Market by Type, End-user, Distribution Channel, and Country | Forecast 2022-2028
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.
Report scope can be customized per your requirements. Request For Customization
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
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
Market By Category, Applicatio ..
VIEW REPORT
Market by RTD Type | Forecast ..
VIEW REPORT
Market by Product Type | Forec ..
VIEW REPORT
Market by Product, Application ..
VIEW REPORT
Market By Product Type, Specie ..
VIEW REPORT
Market by Ingredient Type, Age ..
VIEW REPORT
Market By Demographics, Produc ..
VIEW REPORT
Market by Type, Sales Channel, ..
VIEW REPORT1. 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
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)
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)