WebJul 30, 2024 · According to IBISWorld market research, the gym industry has been developing rapidly in recent years, largely due to increasing disposable incomes and health awareness among Chinese consumers. … WebJan 25, 2024 · The exception was the Chinese market, which continued its role as the industry’s growth engine after expanding at an average of 16.5 percent a year (CAGR) from 2015 to 2024. 1 Euromonitor International. Sporting goods companies saw their market valuations fall in the early months of the pandemic.
How Big is the Fitness Industry in China? - Marketing …
WebJan 29, 2024 · Hosa Fitness was the first gym to suffer the changes that were happening in China’s fitness industry landscape. The change was from traditional gyms to more flexible, more digital, and more social gyms. We found that 80 – 90% of fitness clubs lasted less than 12 months. One phenomenon that would happen is that fitness clubs would collect ... WebJul 21, 2024 · In China, the massive fitness industry is tapping into the seniors market. Sports, however, is never just about health. Some seniors are following the digital trend. Through various mobile apps, they find their interest group online and get together offline by organizing group activities. graphenecrete
Exploring Chinese Light Food Industry: 5 Key Trends to Watch
WebNov 4, 2024 · DHZ, which has been operating since 2002, is a top Chinese fitness brand. In its early years, the company copied such leading international brands as Precor and Technogym. It has evolved, however, into a full research and development supported company which manufactures in-house designed equipment. WebFeb 9, 2024 · In China, fitness was a $4.4 billion business in 2015. At the end of 2024, it has reached $11.4 billion—an increase of 160% over just five years. As we have said in previous posts, future growth in wellness will … WebExperienced Founding Director with a demonstrated history of working in the health wellness and fitness industry. Skilled in Nonprofit … chips in slow cooker