your password has been reset successfully, Please login again.

Gyms and Fitness Centers-India

Gyms are flourishing as Indians see a rise in disposable income and as lifestyles challenges youth in terms of lower immunity against diseases
BY Shrishti Rai
Feature Writer, BusinessEx
Sep 04,2017


The fitness retail industry stands at INR4,579 Cr, with a CAGR of 16-18% and is expected to surpass INR 7,000 crore by the end of 2017. On the other hand, Modern retail is estimated at 28 per cent of this total market and is predicted to grow at a CAGR of 22-27% according to an article by Iamwire. Gyms are flourishing as Indians see a rise in disposable income and as lifestyles challenges youth in terms of lower immunity against diseases. People from all age groups can be seen engaged in different types of exercising regimes. A wide increase in the number of diabetes and obesity cases has also accelerated the growth in the sector. Gym advertisements are everywhere you go, newspapers, flyers, roadside hoardings. These fitness places are extensively using social media platforms for reach out to more and more customers. This is important in order to make your gym popular amongst masses and increase health clubs and gym memberships. The gym is no more a luxurious service for Indians it is more of a need to lead a healthy life. Not only in metro cities but also in tier 2, 3 cities and also in smaller towns, people are opting for gyms and other fitness centres. The health fitness oriented generation desires to appear and feel good at any cost which is further pushing the growth in the sector.

Trends in the market

  • Rise in Gym franchise hybrid route- Many investors are entering in the sector by using the hybrid route and by buying franchises of successful and famous gyms like Talwalkar, Gold Gym etc.
  • The rise in female gym member- Almost 45percentage of the members of the gym are female taking fitness and gyming seriously. Various health problems namely osteoporosis, arthritis, depression reduction of bone density led women fitness very seriously. Breast cancer takes lives of many women and is the second most widespread kind of cancer in India.
  • Reign of the Unorganised sector- Almost 72% of the gym and fitness centres are run by the unorganised sector while the organised sector has a market share of just about 28%.
  • Adoption of Power Yoga and Strength Training- People are moving towards power yoga practice which increases flexibility, strength and stamina and strength training which makes one fitter, stronger and develops better body mechanics.
  • Adoption of diet plans- As we all know that a diet plays 70% of the role in weight loss and healthy living. Thus, we can see a movement of Indians toward healthy food options like salads and fruits.

Key Growth Drivers

  • Urbanisation- India is also going through an increasing rate of urbanisation with more and more number of Indians moving to the cities and towns for different reasons.
  • Rise in Disposable income-Given to the rising disposable incomes, there is seen a remarkable shift in the lifestyle and so in the gym industry where people are willing spending.
  • Large young population- Youth of the country is highly conscious about their looks and this makes them hit the gym and keep themselves in shape. It is also important in order to keep up with the ongoing fashion trends.
  • Self-awareness in terms of appearance- People of all age groups is now becoming conscious about their about their appearance. Be corporate workers or housewives, everyone wants to look presentable.
  • Increase in lifestyle diseases obesity- In recent time as the lifestyle of Indians has gone through a shift and still changing, lifestyle disease cases have grown manifolds. This includes diabetes and obesity; these virtually pushed Indian toward joining gyms and keeping healthy.
  • Industry free from economic slowdowns- This industry does not seem to be affected during the time of economic slowdowns or recessions as people are not likely to leave their fitness activities in any economic cycles.

Please add your Comment
SIMILAR Articles
February 19, 2018
An entrepreneur always finds it hard to get an investor on board in the initial stage so there are a ...More
By Akshay Arora
February 19, 2018
There are a lot of businesses on a boom now but these are the unique ones which are worth investing. ...More
By Akshay Arora
February 19, 2018
Running a business is a dream of many a people so make sure that you do it the right way by giving i ...More
By Akshay Arora
February 09, 2018
Small businesses are building up their own brand name with the help of social media. Let's see how s ...More
By Akshay Arora
February 06, 2018
Buying an established business means that you are one step ahead than the entrepreneurs who just sta ...More
By Akshay Arora
February 05, 2018
An entrepreneur seeks the support of a mentor in the time of need so it is better that you find the ...More
By Akshay Arora
February 01, 2018
Union Budget 2018 has revealed some policies that impact MSMEs, startups and investors which are hig ...More
By Akshay Arora
January 31, 2018
Let's see what experts have to say on this year budget expectations for startups and small businesse ...More
By Akshay Arora
January 30, 2018
Entrepreneur makes mistakes after raising funding which eventually affects startup performance. Here ...More
By Akshay Arora
January 29, 2018
Starting a business is not a child's play so it is essential that when entrepreneur exits from it he ...More
By Akshay Arora
January 24, 2018
Investing in a startup is the fastest way to get a good return. You wanted to know why then find out ...More
By Akshay Arora
January 23, 2018
Investing in the leisure and entertainment industry is a great opportunity that one should seek. If ...More
By Akshay Arora