1. Market Research
  2. > Leisure
  3. > Sports Market Trends
Indonesia Fitness Services & Equipment Market Forecast to 2020 - Product Innovation and Increasing Health Concerns to Shape Future Growth

Indonesia Fitness Services & Equipment Market Forecast to 2020 - Product Innovation and Increasing Health Concerns to Shape Future Growth

  • April 2016
  • 136 pages
  • ID: 4068880
  • Format: PDF
  • Ken Research Private Limited

Summary

Table of Contents

Executive Summary

The report titled “Indonesia Fitness Services and Equipment Market Outlook to FY’2020 - Purchasing Power of Middle Class, Product Innovation and Increasing Health Concerns to Shape Future Growth” provides a comprehensive analysis of the Fitness Industry in Indonesia. The report covers various aspects such as market size of the fitness services market revenue in terms of number of fitness clubs, personal trainers and subscribers. The segmentation on the basis of market structure - organized and unorganized, top cities, services offered, total area and subscription charges. The report also covers fitness equipment market revenue and segmentation based on end user and type of fitness equipment - cardiovascular and strength training. In addition to this, the report also covers the customer profile in the fitness services market and segmentation on the basis of gender, age, fitness level and income of the consumer. The report will help industry consultants, Fitness service providers, fitness equipment manufacturers, dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Indonesia Fitness Industry
The Fitness industry in Indonesia will continue to grow at a sizeable pace in the next few years with the addition of new fitness clubs and lowering of import restrictions by the government. The industry is predicted to grow at a CAGR of ~% from FY’2016-FY’2020. Factors such as the increasing prevalence of obesity among the youth, scaling up through franchising, increasing urban population and rising health concerns have driven the fitness services market in Indonesia for several years in the past and this trend is expected to continue in the future. Product innovations, swelling growth of hotels and the increasing number of fitness clubs have impelled the fitness equipment market in the past and this development is expected to continue in the future. Indonesia Fitness Industry is pulsating and has witnessed a valuation of USD~ million in FY’2015. Over the last few years from FY’2011-FY’2015, the industry has observed an average annual growth of ~% in value terms.

Indonesia Fitness Services Market
The market size of fitness services in Indonesia had grown from around USD ~ million in FY’2011 to USD ~ million in FY’2015. In terms of revenue, the fitness services market observed a CAGR of ~% for the period FY’2011- FY’2015. The number of subscribers to fitness services had also increased from around ~ thousand to ~ thousand, indicating a CAGR of ~ %.

The Indonesia fitness services market is highly fragmented with around ~% of gyms and fitness centres belonging to the unorganized sector (FY’2015). The organized players contributed only ~% and include players like Gold’s Gym, Celebrity Fitness, Fitness First and 20fit. In terms of revenue, organized fitness centres contributed around ~% while the unorganized fitness players contributed ~%. It has been estimated that around ~% of the fitness centres in the country were located in the top ten cities. Jakarta, the capital city, was estimated to have ~% share in terms of number of fitness centres across Indonesia. The capital city along with Bekasi and Tangerang had a cumulative of ~ fitness clubs and accounted for almost ~% share in terms of number of fitness centres. The top 3 cities were also estimated to have contributed the highest to revenue at a staggering ~%.

The long term outlook projections indicate the increase in revenue from the fitness services market from USD ~ million in FY’2018 to USD ~ million by FY’2020, achieving a CAGR of ~% from FY’2016-FY’2020. The number of fitness centres is estimated to increase from ~ in FY’2018 to ~ by FY’2020, attaining a CAGR of ~% from FY’2016-FY’2020. In addition to this, the number of subscribers enrolled to the fitness services is projected to increase from ~ thousand in FY’2018 to around ~ thousand by FY’2020, achieving a CAGR of ~% from FY’2016 to FY’2020.

Indonesia Fitness Equipment Market
The major players in Indonesia fitness equipment market are the foreign brands. They constituted almost ~% of the sales volume and revenue in the fitness industry in FY’2015. The revenue from the fitness equipment market increased from USD ~ million in FY’2010 to USD ~ million in FY’2012. However, the revenue reduced to USD ~ million in FY’2015, indicating a CAGR of ~% from FY’2010- FY’2015.

The users in the fitness equipment market can be broadly classified into institutional and residential users. The institutional users had the largest contribution in the fitness equipment sales in FY’2015 with a share of ~% in the overall fitness equipment sales. Almost ~% of the institutional fitness equipment revenue in FY’2015 was obtained from hotels. The share of revenue of fitness equipment from the fitness clubs was around ~%.

The corporate offices and sports clubs contribution to revenue of the fitness equipment market was ~% and ~% respectively. The share of cardiovascular equipment in the overall fitness equipment market was estimated to be ~% in FY’2015. The strength training equipments, on the other hand, held a share of ~% in FY’2015.

The long term outlook for the fitness equipment market is projected to increase from USD ~ million in FY’2018 to USD ~ million by FY’2020, achieving a CAGR of ~% for the FY’2016- FY’2020. The market growth can be attributed to innovative product launches and increasing collaborations between fitness equipment vendors and the commercial user segment. The commercial user segment needs to improve their infrastructural offerings as it largely supplements the demand for fitness equipment.?


Key Topics Covered in the Report:
- Customer Profile in Indonesia Fitness Services Market, FY’2015 - By Gender, Age, Fitness Level and Income
- Indonesia Fitness Industry Size, FY’2011-FY’2015
- Indonesia Fitness Industry Segmentation - Fitness Services and Fitness Equipments, FY’2011-FY’2015
- Indonesia Fitness Services Market Size - By Revenue, Number of Fitness Centres, Number of Subscribers, Revenue of Personal Trainers and Number of Personal Trainers, FY’2011-FY’2015
- Indonesia Fitness Services Market Segmentation - Market Structure, City, Services Offered, Area and Subscription Charges, FY’2015
- Government Regulation in Indonesia Fitness Services Market
- Growth Drivers and Trends in Indonesia Fitness Services Market
- Challenges in Indonesia Fitness Services Market
- Market Share of Major Organized Players in Indonesia Fitness Services Market - By Revenues and Number of Fitness Centres, FY’2015
- Decision Making Process Before Selecting a Gym
- Company Profile of Major Organized Players in Indonesia Fitness Services Market
- Indonesia Fitness Services Future Outlook, FY’2016-FY’2020
- Indonesia Fitness Equipment Market Size, FY’2011-FY’2015
- Indonesia Fitness Equipment Market Segmentation - By End Users, Institutional Users, Type of Equipment, FY’2015
- Government Regulation in Indonesia Fitness Equipment Market
- Growth Drivers and Trends in Indonesia Equipment Services Market
- Issues and Challenges in Indonesia Fitness Equipment Market
- Company Profile of Major Organized Players in Indonesia Equipment Services Market
- Product Offering of Major Fitness Equipment Manufacturers
- Company Profile of Major Fitness Equipment Dealers
- Indonesia Fitness Services Equipment Outlook, FY’2016-FY’2020
- Indonesia Fitness Industry Outlook and Projections, FY’2016-FY’2020
- Franchise Model and Self Investment For Fitness Clubs
- Value Chain Analysis for Fitness Equipments
- Macro Economic Factors Affecting The Fitness Industry, FY’2010-FY’2020

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2016

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on