According to SPER Market Research, the Egypt Fitness Services Market is experienced rapid growth as public awareness of obesity and other chronic conditions made worse by insufficient exercise has developed. This is seen visually by the increase in the number of gyms and fitness centres around the country. Although the market for these services is still largely unexplored, Egypt’s populace often visits fitness centres. Growing disposable income and enhanced fitness centre infrastructure are driving the market’s expansion. In Egypt, there is an increase in both low-cost fitness franchises and high-end, tech-enhanced exercise choices, many of which have cult followings and respectable social media profiles. Customers who utilise the fitness centre’s exercise services have preventative health benefits, which significantly reduce the occurrence of chronic diseases associated with physical inactivity.
If a sizeable fraction of the population affected by lifestyle disorders uses a facility, there will be significant estimated savings in direct health care costs. The majority of these savings come from lower yearly costs for cardiovascular disease as well as more productivity and engagement at work. The fitness business in Egypt is expected to grow by double digits as a result of fast rising consumer expenditure and interest in all wellness-related behaviours and lifestyles.
Egypt Fitness Services Market Overview:
Forecast CAGR (2022-2032): 17.48%.
Forecast Market Size (2032): 0.52 billion
Impact of COVID-19 on the Egypt Fitness Services Market:
Industry sectors affected by the fitness market include technology, construction, real estate, apparel & footwear, and exercise equipment. More people are exercising at home to prevent getting the virus as a result of sedentary lives, hectic schedules, and the COVID-19 epidemic, which is encouraging the use of in-home exercise equipment. Treadmills, workout equipment, and cardio equipment are the top-selling commodities on the Egyptian fitness equipment market. While the online fitness market is anticipated to grow by double digits in the anticipated year, offline fitness facilities are forecasted to account for the majority of the revenue share in the Egypt health and fitness market. The alarming increase in adult obesity-related issues and the risks of a sedentary lifestyle make maintaining a healthy weight more crucial than ever. Additionally, since locals have been urged to lead active, healthy lives, the market for fitness services has significantly grown. The emergence of health and fitness centres like gyms and fitness centres, rising consumer spending power in developing countries, the accessibility of inexpensive exercise equipment, personal trainers, and highly effective and cutting-edge wireless healthcare technologies have all aided in the market’s steady growth.
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Egypt Fitness Services Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
- Membership Subscription
- Personal Training
By End User:
- Commercial Gyms
- Medical Fitness Centers
- Residential Townships/Compounds
- The Eastern Egypt
- The Nile valley and delta
- The Sinai Peninsula
- The Western Egypt
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Egypt Fitness Services Market Key Players:
The Egypt Fitness Services Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Agzakhana, Aurascent, Check Me Health, Daily Medicalinfo, eDoctor. Clinic, Gold’s Gym Egypt, Heal CounselingCenter, Health, LLC., Hospitalia, HypnoYogaDiet, Max Muscle Egypt, Med Care, Middle East Medicare, Organic pharma Company, Osana Family Wellness, Parkour Egypt, Sun Realm (Health & Wellness), Tele-Med International, The Field of Awakening, The Science Gym, YouMeda.
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