The Latin America, Middle East and Africa Fitness Ball Market would witness market growth of 13.5% CAGR during the forecast period (2022-2028).
The influence of fitness was seen in the school curriculum, wherein children were encouraged to engage more in activities. People who are unable to exercise in such infrastructures because of various constraints have started working out at home. Consequently, growth have been observed in the fitness equipment industry, especially in the small equipment sector, like the fitness balls. The growth of the fitness ball market has also been influenced by new trends among young people to build muscle strength and enhance one's attractiveness.
In addition, the development of in-home equipment, particularly gym balls, has increased as a result of frantic schedules, sedentary lifestyles, and unhealthy food intake. Gym balls also require a relatively small initial expenditure compared to many other gym equipments. Manufacturers are working to innovate their products and are shifting their retail operations to eCommerce sites, which are also opening up profitable chances for market participants.
In the Gulf countries, especially those that are developed, oil-producing nations, obesity incidence has reached pandemic levels. Particularly in Brazil, obesity is rapidly expanding and inevitably endangering people's health. Brazil's health policies make an effort to adapt to the new economic and social conditions brought on by the pandemic. According to the World Health Organization, Brazil is the first nation to commit to reducing adult beverage consumption of sugar-sweetened beverages, increasing the proportion of adults who regularly consume fruit, and stopping the rate of adult obesity from rising.
The Brazil market dominated the LAMEA Fitness Ball Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11,985.3 Thousands by 2028. The Argentina market is experiencing a CAGR of 14.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Fitness Ball Market is Predict to reach $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.)
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