Growing Awareness of Balanced Lifestyle and Access to Budget Fitness Centers to Drive Market Growth: Ken Research

GURUGRAM, India, January 13, 2022 /PRNewswire/ —

  • The digital fitness apps market is expected to grow by 25.1% CAGR as fitness centers offer online classes and integrate fitness-based apps for home exercise.
  • Gyms and boutique studios are proactively embracing creative new ways to engage customers and shift to a more digital fitness practice, which are best positioned to succeed moving forward.
  • The high tourist influx for luxury services will encourage hotels and resorts to incorporate fitness centers into their properties and expand their offerings.

Increased penetration rate and active members: Growth in the fitness industry will be triggered by a 10.0% increase in the number of clubs across the country, resulting in a total increase in membership of 14.8%. The steady increase in the demand for certified personal trainers along with the advancement of technologies adopted by the majority of fitness centers and the increasing awareness of people about their health will intensify the number of subscribers.

Growth of the fitness equipment market: Sedentary lifestyles and busy schedules along with the COVID19 outbreak are leading to an increase in the number of people working from home to avoid getting infected, thus fueling the adoption of home fitness equipment. Elliptical and fitness machines along with treadmills and fitness equipment for cardio training are expected to dominate the overall fitness equipment market.

Increase in digital offers: Fitness centers and personal trainers along with fitness bloggers are using social media platforms such as Facebook and Instagram to host live workshops for the ease and convenience of home workouts, resulting in a higher participation rate. Brick and Mortar fitness centers are facing competition from online weight loss programs due to the growing importance of social marketing and platforms that have launched online fitness tutorials.

The report titled “Israel Fitness Services Market Outlook to 2025 – Driven by Growing Awareness of a More Balanced Lifestyle as well as the Addition of State-of-the-Art Gyms in the Country” by Ken Research suggested that the fitness market is expected to grow further in the near future due to growing awareness of health benefits, increasing disposable income, obesity awareness and problem solving health issues such as cardiovascular diseases as well as the growth of female-only fitness centers has been the major key factor driving the demand for fitness service centers in Israel. The market is expected to register a positive five-year CAGR of 18.4% in terms of revenue during the forecast period 2020-2025F.

Direct Economic Impact of Fitness Centers

  • Overview of Commercial Gyms in Israel health and fitness market
  • Overview of Fitness Centers in Hotels and Resorts
  • Overview of fitness centers in schools and universities
  • Overview of Fitness Centers in Townships/Residential Complexes
  • Overview of Fitness Centers in Hospitals
  • Overview of fitness centers in sports clubs and government. Organizations

Indirect Economic Impact of Fitness Centers

  • Israel Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Estimated Cost of Building a Fitness Center

Key target audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness centers
  • Government agencies

Time period entered in the report: –

  • Historical period: 2015-2020
  • Forecast period: 2020–2025

Main topics covered in the report:-

  • Socio-economic landscape of Israel
  • Direct and indirect economic impact of the fitness industry in Israel
  • Overview of Commercial Gyms in Israel health and fitness market
  • Overview of the digital fitness market in Israel
  • Assessing the indirect economic impact of the fitness industry in Israel
  • Israel Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Assessing the indirect economic impact of the fitness industry in Israel
  • Overview of healthcare/health statistics scenario
  • Potential Health Impacts and Reduced Healthcare Costs
  • Customer mindset for fitness services
  • Impact of COVID 19 on the fitness industry in the Israel
  • Future Outlook and Projections for Israel Fitness Services Market
  • White Space and Existing Opportunities in Israel Fitness Services Market
  • Research Methodology

For more information on the research report, refer to the link below:-

Israel Fitness Services Market Outlook

Related reports: –

Egypt Fitness Services Market Outlook to 2025 F

The Egyptian fitness services market is a largely underpenetrated market with less than % of the population actively participating in a fitness facility. Rising disposable income along with improved infrastructure relating to fitness centers is fueling the growth of the market. High-end tech-based fitness offerings, typically backed by strong social media credentials and a cult following as well as budget fitness chains, are growing in Egypt.

Qatar Fitness Services Market Outlook to 2025F- Driven by Rising Health Concerns Driving Addition of Number of Health Clubs and Gyms

The fitness market in Qatar has seen strong growth with a huge expansion in the number of budget shops and fitness centers contributing directly to the economy. Rising personal disposable income, high rates of obesity, growing awareness of health and fitness, increased investment in women’s fitness centers, government initiatives and addressing health issues Health conditions such as diabetes and cancer have been major key factors driving the demand for fitness services. centers in Qatar.

Morocco Fitness Services Market Outlook to 2025F – Driven by Fitness Related Policies, Increased Awareness and Popularization of Fitness Centers

The fitness market in Morocco is an underpenetrated market with less than 15% of the population being an active member of fitness centers. However, fitness centers as well as the health and wellness trend in Morocco is accelerating as more consumers question their overall health due to sedentary lifestyles. Growing population of young people belonging to the 15-54 age group along with growing awareness of health risks among the population and changing business model of fitness centers are fueling the growth of the market. Fitness brands are actively optimizing their business models, integrating behavioral science into health and fitness through one-on-one and group sessions encouraging customers to focus on their fitness goals.

Algeria Fitness Services Market Outlook to 2025F- Driven by Technological Innovations and Inventive Training Approaches as well as Adoption of Hybrid Model by Fitness Centers

The fitness market in Algeria is an underpenetrated market with one of the lowest penetration rates in the MENA market. Rising awareness of the health risks of a sedentary lifestyle and the adoption of technological innovations for connectivity and inventive training approaches are fueling the growth of the market. The participation of women is on the rise as coaches, fitness influencers and entrepreneurs in the fitness industry, thus increasing female memberships and employment.

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