A number of trends support continued growth in industry FUM. These include the growing savings of retail investors in developing countries, particularly those of Asia. Despite these favourable trends, industry growth will be held back early in the five years through 2016-17 by the subdued economic environment and ongoing turbulence across financial markets.
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Revenue race: Low-cost Gyms cause market shake-up
The growth of low-cost gyms will prove a significant threat to the established order as budget clubs undercut their rivals by as much as 70%. The entry of the no-frills budget gym is part of a global trend, and these businesses are expected to gain market share at the expense of mid-market fitness clubs.
Read the full report on IBIS (Oxford members only).
A bright future for renewable energy
The Renewable Energy industry in the UK is poised for strong growth over the next five years with continuing support from consumers and the government.
Read the full report on IBIS World (Oxford members only)
Getting better: Dispensing chemists revenue grows
There has been a marked increase in the number of NHS scripts dispensed over the past decade, a trend that is expected to continue over the next decade. In England, total dispensing volumes increased by 67% over the decade through 2009, with 886 million items dispensed in the community.
Moves towards healthier living and the prevention of disease, and community beliefs about the safety and effectiveness of taking pharmaceuticals and OTC products, affects the demand for industry products. In the next few years, it is anticipated that consumers will take an increasingly proactive approach to their general health and wellbeing.
Read the full post on IBIS (Oxford members only).
Caring less: high unemployment reduces demand for child day-care centres
The workforce participation rate of women with dependent children affects demand for childcare services. Since the 1960s – and more broadly, since the end of World War II – there has been a consistent increase in the number of women working and looking for work in the United Kingdom. Increasing female workforce participation tends to correlate very closely with two-income families, as historically most families have followed the traditional model of father as breadwinner. As this shift has occurred, there has been a growing realisation of the importance of providing childcare opportunities to parents in stimulating and sustaining economic growth.
Read the full report on IBIS (Oxford members only)
Not a cloud in the sky: future for cloud computing looking bright
This industry includes companies that host computing applications or data processing activities online. Computing and computer-based application data are stored in a cloud and accessed online. Data processing services provide specialised reports from information supplied by the clients. Services can range from automated data entry to the processing of that data.
Read the full report on IBIS (Oxford members only)
Increased popularity of alternative asset funds
New Market Research report on IbisWorld:
Managing success: Rising popularity in alternative asset funds helps drive growth
Has UK gym membership peaked at 17%?
17% of the adult population currently have gym membership but after almost a decade of expansion, the Gyms and Fitness Centres industry has hit a rut. Established gyms are competing with new low-cost entrants to the market.
Read the full report at IBISWorld (Oxford members only)