Bahrain Fitness Services Market Outlook to 2027F

By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month)

Region:Middle East

Author(s):

Product Code:KROD140

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Published on

February 2023

Total pages

70

About the Report

About the Report

The report provides a comprehensive analysis of the potential of Fitness Services Industry in Bahrain. The report covers an overview and genesis of the industry, market size in terms of number of products sold and revenue generated.

Its market segmentations include by Type of Market, By Source of Revenue, By Payment Method, By Subscription Period, By Session Type and By Gender; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Bahrain Fitness Services market – which grew from approximately ~% in 2017 to approximately ~% in 2022P – is forecasted to grow further into ~% opportunity by 2027F. The Bahrain Fitness Services market contributed to a global growth rate of ~%. Bahrain Fitness Services market has recorded robust growth over the last few years, offering exciting opportunities for fitness companies.

Bahrain Fitness Services Market Revenue

  • preventative health care is becoming increasingly popular. Instead of prescribing medicine, professionals are now thinking about lifestyle changes.
  • Increased pressure on healthcare systems from chronic diseases is a major concern in many developing countries. The rise in preventable diseases means the need for healthy eating plans, fitness instruction, and flexible exercise is at an all-time high.


Key Trends by Market Segment:

By Source of RevenueOn the basis of revenue model, the subscriptions segment exhibited the highest growth in Bahrain fitness market. It is expected to maintain its dominance in the upcoming years owing to the growing adoption of subscription-based fitness training sessions by customers due to its cost effectiveness as compared to signing up with a coach in-person.

Bahrain Fitness Services Market Segmentation By Source of Revenue
By Gender: 
Male consumers have always been the major contributors of the fitness industry due to more exposure and awareness than the female consumers. In the forecasted time, men will continue to be in majority in the fitness services industry but women are catching up owing to increased exposure of women in work, education and the rising health awareness among them.

Bahrain Fitness Services Market Segmentation  By Gender

Competitive Landscape

In Bahrain Fitness Services Market there are about ~ players operating in the overall market, and top players accounted ~% share in the market in terms of revenue. Bahrain Fitness Services market is fragmented in nature. These market players compete on the basis of Membership fees, Quality of Services, Expertise and Value-Added Services. Personal trainers have been another prime factor for competition between organized and unorganized fitness centers.

Bahrain Fitness Services Market Ecosystem

Future Outlook

During the forecast period of 2022-2027, it is anticipated that the Fitness Services in Bahrain will grow at a CAGR of ~%, leading to consumption of ~ tons by 2027F. The rising number of obese populations, growing demand for personal training, expanding geographical presence of major fitness centers and diversifying services portfolio will act as the tailwind in the future. Increase in ladies only fitness centers along with health awareness would supplement growth in the market. New markets are forming, and established markets have the potential to grow even more in the forecasted period.

Scope Of The Report

Scope of the Report

By Type of Market

Organized Market

Unorganized Market

 

By Source of Revenue

Subscription

Personal Training

By Payment Method

Card

Cash

Bank Transfer

Digital wallet

Others

By Subscription Period

1 Month

3 Month

6 Month

12 Month

By Session Type

Group

Solo

By Gender

Female

Male

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Products

Products

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Centers
  • Government Organizations
  • Investors
  • Industry Associations
  • Consulting Agencies
  • Authorities


Time Period Captured in the Report

  • Historical Year: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2022P– 2027F


Companies

Major Players Mentioned in the Report

  • The nourishers
  • UFit-Ltd
  • GoFit
  • Tamarran
  • Qongfu
  • FIT Gym & Spa
  • Cobra Fitness
  • F45 Training
  • Grip Fitness Center
  • HV Holistic
  • Reps Fitness Studio
  • Ride Nation

Table of Contents

Table of Contents

1. Executive Summary

2. Bahrain Fitness Services Market Overview

2.1 Taxonomy of the Bahrain Fitness Services Market

2.2 Industry Value Chain

2.3 Ecosystem

2.4 Government Regulations/Initiatives for the Bahrain Fitness Services Market

2.5 Growth Drivers of the Bahrain Fitness Services Market

2.6 Issues and Challenges of the Bahrain Fitness Services Market

2.7 Impact of COVID-19 on the Bahrain Fitness Services Market

2.8 SWOT Analysis

3. Bahrain Fitness Services Market Size, 2017 – 2022

4. Bahrain Fitness Services Market Segmentation

4.1   By Service Type, 2017 - 2022

4.2 By Subscription, 2017 - 2022

4.3 By Regional Split (North/East/West/South), 2017 - 2022

5. Bahrain Fitness Services Market Competitive Landscape

5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

5.2 Strategies Adopted by Leading Players

5.3 Company Profiles – (Top 5 - 7 Major Players)

5.3.1 The Nourishers

5.3.2 UFit Ltd.

5.3.3 Go Fit

5.3.4 Tamarran

5.3.5 Qongfu

5.3.6 FIT Gym & Spa

5.3.7 Cobra Fitness

6. Bahrain Fitness Services Future Market Size, 2022 – 2027

7. Bahrain Fitness Services Future Market Segmentation

7.1   By Service Type, 2022 - 2027

7.2 By Subscription, 2022 - 2027

7.3 By Regional Split (North/East/West/South), 2022 - 2027

8. Analyst Recommendations

9. Research Methodology

10. Disclaimer

11. Contact Us

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Research Methodology

Research Methodology

Step 1: Identifying Key Variables:

Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.

Step 2: Market Building:

Collating statistics on ecommerce market over the years, to compute the revenues generated by the online market. We also understood the price points of various products offered.

Step 3: Validating and Finalizing:

Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.

Step 4: Research output:

Our team will approach multiple finance providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from fitness service providers.

Frequently Asked Questions

Frequently Asked Questions

01 What is the Study Period of this Market Report?

The Bahrain Fitness Services Market is covered from 2017–2027F in this report, including a forecast for 2022P-2027F.

02 What is the Future Growth Rate of the Bahrain Fitness Services Market?

The Market is expected to witness a CAGR of ~% over the next years.

03 What are the Key Factors Driving the Bahrain Fitness Services Market?

Rising health awareness, lifestyle related illness, and Influence of social media who are increasingly adopting fitness lifestyle and purchase of fitness related services.

04 Which is the most preferred subscription period in Bahrain Fitness Services Market?

12 months subscription is the most preferred because of its cost benefit ratio that it provides, followed by 6 monthly pack and then 3 months etc.

05 Key Players in the Bahrain Fitness Services Market?  

The Nourishers, GO FIT, VH Holistic, FIT Gym & Spa etc.


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