According to SPER Market Research,A noticeable emphasis has been placed on creating women’s facilities in the Kingdom as a result of the General Authority of Sports’ positive ruling. By constructing female-only gyms, many fitness industry firms are now concentrating a sizable portion of their future strategy on taking advantage of the expanding Female Fitness category. Specialized and concept fitness facilities have received attention, with CrossFit, Kickboxing, HIIT, and Zumba among the most popular workouts among gym patrons nationwide. The government’s initiative to establish additional parks, cycling and running lanes for the public to support and promote active living has brought about a good change in the perception of people toward fitness. The increase of the population driven by health and fitness norms. The rise in the number of gyms and fitness centres around the nation serves as a visual representation of this.
KSA Fitness Services Market Overview:
- Forecast CAGR (2022-2032): XX%
- Forecast Market Size (2032): XX billion
Due to the rising popularity of digital fitness applications and the proliferation of fitness facilities in the suburbs, the fitness market in KSA is predicted to have a double-digit CAGR. Future tailwinds include the expanding obese population, rising personal training demand, geographic expansion of large fitness centers, and diversified service offerings. Health awareness and an increase in women-only fitness facilities would support market expansion.
Impact of COVID-19 on the Saudi Arabia Fitness Services Market:
Value-added services like free membership freezes, couple discounts, free showers, saunas, and spas will eventually help fitness firms target a wider range of customer demographics and increase the penetration rate of fitness services in the nation. Although the Covid crisis has an impact on the short- and long-term viability of business for gyms in the Kingdom, many fitness centers’ long-term development plans will be temporarily put on hold. The Saudi Arabian fitness services market is anticipated to grow at a rising CAGR over the next years. In order to stem the spread of the novel coronavirus, the COVID-19 pandemic altered the landscape of health and fitness clubs, forcing their closure not just in Saudi Arabia but also elsewhere in the world. Moreover, lockdown procedures are being used as a result of COVID-19 spreading around the nation, which is once more forcing the temporary closure of these establishments. Although the country’s fitness club revenues were down, some well-known organizations nonetheless managed to grow their operations through difficult times to boost their revenues, which declined in COVID.
KSA Fitness Services Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 9 Round, Active Time, Areka, Arena MMA Fitness, Body Masters, B-Well Center, Curves, Fit Zone, Fitness First, Fitness Inn, Fitness Maker, Fitness Time, Fitness World, G-Fit, Glamour Fitness, Glow Fit, Golds Gym, Interval Plus Crossfit, Iron Hill Crossfit, Lava Fitness, Muscles Factory, Pulse Studio, Rio Gym, Spectrum Wellness for Women, Studio 55, The Power Gym, Tytans Fitness, Wazen Gym, World Gym.
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Saudi Arabia Fitness Services Market Segmentation:
By Revenue Stream: Based on the Revenue Stream, Saudi Arabia Fitness Service Market is segmented as: Membership Fees, Personal training and Instruction Services, Other Revenue Streams.
By End User: Based on the End User, Saudi Arabia Fitness Services Market is segmented as: Men, Women.
By Region: This report also provides the data for key regional segments of Saudi Arabia; West, Centre, North, South, East.
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