Qatar Fitness Equipment Market Growth, Size, Trends, Revenue, Future Outlook
Qatar Fitness Equipment Market Size- By Type, By End-User, By Price- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: MACH2353 | Pages: 1 - 103 | Formats*: |
| Category : Equipment and Machinery | |||
Qatar Fitness Equipment Market Introduction and Overview
According to SPER Market Research, the Qatar Fitness Equipment Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Qatar Fitness Equipment Market, including market size and trends, product mix, Applications, and supplier analysis. Any machine or apparatus used during physical activity to increase the strength or conditioning effects of such exercise by providing either fixed or adjustable degrees of resistance is referred to as fitness equipment. It consists of free weights, machine weights, ellipticals, rowing machines, treadmills, and exercise bikes.
- January 2022: Sahtak Awalan launches a cutting-edge fitness box campaign in Qatar, hosting solar-powered, sustainable fitness box installations made from recycled shipping containers and outfitted with enormous screens to stream customised free fitness classes taught by well-known instructors to the neighbourhood.
- February 2022: After seeing a pandemic-driven spike in consumer demand over the past two years, exercise equipment stores in Qatar continue to experience strong sales.
Market Opportunities and Challenges
Opportunities: Qatar will see an increase in demand for fitness equipment due to the rising emphasis on health and wellness and the rising number of people participating in sports. Additionally, over the projection period, rising disposable income among consumers is likely to create opportunities to support this market's expansion even more.
Further, people are encouraged to focus more on their well-being by purchasing high-quality fitness products as a result of growing knowledge of physical activity and the advantages it has for keeping excellent health. Additionally, gym equipment is now connected to mobile applications, enabling greater tracking capabilities, thanks to technology breakthroughs like Bluetooth enabled gadgets. Over the upcoming years, it is projected that this tendency would greatly boost industry expansion.
Challenges: Growth is constrained by some exercise equipment that is offered at exorbitant prices, especially for middle- and low-income individuals. High-tech exercise gear and fitness wearables have increased in price as a result of technological improvement. The original cost of fitness equipment and fitness devices is immediately increased by the inclusion of many features, such as high-quality displays, improved power efficiency, tracking of extra vitals, wireless connectivity, and upgraded software, among others. The use of wearable technologies by various clients is increasing their spending on healthcare related to fitness. As more applications are available for wearable devices, demand grows, which directly affects their high price.
Market Competitive Landscape
The major players in the market include: Al Emadi Fitness, American Eagle Sport, Anex Fitness Qatar, Decathlon Qatar, FitQatar, Green Sports – Fitness / Gym Equipment Supplies, Nortus Fitness, Olympia Sports, Peloton Interactive Inc., Prector, Shua Fitness, Sports Village, Technogym S.P.A, Torque, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By End-User, By Price |
| Regions covered | Al Daayen, Al Khor, Al Rayyan, AL Shahaniya, Al Shamal, Al Wakra, Doha, Umm Salal |
| Companies Covered | Al Emadi Fitness, American Eagle Sport, Anex Fitness Qatar, Decathlon Qatar, FitQatar, Green Sports – Fitness / Gym Equipment Supplies, Nortus Fitness, Olympia Sports, Peloton Interactive Inc., Prector, Shua Fitness, Sports Village, Technogym S.P.A, Torque, Others |
COVID-19 Impact on Qatar Fitness Equipment Market
After the Global Lockdown, people are more conscious of hygienic practises and public space decorum than they were before. The demand for at-home exercise equipment is expected to increase in 2020 as a result of market closures, rising self-care product awareness, and expanding fitness trends among the general population. Furthermore, the use of in-home fitness equipment is a result of sedentary lives and busy schedules. The cost of a gym membership is reduced by using fitness equipment at home to exercise. However, a lack of available space and expensive equipment impede market expansion. Additionally, the epidemic has fuelled growth in the digital fitness sector, which offers consumers structure, camaraderie, and health. It is anticipated to change into a hybrid approach as lockdowns lessen. Fitness centres that offer online training will still be available, but they will need to compete on value rather than just price as customers look for services that satisfy their needs and add value.
Key Target Audience:
- Corporate Offices
- Educational Institutions
- Fitness Enthusiasts
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government and Public Organizations
- Gym and Fitness Center Owners
- Healthcare Facilities
- Hotels and Resorts
- Personal Trainers
- Others
Our in-depth analysis of the Qatar Fitness Equipment Market includes the following segments:
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Key Topics Covered in the Report:
- Qatar Fitness Equipment Market Size (FY’2023-FY’2033)
- Overview of Qatar Fitness Equipment Market
- Segmentation of Qatar Fitness Equipment Market By Type (Cardiovascular Equipment, Strength Training Equipment, Other Equipments)
- Segmentation of Qatar Fitness Equipment Market By End-User (Health clubs / Gyms, Home Consumer, Other Commercial User)
- Segmentation of Qatar Fitness Equipment Market By Price (Mass, Premium/Luxury)
- Statistical Snap of Qatar Fitness Equipment Market
- Expansion Analysis of Qatar Fitness Equipment Market
- Problems and Obstacles in Qatar Fitness Equipment Market
- Competitive Landscape in the Qatar Fitness Equipment Market
- Impact of COVID-19 and Demonetization on Qatar Fitness Equipment Market
- Details on Current Investment in Qatar Fitness Equipment Market
- Competitive Analysis of Qatar Fitness Equipment Market
- Prominent Players in the Qatar Fitness Equipment Market
- SWOT Analysis of Qatar Fitness Equipment Market
- Qatar Fitness Equipment Market Future Outlook and Projections (FY’2023-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 Qatar 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. Qatar Fitness Equipment Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Qatar Fitness Equipment Market
7. Qatar Fitness Equipment Market, By Type (USD Million)
7.1. Qatar Fitness Equipment Market Value Share and Forecast, By Type, 2023-2037.2. Cardiovascular Equipment7.2.1. Cross-country Ski Simulators7.2.2. Elliptical Machines7.2.3. Stair Climbers7.2.4. Stationary Bicycles7.2.5. Treadmills7.3. Strength Training Equipment7.3.1. Bars & Weights7.3.2. Racks7.3.3. Various Types of Benches7.3.4. Weight Lifting Machines7.4. Other Equipments7.4.1. Activity Analyzers7.4.2. Body Analyzers
8. Qatar Fitness Equipment Market, By End-User (USD Million)
8.1. Qatar Fitness Equipment Market Value Share and Forecast, By End-User, 2023-20338.2. Health clubs / Gyms8.3. Home Consumer8.3.1. Apartment8.3.2. Gyms in Apartment8.3.3. Home8.4. Other Commercial User8.4.1. Corporate Offices8.4.2. Hospitals & Medical Centers8.4.3. Hotels8.4.4. Public Institutions
9. Qatar Fitness Equipment Market, By Price (USD Million)
9.1. Qatar Fitness Equipment Market Value Share and Forecast, By Price, 2023-20339.2. Mass9.3. Premium/Luxury
10. Qatar Fitness Equipment Market Forecast, 2019-2033 (USD Million)
10.1. Qatar Fitness Equipment Market Size and Market Share
11. Qatar Fitness Equipment Market, By Type, 2019-2033 (USD Million)
11.1. Qatar Fitness Equipment Market Size and Market Share By Type (2019-2026)11.2. Qatar Fitness Equipment Market Size and Market Share By Type (2027-2033)
12. Qatar Fitness Equipment Market, By End-User, 2019-2033 (USD Million)
12.1. Qatar Fitness Equipment Market Size and Market Share By End-User (2019-2026)12.2. Qatar Fitness Equipment Market Size and Market Share By End-User (2027-2033)
13. Qatar Fitness Equipment Market, By Price, 2019-2033 (USD Million)
13.1. Qatar Fitness Equipment Market Size and Market Share By Price (2019-2026)13.2. Qatar Fitness Equipment Market Size and Market Share By Price (2027-2033)
14. Qatar Fitness Equipment Market, By Region, 2019-2033 (USD Million)
14.1. Qatar Fitness Equipment Market Size and Market Share By Region (2019-2026)14.2. Qatar Fitness Equipment Market Size and Market Share By Region (2027-2033)14.3. Al Daayen14.4. Al Khor14.5. Al Rayyan14.6. AL Shahaniya14.7. Al Shamal14.8. Al Wakra14.9. Doha14.10. Umm Salal
15. Company Profile
15.1. Al Emadi Fitness15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. American Eagle Sport15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Anex Fitness Qatar15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. Decathlon Qatar15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. FitQatar15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Green Sports – Fitness / Gym Equipment Supplies15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Nortus Fitness15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. Olympia Sports15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. Peloton Interactive Inc.15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Prector15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments15.11. Shua Fitness15.11.1. Company details15.11.2. Financial outlook15.11.3. Product summary15.11.4. Recent developments15.12. Sports Village15.12.1. Company details15.12.2. Financial outlook15.12.3. Product summary15.12.4. Recent developments15.13. Technogym S.P.A15.13.1. Company details15.13.2. Financial outlook15.13.3. Product summary15.13.4. Recent developments15.14. Torque15.14.1. Company details15.14.2. Financial outlook15.14.3. Product summary15.14.4. Recent developments15.15. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
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
Qatar Fitness Equipment Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Qatar Fitness Equipment Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Qatar Fitness Equipment Market CAGR of XX% during the forecast period.
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Qatar Fitness Equipment Market size is USD XX billion from 2023 to 2033.
Qatar Fitness Equipment Market Segment is Covered By Type, By End-User, By Price
The Middle East region is anticipated to have the highest market share in Qatar Fitness Equipment Market.
The key players in the market include Companies Covered Al Emadi Fitness, American Eagle Sport, Anex Fitness Qatar, Decathlon Qatar, FitQatar, Green Sports – Fitness / Gym Equipment Supplies, Nortus Fitness, Olympia Sports, Peloton Interactive Inc., Prector, Shua Fitness, Sports Village, Technogym S.P.A, Torque, Others
Any device, equipment, implant, machine, instrument, in vitro reagent, or other comparable object used to diagnose, treat, lessen, or cure sickness or other disorders is referred to as a medical device.
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