Market Research Reports - Ken Research Saudi Arabia Fitness Services Market Outlook

Saudi Arabia Fitness Services Market Outlook to 2022: Ken Research The report titled, “Saudi Arabia Fitness Services Market Outlook to 2022 - By Revenue Stream (Gym Membership and Personal Training), by Organized and Unorganized, by Region, Gender and Membership Subscription” covers market size by organized and unorganized fitness services providers along with market segmentation by revenue stream (membership subscription and personal training), by market structure (organized and unorganized), by region (Riyadh, Makkah, Madinah, Dammam, and others including Tabuk, Asir, Hail, and Jizan), by gender (male and female), and by membership subscription (12 months, 6 months, 3 months and others including 1 month and 2 months). It also includes market size (by revenue, membership and number of fitness centres), emerging trends and developments, issues and challenges, customer pain points and decision making parameters, investment model, and competitive landscape of players in organized sector including Fitness First, Gold's Gym, Fitness Time, World Gym, Active Time, Arena MMA Fitness, Bodyline VIP center, Central care, Al Manahil, Al Multaka, Interval Plus CrossFit, NuYu, Curves, Spectrum Wellness for Women, Kore, Lava Fitness, Glow Fit, Kinetico, Fit Zone, Pulse Studio, Studio 55, 9 Round, The Power Gym, Body Masters, Muscles Factory, and Fitness Maker. The report also covers government rules and regulation, future outlook and projections analysis along with analyst recommendation and macroeconomic variables highlighting the major opportunities and cautions. Market Size: Saudi Arabia fitness services market has witnessed a tremendous growth in the past few years witnessing a strong double digit growth from 2012 to 2017. Rapidly rising obesity rate, heart problems, and increase in the consciousness about the personal health have propelled momentum to the market. Male population between 15 to 44 years has increased at a rate slightly over 2% from 2012 to 2017; similarly, female population between the same age group has witnessed a growth of close to 2.0% from 2012 to 2017. Growing youth population in the country, along with ease in laws for women has benefitted the market. Market Segmentation By Market Structure: The organized sector has contributed major revenue share to the overall Saudi Arabia Fitness Services market. In terms of membership subscription, unorganized sector has contributed majority share as compared to organized sector. This sector includes various entities such as men’s gym, women’s gym, mixed gym and CrossFit centers, indulged in providing all kinds of fitness services including Yoga, Pilates, Zumba and Personal Training. Unorganized centers have been better able to make use the opportunity and enter the fitness industry because it offer reasonably lower membership fee and are easier to set up. By Region: Riyadh has accounted for the maximum number of organized fitness centers in KSA, primarily for being the commercial capital of the country. It is followed by Makkah mainly