Press release
4 Catalysts that will make UAE Fitness Equipment Market a USD 110 Mn market by 2026. Will UAE be able achieve that mark?: Ken Research
Other Challenges in UAE Fitness Equipment Market Industry:
https://www.kenresearch.com/healthcare/general-healthcare/uae-fitness-equipment-market-outlook-to-2026/524044-91.html
1. Wellness tourism industry, increasing expat population along with growth in youth inhabitants drives the fitness equipment market.
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With UAE emerging as the major leisure and entertainment hub a massive growth is seen in the wellness tourism industry wherein tourist is concerned in maintaining their daily fitness routine during their stay in UAE. Additionally, with influx of a foreign population over the last decades there has been a considerable change in the pattern of lifestyle due to shift in ideology from conservative to open-minded wherein people are more willing to indulge in fitness activities along with major concerns towards women fitness. Also, rapid urbanization in the region complements the demography change as consumers are shifting to urban cities for better job opportunities and with the increasing financial stability of consumers leads them in availing fitness services and purchase home based equipment for continuing fitness activities as per their convenience.
2. UAE has been a leading example in promoting healthy lifestyle as a community.
Government of UAE aims to increase community awareness about the importance of physical activity and boost community's capability to adopt healthy lifestyles, create a supportive healthcare environment. Moreover, regular conduction of Wellness, Health and Fitness Events in the UAE fuels the cause of government to promote healthy lifestyle among the residents. This also include establishing the UAE well-being Model for Residential Communities, implementation of a Community Wellbeing Nutrition Program and adoption of the Community Program for Active Lifestyle.
3. UAE is the net importing country of fitness equipment with imports valued at USD ~120 Mn, 2020.
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Majority of the equipment's are imported from countries such as China, US and Italy, with China being the major importer of the fitness equipment in UAE. Also, post-pandemic number of imported fitness equipment's escalated to USD ~120 Million in 2020. Moreover, rising disposable income of the country has led to cumulative increase in imports. Furthermore, increase in foreign population (Expatriates) has led influenced the overall population of UAE to follow latest trends and standards of living which has upscaled the demands of latest fitness equipment's which can be availed from the foreign countries.
4.AKI Fitness is dominating the market by providing high-end Fitness Equipment and solutions in UAE with brand partnership with Life Fitness.
AKI Fitness is dominating the market by providing high-end Fitness Equipment and solutions in UAE with brand partnership with Life Fitness. It is the official distributor for Life Fitness and Concept2 across UAE. It records the highest annual sales of USD 12 Million in 2021 as fitness equipment distributor in the UAE. Also, BeFit is AKI Fitness own retail brand. All these collaboration between major companies helps the industry to grow further.
Key Segments Covered in UAE Fitness Equipment Industry
UAE Fitness Equipment Market
By Type of End User
Commercial Fitness Centers and Health Clubs
Private Fitness Centers and Health Clubs
Office and Hotels
Universities
By Location of Manufacturing
Foreign
Domestic
By Type of Customer
B2B
B2C
Key Target Audience
Manufacturers
Distributors
Retailers
Importers
Private Fitness Centers
Commercial Fitness Centers
Healthcare Facilities
Hotels and Resorts
Time Period Captured in the Report:
Historical Period: 2016-2021
Forecast Period: 2021-2026F
UAE Fitness Equipment Market Players
Major OEM's
Precor
Technogym
Vogue Fitness
Life Fitness
Matrix
Concept 2
Major Distributors
AKI Fitness
MEFITPRO
Falaknaz Sports
RS Fitness LLC
Gymcare
Irma Fitness
Major Importers
Sport Links LLC,
Leader Sport
Major Retailers
Active Fitness Store
Pro Sports
SportsPlanet
Garner Fitness Supplies
Sam Sports
Fitness Power House
Major Healthcare Facilities
Burjeel Hospital,
Healthpoint
International Knee and Joint Centre
Zulekha Hospital
Health Square
Cambridge Rehabilitation Centre.
Major Commercial Fitness Centres
UFC Gym
GymNation
Gold's Gym
Fitness First
Fitness 360
METROFITT
Major Hotels & Resorts
Jumeirah Hotels
Hilton
Hyatt
Emaar Group
Marriott
Radisson Hotels and Resorts
Major Universities
United Arab Emirates University
American University of Sharjah
University of Sharjah Abu Dhabi
University Zayed University
Khalifa University
New York University Abu Dhabi
Major Associations
REPS (Register of Exercise Professionals) UAE
IFPA (International Fitness Professionals Association) UAE.
Key Topics Covered in the Report
Socio-economic Landscape of UAE
Overview of UAE Fitness Equipment Market
Ecosystem of UAE Fitness Equipment Industry
Operating Model of Fitness Equipment Distributors in UAE
Market Size of UAE Fitness Equipment Industry (Market Revenue and Growth rate)
Market Size of UAE Fitness Equipment Industry on the basis of Offline Fitness Equipment Industry assessment
UAE Fitness Equipment Industry segmentation (By Type of End User, By Location of manufacturing, By Type of Customer)
Cross Comparison of Major Distributors (Revenue Generated, No of Employees, Overall Sales Volume (Units), Countries Served, Revenue Split)
Company Profile of Major Distributors (Company Profile, Revenue Streams, Type of Customers, Services Offered, Major Clientele, Key Partnerships, Strengths)
SWOT Analysis
Industry trends and developments
Direct and Indirect Economic Impact of Fitness Industry in UAE
Trade Scenario By Value in Million USD
Government Initiatives
Impact of COVID-19
End User Analysis: Key Demand Clusters for Fitness Equipment
Identifying the Customer Cohorts in Health and Fitness Market
Customer Mindset for Fitness in the UAE
Customer Decision making factors for Fitness Centers
Target Addressable Market and Service Addressable Market in UAE Health and Fitness Industry
Analyst Recommendation
Industry speaks
India
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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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