UAE Fitness Equipment Market to Post 4.4% CAGR to 2023, Projects 6Wresearch in Its Topical Study Available at MarketPublishers.com12 Dec 2017 • by Natalie Aster
LONDON – The UAE fitness equipment market is poised to gain traction at a 4.4% CAGR through to 2023. Surging disposable income levels and growing health concerns leads to the rising number of gyms and health clubs in the country. Also, the market is being driven by the growing population of expats and social influence on fitness industry. Pertinent government incentives and existence of fitness centers in commercial and residential buildings with cut-price memberships are expected to give a boost to the fitness equipment market in the offing.
Additionally, overweight and obesity has become a primary concern in the Emirates, leading to severe heath issues like diabetes, hypertension syndrome and cardiovascular disorders, which encourages people to be careful of their health. Moreover, trend to have lean and ripped body amongst young people will likely ignite the growth of the national fitness equipment sector.
Based on type, cardio training fitness equipment has been the leading segment in the overall fitness equipment market. Dubai boasts of having the majority of health clubs and gyms, grabbing a huge revenue share in the total fitness equipment market; and is set to expand through to 2023 as well, due to novel fitness centers coming up in the region.
Topical research study “UAE Fitness Equipment Market (2017-2023)” drawn up by 6Wresearch offers an unbiased analysis of the market on a national level.
The report breaks down the sector by product types, end-user application, and region-wise. It presents an all-round analysis of market revenues (historical and actual plus forecasts) for the global and domestic market and also for the main segments, from 2014 till 2023. The report provides an assessment of market drivers and restraints and their impact, limelights recent market trends, and identifies the various opportunities in the marketplace. The report study canvasses the overall competitive scenario covering market revenue shares by players. It also includes extensive company profiles of the 5 leading players.
A complete collection of the publisher’s research reports is available at 6Wresearch page at MarketPublishers.com.