World Leisure Jobs - Deloitte report – Asia Pacific fitness market now worth US$16.8bn...
15 Oct 2018 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

14 Jun 2018

Deloitte report – Asia Pacific fitness market now worth US$16.8bn
BY Tom Walker

There are now more than 25,000 clubs across the region, accommodating around 22 million club members

There are now more than 25,000 clubs across the region, accommodating around 22 million club members

Fast-growing economies and the prospect of future growth are fueling Asia Pacific's fitness sector, according to a new report by Deloitte and IHRSA.

The IHRSA Asia-Pacific Health Club Report shows that the region's fitness idustry is now worth US$16.8bn (€14.2bn, £12.5bn) – a new record high.

It also estimates that there are now more than 25,000 clubs across the region, accommodating around 22 million club members.

Only two markets in the region are considered mature – Australia and New Zealand – which means there are plenty of opportunities for wellness business of all sizes to move in and to establish a presence.

Some of those opportunities are already being snapped up by operators.

The penetration rate within Hong Kong's fitness market has grown to around 5.9 per cent, while in Singapore the rate is currently at 5.8 per cent.

Both are high above the 3.8 per cent average penetration rate measured in 2015.

Significant growth opportunities still remain across the region, with a number of developed economies, such as the Philippines (penetration rate of 0.53 per cent), Thailand (0.5 per cent) and Indonesia (0.18 per cent), having very low number of active operators.

"Driven by the momentum of economic prosperity, the fitness market in the Asia Pacific region has shown steady growth, with a positive outlook going forward," said Alan MacCharles, partner at Deloitte China.

"Overall market penetration is on an upward trajectory, reflecting an increasing awareness of the importance of good health and the role a club membership can play in this."

The report focuses on the health club industry in 14 markets in the Asia-Pacific region as well as 10 city-level insights for select cities in China and India.

To read a more a more detailed analysis of the report, click here for issue 6 of Health Club Management magazine.



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
British artists create Philadelphia warehouse Sea Monster installation
British artists create Philadelphia warehouse Sea Monster installation   15 Oct 2018

20 inflatable tentacles have appeared extending out from a disused warehouse in Philadelphia, giving the appearance that sea monsters have attacked .... more>>
Irish government increases investment in Sport Ireland
Irish government increases investment in Sport Ireland   15 Oct 2018

Sport Ireland has received a €6.5m (£5.7m) increase in its annual funding levels. The boost was announced as part of the Irish government's Budget .... more>>
American Airlines CR Smith Museum reopens
American Airlines CR Smith Museum reopens   12 Oct 2018

The newly-renovated American Airlines CR Smith Museum in Fort Worth, Texas, has opened its doors following a redesign of the visitor attraction's .... more>>
Canadian art gallery and library proposal seeks state permission for approval
Canadian art gallery and library proposal seeks state permission for approval   12 Oct 2018

The town of Smithers, BC, Canada might be about to get an art gallery-cum-library if planning is approved by the state council. Architect Jennifer Marshall, of the Space 2 Place .... more>>
Company profile


Gantner Ticketing

Syx Automations was established in 1990.

View full profile>>

Catalogue gallery


Featured Supplier

Dyaco launches new Spirit Fitness Fluid Rower and refreshes 900 CV range

Dyaco launches new Spirit Fitness Fluid Rower and refreshes 900 CV range

Global fitness manufacturer Dyaco, has launched the new Spirit CRW900 Fluid Rower to add to its growing range of Spirit Fitness CV equipment. More>>




in this issue

• Verstegen: Gyms face 'changing landscape'
• Mark Anthony launches FirstLight Cycle
• Hard Rock Hotel to open in spring 2019



World Leisure jobs




Multi-Skilled Sport and Recreation Apprentice
Salary: Up to £16,187 per annum (39 hours a weeks pro rat
Location: Winscombe, UK
Company: GLL
Apprentice Recreation Assistant (Lifeguard)
Location: Pimlico, South West London
Company: GLL
Party Food Cook/Chef
Salary: £12.24 per hour
Location: Bradley Stoke, Bristol, UK
Company: Circadian Leisure Trust
Senior Recreation Assistant (Lifeguard)
Salary: Up to £22,320 per annum
Location: Waddon, South London
Company: GLL
Diary dates
Powered by leisurediary.com

24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia


15-18 Oct 2018

18th Annual IHRSA European Congress

tbc, Lisbon, Portugal



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Restaurants: Sharing the love
Famous restaurants are popping up in unexpected places. We found out more More>>
  Interview: Sioux-per foods
The Sioux Chef, Sean Sherman, is on a mission to revive indigenous cuisine More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  New opening: Future of leisure
Selby Summit focuses on activity, not sport. Is it a new era for leisure centres? More>>
  Visitor profiles: Beyond demographics
Gerri Morris, of Morris Hargreaves McIntyre, on defining cultural consumers More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd