Gyms, Health & Fitness Clubs in South Africa
Summary
Gyms, Health & Fitness Clubs in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The gyms, health and fitness clubs market includes establishments that offer facilities and services for physical exercise and fitness training, such as workout equipment, classes, personal training, and other amenities aimed at promoting health.
- The South African gyms, health & fitness clubs market had total revenues of $0.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.1% between 2018 and 2023.
- In 2023, South Africa held a stake of 0.3% of the global gyms, health & fitness clubs market.
- According to GlobalData analysis based on information from the South African Reserve Bank and the World Bank, the national disposable income in current prices in South Africa increased from $390.7 billion in 2018 to $434.1 billion in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the gyms, health & fitness clubs market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the gyms, health & fitness clubs market in South Africa
- Leading company profiles reveal details of key gyms, health & fitness clubs market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa gyms, health & fitness clubs market with five year forecasts by both value and volume
- What was the size of the South Africa gyms, health & fitness clubs market by value in 2023?
- What will be the size of the South Africa gyms, health & fitness clubs market in 2028?
- What factors are affecting the strength of competition in the South Africa gyms, health & fitness clubs market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's gyms, health & fitness clubs market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent notable developments in this market?
- 7.4. What are the new technical improvements in this market?
- 8 Company Profiles
- 8.1. Virgin Active Ltd
- 8.2. Planet Fitness Inc
- 8.3. Zone Fitness
- 8.4. BODYTEC
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Africa gyms, health & fitness clubs market value: $ billion, 2018-23
- Table 2: South Africa gyms, health & fitness clubs market geography segmentation: $ billion, 2023
- Table 3: South Africa gyms, health & fitness clubs market value forecast: $ billion, 2023-28
- Table 4: Virgin Active Ltd: key facts
- Table 5: Virgin Active Ltd: Key Employees
- Table 6: Planet Fitness Inc: key facts
- Table 7: Planet Fitness Inc: Annual Financial Ratios
- Table 8: Planet Fitness Inc: Key Employees
- Table 9: Zone Fitness: key facts
- Table 10: Zone Fitness: Key Employees
- Table 11: BODYTEC: key facts
- Table 12: South Africa size of population (million), 2019-23
- Table 13: South Africa gdp (constant 2005 prices, $ billion), 2019-23
- Table 14: South Africa gdp (current prices, $ billion), 2019-23
- Table 15: South Africa inflation, 2019-23
- Table 16: South Africa consumer price index (absolute), 2019-23
- Table 17: South Africa exchange rate, 2019-23
- List of Figures
- Figure 1: South Africa gyms, health & fitness clubs market value: $ billion, 2018-23
- Figure 2: South Africa gyms, health & fitness clubs market geography segmentation: % share, by value, 2023
- Figure 3: South Africa gyms, health & fitness clubs market value forecast: $ billion, 2023-28
- Figure 4: Forces driving competition in the gyms, health & fitness clubs market in South Africa, 2023
- Figure 5: Drivers of buyer power in the gyms, health & fitness clubs market in South Africa, 2023
- Figure 6: Drivers of supplier power in the gyms, health & fitness clubs market in South Africa, 2023
- Figure 7: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in South Africa, 2023
- Figure 8: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in South Africa, 2023
- Figure 9: Drivers of degree of rivalry in the gyms, health & fitness clubs market in South Africa, 2023
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