Fitness leaders reveal
the future of Saudi Arabia’s
fitness and wellness economy
at FIBO Arabia
(RIYADH)
-
Leading voices from the
Kingdom’s health and fitness
industry have gathered for a
high-impact panel discussion
during
FIBO Arabia titled
“Unlocking the Growth of the
Fitness and Wellness Economy
in the Kingdom.”
Moderated by Herman Rutgers,
President of Global Growth
Partners BV, the session
brought together Nasser
Obeid, CEO of Pure Gym
Arabia; Hani Abdulhafeez
Bukhari, CEO of Riyadh
Combat Club; and Nathan
Clute, Chief Strategy
Officer at Armah Sports
Company to provide a deep
dive into the operational,
strategic, and cultural
levers that are accelerating
sector-wide growth in
alignment with Saudi
Arabia’s Vision 2030.
The panel addressed
several critical questions
shaping the future of the
Kingdom’s fitness and
wellness sector, including
whether operators are overly
dependent on discounts and
price-led promotions.
Addressing the region’s
fitness industry,
historically relying heavily
on discounts and price
promotions to attract
customers, Pure Gym
Arabia’s Nasser Obeid said,
“Clubs offering discounts
are a result of
market-driven factors. We
want to stop that, and as of
today, we’re moving away
from this. We’re pushing
towards value, with the
focus on the consumer and
what is valuable for the
consumer.”
The value
of learning from mature
international markets to
drive faster growth in Saudi
Arabia was also discussed at
length. “The answer is easy:
learning from any market is
important. The more you know
about the industry, the more
you know about fitness
consumers in general, which
will be beneficial,” said
Nathan Clute, Chief
Strategy Officer at Armah
Sports Company.
“But that doesn't
outweigh the value of local
market knowledge. You could
be the most experienced
person in the world, but if
you don't have the local
market knowledge, I think
you're setting yourself up
for failure,” he added.
The session also touched
on the challenge of
attracting new demographics,
particularly women and older
adults, to increase sector
participation, where the
sentiment was that effective
targeting requires a deep
understanding of specific
customer segments with
tailored approaches, based
on real demand and clear
market segmentation, which
is key to attracting and
retaining different groups,
including women.
“We
learned that targeting
everyone is not targeting
anyone. When we started, we
had three branches. We had a
lot of young girls, and when
they grew up, they always
requested that we open a
branch, but few signed up.
So we converted to an adults
and kids branch, which is
our main target audience,”
said Hani
Abdulhafeez Bukhari, CEO of
Riyadh Combat Club.
Other sessions taking
place on FIBO Arabia’s
popular Conference Stage,
included, amongst others,
‘Avoiding the retention
mistakes made in mature
markets’ by Paul Bedfor,
Director Retention Guru Ltd;
‘What longevity medicine can
learn from cancer
innovation’ by Dr Marwan
Ghosn, Founder IGH Clinic;
and ‘Climbing your Everest’
by Nelly Attar,
Lebanese-Saudi athlete,
adventurer and entrepreneur.
Vasyl
Zhygalo, Managing Director
of RX Middle East and
Emerging Markets, said:
“FIBO Arabia is a catalyst
for channeling investment
into one of the world’s most
dynamic health, fitness, and
wellness markets. By uniting
key stakeholders from these
sectors, the event fosters
high-impact partnerships
that directly support Saudi
Arabia’s Vision 2030
ambitions.
“It’s
about driving long-term
economic growth,
accelerating innovation,
attracting strategic
capital, and scaling
initiatives that enhance
quality of life across the
Kingdom. The conference
platform is central to this
mission, offering a space
for critical dialogue,
thought leadership, and the
exchange of ideas that shape
the industry's future.”
The panel coincided with
the release of the Fitness
Sector Development Report –
Kingdom of Saudi Arabia,
launched yesterday at FIBO
Arabia. Produced in
collaboration with the
Ministry of Sport and CAA
Portas, the report provides
a blueprint for the
industry’s growth to 2030,
highlighting key trends
discussed during the
session. They include the
shift from price-led
competition to value-driven
models, the exponential
growth of female
participation, and the
untapped potential in
underserved regions.
With market revenues
forecast to double to SAR
15.5 billion by 2030, the
report highlights the
urgency of tailored
offerings, investment in
workforce development, and
strategic expansion, all
themes echoed by panelists
as critical to unlocking the
next phase of the Kingdom’s
fitness and wellness
economy.
FIBO Arabia
takes place until 3 October
at the Riyadh Front
Exhibition & Conference
Center, welcoming over 140
international and regional
exhibitors, 50 global
speakers, and thousands of
health and wellness
professionals from around
the world.
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