Fitness deemed "fastest growing business sector" in the UK
16 Jul 2018 . BY Tom Walker
Between 2013 and 2018, the number of private sector clubs in the UK increased from 3,269 to 4,400
The value of the UK fitness club market has been valued at £5.1bn – a figure which is expected to grow by more than 8 per cent each year.
The latest in-depth survey of the UK fitness club market – Project Fitness UK 2018, published by Allegra Strategies – projects a compound annual growth rate of 8.5 per cent in value and a 5 per cent increase in the number of gyms and health clubs over the next five years.
Allegra’s estimates are based on significant growth to date – 7.1 per cent in value terms since 2013.
Having increased its retail footprint by 15.1 per cent since 2012, the health and leisure centre sector is deemed to have been the fastest growing business sector in the UK over the last five years.
Between 2013 and 2018, the number of private sector clubs increased from 3,269 to 4,400, although the public sector contracted from 2,750 to 2,680 facilities.
The growth has been fuelled by increasing awareness – and actual experience – of the benefits of exercise on both physical and mental health.
The rise in obesity, heart disease and diabetes has further highlighted the need to alter sedentary lifestyles, and government initiatives and sporting events have given the industry a further boost, as have technological developments.
Given the fitness club market should now be in a mature state of development, and taking into account economic forecasts for the UK generally, these are impressive growth estimates.
and projects a compound annual growth rate of 8.5 per cent in value and circa five per cent in the number of gyms and health clubs over the next five years.
"We summarise what we do in two words – functional art," says Gian Luca Innocenzi, CEO and
founder of MyEquilibria, which specialises in high-end outdoor exercise equipment.
Cryotherapy supplier Art of Cryo has created a new 12-person walkthrough cryotherapy chamber
at Cryo Center Coolzone Madeira, claimed to be the largest cold therapy treatment experience
in the world.
Egym has introduced Open Mode on its Smart Strength machines, enabling them to be used as a
replacement for traditional weights on the fitness floor, rather than solely as circuit-based
machines.
Myzone has announced the launch of MZ-Open, an access function that enables Myzone gym users
to experience all the benefits of Myzone’s world-renowned heart rate training biome through
their pre-owned Apple or Android smartwatch.
PerformX Live, the premier business of fitness event, has announced Dr Jonathan Leary,
founder
and CEO of Remedy Place, as the headliner for its 2024 event.
Elevate, the premier event in the physical activity, fitness, sports therapy and performance
sector, is thrilled to announce that registrations for its 2024 conference are now live –
and the response has been nothing short of exceptional.
Cardiff-based gym design and installation company, Absolute Performance, has been awarded
the contract to design, supply and install three gyms for Team GB for the 2024 games in
Paris.
As Third Space unveiled its latest club in Wimbledon at the end of 2023 as part of its growth
development into suburban, residential locations, it also revealed a new state of the art
Reformer Pilates studio at the new site in response to members seeking a low-impact, full-
body workout for all abilities.
Developed for the world of medicine, tailored to the needs of modern fitness studios. The
seca TRU seamlessly provides medical expertise for health-focused training with a clinically
validated body composition analysis meeting the health and fitness industry's evolving
demands.
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Fitness deemed "fastest growing business sector" in the UK
16 Jul 2018 . BY Tom Walker
Between 2013 and 2018, the number of private sector clubs in the UK increased from 3,269 to 4,400
The value of the UK fitness club market has been valued at £5.1bn – a figure which is expected to grow by more than 8 per cent each year.
The latest in-depth survey of the UK fitness club market – Project Fitness UK 2018, published by Allegra Strategies – projects a compound annual growth rate of 8.5 per cent in value and a 5 per cent increase in the number of gyms and health clubs over the next five years.
Allegra’s estimates are based on significant growth to date – 7.1 per cent in value terms since 2013.
Having increased its retail footprint by 15.1 per cent since 2012, the health and leisure centre sector is deemed to have been the fastest growing business sector in the UK over the last five years.
Between 2013 and 2018, the number of private sector clubs increased from 3,269 to 4,400, although the public sector contracted from 2,750 to 2,680 facilities.
The growth has been fuelled by increasing awareness – and actual experience – of the benefits of exercise on both physical and mental health.
The rise in obesity, heart disease and diabetes has further highlighted the need to alter sedentary lifestyles, and government initiatives and sporting events have given the industry a further boost, as have technological developments.
Given the fitness club market should now be in a mature state of development, and taking into account economic forecasts for the UK generally, these are impressive growth estimates.
and projects a compound annual growth rate of 8.5 per cent in value and circa five per cent in the number of gyms and health clubs over the next five years.
"We summarise what we do in two words – functional art," says Gian Luca Innocenzi, CEO and
founder of MyEquilibria, which specialises in high-end outdoor exercise equipment.
Egym has introduced Open Mode on its Smart Strength machines, enabling them to be used as a
replacement for traditional weights on the fitness floor, rather than solely as circuit-based
machines.
Myzone has announced the launch of MZ-Open, an access function that enables Myzone gym users
to experience all the benefits of Myzone’s world-renowned heart rate training biome through
their pre-owned Apple or Android smartwatch.
Cardiff-based gym design and installation company, Absolute Performance, has been awarded
the contract to design, supply and install three gyms for Team GB for the 2024 games in
Paris.
As Third Space unveiled its latest club in Wimbledon at the end of 2023 as part of its growth
development into suburban, residential locations, it also revealed a new state of the art
Reformer Pilates studio at the new site in response to members seeking a low-impact, full-
body workout for all abilities.
