Tractor Market In India, Tractor Industry In India, Market Sales, Revenue: Ken Research

India Harvestor Market

By Region (in Units): Harvestor follows the trend similar to Tractors. Major contribution regions are North and then East. ~60% Unit registration is clocked in by Northern Region. During COVID-19, the farm equipment business has seen a severe dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. This can affect the internal transport facility and business.

By Region and State: The Indian combine harvester market is projected to register a CAGR of ~ during the forecast period (2021-2026). During COVID-19, the farm equipment business had seen sudden dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. Additionally, manufacturing units were not completely active, which had resulted during a sharp decrease in sales in 2019-2020. Hence global pandemic had caused a negative impact on the Indian combine harvester market but now they have recovered from the slump. Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country.

By State (in Unit Registration): Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country. Farmers prefer self-propelled combine harvesters over tractor-mounted harvesters thanks to their high efficiency. Largest contribution states is Punjab which contributes highest unit sales to Combine Harvestor Sales in Northern Region.

Competitive Scenario In India Harvestor Market

The competition in the Harvestor market in India is highly concentrated where leading manufacturers hold around ~% share in the market. The major tractors include John Deere India Pvt Ltd, Manku Agro Tech Pvt Ltd, Kartar Agro Industries Pvt Ltd, Preet Agro Industries Pvt Ltd, Mahindra & Mahindra Limited, Malkit Agro Tech Pvt. Ltd, Guru Nanak AgriEngg Works, Dasmesh Pvt. Ltd, Cnh Industrial (India) Pvt Ltd, K.S. Agrotech Pvt Ltd, Surindera Agro Industries, K.S. Agricultural Industries Pvt. Ltd, Hind Agro Industries, Hira Agro Industries, Claas India P Ltd, Sonalika Industries, New Hind Agro Pvt Ltd, Punjab Agro Implements Industries. The market is highly unorganized and comprises of small assemblers who source part from China. These players compete on parameters Product Portfolio, Distribution Network, Pricing, Discounts, and Geographical Location, value Added Services, Collaborations & Partnerships and After Sales Service.

India Tractor & Harvestor Market Future Outlook and Projections

The India Tractor and Harvestor Market are expected to increase at a CAGR of ~% during 2020 to 2025 basis volume. The Agricultural segment will continue to dominate the India Tractor with ~% market share by 2025. The government has launched various programs in order to develop the infrastructure of the country hence facilitating the manufacture of tractors in the future years. Rising demand for the agriculture produce in the country will accelerate the demand for Tractor and Harvestor. The forecast period is also expected to witness entry of more foreign and domestic players in the industry.

Key Segments Covered:-

By Vehicle Category

Agricultural

Commercial

Registration by Region

North

East

West

South

Registration by State

Tractor Makers Covered:-

Mahindra & Mahindra Limited (Tractor)

Mahindra & Mahindra Limited (Swaraj Division)

International Tractors Limited

Tafe Limited

Escorts Limited (Agri Machinery Group)

John Deere India Pvt Ltd (Tractor Devision)

Eicher Tractors

Cnh Industrial (India) Pvt Ltd

Kubota Agricultural Machinery India Pvt. Ltd.

V.S.T. Tillers Tractors Limited

Force Motors Limited, A Firodia Enterprise

Captain Tractors Pvt. Ltd.

Indo Farm Equipment Limited

Vani Electric Vehicles Pvt Ltd

Harvestor Makers Covered:-

John Deere India Pvt Ltd

Manku Agro Tech Pvt Ltd

Kartar Agro Industries Pvt Ltd

Preet Agro Industries Pvt Ltd

Mahindra & Mahindra Limited

Malkit Agro Tech Pvt. Ltd

Guru Nanak AgriEngg Works

Dasmesh Pvt. Ltd

Cnh Industrial (India) Pvt Ltd

K.S. Agrotech Pvt Ltd

Surindera Agro Industries

K.S. Agricultural Industries Pvt. Ltd

Hind Agro Industries

Hira Agro Industries

Claas India P Ltd

Sonalika Industries

New Hind Agro Pvt Ltd

Punjab Agro Implements Industries

Key Target Audience:-

Tractor OEMs

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2016-2020

Forecast Period – 2020-2025

Key Topics Covered in the Report:-

India Tractor Registration Volume

India Tractor Type (in Units)

India Tractor Vehicle Category (in Units)

India Tractor Vehicle Registration by Region

India Tractor Vehicle Registration by State

India Tractor Maker Market Share

India Tractor Registration Volume

India Tractor Type (in Units)

India Tractor Vehicle Category (in Units)

India Tractor Vehicle Registration by Region

India Tractor Vehicle Registration by State

India Tractor Maker Market Share

Future Market Size and Segmentations, 2020-2025F

For More Information on the research report, refer to below link:-

India Tractor Market

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Indonesia Agriculture Equipment Market Outlook to 2025 - By Tractors Market (2 Wheeled & 4 Wheeled Tractors; < 40HP, 40-70HP & >70HP Tractors; Combine Harvesters Market (Less than 70HP, 70HP and >70HP); Rice Transplanters Market; Implements Market (Rotavator, Plough, Harrow, Fertilizer Spreaders & Others); and Regional Demand of Agriculture Equipment (Java, Sulawesi, Sumatra, Kalimantan & Others)

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Cognitive Behavioral Therapy Market Is Predicted to Augment Owing to Increment In Awareness Concerning Mental Health and Available Therapeutic Options: Ken Research

Cognitive behavioural therapy (CBT) is a form of psychotherapy for the cure of dissimilar mental health-concerned issues likewise anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and courtesy deficit disorders. Such therapies are functioned to substitute the bad habits with the good ones and to support the individual to maintain challenging situations in life.

According to the report analysis, ‘Cognitive Behavioral Therapy Market: Current Analysis and Forecast (2021-2027)’ states that the requirement for Cognitive Behavioural Therapy is mainly growing on account of the increasing incidences of obsessive-compulsive disorder (OCD), growing cases of depression, augmented awareness concerning mental health & available therapeutic options, and intensifying bad behaviours amongst teen individuals. However, some of the restraints in the market comprise limited admittance to mental health care providers and a shortage of knowledge concerning mental health in less developed regions.

Based on Type, the market is fragmented into Cognitive Behavioral Therapy, Cognitive Behavioural Play Therapy, System, Desensitization, Aversion Therapy, and several others. Cognitive Behavioural Therapy registered for the largest share during 2020 is projected to account a lucrative CAGR throughout the forecast period. As the name indicates, Cognitive Behavioral Therapy includes two major components such as cognitive therapy which investigates how negative thoughts underwrite to anxiety, and behaviour therapy investigates how you behave and react in situations that generate anxiety. The increasing prevalence of mental health disorders such as anxiety disorders, depression, substance abuse, PTSD (post-traumatic stress disorder) influences the market growth. As per the World Health Organization (2020), Depression is the leading cause of disability around the world, and more than 264 million individuals suffer from depression around the globe.

Based on Patient Type, the market is classified into Children and Adults. The Adult segment accounted for the greatest share during 2020 is projected to register a lucrative CAGR throughout the forecast period due to the high prevalence of mental disorders and unhealthy lifestyles.

Based on Treatment Settings, the market is classified into Hospitals, Outpatient Clinics, Community Health Centers, and several others. The Outpatient Clinics registered the market in 2019 and is projected to account the greatest growth during the forecast period. The flexibility of the outpatient clinics makes it feasible for the patient to attend the appointment throughout the daytime and to be with their family in the evenings. As per a study conducted by the American Journal of Psychiatry, with the implementation of Electronic Health Records (EHR) in the outpatient clinic the number of suicide deaths can be safeguarded. The augment in outpatient clinics for mental health facilities also influences the market growth.

Whereas, the North America and Europe collectively registered for the greatest share of global behavior therapy market. This is owing to the existence of large patient population around the regions. Also, heavy work situations that results in several mental medical conditions has also contributed strongly in sharing large revenue share of the global behavioural market. Asia-Pacific is projected to see greatest growth rate during the forecast period due to aging population. Therefore, in the near years, it is predicted that the market of cognitive behavioural therapy will increase around the globe more actively over the near years.

For More Information, refer to below link:-

Global Cognitive Behavioral Therapy Market

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Global Polychlorotrifluoroethylene Market - Size, Share, Growth, Trends, and Forecast 2021 - 2027

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Polychlorotrifluoroethylene synthetic formed by the polymerization of the chlorotrifluoroethylene. It is a moldable, chemical-resistant and temperature-resistant plastic that finds the specialty applications in the chemical, aerospace and electrical industries. Polychlorotrifluoroethylene can be prepared as a powder by curing an aqueous suspension or emulsion of chlorotrifluoroethylene with polymerization catalysts. Polychlorotrifluoroethylene is a thermoplastic polymer of chlorofluoropolymer and proposes the excellent properties such as high tensile strength, creep resistance, high compressive strength, greater thermal characteristics, no flammability, better moisture protection, great chemical resistance, and short coefficient of thermal enlargement.

According to the report analysis, ‘Global Polychlorotrifluoroethylene (PCTFE) Market, 2021-2027’ states that Daikin Industries, Ltd., Fluorocarbon Company Ltd., Honeywell International Inc., Welch Fluorocarbon Inc and many others are the key entities which presently functioning in the global polychlorotrifluoroethylene (PCTFE) market more actively for leading the highest market growth, generating the high percentage of revenue, registering the great value of market share, ruling around the globe, keep maintaining the dominant positions, and obtaining the governing position by spreading the awareness connected to the applications and benefits of polychlorotrifluoroethylene (PCTFE), establishing the several research and development programs, increasing the benefits and features of polychlorotrifluoroethylene, implementing the policies of profit making and expansion strategies, improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction, decreasing the associated prices of such, and analysing the strategies and policies of government as well as comparable entities.

In addition, greater properties exhibited by polychlorotrifluoroethylene (PCTFE) over its counterparts comprising improved moisture fortification as well as temperature resistance are expected to propel requirement across end-use industries. Growing penetration of the product in the aerospace industry to manufacture valve seats, plugs, diaphragms, and impellers is probable to be a foremost growth driver for the PCTFE market. Polychlorotrifluoroethylene resins are obtaining the high demand for manufacturing moisture barrier coatings, which are progressively utilized in drug manufacturing, thus encouraging its use over the forecast duration.

Not only has this, present developments in aerospace and pharmaceutical industries deliver lucrative opportunities to the foremost players and new entrants. Growing demand of polychlorotrifluoroethylene in the aerospace segment owing to its lightweight, good retention of mechanical properties under a widespread temperature range and chemical resistance has influenced its consumption in the production of valves, impellers, diaphragm, and plugs which is probable to influence the PCTFE market. 

Growing requirement for polychlorotrifluoroethylene (PCTFE) in the aerospace industry to manufacture diaphragms, valve seats, and gaskets on account of its light weight and greater thermal resistance is likely to propel the market growth.

The significant augment in penetration of PCTFE as moisture barrier films in the pharmaceutical industry is projected to positively impact the market over the review period. Furthermore, PCTFE films are extensively utilized in manufacturing blister packaging, thus encouraging its usage in the pharmaceutical industry. PCTFE exhibitions low gas and vapor permeability, high melt processability, short melting temperature, and greater cold flow characteristics. These properties make it ideal for injection molding and extrusion procedures, by means of which PCTFE can be molded into an extensive range of desired shapes and structures. As a result, enlargement of molding industry is probable to have a positive impression on the PCTFE market.

For More Information, refer to below link:-

Global Polychlorotrifluoroethylene (PCTFE) Market Research Report, 2021-2027

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Healthcare Cyber Security Market Is Predicted to Augment Owing to Growth In Number Of Healthcare Cyber-Attacks In Developed And Developing Regions: Ken Research

Cybersecurity in the healthcare comprises the safeguard of the electronic information and assets from the unauthorized admittance, usage and disclosure. There are three objectives of cybersecurity: safeguarding the confidentially, availability and integration of information, also well-known as the CIA triad. Healthcare cybersecurity has transformed dramatically during the last ten years with the advent of the Internet of Things (IoT) devices growing on the medical network. IoT technologies are speedily becoming portion of the high-tech medical arena. Medical devices are now connected to the network to supports doctors, nurses, and assist the teams convey the critical care services for patients.

According to the report analysis, ‘Healthcare Cybersecurity Market: Current Analysis and Forecast (2021-2027)’ states that during recent years healthcare is the most targeted industry, by ransomware. Several regions including the US observed a sharp augment in the hit by ransomware. Around 2020, the trend was observed in Q3 where healthcare was the number one most targeted industry around the US. Additionally, an escalating count of healthcare institutions are projected to take to cyber security solutions to safeguard patient and their own data too. The implementation of connect medical devices and digital medical record systems connected with the surging utilization of laptops, tablets, smartphones, and several other mobile devices is foretold to set the tone for a valuable requirement in the market.

Aim on the introduction of technologically advanced solutions could be a foremost strategy adopted by leading players operating in the worldwide healthcare cyber security market, followed by merger and acquisition. The speedy shift toward cloud computing technology is envisioned to supplement an additional boost to the requirement in the market. More choices could take position around the market as players look to run new strategies to increase their existence.

Nonetheless, the growth in the healthcare cybersecurity market is majorly accredited to the aspects such as emergence of disruptive digital technologies around healthcare sector, rising requirement for advanced cybersecurity solutions & privacy, and augment in complexity & frequency of cyber threats. In addition, the growing need of cloud-based security solutions amongst healthcare segment and exponential growth in healthcare data breaches are also projected to assist the growth of this market over the forthcoming years. However, the shortage of trained professionals and global effect of COVID-19 on the industry vertical complicates the growth of this market to some extent.

Geographically, the market is scattered across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is predicted to augment at the highest CAGR throughout the forecast period. Augment in awareness among healthcare organizations and increment in end-user spending on improved cyber security solutions and services, due to growth in number of cyber-attacks, are anticipated to propel to the market growth in this region. Moreover, aspects likewise as the increasing number of healthcare cyber-attacks in developed and underdeveloped regions propel the global healthcare cybersecurity market. Increasing security and regulatory compliance concerning issues are in North America and Europe. Therefore, in the near years, it is predicted that the market of healthcare cyber security will increase around the globe more actively over the near future.

For More Information, refer to below link:-

Global Healthcare Cyber Security Market

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Global Succinic Acid Market Size 2021 COVID-19 Impact Analysis by Business Opportunities, and Future Outlook till 2027

 

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The succinic acid is a dicarboxylic acid and is exist as an anion known as the succinate in the human body, which has several biological roles and functions as a metabolic intermediate. The succinic acid is a colorless, odorless and water-soluble solid introduced utilizing the synthetic and natural procedures. A natural procedure to generate the succinic acid comprises succinic acid involves microbial fermentation of the glucose from the raw materials such as maize, sugarcane, tapioca and wheat. N-Butane is one of the foremost raw materials utilized in the introduction of the succinic acid.

According to the report analysis, ‘Global Succinic Acid (CAS 110-15-6) Market, 2021-2027’ states that Succinic acid proposes the great potential as a platform chemical in the application positions of bio-based plastics, solvents, plasticizers, adhesives, and resins. Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co., Ltd., Baoji Jinbaoyu Technology Co., Ltd., BioAmber Inc., Fuso Chemical Co., Ltd., Gadiv Petrochemical Industries Ltd., JINHUI ZHAOLONG High Technology Co., Ltd., Kawasaki Kasei Chemicals Ltd., Myriant Corporation, Nippon Shokubai Co., Ltd., PTT Global Chemical Public Company Limited, Reverdia V.o.f. (DSM Succinic Acid B.V. & Roquette B.V.), Shandong Feiyang Chemical Co., Ltd., Shanghai Shenren Fine Chemical Co., Ltd., SINOPEC Yangzi Petrochemical Co., Ltd., Succinity GmbH (BASF SE & Corbion N.V.), Tianjin Bohua Zhonghe Chemical Co., Ltd. and many more are the key entities which recently operating in the succinic acid market more actively for leading the highest market growth, obtaining the competitive edge, ruling around the globe, registering the great value of market share, generating the highest percentage revenue, and maintaining the governing position by establishing the several research and development programs, increasing the benefits and applications of Succinic acid, delivering the better consumer satisfaction, implementing the policies and strategies of enlargement and profit making, analyzing the strategies and policies of government as well as comparable entities, enlightening the qualitative and quantitative measures of such and engaging the young and active personnel.

By product, the "Global Succinic Acid (CAS 110-15-6) Market" is segmented into bio-based succinic acid and petro-based succinic acid. Based on applications, the global succinic acid (CAS 110-15-6) market is categorized into BDO, Solvent & Lubricant, PBS, Plasticizer, Solvent & Lubricant, Polyols, Pharmaceutical and countless others. The growth of the sector is majorly attributed to the requirement from the chemical industry for PBS/ PBST, and polyurethane. Petro-based succinic acid is cost-effective and has improved proficiency in assessment with the bio-based type. Additionally, it can be broadly utilized in the food & beverage industry as a flavor garnish and in the chemical industry for the producers of PBS.

In addition, the effective growth in demand from the industrial, personal care and food & beverage industries propels the succinic acid market. The growing requirement from the APAC region, and the growing adoption of succinic acid as a substitute of adipic acid in polyurethane production are the aspects propelling the succinic acid market. Therefore, in the near years, it is predicted that the market of succinic acid will increase around the globe more actively over the near future.

For More Information, refer to below link:-

Global Succinic Acid (CAS 110-15-6) Market Research Report

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Global Hair Tools Market Research Report: Ken Research

 Based on the Hair Tools market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

In Chapter 2.4 of the report, we share our perspectives for the impact of COVID-19 from the long and short term.

In chapter 3.4, we provide the influence of the crisis on the industry chain, especially for marketing channels.

In chapters 8-13, we update the timely industry economic revitalization plan of the country-wise government.

Key players in the Global Hair Tools Market covered in Chapter 5:

Procter & Gamble (China) Ltd.

Lane Crawford Department Store (Beijing) Co., Ltd.

Shanghai POVOS Enterprise (Group) Co., Ltd.

Panasonic Electric Works Co., Ltd.

Shenzhen Meikangya International Trade Co., Ltd.

Guangdong Huanengda Electrical Appliances Co., Ltd.

Shanghai Flyco Electrical Appliance Co., Ltd.

Chongqing Tanmujiang Craftworks Co., Ltd.

Philips (China) Investment Co., Ltd.

In Chapter 6, on the basis of types, the Hair Tools market from 2015 to 2025 is primarily split into:

Hair Clippers

Hair Dryers

Straighteners

In Chapter 7, on the basis of applications, the Hair Tools market from 2015 to 2025 covers:

Household

Commercial Use

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 8-13:

North America (Covered in Chapter 9)

United States

Canada

Mexico

Europe (Covered in Chapter 10)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 11)

China

Japan

South Korea

Australia

India

South America (Covered in Chapter 12)

Brazil

Argentina

Columbia

Middle East and Africa (Covered in Chapter 13)

UAE

Egypt

South Africa

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2025

For More Information, Click on the Link Below:-

Global Hair Tools Market

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Growth of Budget Fitness Centres in Algeria along with Increasing Health Concerns has significantly led to increase in average number of members per fitness centers: Ken Research

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Rising awareness about the health risks of a sedentary lifestyle and adoption of tech innovations for connectivity and inventive training approaches are fueling the market growth 

Focus on Targeting Mass Market: The fitness industry in Algeria is currently in the growth stage with most fitness brands in the market positioned towards the mid-to-low end of the market, targeting the mass public.

Focus on Establishing Female-Specific Fitness Centers: Opening up of ladies dedicated gyms such as Ladies First Salle de Sport with female professional trainers to guide woman's pursuing exercises has created new segment and increased the female memberships in the country.

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Increase in Hotel Centric Fitness Centres: The increase in number of star hotels with a well-equipped gym and professional trainers has accelerated the size of hotel-based fitness centers. A substantial number of branded facilities such as Sheraton and Holiday Inn have been opened in urban areas such as Algiers, thereby increasing the number of hotel-based fitness center establishments.

Increase in Demand for Virtual Session: Adoption of a hybrid model of online/in-person workouts than brick-and-mortar gyms are increasing memberships in fitness centers owing to convenience and flexibility. Fitness Centers and Personal Trainers along with Fitness Bloggers are using social media platforms such as Facebook and Instagram to conduct live workshops for the ease and convenience of home workouts thereby leading to higher participation rate.

The report titled “Algeria Fitness Services Market Outlook to 2025F – Driven by technological innovations and inventive training approaches along with adoption of hybrid model by fitness centers” by Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing awareness of health benefits, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as cardiovascular diseases along with growth of female only fitness centers has been the major key factors which drives the demand for fitness services centers in Algeria. The market is expected to register a positive five-year CAGR of 19.4% in terms of revenue during the forecast period 2020-2025F.

Keywords Covered in the Report: -

Algeria Fitness Services Market

Algeria Fitness Services Industry

Fitness Market Algeria

Fitness Services Industry in Algeria

Fitness Services Market in Algeria

Algeria Fitness Services Market Research Report

Algeria Fitness Services Industry Research Report

Algeria Fitness Services Market Size

Algeria Fitness Services Market Share

Algeria Fitness Services Market Revenue

Research Report on Algeria Fitness Services Market

Algeria Fitness Services Market Growth Rate

Algeria Fitness Services Market Outlook

Future Of Algeria Fitness Services Market

COVID Impact on Algeria Fitness Services Market

COVID 19 Impact Algeria Fitness Services Industry

Key Segments Covered in Algeria Fitness Market: -

Direct Economic Impact of Fitness Centers

Overview of Commercial Gyms in Algeria Health and Fitness Market

Overview of Fitness Centers in Hotels and Resorts

Overview of Fitness Centers in Schools and Universities

Overview of Fitness Centers in Residential Townships/Compounds

Overview of Fitness Centers in Hospitals

Overview of Fitness Centers in Sports Clubs and Govt. Organizations

Indirect Economic Impact of Fitness Centers

Algeria 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 Centers

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 Algeria
• Direct and Indirect Economic Impact of Fitness Industry in Algeria
• Overview of Commercial Gyms in Algeria Health and Fitness Market
• Snapshot of Digital Fitness Market in Algeria
• Assessment of the Indirect Economic Impact of Fitness Industry in Algeria
• Algeria Fitness Equipment Industry Market Size
• Evaluation of Premiumization on Real Estate Sector
• Assessment of the Indirect Economic Impact of Fitness Industry in Algeria
• 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 Algeria
• Future Outlook and Projections for Algeria Fitness Services Market
• White space and Opportunities existing in the Algeria Fitness Services Market
• Research Methodology

For More Information on the research report, refer to below link: -

COVID 19 Impact on Algeria Fitness Services Market

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India Consumer Wearables Market Outlook to 2025- By Type (Fitness Trackers and Smart-watches), By Sales Channel (Online and Offline), By Price Segment (Under ₹ 1000 ,₹1000 - ₹ 10,000 , ₹10,000 - ₹ 20,000 and Above ₹ 20,000) and By Sales

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Oman Fitness Services Market Outlook to 2025: Ken Research

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The report titled “Oman Fitness Services Market Outlook to 2025F – Driven by Rise in Health Consciousness and Increasing Penetration of International Brands across the country” provides a comprehensive analysis of the fitness industry of Oman. 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.

Oman Fitness Services Market

Oman fitness market contributes 0.2% of the GDP fascinated by new foreign players and regional expansion of the fitness clubs, gyms and centers. The expansion spreads across various systems like presence of gyms in universities, schools and hotels as well as across the major cities of the country. The market is currently placed in growth stage with strong possibility for further development at a faster pace with positive trends expected in the industry. Future growth is driven by increase in the average number of members involved and active members.

Analyzing the Direct Economic Impact of Fitness Industry in Oman

The fitness industry of Oman is highly influenced by growing awareness about better lifestyle and balanced diet. The country is facing a rising wave of chronic diseases like heart disease and diabetes, plus non-communicable diseases. The government is taking action to reduce these diseases and risk of chronic disease by introducing major schemes promoting better lifestyle and physical activity on a community level scale.

Commercial Gyms: Currently, most fitness brands in the market are positioned towards the mid-to-low end of the market, targeting the mass public. Entry of major fitness chains such as Horizon fitness followed by Flex fitness and Gold’s Gym are providing more attentive and personalized services focusing on specialized offerings to differentiate themselves and strengthen their competitiveness.

Hotels/Resorts: Majority of the Luxury Hotels and Resorts in Oman have well-equipped gyms offering special memberships to the public. A substantial number of facilities such as InterContinental Muscat, Hilton Salalah Resort have been opened in urban areas such as Muscat and Salah, thereby increasing the number of hotel-based fitness center establishments.

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Schools/Universities: 18%-20% of the Universities in Oman have well equipped gyms in their campuses/hostels and charge a membership of $15-$20 per month separately and offer their services for the students who aspire for physical wellbeing thus promoting an active healthy lifestyle. These 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: Fitness Centers in Residential Compounds and Townships is a new concept in Oman with only a small number of them having a well-equipped gym in their compounds. Few of the apartments in Oman have fitness centers in the residential compounds offering a variety of equipment, amenities, classes and training options for the in-house residents. The middle class prefers to access these gyms in residential areas and communities since they provide opportunity to socialize, making them coveted with residential property.

Assessment of the Indirect Economic Impact of Fitness Industry in Oman

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 COVID19 outbreak have 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. Fitness Machine, Exercise Equipment, Treadmill & Cardio Equipment are the bestselling equipment’s in Oman Fitness Equipment Market.

Assessment of the Socio-Economic Implications for Fitness Industry in Oman

Oman ranked 66 worldwide in Healthcare quality index. The generous healthcare budget of the country has also helped maintain this position in healthcare index. 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 Oman’s fitness centres will be 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.

Oman Fitness Market Future Outlook and Projections

Oman is a country with strong and expansive infrastructure but still majority of population is high on the risk of chroni diseases. With the change in the attitude of public and strong push from the government, the fitness market in Oman is expected to experience double digit growth due to rapidly rising interest in all kinds of wellness-related behaviors and lifestyles accompanied by accelerating consumer spending. The offline fitness centers in Oman Health and Fitness market is expected to contribute majority of the revenue share with online fitness market anticipated to show a double digit growth of more than 16% CAGR in the forecasted year.

Key Segments Covered in Oman Fitness Market: -

Direct Economic Impact of Fitness Centres

Overview of Commercial Gyms in Oman 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

Oman 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: 2020–2025

Key Topics Covered in the Report

Socio-Economic Landscape of Oman

Direct and Indirect Economic Impact of Fitness Industry in Oman

Overview of Commercial Gyms in Oman Health and Fitness Market

Snapshot of Digital Fitness Market in Oman

Assessment of the Indirect Economic Impact of Fitness Industry in Oman

Oman Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Assessment of the Indirect Economic Impact of Fitness Industry in Oman

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 Oman

Future Outlook and Projections for Oman Fitness Services Market

White space and Opportunities existing in the Oman Fitness Services Market

Research Methodology

For More Information on the research report, refer to below link: -

Future of Oman Fitness Services Market Growth

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