Summary
Gyms, Health & Fitness Clubs in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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 & fitness clubs market refers to clubs that provide exercise facilities such as weight and exercise machines, fitness classes, personal training and other services such as health and beauty facilities, food and drink, clothing and equipment, designed for users to improve and maintain their physical health. Market revenues are calculated as the membership fees paid to clubs. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
- The South Korean gyms, health and fitness clubs market is expected to generate total revenues of $1.0bn in 2021, representing a compound annual growth rate (CAGR) of 2.2% between 2017 and 2021.
- The shift of the millennial generation to healthier lifestyles, which has brought the importance of physical exercise to the fore, has been the main driver of this market’s expansion over the last decade.
- The lockdown and social-distancing measures imposed to contain the ongoing pandemic have prevented gyms and health and fitness club operators from generating revenues from new and existing users.
Scope
- 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
Reasons to Buy
- What was the size of the South Korea gyms, health & fitness clubs market by value in 2021?
- What will be the size of the South Korea gyms, health & fitness clubs market in 2026?
- 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?
'
Table of Contents
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 leading players follow?
7.3. What trends have impacted the market?
8 Company Profiles
8.1. World Gym International LLC
8.2. 4TP Fitness
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, 2017-21
Table 2: South Korea gyms, health & fitness clubs market geography segmentation: $ billion, 2021
Table 3: South Korea gyms, health & fitness clubs market value forecast: $ billion, 2021-26
Table 4: World Gym International LLC: key facts
Table 5: World Gym International LLC: Key Employees
Table 6: 4TP Fitness: key facts
Table 7: South Korea size of population (million), 2017-21
Table 8: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 9: South Korea gdp (current prices, $ billion), 2017-21
Table 10: South Korea inflation, 2017-21
Table 11: South Korea consumer price index (absolute), 2017-21
Table 12: South Korea exchange rate, 2016-20
List of Figures
Figure 1: South Korea gyms, health & fitness clubs market value: $ billion, 2017-21
Figure 2: South Korea gyms, health & fitness clubs market geography segmentation: % share, by value, 2021
Figure 3: South Korea gyms, health & fitness clubs market value forecast: $ billion, 2021-26
Figure 4: Forces driving competition in the gyms, health & fitness clubs market in South Korea, 2021
Figure 5: Drivers of buyer power in the gyms, health & fitness clubs market in South Korea, 2021
Figure 6: Drivers of supplier power in the gyms, health & fitness clubs market in South Korea, 2021
Figure 7: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in South Korea, 2021
Figure 8: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in South Korea, 2021
Figure 9: Drivers of degree of rivalry in the gyms, health & fitness clubs market in South Korea, 2021
