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GURUGRAM, India, September 6, 2018 /PRNewswire/ —
Expanding service portfolio with launch of fitness services centres in both organized and unorganized fitness services sector, rising cases of diseases such as heart problems, asthma, and diabetes, along with increasing rate of obesity rate are the major factors driving the market growth. The fitness services market in Saudi Arabia has also boomed majorly due to ease in the laws for women; Women specific gyms have now opened and are witnessing tremendous growth since 2017.
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Saudi Arabia youth population has increased at a steady pace over the review period (2012-2017), which has resulted into a significant increase in the fitness centre going population. Arabia fitness services market has witnessed a tremendous growth in the past few years witnessing a strong double digit CAGR from 2012 to 2017. Rapidly rising obesity rate, heart problems, and increase in the consciousness about the personal health have propelled momentum to the market. The demographic profile of the country has also changed over the years, which has resulted as a supporting factor to this industry. Gyms membership has been the largest revenue generating segment in Saudi Arabia. The revenue generated by personal training has particularly been benefitted by the continuous growth in the demand for qualified fitness professionals and requirement of certification courses in the country. Personal Trainers have acquired revenue share of slightly over 20% in the total Saudi Arabia fitness services market size in 2017. Numerous new gyms have been sprouting in various governorates in Saudi Arabia. The growth of population driven by health and fitness norms, the initiative of the government of opening more parks, cycling lanes, and running lanes for the public to support and promote active lifestyle has brought about a positive change in the mentality of people towards fitness which has increased participation of people in gyms.
Riyadh has accounted for the maximum number of organized fitness centers in KSA, primarily for being the commercial capital of the country. It is followed by Makkah mainly because of the urban and wealthy population live in this region. This set of audience usually prefers a healthy lifestyle and has the resources to spend on fitness services. Hence, major fitness centers place high preference to location around these two provinces. These regions are followed by Dammam and Medinah in 2017. Other regions include Tabuk, Asir, Jawf, Hail, and Jizan.
Males have undoubtedly dominated the fitness service market. The market for fitness services had been majorly driven by the country’s male population. Approximately 70% of the individuals who attended gyms in 2017 were males while the rest 30% were females. The rationale behind this can be attributed to the societal norms associated with women in Saudi Arabia. With conservative norms still in place especially for women in Middle Eastern countries, the proportion of women attending fitness services has been low. However, with the changing lifestyle, trends, mentality and health consciousness among the population, along with lifting of bans on women population, this scenario is gradually changing. The demand for female specific services and fitness centers has already started picking up and this trend is assumed to continue in the future.
The report titled "Saudi Arabia Fitness Services Market Outlook to 2022 – By Revenue Stream (Gym Membership and Personal Training), by Organized and Unorganized, by Region, Gender and Membership Subscription" by Ken Research suggested a growth at a CAGR of 15.0% in fitness services in Saudi Arabia Fitness Services Market by 2022.
Key Segments Covered
Key Target Audience
Time Period Captured in the Report:
2012-2017 – Historical Period
2018-2022 – Future Forecast
Saudi Arabia Organized Fitness Services Providers:
Saudi Arabia Unorganized Fitness Services Providers:
Key Topics Covered in the Report
For more information on the market research report please refer to the below link:
UAE Fitness Services Market Outlook to 2022 – By Market Structure (Organized and Unorganized), By Subscription Period (1month, 3months, 6months and 1year), By Region (Dubai, Abu Dhabi, Sharjah and others), By Revenue Stream (Membership Fee and Personal Trainer Fee)
The research report provides a comprehensive analysis of fitness services market genesis and overview, market ecosystem, market structure, market size, and market segmentations by Market Structure (Organized and Unorganized), by Subscription Period (1month, 3 months, 6 months and 1 year), by Region (Dubai, Abu Dhabi, Sharjah and others), by Revenue Stream (Membership Fee and Personal Trainer Fee) and by Personal Trainer Market Structure (Organized and Unorganized).
Indonesia Fitness Services & Equipment Market Forecast to 2020 – Product Innovation and Increasing Health Concerns to Shape Future Growth
The report provides a comprehensive analysis of the Fitness Industry in Indonesia. The report covers various aspects such as market size of the fitness services market revenue in terms of number of fitness clubs, personal trainers and subscribers. The segmentation on the basis of market structure – organized and unorganized, top cities, services offered, total area and subscription charges. The report also covers fitness equipment market revenue and segmentation based on end user and type of fitness equipment – cardiovascular and strength training. In addition to this, the report also covers the customer profile in the fitness services market and segmentation on the basis of gender, age, fitness level and income of the consumer.
Qatar Wellness Market Outlook to 2020 – Rising Awareness about health & Fitness and Prevalence in Lifestyle Diseases will drive the Market
The report provides a comprehensive analysis of Wellness market in Qatar. The report covers various aspects such as market size of wellness market, market segmentation by wellness products & services, fitness centers market size, spa/salon centers market size, personal care products market size, skin care market size and segmentation by product categories, customer profile, competitive landscape & market share of major players.
Ankur Gupta, Head Marketing
Ken Research Private Limited
SOURCE Ken Research
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