Boutique Fitness Market Type (Men, Women) Industry Vertical (Gyms, Wellness Center, Hotel Industry, Corporate Office, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027
| A06362 | Pages: NA | Oct 2020 | 701 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Boutique Fitness Market
Request Now !Boutique fitness center is a small gym, which focuses on exercise in groups and is specific in one or two fitness areas. Boutique fitness is preferred by the millennials due to availability of experienced trainer, small batch size, and the environment of similar minded people. Meeting similar minded people with same goal,performing similar activities, and same routine enhances socialization, and creates an energetic atmosphere. These small gyms have small areas of (800- 3200 sq. ft) with promising atmosphere, energetic and experienced trainers, and motivating music, which makes people push their limits in exercise.Â
Market scope and structure analysis:
Report Metric | Details |
Market Size Available for Years | 2020–2027 |
Base Year Considered | 2019 |
Forecast Period | 2021–2027 |
Forecast Units | Value ($US) |
Segments Covered | Type, Industry Vertical, and Region |
Regions Covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA) |
Companies Covered | F45,SoulCycle,Peloton, Cyclebar,Flywheel Sports, Studio SWEAT, CycleCast,Fitness Within, CONBODY, Fitwall, Life Time Fitness, Exhale Spa, and Orangetheory Fitness |
Â
COVID-19 Scenario Analysis:Â
With the closure of all the social space, the gyms and fitness equipment manufacturers have seen a decline in the revenue. Almost all the subscription of gyms and fitness centres have been on hold and the cash inflow is still.Â
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers,and Impact Analysis
Surge in the subscription of boutique gyms is seen as the millennial of today are more attracted toward the aura, community, and atmosphere rather than the price paid. Along with the experienced trainers people find a positive atmosphere in the boutique fitness center.These factors drive the growth of the global boutique fitness market.Â
However because of small size these boutique gyms are expanding but once the market gets saturated boutique gyms will face cut-throat competitions and the subscription prices will fall. Contrarily, awareness among millennials about health, body shape,and the rise in standard of living offersgrowth potential for the market.
The global boutique fitness market trends are as follows:
New product launches to flourish the market
With digitalization new services have been launched by the key market players. They have taken necessary initiative to make the services through use of the internet. Barry’s launched a new service Live Stream at Home Class where they provide 5 different packages for different people.Â
These services are designed for first timers $20 for 2 class, and other 4 are daily, weekly, monthly, and private group training consisting of 5 member team who reach the clients house and provide training. Moreover, these boutique fitness centers offer discountswhen the services are subscribed for the first time and for the ones who opt for long duration.
Surge in hotelsindustry and corporate offices
The boutique fitness center owners are trying to enter new market as there will be varying demand once the number of boutiques operating increases. So, the market leaders have determined new industry where they can stretch the subscriptions. Exhale Spa has its 11 out of 27boutique fitness gyms inside hospitality chains, which make it easier for them to attract both segment customer. The local customers can reach the boutique any time and being inside a hotel enhances the tourist to use the boutique and earn hefty revenue. Also, some hotels include the service in their bundled package and charge a premium from the customers.
In addition, the boutiques provide classes at $20-$36 per day, which the tourist and first time visitors never regret to spend as it helps them to associate with a new community and different atmosphere. Corporate offices nowadays are looking toward employee welfare and are providing every type of fun activities, eatables, and other facilities that an employee needs, which makes it easy for the boutiques to join big corporate houses.
Key Segments Covered:
 Segments |     Sub-segments |
 Type |
|
 Industry Vertical |
|
Â
Key Benefits of the Report:
This study presents the analytical depiction of the global boutique fitness industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global boutique fitness market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global boutique fitness market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
The report provides a detailed global boutique fitness market analysis based on competitive intensity and how the competition will take shape in the coming years.Â
Questions Answered in the Boutique Fitness Market Research Report:
What are the leading market players active in the boutique fitness market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Boutique Fitness Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.