Press release
UAE Fitness Services Market- Growth, Trends, Covid-19 Impact & Forecasts: Ken Research
Commercial gyms are becoming more diversified, with boutique studios & growth of ladies only fitness centres contributing to its rapid growth
Focus towards offering group classes exercises which includes Pilates, Cross fits, Zumba, Aerobics, Martial Arts and many others will be key to success for independent gyms.
Increase in demand of REPs certified personal trainers among customers of fitness centers in both organized and unorganized fitness center market would lead to revenue growth for fitness centers.
Digital Fitness and At- Home workouts will gain traction in the near future as majority of the population intend to make virtual classes a regular part of their routine post pandemic.
Evolution of Consumer Preferences: Catalyzed by the pandemic, awareness of exercise has increased rapidly with consumers shifting towards virtual classes such as using pre-recorded video and livestream classes to carry out their exercises. Leading tech-giants are collaborating with market leaders in the fitness industry to foray into the market as consumers are inclined toward digital fitness subscriptions than traditional gym memberships.
Growth in Number of Establishments: Growing interest in fitness among the middle class along with the rise of lower-cost alternatives such as Gym Nation, Metro Fitt, and Snap Fitness is expected to disrupt the industry.
Impact of COVID 19: Increasing health awareness post COVID along with significant growth in all women gyms as rules are liberalized for women in UAE will increase active participants in fitness centers. As outdoor exercise avenues such as gyms and fitness centers have closed or are offering restricted access, indoor exercise options are leading customers who are fitness oriented towards at-home alternatives for a healthy and active lifestyle.
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The report titled "UAE Fitness Services Market Outlook to 2025F (Second Edition) - Driven by increasing health concerns resulting in addition of number of health clubs and gyms in the country" by Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing health conscious population, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as diabetes, hypertension and cardiovascular diseases has been the major key factors which drives the demand for fitness services centers in UAE. The market is expected to register a positive five year CAGR of 10.9% in terms of revenue during the forecast period 2020-2025F.
Key Segments Covered in UAE Fitness Market
Direct Economic Impact of Fitness Centres
Overview of Commercial Gyms in UAE 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
UAE Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Estimated Cost of Constructing a Fitness Centre
Technological Disruptions for Fitness Centres in UAE
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Key Target Audience
Fitness Equipment Manufacturers
Fitness Equipment Distributors
Fitness Centres
Government Organizations
For more details @ https://www.kenresearch.com/healthcare/general-healthcare/uae-fitness-services-market/479040-91.html
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2020-2025
Key Topics Covered in the Report
Socio-Economic Landscape of UAE
Direct and Indirect Economic Impact of Fitness Industry in UAE
Overview of Commercial Gyms in UAE Health and Fitness Market
Snapshot of Digital Fitness Market in UAE
Assessment of the Indirect Economic Impact of Fitness Industry in UAE
UAE Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Technological Disruptions for Fitness Centres in UAE
Assessment of the Indirect Economic Impact of Fitness Industry in UAE
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 UAE
Future Outlook and Projections for UAE Fitness Services Market
White space and Opportunities existing in the UAE Fitness Services Market
Research Methodology
For More Information on the Research Report, refer to below links: -
https://www.kenresearch.com/healthcare/general-healthcare/uae-fitness-services-market/479040-91.html
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