Growing Concern for Health and Fitness: With pandemic, moving on with uncertainty and for an extended time has pushed peoples’ health to the lowest point. People are coming out to shed the excess weight and get back to their active lifestyles, even corporates are incentivising their employees to get into the fitness regime. Although, penetration rate is currently low, it will be driven by increase in the number of active members in the country. There is also rise in the different types of fitness routines to accommodate different schedules of people.
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More Female Participants Are Getting Engaged in Fitness Regimes: Majority of participants engaged with gym and fitness centres are male. They usually prefer outdoor places and high-quality equipment. Whereas female participants usually prefer indoor or female only fitness clubs. But in recent times, various fitness centres and gyms are trying to engage female participants by offering programs and discounts to attract them. Different timings that accommodate female participants in unisex gyms or places are being managed to increase the inflow of women into these places.
Impact of COVID 19: Fitness centers and gyms located in the hotels and resorts are a popular fitness destination for people in Oman. This was deeply affected by shutting down of respective hotels and resorts. The pandemic is expected to accelerate the transformation from offline-only to online-offline integration in leading operators. Enhancing fitness awareness and popularization of the fitness apps due to penetration of internet and increase in mobile phone users is expected to drive the market growth. The industry is experimenting with “digital fitness” by offering online classes and incorporating fitness-based apps for at-home exercise.
The report titled “Oman Fitness Services Market Outlook to 2025F – Driven by Rise in Health Consciousness and Increasing Penetration of International Brands across the country” by Ken Research suggested that the fitness market is further expected to grow in the near future owing to growing awareness of health benefits, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as cardiovascular diseases along with growth of female only fitness centers has been the major key factors which drives the demand for fitness services centers in Oman. The market is expected to register a positive five-year CAGR of 16.9% in terms of revenue during the forecast period 2020-2025F.
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Key Segments Covered in Oman Fitness Market: –
Direct Economic Impact of Fitness Centres
Overview of Commercial Gyms in Oman 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
Oman 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 Oman
Direct and Indirect Economic Impact of Fitness Industry in Oman
Overview of Commercial Gyms in Oman Health and Fitness Market
Snapshot of Digital Fitness Market in Oman
Assessment of the Indirect Economic Impact of Fitness Industry in Oman
Oman Fitness Equipment Industry Market Size
Evaluation of Premiumization on Real Estate Sector
Assessment of the Indirect Economic Impact of Fitness Industry in Oman
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 Oman
Future Outlook and Projections for Oman Fitness Services Market
White space and Opportunities existing in the Oman Fitness Services Market
Research Methodology
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