The Asia Pacific Gym Accessories Market is expected to witness market growth of 5.9% CAGR during the forecast period (2022-2028).
A lot of fitness centers have begun using Zoom to stream live classes. On YouTube and other platforms, there are many free meditation and exercise videos. Fitness instructors & personal trainers are no longer necessary as a result of these considerations. As more people want to continue their previous training and gym workout routines at home, there is an increase in investments in at-home fitness equipment.
The majority of gym accessories on the market are designed to support customers and uphold good technique and posture in order to prevent strains, exhaustion, and damage. This aids in extending the amount of time that the customer can engage in physical activity and in simplifying some challenging workouts. Additionally, using such goods helps the body retain more energy by adequately supporting the body's vital areas, such as the wrists, back, and arms, so that less energy is used during weightlifting or exercise.
In addition, China is among the countries having the largest number of health diseases. This element has raised people's awareness of health and wellbeing. The adoption of high-performance workout equipment will be encouraged by the increase in health club membership fees, which will, in turn, fuel market expansion for gym accessories in the Asia Pacific. The fitness industry must adopt innovative concepts to satisfy the efficiency and convenience desires of Chinese white-collar professionals due to shifting consumer lifestyles and technology improvements fueling the Chinese demand for gym accessories as well.
The China market dominated the Asia Pacific Gym Accessories Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $878.5 Million by 2028. The Japan market is estimated to grow a CAGR of 5.3% during (2022 - 2028). Additionally, The India market is expected to experience a CAGR of 6.6% during (2022 - 2028).
Based on Type, the market is segmented into Belts, Ab Straps, Wrist Wraps, Exercise Balls, Heart Rate Monitor, Blood Pressure Monitor, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Sales Channels, and Brand outlets. Based on End User, the market is segmented into Health Club/Gym, Corporate Office, Hotel, Apartment, Home, and Public Institution, Hospitals & Medical Center. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ANTA Sports Products Limited, Core Health & Fitness, LLC, Life Fitness, Coulter Ventures, LLC (Rogue Fitness), Eleiko Group AB, Concept2, Inc., iFIT Inc., JERAI Fitness Pvt Ltd., Hammer Sport AG, and Body Solid Incorporated.
A lot of fitness centers have begun using Zoom to stream live classes. On YouTube and other platforms, there are many free meditation and exercise videos. Fitness instructors & personal trainers are no longer necessary as a result of these considerations. As more people want to continue their previous training and gym workout routines at home, there is an increase in investments in at-home fitness equipment.
The majority of gym accessories on the market are designed to support customers and uphold good technique and posture in order to prevent strains, exhaustion, and damage. This aids in extending the amount of time that the customer can engage in physical activity and in simplifying some challenging workouts. Additionally, using such goods helps the body retain more energy by adequately supporting the body's vital areas, such as the wrists, back, and arms, so that less energy is used during weightlifting or exercise.
In addition, China is among the countries having the largest number of health diseases. This element has raised people's awareness of health and wellbeing. The adoption of high-performance workout equipment will be encouraged by the increase in health club membership fees, which will, in turn, fuel market expansion for gym accessories in the Asia Pacific. The fitness industry must adopt innovative concepts to satisfy the efficiency and convenience desires of Chinese white-collar professionals due to shifting consumer lifestyles and technology improvements fueling the Chinese demand for gym accessories as well.
The China market dominated the Asia Pacific Gym Accessories Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $878.5 Million by 2028. The Japan market is estimated to grow a CAGR of 5.3% during (2022 - 2028). Additionally, The India market is expected to experience a CAGR of 6.6% during (2022 - 2028).
Based on Type, the market is segmented into Belts, Ab Straps, Wrist Wraps, Exercise Balls, Heart Rate Monitor, Blood Pressure Monitor, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Sales Channels, and Brand outlets. Based on End User, the market is segmented into Health Club/Gym, Corporate Office, Hotel, Apartment, Home, and Public Institution, Hospitals & Medical Center. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ANTA Sports Products Limited, Core Health & Fitness, LLC, Life Fitness, Coulter Ventures, LLC (Rogue Fitness), Eleiko Group AB, Concept2, Inc., iFIT Inc., JERAI Fitness Pvt Ltd., Hammer Sport AG, and Body Solid Incorporated.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Belts
- Ab Straps
- Wrist Wraps
- Exercise Balls
- Heart Rate Monitor
- Blood Pressure Monitor
- Others
By Distribution Channel
- Specialty Stores
- Supermarkets/Hypermarkets
- Online Sales Channels
- Brand outlets
By End User
- Health Club/Gym
- Corporate Office
- Hotel
- Apartment
- Home
- Public Institution, Hospitals & Medical Center
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ANTA Sports Products Limited
- Core Health & Fitness, LLC
- Life Fitness
- Coulter Ventures, LLC (Rogue Fitness)
- Eleiko Group AB
- Concept2, Inc.
- iFIT Inc.
- JERAI Fitness Pvt Ltd.
- Hammer Sport AG
- Body Solid Incorporated
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Asia Pacific Gym Accessories Market by Type
Chapter 5. Asia Pacific Gym Accessories Market by Distribution Channel
Chapter 6. Asia Pacific Gym Accessories Market by End User
Chapter 7. Asia Pacific Gym Accessories Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- ANTA Sports Products Limited
- Core Health & Fitness, LLC
- Life Fitness
- Coulter Ventures, LLC (Rogue Fitness)
- Eleiko Group AB
- Concept2, Inc.
- iFIT Inc.
- JERAI Fitness Pvt Ltd.
- Hammer Sport AG
- Body Solid Incorporated
Methodology
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