An Upcoming Market Research Report On The Recreational Health & Fitness Market In China

This report includes total number health clubs

, total number of health club members and the number of health spa which are further categorized into Day Spa, Hotel Spa, Medical Spa and Destination Spa. The report includes the past trend of the two industries from 2005-2011 and the future projections for the next five years.

Over the period the China health club industry has grown at a phenomenal pace in the last 6 years (2005-2011) at a CAGR of 49.3% and had reached USD 1300-1350 million in 2011. The Spa industry has experienced significant growth over the period as affluence levels across the country increase, along with the increase in the product knowledge and awareness levels. China offers the brightest growth prospects for this market, owing to the rising middle class income as well as increasing health awareness.

Research Methodology Used:

Several statistical methods such Covariance, Correlation, Regression and Coefficient of Determination (R square) analysis are used to assess the industry performance and analyze the future outlook of the industry.

We also analyze several socio-economic, demographic, political, and regulatory market factors which directly or indirectly affect the industry performance by indicating their degree of impact in the cause and effect relationship between them. The reason for selected these macro-economic and industry factors are also explained.

The research team builds a multi factor regression model by first identifying the correlation (whether linear or non-linear) between the dependent and independent variables. After calculating the degree and strength of relationship between the variables, the regression model is used to calculate the sensitivity of each factor on the dependent variable. Finally, the expected value and sensitivity of the independent variable is used to determine the future value of dependent variable.

Data Collection Methods:

In terms of data collection, the report has used both primary and secondary data sources.

Secondary Data Sources: Secondary data sources includes the analysis of existing macro economic and demographic factors, obtained from national statistics of several countries and from magazines, journals and online articles The secondary data sources are used to form the initial perception and contention on several forces playing their role in determining the future growth in the industry.

Primary Data Sources: Structured interviews are conducted through telecon and emails with several industry veterans including major decision makers of companies operating in the sector, representatives of several associations and research institute and industry veterans. These interviews help the research team to authenticate the data collected from secondary data sources and to reject or accept the hypothesis regarding the future projections.

About AM Mindpower Solutions

AM Mindpower Solutions is a market research company which offers global industry market research analysis report and industry forecast. We have core expertise in evaluating several industries and verticals including pharmaceutical industry research report, insurance report, apparel industry report and healthcare marketing research report.

We also offer insight in mergers and acquisitions and Venture Capital & Private Equity Investment landscape pertaining to India across sectors such as Education, E-Commerce, Food & Beverages and Healthcare among others.

For more information on the upcoming publication please refer to the below mentioned link:

http://www.ammindpower.com/press-release.php?a=106

by: AM Mindpower Solutions

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