KSA Fitness Equipment Market Size and Research 2022, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2026: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit KSA fitness equipment market was valued at USD ~XX million in 2021, expanding at a CAGR of XX% in between 2016 and 2021 on the basis of revenue generated through sales of fitness equipment with considerable expansion in commercial fitness centers in which popular fitness centers and women centric fitness club dominated the market. Government initiatives to launch women centric fitness centers in 2017 along with “Your Home, Your Gym” and “Quality of Life” campaign to improve physical conditions of people coupled with rising health concerns such as obesity, diabetes and cardiovascular diseases due to unhealthy lifestyle, inclination of consumers to undertake online fitness sessions to enjoy exercising in the comfort of their homes and as per their convenience are the major determinant to drive the growth of fitness equipment industry. Surging demand of fitness equipment suitable for home/residential purposes post COVID-19 is also contributing in the growth of fitness equipment market. KSA Fitness Equipment Market Outlook to 2026: Driven by the growing demand of advanced fitness equipment by fitness clubs and government initiative to launch women centric fitness centres In 2020, fitness equipment industry experienced a temporary downfall owing to the impact of COVID-19 on industry leading to closure of the fitness centers and health clubs due to country wide lockdown. With mandatory protocol such as to avoid physical contact and maintenance of social distancing to prevent the transmission of virus restrained a major chunk of population from availing fitness services in fitness centers and health clubs. These factors have however led to increased demand of home-based fitness equipment and adaptation to digital fitness services, as people preferred to follow fitness regimes at their home to ensure safety. Also, increased awareness on health and hygiene followed by the advent of COVID-19 is acting as a catalyst for the shift in consumer’s preference towards availing digitally connected solutions for their fitness routine. Majority of the fitness equipment imported in KSA in 2020 were from China, USA and Taipei; with China contributing to majority share of XX% of the overall imports in 2020 on the basis of revenue generated. Revenue generated through import of fitness equipment was valued at USD XX million in 2020; the higher share of import is attributed to the growing demand of high end fitness equipment produced in other nations. The lack of ability of local manufacturer’s in KSA to produce high tech fitness equipment negatively impacted the international demand of fitness equipment produced in KSA. Saudi Arabia Fitness Equipment Market Growth & Segmentation, 2021 By Type of End User: Commercial fitness centres accounted for the highest market share of XX% among all other types of end users on the basis of revenue generated in the year 2021. Popular fitness clubs under the category of commercial fitness centres dominated the sector. Private fitness centres and health clubs accounted the second highest share. By Type of Customer: Sales of fitness equipment through B2B channel accounted for the highest share of XX% on the basis of revenue in 2021, attributed to the surging establishments of commercial and hotel-based fitness centres demanding advanced fitness equipment followed by B2C channel which has low penetration in the market. By Foreign and Domestic Manufacturing: Foreign fitness equipment accounted for the highest market share of XX% as compared to the locally manufactured (domestic) fitness equipment on the basis of revenue generated in 2021. Lack of domestic manufacturer’s ability to produce advanced fitness equipment leads to the increased demand of fitness equipment from foreign counties such as China, USA and Italy among others. Fitness Equipment Importing and Exporting Companies in KSA The report highlights brief overview of major companies engaging in import and export of fitness equipment in KSA on the basis of Number of Products or Services Categories Traded, Number of Employees, Region and on the basis of City. Fitness Equipment Import and Export Scenario, by Country 2016-2020 Majority of the fitness equipment imported in KSA in 2020 were from China, USA and Taipei; with China contributing to majority share of XX% of the overall imports in 2020 on the basis of revenue generated. Revenue generated through import of fitness equipment was valued at USD XX million in 2020; the higher share of import is attributed to the growing demand of high end fitness equipment produced in other nations. The lack of ability of local manufacturer’s in KSA to produce high tech fitness equipment negatively impacted the international demand of fitness equipment produced in KSA. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDQ0ODMz Competitive Landscape of KSA Fitness Equipment Market, 2021 KSA fitness equipment market is concentrated among 10-15 players. Delta Fitness captured the highest market share in terms of revenue generated through the sales of fitness equipment in 2021. Fitness equipment distributors in KSA compete on the basis of quality of fitness equipment products, wide range of equipment they offer and pricing of these products. One of the major competition parameter is the collaboration and partnerships that the distributors maintain with their clients namely, fitness clubs, fitness centers, hotels, resorts and universities. However, from the production side of fitness equipment, the domestic manufacturer’s in KSA has not been able to develop advanced fitness equipment that are demanded at fitness facilities. Due to which, revenue generated through the imports of fitness equipment captured the majority share of XX% in 2021 compared to domestic sales. Majority of the fitness equipment imported in KSA in 2020 were from China, USA and Taipei; with China contributing to majority share of XX% of the overall imports in 2020 on the basis of revenue generated. In coming years, the demand for domestically produced fitness equipment would rely on the ability of these manufactures to deliver high quality advanced fitness products. Further, a notable shift in consumer preference post COVID-19 has contributed in the emergence of digital fitness services. Home based fitness equipment are heavily demanded in recent times as people prefer to regularly participate in physical and fitness activities at the comfort of their home thereby, reducing the risk of physical contacts at public fitness facilities. Surging demand of home based fitness equipment will act as a catalyst for the growth in fitness equipment industry in coming years. Therefore, fitness equipment players in KSA must cater to the rising demand of home based fitness equipment in order to integrate the market. Future Outlook of KSA Fitness Equipment Market, 2021-2026 Fitness equipment market is expected to expand at a five-year CAGR of ~XX% in between 2021 and 2026 on the basis of revenue generated. It is anticipated that fitness equipment industry will grow at a substantial rate owing to factors such as the rising health concerns among population suffering from non-communicable diseases namely, obesity and chronic diseases due to unhealthy lifestyle, establishment of organized fitness centers with diversified services along with various government initiatives such as “Quality of Life” and “Your Home, Your Gym campaign” to encourage people to regularly engage themselves in physical and fitness activities. Coupled with that, determinants such as launch and expansion of nearly 163 hotel and resort project such as Hyatt and Radisson by the end of 2030 as envisaged, will also contribute in the increased demand of fitness equipment at these facilities. The market is poised to gain significant traction with the rise in the number of women centric health clubs and fitness centers incorporating advanced equipment catering to the changing health patterns and consumer demands. On the other hand, high set up or installation cost of devices or equipment and rising demand for resale of used fitness equipment for saving cost are estimated to obstruct the market’s growth within the above-mentioned forecast period. Related Reports KSA Fitness Services Market Outlook to 2025F – Driven by technological innovations and inventive training approaches along with adoption of hybrid model by fitness centres Israel Fitness Services Market Outlook To 2025 – Driven By Growing Awareness For A Balanced Lifestyle Along With The Addition Of State-Of-The-Art Gyms In The Country Qatar Fitness Services Market Outlook to 2025F – Driven by increasing health concerns resulting in addition of number of health clubs and gyms Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Active Fitness Store Equipment Market, Arena Fitness Center Market, Assault Fitness Equipment Market, Athleco Fitness Equipment Distributor Market, Bow Flex Fitness Equipment Market, Commercial and Private Fitness Centers in KSA, Covid-19 Impact KSA Fitness Equipment Market, Cybex Fitness Equipment Market, Fit One Fitness Equipment Distributor Market, Fitness Equipment Distributors in KSA, Fitness Equipment Import Export Companies in KSA, Fitness Equipment Industry In KSA, Fitness Equipment Manufacturers in KSA, Fitness Equipment Manufacturers in Saudi Arabia, Fitness Equipment Market, Fitness Equipment Market In KSA, Future Outlook of KSA Fitness Equipment Market, Future Outlook of Saudi Arabia Fitness Equipment Industry, Gold’s Gym Fitness Center Market, Industry Research Report Of KSA Fitness Equipment, KSA Fitness Equipment Industry, KSA Fitness Equipment Industry Research Report, KSA Fitness Equipment Market, KSA Fitness Equipment Market Analysis, KSA Fitness Equipment Market Competition, KSA Fitness Equipment Market Demand, KSA Fitness Equipment Market Future Outlook, KSA Fitness Equipment Market Growth, KSA Fitness Equipment Market Major Players, KSA Fitness Equipment Market Research Report, KSA Fitness Equipment Market Revenue, KSA Fitness Equipment Market sales, KSA Fitness Equipment Market Share, KSA Fitness Equipment Market Size, KSA Fitness Equipment Market Trends, KSA Fitness Equipment Research Report, KSA Health and Fitness Industry, KSA Offline Fitness Market Assessment, KSA Online Fitness Market Assessment, Life Fitness Equipment Market, Life Span Fitness Equipment Market, Market Research Report Of KSA Fitness Equipment, Middle East Fitness Equipment Market, Nordic Track Fitness Equipment Market, Nu Yu Fitness Center Market, Precor Fitness Equipment Market, Private Sports Centers in KSA, Saudi Arabia Fitness Equipment Distributors, Saudi Arabia Fitness Equipment Import Export Companies, Saudi Arabia Fitness Equipment Market, Saudi Arabia Health and Fitness Market, Sci Fit Fitness Equipment Market, SPORTA Fitness Equipment Distributor Market, Sports Art Fitness Equipment Market, Sports World Fitness Equipment Market, Studio Fifty Five Fitness Center Market, Total Gym Fitness Equipment Market, التوقعات المستقبلية لسوق معدات اللياقة البدنية في المملكة العربية السعودية, حجم صناعة معدات اللياقة البدنية في المملكة العربية السعودية, سوق الصحة واللياقة في المملكة العربية السعودية, سوق معدات اللياقة البدنية, سوق معدات اللياقة البدنية في المملكة العربية السعودية, صناعة معدات اللياقة البدنية في المملكة العربية السعودية, مراكز اللياقة التجارية والخاصة في المملكة العربية السعودية, مسابقة سوق معدات اللياقة البدنية في الإمارات العربية المتحدة, مصنعي معدات اللياقة البدنية في المملكة العربية السعودية