Asia Pacific Fitness Ball Market Size, Share & Industry Trends Analysis Report By Application (Commercial and Household), By Distribution Channel (Offline and Online), By Size, By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Fitness Ball Market
Market Report Description
The Asia Pacific Fitness Ball Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).
The rising prevalence of disorders and diseases like diabetes and cardiovascular diseases (CVD) are increasing the demand for fitness balls further. CVD has become a burden in many developed as well as developing nations, and as a consequence, many governments have launched initiatives and programs that aim to combat this burden.
The rising trend of changing lifestyles to adopt a healthier one, along with the inclination toward regular exercising, is influencing many more to partake in such trends. As a result, a significant increase in the downloads of fitness apps has been observed, primarily in nations like Japan, India, Australia, and China. Fitness balls are easy to use and are apt for strenuous as well as simple, relaxing exercises.
The fitness business in China is expanding due to the middle class's increased desire to lead a healthy and aspirational lifestyle. On the one hand, physical training studios are more prevalent than ever, particularly in metropolitan cities where annual membership costs can be excessive. Contrarily, the social isolation brought on by the COVID-19 pandemic has increased the number of fitness app downloads and app usage in this nation as well. Due to changing consumer lifestyles and technological advancements, the demand for gym accessories like fitness balls is rising as well.
The China market dominated the Asia Pacific Fitness Ball Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43,555.2 Thousands by 2028. The Japan market is estimated to grow a CAGR of 8.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.5% during (2022 - 2028).
Based on Application, the market is segmented into Commercial and Household. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Size, the market is segmented into 65cm Diameter, 75cm Diameter, 45cm Diameter, 55cm Diameter, 85cm Diameter, and 100cm Diameter. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Fitness Ball Market is Projected to reach USD 495.5 Million by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Black Mountain Products, Inc., DynaPro, Fitball Australia, Live Infinitely LLC, ProBody Pilates (Oak Mountain Products LLC), Reebok International Ltd. (Authentic Brands Group LLC), Sivan Health and Fitness, and Valor Fitness (Valor Athletics, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- 65cm Diameter
- 75cm Diameter
- 45cm Diameter
- 55cm Diameter
- 85cm Diameter
- 100cm Diameter
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Black Mountain Products, Inc.
- Fitball Australia
- Live Infinitely LLC
- ProBody Pilates (Oak Mountain Products LLC)
- Reebok International Ltd. (Authentic Brands Group LLC)
- Sivan Health and Fitness
- Valor Fitness (Valor Athletics, Inc.)
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