Fitness Services Equipment Market MENA | Future Analysis MENA Fitness Services Industry - Ken Research - PowerPoint PPT Presentation

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Fitness Services Equipment Market MENA | Future Analysis MENA Fitness Services Industry - Ken Research

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MENA fitness market is undergoing transformation and disruption, with Saudi Arabia and Israel being the two largest fitness markets, contributing more than 50.0% of the Revenues in 2020. MENA Health and Fitness Services Market is still relatively immature compared to other countries such as UK and UK with just 1.4% of the population participating in Fitness Centers. Israel has the highest penetration rate, followed by the UAE and Saudi Arabia. – PowerPoint PPT presentation

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Title: Fitness Services Equipment Market MENA | Future Analysis MENA Fitness Services Industry - Ken Research


1
MENA Commercial Gyms Market Growth MENA Hotel
Fitness Centre Industry Active Members in
Fitness Industry MENA Fitness Market
Contribution in MENA GDP Ken Research November
2021 MENA News MENA fitness market is
undergoing transformation and disruption with
Saudi Arabia and Israel being the two largest
fitness markets contributing more than 50.0 of
the Revenues in 2020 Fitness brands are actively
optimizing their existing business models as the
industry faces disruption by offering
diversified services such as personal training
and group exercise Increase in Prevalence of
Chronic Diseases The prevalence of CVD is 10-15
in Middle East accounting for 34 of all deaths
with 55 Mn adults aged 20-79 years having
diabetes in the region. Also, 1-3 of population
are affected with Cancer in MENA with
Colorectum, lung and breast cancer being the most
prevalent. The exercise services provided
through fitness centres provide preventative
health benefits to customers, essentially
reducing the incidence of chronic diseases
attributable to physical inactivity. Dedicated
Ladies Only Fitness Centres Commercial Fitness
Centers in the MENA region, especially in
countries such as UAE, Saudi Arabia and Qatar are
offering programs that are relevant to women and
to millennial such as Ladies only Fitness
Centres or separate timings for ladies in a
unisex gym are encouraging women
participation. Penetration Rate of Fitness
Centers The MENA Health and Fitness Services
Market is still relatively immature compared to
other countries such as UK and UK with just 1.4
of the population participating in Fitness
Centres. Israel has the highest penetration
rate, followed by UAE and Saudi Arabia. At the
same time, markets such as Egypt, Turkey and
Morocco display considerable market potential
with a penetration rate of less than 1.0.
Factors such as low awareness and high
membership fees restricts people to join a
fitness center 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.
2
The report titled MENA 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
region 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
3
  • has been the major key factors which drives the
    demand for fitness services centers in MENA
    region. The market is expected to register a
    positive five year CAGR of 18.1 in terms of
    revenue during the forecast period 2020-2025F.
  • Key Segments Covered in MENA Fitness Market
  • Direct Economic Impact of Fitness Centres
  • Overview of Commercial Gyms in MENA 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
  • MENA Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate
    Sector
  • Estimated Cost of Constructing a Fitness Centre
  • Key Target Audience
  • Key Topics Covered 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

4
  • 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
  • Egypt Fitness Services Market Outlook To 2025F -
    Driven By Growing Health And Fitness
    Consciousness And Increasing Obesity Among
    Consumers In The Country
  • UAE Fitness Services Market Outlook To 2025F
    (Second Editiion) - Driven By Increasing Health
    Concerns Resulting In Addition Of Number Of
    Health Clubs And Gyms In The Country
  • KSA Fitness Services Market Outlook To 2025F -
    Driven By Technological Innovations And
    Inventive Training Approaches Along With Adoption
    Of Hybrid Model By Fitness Centers
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