Yoga Movement and Move Repeat co-founders on the future of fitness in Asia

Globally, a 2021 report by Statista projected that the health and fitness market would grow annually by 7.7 percent between 2020 and 2024, with 2024 expected to see $96.6 billion in revenue.

This trend is reflected in Singapore, where the number of people using or subscribing to a gym membership is rising. In May 2022, the statutory board Sport Singapore highlighted to The Straits Times, the nation’s daily newspaper, that there had been a 6 percent increase in the number of people using its ActiveSG gyms compared to 2019. There was also a 16 percent increase in people taking part in activities, such as Zumba and yoga, at its ActiveSG Sport…