Kuwait Retail Pharmacy Market 2022, Size, Share, Demand, Future: Ken Research

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Kuwait retail pharmacy market is in its increasing stage and has augmented at a positive single digit CAGR throughout the period 2012-2017 majorly owing to growing population, surge in pharmaceutical imports, and increasing prevalence of diseases such as Obesity, infectious and chronic ailments such as cancer within the country. It has been witnessed that the trend towards preventive healthcare observed a rise in line with an augment in healthcare awareness throughout the review period, thus assisting expansion of the cosmetics and food supplements along with the OTC segment and growing demand for vitamins and supplements, weight loss formulations, and smoking cessation aids has led the retail pharmacy market absolutely. On the other hand, growth in healthcare sector has resulted in prevalent of both standalone and pharmacy chains in the country.

According to the report analysis, ‘Kuwait Retail Pharmacy Market Outlook to 2022 - By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies); By Type of Drugs (Cosmetics, Food Supplements and Drugs), By Type of Sales Channels (Offline and Online)’ states that the market of the Retail Pharmacy companies is temperately concentrated with few players constituting more than half of the total share. In Kuwait, nine foremost players are functioning in the retail pharmacy market which underwrites a combined share of ~70.0% of total pharmacy stores as of 2017. Companies contend on the basis of number of stores, promotional proposes; value added services and distributional channel. Royal group, Pharma zone and YIACO are the foremost player in the market. Royal group is the market leader with registering share in pharmacy chains followed by Pharma zone and then by YIACO in 2017. Other players in the market involves Al-Morji Pharmacy, Tabuk Pharmacy, Saja Pharmacy and others.

The report titled "Kuwait Retail Pharmacy Market Outlook to 2022 - By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies); By Type of Drugs (Cosmetics, Food Supplements and Drugs), By Type of Sales Channels (Offline and Online)" conveys a comprehensive analysis on the Retail Pharmacy industry of Kuwait. The report covers countless aspects involving introduction, value chain, market size by revenue (2012-2017), segmentation by type of pharmacy, by type of drugs, by revenue split and by type of sales channel, competition scenario in the industry, shares and company profiles of foremost players in the market, growth drivers, trends and developments, issues and challenges in the retail pharmacy market and the regulatory framework of industry. 

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The Kuwait pharmacy retail market is projected to augment at a positive single digit CAGR during the period 2017-2022. The retail pharmacy market in Kuwait will be majorly propelled by improved healthcare infrastructure such as augment in number of hospitals, pharmaceutical clusters, and primary health clinics. In addition, the high prevalence of contagious diseases, prevalent generic drug supply, growth in buying power, increasing affordability of healthcare products and the augmenting over-the-counter drugs market will help to propel growth in Kuwait's retail pharmacy market. Therefore, it is predicted that during the near period the market of retail pharmacy will augment more progressively over the review duration.

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Kuwait Retail Pharmacy Market Research Report

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Future Growth of Global Composite Cans Market: Ken Research

Based on the Composite Cans 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.

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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 Composite Cans Market covered in Chapter 5:

Ace Paper Tube

Quality Container Company

Nagel Paper

Canfab Packaging

Sonoco Products Company

Corex Group Tinpak

Compocan Industries

Irwin Packaging

Halaspack Bt

Mondi Group

Amcor Ltd

Smurfit Kappa

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

Less than 50 mm

50mm-100mm

100mm & above

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

Agriculture

Consumer Goods

Food & Beverage Packaging

Industrial Goods

Personal Care & Cosmetics

Textiles and Apparels

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

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Global Composite Cans Market

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Best Market Research Company in Singapore | B2B Market Research Reports and B2B Service Providers in Singapore: Ken Research

 Around the abundant trade and industry sectors the Singapore region is a leader. Along the uppermost underwriters such as manufacturing, financial services and oil-refining the Singapore region contrasts. The acceptable authorities of the Singapore region established unrelated and profitable initiatives to inspire the region as a regional hub for the financial technology (FinTech).

On the basis of Singapore Market Analysis, the Singapore hospitals market amplified at a lessening rate throughout the period of 2012-2017. Macro trends assuredly affecting the hospital market incorporate the ageing populace, the talented growth in chronic disease prevalence, intensifying healthcare requirements and snowballing complexity of care demands. The growth slowdown was majorly due to stoppage in the medical tourism. Backed by greater requirement, foremost hospitals have underwritten in development strategies. For instance, the IHH Healthcare pragmatic positive growth in revenue owing to ramp up of Mount Elizabeth Novena Hospital as the hospital added 30 beds. The market pragmatic bigger inpatient admissions, improvement in average revenue per inpatient admission due to the complex complexity of the medical situations.

In addition, the flexible workspace industry across APAC attained the traction throughout the time frame 2016-2017 when the worldwide market leader WeWork enflamed in the countless regions. Although, Best Market Research Company in Singapore supposed that the Singapore Auto Finance Market was observed to be in the growth stage throughout the duration of 2015-2020 owing to the snowballing digital improvements to ease loan application process, introduction of finance aggregators, emerging green car loans and countless more.

Ken Research is the leading Best B2B Service Providers in Singapore with offices around the globe. Our suggestively knowledgeable and perceived research teams recommend the understandings and analysis for both Singapore and Asia Pacific based clients and for numerous of the world’s highest businesses and organizations of the Asia Pacific. Utilizing the very newest market research tools and methods, we progress bespoke research programs for businesses in a comprehensive range of the industries.

However, our researchers seek the opinion and facts from 25000+ research journals, news articles, Singapore B2B Market Research Reports, white papers, government reports, conference presentation and custom databank to dispense the better Best B2B Service Providers in Singapore. Moreover, Ken Research admittance 150+ paid date sources to get meticulous and authentic statistics. Over the 65+ publishers underwrite the business astuteness on our pane.

Market research reports of Ken Research states that the Singapore real estate industry was witnessed to attain maturity majorly owing to the country serves as a worldwide business hub, tourism centre and talented residential housing requirement in the country. The region begun with selling land parcels for commercial enhancement and itself became the highest housing developer. Shortage of space and high demand has enabled Singapore to development into a modern real estate infrastructure pioneer with mixed advancement, environment friendly constructions and architectural marvels at the important of the real estate.

Whereas, the Singapore Market Share will be helped by the enhancement in Fintech and digital payments, with more utilization of mobile wallets and mobile applications. Increasing mobile phone penetration, enlarge in possession of smart-phones rate and augmented admittance and utilization of internet services would influence the growth. Therefore, during the coming years, it is anticipated that the research market around Singapore will augment around the globe more competently over the upcoming years.

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Global Nanotechnology For Food Packaging Market Future Outlook: Ken Research

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The nanotechnology sectors are crucial improved techniques that allow food, medicine, and agriculture to underwrite, develop, and to have sustainable impacts. Nanomaterials can introduce healthy, safe, and high-quality functional food, which is perishable or semi-perishable in nature, qualitatively or quantitatively. Nanotechnology is greater to traditional technologies for food processing with greater food shelf life, contamination prevention, and food quality enhancement. Nanotechnology applications advance the bioavailability and taste of nanomaterial, texture, and uniformity of food, accomplished by adjusting particle size, possible cluster formation, and the surface load of nanomaterials.

According to the report analysis, ‘Global Nanotechnology for Food Packaging Market: Segmented By Application (Food & Beverages, Pharmaceutical, and Personal Care & Cosmetics); By Technology (Active Packaging, Intelligent & Smart Packaging, and Controlled Release Packaging) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030’ states that augmented population requirement for food is increasing. This is one of the major reasons for the requirement for agricultural productivity enhancement techniques. Nano-products such as nano fertilizers and nano-pesticides in agriculture are aimed on decreasing the chemical propagation, restricting nutritional losses in fertilizer, and improving the yields by pesticide management and nutrient management. Therefore, nanotechnology can be enhanced with new Nanotools in agriculture. The growing requirement for an optimal crop production with scarce funds gives it tremendous acceptance among farmers.

People around the globe have become progressively concerned about health and are aware of health-related issues. The usage of clean label products is being augmented. The requirement for new food processing techniques to enhance and maintain F&B products' quality and nutritional value is augmenting. This boosts the growth of the world market for food nanotechnology.

However, nano technological experiments require to be analyzed precisely and to interpret the results so that results are dependable. Crucially proficient is the correlation between experimental results and the experiment hypothesis. Each staff must therefore carry out experiments in the nanotechnology. The shortage of qualified professionals can cause imprecise results in research laboratories. The shortage of skilled professionals is expected therefore negatively impact the market growth during the forecast duration.

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Global Nanotechnology for Food Packaging market is classified based on regional analysis into five major regions. These comprise North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Nanotechnology for Food Packaging in Asia pacific controlled the greatest market share of XX.X% during the year 2020. It is forecast to augment at the greatest CAGR between 2020 and 2030 at USD XXXX million in 2020. The effective growth in supplies of raw materials and the augmenting food processing, pharmaceuticals, and human resources sector are propelling growth in this region. Strong growth is predicted for China, Japan, and India, followed by other Asian nations. The second-largest share in the world's nano-enabled packaging market is estimated for North America. The favorable legislation and regulations functional in the food, pharmaceutical, and export segments to the usage of nanotechnology are predicted to increase. Therefore, it is predicted that during the near period the market of nanotechnology for food packaging will develop more proficiently over the assessed duration.

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Future Growth of Global Smart Farming Market: Ken Research

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Smart farming is a revolutionary farming idea that utilizes advanced technology to enhance agricultural products in both quantity and quality. The world's increasing demography is causing requirement for more food and crops. This allows the farmer to cut their manual efforts, improve resources use and augment crop production by growing the advancement of new technologies, comprising large data services, cloud-based data services, livestock biometrics, farming robots, GPS and the IoT. Smart agricultural technology aims on the enhanced efficiency that can be accomplished through the implementation and understanding of several technologies and the management of natural inconsistency in agriculture.

According to the report analysis, ‘Global Smart Farming Market: Segmented By Type (Precision Farming, Livestock Monitoring, Smart Greenhouse, Others); By Offering (Hardware-Sensors, GPS, Yield Monitors, Software and Services) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030’ states that the main driving forces behind the growth of Smart Farming comprise increased agricultural mechanisms in underdeveloped countries, growing labour costs as a result of a shortage of skilled labour, augmented pressure for food supplies in the world as a result of growing population, noteworthy savings on smart farming approaches and government initiatives to approve advanced agricultural technology. The growing need for optimal crop production with scarce funds delivers it tremendous acceptance among farmers.

Augments in the productivity and deduct of overhead labour have been caused by the usage of technology such as VRT, remote sensing, GPS, GIS and direction technology in Smart farms. The usage of state-of-the-art agricultural equipment reliant on devices has assisted the best utilization of resources. Smart agricultural equipment based on state-of-the-art technology not only underwrites to the basic savings by lowering the labour cost but also significantly improves the farm operations.

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The exhaustion of natural resources and environmental deterioration are some of the aspects that restrict cultivation. The effective growth in environmental concerns encourage farmers to aim on sustainable farming practices, such as natural resource conservation. This has led to the need to enhance the nutrition and protection of crops and to improve the Smart farming market. Several growth opportunities have been developed through technological revolutions such as vertical farms with the intelligent designs to maximize yields and cut waste.

Global Smart Farming market is classified based on regional analysis into five foremost regions. These comprise North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Global Smart Farming in North America controlled the largest market share of XX.X% during the year 2020. Countries such as the United States and Canada in America are the first to contrivance Smart farming technologies, which is a foremost reason for this region's significant growth. Agricultural systems and equipment in the region, such as steering systems, guided systems, sensors, display devices and farm management software, are broadly adopted by farmers. The effective growth in use in several agricultural applications of technological advancements, decreasing the labour levels, consolidating farms, augmenting population, and the growing demand for high productivity from present farming areas are some other factors propelling growth in the American Smart farming market.

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Global Espresso Coffee Makers Market Growth Rate: Ken Research

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Espresso is a traditional Italian beverage that has become prominent among coffee drinkers all over the globe. It's made by communicating or forcing a little amount of nearly hot water through finely-ground coffee beans under the pressure. The finished result is devoted to as a shot,' and it has a rich, creamy flavour. It can be drunk straight or utilized as the base for several coffee drinks such as cappuccino, latte, macchiato, ristretto, or long black. The coffee machine is very noteworthy in the coffee industry. Trends in the usage of modern varieties of the coffee machines vary dependent on the café location.

According to the report analysis, ‘Global Espresso Coffee Makers Market: Segmented by Type (Drip Coffee Machine, Steam Coffee Machine, Capsule Coffee Machine, and Others); By Application (Residential, and commercial); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030’ states that the Coffee consumption is projected to augment as consumer preferences and knowledge of health assistances change. In both developed and underdeveloped countries, the number of coffee machines has augmented. As the population of underdeveloped countries grows, so does the requirement for out-of-home and quality coffee, resulting in an augment in cafés and restaurants.

The popularity of immediate non-alcoholic beverages like coffee in restaurants and corporate cafeterias is influencing the coffee machine market forward. When used in coffee shops and office cafeterias, coffee machines decrease the time and effort demanded to make a cup of coffee. Millennials' augmented need for non-alcoholic beverages, consumer knowledge of low-sugar and non-alcoholic beverages, hectic work schedules, and varying consumer tastes are just a few of the aspects that have underwritten to the surge in acceptance of instant non-alcoholic beverages like coffee.

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However, the high price of technologically advanced coffee machines may be a foremost barrier to end-user requirement. During the assessment duration, an increment in the number of private coffee machinery companies could stifle market enlargement.

Due to growing coffee demand, coffee suppliers are contributing inadequate equipment and developing new approaches, such as coffee capsules, to convey the better-tasting coffee as more profitable possibilities. The increasing use of coffee machines in restaurants and corporate cafeterias to encounter the rising demand for instant non-alcoholic beverages such as coffee is driving up requirement for coffee capsules, boosting the coffee machines market's development.

Global Espresso Coffee Makers market is classified based on regional analysis into five foremost regions. These comprise North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Espresso Coffee Makers in APAC controlled the largest market share in the year 2020 owing to an augmenting number of cafés and coffee shops will increase requirement, especially in emerging countries. Because of a high growth potential that is probable to support growth strategy, foremost cafe chains such as the CCD and Starbucks are contributing in the region. Therefore, it is predicted that during the near period the market of espresso coffee will augment more proficiently over the near future.

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Global Low-Cost Airline Market Research Report: Ken Research

 A low-cost carrier or low-cost airline is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts.

Based on the Low-Cost Airline 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.

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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 Low-Cost Airline Market covered in Chapter 5:

Indigo, LLC

West Jet Airlines Ltd.

Virgin America

Airasia Inc.

Ryanair Holdings plc

Easy Jet plc

Jet star Airways Pty Ltd.

Air Arabia PJSC

Azul Linhas Areas Brasileiras S.A. (Azul Brazilian Airlines)

Norwegian Air Shuttle As

In Chapter 6, on the basis of types, the Low-Cost Airline market from 2015 to 2025 is primarily split into:

Short Distance

Long Distance

In Chapter 7, on the basis of applications, the Low-Cost Airline market from 2015 to 2025 covers:

Commercial

Private

Solar energy

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

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Global Low-Cost Airline Market

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Global Yacht Engine Market is predicted to Propel Owing To Speedy Technological Innovations: Ken Research

According to the report analysis, ‘Global Yacht Engine Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that MTU, Westerbeke, Northern Lights, Lombardini Marine, Caterpillar, VETUS, Cummins., Sole Diesel, Whisper Power, Volvo Penta, MAN, Nanni Industries, SCANIA, Onan, Fischer Panda, Mase Generator, COELMO MARINE and many more are the key companies which recently working in the global yacht engine market more progressively for ruling around the globe, registering the great value of market share, leading the highest market growth, generating the highest percentage of revenue and obtaining the competitive edge by implementing the policies of profit making and strategies of expansion, spreading the awareness connected to the applications and advantages of yacht engine, increasing the features and benefits of yacht engine, delivering the better customer satisfaction, improving the qualitative and quantitative measures of such, decreasing the associated prices of such, analysing the strategies and policies of government as well as contenders and establishing the several research and development programs.

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Growth in international marine freight transport, aging fleet, and implementation of smart engines for performance and safety are the propelling factors for the yacht engines market. Whereas, North America, Europe, South America, Asia Pacific, and Middle East & Africa are the major regions considered for the study of the yacht engine market. The governments in the region are proposing the tax rebates to the shipbuilding industry. The growth of the Asia Pacific market is commonly driven by the growth of the regional shipbuilding industry, expansion of efficient yacht engine technologies, and an increase in maritime trade activities in the region.

In addition, yacht engine functions as a primary or auxiliary power source for vessels. They are generally utilized for heat engines for converting heat, which is produced by burning fuel, into useful work, i.e., developing thermal energy and transmuting it into mechanical energy. Recently, the global marine engine market is registered by Asia-Pacific followed by Europe, North America, and LAMEA. Europe is projected to maintain its ascendency in the global market as the region is one of the greatest markets for marine/shipping. Moreover, surge in shipbuilding activities is propels the growth of this market.

Aspects such as augment in international marine freight transport, high requirement for two stroke marine engines, augment in water sports and leisure activities are predicted to drive growth of the yacht engine market. However, growth in implementation of fully electric vessels and fluctuations in transportation and inventory costs limitations the market growth. Conversely, growth in implementation of dual fuel-based marine engines and development of engine technology are predicted to propose the lucrative growth opportunities for market players.

The effective growth in government regulations connected to emission norms and customer requirement for fuel efficient and cost-effective engines fuel requirement for duel fuel engine, which is projected to fuel growth of the global yacht engine market in future. Therefore, it is predicted that during the near period the market of yacht engine will propel more proficiently over the assessed period.

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Global Yacht Engine Market

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UAE Fitness Equipment Market - Outlook, Analysis, Growth rate, Share, Size, Demand Forecast 2026

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The market size on the basis of revenue generated is expected to grow at a five-year CAGR of ~XX% by 2026 with USD XX Million revenue. It is anticipated that fitness equipment industry will grow at a substantial rate owing to factors such as surging urbanization, rising prevalence of population with obesity and chronic diseases due to unhealthy lifestyle, establishment of organized fitness centers with diversified services along with increasing government initiatives and corporate wellness programs.

The market is poised to gain significant traction with the rise in the number of health clubs and fitness centers incorporating advanced equipment catering to the changing health patterns and consumer demands.

On the other hand, high set up or installation cost of devices or equipment and rising demand for resale of used fitness equipment for saving cost are estimated to obstruct the market’s growth within the above-mentioned forecast period.

Research Methodology

Market Definitions and Assumptions:

• 'UAE Fitness Equipment Market': Fitness equipment market is defined as the revenue generated through sales of all types of mechanical and non-mechanical devices and apparatus used during physical activity, which directly or indirectly enhance the strength, conditioning and accessibility of the user. Fitness equipment can be classified into two broad categories: Cardiovascular Equipment and Strength Training Equipment. Fitness consumables such as accessories (belts, gloves), resistance bands, steppers, etc have not been included as a part of the market.
• Cardiovascular equipment: is defined as primarily mechanized devices used to lose weight, enhance stamina levels and reduce stress. Some examples are – treadmills, stationary cycles, rowing machines, elliptical machine and stair climbers.
• Strength training equipment: is defined as the set of mechanized and non-mechanized devices used to enhance physical strength and build muscles. Some examples are – dumbbells, kettlebells, barbells, weight plates, benches and body part specific weight training machines.
• Fitness centers and Health Clubs: are defined as commercials establishments, which house fitness equipment for physical activities. Private Fitness Centers and Health Clubs are used for personal purposes or for the internal use by residents of housing complexes. Commercial Fitness Centers and Health Clubs offer paid services on a pay-per-use or paid subscription basis.
• Fitness equipment distributors: are defined as business that procure products directly from manufacturers in the same geography and sell them directly to end users via retail outlet or to other retailer.
• Importers on the other hand are businesses, which procure products from manufacturers or suppliers in other geographies for the purpose of wholesale or retail distribution.
• Establishments: Number of Establishments are inclusive of all Commercial Gym Centers(Exclusive Gym Centers, Popular and local Gyms), Hotel Gyms, Gyms in Compounds and Residential Townships and Universities present in UAE.
• Commercial A Gym Centers: are Exclusive/ Boutique Gyms providing Unique Class Concepts, Personal Customised Training and more individual attention to the clients.
• Commercial B Gym Centers: are Popular Fitness Centers having Branches at Multiple Locations all over UAE. They have generally Huge target Audience and Provide Multiple Fitness training with Class Schedules.
• Commercial C Gyms: are Local Gyms and Fitness Centers that have access to limited Gym Equipments and have 1-2 branches all over the country.
• Hotels includes all the Hotels gyms that provides gym access to outsiders apart from their in-house guest through monthly, quarterly, half yearly and annual memberships.
• Compounds and Universities will not generate Revenues as they are maintained by residential communities and university authorities. The gym facility is provided as an additional service to the members and the fees is included in the maintenance charges and college fees.

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Market Sizing Approach:

• Hypothesis Creation: After analyzing the major industry factors a hypothesis is framed about the market size based on reports from magazines, journals, online articles, government, market association, industry articles and many others. We have used both public and proprietary databases to define the market and collect data points about the same.
• Hypothesis Testing: The research team conducted computer assisted telephonic interviews (CATIs) with several industry professionals such as Fitness Equipment Distributors, Commercial Gym Center Procurement Managers, Equipment Manufacturers and Others to collect their insight and industry pattern about Fitness Equipment market.
• Future Forecasting Methodology: The outlook of industry estimated was further sanity checked with respect to the interviews conducted with industry veterans, gym managers and C-level executives regarding all the important parameters of the fitness industry.Market Assessment:

To derive the revenue of the Fitness Equipment Market in UAE, our team followed a streamlined approach which has been described below:

• Primary interviews across UAE with Fitness Centres, Hotel Establishment, Real Estate Agents, Universities and other Industry Veterans etc. through CATI Mode. In this method, interviews are carried out by telephone and are guided by a questionnaire displayed on the screen of a computer. The interviewer records answers via the keyboard to correspond with the pre-coded responses displayed on the screen. The advantage of this method is that, there would be high accuracy as participants can clear their queries related to any questions and we can probe them on answers within the interview on a real time basis which would eliminate any chance of incorrect responses or biasness.
• We ensure that all the questions have been duly inculcated and the desired outcome is achieved post the completion of the process.
• The interview comprised of both subjective as well as objective questions to understand the industry challenges, growth drivers, price points, margins, overall market scenario and other relevant details.

Limitations and Future Conclusion:

• Since the sports equipment market is import oriented with almost negligible share of domestic manufacturing, all the products are imported through multiple distributors and retailers in UAE. In this case, it is difficulty to sanity check the market and understand the total workforce involved in the fitness equipment industry. Hence, estimations have been provided based on the interviews conducted with multiple distributors in UAE.
• The fitness market is highly fragmented with multiple franchise and non-franchise outlets all across UAE providing multiple services and membership packages. For pricing analysis, we have considered single membership option which give access to all the activities and classes in the gym. Similar case has been considered for hotels and resorts gyms.
• As the number of gyms in all establishments is quite high, we have considered 10-15% of the sample and conducted telephonic interviews as reaching out to each centre/ gym was out of scope of the analyst. Based on the information gathered from the sample, estimations have been provided in the research.
• The conclusion regarding the expected value of ‘UAE Fitness Equipment Market’ is determined by using weighted average of the output of subjective judgment, primary research and opinions polls. The weighted average method enables us to filter out the possible noise in each computation method and helps us to derive the best possible future projections.

UAE Fitness Equipment Market

• By Type of End User
• Commercial Fitness Centers and Health Clubs
• Private Fitness Centers and Health Clubs
• Office and Hotels
• Universities

• By Location of Manufacturing
• Foreign
• Domestic

• By Type of Customer
• B2B
• B2C

Key Target Audience

• Manufacturers
• Distributors
• Retailers
• Importers
• Private Fitness Centers
• Commercial Fitness Centers
• Healthcare Facilities
• Hotels and Resorts

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026F

• Major Universities
• United Arab Emirates University
• American University of Sharjah
• University of Sharjah Abu Dhabi
• University Zayed University
• Khalifa University
• New York University Abu Dhabi

Key Topics Covered in the Report

• Socio-economic Landscape of UAE
• Overview of UAE Fitness Equipment Market
• Ecosystem of UAE Fitness Equipment Industry
• Operating Model of Fitness Equipment Distributors in UAE
• Market Size of UAE Fitness Equipment Industry (Market Revenue and Growth rate)
• Market Size of UAE Fitness Equipment Industry on the basis of Offline Fitness Equipment Industry assessment
• UAE Fitness Equipment Industry segmentation (By Type of End User, By Location of manufacturing, By Type of Customer)
• Cross Comparison of Major Distributors (Revenue Generated, No of Employees, Overall Sales Volume (Units), Countries Served, Revenue Split)
• Company Profile of Major Distributors (Company Profile, Revenue Streams, Type of Customers, Services Offered, Major Clientele, Key Partnerships, Strengths)
• SWOT Analysis
• Industry trends and developments
• Direct and Indirect Economic Impact of Fitness Industry in UAE
• Trade Scenario By Value in Million USD
• Government Initiatives
• Impact of COVID-19
• End User Analysis: Key Demand Clusters for Fitness Equipment
• Identifying the Customer Cohorts in Health and Fitness Market
• Customer Mindset for Fitness in the UAE
• Customer Decision making factors for Fitness Centers
• Target Addressable Market and Service Addressable Market in UAE Health and Fitness Industry
• Analyst Recommendation
• Industry speaks

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

UAE Fitness Equipment Market Outlook to 2026

Related Reports by Ken Research: -

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

Fitness Equipment Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

At-Home Fitness Equipment Market: Global Market Size, Forecast, Insights, and Competitive Landscape

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