Saudi Arabia Home Fitness Equipment Market - By Product Type (Treadmills, Elliptical Machines, Stationary Cycles, Rowing Machines, Strength Training Equipment, Others); By Training Type (Cardiovascular Training Equipment, Strength Training Equipment, Othe

Saudi Arabia Home Fitness Equipment Market - By Product Type (Treadmills, Elliptical Machines, Stationary Cycles, Rowing Machines, Strength Training Equipment, Others); By Training Type (Cardiovascular Training Equipment, Strength Training Equipment, Others); By Distribution Channel (Offline, Online), Trend Analysis, Competitive Landscape & Forecast, 2023–2029

Saudi Arabia Home Fitness Equipment Market Size Set to Grow at CAGR of 14.2% during 2023–2029
Saudi Arabia home fitness equipment market is gaining traction because of the increasing health consciousness among people, focus on managing the increasing prevalence of various chronic and lifestyle diseases, and increasing purchasing power of consumers.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Saudi Arabia home fitness equipment market to grow at a significant CAGR of 14.2% during the forecast period between 2023 and 2029. The industry experienced tremendous expansion after the COVID-19 pandemic when gyms were shut down and public awareness of health issues soared. A significant element fueling the market's expansion is the region's wealthy customer base and the severe cultural values that prevent a certain segment of the population from using public gyms. To meet this need, home fitness equipment producers are introducing novel items, which is predicted to fuel the expansion of the Saudi Arabian home fitness equipment market overall throughout the forecast period.
Saudi Arabia Home Fitness Equipment Market – Overview
Equipment used at home for physical activity to improve the body's conditioning or strength is referred to as home exercise/fitness equipment. With the increasing health consciousness among people, they are increasingly creating a workout space in their homes. Equipment like smart bikes, rowing machines, home exercise bikes, medicine balls, and treadmills are already taking up so much space in the homes of Saudis. Home workout is gaining huge popularity in Saudi Arabia because of their many benefits such as it saves time and money by saving commuting time and gym subscription fees, providing privacy, offering flexibility, etc.
Saudi Arabia Home Fitness Equipment Market – By Distribution Channel
Based on distribution type, the Saudi Arabia home fitness equipment market is segmented into offline and online. The offline segment dominates the Saudi Arabia home fitness equipment market. Many specialty stores and shopping complexes offering home fitness equipment allow customers to make real-time purchases of equipment. The shopkeepers or salespersons also assist the customers in choosing the right product according to their needs and personal space. However, the online segment is expected to witness the biggest growth owing to the COVID–19 pandemic which led to the closure of offline stores.
Impact of COVID-19 on Saudi Arabia Home Fitness Equipment Market
The COVID-19 pandemic outbreak provided significant growth opportunities to Saudi Arabia home fitness equipment market. Health consciousness among citizens spiked to prevent themselves from virus infection or other types of lifestyle diseases. However, the lockdown imposed by the Saudi government halted the gym operating in the country, which barred people from working out in gyms. This resulted in a significant shift from outdoor gyms to home fitness equipment. Furthermore, working out at home with home fitness equipment also ensured social distancing and prevented the communication of viruses. Due to all these factors, the market is anticipated to flourish in the post–COVID–19 period.
Competitive Landscape
Major players operating in Saudi Arabia home fitness equipment market include Technogym SpA, NordicTrack, Precor Incorporated, Core Health & Fitness LLC, Sparnod General Trading LLC, ACTIVE FITNESS STORE LLC, Nortus Fitness, Athleco, FitOne.com, and Sun & Sand Sports. 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 Saudi Arabia Home Fitness Equipment Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Home Fitness Equipment 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.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Home Fitness Equipment Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing awareness about maintaining a healthy lifestyle
3.2.1.2. Increasing prevalence of chronic diseases
3.2.1.3. Increasing personal disposable income.
3.2.2. Restraints
3.2.2.1. High initial investment
3.2.2.2. Low resale value
3.2.3. Opportunities
3.2.3.1. Rising prevalence of cardiovascular diseases
3.2.3.2. Rapid expansion of health and wellness industry
3.2.4. Challenges
3.2.4.1. Rising adoption of alternative exercise regime
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Saudi Arabia Home Fitness Equipment Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Product Type
4.2.1.1. Treadmills
4.2.1.2. Elliptical Machines
4.2.1.3. Stationary Cycles
4.2.1.4. Rowing Machines
4.2.1.5. Strength Training Equipment
4.2.1.6. Others
4.2.2. By Training Type
4.2.2.1. Cardiovascular Training Equipment
4.2.2.2. Strength Training Equipment
4.2.2.3. Others
4.2.3. By Distribution Channel
4.2.3.1. Offline
4.2.3.2. Online
5. Competitive Landscape
5.1. List of Key Players and Their Range
5.2. Saudi Arabia Home Fitness Equipment Company Market Share Analysis, 2022
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Development (Merger, Acquisition, Partnership, and others)
6. Impact of Covid-19 on Saudi Arabia Home Fitness Equipment Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
7.1. Technogym SpA
7.2. NordicTrak
7.3. Precor Incorporated
7.4. Core Health & Fitness LLC
7.5. Sparnod General Trading LLC
7.6. ACTIVE FITNESS STORE LLC
7.7. Nortus Fitness
7.8. Athleco
7.9. FitOne.com
7.10. Sun & Sand Sports
7.11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
9.1. Qualitative Research
9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
9.3.1. Secondary Research
9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Region
9.5. Assumption & Limitation
List of
Figures
Figure 1 Saudi Arabia Home Fitness Equipment Market Segmentation
Figure 2 Saudi Arabia Home Fitness Equipment Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Saudi Arabia Home Fitness Equipment Market Size, By Value (USD Million), 2019–2029
Figure 5 Saudi Arabia Home Fitness Equipment Market Share, By Product Type, By Value, 2019–2029
Figure 6 Saudi Arabia Home Fitness Equipment Market Share, By Training Type, By Value, 2019–2029
Figure 7 Saudi Arabia Home Fitness Equipment Market Share, By Distribution Channel, By Value, 2019–2029
List of
Tables
Table 1 Saudi Arabia Home Fitness Equipment Market Size, By Product Type, By Value, 2019–2029
Table 2 Saudi Arabia Home Fitness Equipment Market Size, By Training Type, By Value, 2019–2029
Table 3 Saudi Arabia Home Fitness Equipment Market Size, By Distribution Channel, By Value, 2019–2029
Table 5 Technogym SpA Company Overview
Table 6 Technogym SpA Financial Overview
Table 7 NordicTrak Company Overview
Table 8 NordicTrak Financial Overview
Table 9 Precor Incorporated Company Overview
Table 10 Precor Incorporated Financial Overview
Table 11 Core Health & Fitness LLC Company Overview
Table 12 Core Health & Fitness LLC Financial Overview
Table 13 Sparnod General Trading LLC Company Overview
Table 14 Sparnod General Trading LLC Financial Overview
Table 15 ACTIVE FITNESS STORE LLC Company Overview
Table 16 ACTIVE FITNESS STORE LLC Financial Overview
Table 17 Nortus Fitness Company Overview
Table 18 Nortus Fitness Financial Overview
Table 19 Athleco Company Overview
Table 20 Athleco Financial Overview
Table 21 FitOne.com Company Overview
Table 22 FitOne.com Financial Overview
Table 23 Sun & Sand Sports Company Overview
Table 24 Sun & Sand Sports Financial Overview

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