The Forecast Looks Gray But Not Cloudy

Article Tools




Interact With Us



Best of 2011

Top Stories of 2011

The most popular stories of 2011. Did your favorites make our list?

View our Top 12 list here

Resource Center

Buyers Guide

Find industry businesses by product or service categories, view company profiles and more.

View our Buyers Guide

Club Industry Trade Show

Club Industry Show and Conference, held each October, is the premier event for fitness and wellness professionals. Find out more about Exhibitors, Events, and Education.

View our Trade Show

Industry Events & Trade Shows

The industry-wide calendar features listings for educational events, trade shows and more.

View our Events Calendar

Classifieds

View classified ads for health club equipment and services, plus business opportunities and job postings.

View Classifieds

Current Issue

Read stories from the latest print issue of Club Industry magazine.

View the Current Issue

E-Newsletter Signup

Breaking news on the industry, people on the move, mergers and acquisitions and much more. Delivered weekly.

Many who forecast future trends tend to step back, take a hard look at what is happening in their industries and then give their best assumption of what will take place based on the direction the industry, programs and manufacturers are going. This is called crystal balling it.

If you use this approach to forecast what will transpire in 2005, you probably will find your crystal ball a little gray. Why is that? Crystal balling it may have finally caught up with the hard numbers showing that the gray wave (as many call the older adult market) is finally changing the face of fitness. Let's examine the facts, and then you can look into your crystal ball to see how gray it is.

The landscape of the industry has changed and will continue to change in 2005 based on the following trends:

  • According to the numbers from IHRSA, “Among the adult population, there has been a perfect correlation between age and health club membership from 1987-2002; older age groups have reported increased growth rates.” Add to this the fact that “baby-boomers aged 35-54 now account for 12.4 million members or 37 percent of the total health club population. In absolute terms, their numbers have jumped by 143 percent since 1987 as a percentage of the population, and 19 out of every 100 people in this age group are health club members, up from only 9.5 in 1987.”

    IHRSA states that “Over the past 15 years, the defining characteristic of industry change has been the growth in the population of older health club members. In 2002, there were 6.9 million members over the age of 55, still representing an absolute increase of 350 percent over 1987.”

  • Franchise heaven: Another factor driving the mature market is a little club chain named Curves. Have you heard of them? Okay, maybe they are not so small anymore; they dominate the fitness landscape with one out of every four clubs being Curves (a total of 8,500 locations), according to a recent article from the Associated Press. Curves growth just so happens to coincide with the aging of the Baby Boomers, so it should come as no surprise that a market once thought to be a niche market, or a special population, is now the core member of Curves.

    Curves has shown that if you really make the product more accessible, less intimidating and if you meet the time restrictions of the market, then yes, you actually can attract the mature woman demographic.

  • Another area that is blending with the traditional market is the matching of eastern philosophies with western culture. The rise in programs such as Tai Chi and yoga will continue — as will the addition of other mind/body programming from meditation to walking in the outdoors. These programs help the mature population achieve balance.

  • With more than 125 million Americans having some form of chronic health condition, programming that addresses these conditions will continue to blend the medical side of the business into general fitness. We will see more programming based on these health conditions than before, i.e. arthritis, osteoporosis, diabetes, hypertension, depression.

  • You need look no further than the latest trade show to see the impact that the older adult is having on the industry — recumbent bikes with walk-through design; recumbent steppers now becoming a category; simple-to-use treadmills; strength equipment being designed to address the needs of the deconditioned and also specific health issues such as back pain. If you are not sure about this, take a close look at the next show you go to. This trend will only grow exponentially.

  • Over the past year there have been a growing number of HMOs and insurance providers (whether Blue Cross Blue Shield, Kaiser Permanente or Humana) that have offered incentives to get their client base of mature clients more active. This trend has contributed to the growth of companies such as HealthCare Dimensions, whose programs touch more than 1.35 million health plan members through partnerships with 24 health insurance providers and 600 fitness centers. This trend will continue to grow in 2005 as the battle to keep healthcare costs in line reigns supreme.

  • The final thing to watch for in 2005 is the true meaning of functional fitness. With an aging population seeking fitness to function, we will see more programming designed and based on the individual's level of function than to the masses.

These are only a few of the many ways in which the older adult market is changing the face of the industry. By adopting a more aggressive stance towards the mature population, you will find your business growing older more gracefully and profitably.


Colin Milner is chief executive officer of the International Council on Active Aging. An award-winning writer, Milner has authored more than 100 articles on aging-related issues. He can be reached at colinmilner@icaa.cc.

Want to use this article? Click here for options!
© 2012 Penton Media Inc.

Sponsored Content

Cardio and Strength Trends
Sponsored by Life Fitness

Core Strength Conditioning
Sponsored by The AB Coaster Company

Group Exercise
Sponsored by LesMills

Technology Resource Center
Sponsored by ABC Financial

Videos

1st Annual Fitness Industry Summit 2011: Introduction

Jay Del Vecchio, World Instructor Training Schools President and CEO

Star Trac 2012 Photo Shoot: Behind the Scenes

Making of Star Trac Lifestyle Images Video.

Elevation Series iPod Compatibility

Watch the newest informative video from Life Fitness.



More Video

E-Newsletter

Newsbeat

Delivered once a week, this timely e-newsletter features breaking news, people on the move, mergers and acquisitions, supplier news, industry trends and more.

Subscribe

Most Popular

Most Recent

Insights into what high-level club executives think about their business and industry trends.

View Executive Insights

Practical Internet strategies to help you build customer relationships, increase revenues and lower costs.

View Web Savvy

In This Issue: May 2012 View All Past Issues

Cover Story

The Business of Corporate Fitness

Focusing on the corporate fitness market can present a revenue opportunity.



View the full issue
| View the digital edition

Subscribe To Club Industry Magazine

In Print and Online

Subscribe today to get the news you need and information you want from our print or digital edition as well as in our e-newsletters.

Subscribe Today!