Focus on growing health and fitness consciousness, increasing obesity and lifestyle are major factor contributing towards development of Fitness Service Services in Kuwait
Evolution of Consumer Preferences: Catalyzed by the pandemic, awareness of exercise has increased rapidly with consumers shifting towards virtual classes such as using pre-recorded video and livestream classes to carry out their exercises. Leading tech-giants are collaborating with market leaders in the fitness industry to foray into the market as consumers are inclined toward digital fitness subscriptions than traditional gym memberships.
Increase in the healthy lifestyle: As the country’s obesity rate rises, adult health consciousness rises, women’s demand for fitness services rises, and there are more foreign fitness brands operating in Kuwait, the market for fitness services has expanded. The market is now growing and has a strong chance of expanding quickly in the future. Additionally, Kuwait is seeing an increase in tech-enabled high-end fitness solutions, which are frequently supported by cult followings and solid social media profiles.
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Unorganized fitness centers are on the rise: The majority of Kuwait’s total revenue from fitness services has been earned by the unorganized sector. The organized sector, which consists of different organizations including men’s gyms, women’s gyms, mixed gyms, and CrossFit engaged in offering a variety of fitness services, has contributed the remaining market share. Because it is less expensive and more straightforward to start up an unorganized fitness center than an organized one, unstructured centers have been better able to take advantage of this opportunity and enter the fitness business.
Lack of experienced, and skilled trainers: The country’s conservative culture and disregard for female fitness provide a significant barrier for Kuwait’s fitness services sector. Other obstacles in Kuwait’s fitness service business include the country’s extremely fragmented market, a lack of qualified and experienced trainers, and a high startup cost for establishing a facility.
Analysts at Ken Research in their latest publication “Kuwait Fitness Service Market Outlook to 2027F- Segmented by Market Structure (Organized and Unorganized), By Revenue Stream (Membership, Personal Trainer and Supplementary Services), By Subscription (3 months, 6 months, 1 year and others), By Gender (Male and Female), By Age (Below 18 years, 19 to 30 years, 31 to 60 years and above 60 years), By Income Group and By Region” observed that Fitness Service Market in Kuwait is at growing stage. The consumer preferences, online fitness services, female participation and healthy lifestyle with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2022-2027F.
Key Segments Covered in the report:
Kuwait Fitness Service Market
- By Market Structure:
- Organized
- Unorganized
- By Revenue Stream:
- Membership
- Personal Trainer
- Supplementary Services
- By Subscription:
- 3 months
- 6 months
- 1 year
- Others
- By Gender:
- Male
- Female
- By Income Group:
- Below KWD 38,000
- KWD 38,000 to KWD 94,000
- KWD 94,000 to SAR 150,000
- Above KWD 150,000
- By Region:
- Northern Region
- Southern Region
- Western Region
- Eastern Region
- Central Region
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Key Target Audience:
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027F
Companies Covered:
- Fitness First
- Flex Fitness
- Spark Athletic Center
- Flare Fitness
- Al Corniche
- Palms Beach Club
- C-Club
- Platinum Health Club
- Peak Fitness
- Desert Fitness
- Circuit Plus
- Orange Theory Fitness
- Studio X
- Hero Gym
- Steam Gym
- Trim Club
- Hype Gym
- Physique
- Alta Fitness
- Vie Fitness Studio
- 20 7 Fitness Studio
- Hiltonia
- Gold’s Gym
Key Topics Covered in the Report:
- Kuwait Fitness Service Market Introduction
- Kuwait Fitness Service Market Size, 2017-2022
- Kuwait Fitness Service Market Segmentation, 2022
- Growth Driver and Issues in Kuwait Fitness Service Market
- SWOT Analysis and Trends in Kuwait Fitness Service Market
- Snapshot of Personal Training in Kuwait Fitness Service Market, 2022
- Company Profiles of Major Players
- Future Outlook to Kuwait Fitness Service Market
- Analyst Recommendations
Related Reports By Ken Research:
Egypt Fitness Services Market Outlook to 2025F
Algeria Fitness Services Market Outlook to 2025F
Morocco Fitness Services Market Outlook to 2025F
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