The Pharmaceutical Industry in United Kingdom
- DOI
- 10.2991/978-94-6463-742-7_7How to use a DOI?
- Keywords
- COVID-19; PESTEL; jobs; economic growth; carbon emissions
- Abstract
The health and fitness industry in the UK includes more than 7,200 clubs with a total membership of more than 10 million. However, the COVID-19 pandemic that swept the world in 2020 has had a major impact on the industry, with many gyms required to close due to policies. Despite the rapid growth of the industry market size before the pandemic, the UK fitness industry is now in the stage of economic recovery. Through PESTEL analysis, Porter’s Five Forces model and corporate social responsibility (CSR) assessment, this paper discusses the external environment and internal competition factors that affect the development of the industry. According to the PESTEL analysis, government policy support, consumer demand growth and technological innovation have promoted the recovery of the industry, while green fitness programs have improved sustainable development capabilities. Porter’s Five Forces model shows that the threat of new entrants and substitutes is high and competition is fierce, but brand differentiation and innovation help companies maintain their advantage. In terms of corporate social responsibility, the industry promotes jobs and economic growth and actively reduces carbon emissions. Despite the challenges, the fitness industry shows the potential for continuous development through technological and service innovations.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yunqi Hu PY - 2025 DA - 2025/05/31 TI - The Pharmaceutical Industry in United Kingdom BT - Proceedings of the 2025 4th International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2025) PB - Atlantis Press SP - 56 EP - 64 SN - 1951-6851 UR - https://doi.org/10.2991/978-94-6463-742-7_7 DO - 10.2991/978-94-6463-742-7_7 ID - Hu2025 ER -