MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET 2022-2028

Consumer Goods & Services | Personal Care Products

MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET 2022-2028

Market by Type, End-user, Distribution Channel, and Country | Forecast 2022-2028

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Triton Market Research’s report suggests that the Middle East and Africa fitness equipment market is expected to register a CAGR of 4.94% over the forecasted phase 2022-2028.



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The countries studied in this region include:

•         United Arab Emirates

•         Saudi Arabia

•         Turkey

•         South Africa

•         Rest of Middle East & Africa

In the Middle East and Africa, Saudi Arabia has a hold over the majority of the market share. The region’s growth is primarily driven by the rising prevalence of obesity across major countries. Furthermore, the growing gym culture, along with increasing fitness awareness, is influencing the adoption of fitness gear. The surge in home workouts due to the COVID-19 pandemic has also surged the demand for home gym equipment. Thus, all these factors actively contribute to the fitness equipment market’s development within the region.

The fitness sector has witnessed tremendous growth in the past few years, leading to the rise in permits for women’s fitness clubs in Saudi Arabia. Along with this, the government has approved the staging of the World Boxing Series, which has added significantly to the fitness industry’s growth. Furthermore, several women-only gyms are established in the country, boosting the gym culture across the nation. Hence, the rise in fitness culture is anticipated to propel the fitness equipment market on a progressive path over the upcoming years.

On the other hand, obesity has emerged as a major health concern within the United Arab Emirates. This growth has increased the number of gyms in the country. Besides, there is a high demand for gym memberships and services, including personal fitness training, due to the rise in fitness and health awareness. Apart from this, the growing online training sessions have boosted the demand for home gym equipment. Thus, as mentioned above, the rise in fitness culture supplements the fitness equipment market’s progression in the UAE.

Several companies have established office gyms to improve employees’ health. The corporate gym is an attractive perk to help employees focus on their health and fit their workout sessions into their busy schedules. Moreover, these gyms play a major role in enhancing worker performance, resulting in stress relief and improved concentration. The market segmentation includes end-user, type, and distribution channel. The end-user segment comprises corporate office, hotel, health club/gym, apartment, home, and others.

Total Fitness Equipment, Nautilus Inc, Life Fitness, Peloton Interactive Inc, Technogym SPA, Precor Incorporated, and True Fitness Technology Inc are key companies profiled in the market report.

Precor Incorporated provides fitness products and services across all categories, including cardio, strength, functional fitness, connected solutions, and group training. It serves clients across commercial clubs, corporate, education, family housing, etc. The company’s product line includes treadmills, ellipticals, recumbent bikes, upright bikes, and others. Precor has offices across various regions, including the Middle East and Africa.

Precor introduced its smartwatch connector for Apple Watch, a cardio console. It essentially links Apple GymKit technology connected to its cardio equipment to an Apple watch. This permits the user to obtain accurate data on the P82 console screen.

 

Key deliverables of the report:

      Market CAGR during the forecasting years 2022-2028

      Detailed data highlighting key insights, industry components, and market strategies

      Comprehensive information and estimation of the fitness equipment market revenue growth in the Middle East and Africa and its influence on the parent market

      In-depth study of forthcoming trends in consumer behavioral patterns

      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

      A wide-ranging study of factors that will challenge the Middle East and Africa fitness equipment market’s growth during the upcoming years

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Table of Content

1. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON FITNESS EQUIPMENT MARKET

2.2. KEY INSIGHTS

2.2.1. RISING ADOPTION OF WEARABLE DEVICES

2.2.2. INCREASING POPULARITY OF HIGH-INTENSITY INTERVAL TRAINING

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. MERGERS & ACQUISITIONS

2.6.2. CONTRACTS & AGREEMENTS

2.6.3. PRODUCT LAUNCHES

2.6.4. EXPANSIONS & DIVESTITURES

2.7. MARKET DRIVERS

2.7.1. GROWING POPULARITY OF FITNESS CULTURE

2.7.2. RISING HEALTH CONSCIOUSNESS DUE TO AN INCREASE IN OBESITY

2.7.3. ADVANTAGES OF FITNESS EQUIPMENT

2.8. MARKET CHALLENGES

2.8.1. INCREASING FRAUDULENT PRODUCTS

2.8.2. COSTLY FITNESS EQUIPMENT

2.9. MARKET OPPORTUNITIES

2.9.1. INCREASING HOME WORKOUTS

2.9.2. APPLICATIONS OF SMART HOME GYM EQUIPMENT

3. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET OUTLOOK - BY TYPE

3.1. CARDIOVASCULAR EQUIPMENT

3.2. STRENGTH TRAINING EQUIPMENT

3.3. OTHER EQUIPMENT

4. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET OUTLOOK - BY END-USER

4.1. HOME

4.2. APARTMENT

4.3. HEALTH CLUB/GYM

4.4. HOTEL

4.5. CORPORATE OFFICE

4.6. OTHERS

5. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET OUTLOOK - BY DISTRIBUTION CHANNEL

5.1. ONLINE

5.2. OFFLINE

6. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET – REGIONAL OUTLOOK

6.1. UNITED ARAB EMIRATES

6.2. SAUDI ARABIA

6.3. TURKEY

6.4. SOUTH AFRICA

6.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. CORE HEALTH AND FITNESS LLC

7.2. CYBEX INTERNATIONAL INC

7.3. GYMEQUIP EU

7.4. HEINZ KETTLER GMBH AND CO KG

7.5. IFIT HEALTH AND FITNESS INC

7.6. IMPULSE HEALTH TECH CO LTD

7.7. JOHNSON HEALTH TECH CO LTD

7.8. LIFE FITNESS

7.9. NAUTILUS INC

7.10. PELOTON INTERACTIVE INC

7.11. PRECOR INCORPORATED

7.12. TECHNOGYM SPA

7.13. TOTAL FITNESS EQUIPMENT

7.14. TRUE FITNESS TECHNOLOGY INC

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: PERCENTAGE OF OBESE ADULTS BY COUNTRY IN 2021

TABLE 4: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 5: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 6: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $ MILLION)

TABLE 7: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 3: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY CARDIOVASCULAR EQUIPMENT, 2022-2028 (IN $ MILLION)

FIGURE 4: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY STRENGTH TRAINING EQUIPMENT, 2022-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY OTHER EQUIPMENT, 2022-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 7: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY HOME, 2022-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY APARTMENT, 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY HEALTH CLUB/GYM, 2022-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY HOTEL, 2022-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY CORPORATE OFFICE, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2028 (IN %)

FIGURE 14: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY ONLINE, 2022-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, BY OFFLINE, 2022-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 17: UNITED ARAB EMIRATES FITNESS EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 18: SAUDI ARABIA FITNESS EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 19: TURKEY FITNESS EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: SOUTH AFRICA FITNESS EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: REST OF MIDDLE EAST & AFRICA FITNESS EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

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