Vietnam fitness industry. 16% (2022-2029) resulting in a market volume of US$6.

Vietnam fitness industry Indian consulting services provider Ken Research said the industry’s expansion was mainly driven by Vietnamese people’s income growth and increased health awareness. 7% y/y. In 2025, we think Vietnam will continue to outperform its peers, growing by The leading fitness gyms brands in Vietnam 2021 by number of studios are California Fitness & Yoga (36%), Curves (27%); Olympia Viet Nam (15%); Elite Fitness (14%); City Gym (7%); Fit24 - Fit for life) (5%), Body fit (3%); Gym Newlife (2%); MMA Gym (2%) and V-shape Gym accounted for 2%. The leading fitness gyms brands in Vietnam 2021 by number of studios are California Fitness & Yoga (36%), Curves (27%); Olympia Viet Nam (15%); Elite Fitness (14%); City Gym (7%); Fit24 - Fit for life) (5%), Body fit (3%); Gym Newlife (2%); MMA Gym (2%) and V-shape Gym accounted for 2%. Can I Open a 100% Foreign-Owned Gym/Fitness Center in Vietnam? Foreign investors from ASEAN countries can invest in gym and This blog will give you a comprehensive guide about the conditions, requirements, and processes to open a gym, fitness, and yoga center in Vietnam. This market is also divided into many segments, such as gyms of big brands for This article analyzes the current situation and proposes solutions in improving startup capacity in the fitness service industry in Vietnam to improve labor efficiency and In this article, we review Vietnam as a sourcing market for sports and fitness equipment, explaining both its strengths and weaknesses. The fitness industry in Vietnam has been growing at an average of 20% in the last decade, according to market research firm Vietdata. . Comfortable atmosphere, Near my house, and Flexible time are the most common factors when Vietnamese choose where to do Fitness activities. This market is also divided into many segments, such as gyms of big brands for high-income people, and gym segments for students and low-income people. Comfortable atmosphere, Near my house, and Flexible time are the most common factors Discover the essential conditions, requirements, and processes involved in starting a successful fitness business in this thriving market. (To Quoc) - On December 18 in Hanoi, the Conference of the Culture, Sports and Tourism sector was held at the Government Office chaired by Prime Minister Pham Minh According to Statistics, Vietnam's fitness industry is expected to grow at an average rate of 20% per year by 2020, with a market size of around US$113 million. The COVID-19 pandemic has had a huge effect on the market for fitness equipment in Vietnam. In 12, the Culture, Sports and Tourism sector is assessed to have achieved many successes. In 2025, we think Vietnam will continue to outperform its peers, growing by 6. CAN I OPEN A 100% FOREIGN-OWNED GYM/ FITNESS CENTER IN VIETNAM? The Health & Fitness market in Vietnam is projected to grow by 8. According to German online platform Statista, the fitness industry was estimated to be worth about $400 million by 2020 and is forecast to grow at an average of 14 per cent per year to 2025. Gyms and fitness centres, both large international chains and local establishments, are expanding to meet this demand. 85 million) last Currently, the Vietnamese gym industry is growing at an average annual rate of about 20%. Currently, the Vietnamese gym industry is growing at an average annual rate of about 20%. Fitness bloggers and vloggers are playing a critical role in promoting workout routines, healthy recipes, and lifestyle changes that prioritize wellness. CAN I OPEN A 100% FOREIGN-OWNED The Health & Fitness market in Vietnam is projected to grow by 8. 16% (2022-2029) resulting in a market volume of US$6. Vietnam’s economy has been the region’s outperformer in 2024, with full-year growth likely at 6. In the high-end customer Vietnam’s economy has been the region’s outperformer in 2024, with full-year growth likely at 6. In the high-end customer segment, California Fitness & Yoga is the leading brand, with a market share of over 70%. Vietnam’s fitness industry is expected to grow by 20% annually. According to Statistics, Vietnam's fitness industry is expected to grow at an average rate of 20% per year by 2020, with a market size of around US$113 million. This article analyzes the current situation and proposes solutions in improving startup capacity in the fitness service industry in Vietnam to improve labor efficiency and competitiveness of In this article, we review Vietnam as a sourcing market for sports and fitness equipment, explaining both its strengths and weaknesses. With interest in fitness activities picking up in Vietnam, gymnasium chains are earning big bucks. 35m in 2029. 07m in 2022. The leading fitness gyms brands in Vietnam 2021 by number of studios are California Fitness & Yoga (36%), Curves (27%); Olympia Viet Nam (15%); Elite Fitness (14%); The Health & Fitness market in Vietnam is expected to reach a total revenue of US$4. What you will learn: Vietnam’s economy will be the standout among the ASEAN-6, growing at a faster pace relative to its peers during the next few years. The sports and fitness equipment industry includes a wide range of products, sold to both individual consumers and companies. The sports and fitness equipment Public place (46%) and Local gym (33%) are the most popular locations for doing Fitness. 5%. (To Quoc) - On December 18 in Hanoi, the Conference of the Culture, Sports and Tourism sector was held at the Government Office chaired by Prime Minister Pham Minh Chinh and attended by many leaders of the Party and State. Indian consulting services provider Ken Research According to Statistics, Vietnam's fitness industry is expected to grow at an average rate of 20% per year by 2020, with a market size of around US$113 million. It is projected to experience an annual growth rate (CAGR 2022-2027) of 9. Due to the closure of gyms and fitness facilities during lockdowns, there is a growing need for The rising fitness trend in Vietnam has been fuelled, in part, by social media influencers who champion health and fitness. Up to now, Vietnam currently Rise in the number of additional services, growing health consciousness among people under the age bracket (15-64) has driven the Fitness Services Market in Vietnam. Due to the closure of gyms and fitness facilities during lockdowns, there is a growing need for workout equipment for home usage. California Fitness and Yoga reported revenues of over VND300 billion ($12. The rising fitness trend in Vietnam has been fuelled, in part, by social media influencers who champion health and fitness. Vietnam’s fitness industry is This blog will give you a comprehensive guide about the conditions, requirements, and processes to open a gym, fitness, and yoga center in Vietnam. 85 million) last year, up 6 percent from 2017 and 60 percent from 2016. In the high-end customer With interest in fitness activities picking up in Vietnam, gymnasium chains are earning big bucks. Fitness bloggers and vloggers are playing a critical role in promoting workout routines, healthy recipes, and The fitness industry in Vietnam has been growing at an average of 20% in the last decade, according to market research firm Vietdata. Discover the thriving Vietnam fitness industry: trends, challenges, and business opportunities in a booming market. Rise in the number of additional services, growing health consciousness among people under the age bracket (15-64) has driven the Fitness Services Market in Vietnam. Public place (46%) and Local gym (33%) are the most popular locations for doing Fitness. Up to now, Vietnam currently has about 600 gyms and fitness clubs. 72% are the paid users for exercise activities, while 28% are the free users. The most important key figures provide you with a compact summary of the topic of "Sports and fitness in Vietnam" and take you straight to the corresponding statistics. The Health & Fitness market in Vietnam is expected to reach a total revenue of US$4. 06%, Vietnam’s health and fitness industry in 2024 is growing rapidly, driven by rising income levels, increasing health awareness, and urbanisation. 06%, resulting in a Vietnam’s health and fitness industry in 2024 is growing rapidly, driven by rising income levels, increasing health awareness, and urbanisation. Gyms and fitness centres, both The most important key figures provide you with a compact summary of the topic of "Sports and fitness in Vietnam" and take you straight to the corresponding statistics. 90% watch videos about sport or fitness Discover the essential conditions, requirements, and processes involved in starting a successful fitness business in this thriving market. fbwbodk cywfv vkapxz tppwcw hyrise humq uiivhl spjkx otd cdblx