The market for KSA Fitness is set to gain ground with the increase in the number of fitness clubs incorporating state-of-the-art equipment responding to changing health habits and consumer demands: Ken Research

GURUGRAM, India, 22 December 2021 / PRNewswire / – Saudi Arabia News

  • The market is expected to show double-digit growth @ 20.8% CAGR due to the growing popularity of digital fitness apps and the expansion of women-only fitness centers in the country.
  • The digital fitness apps market is expected to grow at a CAGR of 22.1% and contribute $ 164.6 million Revenues as fitness centers offer online classes and integrate fitness apps for home workouts.
  • The market is poised to gain ground with the increase in the number of health clubs and fitness centers incorporating state-of-the-art equipment responding to changing health habits and consumer demands.

Diversification of services: Market growth would be facilitated by the increase in the number of value-added services such as Pilates, Zumba, Martial Arts, Spa, Jacuzzi, salon, aquagym, yoga and others.

Growth of Women’s Fitness Center: The expansion of women-only fitness centers such as Fitness Time for Women and the opening of a few low budget fitness chains such as Profit Gym will reduce annual fees charged and increase member penetration in Saudi Arabia.

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Growth of fitness centers in hotels: The opening of additional five-star properties or the expansion of star hotels such as Radisson and Hyatt will positively affect the market. Around 163 hotel projects (72 five-star hotels and 91 four-star hotels) with 72,617 rooms will open their doors across the Kingdom of Saudi Arabia.

Government initiatives: Government initiatives such as the “Your Home, Your Gym” campaign should encourage citizens to work out at home and share their videos online, adopt healthier lifestyles and create supportive communities.

The report titled KSA Fitness Services Market Outlook to 2025F – Driven by Technological Innovations and Inventive Training Approaches as well as the Adoption of a Hybrid Model by Fitness Centersby Ken Research suggested that growing awareness of the health benefits, increasing disposable income, the rise of low budget gyms, and the growth of female-only fitness centers were the main key factors driving the the demand for fitness service centers in Saudi Arabia. The market is further expected to register a positive five-year CAGR of 20.8% in terms of revenue during the forecast period 2020-2025.

Key segments covered by the KSA Fitness market: –

Direct economic impact of fitness centers

  • Overview of commercial gyms in Saudi Arabia 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 townships / residential complexes
  • Overview of fitness centers in hospitals
  • Overview of fitness centers in sports clubs and government. Organizations

Indirect economic impact of fitness centers

  • KSA Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Estimated cost of building a fitness center

Key target audience: –

  • Fitness equipment manufacturers
  • Fitness equipment distributors
  • Fitness centers
  • Government organizations

Period captured in the report: –

  • Historical period: 2015-2020
  • Forecast period: 2020-2025

Key topics covered in the report: –

  • Socio-economic landscape of Saudi Arabia
  • Direct and indirect economic impact of the fitness industry in Saudi Arabia
  • Overview of commercial gyms in Saudi Arabia health and fitness market
  • Overview of the digital fitness market in Saudi Arabia
  • Assessment of the indirect economic impact of the fitness industry in Saudi Arabia
  • KSA Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Assessment of the indirect economic impact of the fitness industry in Saudi Arabia
  • Overview of health care scenarios / health statistics
  • Potential health implications and health cost reductions
  • Client mindset for fitness services
  • Impact of COVID 19 on the fitness industry in Saudi Arabia
  • Outlook and Future Projections for KSA Fitness Services Market
  • White space and existing opportunities in the KSA fitness services market
  • Research methodology
  • Saudi Arabia Fitness Service Industry
  • KSA Fitness Services Market Sales
  • KSA Fitness Services Market Impacts Covid-19
  • Fitness centers in KSA schools and universities
  • Fitness Centers at Hospitals Saudi Arabia
  • Fitness centers in sports clubs and government organizations KSA
  • Digital fitness market in Saudi Arabia
  • KSA Health and Fitness Market
  • KSA Fitness Equipment Manufacturers
  • Distributors of KSA fitness equipment
  • KSA Fitness Penetration Member
  • Commercial gyms in Saudi Arabia health and fitness market
  • Fitness centers in hotels and resorts
  • Fitness centers in KSA hotels and resorts
  • KSA Fitness Technology Disruptions
  • KSA Fitness Equipment Market
  • Residential gyms Saudi Arabia
  • KSA Medical Fitness Centers
  • Lifestyle Disease Saudi Arabia

For more information on the research report, refer to the link below: –

Saudi Arabia Fitness Services Market

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