The report titled “Israel Fitness Services Market Outlook to 2025 – Driven by Growing Awareness for a Balanced Lifestyle along with the Addition of State-of-the-Art Gyms in the country” provides a comprehensive analysis of the fitness industry of Israel. 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, Technological Disruptions, 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.
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 fuelling the market growth. Opening up of ladies dedicated gyms such as Fit well 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.
Analyzing the Direct Economic Impact of Fitness Industry in Israel
With an increasing awareness of the importance of a balanced lifestyle and traction gained for healthier food and wellness, Israel fitness industry is experiencing double digit growth in the last few years. Robust growth in the fitness Industry along with growth in digital offerings has triggered the demand for personal trainers over the past few years. Majority of the fitness centres in Israel are clustered in prime locations near Jerusalem and Tel Aviv targeting high class consumers with increased per capita spending in these cities.
Commercial Gyms: 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.
Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDc5MDM0
Hotels/Resorts: The increase in number of star hotels with a well-equipped gym and professional trainers has accelerated the size of hotel based fitness centres. A growing number of hotel chains are providing 360-degree wellness complemented by an innovative variety of fitness classes such as Yoga/Zumba and Gym or HIIT and membership plans.
Schools/Universities: 80%-90% of the Universities in Israel have well equipped gyms in their campuses/hostels and charge a membership of USD 10-15 per month separately. The gyms are usually equipped with Cardiovascular Fitness Equipment’s (Treadmills & Elliptical machines), Strength Training Equipment (Free weight and weight machines, Resistance machines, Kettle bells & others).
Residential Townships/Compounds: Few of the Fitness Centres in Residential Compounds and Townships have fitness centers in Israel accommodating a wide range of equipment giving users a level of variety in their workout. Middle class working population along with non-working women/homemakers prefer to go to residential gyms owing to convenience and free access to the amenities and equipment’s provided by the fitness centres.
Assessment of the Indirect Economic Impact of Fitness Industry in Israel
The fitness market has a ripple effect on other sectors such as fitness equipment industry, construction, real estate, apparel and footwear and technology. Sedentary lifestyles and hectic schedules along with COVID-19 Outbreak has resulted a spike in the number of people working out from homes to avoid getting infected, thus fuelling the adoption of in-home fitness equipment. Elliptical Machines, Fitness Machine, Exercise Equipment, Treadmill & Cardio Equipment are the bestselling equipment’s in Israel Fitness Equipment Market.
Assessment the Socio-Economic Implications for Fitness Industry in Israel
The exercise services provided through fitness centres provide preventative health benefits to customers, essentially reducing the incidence of chronic diseases attributable to physical inactivity. Assuming a significant percentage of the population affected with lifestyle diseases goes to a fitness centre, the estimated savings in direct health care costs from Israel’s fitness centres is high in the country. The largest component of this saving arises from the avoided costs of cardiovascular disease in a year along with increase in workforce participation and increase in workforce productivity.
Israel Fitness Market Future Outlook and Projections
Growth in the Fitness Industry will be triggered by a 10.0 % increase in the number of clubs across the country driving a total increase in members by 14.8% and contributing 0.33% to GDP. High Tourist Influx for luxury services will encourage Hotels & Compounds to incorporate fitness centres in their properties and expand their offerings. Steady increase in demand of certified personal trainers along with advancement of technologies adopted by majority of the fitness center and rising awareness among people about their health will intensify the number of subscribers.
Key Segments Covered in Israel Fitness Market
Direct Economic Impact of Fitness Centres
Overview of Commercial Gyms in Israel 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
Israel 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
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2021–2025
Key Topics Covered in the Report
Socio-Economic Landscape of Israel
Direct and Indirect Economic Impact of Fitness Industry in Israel
Overview of Commercial Gyms in Israel Health and Fitness Market
Snapshot of Digital Fitness Market in Israel
Assessment of the Indirect Economic Impact of Fitness Industry in Israel
Israel Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Assessment of the Indirect Economic Impact of Fitness Industry in Israel
Overview of Healthcare Scenario/Health Statistics
Potential Health Implications and Health Cost Reductions
Customer Mind set for Fitness Services
Impact of COVID 19 on Fitness Industry in the Israel
Future Outlook and Projections for Israel Fitness Services Market
White space and Opportunities existing in the Israel Fitness Services Market
Research Methodology
For More Information on the Research Report, refer to below link:
Israel Fitness Services Market Research Report 2025
Related Reports by Ken Research
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
No comments:
Post a Comment