Urban Youth to Drive the Qatar Health and Wellness Market: Ken Research Private Limited
URBAN YOUTH TO DRIVE THE QATAR HEALTH AND WELLNESS MARKET: KEN RESEARCH PRIVATE LIMITED
Growing aspiration among the population of the Qatar with increasing disposable income and mounting awareness among the consumers leading to a transition in their tastes and preferences would propel the growth of health and wellness market in Qatar during 2013-2017.
The Qatar Health and Wellness market has reflected robust growth in recent years on account of high demand for wellness products and services among the population of the country. The youth in Qatar can be described as the undisputed shopaholic with their average quarter spending on personal care products coming out to be around USD 400. The wellness market in Qatar has also been strongly driven by the foreign tourist arrivals which are the best target for the hotel spa operators. The spa and salon market would be driven significantly in the coming years with major influx of tourism and the growing therapeutic benefits being associated with these services. These tourists also contribute significantly to the overall cosmetics and fragrances market specially the fragrances which are a specialty of the Arab world. Increase in the knowledge and awareness of consumers is also an underlying factor for fueling the growth of this market. The health/fitness clubs market is also all set to rise with new establishments coming over in cities such as Doha and Al Rayyan. The overall Health and Wellness market of Qatar is expected to grow at a CAGR of 28.2% during 2012-2017. “A significant proportion of the population in Qatar is between the age group of 25-54 years, encompassing 65.6% of its entire population. This would be one of the major driving forces of the Qatar health and wellness market.”- According to the research report ‘Qatar Health and Wellness Industry Outlook to 2017 - Spa and Salon market to fuel industry growth’ from Ken Research. According to the report, market for the health and wellness in Qatar would be
Growing aspiration among the population of the Qatar with increasing disposable income and mounting awareness among the consumers leading to a transition in their tastes and preferences would propel the growth of health and wellness market in Qatar during 2013-2017.
The Qatar Health and Wellness market has reflected robust growth in recent years on account of high demand for wellness products and services among the population of the country. The youth in Qatar can be described as the undisputed shopaholic with their average quarter spending on personal care products coming out to be around USD 400. The wellness market in Qatar has also been strongly driven by the foreign tourist arrivals which are the best target for the hotel spa operators. The spa and salon market would be driven significantly in the coming years with major influx of tourism and the growing therapeutic benefits being associated with these services. These tourists also contribute significantly to the overall cosmetics and fragrances market specially the fragrances which are a specialty of the Arab world. Increase in the knowledge and awareness of consumers is also an underlying factor for fueling the growth of this market. The health/fitness clubs market is also all set to rise with new establishments coming over in cities such as Doha and Al Rayyan. The overall Health and Wellness market of Qatar is expected to grow at a CAGR of 28.2% during 2012-2017. “A significant proportion of the population in Qatar is between the age group of 25-54 years, encompassing 65.6% of its entire population. This would be one of the major driving forces of the Qatar health and wellness market.”- According to the research report ‘Qatar Health and Wellness Industry Outlook to 2017 - Spa and Salon market to fuel industry growth’ from Ken Research. According to the report, market for the health and wellness in Qatar would be