How Profitable is the Gym Business in India?
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Indian youth has been showing an extraordinary inclination towards gym and fitness centres. Inspired by Bollywood celebrities and cricketers too, millennials are going crazy with gym workouts. More than fitness, this obsession of joining a gym is also due to peer pressure, maintaining a level in the society, and so on. People love to upload posts related to gym workouts on various social media platforms. All these factors have led to a boom in the gym business in India.
Many fitness enthusiasts have turned their passion into a full-time career option. They have started seeing the potential in opening up gyms or becoming gym trainers. If we go by government statistics, there are considerable opportunities to start and enhance India gym business.
The Profitability of Gym Business in India
Disorganised
The gym sector is a messy, highly disorganised sector in India. It deserves to be more organised. Although the gym as a business has enormous scope in India, this is possible only when the private and government sectors work hand in hand to promote this budding industry.
Market Scenario
The fitness enthusiasts are anticipating a spike in the business in the fitness industry because of the growing cases of obesity and diabetes. Earlier, going to the gym was a thing of luxury. But now it has become a part of a healthy lifestyle. Not only millennials, their parents and relatives, too, have grown health conscious. Hence, the gym as a business has a high growth opportunity in India.
Market Status
- Business in the fitness industry: Rs 4,670 Cr.
- Growth percentage: 17%-19%
- Estimated growth in the near future: Rs. 7,000 Cr.
Golden Opportunities
Major fitness chains are grabbing the growing possibilities of expanding gym business in India. Because of the disorganisation in the Indian market, franchising in the fitness industry has become successful super soon. Many international franchises are entering the Indian market in order to create an extensive client base.
Also Read: How to Own a Gym?
Category of People Who Joins a Gym
- Their age group range usually from 20-50 years.
- 45% of the interested people are female.
- Millennials are highly interested in joining gyms and fitness centres.
International Fitness Franchise
Many international fitness franchises have entered the Indian market to reap the benefits of the growing gym industry in India. Plus Fitness, an award-winning Australian top franchise chain, has been creating revolutions in the Indian fitness market. Their goal is to make India a healthier country to live in. The world-class facilities, the latest gym equipment, 24x7 availability, and affordable fee structure make them a lucrative option for the fitness freaks all over India. They have clubs in Gujrat, Nashik, Pune, Maharashtra, Nagpur, and many more places.
If you are a fitness freak and love to sweat it out, then you must try the world-class facilities of Plus Fitness gyms. Their easy accessibility in a city near you makes Plus Fitness all the more attractive option. You will never be sorry about your decision of joining a Plus Fitness gym.
For Franchise Enquiry Click HERE
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