The phrase “fitness equipment” refers to gadgets and machinery made specifically to encourage physical activity and exercise. These technologies improve the health, strength, and flexibility of our bodies. Similar to how we go to school to broaden our education, using exercise equipment is like going to the gym so that our bodies can become stronger and fit.
According to SPER market research, ‘Saudi Arabia Fitness Equipment Market Size- By Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Saudi Arabia Fitness Equipment Market is predicted to reach USD XX billion by 2033 with a CAGR of 13.9%.
Saudi Arabia Gym Equipment Market has several drivers and challenges. No communicable illnesses are responsible for 73% of all mortality in Saudi Arabia, according to Health Research Policy and Systems. Cardiovascular illnesses account for 37% of these, with cancer accounting for 10%, diabetes accounting for 3%, respiratory diseases accounting for 3%, and other NCDs accounting for 20%. Saudis are becoming increasingly concerned about their health as the prevalence of many chronic diseases rises alarmingly. As a result, consumers are spending more money on fitness equipment that encourages them to exercise on a regular and consistent basis. As a result, the Saudi Arabian home fitness equipment market is expected to expand throughout the forecast period.
The prohibitively expensive price of high-end workout equipment, on the other hand, may significantly limit demand for fitness equipment in Saudi Arabia. A nice treadmill, for example, costs roughly $1,000. A rowing machine typically costs between $1,000 and $2,000 USD. This may deter some people from acquiring home exercise equipment, particularly those in the middle and lower classes. Another impediment to the growth of the Saudi home exercise equipment market could be the lack of commercial gyms, gym memberships, and gym subscriptions.
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The COVID-19 pandemic epidemic created enormous expansion opportunities for the Saudi exercise equipment industry. The need to protect against viruses and other sorts of lifestyle problems has enhanced citizens’ knowledge of their health. However, due to the Saudi government’s shutdown, no gyms in the nation were open for business. As a result, home workout equipment surpassed outdoor gyms in popularity. Using home training equipment also reduced the spread of infections while maintaining social isolation. All of these indicators point to the market thriving following COVID-19.
Furthermore, The KSA Exercise Equipment Market is characterized by a heterogeneous regional environment, with varying degrees of demand and preferences for exercise equipment around the country. There is a considerable concentration of gyms, fitness centers, and health-conscious individuals in metropolitan areas such as Riyadh, Jeddah, and Dammam, which are the main cities and economic hubs. Additionally, some of the market key players are Amer Sports, BRUNSWICK CORPORATION, Core Health & Fitness LLC, Fitness EM, Icon Health and Fitness, Johnson Health Tech Co., Nautilus Inc.
KSA Fitness Equipment Market Segmentation:
By Type: Based on the Type, Saudi Arabia Fitness Equipment Market is segmented as; Cardiovascular Training Equipment, Strength Training Equipment, Other Equipment.
By End User: Based on the End User, Saudi Arabia Fitness Equipment Market is segmented as; Home Consumer, Health Clubs/Gyms, Others.
By Region: This research also includes data for Northern Region, Eastern Region, Western Region, Southern Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Saudi Arabia Fitness Equipment Market Future Opportunities
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