Gyms and Fitness Centres in New Zealand - Industry Market Research Report

Gyms and Fitness Centres in New Zealand - Industry Market Research Report

Gyms and Fitness Centres in New Zealand

The industry has contended with varied trading conditions in recent years. Upwards trends in health consciousness and real household discretionary income have boosted industry demand. Although, the COVID-19 pandemic and the Central Government's (Te Kawanatanga o Aotearoa) subsequent restrictions negatively affected industry growth. Gyms and fitness centres' obligation to suspend membership fees during lockdowns and government-mandated capacity limits constrained regular gym and fitness centre operations. Industry revenue has shrunk at an annualised 0.9% through the end of 2022-23, to an anticipated $379.7 million. A tumble in the consumer sentiment index is also causing revenue to decline by an expected 8.9% in 2022-23 alone.

Industry firms operate health clubs, fitness centres and gymnasiums. The industry provides 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.