Thursday, December 30, 2021

MENA (Egypt, UAE, Turkey and Algeria) Health and Fitness Services Market 2021 Upcoming Trends, Industry Size, Demand and Forecast Research Report to 2025: Ken Research

Egypt Fitness Services Market

Egypt Health and Fitness Market contributed $~ Mn Revenue in 2020 with Offline and Online Fitness Centres contributing ~% and ~% respectively. The number of establishments grew by ~CAGR during 2015-2020.

Commercial Gyms: Currently, most fitness brands in Egypt are positioned towards the mid-to-low end of the market, targeting the mass public. A number of boutique fitness centers have sprung but budget gyms focusing on health & fitness contributed majority of the market revenue in 2020.

Hotel Gyms: Hotels and Resorts in Egypt contributed $~ revenue with only a few major international chains having the onsite fitness facility in their properties. Majority of the hotel based fitness centers are clustered in prime locations of four key cities in Egypt, namely Cairo, Alexandria, Hurghada, and Sharm El Shiekh. The international hotel brands such as Radisson and Hilton have a strong presence in Egypt and have expanded their footprint furthermore in the region by providing sauna, swimming and gym facilities, thereby increasing the number of establishments.

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Schools/Universities: A strong growth in school and university based fitness centers have been observed as overweight and obesity among school children constituted an emerging concern and has increased from 15% in 2010 to 24.1 in 2020. 90-92% of the Universities in Egypt have well equipped gyms in their campuses/hostels providing physical fitness facilities and wellness support. These gyms are usually equipped with Cardiovascular Fitness Equipments (Treadmills & Elliptical machines), Strength Training Equipment (Free weight and weight machines, Resistance machines, Kettle bells & others)

UAE Fitness Services Market

UAE Health and Fitness Market contributed $~ Mn Revenue in 2020 with Offline and Online Fitness Centres contributing ~% and ~% respectively. The number of establishments grew by ~CAGR during 2017-2020. The industry is characterized by a high proportion of part time employment with majority of staff employed on a casual or part time basis.

Commercial Gyms: Boutique and medium sized fitness centers dominate the sector, with more 70% of centers employing fewer than 15 people in 2020.

Hotel Gyms: Majority of the UAE Luxury Hotels 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 well being thus promoting an active healthy lifestyle. Initiatives such as Dubai Fitness Challenge are also encouraging students to take part in activities and events

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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.

Medical Fitness Centres and Others: Most medical fitness & wellness centers offer a variety of services like physical therapy, massage, and health related workshops open to the community and have professionals that are well aware of providing individualized programs for people with medical conditions.

Turkey Fitness Services Market

Turkey Health and Fitness Market contributed $~ Mn Revenue in 2020 with Offline and Online Fitness Centres contributing ~% and ~% respectively. The number of establishments grew by ~CAGR during 2015-2020. Popular medium sized fitness centers dominate the sector with hotel based and residential based fitness centers gaining importance over time.

Commercial Gyms: Popular medium sized gyms dominate the sector, with majority of the fitness centres in Turkey 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.

Hotel Gyms: 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.

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Schools/Universities: 50%-60% of the Universities in Turkey have well equipped gyms in their campuses/hostels and charge a membership of $20-$25 per month separately. The gyms are usually equipped with Cardiovascular Fitness Equipment’s, Strength Training Equipment and others

Residential Townships/Compounds: The closure of public gyms, fitness centers and clubs since COVID 19 has led to an astounding demand for residential/community gyms and are by far the highest motivating factor for joining and going to a gym due to the social interactions.

Medical Fitness Centres and Others: Most medical fitness & wellness centers offer a variety of services such as Medical treatment, healthy nutrition consultancy, natural therapies and fitness with personal trainers and have professionals that are well aware of providing individualized programs for people with medical conditions.

Algeria Fitness Services Market

Algeria Health and Fitness Market contributed $~ Mn Revenue in 2020 with Offline and Online Fitness Centres contributing ~% and ~% respectively. The number of establishments grew by ~CAGR during 2015-2020.

Commercial Gyms: Commercial gyms and fitness centers focusing on health & fitness of the customers contributed majority of the market revenue generating $~ Mn in 2020 with popular fitness centers dominating the market revenues.

Hotel Gyms: Hotels and Resorts in Algeria contributed $~ revenue with only a few major international chains having the onsite fitness facility in their properties. The increase in number of star hotels with a well-equipped gym and professional trainers has accelerated the size of hotel based fitness centres.

Schools/Universities: 20-30% of the Universities in Algeria have well equipped gyms in their campuses/hostels for the students who aspire for physical well-being thus promoting an active healthy lifestyle.

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Residential Townships/Compounds: The fitness centres in residential compounds and townships in Algeria are well equipped with a wide range of equipment giving users a level of variety in their workout. The closure of public gyms, fitness centers and clubs since COVID 19 has led to an astounding demand for residential/community gyms.

Medical Fitness Centres and Others: Most medical fitness & wellness centers offer a variety of services like physical therapy, massage, and health related workshops open to the community and have professionals that are well aware of providing individualized programs for people with medical conditions.

Key Factors Considered 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

Related Reports:

KSA Fitness Services Market Outlook To 2025F - Driven By Technological Innovations And Inventive Training Approaches Along With Adoption Of Hybrid Model By Fitness Centers

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

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