Asia Pacific Gym Accessories Market

Asia Pacific Gym Accessories Market Size, Share & Industry Trends Analysis Report By Type, By Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online Sales Channels, and Brand outlets), By End User, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10187 Publication Date: July-2022 Number of Pages: 85
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Market Report Description

The Asia Pacific Gym Accessories Market would 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 would 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 would 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.

Free Valuable Insights: The Worldwide Gym Accessories Market is Projected to reach USD 8.6 Billion by 2028, at a CAGR of 5.6%

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
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