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Indonesia Fitness Industry is expected to reach USD 359 million by FY’2020: Ken Research

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    • The revenue from the fitness services market is expected to reach USD 296.7 million by FY’2020 and the fitness equipment market revenue is expected to reach USD 62.3 million by 2020.
    • Future Growth of Indonesia Fitness Industry is expected to increase due to the growth in revenues from the Fitness Services and Fitness Equipment market
    • Factors such as the competitive pricing of subscription charges and penetration to tier-2 and tier-3 cities is expected to drive the growth of  the fitness services market
    • Future growth of the fitness equipment market is expected to be led by product innovation and the increasing number of fitness clubs across Indonesia

     

    • Ken Research announced the latest publication on “Indonesia Fitness Services and Equipment Market Outlook to FY’2020 – Purchasing Power of Middle Class, Product Innovation and Increasing Health Concerns to Shape Future Growth” which provides a comprehensive analysis of the Fitness Industry in Indonesia. The report covers various aspects such as market size of the fitness services market revenue in terms of number of fitness clubs, personal trainers and subscribers. The segmentation on the basis of market structure – organized and unorganized, top cities, services offered, total area and subscription charges. The report also covers fitness equipment market revenue and segmentation based on end user and type of fitness equipment – cardiovascular and strength training. In addition to this, the report also covers the customer profile in the fitness services market and segmentation on the basis of gender, age, fitness level and income of the consumer. The report will help industry consultants, Fitness service provides, fitness equipment manufacturers, dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
    • Indonesia Fitness Industry is pulsating and has witnessed a valuation of USD~ million in FY’2015. Over the last few years from FY’2011-FY’2015, the industry has observed an average annual growth of ~% in value terms. The fitness services market observed revenue of USD~ million in FY’2015, accounting for an annual growth rate of ~% in value terms from FY’2011-FY’2015. The fitness equipment market witnessed an annual growth rate of ~% from FY’2011-FY’2015 and market revenue of USD~ million in FY’2015.
    • According to the research report, the fitness industry in Indonesia will continue to grow at a CAGR of 8.5% from FY’2016-FY’2020. Factors such as the increasing prevalence of obesity among the youth, scaling up through franchising, increasing urban population and rising health concerns have driven the fitness services market in Indonesia. Product innovations, swelling growth of hotels and the increasing number of fitness clubs have impelled the development of the fitness equipment market.
    • “According to Research Analyst at Ken Research- The established fitness service providers will need to place increased focus on efficient and optimal pricing packages coupled with personal trainer credibility, while new entrants can expand the scale of operation through franchising. Foreign fitness equipment manufacturers can sell bundled products to ensure higher sales volume while ensuring the products are of high-quality. The industry, however, is expected to face major challenges due to a falling GDP per capita, rising inflation and exchange rate; that can adversely impact the market for fitness services and equipments in the long run.”

     

    • Key Topics Covered in the Report:
    • Indonesia Fitness Industry
      • Customer Profile in Indonesia Fitness Services Market
      • Indonesia Fitness Services Market Size
    • Revenue
    • Number of Fitness Clubs
    • Number of Personal Trainers
    • Number of Subscribers
    • Personal Trainer Revenue
      • Indonesia Fitness Services Segmentation
    • Market Structure – Organized and Unorganized
    • Number of Fitness Clubs
    • City
    • Services offered
    • Subscription Charges
    • Area of the Club
      • Indonesia Fitness Equipment Market Size
      • Indonesia Fitness Equipment Market Segmentation
    • End Users – Institutional and Home Users
    • Institutional Users – Hotels, Corporate Offices, Fitness Clubs
    • Type Of Equipment – Cardiovascular and Strength Training
      • Trends and Development
      • Challenges
      • Government Role
      • Value Chain
      • Company Profiles
      • Competition and Market Share
      • Future Outlook
      • Macro Economic Parameters
      • Analyst Recommendations

     

     

    • Contact:
      Ken Research
      Ankur Gupta, Head Marketing & Communications
      Ankur@kenresearch.com
      +91-9015378249

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