Egypt Fitness Services Market Outlook to 2025F
Driven by Growing health and fitness consciousness and Increasing Obesity among Consumers in the Country
Published on
October 2021
Total pages
56
About the Report
About the Report
The report titled "Egypt Fitness Services Market Outlook to 2025F-Driven by Growing health and fitness consciousness and Increasing Obesity among Consumers in the Country provides a comprehensive analysis of the fitness industry of Egypt. The report covers various aspects including the Market Size, Current Penetration, Total Number of Establishment, Total Number of Active Members, Direct Economic Impact and Indirect Economic Impact, Socio-Economic Implications, Consumer Preferences and Trends Analysis, Technological Disruptions, Major Trends and Development, Government Initiatives and COVID Impact. The report concludes with market projections for future of the industry including forecasted industry size by revenue.
Indirect Economic Impact of Fitness Centres
Key Target Audience
Time Period Captured in the Report:
Key Topics Covered in the Report:
Egypt Fitness Services Market
Egypt Fitness Services Market is a largely under-penetrated market with less than % of the population actively participating in a Fitness Centres. Rising disposable income accompanied with improvement in infrastructure pertaining to fitness centres are fueling the market growth. Tech-enabled high-end fitness offerings, usually backed by strong social media credentials and cult following along with budget fitness chains are expanding in Egypt.
Analyzing the Direct Economic Impact of Fitness Industry in Egypt
The fitness industry in Egypt is expanding significantly over the last few years with increase in the awareness around obesity and other chronic disesases perturbed by low physical activity. This is posterized by increase in the number of fitness centers and gymnassiums in the country. Medium sized fitness centers dominate the sector genearitng 70.0% of commercial fitness industry revenue and employing fewer than 10 people each during 2020.
Commercial Gyms: Currently, most fitness brands in the market are positioned towards the mid-to-low end of the market, targeting the mass public. Entry of major fitness chains such as UFC, Science gym, Be Fit 360, Gold's Gym are providing more attentive and personalized services focusing on specialized offerings to differentiate themselves and strengthen their competitiveness.
Hotels/Resorts: Egypt only hosts a small number of hotels operated by indegenious chains with fitness centers, with options limited to a handful of establishment spread across the urbanized regions. A substantial number of facilities such as Safir Hotel Cairo, Helnan Dreamland Hotel Inn have been opened in urban areas such as Cairo and Alexandria, thereby increasing the number of hotel based fitness center establishments.
Schools/Universities: A strong growth in school and university based fitness centers have been observed as overweight and obesity among school children constituted an emerging concern and has increased from 15% in 2010 to 24.1 in 2020. Almost 90-92% of the Universities in Egypt have well equipped gyms in their campuses/hostels providing physical fitness facilities and wellness support. These gyms are usually equipped with Cardiovascular Fitness Equipments (Treadmills & Elliptical machines), Strength Training Equipment (Free weight and weight machines, Resistance machines, Kettle bells & others).
Assessment of the Indirect Economic Impact of Fitness Industry in Egypt
The fitness market has a ripple effect on other sectors such as fitness equipment industry, construction, real estate, apparel and footwear and technology. Sedentary lifestyles and hectic schedules along with COVID19 outbreak has resulted a spike in the number of people working out from homes to avoid getting infected, thus fueling the adoption of in-home fitness equipment. Fitness Machine, Exercise Equipment, Treadmill & Cardio Equipment are the best selling equipments in Egypt Fitness Equipment Market.
Assessment the Socio-Economic Implications for Fitness Industry in Egypt
The exercise services provided through fitness centres provide preventative heath benefits to customers, essentially reducing the incidence of chronic diseases attributable to physical inactivity. Assuming a significant percentage of the population affected with lifestyle diseases goes to a fitness centre, the estimated savings in direct health care costs from Egypt's fitness centres is high in the country. The largest component of this saving arises from the avoided costs of cardiovascular disease in a year along with increase in workforce participation and increase in workforce productivity.
Egypt Fitness Market Future Outlook and Projections
The fitness market in Egypt is expected to experience double digit growth due to rapidly rising interest in all kinds of wellness-related behaviors and lifestyles accompanied by accelerating consumer spending. The offline fitness centers in Egypt Health and Fitness market is expected to contribute majority of the revenue share with online fitness market anticipated to show a double digit growth of more than 30.0% CAGR in the forecasted year.
Key Segments Covered in Egypt Fitness Market:
Direct Economic Impact of Fitness Centres
- Overview of Commercial Gyms in Egypt Health and Fitness Market
- Overview of Fitness Centres in Hotels and Resorts
- Overview of Fitness Centres in Schools and Universities
- Overview of Fitness Centres in Residential Townships/Compounds
- Overview of Fitness Centres in Hospitals
- Overview of Fitness Centres in Sports Clubs and Govt. Organizations
Indirect Economic Impact of Fitness Centres
- Egypt Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate Sector
- Estimated Cost of Constructing a Fitness Centre
Key Target Audience
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
Time Period Captured in the Report:
- Historical Period: 2015-2020
- Forecast Period: 2020-2025
Key Topics Covered in the Report:
- Socio-Economic Landscape of Egypt
- Direct and Indirect Economic Impact of Fitness Industry in Egypt
- Overview of Commercial Gyms in Egypt Health and Fitness Market
- Snapshot of Digital Fitness Market in Egypt
- Assessment of the Indirect Economic Impact of Fitness Industry in Egypt
- Egypt Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate Sector
- Assessment of the Indirect Economic Impact of Fitness Industry in Egypt
- Overview of Healthcare Scenario/Health Statistics
- Potential Health Implications and Health Cost Reductions
- Customer Mindset for Fitness Services
- Impact of COVID 19 on Fitness Industry in the Egypt
- Future Outlook and Projections for Egypt Fitness Services Market
- White space and Opportunities existing in the Egypt Fitness Services Market
- Research Methodology
Products
Products
Key Segments Covered in Egypt Fitness Market:
Direct Economic Impact of Fitness Centres
- Overview of Commercial Gyms in Egypt Health and Fitness Market
- Overview of Fitness Centres in Hotels and Resorts
- Overview of Fitness Centres in Schools and Universities
- Overview of Fitness Centres in Residential Townships/Compounds
- Overview of Fitness Centres in Hospitals
- Overview of Fitness Centres in Sports Clubs and Govt. Organizations
Indirect Economic Impact of Fitness Centres
- Egypt Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate Sector
- Estimated Cost of Constructing a Fitness Centre
Key Target Audience
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
Time Period Captured in the Report:
- Historical Period: 2015-2020
- Forecast Period: 2020-2025
Table of Contents
Table of Contents
1. Executive Summary
2. Socio-Economic Landscape of Egypt
2.1 Country Demographics, Population by Age Group, Population by Gender, GDP and Inflation Rates and Regional Analysis
2.2 Identifying the Customer Cohorts in Health and Fitness Market
2.3 Customer Mindset for Fitness Services
2.4 Customer Decision making factors for Fitness Centres
2.5 Target Addressable Market and Service Addressable Market in Egypt Health and Fitness Industry
3. Direct and Indirect Economic Impact of Fitness Industry in Egypt
4. Analyzing the Direct Economic Impact of Fitness Industry in Egypt
4.1 Economic Contribution to the Fitness Club Industry
4.2 Egypt Fitness Services Market Revenue, 2020
4.3 Egypt Offline Market Assessment
4.4 Overview of Commercial Gyms in Egypt Health and Fitness Market
4.5 Overview of Fitness Centres in Hotels and Resorts
4.6 Overview of Fitness Centres in Schools and Universities
4.7 Overview of Fitness Centres in Hospitals
4.8 Overview of Fitness Centres in Sports Clubs and Govt. Organizations
4.9 Snapshot of Digital Fitness Market in Egypt
5. Assessment of the Indirect Economic Impact of Fitness Industry in Egypt
5.1 Indirect Impact on various Sectors by Fitness Industry
5.2 Supply Chain Scenario in Fitness Equipment Industry (Supply of local equipment manufacturing, distribution, etc.)
5.3 Egypt Fitness Equipment Industry Market Size
5.4 Evaluation of Premiumization on Real Estate Sector
5.6 Estimated Cost of Constructing a Fitness Centre (determined on the basis of per SQM and backed by assumptions such as size, location, floor level and others)
6. What has been the Socio-Economic Implications for Fitness Industry in Egypt?
6.1 Overview of Healthcare Scenario/Health Statistics
6.2 Potential Health Implications and Health Cost Reductions
7. How has the COVID impacted the entire Fitness Industry?
7.1 Impact of COVID 19 on Fitness Industry in the Egypt
7.2 Countermeasure from the Fitness Industry during Shutdown
8. Future Outlook and Projections for Egypt Fitness Services Market
8.1 Future Market Size Potential for Egypt Fitness Services Market
8.2 Future Potential of Commercial Gyms in the Egypt
8.3 Future Potential of Fitness Centres in Hotels, Universities and Residential Townships and Compounds
8.4 Future Potential of Digital Fitness Market in Egypt
9. Assessment of Franchisee Scenario across Gym Centers
9.1 White space and Opportunities existing in the Egypt Fitness Services Market
9.2 Analyzing the Expansion Route of Fitness Centres-Franchisee or Owned
10. Appendix
10.1 Research Methodology (Market Definitions, Abbreviations Used, Market Sizing Approach, Primary Research Approach & Entity Analysis-CATI's, 10.2 Sample Size Inclusion, Research Limitations and Future Conclusions)
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