Growth in Organized Gym Chains along with increased Digital Penetration and adoption of Virtual Training and at-home trainings to drive market growth: Ken Research
- The entry of low budget international fitness chains and attractive offers offered by the fitness centers are expected to encourage the offline membership participation rate in fitness clubs.
- Growing trend of one-on-one personal training and small group trainings along with opening of budget gyms and advancement of technologies adopted by majority of the fitness center will intensify the number of subscribers.
- Digital Fitness and At- Home workouts will gain traction in the near future as majority of the population intend to make virtual classes a regular part of their routine post pandemic.
GURUGRAM, India, Feb. 14, 2022 /PRNewswire/ --
Growing Demand for Certified Personal Trainers: Growing trend of one-on-one personal training and small group trainings along with opening of budget gyms and advancement of technologies adopted by majority of the fitness centre will intensify the number of subscribers.
Growth in Number of Hotel based Fitness Establishments: Development of the hospitality sector as a part of the Algerian government's National Tourism Development plan along with the entry of International hotel chains providing a range of amenities will result into the growth of hotel-based fitness centres.
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Impact of COVID 19: 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 "Algeria Fitness Services Market Outlook to 2025F – Driven by technological innovations and inventive training approaches along with adoption of hybrid model by fitness centers" 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 Algeria. The market is expected to register a positive five-year CAGR of 19.4% in terms of revenue during the forecast period 2020-2025F.
Key Segments Covered in Algeria Fitness Market: -
Direct Economic Impact of Fitness Centers
- Overview of Commercial Gyms in Algeria Health and Fitness Market
- Overview of Fitness Centers in Hotels and Resorts
- Overview of Fitness Centers in Schools and Universities
- Overview of Fitness Centers in Residential Townships/Compounds
- Overview of Fitness Centers in Hospitals
- Overview of Fitness Centers in Sports Clubs and Govt. Organizations
Indirect Economic Impact of Fitness Centers
- Algeria 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 Centers
- 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 Algeria
- Direct and Indirect Economic Impact of Fitness Industry in Algeria
- Overview of Commercial Gyms in Algeria Health and Fitness Market
- Snapshot of Digital Fitness Market in Algeria
- Assessment of the Indirect Economic Impact of Fitness Industry in Algeria
- Algeria Fitness Equipment Industry Market Size
- Evaluation of Premiumization on Real Estate Sector
- Assessment of the Indirect Economic Impact of Fitness Industry in Algeria
- 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 Algeria
- Future Outlook and Projections for Algeria Fitness Services Market
- White space and Opportunities existing in the Algeria Fitness Services Market
- Research Methodology
For More Information on the research report, refer to below link: -
Algeria Fitness Services Market
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