A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy.
High Obese and Obesity Rate: Increase in membership rate in UAE
fitness centers due to the prevalence of high obese population and obesity rate
(Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the
market.
Growth of Ladies Fitness Center: Opening up of ladies dedicated
gyms such as Fitness terminal with female professional trainers to guide
woman's pursuing exercises has created new segment and increased the female
memberships in the country.
Increase in Hotel Centric Fitness Centres: Hotels in
UAE are collaborating with fitness centres to provide special trainings thereby
increasing member penetration and increasing employment. For example, Dubai
hotel group Jumeirah partnered with Embody Fitness to create The J Club, a
lifestyle and wellness facility which boasts state-of-the-art amenities for
body and mind.
Adoption of At- Home Fitness: Sedentary lifestyles and hectic
schedules along with COVID19 Outbreak have led to the adoption of in-home
fitness equipment. Majority of the sales growth for Matrix Fitness, i.e., 85.0%
of overall sales growth is driven by home gyms during COVID 19 outbreak.
Government Initiatives: Initiatives such as Dubai Fitness
Challenge are also encouraging students to take part in activities and events.
For example, More than 620,000 students from 600 schools in the UAE have taken
part on the Dubai Fitness Challenge (DFC) organized in 2020
The report titled “UAE Fitness Services Market Outlook to 2025F (Second
Edition) – Driven by increasing health concerns resulting in addition of number
of health clubs and gyms in the country” by Ken Research suggested
that the fitness market is further expected to grow in the near future owing to
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 market is expected
to register a positive five year CAGR of 10.9% in terms of revenue during the
forecast period 2020-2025F.
Key Segments Covered in UAE Fitness Market
Direct Economic Impact of Fitness
Centres
Overview
of Commercial Gyms in UAE 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
UAE
Fitness Equipment Industry Market Size
Evaluation
of Premiumization on Real Estate Sector
Estimated
Cost of Constructing a Fitness Centre
Technological
Disruptions for Fitness Centres in UAE
Key Target Audience
Fitness
Equipment Manufacturers
Fitness
Equipment Distributors
Fitness
Centres
Government
Organizations
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2020–2025
Key Topics Covered in the Report
Socio-Economic
Landscape of UAE
Direct
and Indirect Economic Impact of Fitness Industry in UAE
Overview
of Commercial Gyms in UAE Health and Fitness Market
Snapshot
of Digital Fitness Market in UAE
Assessment
of the Indirect Economic Impact of Fitness Industry in UAE
UAE
Fitness Equipment Industry Market Size
Evaluation
of Premiumization on Real Estate Sector
Technological
Disruptions for Fitness Centres in UAE
Assessment
of the Indirect Economic Impact of Fitness Industry in UAE
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 the UAE
Future
Outlook and Projections for UAE Fitness Services Market
White
space and Opportunities existing in the UAE Fitness Services Market
Research
Methodology
For More Information on the Research
Report, refer to below links: -
Fitness
Services Market In UAE
Related Reports by Ken Research
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
Follow Us
No comments:
Post a Comment