Fitness & Slimming Industry in India (2011-15)
EXECUTIVE SUMMARY
Indian Fitness & Slimming Industry constitutes about 8% of the wellness market. Presently, the fitness industry is in its nascent stages. The industry is fairly fragmented since the majority of the market appears to be dominated by a large number of mom-and-pop gyms. Organized fitness services account for merely 25% of the overall fitness industry.
Trends in the Industry
The Indian Fitness & Slimming Industry is set to ride high with all levers in place. Growing disposable income of the people coupled with rising awareness of a healthy body augur well for the Industry. Significant changes in lifestyle related to lack of physical activity and increased consumption of fast food among both affluent and working class population has led to greater need for healthy lifestyles.
Indian fitness & slimming industry currently pegged at USD 0.78 billion is stated to grow at a CAGR of 25% to reach USD 2.4 Billion by 2015. We would not be surprised if the industry outperforms our ballpark figure.
SCOPE OF THE REPORT
REASONS TO BUY
Indian Fitness & Slimming Industry constitutes about 8% of the wellness market. Presently, the fitness industry is in its nascent stages. The industry is fairly fragmented since the majority of the market appears to be dominated by a large number of mom-and-pop gyms. Organized fitness services account for merely 25% of the overall fitness industry.
Trends in the Industry
- Franchising
- Beyond Tier I
- Burgeoning Investments
- Innovative formats
- Training Trends
The Indian Fitness & Slimming Industry is set to ride high with all levers in place. Growing disposable income of the people coupled with rising awareness of a healthy body augur well for the Industry. Significant changes in lifestyle related to lack of physical activity and increased consumption of fast food among both affluent and working class population has led to greater need for healthy lifestyles.
Indian fitness & slimming industry currently pegged at USD 0.78 billion is stated to grow at a CAGR of 25% to reach USD 2.4 Billion by 2015. We would not be surprised if the industry outperforms our ballpark figure.
SCOPE OF THE REPORT
- Indian Fitness & Slimming Industry at a glance
- Emerging trends in the industry like franchising, rising investments, innovative formats etc
- Demand Supply scenario encompassing number of members, health clubs and projections
- Factors driving growth, Issues & Challenges
- Government Regulations & Initiatives in Indian market
- Major players
- Forecasts
REASONS TO BUY
- To understand the various factors which are fuelling the growth and those which are/will be critical for the industry performance in the near term
- Comprehensive report covering all the aspects required to understand the industry performance and future prospects.
- The report elucidates the current market scenario of the industry and forecasts key parameters which helps to anticipate the industry performance
1. OVERVIEW
1.1 STRUCTURE OF THE INDUSTRY
2. DEMAND-SUPPLY SCENARIO
3. INDUSTRY GROWTH DRIVERS
3.1 Changing Lifestyles
3.2 Rising Urban population
3.3 Superior service offerings
3.4 Economical deals
3.5 Marketing
4. EMERGING TRENDS IN THE INDUSTRY
4.1 Franchising
4.2 Innovative formats
4.3 Beyond Tier I
4.4 Burgoening Investments
4.5 Training trends
4.6 New Entrants
5. GOVERNMENT REGULATIONS & INITIATIVES
6. SWOT ANALYSIS
6.1 STRENGTHS
6.1.1 Large customer base
6.1.2 Last man standing!
6.2 WEAKNESS
6.2.1 Lack of standardization
6.2.2 Seasonality of business
6.2.3 Lack of Government focus
6.2.4 Capital Intensive
6.3 OPPORTUNITIES
6.3.1 Evolving demographics
6.3.2 Rising health consciousness
6.3.3 Surge in disposable incomes
6.3.4 Shift in spending pattern
6.3.5 Under penetrated Industry
6.4 THREATS
6.4.1 High input costs
6.4.2 Lack of qualified manpower
6.4.3 Macroeconomic factors
6.4.4 Competition
7. PORTERS 5 FORCES
7.1 Bargaining power of buyers
7.2 Bargaining power of suppliers
7.3 Threat of substitutes
7.4 Rivalry among existing players
7.5 Threat of new entrants
8. KEY PLAYERS
8.1 TALWALKARS BETTER VALUE FITNESS
8.2 GOLD’S GYM
8.3 VLCC
9. THE HERFINDAHL-HIRSCHMAN INDEX
10. INDUSTRY PERFORMANCE
11. FORECASTS & OUTLOOK
12. ANNEXURE
LIST OF FIGURE & TABLES
Figure 1 Indian Wellness Industry- Segmentation
Figure 2 Indian Fitness & Slimming Services Industry
Figure 3 Indian Fitness & Slimming Industry- Market Size (USD Bn, 2010-2015E)
Figure 4 Market Size - Organized Sector (In USD Bn, 2010-15E)
Figure 5 Number of Members (In Millions, 2010-2015E)
Figure 6 Number of Health clubs- Organized Sector (2008-15E)
Figure 7 Lifestyle Disorders in Urban India (In Millions, 2005-15E)
Figure 8 Urban Population as a % of Total Population (1981-2011)
Figure 9 Population and Income distribution across India
Figure 10 Growth in Fitness Clubs (2008-11)
Figure 11 Youth population growth rate in India (1995-2026E)
Figure 12 Preferred exercises and frequency by Indians
Figure 13 Per Capita Income India (In INR, 2006-11)
Figure 14 Growing Discretionary Spend (2000-20)
Figure 15 Membership penetration across countries
Figure 16 Cost structure of a health club
Figure 17 Market Concentration
Figure 18 Household Income Growth
Figure 19 Growth in Middle Class Income
Figure 20 Diabetic Population
Figure 21 Employment potential of wellness services
Figure 22 Growth in Wellness Industry
Table 1 Key Metrics 2015
Table 2 Franchise Models in Fitness Industry in India
Table 3 Negotiating leverage of buyers
Table 4 Negotiating leverage of suppliers
Table 5 Threat of substitutes
Table 6 Degree of rivalry
Table 7 Entry Barriers
1.1 STRUCTURE OF THE INDUSTRY
2. DEMAND-SUPPLY SCENARIO
3. INDUSTRY GROWTH DRIVERS
3.1 Changing Lifestyles
3.2 Rising Urban population
3.3 Superior service offerings
3.4 Economical deals
3.5 Marketing
4. EMERGING TRENDS IN THE INDUSTRY
4.1 Franchising
4.2 Innovative formats
4.3 Beyond Tier I
4.4 Burgoening Investments
4.5 Training trends
4.6 New Entrants
5. GOVERNMENT REGULATIONS & INITIATIVES
6. SWOT ANALYSIS
6.1 STRENGTHS
6.1.1 Large customer base
6.1.2 Last man standing!
6.2 WEAKNESS
6.2.1 Lack of standardization
6.2.2 Seasonality of business
6.2.3 Lack of Government focus
6.2.4 Capital Intensive
6.3 OPPORTUNITIES
6.3.1 Evolving demographics
6.3.2 Rising health consciousness
6.3.3 Surge in disposable incomes
6.3.4 Shift in spending pattern
6.3.5 Under penetrated Industry
6.4 THREATS
6.4.1 High input costs
6.4.2 Lack of qualified manpower
6.4.3 Macroeconomic factors
6.4.4 Competition
7. PORTERS 5 FORCES
7.1 Bargaining power of buyers
7.2 Bargaining power of suppliers
7.3 Threat of substitutes
7.4 Rivalry among existing players
7.5 Threat of new entrants
8. KEY PLAYERS
8.1 TALWALKARS BETTER VALUE FITNESS
8.2 GOLD’S GYM
8.3 VLCC
9. THE HERFINDAHL-HIRSCHMAN INDEX
10. INDUSTRY PERFORMANCE
11. FORECASTS & OUTLOOK
12. ANNEXURE
LIST OF FIGURE & TABLES
Figure 1 Indian Wellness Industry- Segmentation
Figure 2 Indian Fitness & Slimming Services Industry
Figure 3 Indian Fitness & Slimming Industry- Market Size (USD Bn, 2010-2015E)
Figure 4 Market Size - Organized Sector (In USD Bn, 2010-15E)
Figure 5 Number of Members (In Millions, 2010-2015E)
Figure 6 Number of Health clubs- Organized Sector (2008-15E)
Figure 7 Lifestyle Disorders in Urban India (In Millions, 2005-15E)
Figure 8 Urban Population as a % of Total Population (1981-2011)
Figure 9 Population and Income distribution across India
Figure 10 Growth in Fitness Clubs (2008-11)
Figure 11 Youth population growth rate in India (1995-2026E)
Figure 12 Preferred exercises and frequency by Indians
Figure 13 Per Capita Income India (In INR, 2006-11)
Figure 14 Growing Discretionary Spend (2000-20)
Figure 15 Membership penetration across countries
Figure 16 Cost structure of a health club
Figure 17 Market Concentration
Figure 18 Household Income Growth
Figure 19 Growth in Middle Class Income
Figure 20 Diabetic Population
Figure 21 Employment potential of wellness services
Figure 22 Growth in Wellness Industry
Table 1 Key Metrics 2015
Table 2 Franchise Models in Fitness Industry in India
Table 3 Negotiating leverage of buyers
Table 4 Negotiating leverage of suppliers
Table 5 Threat of substitutes
Table 6 Degree of rivalry
Table 7 Entry Barriers
