·
It is expected
that by 2022, the proportion of female membership would reach little less than
50% due to rise in the number of women specific fitness centres in KSA. Various
new players would enter the market to tap the opportunity while many of the
existing players would open women specific fitness centres.
·
It is expected
that by 2030, 40% of the total population would be considered as a part of
active population which shall be propelled by the recent government initiatives
under National Transformation Programme.
Growth
in Saudi Arabia Fitness Services market will be facilitated by the rising
number of obese population, increasing demand for personal training, expanding
geographical presence of major fitness centers, diversifying services portfolio
and others. Increase in health awareness would supplement growth in the market.
Many new services and new technologies are expected to be launched in the
forecast period having a positive impact on demand for fitness services. The
future share of female population in the Saudi Arabia fitness service revenue
is expected to increase as compared to that of male population. The scenario is
improving for females because of the changing lifestyle and norms. More female
participation is expected owing to rising diseases and health concerns amongst
women. The trend of increasing demand for female specific fitness centers is
assumed to continue in the future and increase female share in Saudi Arabia
fitness service market.
Similarly,
due to increasing number of organized centers, expansion of existing centers
and entry of more number of international players in the market, the share of
organized sector fitness centers will increase to almost 4 times from 2017 to
2022E. Number of fitness services centers in unorganized sector, on the other
hand, is assumed to increase by over 180% from 2017 to 2022E.
Ken
Research in its latest study, “Saudi
Arabia Fitness Services Market Outlook to 2022 - By Revenue Stream (Gym
Membership and Personal Training), by Organized and Unorganized, by Region,
Gender and Membership Subscription”, suggests that the demand for
fitness services would continue to grow owing to imbalanced working life,
increasing prevalence of heart problems, diabetes, and asthma among the
population, and expansion of fitness services centres, in both organized and
unorganized sector.
Key Segments Covered
Market Segmentation by Market
Structure (Organized & Unorganized)
Ø By Revenue Stream
Ø By Membership subscription
Ø By Region (For Organized)
Ø By Gym Type (For Organized)
Market Segmentation by Gender (Male
& Female)
·
Market
Segmentation by Revenue Stream (Membership Subscription & Personal
Training)
·
Market
Segmentation by Membership Subscription (12 Months, 6 Months, 3 Months and
Others)
·
Market
Segmentation by Region (Riyadh, Mecca, Madinah, Dammam and Others)
Key Target Audience
·
Men’s Fitness
Service Centers
·
Women Fitness
Service Centers
·
Mixed Fitness
Service Centers
·
CrossFit Centers
·
Major Fitness
Equipment Manufacturers
·
Investors
Time Period Captured in the Report:
2012-2017
– Historical Period
2018-2022
– Future Forecast
Companies Covered:
Saudi Arabia Organized Fitness
Services Providers: Fitness First,
Gold's Gym, Fitness Time, World Gym, Active Time, Arena MMA Fitness, Bodyline
VIP center, Central care, Al Manahil, Al Multaka, Interval Plus CrossFit, NuYu,
Curves, Spectrum Wellness for Women, Kore, Lava Fitness, Glow Fit, Kinetico,
Fit Zone, Pulse Studio, Studio 55, 9 Round, The Power Gym, Body Masters,
Muscles Factory, and Fitness Maker
Saudi Arabia Unorganized Fitness
Services Providers: G-Fit, Bwell
center, Fitness Inn, Areka, Tytans fitness, Iron hill Cross Fit, Fitness World,
Marom Club, Rio gym and Others
Key Topics Covered in the Report:
Saudi
Arabia Total Gym Membership
Saudi
Arabia Fitness Trainers
Fitness
Services Centres in Madinah
Fitness
Services Centres in Dammam
Saudi
Arabia Population Demographics
Saudi
Arabia Workplace Fitness Promotion
Saudi
Arabia Group Training
Saudi
Arabia Fitness Wearable Technology
Issues
and Challenges in Saudi Arabia Fitness Services Market
Saudi
Arabia Organized Fitness Services Centres
For more information on the research
report, refer to below link:
Related Reports by Ken Research
https://www.kenresearch.com/healthcare/general-healthcare/uae-fitness-services-market/149539-91.html
Contact
Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
0124-4230204