Middle East And Africa Fitness Equipment Market 2022-2028
MARKET OUTLOOK
Triton Market Research’s report states that the Middle East and Africa’s fitness equipment market is projected to advance in terms of revenue at a compound annual growth rate of 4.94% during the forecast years 2022-2028. Turkey, South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa shape the market in the considered region.
In Turkey, the fitness industry has observed substantial growth over the past few years. Over 1500 gyms have been set up in the country, contributing significantly to the health and fitness industry’s development. Besides, several women-only gyms have been established. This growth is essential to reduce the growing obesity levels in the nation. Therefore, the rising number of gyms and fitness centers, in addition to the growing obesity rate, drives the growth of the fitness equipment market immensely.
Similarly, obesity has emerged as a major concern for people in South Africa. As per the Western Cape Government, a significant percentage of women suffer from obesity, followed by men and children. As a result, several gyms have been established to encourage fitness trends among the population. Additionally, the country is witnessing a surge in fitness clubs, which fuels the demand for fitness gear. Thus, as mentioned above, these factors are anticipated to propel the South African fitness equipment market on a progressive path over the forecast period.
COMPETITIVE OUTLOOK
The key companies in the fitness equipment market are Johnson Health Tech Co Ltd, Heinz Kettler GmbH and Co KG, Core Health and Fitness LLC, Impulse Health Tech Co Ltd, and Life Fitness.
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