Showing posts with label UAE Fitness Services Market Competition. Show all posts
Showing posts with label UAE Fitness Services Market Competition. Show all posts

Monday, November 29, 2021

Huge Demand for Fitness Centres in the UAE is mostly Driven by Rising Disposable Income and Increasing Health Concerns resulting in addition of number of Health Clubs and Gyms in the country: Ken Research

 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

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