Executive Summary
The report titled “MENA
Fitness Services Market Outlook to 2025F– Driven
by increasing health concerns resulting in addition of number of health clubs
and gyms in the country” provides a comprehensive analysis of the
fitness industry of MENA. The report covers various aspects including the
Market Size, Current Penetration, Total Number of Establishment, Total Number
of Active Members, Direct Economic Impact and Indirect Economic Impact,
Socio Economic Implications, Consumer Preferences and Trends Analysis,
Major Trends and Development, Government Initiatives and COVID Impact. The
report concludes with market projections for future of the industry including
forecasted industry size by revenue.
MENA Fitness
Services Market
Strong growth of 18.1% CAGR with a
considerable expansion in the number of boutique and budget fitness centers
directly contributing to the economy to drive market growth. Millennials and
Gen Z make up the larger proportion of doing fitness class activities and are
motivated by workout experiences that deliver on Balance, Routine and
Prevention. Even with considerable growth, the MENA Fitness market is still
relatively immature compared to other countries such as UK and UK with just
1.4% of the population participating in Fitness Centres. The MENA fitness
market is undergoing transformation and disruption with Saudi Arabia and Israel
being the two largest fitness markets contributing more than 50.0% of the
Revenues for 2020. In this region, Turkey has the largest market in terms of
revenue and Qatar has the greatest penetration rate.
KSA Fitness
Services Market
KSA Fitness Services Market is
under-penetrated market with less than ~% of the population actively
participating in a fitness centres. Substantial increase in health problems
since the past decade including diabetes, obesity, hypertension and others has
increased the demand for fitness services in KSA. Owing to this spur in demand
for fitness services, major fitness chains and gyms have been expanding their
presence throughout Saudi Arabia market. Other major multinational fitness
service providers such as Gold’s Gym and Curves have been taking the franchisee
route to enter the Saudi Arabia market. Growing youth population in the
country, along with ease in laws for women has benefitted the market. Majority
of the fitness centres in KSA are clustered in prime locations such as Riyadh,
Jeddah and Damman. The growing number of women-only gyms in the kingdom are
reporting a booming business after grant of Licenses with Few popular Ladies only
gyms such as NuYu, Sukoun Wellness, Glowfit, Kinetico and more.
Israel
Fitness Services Market
Israel is a leading fitness and
wellness destination with abundance of wellness retreats, spa breaks, and boot
camps offering in a fitness centers with state of the art equipment. Growing
awareness regarding balanced lifestyle, access to low cost budget fitness
centers and growth of well equipped gyms with state-of the art equipment are
fueling the market growth. Opening up of ladies dedicated gyms such as Fitwell
Ladies Fitness Centers with female professional trainers to guide woman's
pursuing exercises has created new segment and increased the female memberships
in the country. Independent gyms and fitness centers focusing on health &
fitness of the customers contributed majority of the market revenue. Major
fitness chains such as Lunge Studio and Sky Gym offers a variety of
services such as measuring the percentage of fat, muscle mass, abdominal fat,
weekly weighing and more and accordingly composes the training and menu for an
individual.
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Egypt
Fitness Services Market
Egypt Fitness Services Market is
a largely under-penetrated market with less than ~% of the population actively
participating in a Fitness Centres. Rising disposable income accompanied with
improvement in infrastructure pertaining to fitness centres are fueling the
market growth. Tech-enabled high-end fitness offerings, usually backed by
strong social media credentials and cult following along with budget fitness
chains are expanding in Egypt. Entry of major fitness chains such as UFC,
Science gym, Be Fit 360, Gold’s Gym are providing more attentive and
personalized services focusing on specialized offerings to differentiate
themselves and strengthen their competitiveness.
UAE Fitness
Services Market
The fitness market in UAE has
witnessed strong growth with a considerable expansion in the number of boutique
and budget fitness centers directly contributing to the economy. Growing health
conscious population, increasing disposable income, rising awareness regarding
obesity and to overcome health issues such as diabetes, hypertension and
cardiovascular diseases has been the major key factors which drives the demand
for fitness services centers in UAE. The rise of female-only fitness centres,
online fitness apps along with growth in boutique gyms are driving the
commercial fitness market in the country. Disruptors, such as Gym Nation with
their low-cost and big facilities along with aggregators, such as ClassPass
offering classes in more than 140 gyms across the city for a set monthly fee
instead of annual memberships is dramatically increasing member penetration.
Turkey
Fitness Services Market
Robust growth in the Turkey
Fitness Industry has been driven by increasing health concerns and awareness
among the population along with strong growth in digital offerings directly
contributing to the economy. The shift of the millennial generation to
healthier lifestyle along with increasing disposable income and to overcome
health issues such as diabetes and cardiovascular diseases has brought the
importance of physical exercise to the fore driving the demand for fitness
centers over the last decade. Majority of the fitness centres in Turkey
are clustered in prime locations near Istanbul and Ankara. Istanbul alone has
~400 small and medium-size fitness clubs, 25% of which were opened within the
last one or two years. The increasing number of integrated services offered by
the fitness centers such as Aero boxing, Zumba, Martial arts, swimming and
others to the customers has intensified the demand for these services in the
country.
Algeria
Fitness Services Market
The fitness market in Algeria is
an underpenetrated market with one of the lowest penetration rate in the MENA
market. Rising awareness about health risks of a sedentary lifestyle and
adoption of tech innovations for connectivity and inventive training approaches
are fueling the market growth . The participation of women is on the rise as
trainers, fitness influencers, and entrepreneurs in fitness industry, thereby
increasing the female memberships and employment. Entry of major fitness chains
such as Anytime Fitness and ENERGYM are providing more attentive and
personalized services focusing on specialized offerings to differentiate
themselves and strengthen their competitiveness.
Morocco
Fitness Services Market
The fitness market in Morocco is
an underpenetrated market with less than 15 of the population being an active
member of fitness centers. However, fitness centers along with health &
wellness trend in Morocco is gathering pace as more consumers have been made to
question their overall health due to sedentary lifestyle. Growing youth
population belongsing to the age group 15-54 years along with increasing health
risks awareness amongst the population and evolving business model of fitness
centers are fueling the market growth . Fitness brands are actively optimizing
their business models, integrating behavioral science into health and fitness
through personal and group sessions encouraging clients to focus on their
fitness goals. An increasing number of yoga studios have also been opened in
Morocco, accompanied by international yoga events held across the country.
Majority of the fitness centres in Morocco are clustered in prime locations
such as Casablanca, Marrakesh and Rabat.
Oman Fitness
Services Market
Oman fitness market contributes
0.2% of the GDP facilated by new foreign players and regional expansion of the
fitness clubs, gyms and centers. The expansion spreads across various systems
like presence of gyms in universities, schools and hotels as well as across the
major cities of the country. The market is currently placed in growth stage
with strong possibility for further development at a faster pace with positive
trends expected in the industry. Future growth is driven by increase in the
average number of members involved and active members. Entry of major fitness
chains such as Horizon fitness followed by Flex fitness and Gold’s Gym are
providing more attentive and personalized services focusing on specialized
offerings to differentiate themselves and strengthen their competitiveness.
Qatar
Fitness Service Market
The fitness market in Qatar has
witnessed strong growth with a considerable expansion in the number of boutique
and budget fitness centers directly contributing to the economy. Rise in
Personal Disposable Income, High Rates of Obesity, Rising Awareness about
Health & Fitness , Increased Investment in Ladies Fitness Centres,
Government Initiatives and to overcome health issues such as diabetes and
cancer has been the major key factors which drives the demand for fitness
services centers in Qatar. Commercial Gyms generated more than 85.0% revenue in
Qatar Fitness Market and is expected to grow 11.9% CAGR during the forecasted
year
Key Segments
Covered in MENA Fitness Market
- Direct Economic Impact of Fitness Centres
- Overview of Commercial Gyms in MENA
Health and Fitness Market
- Overview of Fitness Centres in Hotels and
Resorts
- Overview of Fitness Centres in Schools and
Universities
- Overview of Fitness Centres in Residential
Townships/Compounds
- Overview of Fitness Centres in Hospitals
- Overview of Fitness Centres in Sports Clubs
and Govt. Organizations
- Indirect Economic Impact of Fitness Centres
- MENA Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate
Sector
- Estimated Cost of Constructing a Fitness
Centre
Key Target
Audience
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
- Real Estate Consultants
- Fitness Association.
Time Period
Captured in the Report:
- Historical Period: 2015-2020
- Forecast Period: 2020–2025
Key Topics
Covered in the Report
- Socio-Economic Landscape of MENA
- Direct and Indirect Economic Impact of Fitness
Industry in MENA
- Overview of Commercial Gyms in MENA Health and
Fitness Market
- Snapshot of Digital Fitness Market in MENA
- Assessment of the Indirect Economic Impact of
Fitness Industry in MENA
- MENA Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate
Sector
- Assessment of the Indirect Economic Impact of
Fitness Industry in MENA
- Overview of Healthcare Scenario/Health
Statistics
- Potential Health Implications and Health Cost
Reductions
- Customer Mindset for Fitness Services
- Impact of COVID 19 on Fitness Industry in MENA
- Future Outlook and Projections for MENA
Fitness Services Market
- White space and Opportunities existing in the
MENA Fitness Services Market
- Research Methodology
For more
information on the research report, refer to below link:
MENA
Fitness Services Market Research Report
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