KSA News
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 is encouraging women participation in the country.
Rise in Local Gyms and Fitness Clubs: The fitness industry in KSA was once dominated by the wealthy and expats, now a new wave of local gyms and dance and martial arts studios are emerging to serve a fast-rising number of young, less affluent fitness enthusiasts.
Introduction of Fitness Services for Women: Women fitness services centers were under shadowed which was majorly due to the societal norms and government regulations. In February 2017, the regulations related to women joining gyms were eased resulting into tremendous growth in women specific fitness centers in the country.
Transition towards Value Added Services: It has been observed that various existing players (including Men’s Gym, Women’s Gym, and Mixed Gym) have started diversifying their portfolio by providing new value added services including Spa, Sauna, Jacuzzi and others for greater customer satisfaction.
Government Initiatives: KSA Government has launched various programs such as The KSA Women’s Fitness Festival, Quality of Life Program, Vision 2030 and Diriyah Equestrian Festival, in attempts to encourage increased physical activity among population through personalized schemes.
The report titled “KSA 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 growing awareness of health benefits, increasing disposable income, rise of budget gyms and growth of ladies only fitness center has been the major key factors which drives the demand for fitness services centers in KSA. The market is further expected to register a positive five year CAGR of 20.8% in terms of revenue during the forecast period 2020-2025F.
Key Segments Covered in KSA Fitness Market:-
Direct Economic Impact of Fitness Centres
Overview of Commercial Gyms in KSA 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
KSA 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 KSA
Direct and Indirect Economic Impact of Fitness Industry in KSA
Overview of Commercial Gyms in KSA Health and Fitness Market
Snapshot of Digital Fitness Market in KSA
Assessment of the Indirect Economic Impact of Fitness Industry in KSA
KSA Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Assessment of the Indirect Economic Impact of Fitness Industry in KSA
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 KSA
Future Outlook and Projections for KSA Fitness Services Market
White space and Opportunities existing in the KSA Fitness Services Market
Research Methodology
For More Information on the research report, refer to below link:-
Related Reports:-
Follow Us:-
LinkedIn | Instagram | Facebook | Twitter | YouTube
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
