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Growing Obesity Rates leading to Increase in Health, Fitness and Diet Programmes along with Growth of Budget Fitness Centres in Egypt has significantly led to increase in revenues of fitness centres: Ken Research

Currently, the fitness industry in Egypt is still in a growth stage and traditional gyms tend to offer homogenous products focusing on providing strength training and HIIT.

Focus on Targeting Mass Market: Most fitness brands in Egypt are positioned towards the mid-to-low end of the market, targeting the mass public. A number of boutique fitness centers have sprung due to increase in disposable income and high member participation rate but demand for budget fitness centers is still on the rise.

High Obese and Obesity Rate: Over a third (30-35%) of adults in Egypt are obese which is one of the highest rates in the world. Overweight and obesity among school children constitutes an emerging concern and has increased from 15% in 2010 to 24.1 in 2020 making it essential for people to join fitness centers.

Concentrated Locations for Fitness Centers: Majority of the fitness centres in Egypt are clustered in prime locations near Cairo and Alexandria (or particularly the north east part of the country) as an increasing number of Baby Boomers are driving gym memberships as an active subscriber base in such locations. Majority of the hotel based fitness centers are also clustered in four key cities in Egypt, namely Cairo, Alexandria, Hurghada, and Sharm El Shiekh.

Government Initatives: Initiatives such as National Sports Day and Annual sponsored fitness events like Ooredoo Marathon are taken up by the government to raise awareness about healthy lifestyle and physical activity, which in turn has led to active participation and increased memberships in fitness centers.

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.

egypt-fitness-services-market

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

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

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

Egypt Fitness Services Market

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