Saudi Arabia Fitness Services Market Is Driven By Increasing Demand for Personal Training, Expanding Geographical Presence, Diversifying Services Portfolio and Entry of Various International Players: Ken Research Analysis

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.

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.

For more information about the report, refer to below link:
https://www.kenresearch.com/healthcare/general-healthcare/saudi-arabia-fitness-services-market/154995-91.html

Key Segments Covered
• Market Segmentation by Market Structure (Organized & Unorganized)
 By Revenue Stream
 By Membership subscription
 By Region (For Organized)
 By Gym Type (For Organized)
• Market Segmentation By Gender (Male & Female)
• Market Segmentation By Revenue Stream (Membership Subscription & Personal Training)
• Market Segmentation By Membership Subscription (12 Months, 6 Months, 3 Months and Others)
• Market Segmentation By Region (Riyadh, Mecca, Madinah, Dammam and Others)

Key Target Audience
• Men’s Fitness Service Centers
• Women Fitness Service Centers
• Mixed Fitness Service Centers
• CrossFit Centers
• Major Fitness Equipment Manufacturers
• Investors

Time Period Captured in the Report:
2012-2017 – Historical Period
2018-2022 – Future Forecast

Companies Covered:
Saudi Arabia Organized Fitness Services Providers: Fitness First, Gold's Gym, Fitness Time, World Gym, Active Time, Arena MMA Fitness, Bodyline VIP center, Central care, Al Manahil, Al Multaka, Interval Plus CrossFit, NuYu, Curves, Spectrum Wellness for Women, Kore, Lava Fitness, Glow Fit, Kinetico, Fit Zone, Pulse Studio, Studio 55, 9 Round, The Power Gym, Body Masters, Muscles Factory, and Fitness Maker
Saudi Arabia Unorganized Fitness Services Providers: G-Fit, Bwell center, Fitness Inn, Areka, Tytans fitness, Iron hill Cross Fit, Fitness World, Marom Club, Rio gym and Others
Key Topics Covered in the Report
• Saudi Arabia Fitness Services Market Evolution and Potential
• Saudi Arabia Fitness Services Market Size And Segmentation
• Emerging Trends and Developments in Saudi Arabia Fitness Service Market
• Issues and Challenges in Saudi Arabia Fitness Services Market
• Customer Pain Points and Decision Making Parameters
• Saudi Arabia Fitness Services Market Government Regulations
• Investment Model for Saudi Arabia Fitness Services Market
• Competitive Landscape of major Players in Saudi Arabia Fitness Service Market
• Saudi Arabia Fitness Services Market Future Outlook and Projections, 2018E-2022E
• Analyst Recommendations
• Macroeconomic Factors in Saudi Arabia Fitness Services market

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.

This release was published on openPR.