INDUSTRY CLASSIFICATION

Industry Classification

Industry Classification

Classify each one as

(a) appearing, (b) rapid-growth, (c) mature/slow-growth, (d) stagnant/declining, or (e) high-velocity/turbulent, and (f) fragmented.

(1) Exercise and fitness industry (emerging)

Even in the midst of the financial worsening, the industry has sustained stable development, with members rates growing consistently and earnings remaining solid. Demand for gyms and health and fitness associations will continue to increase over the next five years, as the general public becomes more wellbeing conscious and the aging population places a greater worth on residing fit.

(2) Dry cleaning industry (mature/slow-growth)

Previous years have seen this mature industry's presentation shrink and the ...