Biggest companies in the Nightclubs industry in the UK, Contains 10 to 20 pages of industry data, charts and tables, Concise analysis helps you unpack the numbers, Collection Period for Accounts Receivable (Days), Revenue to Closing Inventory (Inventory Turnover), Administration & Business Support Services, Professional, Scientific & Technical Services, Specialist Engineering, Infrastructure & Contractors, Water Supply; Sewerage, Waste Management and Remediation Activities, Market Size Statistics for Nightclubs in the UK. This percentage is also known as "return on investment" or "return on equity." Brixton in May will be my first Moz gig. This ratio is not very relevant for financial industries. The company acquired an alcohol licence six months ago and 20% of its customers are adults. Eight in ten adults polled said they feel relieved when having a night in and seeing friends posting pictures on social media of raucous, boozy gatherings. The 2018 UK Fitness Industry Report revealed that Pure Gym and GLL lead in terms of gym market share. Matt Walburn, brand and communications director of Currys PC World, said at the time: "The Great Indoors study recognises the fact that there comes a time when we appreciate our home comforts more than a hectic social life and it can often be a drag to play the social butterfly at parties and nights out. RM EEH7A8 - Tourists at a Seminyak Bali bar watching the sunset over the beach. Today, just 8% of Brits describe themselves as regular clubbers*, while 15% consider themselves occasional clubbers** and 12% describe themselves as infrequent clubbers***. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. And theyre 42% more likely than casual fans to post on social media at festivals. "Surprisingly, the overall average age is 39, though the age group most highly represented are 21- to 25-year-olds (18 percent), but very close second were those between 41 and 50 (17.5 percent). Well, we have some bad news for a few of our older readers. Ready to put on your glad rags and hit the town this weekend? Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers businesses, or your competitors businesses. Chances are, these super fans who drive your music festivals revenue have distinct demographic similarities. Whereas a few years ago, when the kids were all out binge drinking. Not only will they spend more on festival day, but theyll help spread the word and recruit new festival goers for you. Around 10.3 million people in the UK are members of Gyms. They say: The average reading age of the UK population is 9 years - that is, they have achieved the reading ability normally expected of a 9 year old. This figure represents the sum of two separate line items, which are added together and checked against a companys total assets. Rebecca McGrath, Research Analyst at Mintel, said: Fabrics recent closure, alongside other high profile closures in recent months, highlights the increased regulatory pressure faced by nightclubs, as well as the competition they face from late night bars and pubs. Breakdown of what festival goers expect to pay for a UK festival - 423.01: 103.66 on a . 1. The average age of gym-goers is steadily rising in the US. We found the average overnight trip of four nights had a total value of $605.05, with travel But that's okay, because the survey also found that 31 is the age when most people start staying in instead of going out, so I guess the whole thing about being "too old" to go clubbing won't even matter when you hit 37. Average Total Liabilities + Average Total Equity. The largest segment. Clubs that shut this year included Venus in Manchester and Undr and Proud Camden in London. Meanwhile Mintel forecasts yearly admissions figures will fall a further 14% by 2020 to reach just 99 million. The average age of an audience member in Paris is 45 48 for the opera, 43 for the ballet compared with 58 at the Metropolitan Opera and 54 at the Staatsoper in Berlin. Because it reflects the ability to finance current operations, working capital is a measure of the margin of protection for current creditors. Meanwhile, Mintel research shows the average cost of an e-bike has risen 25% since the start of the pandemic. UK Gym Membership Statistics. Sign up to our weekly email. data than referenced in the text. (Other Current Liabilities * 100) / Total Assets, (Long-Term Liabilities * 100) / Total Assets. I guess where I go attrcts younger people. Price proves much more of a barrier to male nightclub goers, as 50% of men say they are put off by expensive drinks, compared to 42% of women. 3. The hardcore festie attends an average of 5-6 music festivals per year, and is responsible for more than half of the total annual spend on festival tickets in North America. This ratio is a rough indication of a firms ability to service its current obligations. Young people in party cities across the UK will enjoy club nights this weekend There are over 200 clubbing events advertised on ticket selling platforms in cities such as London, Birmingham, Leeds . The See a Voice website has some excellent guidance on how to judge how 'readable' your document is, as well as some helpful stats on average reading age in the UK. Nearly half said evenings out were no longer their scene and a further 14 percent moaned about the unpredictable weather when hitting the town. Heres how hardcore festies compare to moderate and casual festies: Considering that our data indicates that the average fan attends 2.6 events per year, working to attract hardcore festies will offer a higher return on investment. Subscribe today to get the latest headlines straight to your inbox with our free email updates. The results of the survey concluded that 31 is the average age at which people tend to stop hitting the nightlife, and that it was considered 'tragic' to still be clubbing at 37. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Another research company, IbisWorld, said the market was contracting at a rate of almost 6% a year, with 25% of clubs closing in the past decade. 4. Our industry solutions combine the latest market intelligence, industry insights and expert recommendations to help you anticipate whats next. Mint, which has a huge cult following and hosts festivals, was unable to renew its licence this year due to comprehensive development in the area. A new study has found that golf club membership grew in the UK in 2020 - but, as a result of the COVID-19 lockdowns, the number of rounds played plummeted with the average age of club members . All generations have been spotted doing their rounds at the local gym, although some are more than others. Are you interested in testing our business solutions? With this IBISWorld Industry Research Report on , you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions. (RunRepeat) (Compare Camp) A long-suffering 13 percent of women said their feet hurt too much wearing high heels, so it just wasnt worth the effort. How Has Coronavirus Affected Gyms UK? Three off-duty Orlando . What is the growth rate of the Billboard & Sign Manufacturing industry in 2022? modern rock, classic rock, and pop. [Online]. Get full access to all features within our Business Solutions. Nuffield Health said 72-year-olds are their most frequent gym-goers, making an average of eight visits, while those in the 70-79 age bracket go 7.5 days a month on average. As of 2021, 10.3 million people held a gym membership, that is over 15% of the total UK population. In the last five years alone, revenue for nightclubs has declined 21%, down from 1.49 billion in 2010 to just 1.18 billion in 2015. Those aged 70-79 are the decade most frequently using the gyms at 7.5 days a month on average.**. *** Around once a year or more often but less often than once every three months. A gym in Dartford has reopened after being evacuated and forced to close due to a technical fault yesterday evening (February 27). It estimates there has been a 17% drop in the value of the clubbing market since 2013. No two markets are exactly alike. of US beauty consumers research ingredients to better understand the effectiveness of products. What's more, the market is set to experience further losses, as revenue is set to decline a further 16%, falling below the 1 billion mark to reach 982 million in 2020. When deciding whether to attend, theyre 1.5x more likely than casual fans to consider the festival producer or promoter. The Cause in Tottenham, located in a former mechanics depot, is using its bar revenue to try to raise money for mental health charities. Analysts said from the moment we turn 18 (the legal age) we are desperate to hit the dance floor in a club and dance the night away our love of the whirling nightlife only lasts a few years.. This percentage represents all claims against debtors arising from the sale of goods and services and any other miscellaneous claims with respect to non-trade transaction. We also publish your pictures and videos, so do message us with your stories. Wages from the bar and nightclub industry generate $4.82 billion in economic impacts each year. After a final New Years Eve blowout, Venus was turned into a gym. A long-suffering 13% of women said their feet hurt too much wearing high heels, so it just wasn't worth the effort. Games, food and even gyms are becoming more popular than hitting the dancefloor. A staggering 46% said they love nothing more than changing into comfortable clothes for a night-in - and 44% said they like to kick back and slouch on the sofa for hours on end. Meanwhile, 48% of men complain about expensive door entry, compared to 44% of women. Finally, across the country Londoners are twice as likely to say they are regular clubbers than average, as 16% of consumers living in the capital claim to be regular clubbers. Get fresh perspectives, new data and groundbreaking analysis into the markets that matter with Mintel Spotlight. In 1950, it was 23.9 years worldwide. Register in seconds and access exclusive features. In the last five years alone, revenue for nightclubs has declined 21%, down from 1.49 billion in 2010 to just 1.18 billion in 2015. Australia has nearly 4 million total gym members. She's a live music lover, a foodie, and a big fan of smiles. An estimated 200m has been wiped off the value of the UK nightclub scene in the past five years as partygoers desert the dancefloor in search of new pleasures.