We have the concepts, the passion, the skills and we’ve done all the research. Now, we need a little green. But why invest in Steele Pilates? For starters, because we’re a part of the largest growing industry in the nation…
The Physical Activity Council Topline Report revealed that over 60% of Americans regularly participate in fitness sports as of 2012. This is the fifth consecutive year in which these numbers have remained stable at 60% or more, and shows the consistancy at which the fitness industry is growing on a participation level.
The U.S. Bureau of Labor Statistics suggests that the number of jobs within the fitness industry is also expected to increase by more than 23% over the next 10 years. For example, according to the Labor Department, there were 231,500 personal trainers in America as of 2011, a 44% increase in the numbers from 2001. According to their calculations, the number of people in these occupations is expected to increase by 31.7% by 2020.
The IHRSA (International Health, Racquet, and Sportsclub Association) also reported that the total revenue in the fitness industry reached $21.8 billion in 2012. This is a significant increase from the $20.3 billion made in 2010 by the industry. All in all, fitness is a profitable industry in the US and the numbers will only continue to rise.
Steele Pilates is not only limited to the booming expansion in the health and fitness markets, we are also exposed to the rapid growth in the Health Technologies industry. The global wearable electronics products market revenue is expected to grow roughly at a CAGR of 24.56% and cross $11.61 billion by the end of 2020. Technology giants Apple, Samsung, Google among others are entering the wearables market, putting their research dollars behind health tech.
There is no doubt that there are huge revenue opportunities for Steele Pilates products.
If you are interested in learning more about an opportunity to invest in Steele Pilates, please contact us…