Market Size of Saudi Arabia Health And Fitness Club Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.32 Billion |
| Market Size (2029) | USD 2.29 Billion |
| CAGR (2024 - 2029) | 11.56 % |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Health And Fitness Club Market Analysis
The Saudi Arabia Health And Fitness Club Market size is estimated at USD 1.32 billion in 2024, and is expected to reach USD 2.29 billion by 2029, growing at a CAGR of 11.56% during the forecast period (2024-2029).
Individuals increasingly engage in rigorous exercise routines to manage weight and increase stamina to improve overall health. Therefore, there has been a significant rise in the number of health clubs and gyms with personal training and latest fitness equipment in the country. The growing number of obese people in Saudi Arabia is further driving the need for fitness clubs. Obesity is caused mainly by a lack of exercise and poor dietary habits, which can lead to a variety of cardiovascular and lifestyle disorders. The Government of Saudi Arabia also encourages people to change their sedentary lifestyles through various fitness programs. For instance, the government launched Saudi Vision 2030 Quality of Life Objectives, which supported significant sports projects implemented by the Ministry of Sports, the Saudi Olympic and Paralympic Committee, and its affiliated federations. Furthermore, with increasing disposable income and rising adoption of a healthy lifestyle, customers are willing to pay more for the convenience of higher-end fitness facilities. As a result, players in the market focus on opening fitness clubs with high-end features and the latest technologies to meet customer needs. For instance, in October 2022, World Gym launched a high-octane signature gym model featuring the Revolutionary Studio X. The model is an innovative advancement of the traditional World Gym, optimized at 25,000 square feet.
Saudi Arabia Health And Fitness Club Industry Segmentation
A health and fitness club is usually a commercial establishment with members who pay a fee to use its health and fitness facilities and equipment. The market is segmented by revenue stream and end-user. The market has been segmented by revenue stream into membership fees, personal training and instruction services, and other revenue streams. By end-users, the market has been segmented into men and women. The report offers market size and forecast in value (USD) for all the above segments.
| Revenue Stream | |
| Membership Fees | |
| Personal Training and Instruction Services | |
| Other Revenue Streams |
| End User | |
| Men | |
| Women |
Saudi Arabia Health And Fitness Club Market Size Summary
The Saudi Arabian Health and Fitness Club Market is witnessing a significant growth, driven by increasing health awareness and a rising number of obese individuals in the country. The demand for high-end fitness facilities with advanced features and technologies is on the rise, with customers willing to pay more for convenience and a healthy lifestyle. Government initiatives, such as the Saudi Vision 2030 Quality of Life Objectives, are further promoting fitness programs, contributing to the growth of health clubs and gyms in the country. Major players in the market are focusing on innovative strategies, including the launch of new models and facilities, to cater to the evolving needs of the customers. Membership-based fitness and health clubs are gaining popularity in the Saudi Arabian market. Market players are introducing various discounted plans, health insurance, and premium memberships to attract more customers. The trend of flexible, low-cost membership cancellation policies is also gaining traction. In addition, health and fitness clubs are becoming increasingly popular among men for stress management, mental well-being, and physical fitness. The market is highly fragmented, with several private-label players competing for market share. These players are leveraging strategies like online marketing, branding, and social media platforms to attract more customers and remain competitive in the market.
Explore MoreSaudi Arabia Health And Fitness Club Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Strategic Investments by Fitness Clubs
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1.1.2 Growth Of Gym Culture and Penetration of International Brands
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1.2 Market Restraints
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1.2.1 Demand For Home Gym and Recreation Activities
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1.2.2 Dependency on Self-operated E-health Platforms
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Revenue Stream
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2.1.1 Membership Fees
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2.1.2 Personal Training and Instruction Services
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2.1.3 Other Revenue Streams
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2.2 End User
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2.2.1 Men
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2.2.2 Women
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Saudi Arabia Health And Fitness Club Market Size FAQs
How big is the Saudi Arabia Health And Fitness Club Market?
The Saudi Arabia Health And Fitness Club Market size is expected to reach USD 1.32 billion in 2024 and grow at a CAGR of 11.56% to reach USD 2.29 billion by 2029.
What is the current Saudi Arabia Health And Fitness Club Market size?
In 2024, the Saudi Arabia Health And Fitness Club Market size is expected to reach USD 1.32 billion.
