Millennials are driving massive growth of boutique fitness
Racing to satisfy the growing demand for fitness services for the 75 million strong Millennial generation, fitness brands have continued to mold their businesses to be more personalized, community focused and experiential. The leading boutique fitness brands are flourishing as they meet the Millennials.
Senior health continues its expansion as Baby Boomers age
This continues to be largest growth opportunity in the country. The demand for senior health services continues to grow and will continue for the next 30 years as Baby Boomers are on the front end of their need for these services. Though the senior, in home care market is well established, new markets in senior housing and related services present new opportunities.
Hot housing market means home contracting continues to grow
We have seen continual growth in nearly all sectors related to housing over the past 3 years. As the economy has improved, home owners have continually invested in their houses – improving all elements of their residences. The franchise brands in this space have continued to gobble up market share through their strong brand recognition and world class operations.
Health & wellness moves to the forefront
More than ever in my lifetime, I am seeing a focus on personal wellness among my friends and family. We are clearly not alone as there is a growing consumer sentiment around healthy living. In the past year, I have seen 3 incredible franchise brands that are focused on personal wellness through nutrition and lifestyle management.
Baby Boomer fitness is catching its stride
Just because franchise brands have developed that are focused on the Millennial buyers, don’t think for a minute that the Baby Boomers are being left without a fitness home. In fact, we have seen in the past 12 months a growing focus on offering this massive base of customers with amazing new alternatives that are convenient, low impact and personalized to their needs.
If you want to see how these trends could help you build a great business, contact Chris Cynkar at 412-877-2000 or email@example.com.