Qatar Fitness Services – Industry Analysis, Trends, Share, Growth Rate And Forecast 2021-2027

The report titled “Qatar Fitness Services Market Outlook to 2025F – Driven by increasing health concerns resulting in addition of number of health clubs and gyms” provides a comprehensive analysis of the fitness industry of Qatar. The report covers various aspects including the Market Size, Current Penetration, Total Number of Establishment, Total Number of Active Members, Direct Economic Impact and Indirect Economic Impact, Socio Economic Implications, Consumer Preferences and Trends Analysis, Major Trends and Development, Government Initiatives and COVID Impact. The report concludes with market projections for future of the industry including forecasted industry size by revenue.
Qatar Fitness Services Market

The fitness market in Qatar has witnessed strong growth with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. Rise in Personal Disposable Income, High Rates of Obesity, Rising Awareness about Health & Fitness, Increased Investment in Ladies Fitness Centres, Government Initiatives and to overcome health issues such as diabetes and cancer has been the major key factors which drives the demand for fitness services centers in Qatar.

Analyzing the Direct Economic Impact of Fitness Industry in Qatar

The Qatar fitness Industry has expanded significantly over the last decade with several fitness centre chains securing a key market foothold across the country. It is characterized by a high proportion of part‐time employment with majority of staff employed on a casual or part‐time basis.

Commercial Gyms: The rise of female-only fitness centres, online fitness apps along with growth in boutique gyms are driving the commercial fitness market in the country. Commercial Gyms generated more than ~% revenue in Qatar Fitness Market and is expected to grow ~% CAGR during the forecasted year

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Hotels/Resorts: Majority of the Luxury Hotels and Resorts in Qatar have well-equipped gyms offering special memberships to the public. Increased guest counts due to upcoming events such as FIFA 2022 combined with a growing desire for maintaining healthy lifestyles and enjoying unique experiences while traveling will result into growing hotel based fitness centres in Qatar.

Schools/Universities: 75%-80% of the Universities in Qatar have well equipped gyms either on campus or hostel for the students who aspire for physical well-being thus promoting an active healthy lifestyle with separate timings for men and women or separate gyms based on gender to increase the female participation rate.

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Residential Townships/Compounds: A number of large apartment buildings in Qatar have a fitness center on their premises following the trend of combining fitness and convenience. The closure of public gyms, fitness centers and clubs since COVID 19 has led to an astounding demand for residential/community gyms.

Medical Fitness Centres and Others: Most medical fitness & wellness centers offer a variety of services like physical therapy, massage, and health related workshops open to the community and have professionals that are well aware of providing individualized programs for people with medical conditions.

Assessment of the Indirect Economic Impact of Fitness Industry in Qatar

The fitness market has a ripple effect on other sectors such as fitness equipment industry, construction, real estate, apparel and footwear and technology. Sedentary lifestyle, limited or no time for physical activities, and consumption of junk food are responsible for obesity which is compelling people to resort to physical workouts, thereby expanding the fitness equipment market size. It is based on imports from international players of various countries such as USA and China and distributed to various end users. Fitness Machine, Exercise Equipment, Treadmill & Cardio Equipment are the bestselling equipment.

Assessment the Socio-Economic Implications for Fitness Industry in Qatar

Qatar has been facing many healthcare challenges due to sedentary lifestyle such as Ischemic Heart Disease, Diabetes, Obesity and Mental Illness. Assuming a significant percentage of the population affected with lifestyle diseases goes to a fitness centre, the estimated savings in direct health care costs from Qatar’s fitness centres is $168.1 Mn in a year from the avoided costs of diabetes and cancer along with increase in workforce participation and increase in workforce productivity 12.4% and 35% respectively.

Qatar Fitness Market Future Outlook and Projections

The fitness market in Qatar is expected to experience double digit growth with employment level expected to rise substantially with the growth of fitness centres establishments along with increasing active members in the country. Rising Affluence of middleclass upgrading their consumption lifestyle to opt for luxury services will encourage Hotels & Compounds to incorporate fitness centres in their properties. Focus towards digital classes and offering group classes exercises which includes Pilates, Cross fits, Zumba, Aerobics, Martial Arts and many others will be key to success for independent gyms.

Key Segments Covered in Qatar Fitness Market

Direct Economic Impact of Fitness Centres

Overview of Commercial Gyms in Qatar 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

Qatar 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 Qatar

Direct and Indirect Economic Impact of Fitness Industry in Qatar

Overview of Commercial Gyms in Qatar Health and Fitness Market

Snapshot of Digital Fitness Market in Qatar

Assessment of the Indirect Economic Impact of Fitness Industry in Qatar

Qatar Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Assessment of the Indirect Economic Impact of Fitness Industry in Qatar

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 Qatar

Future Outlook and Projections for Qatar Fitness Services Market

White space and Opportunities existing in the Qatar Fitness Services Market

Research Methodology

For more information on the research report, refer to below link:

https://www.kenresearch.com/healthcare/general-healthcare/qatar-fitness-services-market/479037-91.html

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