Kuwait Fitness Service Market Outlook to 2027F
The report provides a comprehensive analysis of the potential of fitness service industry in Kuwait. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentations include by market structure, be revenue stream, by subscription, by age, by income group and by region; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Kuwait Fitness Service Market which grew from approximately KWD ~ Mn in 2017 to approximately KWD ~ Mn in 2022 is forecasted to grow further into KWD ~ Mn opportunity by 2027F, owing to the demand for female trainers, rise in health consciousness and changing lifestyle.
Increasing awareness about the consequences of lifestyle related diseases such as obesity that include high blood pressure, heart strokes, and diabetes are expected to intensify the number of subscribers in Kuwait.
Studios are expected to adapt to the online space post pandemic and expand their offerings by providing digital fitness application with personalized training and highly discounted one-on-one virtual personal training sessions.
Key Trends by Market Segment:
By Gender: Due to traditional restrictions connected with women in Kuwait, the market for fitness services has been primarily driven by the country's male population. Women have become more conscientious, and there has been an increase in the number of female members at various fitness service facilities across the country. Female-specific services and fitness centers are already in high demand, and this trend is expected to grow.
By Market Structure: The unorganized sector has supplied the vast majority of the revenue generated by fitness services. The organized sector, which comprises institutions such as men's gyms, women's gyms, mixed gyms, and cross fit, provided the remaining market share.
Competitive Landscape
Future Outlook
Kuwait Fitness Service Market is on the rise, and more and more Kuwait population are demanding fitness services. Therefore, it will boost the market in Kuwait. Additionally, factors like virtual fitness training, growing health and fitness consciousness, increasing obesity and lifestyle will also support the market in future.
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