Press Release Description

Saudi Arabia Health & Fitness Service Market to Record a CAGR of 8.5% During 2024-30

The Saudi Arabia Health & Fitness Service Market size was valued at USD 1.02 billion in 2023 and is estimated to grow at a CAGR of around 8.5% during the forecast period, i.e., 2024-30, cites MarkNtel Advisors in the recent research report. The health & fitness service sector covers a broad spectrum of offerings, including gym memberships, fitness classes, personal training, wellness programs, and sports facilities, catering to a myriad of consumer base across urban & rural areas. This industry is witnessing significant growth, propelled by advanced health awareness, ascending incomes, and evolving lifestyle preferences. In Saudi Arabia, the Health & Fitness Service Market is bolstered by growing concerns about health issues like diabetes, hypertension, and chronic diseases, prompting individuals to prioritize exercise for overall well-being. Consequently, gyms & fitness clubs are gaining popularity as essential avenues for maintaining good health.

Additionally, the emerging trend of wellness tourism is expected to drive demand in the Saudi Arabian market. Hotels and resorts are increasingly incorporating high-end health and fitness facilities, offering amenities such as infrared therapy, personalized training, yoga, pilates studios, and spa services, catering to the growing preference for wellness-focused travel experiences.

Moreover, the increasing adoption of health and fitness practices among the population, coupled with government initiatives to provide public amenities like parks, cycling lanes, and running tracks, has positively influenced attitudes toward fitness. This has resulted in higher participation rates in gyms and other fitness centers, thereby stimulating market share, further states the research report, “Saudi Arabia Health & Fitness Service Market Analysis, 2024.”

Saudi Arabia Health & Fitness Service Market

Saudi Arabia Health & Fitness Service Saudi Market Segmentation Analysis

Males Segment to Account for Majority of the Market Share

Based on gender, the market is divided into Male and Female. In the Saudi Arabia Health & Fitness Service Market, males have dominated attendance at gyms and other fitness centers, comprising over half of the total attendees. Conservative norms in the region, especially concerning women's participation in fitness activities, have contributed to this gender disparity. However, societal norms are evolving, gradually fostering inclusivity & acceptance of women in the fitness industry. Efforts to promote gender equality and increase female involvement in health and fitness services are underway across Saudi Arabia.

Riyadh to Hold Lion’s Share of the Saudi Arabia Health & Fitness Service Market During 2024-30

Riyadh emerges as the focal point for organized fitness centers in Saudi Arabia, owing to its role as the commercial hub of the nation. Leading fitness facilities prioritize establishing their facilities in this city. Additionally, new market entrants are aiming to broaden their footprint by introducing flexible gym membership options, attracting a broader clientele across the country, thus creating profitable prospects for the Health & Fitness Service Market in Riyadh during the forecast period.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Leejam, Inc., Al Manahil Entertainment Co., NuYu Fitness, ARENA, Gold’s Gym Club Holdings LLC, 9Round Franchising LLC, Kinetico, Landmark Fitness Limited, Studio55, Kun Sports, and others, are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the Saudi Arabia Health & Fitness Service Market?
  3. What key factors would propel and impede the industry across the region?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping across various countries?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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