1.Enhance Health and Fitness Awareness
Nowadays, more and more people go to the gym to deal with the side effects of a busy city lifestyle. It is also necessary. In fact, exercise can improve cardiovascular health and overall health. In addition, regular exercise can help reduce stress, anxiety and depression, as well as other health problems.
In addition, the rise of osteoporosis and the decrease of bone mineral density also make people take health, diet and fitness seriously. Earlier, only men showed interest in the gym, but today, even women are going to the gym. Thanks to the Internet, the popularity of television and the improvement of education level, the concept of everyone, including women, has changed.
2.Growth of Personal Disposable Income
In the early days, spending time and taking part in fitness meetings was considered a luxury, but now it's part of people's lifestyle. Growing urbanization, the rise of the middle class and the growing disposable income have all increased the demand for stadiums. In addition, the demand for stadiums is expected to move only northward as the young working age population with sufficient disposable income on hand leads to sedentary lifestyles, which leads to various diseases.
3.Government Funding for Health and Fitness has Increased Dramatically
In recent years, health care has become one of the largest industries in terms of income and employment. Health care includes hospitals, medical equipment, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. In the whole market, the fitness and weight loss industry includes rs. 60 billion. Fitness equipment is also a key area. This segment includes the retail and wholesale of fitness equipment (such as dumbbells, treadmills, etc.). Even fitness services in the form of gymnasiums have been vigorously promoted by the government.
4.All Kinds of Fitness Equipment are Becoming More and More Complete
One of the biggest benefits of participating in a gymnasium is that you can buy a variety of equipment, including aerobic exercise equipment, strength equipment, counterweight, boxing tools and various functional training equipment (TRX, fitness ball, resistance belt, etc.), which can help you exercise regularly.
5.Age is not the Standard for Fitness
Through doctors, researchers and many other sources, we are often reminded of the benefits of exercise, which is also true. People of all ages from their 20s to 60s need to work hard to stay healthy. In addition, it must be remembered that the human body has different requirements at different ages, and aging is an indispensable part of life. Aware of this, and in keeping with the fact that people are healthier and healthier than those who exercise regularly, people are going to the gym more and more.
6.International brand penetration
The rise in obesity and diabetes has led to a revolution in the fitness industry around the world. If we look around, we will find that weight loss advertisements are everywhere. This is one of the main reasons for the increase in the number of members of fitness clubs and gyms in the country. Preventive health care methods have led to an increase in demand not only for services but also for products. Large and mature fitness chains and gymnasiums are expanding their product and service portfolio to enter the market and reach potential customers in all possible ways. Many of these companies have acquired public equity to drive their growth plans. With the growth of demand, the franchise of fitness centers is catching up quickly.
7.The Development of Sports Culture
At present, the gymnasium culture in its infancy is growing at a very fast speed, because more and more people join the gymnasium to pursue health and longevity. In fact, large numbers of people in metropolises and second tier cities are rapidly becoming aware of health problems and are starting to enter stadiums. Although sports culture is evident in urban and metropolitan areas, it still needs to catch up in third tier cities and in the country's smaller towns and villages. Well, gradually, they began to accept sports culture, and sports are increasingly becoming a necessity for people's healthy life. People who come to the stadium have different goals. Some people come for strength, others try to build a healthy body. And a lot of them are sports fans. They go to the gym regularly and don't want to miss it at all.
8.Availability of Personalized Fitness Training Program
In today's era, people will not hesitate to spend a lot of money to keep looking and feeling good. The number of people attending the stadium is proof of this trend. However, not everyone knows what exercise to do, how to do it, when to do it, what to eat and so on. Here, personalized fitness training program began to play a role. One of the most important reasons people need personal coaches is that they help bring responsibility and sincerity.
In addition, personalized training can help you keep up with your goals and follow the system's exercise modules to suit their fitness needs and goals. It also provides professional advice on the technology and the importance of proper equipment and diet. Therefore, today, personal fitness training has become a new slogan of the fitness industry. Now, it's not just elites or stars who work out with a personal trainer. It's not an expensive thing either.
Due to all the above factors, the sports fitness industry is now in a bright day, and there will be golden days in the future. This sunrise industry is expected to grow at a rate of 20% to 30% a year, and there are enough growth opportunities for the old and emerging enterprises in this market segment.