The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Saudi Arabia Health & Fitness Service Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Saudi Arabia Health & Fitness Service Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Saudi Arabia Health & Fitness Service Market Segmentation?
The report has segmented the market into the following categories:
By Revenue Stream
- Personal Training & Instruction Services- (Market Size & Forecast 2019-2030, (USD Million)
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Membership Subscription- (Market Size & Forecast 2019-2030, (USD Million)
By Gender
- Male- (Market Size & Forecast 2019-2030, (USD Million)
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Female- (Market Size & Forecast 2019-2030, (USD Million)
The Male segment has been dominating the Saudi Arabia Health & Fitness Service Market over the past period, securing the majority of the market share.
By Subscription Plan
- 03 Months- (Market Size & Forecast 2019-2030, (USD Million)
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06 Months- (Market Size & Forecast 2019-2030, (USD Million)
-
12 Months- (Market Size & Forecast 2019-2030, (USD Million)
-
Others (1.5 years, 2 years, etc.)- (Market Size & Forecast 2019-2030, (USD Million)
By Region
- Riyadh
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Makkah
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Madinah
-
Dammam
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Key Factor Driver Saudi Arabia Health & Fitness Service Industry Growth by 2030
Upsurge in Health Consciousness Due to Lifestyle-related Diseases to Influence the Market Demand – The demand for health and fitness services in Saudi Arabia is surging due to increasing awareness about the importance of physical fitness. This shift is driven by education and health campaigns, along with the availability of digital platforms disseminating health information. A 2022 survey revealed that over 60% of Saudis are adopting healthier lifestyles at present times, compared to five years ago. Lifestyle-related diseases like diabetes & hypertension, affecting around 23.9% and 25.5% of adults respectively, are motivating individuals to incorporate regular exercise into their routines. Additionally, the youth, comprising 70% of those under 30, are particularly receptive, leading to a significant rise in gym memberships. Thus, this tendency towards a healthy lifestyle is driving the growth of the Saudi Arabia Health & Fitness Service Market.
Who are the Key Players Operating in the Saudi Arabia Health & Fitness Service Industry?
The top companies of the Saudi Arabia Health & Fitness Service market ruling the industry are:
- 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
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FAQs (Frequently Ask Questions)
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