UAE Unorganised Fitness Services Market-Ken Research
Posted by kenresearch on May 30th, 2018
Rise in the number of additional services, Inclining Number of organised fitness centres and Introduction of new fitness centres will be the key factors driving growth in UAE Fitness Services Market.
The report titled “UAE Fitness Services Market Outlook to 2022 - By Market Structure (Organized and Unorganized), By Subscription Period (1 month, 3 months, 6 months and 1 year), By Region (Dubai, Abu Dhabi, Sharjah and others), By Revenue Stream (Membership Fee and Personal Trainer Fee)” by Ken Research suggests, market for UAE fitness services in terms of revenue, will enhance at a CAGR of 9.72% over the forecast period.
The UAE Fitness Services market has surged with rising number of fitness centres. Organised fitness centres have approximately nine major players which account around 90 fitness service outlets in UAE. Number of fitness service centres has been expected to increase at a CAGR of 6.7 during the period 2018 - 2022. Rise in services offered by fitness centres such as swimming pool, in house juice bar, sports facility and many others have attracted the customers towards the organised fitness service centres. Organised fitness services market represents the maximum potential to grow in future as there is shift in behaviour of people due to increase in awareness regarding physical health fitness.
One of the major reasons behind surging growth of the unorganised fitness centres is the low membership fees and easy accessibility of fitness centres from a customer’s house as they are majorly present in the housing locality only. People who are still looking forward to built their body into a muscular one usually focus towards unorganised fitness centres as these centres generally provides hardcore weight training to its customers.
Increase in group exercise such as Zumba, Pilates, cross fit, Martial Arts, Power Yoga is also contributing to the growth of the fitness service market as in future majority of the new fitness centres will be looking forward to offer these services at lower rates to capture majority of the customers into their fitness centres. Currently, these group exercises has been majorly offered in organised fitness centres only but in future it has been expected various new unorganised fitness centres will also provide facility of group exercise to their customers to remain into the competition of the market.
For more information on the research report, refer to below link:
Like it? Share it!
About the Authorkenresearch
Joined: November 28th, 2017
Articles Posted: 620
More by this author