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Team 7 Health and Fitness Industry
IS714 Fall 2016 Antonio Jimenez – Akhay Phadke - Daniela Chita – Pedro Salgado – Xiao Yang – Zaraid Jimenez
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Description of the Sector
The fitness industry includes any person, company, or entity that focuses on exercise, health, and overall maintenance of the body. It may include gyms and fitness centers, fitness equipment companies, food and supplement companies, clothing companies, and sporting goods companies. The main goal of the fitness industry is to solve unhealthy lifestyle habits, such as sedentarism, stress, poor sleeping habits and poor nutrition habits. These companies are trying to solve overall mental, physical and social well-being.
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Key Statistics Market Size = $84B Past growth rate = 4.19%
Projected growth rate = 3.43%
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Major Players Gyms and fitness centers: Fitness Equipment companies:
Plant Fitness Town Sports International Holdings, Inc. Fitness Equipment companies: Brunswick Corporation Nautilus Inc. Gaiam Inc. Food and supplement companies: GNC Holdings, Inc Vitamin Shoppe, Inc. Nestle General Mills The Danone Company. Clothing companies: Nike Adidas Under Armour Sporting goods companies: Dick’s Sporting Goods Inc., Callaway Golf Company Vista Outdoor Inc. Performance Sports Group Ltd.
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Key Statistics Wearable growth is the highest - 20.3%
Fitness centers and Food and Supplement Sporting goods Wearables
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List of Companies Company Student 1 Kraft Heinz Company Zaraid Jimenez
Planet Fitness, Inc. Xiao Yang Fitbit Inc. Akshay Phadke Brunswick Corporation Antonio Jimenez Easton Baseball Inc. Pedro Salgado Under Armour Daniela Chita
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