According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Saudi Arabia Health Fitness Service Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Saudi Arabia Health Fitness Service Market Analysis and Size
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.
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Some of the major players operating in the Saudi Arabia Health Fitness Service Market 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, and others.
Saudi Arabia Health Fitness Service Market Growth Driver:
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.
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Market Segment and Geographical Analysis
By Revenue Stream
- Personal Training Instruction Services- (Market Size Forecast 2019-2030, (USD Million)
- Membership Subscription- (Market Size Forecast 2019-2030, (USD Million)
By Gender
- Male- (Market Size Forecast 2019-2030, (USD Million)
- Female- (Market Size Forecast 2019-2030, (USD Million)
By Subscription Plan
- 03 Months- (Market Size Forecast 2019-2030, (USD Million)
- 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
- Makkah
- Madinah
- Dammam
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