Fitness

Rising Public Awareness of Health Risks and Changing Business Model of Fitness Centers to Drive Market Growth: Ken Research

Rising Public Awareness of Health Risks and Changing Business Model of Fitness Centers to Drive Market Growth: Ken Research

GURUGRAM, India, March 7, 2022 /PRNewswire/ — News from Morocco

  • Growth in the fitness industry will be triggered by an 8.0% increase in the number of clubs across the country, resulting in a total increase in membership of 10.7% and contributing 0.1% to the GDP.
  • Increased awareness of the consequences of lifestyle diseases such as obesity, including high blood pressure, stroke and diabetes, is expected to boost subscriber numbers in Morocco.
  • Studios are expected to adapt to the post-pandemic online space and expand their offerings by providing a digital fitness app with personalized training and one-on-one virtual personal training sessions at deep discounts.

Diversification of services: The growth of commercial fitness centers would be facilitated by the increase in the number of value-added services such as Pilates, Zumba, Martial Arts, Spa, Jacuzzi, lounge, aquagym, yoga & others. Consumers are expected to engage with fitness and wellness companies more than ever before in an effort to embrace healthier lifestyles and build communities of support.

Growth in the number of hotel fitness establishments: The opening of additional five star properties and the expansion of star hotels such as Radisson and Hyatt will have a positive effect on the market. In 2021, 12 additional hotels will open and add 1,810 rooms and another 11 projects are scheduled to be completed in 2023 and beyond, increasing fitness center establishments.

New business models to gain traction: Fitness brands are actively optimizing their business models, integrating behavioral science into health and fitness through one-on-one and group sessions encouraging customers to focus on their fitness goals. Offering a pay-per-class model to provide flexibility and convenience and encourage participation from all age groups will drive subscriber numbers.

The report titled Morocco Fitness Services Market Outlook to 2025F – Driven by Fitness Related Policies, Increased Awareness and Popularization of Fitness Centersby Ken Research has suggested that the fitness market is expected to grow further in the near future owing to the rising awareness of health risks among the population, changing business model of fitness centers as well as growing fitness enthusiast population and women-only fitness centers in Morocco. The market is expected to register a positive five-year CAGR of 18.5% in terms of revenue during the forecast period 2020-2025F.

Key Segments Covered in Morocco fitness market

Direct Economic Impact of Fitness Centers

  • Overview of Commercial Gyms in Morocco 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 Hospitals
  • Overview of fitness centers in sports clubs and government. Organizations

Indirect Economic Impact of Fitness Centers

  • Morocco Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Estimated Cost of Building a Fitness Center

Key Target Audience:-

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness centers
  • Government agencies

Time period entered in the report: –

  • Historical period: 2015-2020
  • Forecast period: 2020–2025

Main topics covered in the report:-

  • Socio-economic landscape of Morocco
  • Direct and indirect economic impact of the fitness industry in Morocco
  • Overview of Commercial Gyms in Morocco health and fitness market
  • Overview of the digital fitness market in Morocco
  • Assessing the indirect economic impact of the fitness industry in Morocco
  • Morocco Fitness Equipment Industry Market Size
  • Assessment of Premiumisation in the Real Estate Sector
  • Assessing the indirect economic impact of the fitness industry in Morocco
  • Overview of healthcare/health statistics scenario
  • Potential Health Impacts and Reduced Healthcare Costs
  • Customer mindset for fitness services
  • Impact of COVID 19 on the fitness industry in the Morocco
  • Future Outlook and Projections for Morocco Fitness Services Market
  • White space and existing opportunities in the Moroccan fitness services market
  • Research Methodology
  • Digital Fitness Morocco
  • Morocco Fitness Member Penetration
  • Commercial Gyms Morocco
  • Hotel Fitness center Morocco
  • Hotel Gyms Morocco
  • Maroc Fitness Active Members
  • Capacity GDP Contribution Morocco
  • Fitness technology disruptions in Morocco
  • Morocco fitness equipment market
  • Residential Gyms Morocco
  • University Gymnasiums Morocco
  • Medical fitness centers Morocco
  • Sports clubs Morocco
  • Morocco Health Cost
  • Lifestyle Illness Morocco
  • Fitness center construction cost

For more information on the research report, refer to the link below:-

Fitness services market in Morocco

Related reports: –

Philippines Healthcare Technology Market Outlook to 2025 – By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and Region (ManilaCentral Luzon, Mindanao/Davao and others

The Philippine health technology market initially grew slowly. The slow growth corresponded to low internet penetration and a lack of awareness of technology. An unorganized health technology infrastructure and a less tech-savvy population have led to the accumulation of unharmonized health data. The government faced a major difficulty when health challenges kept increasing with population growth. Growing needs and high government interest have had a positive effect The Philippines health technology industry.

Indonesia Healthcare Technology Market Outlook to 2025 – Lack of medical personnel and protective equipment to rely on healthcare startups in Indonesia

The Indonesia health technology market witnessed a very high growth during the considered period 2017-2020 and was supported by an increase in health awareness among the younger population, advancement of technology on the market, the introduction of new platforms on the market. The entry of domestic players with international investments has also contributed to the same. Strong growth has been observed in indonesia the health technology industry mainly due to high-end user demand.

India Consumer Apparel Market Outlook to 2025 – By Type (Fitness Trackers and Smartwatches), By Sales Channel (Online and Offline), By Price Segment (Less than ₹1000, ₹1000 – 10 ₹000, ₹10,000 – ₹20,000 and above ₹20,000) and per sales

India’s consumer apparel industry has grown at a CAGR of 32.0% based on revenue over the period 2015-2020. The country’s youthful demographics and high disposable income are one of the industry’s main growth drivers. Continuous investment in research and development and marketing activities by apparel manufacturers has a positive impact on the growth of the industry.

Israel Fitness Services Market Outlook to 2025 – Driven by Growing Awareness of Balanced Lifestyle as well as Addition of State-of-the-Art Gyms in the Country

Israel is a leading fitness and wellness destination with an abundance of wellness retreats, spa breaks and boot camps offered at fitness centers with state-of-the-art equipment. Growing awareness of a balanced lifestyle, access to low-cost fitness centers, and growth of well-equipped gyms with state-of-the-art equipment are fueling the growth of the market. The opening of dedicated women’s gyms such as Fitwell Ladies Fitness Centers with female professional trainers to guide women’s pursuit of exercise has created a new segment and increased the number of female memberships in the country.

Follow us:-

LinkedIn | instagram | Facebook | Twitter | Youtube

Contact us:-

Ken Research
Ankur GuptaMarketing & Communications Manager
[email protected]
+91-9015378249

Logo: https://mma.prnewswire.com/media/661352/Ken_Research_Logo.jpg

SOURCEKen Research