China Weight Loss Services Market Size & Outlook, 2020-2027
China weight loss services market, 2016-2027 (US$M)
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China weight loss services market highlights
- The China weight loss services market generated a revenue of USD 455.3 million in 2020 and is expected to reach USD 1,049.2 million by 2027.
- The China market is expected to grow at a CAGR of 12.7% from 2021 to 2027.
- In terms of segment, fitness equipment was the largest revenue generating equipment in 2020.
- Fitness Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
Weight loss services market data book summary
| Market revenue in 2020 | USD 455.3 million |
| Market revenue in 2027 | USD 1,049.2 million |
| Growth rate | 12.7% (CAGR from 2020 to 2027) |
| Largest segment | Fitness equipment |
| Fastest growing segment | Fitness Equipment |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fitness Equipment, Surgical Equipment |
| Key market players worldwide | Atkins, Nutrisystem, Herbalife Ltd, Apollo Hospitals Enterprise, Johnson & Johnson, WW International Inc, WK Kellogg Co, Amer Sports Inc, Cynosure, Dr. Bernstein Diet & Health Clinics |
Other key industry trends
- In terms of revenue, China accounted for 3.3% of the global weight loss services market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China weight loss services market is projected to lead the regional market in terms of revenue in 2027.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 667.7 million by 2027.
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Weight Loss Services Market Scope
Weight Loss Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China weight loss services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to weight loss services market will help companies and investors design strategic landscapes.
Fitness equipment was the largest segment with a revenue share of 71.51% in 2020. Horizon Databook has segmented the China weight loss services market based on fitness equipment, surgical equipment covering the revenue growth of each sub-segment from 2016 to 2027.
China weight loss services market held a significant share in 2019, owing to the rising number of western fast food franchises, increasing number of people suffering from obesity, and various government initiatives being undertaken to address chronic diseases.
The Chinese government has launched Healthy China 2030 plan to tackle health-related issues, such as obesity, in the country.
Such factors are anticipated to create more opportunities for key players in the market.
Reasons to subscribe to China weight loss services market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China weight loss services market databook
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Our clientele includes a mix of weight loss services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China weight loss services market, including forecasts for subscribers. This country databook contains high-level insights into China weight loss services market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China weight loss services market size, by equipment, 2016-2027 (US$M)
China Weight Loss Services Market Share, 2020 & 2027 (US$M)
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