Monday, July 1, 2024

MENA Fitness Service Market Growth 2023, Share, Emerging Trends, Key Players, Revenue, Demand, Business Opportunities and Forecast Till 2032: SPER Market Research

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Fitness service is defined as a general fitness or exercise activity delivered by, or under the direction of, a Registered Fitness Professional who possesses qualifications specific to the activity.

According to SPER market research, ‘MENA Fitness Service Market SizeBy Market Structure, By Economic Impact of Fitness Centres, By Revenue Streams, By Membership Subscriptions Packages, By Gender- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the MENA Fitness Service Market is predicted to reach USD 3.31 billion by 2032 with a CAGR of 18.32%.

The number of subscribers will rise as knowledge of the effects of lifestyle-related disorders such as diabetes, high blood pressure, obesity, and other chronic conditions rises. With more health clubs and fitness centres adding cutting-edge equipment to meet shifting customer needs and health trends, the market is positioned to experience significant growth. Additionally, to become more holistic; gyms, clubs, and spas in nations like the UAE and Saudi Arabia are integrating complementary wellness services like physiotherapy, massage, chiropractic care, performance nutrition, genetic testing, and BCA. This is driving up demand for fitness services in the area.

Global fitness giants like Gold’s Gym and Curves are utilizing the franchise model to penetrate the MENA fitness market. The region’s growing youth population, increased health awareness, and evolving fitness center business models are driving demand. Fitness brands are optimizing their models, incorporating behavioral insights into tailored and group sessions. In Morocco, there’s a rise in yoga studios and international yoga events. Qatar’s fitness industry is booming, attributed to the expansion of exchange and budget fitness centers, increased disposable income, high obesity rates, and government initiatives to address health concerns like diabetes and cancer.

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Additionally, the MENA region witnessed a surge in the adoption of digital fitness solutions as the COVID-19 pandemic forced the closure of gyms and workout spaces across countries. Technologically advanced digital fitness apps are expected to yield substantial profits in the future, with Turkey, KSA, and Morocco emerging as top contributors. Budget gyms emphasizing health and fitness played a pivotal role in driving demand. In the UAE, a trend of integrating fitness facilities into large apartment complexes has emerged. Post-COVID, there is a notable rise in demand for home or community gyms, driven by health awareness. The fitness industry is poised for positive growth, fuelled by a health-conscious population, increased disposable income, and a growing focus on overcoming health issues like obesity, diabetes, hypertension, and cardiovascular conditions.

Geographically, the fitness industry in the Middle East and North Africa (MENA) is changing and being disrupted, with Saudi Arabia and Israel accounting for more than half of the revenue. Israel, the UAE, and Saudi Arabia have the greatest levels of penetration in the MENA. Additionally, some of the market key players are Anytime Fitness, Arena, ENERGYM, Flex Fitness, Gold Gym, Gym Nation, Horizon Fitness, Others.

For More Information, refer to below link: –

MENA Fitness Equipment Market Revenue

Related Reports:

KSA Health and Fitness Services Market Size- By Market Structure, By Revenue Stream, By Subscription, By Gender, By Age, By Income Group- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Egypt Fitness Services Market Size- By Gender, By Offering, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

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