Gyms and Fitness Centres in Australia - Industry Market Research Report

Bulking up: Rising consumer health consciousness is boosting industry expansion

The Gyms and Fitness Centres industry has faced its biggest challenge during the COVID-19 pandemic. In response to the pandemic, the Federal Government required gyms to cease operations over sporadic lockdown periods. Social distancing measures and capacity limits have further constrained the operations of gyms and fitness centres, with many customers suspending membership fees during lockdown periods. The COVID-19 pandemic has advanced digital fitness, and many gyms have survived by quickly shifting to online training and community-building virtual events. Revenue has contracted at an annualised 6.8% through the end of 2022-23, to total an estimated $2.2 billion. A drop in real household discretionary income is also causing revenue to slip by an estimated 1.5% in 2022-23 alone.

Industry businesses mainly operate health clubs, fitness centres and gymnasiums, and provide a range of fitness and exercise services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.