australian fitness industry statistics 2018
The Amusement and Other Recreation Activities industry has also seen a gradual rise in employment levels over the same period with the increase predicted to continue over the next five years to 2024.Fitness Instructors make up just over 9% of the Sport and Recreation Activities industry workforce (excluding Horse and Dog Racing Activities) and Sports Coaches, Instructors and Officials make up approximately 16%. These continuing trends should create further demand for fitness products and services in the future, of which the Sport and Recreation IRC’s 2019 Skills Forecast highlights that workforce shortages currently exist for fitness instructors, with the high demand for people to fill this role expected into the future.Advancements in technology continue to provide opportunities to the fitness industry according to the Sport and Recreation IRC’s 2019 Skills Forecast, particularly with regards to the tracking personal activity, training and health data and being able to access and use this customer focused information to provide niche and individualised services.Department of Employment 2018, Employment Projections, available from the Superseded qualifications and training packages are grouped with current training products. Fitness Australia Annual Report 2018-19 26-Nov-2019. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Further industry growth has occurred as more affordable gyms have expanded. The tough world of the Australian fitness industry. The page provides information and data on the Fitness sector, which is one component of the Sport, Fitness and Recreation industry.The fitness industry primarily consists of health clubs, fitness centres and gymnasiums.Strong growth has been experienced by the fitness industry and this is expected to continue over the next five years. Get your business noticed in our targeted directory. Aside from rising health consciousness, the demand for personal training has also been fuelled by increased discretionary income.Vocational education and training is required for occupations involved in a broad range of fitness service occupations such as:Nationally recognised training for Fitness occupations is delivered under the The employment level in the Sport and Physical Recreation industry has risen substantially over the period between 2000 and 2019, with a further increase projected up until 2024. TAFE institutes also provide a small portion (10%) of training, the majority of which is Commonwealth and state funded (81%). The Australian fitness industry has gone from strength to strength, with recent 2019 figures estimating approximately 3,468 fitness centers and gyms located across the country. Location data uses student residence. Each session is tailored to… Strong growth has been experienced by the fitness industry and this is expected to continue over the next five years. While warning that Australia’s gym market may reach saturation in the next five years, a new report from international market research company IBISWorld predicts that fitness centre revenues will grow at an annualised 1.8% over the half decade through to 2022/23, to reach $2.4 billion from its 2017/18 value of $2.2 billion.
Here are some key facts and stats that provide a quick fitness industry overview… How big is the fitness industry? Key statistics In 2018-19, compared to 2017-18: Mining industry EBITDA grew 32.2% ($33.7b) Manufacturing industry EBITDA grew 9.1% ($3.3b) Construction industry EBITDA grew 5.4% ($2.5b) Health care and social assistance industry EBITDA grew 7.2% ($1.9b) Information media and telecommunications EBITDA fell 10.8% (down $2.1b) AQUASPIN™ - Aqua Cycling Links Modular Solutions are a leading provider of high-quality, innovative software solutions for leisure facilities. Budget 24-hour gyms generally operate without staff, and wage savings flow down to consumers in the form of cheaper membership prices.“However, increasing market saturation, and forecast declines in consumer sentiment and discretionary incomes are expected to result in slightly slower revenue growth in 2017/18, at an anticipated 2.9%.”It also predicts that market saturation will play a major part in revenue growth slowing over the five years through 2022/23.“These gyms include full-service gyms, women-only gyms and budget 24-hour gyms.“Consumers further shifting from full-service gyms to cheaper 24-hour gyms is also projected to slow revenue growth. Aquaspin™’s sessions have been specially designed by our Master Trainer to be challenging yet fun group cycling sessions.
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