Qatar Fitness Equipment Market Introduction and Overview
According to SPER Market Research, the Qatar Fitness Equipment Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Qatar Fitness Equipment Market, including market size and trends, product mix, Applications, and supplier analysis. Any machine or apparatus used during physical activity to increase the strength or conditioning effects of such exercise by providing either fixed or adjustable degrees of resistance is referred to as fitness equipment. It consists of free weights, machine weights, ellipticals, rowing machines, treadmills, and exercise bikes.
- January 2022: Sahtak Awalan launches a cutting-edge fitness box campaign in Qatar, hosting solar-powered, sustainable fitness box installations made from recycled shipping containers and outfitted with enormous screens to stream customised free fitness classes taught by well-known instructors to the neighbourhood.
- February 2022: After seeing a pandemic-driven spike in consumer demand over the past two years, exercise equipment stores in Qatar continue to experience strong sales.
Market Opportunities and Challenges
Opportunities: Qatar will see an increase in demand for fitness equipment due to the rising emphasis on health and wellness and the rising number of people participating in sports. Additionally, over the projection period, rising disposable income among consumers is likely to create opportunities to support this market's expansion even more.
Further, people are encouraged to focus more on their well-being by purchasing high-quality fitness products as a result of growing knowledge of physical activity and the advantages it has for keeping excellent health. Additionally, gym equipment is now connected to mobile applications, enabling greater tracking capabilities, thanks to technology breakthroughs like Bluetooth enabled gadgets. Over the upcoming years, it is projected that this tendency would greatly boost industry expansion.
Challenges: Growth is constrained by some exercise equipment that is offered at exorbitant prices, especially for middle- and low-income individuals. High-tech exercise gear and fitness wearables have increased in price as a result of technological improvement. The original cost of fitness equipment and fitness devices is immediately increased by the inclusion of many features, such as high-quality displays, improved power efficiency, tracking of extra vitals, wireless connectivity, and upgraded software, among others. The use of wearable technologies by various clients is increasing their spending on healthcare related to fitness. As more applications are available for wearable devices, demand grows, which directly affects their high price.
Market Competitive Landscape
The major players in the market include: Al Emadi Fitness, American Eagle Sport, Anex Fitness Qatar, Decathlon Qatar, FitQatar, Green Sports – Fitness / Gym Equipment Supplies, Nortus Fitness, Olympia Sports, Peloton Interactive Inc., Prector, Shua Fitness, Sports Village, Technogym S.P.A, Torque, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By End-User, By Price
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| Regions covered | Al Daayen, Al Khor, Al Rayyan, AL Shahaniya, Al Shamal, Al Wakra, Doha, Umm Salal
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| Companies Covered | Al Emadi Fitness, American Eagle Sport, Anex Fitness Qatar, Decathlon Qatar, FitQatar, Green Sports – Fitness / Gym Equipment Supplies, Nortus Fitness, Olympia Sports, Peloton Interactive Inc., Prector, Shua Fitness, Sports Village, Technogym S.P.A, Torque, Others
|
COVID-19 Impact on Qatar Fitness Equipment Market
After the Global Lockdown, people are more conscious of hygienic practises and public space decorum than they were before. The demand for at-home exercise equipment is expected to increase in 2020 as a result of market closures, rising self-care product awareness, and expanding fitness trends among the general population. Furthermore, the use of in-home fitness equipment is a result of sedentary lives and busy schedules. The cost of a gym membership is reduced by using fitness equipment at home to exercise. However, a lack of available space and expensive equipment impede market expansion. Additionally, the epidemic has fuelled growth in the digital fitness sector, which offers consumers structure, camaraderie, and health. It is anticipated to change into a hybrid approach as lockdowns lessen. Fitness centres that offer online training will still be available, but they will need to compete on value rather than just price as customers look for services that satisfy their needs and add value.
Key Target Audience:
- Corporate Offices
- Educational Institutions
- Fitness Enthusiasts
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government and Public Organizations
- Gym and Fitness Center Owners
- Healthcare Facilities
- Hotels and Resorts
- Personal Trainers
- Others
Our in-depth analysis of the Qatar Fitness Equipment Market includes the following segments:
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By Type:
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Cardiovascular Equipment
Strength Training Equipment
Other Equipments
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By End-User:
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Health clubs / Gyms
Home Consumer
Other Commercial User
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By Price:
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Mass
Premium/Luxury
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Key Topics Covered in the Report:
- Qatar Fitness Equipment Market Size (FY’2023-FY’2033)
- Overview of Qatar Fitness Equipment Market
- Segmentation of Qatar Fitness Equipment Market By Type (Cardiovascular Equipment, Strength Training Equipment, Other Equipments)
- Segmentation of Qatar Fitness Equipment Market By End-User (Health clubs / Gyms, Home Consumer, Other Commercial User)
- Segmentation of Qatar Fitness Equipment Market By Price (Mass, Premium/Luxury)
- Statistical Snap of Qatar Fitness Equipment Market
- Expansion Analysis of Qatar Fitness Equipment Market
- Problems and Obstacles in Qatar Fitness Equipment Market
- Competitive Landscape in the Qatar Fitness Equipment Market
- Impact of COVID-19 and Demonetization on Qatar Fitness Equipment Market
- Details on Current Investment in Qatar Fitness Equipment Market
- Competitive Analysis of Qatar Fitness Equipment Market
- Prominent Players in the Qatar Fitness Equipment Market
- SWOT Analysis of Qatar Fitness Equipment Market
- Qatar Fitness Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Qatar Fitness Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Qatar Fitness Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Qatar Fitness Equipment Market
7. Qatar Fitness Equipment Market, By Type (USD Million)
7.1. Qatar Fitness Equipment Market Value Share and Forecast, By Type, 2023-203
7.2. Cardiovascular Equipment
7.2.1. Cross-country Ski Simulators
7.2.2. Elliptical Machines
7.2.3. Stair Climbers
7.2.4. Stationary Bicycles
7.2.5. Treadmills
7.3. Strength Training Equipment
7.3.1. Bars & Weights
7.3.2. Racks
7.3.3. Various Types of Benches
7.3.4. Weight Lifting Machines
7.4. Other Equipments
7.4.1. Activity Analyzers
7.4.2. Body Analyzers
8. Qatar Fitness Equipment Market, By End-User (USD Million)
8.1. Qatar Fitness Equipment Market Value Share and Forecast, By End-User, 2023-2033
8.2. Health clubs / Gyms
8.3. Home Consumer
8.3.1. Apartment
8.3.2. Gyms in Apartment
8.3.3. Home
8.4. Other Commercial User
8.4.1. Corporate Offices
8.4.2. Hospitals & Medical Centers
8.4.3. Hotels
8.4.4. Public Institutions
9. Qatar Fitness Equipment Market, By Price (USD Million)
9.1. Qatar Fitness Equipment Market Value Share and Forecast, By Price, 2023-2033
9.2. Mass
9.3. Premium/Luxury
10. Qatar Fitness Equipment Market Forecast, 2019-2033 (USD Million)
10.1. Qatar Fitness Equipment Market Size and Market Share
11. Qatar Fitness Equipment Market, By Type, 2019-2033 (USD Million)
11.1. Qatar Fitness Equipment Market Size and Market Share By Type (2019-2026)
11.2. Qatar Fitness Equipment Market Size and Market Share By Type (2027-2033)
12. Qatar Fitness Equipment Market, By End-User, 2019-2033 (USD Million)
12.1. Qatar Fitness Equipment Market Size and Market Share By End-User (2019-2026)
12.2. Qatar Fitness Equipment Market Size and Market Share By End-User (2027-2033)
13. Qatar Fitness Equipment Market, By Price, 2019-2033 (USD Million)
13.1. Qatar Fitness Equipment Market Size and Market Share By Price (2019-2026)
13.2. Qatar Fitness Equipment Market Size and Market Share By Price (2027-2033)
14. Qatar Fitness Equipment Market, By Region, 2019-2033 (USD Million)
14.1. Qatar Fitness Equipment Market Size and Market Share By Region (2019-2026)
14.2. Qatar Fitness Equipment Market Size and Market Share By Region (2027-2033)
14.3. Al Daayen
14.4. Al Khor
14.5. Al Rayyan
14.6. AL Shahaniya
14.7. Al Shamal
14.8. Al Wakra
14.9. Doha
14.10. Umm Salal
15. Company Profile
15.1. Al Emadi Fitness
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. American Eagle Sport
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Anex Fitness Qatar
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Decathlon Qatar
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. FitQatar
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Green Sports – Fitness / Gym Equipment Supplies
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Nortus Fitness
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Olympia Sports
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Peloton Interactive Inc.
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Prector
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Shua Fitness
15.11.1. Company details
15.11.2. Financial outlook
15.11.3. Product summary
15.11.4. Recent developments
15.12. Sports Village
15.12.1. Company details
15.12.2. Financial outlook
15.12.3. Product summary
15.12.4. Recent developments
15.13. Technogym S.P.A
15.13.1. Company details
15.13.2. Financial outlook
15.13.3. Product summary
15.13.4. Recent developments
15.14. Torque
15.14.1. Company details
15.14.2. Financial outlook
15.14.3. Product summary
15.14.4. Recent developments
15.15. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
