Gyms, Health & Fitness Clubs in South Korea
Summary
Gyms, Health & Fitness Clubs in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Korean gyms, health & fitness clubs market recorded total revenues of $2.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.6% between 2018 and 2023.
- In 2023, South Korea held a stake of 12.1% of the Asia-Pacific gyms, health & fitness clubs market.
- According to GlobalData analysis based on information from the United Nations Statistics Division, the household consumption expenditure on health per household in South Korea increased from $2,158.1 in 2018 to $2,432.2 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 Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the gyms, health & fitness clubs market in South Korea
- 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 Korea gyms, health & fitness clubs market with five year forecasts
- What was the size of the South Korea gyms, health & fitness clubs market by value in 2023?
- What will be the size of the South Korea gyms, health & fitness clubs market in 2028?
- What factors are affecting the strength of competition in the South Korea gyms, health & fitness clubs market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea'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 are the strengths of the leading players?
- 7.3. What are the new technical improvements in this market?
- 7.4. What trends have impacted the market?
- 8 Company Profiles
- 8.1. KD Sports & Fitness
- 8.2. 4TP Fitness
- 8.3. World Gym International LLC
- 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 Korea gyms, health & fitness clubs market value: $ billion, 2018-23
- Table 2: South Korea gyms, health & fitness clubs market geography segmentation: $ billion, 2023
- Table 3: South Korea gyms, health & fitness clubs market value forecast: $ billion, 2023-28
- Table 4: KD Sports & Fitness: key facts
- Table 5: KD Sports & Fitness: Key Employees
- Table 6: 4TP Fitness: key facts
- Table 7: World Gym International LLC: key facts
- Table 8: World Gym International LLC: Key Employees
- Table 9: South Korea size of population (million), 2019-23
- Table 10: South Korea gdp (constant 2005 prices, $ billion), 2019-23
- Table 11: South Korea gdp (current prices, $ billion), 2019-23
- Table 12: South Korea inflation, 2019-23
- Table 13: South Korea consumer price index (absolute), 2019-23
- Table 14: South Korea exchange rate, 2019-23
- List of Figures
- Figure 1: South Korea gyms, health & fitness clubs market value: $ billion, 2018-23
- Figure 2: South Korea gyms, health & fitness clubs market geography segmentation: % share, by value, 2023
- Figure 3: South Korea gyms, health & fitness clubs market value forecast: $ billion, 2023-28
- Figure 4: Forces driving competition in the gyms, health & fitness clubs market in South Korea, 2023
- Figure 5: Drivers of buyer power in the gyms, health & fitness clubs market in South Korea, 2023
- Figure 6: Drivers of supplier power in the gyms, health & fitness clubs market in South Korea, 2023
- Figure 7: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in South Korea, 2023
- Figure 8: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in South Korea, 2023
- Figure 9: Drivers of degree of rivalry in the gyms, health & fitness clubs market in South Korea, 2023
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