Egypt Fitness Market is anticipated to grow at a tremendous rate @16.0% CAGR on account of increasing health concern among the population and their escalating willingness to spend on fitness services: Ken Research

Egypt News

  • Increasing awareness about the consequences of obesity that include high blood pressure, heart strokes, and diabetes will spur the demand for boutique and budget fitness centers in the country.
  • The offline fitness centers in Egypt Health and Fitness market are expected to contribute majority of the revenue share with online fitness market anticipated to show a tremendous double digit growth @31.7% CAGR in the forecasted year.
  • Reform in curriculum by Egyptian Government to accommodate more formal Physical Education with hope to create positive perception public towards health and fitness will drive the growth of University based Fitness Centers.

Growth in Hotel Based Fitness Centers: A growing desire for maintaining healthy lifestyles and enjoying unique experiences while traveling along with eestablishments of 50 more star hotels, belonging to hospitality giants like Marriott, Accor, Hilton which are in the pipeline will result into growing hotel-based fitness centres in Egypt.

Diversified Offerings: In upcoming future, the market will be driven by the hybrid clubs which are not only equipped with fitness equipments but will also offer bundled wellness services such as spa therapies, beauty services and salon services under a single roof.

Growth of Digital Fitness Applications: Digital fitness application in Egypt is expected to contribute $75.1 Mn Revenue in 2025 with total penetration to increase from 13.1% in 2020 to 29.6% in 2025. Digital variations and tech innovations such as including online database engines that customize fitness training programs based on an individual’s profile and a system that displays live heart-rate data so the leader of a group-exercise session can offer one-on-one guidance in real time will lead to the growth of digital fitness market.

The report titled Egypt Fitness Services Market Outlook to 2025F – Driven by Growing health and fitness consciousness and Increasing Obesity among Consumers in the Countryby Ken Research suggested that growing awareness of health benefits, increasing disposable income, rising awareness regarding obesity along with growing annual sponsored events has been the major key factors which drives the demand for fitness services centers in Egypt. The market is further expected to register a positive five-year CAGR of 17.2% in terms of revenue during the forecast period 2020-2025F.

Key Segments Covered in Egypt Fitness Market:-

Direct Economic Impact of Fitness Centres

Overview of Commercial Gyms in Egypt Health and Fitness Market

Overview of Fitness Centres in Hotels and Resorts

Overview of Fitness Centres in Schools and Universities

Overview of Fitness Centres in Residential Townships/Compounds

Overview of Fitness Centres in Hospitals

Overview of Fitness Centres in Sports Clubs and Govt. Organizations

Indirect Economic Impact of Fitness Centres

Egypt Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Estimated Cost of Constructing a Fitness Centre

Key Target Audience:-

Fitness Equipment Manufacturers

Fitness Equipment Distributors

Fitness Centres

Government Organizations

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2020–2025

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Key Topics Covered in the Report:-

Socio-Economic Landscape of Egypt

Direct and Indirect Economic Impact of Fitness Industry in Egypt

Overview of Commercial Gyms in Egypt Health and Fitness Market

Snapshot of Digital Fitness Market in Egypt

Assessment of the Indirect Economic Impact of Fitness Industry in Egypt

Egypt Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Assessment of the Indirect Economic Impact of Fitness Industry in Egypt

Overview of Healthcare Scenario/Health Statistics

Potential Health Implications and Health Cost Reductions

Customer Mindset for Fitness Services

Impact of COVID 19 on Fitness Industry in the Egypt

Future Outlook and Projections for Egypt Fitness Services Market

White space and Opportunities existing in the Egypt Fitness Services Market

Research Methodology

Egypt Fitness Services Industry

Egypt Fitness Services Market Revenue

Egypt Fitness Services Market Sales

Covid-19 Impact Egypt Fitness Services Industry

Fitness Industry Egypt

Fitness Market Egypt

Digital Fitness Market in Egypt

Commercial Gyms in Egypt Health and Fitness Market

Egypt Fitness Centres in Hotels and Resorts

Egypt Fitness Centres in Schools and Universities

Egypt Fitness Centres in Hospitals

Egypt Fitness Centres in Sports Clubs

Egypt Fitness Centres in Government Organizations

Egypt Fitness Equipment Industry

Fitness Equipment Market Egypt

Residential Gyms Egypt

University Gyms Egypt

Medical Fitness Centres Egypt

For More Information on the research report, refer to below link:-

Egypt Fitness Services Market

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