Thursday
Feb122015

IHRSA Asia-Pacific Health Club Report Details Entire Region, Indicates Potential for Growth

BOSTON - February 12, 2015 – Today, the International Health, Racquet & Sportsclub Association (IHRSA) released The IHRSA Asia-Pacific Health Club Report, sponsored by Precor and produced in cooperation with Deloitte China. This research publication focuses on the health club industry in thirteen markets in the Asia-Pacific region, containing profiles of leading club companies as well as analyses of the competitive landscape, fitness trends, and an economic overview for all markets observed.

“This report is the most comprehensive examination of the Asia-Pacific health club industry available anywhere,” said Jay Ablondi, IHRSA’s executive vice president of global products. “The report is the ultimate reference on the industry in the Asia Pacific for club operators, developers, analysts, and lenders and investors.”

Thirteen markets in the Asia-Pacific region combine to serve 17 million members at more than 28,000 health clubs. Total revenues for the region are an estimated US$14.3 billion. The report shows room for growth as the average market penetration rate for the region is 3.8%. Australia and New Zealand lead all Asia-Pacific markets in penetration rate at 14.8% and 11.4%, respectively.

“Japan, Hong Kong, South Korea, Taiwan and some large cities, including Kuala Lumpur in Malaysia, Jakarta in Indonesia, Beijing and Shanghai in China, belong to maturing fitness industries with gradually professionalizing players and maturing consumers,” said Alan MacCharles, partner at Deloitte China. “However, health club industries in the remaining Asian markets observed are still in a comparatively early stage due to economic development and awareness factors, and robust future growth can be expected.”

The IHRSA Asia-Pacific Health Club Report is divided into the following sections:

■      Asia-Pacific Market Overview – this section summarizes topline statistics, including club count, number of memberships, market size, penetration rates, and market potential per market;

■      Market Reports – this part contains an in-depth examination of markets in the Asia-Pacific region, including Australia, China, Beijing, Shanghai, Guangzhou, Hong Kong, Taiwan, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Thailand;

■      Appendix – for more details on sources consulted, definitions & abbreviations, and exchange rates applied, refer to this section;

■      Company Profiles – this section provides a snapshot of leading club companies in the Asia-Pacific region.

The IHRSA Asia-Pacific Health Club Report (78 pages) is available at ihrsa.org/research-reports in PDF format for IHRSA members (US$299) and non-members (US$599). 

About IHRSA

The International Health, Racquet & Sportsclub Association (IHRSA) is the trade association representing health and fitness facilities, gyms, spas, racquet and sports clubs, and suppliers worldwide. IHRSA and its members are dedicated to making the world healthier through regular exercise and fitness promotion. IHRSA and the health club industry will convene in Los Angeles, California from March 11-14, 2015 for IHRSA's 34th Annual International Convention & Trade Show. Log on to healthclubs.com to find an IHRSA club, and to access healthclubs.com/jobs, the health club industry’s full-service online career center.