openPR Logo
Press release

The Brazil Fitness industry is Expected to Grow at a CAGR of 12.7% in the Future -Ken Research

05-03-2016 01:59 PM CET | Health & Medicine

Press release from: Ken Research Pvt Ltd

Brazil Fitness Centre Industry,

Brazil Fitness Centre Industry,

Brazil is the largest country across the South American regions by area and population. Brazil’s fitness industry comprises of fitness services and equipment market. Brazil features as the world’s second largest country in terms of the number of fitness centers and the tenth largest country in terms of revenues. The country has developed strong gym culture with the citizens becoming extremely conscious about their fitness. This has been the leading factor behind tremendous growth in the fitness industry in Brazil over the period 2009-2014. Furthermore, the rise in international sporting events being hosted in Brazil and the opportunity to capitalize on it has propelled the growth of fitness industry.
The fitness industry in Brazil has been segregated into two parts namely the fitness services and the fitness equipment market. The fitness services industry has always occupied a major share of the entire fitness industry in terms of revenue. The fitness centers provide the subscribers with a variety of plans to accommodate all the high and the medium income category subscribers.
The fitness services market in Brazil can be categorized by their concentration in the top cities. The fitness services have been always concentrated in the Urban and the Semi-Urban areas of the country. It has been estimated that during 2014, 96.6% of the fitness centers in the country were located in the top 8 cities of the country.
One trend in the industry is the change in demographics of those who use fitness centers – membership used to be concentrated fairly highly on the 18-34 range, but the popularity has spread out over all age groups and increased particularly amongst Brazilians over 50 and children and teenagers. Appealing to Brazilians’ aging demographic will be essential for gym franchises. One way to appeal to this audience is to add amenities such as health maintenance and monitoring like checks for blood sugar, blood pressure and bone density.
The major players in the fitness equipment market in Brazil comprises of both the domestic and imported equipment players. The imported brands available in the market are Life Fitness, Technogym and Matrix. A few other imported brands such as Precor, Supertech and Wellness are also present in the market however; their presence is limited. The superior brands such as Life Fitness and Technogym were used in the luxury gym facilities. The domestic brands occupied a larger share of the fitness equipment market than the foreign brands.
For more information on the market research report please refer to the below mentioned link:
https://www.kenresearch.com/healthcare/general-healthcare/brazil-fitness-industry-market-report/4917-91.html

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research is a Global aggregator and publisher of Market intelligence research reports, equity reports, data base directories and economy reports. The company is engaged in data analytics and aids clients in due-diligence, product expansion, plant setup, acquisition intelligence to all the other gamut of objectives through our research focus.

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Brazil Fitness industry is Expected to Grow at a CAGR of 12.7% in the Future -Ken Research here

News-ID: 338036 • Views:

More Releases from Ken Research Pvt Ltd

Increase in cybercrime results in India Digital Forensic Market to rise, with an expected CAGR of ~16% by 2028
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth. STORY OUTLINE Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics. Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security. With the incorporation of Cloud Based services, advanced methods and easy
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken Research
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19. STORY OUTLINE Launch of new policies, mergers, acquisitions and partnerships to propel growth in future Covid 19 has a huge impact on the health insurance market on Global level. Factors, which are responsible for the growth, are the higher
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19. STORY OUTLINE The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change. Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation
Unveiling the Thriving Landscape of UAE's IT Service Market
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services. STORY OUTLINE Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution. Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation. Security

All 5 Releases


More Releases for Brazil

Brazil Clinical Trials Market ANVISA Brazil Guidelines Brazil Clinical Trials Re …
Brazil Cancer Drugs Clinical Trials Insight 2024 Report Offering: • Brazil Clinical Trials Market Opportunity 2024 and 2030 (In US$ Billion) • Clinical Trials Regulatory Framework In Brazil • Total Number of Cancer Drugs In Clinical Trials In Brazil • Total Number Of Cancer Drugs Approved In Brazil • 400 Pages Clinical Trials Insight On All Cancer Drugs In Clinical Trials By Company, Indication and Phase • 80 Pages Clinical Insight On All Cancer Drugs Approved in Market By Company and Indication • Insight
South East Brazil growing with major share in the Brazil Professional Hair Care …
In the Report “Brazil Professional Hair Care Market: By Categories (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & By Company - (2018-2023)“ published by IndustryARC, the market is driven by the growing awareness of special functionalities of products, boosting the sales of treatment and hair conditioning market. South East Brazil growing with major share in the Brazil Professional Hair Care Market The Northern
ATM Machine Market is Booming (18% CAGR)| NCR Brazil, Diebold Brazil, Wincor Nix …
HTF MI recently introduced ATM Machine Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Itautec S/A, NCR Brazil, Diebold Brazil, Wincor Nixdorf Brazil,
Brazil: Country Intelligence Report 2018 By Claro, Sky Brazil, Oi, Vivo, TIM Bra …
"Brazil: Country Intelligence Report", by GlobalData provides an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, and mobile, as well as a review of key regulatory trends.
Agrochemicals Market in Brazil
ReportsWorldwide has announced the addition of a new report title Brazil: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Brazil: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
ATM Machine Market in Brazil 2015-2019: Competitive analysis of key vendors, inc …
Albany, NY, Feb 23, 2017: This report segments the ATM machine market in Brazil by revenue generated and the unit shipment. It also includes the competitive analysis of key vendors, including Itautec S/A, NCR Brazil, Diebold Brazil and Wincor Nixdorf Brazil. Market scope of the ATM machine market in Brazil Technavios market research analyst predict that the ATM machine market in Brazil will continue to grow at CAGR of 18.72%. The key