KSA Health and Fitness Services Market: Record a CAGR of 4.6% During 2024-32
As per the research report by Report Cube, the KSA Health and Fitness Services Market size is valued at nearly USD 650 million in 2024, and is estimated to grow at a CAGR of about 4.6% during the forecast period, 2024-32.
The market growth is influenced by government initiatives that promote active living in the fight against obesity & several related health problems, as well as the expansion of health clubs & gyms that are equipped with state-of-the-art exercise gear. Government financing for fitness & sports programs & rising disposable income are helping contribute to the building of fitness centers. Furthermore, the population has grown due to health & fitness norms, government measures to construct more parks, and public bike & running lanes that promote an active lifestyle.
Moreover, individuals are following rigorous workout routines to lose weight, increase their endurance, and improve their overall health. Therefore, the KSA’s fitness centers & health clubs that feature modern machinery & personal training rooms have contributed to the growth of the KSA Health and Fitness Services Market share. In Saudi Arabia, the need for health & fitness services is on the rise due to the growing awareness of the importance of physical activities. The Saudi Arabia Health and Fitness Services Market is being further elevated by this shift, which is being driven by the existence of digital platforms for the promotion of health information along with health campaigns & education. The Health & Fitness Club market is expected to reach USD 650 million in 2024.
Additionally, the need for fitness centers is being motivated by the budding number of obese individuals in Saudi Arabia. Poor eating habits & lack of physical activity are the prime reasons of obesity and other health issues. Also, consumers are prepared to pay a premium for the right kind of fitness centers because of their increasing disposable income & the growing global acceptance of leading healthy lives. Hence, this will contribute to the industry growth in the future years further states the research study, KSA Health and Fitness Services Market Analysis, 2024.
Analyzing the KSA Health and Fitness Services Market Segmentation
Male Segment to Hold the Lion’s Share of the KSA Health and Fitness Services Market
By gender, the KSA Health and Fitness Services Market is bifurcated into: Male and Female.
Among all, the Male segment to uphold a considerable share of the KSA Health and Fitness Services Market during 2024-32 owing to the high influx of men in the health & fitness centers. Males have traditionally participated more in sports & other physical activities related to health & fitness because of societal practices & cultural conventions. In the past years, men have used health & fitness services at a larger rate than women. There are also a lot of fitness facilities in Saudi Arabia that are gender-segregated & offer extra amenities for males. Also, as more men pursue sports, which frequently require regular access to fitness centers, their appetite for health & fitness services is expanding.
KSA Health and Fitness Services Market Companies Analysis
With the strategic analysis & market study the leading companies, 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, are predicted to contribute in the growing market outlook.