UAE Health and Fitness Club Market Size Zooming at almost 10.5% to Surpass USD 5.0 Billion by 2030
UAE Health and Fitness Club Market is flourishing because of the rising awareness about health and fitness and growing prevalence of chronic diseases.
Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Health and Fitness Club Market size at USD 3.25 billion in 2023. During the forecast period between 2024 and 2030, Report Ocean expects the UAE Health and Fitness Club Market size to expand at a CAGR of 10.48% reaching a value of USD 5.02 billion by 2030. Growing health and fitness awareness as a result of the rising incidence of chronic and lifestyle illnesses is one of the key growth drivers for the UAE health and fitness club market. Furthermore, a growing number of gyms and health clubs combined with high disposable income are expected to propel the UAE Health and Fitness Club Market during the period in analysis.
Opportunity: Launch of health and fitness mobile apps
The expanding IT infrastructure and increasing digitization have propelled the launch of health and fitness mobile apps. The industry players are leveraging health apps and online fitness classes to boost their customer reach. The most popular health and fitness apps in UAE include Aseema, Feva Fit, and TRAINET. Furthermore, many individuals are also launching fitness classes via online mode. These channels are significantly attracting working adults and women alike, as they are accessible remotely and at any time of the day. The rising launches of these apps with increasing competitiveness and competitive fees are expected to present significant growth opportunities for the UAE Health and Fitness Club Market over the forecast period.
UAE Health and Fitness Club Market
Segmental Coverage
UAE Health and Fitness Club Market - By Application
Based on the application, the UAE Health and Fitness Club Market is bifurcated into aged 55 and older and aged 35 to 54 segments. The people aged 35 to 54 years segment dominates the UAE health and fitness club. This age bracket belongs to working adults. The increasing prevalence of lifestyle diseases and rising awareness about health and fitness are driving the demand for fitness clubs. Furthermore, the expanding female workforce is anticipated to directly influence the growth of the UAE Health and Fitness Club Market during the period in analysis.
Competitive Landscape
Major players operating in the UAE Health and Fitness Club Market include Fitness First Snap Fitness, Club Pilates, Emirates Fitness Club, and Gold's Gym.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Health and Fitness Club Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Health and Fitness Club Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
