Subjects: SVY, WOM
Oman Fitness Services Market is Expected to Reach OMR 22 Million by 2022 Owing to Exceptional Growth in Number of Fitness Services Providers and Rise in Female Membership: Ken Research
GURUGRAM, India, November 21, 2018 /PRNewswire/ --
- It is expected that by 2022, the contribution of female membership revenue would grow at a CAGR of close to 16% due to rise in the number of women specific fitness centres in Oman. There share in the overall market would expand by 10%. Various new players would enter the market to tap the opportunity while many of the existing players would open women specific fitness centres.
- Various new national and international brands are coming up in the organized fitness sector. Going by this trend, it is expected that by 2022 the share of organized sector is going to increase by approximately 10%.
Growth in Oman Fitness Services market will be facilitated by the rising number of obese population, increasing demand for personal training, expanding geographical presence of major fitness centers, diversifying services portfolio and others. Increase in health awareness and lifestyle changes would supplement growth in the market. Many new services and new technologies are expected to be launched in the forecast period having a positive impact on demand for fitness services. The future share of female population in the Oman fitness service revenue is expected to increase substantially at a double digit CAGR. The scenario is improving for females because of the changing mindset and improving socio economic norms. More female participation is expected owing to rising lifestyle diseases and health concerns amongst women.
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Similarly, due to increasing number of organized centers, expansion of existing centers and entry of more number of international players in the market, the share of organized sector fitness centers in terms of total number of fitness centers will almost double by 2022E. Number of fitness services centers in unorganized sector, on the other hand, is expected to increase by more than 20% from 2017 to 2022E. The household consumption expenditure is expected to increase at a CAGR of more than 4% while population will grow at a CAGR of more than 5% during the next 5 years. The various market growth catalysts considered are entry of foreign players, increased focus towards services diversification, exploring various untapped regions, focus towards marketing and entry of more foreign players with already established brand image.
Ken Research in its latest study, The report titled, "Oman Fitness Services Market Outlook to 2022 - By Gym Membership and Personal Training, by Region (Al Batinah North, Al Batinah South, Ad Dakhiliyah, Dhofar and Muscat), by Gender and by Membership Subscription (Annual, 6 months, 3 months, 1 month)", suggests that the demand for fitness services would continue to grow owing to imbalanced work life, increasing diseases such as heart problems, diabetes, and asthma among the population, boost in personal training requirement and expansion of fitness services centres, in both organized and unorganized sector.
Keywords
- Oman Fitness Services Market
- Oman Total Gym Membership
- Oman Organized Fitness Services Market
- Oman Unorganized Fitness Services Market
- Oman Female Gyms Market
- Oman Mixed Gyms Market
- Oman Gym Market Segmentation
- Oman Fitness Center Membership
- Oman Fitness Trainers Market
- Fitness Services Centres in Muscat
- Fitness Services Centers in Dhofar
- Fitness Services Centers in Al Batinah North
- Fitness Services Centers in Al Batinah South
- Oman Population Demographics
- Oman Workplace Fitness Promotion
- Oman Group Training Market
- Oman Fitness Wearable Technology
- Oman Yoga Industry
- Muscat Personal Training Market
- Oman Body Weight and Strength Training Exercises
- Issues and Challenges in Oman Fitness Services Market
- Oman Fitness Services Customer Pain Points
- Future Oman Fitness Services
- Oman Unorganized Fitness Services Centres
- Oman Organized Fitness Services Centers
For more information on the research report, refer to below link:
Key Segments Covered
- Market Segmentation by Market Structure (Organized & Unorganized)
- By Revenue Stream
- By Membership subscription
- By Region (Organizes & Unorganized)
- By Gym Type (For Organized)
- Market Segmentation By Gender (Male & Female)
- Market Segmentation By Revenue Stream (Membership Subscription & Personal Training)
- Market Segmentation By Membership Subscription (12 Months, 6 Months, 3 Months and 1 month)
- Market Segmentation By Region (Al Batinah north, Al Batinah south, Ad Dakhiliyah, Dhofar and Muscat)
Key Target Audience
- Women Fitness Service Centers
- Mixed Fitness Service Centers
- Major Fitness Equipment Manufacturers
- Investors
- Personal Training Certification Institutes.
Companies Covered:
Oman Organized Fitness Services Providers:
- Flex Fitness
- Horizon Fitness
- JN Fitness
- Gold's Gym
- Elite Gym
- Premedion Premium Club
- The Wellness Center
- Fitness Lounge
- Knock Out Gym
- Fit Body
- UFC Gym
Women's Gym:
- Jasmine For Her
- VivaFit
- Sky Gym
- Curves
Oman Unorganized Fitness Services Providers:
- Blue Dragon (Men Only Club)
- Marinas Fitness Center
- Go Fit Gym
- Champions Gym
- Ruwi Gym
- Yanqul Gym
- Extreme Fitness (Men Only)
- Blue City Gym (Men Only)
- Al Piroh Gym (Men Only)
- Oasis Health Club
- Legend Crew Studio
- Al Mardaf (Ladies club)
- Alpha Lounge
- Wijdan Fitness
- WeSee Fitness
Related Reports by Ken Research
The report provides a comprehensive analysis of fitness services market genesis and overview, market ecosystem, market structure, market size, and market segmentations by Market Structure (Organized and Unorganized), by Subscription Period (1month, 3 months, 6 months and 1 year), by Region (Dubai, Abu Dhabi, Sharjah and others), by Revenue Stream (Membership Fee and Personal Trainer Fee) and by Personal Trainer Market Structure (Organized and Unorganized). The report profoundly covers major market growth drivers, market trends and challenges, snapshot on personal trainer market, snapshot on other fitness services market, customer profile in fitness services market (by gender and by fitness level), Target profile of personal trainers (by gender, by experience, by major nationality and by annual salary), decision making parameters for a customer to choose fitness center, major pain points faced by customer for a fitness center and SWOT analysis. Competition landscape, competition nature, major competition parameters and company profile of major players (Fitness first, Gold's Gym, Lifeline Wellness, Target Gym, Fitness 360, Fitness Time, Fitness Terminal) have been given prime importance.
The report provides a comprehensive analysis of Kuwait fitness service market introduction, genesis, market size in Kuwait. The report covers market segmentation (by revenue stream, membership subscriptions, regions, gender and market structure), organized gym market segmentation (men's gym, women's gym, mixed gym and crossfit), snapshot on personal training and yoga markets including their pricing analysis, consumer preferences, regional clusters, major services and competition scenario. Competitive landscape of major players including Platinum Health Club, Oxygen Gym, Peak Fitness, Pilates and More, Fitness First, Flex Fitness, Circuit Plus, Flare Fitness, Desert Fitness, Orangetheory Fitness, Ras Al Salmiya, Spark Athletic Center, Al-Corniche and Inspire Fitness have been extensively covered including company overview, major business strategies, USP, financials, revenue streams, number of centers and various other parameters. The report also covers customer profiling and investment model along with analyst recommendation and macroeconomic variables highlighting the major opportunities and cautions prevailing in Kuwait.
The report covers market size by organized and unorganized fitness services providers along with market segmentation by revenue stream (membership subscription and personal training), by market structure (organized and unorganized), by region (Riyadh, Makkah, Madinah, Dammam, and others including Tabuk, Asir, Hail, and Jizan), by gender (male and female), and by membership subscription (12 months, 6 months, 3 months and others including 1 month and 2 months). It also includes market size (by revenue, membership and number of fitness centres), emerging trends and developments, issues and challenges, customer pain points and decision making parameters, investment model, and competitive landscape of players in organized sector including Fitness First, Gold's Gym, Fitness Time, World Gym, Active Time, Arena MMA Fitness, Bodyline VIP center, Central care, Al Manahil, Al Multaka, Interval Plus CrossFit, NuYu, Curves, Spectrum Wellness for Women, Kore, Lava Fitness, Glow Fit, Kinetico, Fit Zone, Pulse Studio, Studio 55, 9 Round, The Power Gym, Body Masters, Muscles Factory, and Fitness Maker. The report also covers government rules and regulation, future outlook and projections analysis along with analyst recommendation and macroeconomic variables highlighting the major opportunities and cautions.
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Ken Research
Ankur Gupta, Head Marketing
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+91-9015378249
SOURCE Ken Research
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