Saudi Arabia Health & Fitness Service Market Anticipates 8.5% CAGR Growth by 2030, MarkNtel

Overview of Saudi Arabia Health & Fitness Service Market Size & Future Outlook

According to the latest report by MarkNtel Advisors, the Saudi Arabia Health & Fitness Service Market size is estimated to grow at a CAGR of around 8.5% from 2024-2030. This report is designed to enhance user understanding and support informed decision-making by thoroughly analyzing key market shifts, identifying gaps, exploring emerging opportunities, and assessing industry trends and competitive challenges. By combining both qualitative and quantitative data, it offers a comprehensive overview, highlighting growth prospects and providing valuable insights into competitors, helping both established companies and new entrants navigate the current market landscape.

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What are the key drivers influencing the growth of the Saudi Arabia Health & Fitness Service market?

This section provides a detailed analysis of the market drivers and factors is explored thoroughly below.

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.

How is the Saudi Arabia Health & Fitness Service market segmented and what are the key factors within each segment?

The Saudi Arabia Health & Fitness Service market has been further segmented into distinct categories. Analyzing growth within these segments allows you to identify niche opportunities, develop targeted strategies, and understand the variations in your core application areas and target markets.

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

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Who are the Key Market Players in the Saudi Arabia Health & Fitness Service industry?

The competitive landscape of the Saudi Arabia Health & Fitness Service market provides a detailed look at the key players in the industry. This includes an overview of each company, their financial performance, revenue generation, and market potential. It also covers their investments in R&D, new market initiatives, production facilities, and strengths and weaknesses. Additionally, the analysis looks at recent product launches, approvals, the range of products offered, their dominance in different applications, and the product life cycle. All of this information is specifically focused on how each company is positioning itself within the market.

Several key players are actively operating in the market, 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

Market Advancement by Leading Companies:

2023: Beyond Activ has entered into a strategic partnership agreement with Leejam Sports Company for three years. The partnership aims to promote Leejam's businesses, develop the annual EMEA Festival, and encourage new investments in Saudi Arabia and the GCC region.

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