MEA Fitness Equipment Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Middle East and Africa Fitness Equipment Market Size- By Product Type, By Application, By Gender, By Buyer Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: MACH2426 | Pages: 1 - 152 | Formats*: |
| Category : Equipment and Machinery | |||
Middle East and Africa Fitness Equipment Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Fitness Equipment Market is estimated to reach USD 565.59 million by 2033 with a CAGR of 4.81%.
The report includes an in-depth analysis of the Middle East and Africa Fitness Equipment Market, including market size and trends, product mix, applications, and supplier analysis. Exercise equipment is any apparatus or gadget used during physical activity to improve the experience or result of an exercise regimen, or to increase the strength or conditioning effects of that exercise by providing either fixed or adjustable quantities of resistance. Fitness equipment comes in a wide range of designs and targets different muscle groups for strength and endurance. Leg presses to develop the quadriceps and hamstrings, leg machines to target the calf muscles, and treadmills for cardiovascular health and lower body strength are examples of leg fitness equipment. Static bikes also provide low-impact leg exercises. For stability and strength training, leg muscles can also be worked with adaptable equipment such balance boards and resistance bands.
- March 2023; In order to grow throughout the GCC, Core Health & workout teamed up with CRANK, a specialized workout studio in the United Arab Emirates. The RIDE program at CRANK will feature indoor bikes from Core Health & Fitness, improving the workout environment within the studio.
- June 2022; Johnson Health Tech created a wholly-owned subsidiary in India by purchasing Cravatex Brands Limited's fitness segment. By investing in manufacturing know-how and product development, Johnson Health Tech grew its company and improved the fitness sector.
Market Opportunities and Challenges
People are becoming more health conscious and buying home gym equipment like treadmills, stationary bikes, and weights to include fitness into their daily routines as they become more aware of the advantages of regular exercise. Smart fitness trackers, for example, provide personalized exercise routines, instantaneous performance evaluations, and dietary suggestions based on personal parameters such as heart rate and sleep habits. Because of the degree of customisation available, users can tailor their fitness journeys to suit their interests and get better results, which is what makes these technologies so popular in the market.
Traditional exercise equipment sales face a serious threat from the rise of mobile fitness applications and subscription-based online training programs. These less priced and more convenient options tempt customers to forgo purchasing large, pricey equipment. The increasing attraction of digital platforms for fitness solutions that are accessible and flexible is likely to reduce the demand for physical fitness equipment. Many consumers find it difficult to afford the high initial cost of installing fitness equipment, especially when it comes to specialized or high-end options.
Market Competitive Landscape
Fitness equipment sales in the Middle East and Africa (MEA) are fiercely competitive, with both long-standing companies and recent arrivals fighting for market dominance. Well-known brands enjoy the advantages of wide distribution networks, devoted consumer bases, and high brand awareness. The major players in the market are Nautilus Inc., Life Fitness, Johnson Health Tech, True, iFIT., Torque Fitness, Body-Solid Inc., Core Health & Fitness., Afton, Fitness World, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Application, By Gender, By Buyer Type |
| Regions covered | Israel, Kingdom of Saudi Arabia, United Arab Emirates, Qatar, South Africa, Egypt, Morocco, Nigeria, Rest of Middle-East and Africa |
| Companies Covered | Nautilus Inc., Life Fitness, Johnson Health Tech, True, iFIT., Torque Fitness, Body-Solid Inc., Core Health & Fitness., Afton, Fitness World, Others. |
COVID-19 Impact on Middle East and Africa Fitness Equipment Market
The COVID-19 epidemic had a major effect on the Middle East and Africa (MEA) exercise equipment market. Lockdowns and social distancing measures caused gyms and fitness facilities to close, which in turn caused a move towards home-based workout solutions. Customers purchased treadmills, stationary bikes, weights, and resistance bands in order to continue their workout regimens at home, creating a spike in the demand for home fitness equipment. The growing popularity of online training sessions and virtual fitness classes served as additional evidence for this change.
Key Target Audience:
- Fitness Equipment Manufacturers and Suppliers
- Investors and Venture Capitalists
- Retailers and Distributors
- Fitness Industry Professionals
- Health and Wellness Enthusiasts
Our in-depth analysis of the Middle East and Africa Fitness Equipment Market includes the following segments:
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Key Topics Covered in the Report:
- Middle East and Africa Fitness Equipment Market Size (FY’2024-FY’2033)
- Overview of Middle East and Africa Fitness Equipment Market
- Segmentation of Middle East and Africa Fitness Equipment Market By Product Type (Strength Training Equipment, Cardiovascular Training Equipment, Body Composition Analyser, Fitness Monitoring Equipment)
- Segmentation of Middle East and Africa Fitness Equipment Market By Application (Weight Loss, Body Building, Physical Fitness, Mental Fitness)
- Segmentation of Middle East and Africa Fitness Equipment Market By Gender (Male, Female)
- Segmentation of Middle East and Africa Fitness Equipment Market By Buyer Type (Individual, Institution)
- Statistical Snap of Middle East and Africa Fitness Equipment Market
- Expansion Analysis of Middle East and Africa Fitness Equipment Market
- Problems and Obstacles in Middle East and Africa Fitness Equipment Market
- Competitive Landscape in the Middle East and Africa Fitness Equipment Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Fitness Equipment Market
- Details on Current Investment in Middle East and Africa Fitness Equipment Market
- Competitive Analysis of Middle East and Africa Fitness Equipment Market
- Prominent Players in the Middle East and Africa Fitness Equipment Market
- SWOT Analysis of Middle East and Africa Fitness Equipment Market
- Middle East and Africa Fitness Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Middle East and Africa Fitness Equipment Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Fitness Equipment Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Fitness Equipment Market
7. Middle East and Africa Fitness Equipment Market, By Product Type (USD Million) 2020-2033
7.1. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Product Type, 2020-20267.2. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Product Type, 2027-20337.3. Strength Training Equipment7.4. Cardiovascular Training Equipment7.5. Body Composition Analyser7.6. Fitness Monitoring Equipment
8. Middle East and Africa Fitness Equipment Market, By Application (USD Million) 2020-2033
8.1. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Application, 2020-20268.2. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Application, 2027-20338.3. Weight Loss8.4. Body Building8.5. Physical Fitness8.6. Mental Fitness
9. Middle East and Africa Fitness Equipment Market, By Gender (USD Million) 2020-2033
9.1. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Gender, 2020-20269.2. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Gender, 2027-20339.3. Male9.4. Female
10. Middle East and Africa Fitness Equipment Market, By Buyer Type (USD Million) 2020-2033
10.1. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Buyer Type, 2020-202610.2. Middle East and Africa Fitness Equipment Market Size, Share and Forecast, By Buyer Type, 2027-203310.3. Individual10.4. Institution
11. Middle East and Africa Fitness Equipment Market Forecast, 2020-2033 (USD Million)
11.1. Middle East and Africa Fitness Equipment Market Size and Market Share
12. Middle East and Africa Fitness Equipment Market, By Region, 2020-2033 (USD Million)
12.1. Middle East and Africa Fitness Equipment Market Size and Market Share By Region (2020-2026)12.2. Middle East and Africa Fitness Equipment Market Size and Market Share By Region (2027-2033)12.3. Israel12.4. Kingdom of Saudi Arabia12.5. United Arab Emirates12.6. Qatar12.7. South Africa12.8. Egypt12.9. Morocco12.10. Nigeria12.11. Rest of Middle-East and Africa
13. Company Profile
13.1. Nautilus Inc.13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Life Fitness13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Johnson Health Tech13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. True13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. iFIT.13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Torque Fitness13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Body-Solid Inc.13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Core Health & Fitness.13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Afton13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Fitness World13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Middle East and Africa Fitness Equipment Market is projected to reach USD 565.59 million by 2033, growing at a CAGR of 4.81% during the forecast period.
Middle East and Africa Fitness Equipment Market grew in market size from 2024. The Market is expected to reach USD 565.59 million by 2033, at a CAGR of 4.81% during the forecast period.
Middle East and Africa Fitness Equipment Market CAGR of 4.81% during the forecast period.
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Middle East and Africa Fitness Equipment Market size is USD 565.59 million from 2024 to 2033.
Middle East and Africa Fitness Equipment Market Segment is Covered By Product Type, By Application, By Gender, By Buyer Type
The Middle East and Africa region is anticipated to have the highest market share in Middle East and Africa Fitness Equipment Market.
The key players in the market include Companies Covered Nautilus Inc., Life Fitness, Johnson Health Tech, True, iFIT., Torque Fitness, Body-Solid Inc., Core Health & Fitness., Afton, Fitness World, Others.
The increasing attraction of digital platforms for fitness solutions that are accessible and flexible is likely to reduce the demand for physical fitness equipment. Many consumers find it difficult to afford the high initial cost of installing fitness equipment, especially when it comes to specialized or high-end options.
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