KSA Fitness Industry Flexes Its Muscles: Market to Reach $87.7 Billion by 2027, Fueled by Boutique Gyms and Wellness Focus
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The KSA fitness industry currently boasts a market size of over $800 million, contributing a significant 0.15% to the Kingdom's GDP. This sector employs over 23,360 individuals across various fitness establishments, showcasing its potential as a key job creator. Several key factors are fueling this impressive growth:
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Market Segmentation: Unveiling Growth Drivers
The report dives deeper by analyzing the KSA fitness market through various segments:
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Future Outlook: A Vision of Continued Growth
The report paints a promising picture for the KSA fitness market, driven by several factors:
Conclusion: Investing in a Healthy Future
The KSA fitness industry is at a pivotal moment, experiencing dynamic growth and evolving trends. With its focus on personalized experiences, government support, and increasing health awareness, the market offers immense potential for investors, businesses, and stakeholders. By understanding the key drivers and future outlook, as outlined in Ken Research's report, participants can develop informed strategies and contribute to the industry's continued success.
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Taxonomy
KSA Fitness Services Market Segmentation
By Revenue Stream
Membership
Personal Training
By Commercial Fitness Centers (On Revenue Basis)
Exclusive/Boutique Centers
Popular Fitness Centers
Local Gym & Fitness Centers
By Subscription
1 Month
3 months
6 Months
12 Months
By Region
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Jeddah
Riyadh
Dammam
Al Khobar
Makkah
Others
By Structure
Independent Fitness Centers
Chained Fitness Centers
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KSA Fitness Services Market
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According to Ken Research estimates, the Bahrain Fitness Services market – which grew from approximately ~% in 2017 to approximately ~% in 2022P – is forecasted to grow further into ~% opportunity by 2027F. The Bahrain Fitness Services market contributed to a global growth rate of ~%. Bahrain Fitness Services market has recorded robust growth over the last few years, offering exciting opportunities for fitness companies.
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