Sharjah Sports and Fitness Center Market Size, Trends [2030]

Sharjah Sports and Fitness Center Market Size, Trends [2030]

Segments - Sharjah Sports and Fitness Center Market By Facilities Types (Gymnasium, Spa Area, Sauna Room, Steam Room, Massage Room, Boxing Arena, Padel Courts, and Football Court) and By End-users (Male, Female, and Children) and Country (Sharjah) - Sharjah Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

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Author : Debadatta Patel
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Editor : Shruti Bhat

Upcoming | Report ID :CG-4858 | 4.2 Rating | 80 Reviews | 111 Pages | Format : PDF Excel PPT

Report Description


Market Outlook:

The Sharjah Sports and Fitness Center market was valued at USD 108.4 Million in 2021 and is projected to reach USD 134.0 Million by 2030, expanding at a CAGR of 2.8% during the forecast period. The rise of sports and fitness centers was fueled by cultural shifts that swept across multiple generations, transforming the nation's physical landscape as well as the leisure habits and attitudes of millions around the world.

A sports and fitness center is a health, recreational, and social center focused on exercise, sports, and other physical activities. It is either a commercial establishment or a community or institutionally-funded facility. A sports and fitness center handles both athletes and fitness enthusiasts.

Sharjah Sports And Fitness Center Market Key Takeaways

Market Dynamics

Rising Trends for Only Female/Ladies Fitness Centers

The demand for boutique gyms is rising. The number of fitness centers and clubs devoted to women is rising, with the goal of making them feel at ease while working out. For instance, FITNESS 180 IN SHARJAH LADIES CLUB in Sharjah offers aerobic classes, fitness assessments, personalized training programs and nutritional counselling to help them develop a holistic approach to wellness.

Increasing Number of Collaborations Between Sports & Fitness Centers and Hotels

The UAE has become a tourist hub, thus a large number hotels and resorts have opted for designs that include fitness centers. Guests want options and be able to maintain their exercise routine when they travel, thus they are building spas, gymnasiums, and wellness centers in hotels. UAE-based destination fitness clubs such as Third Space, Rise Gym, and Aspria are collaborated to for expanding their large exercise facilities for making it an integral component of hotel spas.

Emergence of Online and Virtual Fitness Apps

On-demand fitness apps and virtual fitness streaming services are carefully structuring their offerings to target a wide range of exercisers of all fitness difficulty levels, variety of coaching styles and music genres. The demand for such apps has grown among routine-oriented exercisers and those who are committing to exercise regularly and are accountable in terms of fitness training structure and timetable. Virtual or application workout is a fitness/wellness service that allows consumers access a trainer online/virtually rather than visiting a fitness center.

Technological Advancements in Fitness Equipment

Technological advancements in fitness equipment have increase exercise experience for individuals. Smart technology, such as Peloton cycles, is being adopted in gyms. These monitors feed exercises live or on-demand and provide users with personalized alternatives based on their preferences. Users can choose to connect their exercises to a Sharjah leaderboards, which encourages the user and improves user-experience.

Scope of the Report

The report on the Sharjah Sports and Fitness Center Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Sports and Fitness Center Market – Sharjah Industry Analysis, Size, Share, Growth, Trends and Forecast

Base Year

2021

Historic Data

2015-2020

Forecast Period

2022–2030

Segmentation

By Facilities Types (Gymnasium, Spa Area, Sauna Room, Steam Room, Massage Room, Boxing Arena, Padel Courts, and Football Court) and By End-users (Male, Female, and Children)

Country Scope

Sharjah

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Thumbay Group, Venue3 Health Club, Sharjah Wanderers Sports Club, Landmark Group, Powerhouse Gym, GymNation, Sharjah Ladies Club, AQUA Middle East FZC

 

Segmental Outlook

Based on Facilities Types, the Sharjah sports and fitness center market is bifurcated into gymnasium, spa areas, sauna rooms, steam rooms, massage rooms, boxing areas, padel courts, and football courts. The gymnasium segment is estimated to expand at a significant CAGR during the forecast period, owing to significant increase in the number of low-cost fitness centers that are directly contributing to the economy. Additionally, awareness regarding health among the population is one of the major factors contributing to the growth of the market.

Sharjah Sports And Fitness Center Market Facilities Types

By End-users, the Sharjah sports and fitness center market is primarily segmented into male ansd female. The male segment is expected to expand at a significant CAGR during the forecast period, due to rising inclination of the male population towards fitness. One of the key trends driving the market is the growing adoption of integrated workout formats for group fitness classes. Additionally, a substantial increase in awareness about health and fitness among the population provided a major thrust to the market.

Sharjah Sports And Fitness Center Market End Users

Country Outlook

The market in Sharjah is expected to hold a significant share of the market during the forecast period, due to owing to the rising health awareness among the population in the city. Increasing awareness about the benefits of sports and fitness centers among consumers is expected to drive the market. Adoption of sports and fitness centers increased among customers as a way to increase immunity and maintain fitness, which is fueling the market.

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Sharjah Sports and Fitness Center Market
  • Historical, Current and Projected Market Size in terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Sharjah Sports and Fitness Center Market Performance

Segments

By Facilities Types

  • Gymnasium
  • Spa Area
  • Sauna Room
  • Steam Room
  • Massage Room
  • Boxing Arena
  • Padel Courts
  • Football Court

By End-users

  • Male
  • Female
  • Children

By Key Players

  • Thumbay Group
  • Venue3 Health Club
  • Sharjah Wanderers Sports Club
  • Landmark Group
  • Powerhouse Gym
  • GymNation
  • Sharjah Ladies Club
  • AQUA Middle East FZC

Competitive Landscape

  • Top players in the market include Thumbay Group, Venue3 Health Club, Sharjah Wanderers Sports Club, Landmark Group, Powerhouse Gym, GymNation, Sharjah Ladies Club, and AQUA Middle East FZC.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Sports and Fitness Center market.
Sharjah Sports And Fitness Center Market Key Players

Frequently Asked Questions

Additional company profiles can be provided on request

According to this Growth Market Reports report, the Sharjah sports and fitness center market is likely to register a CAGR of 2.8% during the forecast period 2022-2030, with an anticipated valuation of USD 134.0 million by the end of 2030.

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), impact of key regulations, Value has been provided in the report.

Rising trend of only female/ladies fitness centers, growing tourist accommodation infrastructure with fitness centers, increasing health awareness among the population, and attractive advertisements and promotions by fitness centers are the factors expected to drive the market growth during forecast period.

Male, female, and children are the major applications of the Sharjah sports and fitness center.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to slightly decrease in 2019 and 2020 owing to the COVID 19 pandemic is impacted the Sharjah sports and fitness center market.

The base year considered for the Sharjah Sports and Fitness Center market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2019, and 2020 are the historic years, and the forecast is provided from 2022 to 2030.

Factors such as consumer demand, GDP, disposable income, geriatric population, government regulations, and prices are analyzed in the final report.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sports and Fitness Center Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Sports and Fitness Center Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Sports and Fitness Center Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Sports and Fitness Center Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Sharjah Sports and Fitness Center Market Size & Forecast, 2015-2030
      4.5.1 Sports and Fitness Center Market Size and Y-o-Y Growth
      4.5.2 Sports and Fitness Center Market Absolute $ Opportunity
Chapter 5 Sharjah Sports and Fitness Center Market Analysis and Forecast By Facilities Types
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Facilities Types
      5.1.2 Basis Point Share (BPS) Analysis By Facilities Types
      5.1.3 Absolute $ Opportunity Assessment By Facilities Types
   5.2 Sports and Fitness Center Market Size Forecast By Facilities Types
      5.2.1 Gymnasium
      5.2.2 Spa Area
      5.2.3 Sauna Room
      5.2.4 Steam Room
      5.2.5 Massage Room
      5.2.6 Boxing Arena
      5.2.7 Padel Courts
      5.2.8 Football Court
   5.3 Market Attractiveness Analysis By Facilities Types
Chapter 6 Sharjah Sports and Fitness Center Market Analysis and Forecast By End-users
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-users
      6.1.2 Basis Point Share (BPS) Analysis By End-users
      6.1.3 Absolute $ Opportunity Assessment By End-users
   6.2 Sports and Fitness Center Market Size Forecast By End-users
      6.2.1 Male
      6.2.2 Female
      6.2.3 Children
   6.3 Market Attractiveness Analysis By End-users
Chapter 7 Coronavirus Disease (COVID-19) Impact
   7.1 Introduction
   7.2 Current & Future Impact Analysis
   7.3 Economic Impact Analysis
   7.4 Government Policies
   7.5 Investment Scenario
Chapter 8 Competition Landscape
   8.1 Sports and Fitness Center Market: Competitive Dashboard
   8.2 Sharjah Sports and Fitness Center Market: Market Share Analysis, 2021
   8.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      8.3.1 Thumbay Group
      8.3.2 Venue3 Health Club
      8.3.3 Sharjah Wanderers Sports Club
      8.3.4 Landmark Group
      8.3.5 Powerhouse Gym
      8.3.6 GymNation
      8.3.7 Sharjah Ladies Club
      8.3.8 AQUA Middle East FZC

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