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” provides a comprehensive analysis of the fitness industry of UAE. 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.
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.
Analyzing the Direct Economic Impact
of Fitness Industry in UAE
The
UAE fitness Industry has expanded significantly over the last decade with
several fitness centre chains securing a key market foothold across the
country. It is characterized by a high proportion of part‐time employment with
majority of staff employed on a casual or part‐time basis. Boutique and medium
sized fitness centers dominate the sector, with more 70% of centers employing
fewer than 15 people in 2020.
Commercial Gyms: 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
Hotels/Resorts: Majority of the Luxury Hotels and Resorts in
the UAE have well-equipped gyms offering special memberships to the public.
Hotels are also collaborating with fitness centres to provide special trainings
thereby increasing member penetration and increasing employment.
Schools/Universities: 70%-80% of the Universities in UAE have well
equipped gyms either on campus or hostel for the students who aspire for
physical wellbeing thus promoting an active healthy lifestyle. Initiatives such
as Dubai Fitness Challenge are also encouraging students to take part in
activities and events
Residential Townships/Compounds: A number of large apartment buildings in the
UAE have a fitness center on their premises following the trend of combining
fitness and convenience. The closure of public gyms, fitness centers and clubs
since COVID 19 has led to an astounding demand for residential/community gyms.
Assessment of the Indirect Economic
Impact of Fitness Industry in UAE
The
fitness market has a ripple effect on other sectors such as fitness equipment
industry, construction, real estate, apparel and footwear and technology. With
growing population and presence of huge number of expat population, UAE is the
largest and potential markets for fitness equipment in the GCC region. It is
based on imports from international players of various countries such as USA
and China and distributed to various end users. Treadmill, Elliptical,
Stationary Bike, Rowing Machine are the bestselling equipments.
Assessment the Socio-Economic
Implications for Fitness Industry in UAE
UAE
has been facing many healthcare challenges such as Diabetes and Obesity due to
prevalence of unhealthy lifestyle with NCD’s accounting for 77% of all deaths
in the country. 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 UAE’s fitness centres is $9.8 Bn in a year. The
largest component of this saving arises from the avoided costs of
cardiovascular disease, which provides a saving of around $6.9 Mn in a year
along with increase in workforce participation and increase in workforce
productivity 28.3% and 45% respectively.
UAE Fitness Market Future Outlook and
Projections
The
fitness market in UAE is expected to experience double digit growth with
employment level expected to rise substantially with the growth of fitness
centres establishments along with increasing active members in the country.
Growing interest in fitness among the middle class along with the rise of
lower-cost alternatives such as Gym Nation, Metro Fitt, and Snap Fitness, is
expected to disrupt the industry. Focus towards digital classes and offering
group classes exercises which includes Pilates, Cross fits, Zumba, Aerobics,
Martial Arts and many others will be key to success for independent gyms.
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
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