Press release
Fitness and wellness are not just fashionable today, but many individuals have realized the importance of physical activity and playing a sport in Bahrain's Fitness Services Market: Ken Research
Driven by rise in consumer awareness, covid pandemic and influence of social media in the Bahrain fitness services market.Consumers Favor Health over Convenience: There are many factors that have played a part in the health and fitness industry becoming the mammoth sector that it is today. One major element remains at the core of this growth, and that is a dramatic shift in consumer behavior to favor health over convenience. Consumers are now more informed than ever and are showing their values through their purchasing decisions. The future of the fitness industry looks bright and no doubt consumer needs and innovative approaches to training will continue to fuel growth in the market.
Impact of COVID-19 Analysis on Online and Offline Fitness Market: The global online/virtual fitness market has witnessed significant growth in past few years. Due to the outbreak of the COVID-19 pandemic, the market witnessed a sudden rise in 2020 as the larger number of the global population was working out daily at their homes using virtual/online fitness platforms. This was attributed to the implementation of lockdown by governments in majority of the countries and the shutdown of gyms and fitness clubs across the world to prevent the transmission of virus. The online fitness market is projected to prosper during the COVID-19 pandemic as well as in the upcoming years post pandemic. Growing popularity of online or virtual fitness programs among older adult age group due to their growing focus on health & fitness is expected to further drive the growth of the virtual fitness market in the upcoming years.
Influence of social media on fitness industry is huge: It only takes one scroll through social media so see how the effect it's had on the fitness industry. On Instagram alone, the hashtag #fitness has over 300 million posts. Brands are partnering up with social media influencers and celebrities and have become a major driving force behind the growth of the health and fitness industry. Social media fitness influencers are an incredibly powerful force when it comes to advertising in the fitness industry. Whether it's products, services or fitness centers, social media has given marketers' the ability to reach so many people.
Analysts at Ken Research in their latest publication "Bahrain Fitness Services Market Outlook to 2027F- By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month), By Session Type (Group, Solo) and By Gender (Female, Male)." observed the potential of the Fitness Services market in Bahrain. A large number of Fitness Services companies are operating in the Bahrain Fitness Services Market. These companies compete on various strengths such as pricing of the service offered, amenities, hygiene, presence on social media platforms etc. The Bahrain Fitness Services Market is expected to grow at CAGR of ~% over the forecasted period i.e., 2022-2027F.
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Key Segments Covered in the report
Bahrain Fitness Services Market
By Type of Market:
Organized Market
Unorganized Market
By Source of Revenue:
Membership Fee
Personal Training
By Payment Method
Card
Cash
Bank Transfer
Digital wallet
Others
By Subscription Period:
1 Month
3 Month
6 Month
12 Month
By Session Type:
Group
Solo
By Gender:
Female
Male
Key Target Audience
Fitness Equipment Manufacturers
Fitness Equipment Distributors
Fitness Centers
Government Organizations
Investors
Industry Associations
Consulting Agencies
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Time Period Captured in the Report:
Historical Year: 2017-2022P
Base Year: 2022P
Forecast Period: 2022P- 2027F
Companies Covered:
The nourishers
UFit-Ltd
GoFit
Tamarran
Qongfu
FIT Gym & Spa
Cobra Fitness
F45 Training
Grip Fitness Center
HV Holistic
Reps Fitness Studio
Ride Nation
Key Topics Covered in the Report
Socio-Economic Landscape of Bahrain
Direct and Indirect Economic Impact of Fitness Industry in Bahrain
Overview of Commercial Gyms in Bahrain Health and Fitness Market
Snapshot of Digital Fitness Market in Bahrain
Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
Bahrain Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
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 Bahrain
Future Outlook and Projections for Bahrain Fitness Services Market
White space and Opportunities existing in the Bahrain Fitness Services Market
Research Methodology
For more insights on the market intelligence, refer to the link below: -
https://www.kenresearch.com/healthcare/general-healthcare/bahrain-fitness-services-market-outlook-to-2027/596313-91.html
Related Reports by Ken Research: -
https://www.kenresearch.com/healthcare/general-healthcare/vietnam-fitness-services-market/214916-91.html
https://www.kenresearch.com/healthcare/general-healthcare/indonesia-club-fitness-equipment-market-research-report/11402-91.html
https://www.kenresearch.com/healthcare/general-healthcare/qatar-fitness-services-market/479037-91.html
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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