Dublin, May 23, 2019 (GLOBE NEWSWIRE) -- The "Oman Fitness Services Market Outlook to 2022 - By Gym Membership and Personal Training, by Region, by Gender and by Membership Subscription" report has been added to ResearchAndMarkets.com's offering.

Oman fitness services market has witnessed a substantial growth in the past few years with a CAGR of close to 7% during 2012 to 2017.

Rapidly rising obesity rate, heart problems, and increase in the consciousness about the personal health have propelled momentum to the market. Male and female population between 15 to 44 years has increased at a rate of more than 7% and 3% respectively during the review period.

The number of fitness centres in Oman has increased with the expansion in the number of organized gyms and increase in the number of female specific fitness centers. Major contributing factors to the boost in revenue had been the addition of integrated fitness services such as, Yoga, Pilates and Swimming; provided under one roof, demand for personal training and others.

Various macro economic factors have also contributed to the increase in demand. These include factors such as rise in total population, increase in obese population, increase in household consumption expenditure and GDP. All these factors have contributed to increasing the market for fitness services in Oman.

Future Projections

Oman Fitness Services market revenue has been anticipated to grow at a double digit CAGR during the forecast period (2017-2022E). Growth during this period is expected to be supported by the rising number of obese population, increasing demand for personal training, expanding geographical presence of major fitness centers, diversifying services portfolio and others. Increase in health awareness would supplement growth in the market.

The future share of female population in the Oman fitness service revenue is expected to increase by the end of 2022E. The scenario is improving for females because of the changing lifestyle and norms. More female participation is expected owing to rising diseases and health concerns amongst women. Similarly, due to increase in demand the number of fitness centers in the organized sector is also expected to almost double by 2022E.

Competitive Analysis

The number of fitness center chains operating in the organized market has been 15 with a total of 53 outlets. These provide gym services along with supplementary facilities such as Spa, Sauna, Swimming Pool, Showers, Lockers facility and others. Few of the major organized players include Horizon Fitness, Flex Fitness, Jasmine for Her, UFC Gym, Gold's Gym, Sky Gym and others.

Market Segmentation

Key Topics Covered

Companies Mentioned

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Related Topics: Fitness Centers and Health Clubs