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Israel Fitness Services - Industry Analysis, Size, Demand Forecast 2021- 2027

12-07-2021 08:06 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Israel Fitness Services - Industry Analysis, Size, Demand

Variety of Service Offerings: Major fitness chains such as Lunge Studio and Sky Gym offers a variety of services such as measuring the percentage of fat, muscle mass, abdominal fat, weekly weighing and more and accordingly composes the training and menu for an individual.

University Based Fitness Centres: Majority of the universities in Israel have separate fitness centres in hostels or on campus with separate timings for men and women or separate gyms based on gender to increase the female participation rate. The universities usually charge a separate membership charge of $10-$15 per month amounting to approximately $140.0 annually above the curriculum fees

Geographical Concentration: Majority of the fitness centres in Israel are clustered in prime locations near Jerusalem and Tel Aviv targeting high-class consumers with increased per capita spending in these cities. A vast number of the hotels with fitness centres are also concentrated in Jerusalem (presence of more than 25% hotels with fitness centres) followed by Tel Aviv, Haifa, Dead Sea and Eilat.

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Impact of COVID 19: The closure of public gyms, fitness centers and clubs since COVID 19 has led to an astounding demand for residential/community gyms and are by far the highest motivating factor for joining and going to a gym due to the social interactions. Majority of the apartments in Israel provide a wide range of amenities such as swimming pools, sauna and courts along with well-established fitness centres.

The report titled “Israel Fitness Services Market Outlook to 2025F – Driven by the Growing Awareness for a more Balanced Lifestyle along with the Addition of State-of-the-Art Gyms in the country” by Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing awareness of health benefits, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as cardiovascular diseases along with growth of female only fitness centers has been the major key factors which drives the demand for fitness services centers in Israel. The market is expected to register a positive five year CAGR of 18.4% in terms of revenue during the forecast period 2020-2025F.

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Direct Economic Impact of Fitness Centres

Overview of Commercial Gyms in Israel 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

Israel 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

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Time Period Captured in the Report:

Historical Period: 2015-2020

Forecast Period: 2020–2025

Key Topics Covered in the Report

Socio-Economic Landscape of Israel

Direct and Indirect Economic Impact of Fitness Industry in Israel

Overview of Commercial Gyms in Israel Health and Fitness Market

Snapshot of Digital Fitness Market in Israel

Assessment of the Indirect Economic Impact of Fitness Industry in Israel

Israel Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Assessment of the Indirect Economic Impact of Fitness Industry in Israel

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 the Israel

Future Outlook and Projections for Israel Fitness Services Market

White space and Opportunities existing in the Israel Fitness Services Market

Research Methodology

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

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Ken Research
Ankur Gupta, Head Marketing & Communications

Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49
Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

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