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. According to MarkNtel Advisors Study.
Saudi Arabia Health & Fitness Service Market 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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Saudi Arabia Health & Fitness Service Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, 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, and others looking forward to strengthening their market positions.
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