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How the Pandemic Stress is going to Support Healthier Lives and Aid Fitness Industry in MENA Region? : Ken Research

The COVID-19 Pandemic has shed light on the importance of regular exercise and healthy habits for MENA population to be more physically active and has transitioned demand for virtual fitness classes and mental health options

October 2021

Ken Research as a knowledge partner for upcoming event-Dubai Active is set to launch forward-looking industry report on “Assessment for Impact of Health and Fitness Clubs to MENA Economy – Outlook to 2025”. The report is prepared in collaboration with IHRSA, the Global Health & Fitness Association and the Global Health & Fitness Alliance (GHFA) to demonstrate to the World Health Organization, OECD, UN Agencies, National Governments and other policy makers and influencers around the World of the value of the Health & Fitness Industry to the Health continuum including contributing to meeting the goals of WHO’s Global Action Plan on Physical Activity (GAPPA)

MENA Fitness industry is envisaged to grow @18-19% CAGR during 2020-2025 with boutique fitness centers anticipated to showcase highest growth, rising from ~1,600 in 2020 to ~2,600 in 2025. Member penetration across fitness centers are likely to incline to 2.4% as major organized gym chains are focusing towards expanding their services into sub - urban areas.

Some of the key findings covered in the research include:

UAE fitness industry is expected to reach over US$ 600 Mn by 2025, growing at a CAGR of 10.9% with member penetration in offline fitness centers to increase to 6.3% by 2025.

Online Health and Fitness Market in UAE is expected to contribute US$36.5 Mn revenue in 2025, growing at a CAGR of 16.0%.

Digital fitness app penetration in UAE to increase to 15.9%in 2025 from 9.8% in 2020 due to the growing trend of online fitness training and escalating emphasis on maintaining a healthy lifestyle post pandemic.

Potential Health Implications and Health Cost Reductions:

MENA total spending on health accounts for around 5-6% GDP with UAE accounting for ~26.0% of the total healthcare spend in the GCC. Assuming a significant percentage of the population affected with lifestyle diseases goes to a fitness centre, the estimated savings in direct health care costs from UAE’s fitness centres is $9.8 Bn in a year. The largest component of this saving arises from the avoided costs of cardiovascular disease, along with increase in workforce participation and increase in workforce productivity 28.3% and 45% respectively.

Impact of COVID 19: The forced closure of gyms in MENA during COVID has had a massive impact on the fitness industry with more than 20.0% of the industry employees laid off. However, it showcased resilience and prospered with 8-10% increase in membership participating rate for on-demand and livestream group classes along with 55.0% more fitness app installations during the first half of 2020 compared to H1 of 2019.  

Catalyzed by the pandemic, consumer awareness of exercise has increased rapidly with more than 25.0% population working out 3-5 hours per week in 2021 as compared to less than 15.0% in 2020.  Home workouts are gaining traction and majority of the population intend to make virtual classes a regular part of their routine, even after studios reopen.

The research paper will provide coverage on the direct and indirect economic impact on each Middle Eastern country in fitness industry by providing a clear distinction between pre and post COVID outlook in the sector. This report will also cover perspective on fitness penetration in each country, challenges and opportunities, employment generation by fitness industry along with assessment of socio economic impact by fitness industry on health care costs, productivity and life expectancy.

We are looking forward for your participation in Dubai Active, scheduled for 28th October to 30th October, to unveil the research report on Assessment for Impact of Health and Fitness Clubs to MENA Economy – Outlook to 2025. If you wish to request for a copy for our publication, kindly contact us:

Related Reports

Fitness Equipment Market by Equipment Type (Cardio-Respiratory Equipment, Muscular Equipment, Flexibility Equipment, Body Fatness Equipment and Others) for Hospital, Gym Centers/Health Clubs, Homecare and Others - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021

Digital Health Market by Product Type [Healthcare Information Systems (Clinical Solutions and Non-Clinical Solutions) and Wearable Devices (Diagnostic & Monitoring Devices and Digital Therapeutic Devices)], by Component [Hardware, Software and Services] and by End User [B2B (Employers, Wellness Centers, Fitness Centers and Gyms) and B2C (Patients and Caregivers)] - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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