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Asia-Pacific Fitness Equipment Market – Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Dec 2021
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Fitness Equipment Market, By Product Type (Strength Training Equipment, Cardiovascular Training Equipment, Body Composition Analyzers, Fitness Monitoring Equipment, and Others), Application (Weight Loss, Body Building, Physical Fitness, Mental Fitness, and Others), Gender (Male and Female), Buyer Type (Individual, Institution and Others), Usage (Residential and Commercial), Type (Outdoor and Indoor), End User (Health Clubs/Gyms, Home consumers, Hotels, Corporates, Hospitals and Medical Centers, Public institutions, and Others), Distribution Channel (Retail Stores, Specialty and Sports Shops, Department and Discount Stores, Online, and Others), Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific) Industry Trends and Forecast to 2029

Asia-Pacific Fitness Equipment Market Market Analysis and Insights : Asia-Pacific Fitness Equipment Market

Data Bridge Market Research analyses that the fitness equipment market to be grow at a CAGR of 8.30% in the forecast period of 2022-2029. Rising awareness in regards to maintaining a good health and fitness level, increased number of product innovations and product approvals, growth in the number of sports centres, fitness centres, and gyms in the developing economies and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of fitness equipment market.

From the name itself, it is clear that fitness equipment refers to the equipment that helps in assisting health and fitness activities. Fitness equipment comes into play in every kind of physical fitness activity such as running, weightlifting, cardio, strength training, stamina training and so on.  

Upsurge in the prevalence of diabetes, cardiac attacks, high blood pressure and other chronic diseases globally will act as a major factor influencing the growth of the market. Also, surging importance of gyms and fitness centres especially after the pandemic and increasing focus of the manufacturers on using high quality materials are the major market drivers that will further escalate the growth of market. In addition to this, growing awareness about the brands, rising number of celebrity endorsements and increasing geriatric population will expand the market.

However, high capital investments and maintenance costs, increasing availability and demand for refurbished fitness equipment and rising availability of low availability and counterfeit products in the market will impede the market growth rate. Rising adoption of alternative exercise regimes such as karate coupled with low resale value of the equipment will challenge the market. Additionally, increasing pricing pressure among the manufacturers will act a market restraint and further hinder the growth rate of market.

This fitness equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fitness equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Asia-Pacific Fitness Equipment Market Scope and Market Size

The fitness equipment market is segmented on the basis of product type, application, gender, buyer type, usage, type, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • On the basis of product type, the fitness equipment market is segmented into strength training equipment, cardiovascular training equipment, body composition analyzers, fitness monitoring equipment and others. The cardiovascular training equipment segment is sub-segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others. The strength training equipment segment is sub-segmented into single stations, plate loaded equipment, free weights, benches and racks, multistations and, accessories.
  • On the basis of application, the fitness equipment market is segmented into weight loss, body building, physical fitness, mental fitness and others.
  • On the basis of gender, the fitness equipment market is segmented into male and female.
  • On the basis of buyer type, the fitness equipment market is segmented into individual, institution and others.
  • On the basis of usage, the fitness equipment market is segmented into residential and commercial. 
  • On the basis of type, the fitness equipment market is segmented into indoor and outdoor.
  • On the basis of end user, the fitness equipment market is segmented into health clubs/gyms, home consumers, hotels, corporates, hospitals and medical centers, public institutions and others.
  • On the basis of distribution channel, the fitness equipment market is segmented into retail stores, specialty and sports shops, department and discount stores, online and others.

Fitness Equipment Market Country Level Analysis

The fitness equipment market is analysed and market size insights and trends are provided by country, product type, application, gender, buyer type, usage, type, end user and distribution channel as referenced above.

The countries covered in the Asia-Pacific fitness equipment market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.

China dominates the Asia-Pacific fitness equipment market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to rising incidences of the chronic diseases, and increasing health insurance.

The country section of the fitness equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

The fitness equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for fitness equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fitness equipment market. The data is available for historic period 2010 to 2020.

Competitive Landscape and Fitness Equipment Market Share Analysis

The fitness equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fitness equipment market.

Some of the major players operating in the fitness equipment market are Brunswick Corporation., Precor Incorporated., OMRON Healthcare, Inc., ICON Health & Fitness, Johnson Health Tech., Technogym S.p.A, Amer Sports, Nautilus, Inc., Core Health & Fitness, LLC , TRUE., and Torque Fitness, LLC among others.

Customization Available : Asia-Pacific Fitness Equipment Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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