Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, Asia Pacific Fitness Equipment Market, published by KBV Research, the Asia Pacific Fitness Equipment Market is expected to grow at a CAGR of 8% during 2016 -2022. The Cardiovascular market dominated the Asia Pacific Fitness Equipment Market in 2015, and would grow at a CAGR of 8% during the forecast period. The Strength training market is expected to grow at rate of 7.5% CAGR during 2016-2022.
The Home/ individual usage market contributed to the larger revenue share to the Asia Pacific Fitness Equipment Market in 2015, and would grow at a CAGR of 7.8% during the forecast period. The Health clubs/ gyms market is expected to attain a market size of $1.1 billion by 2022. The China market registered the highest share in the Asia Pacific Fitness Equipment Market in 2015. However, India market is expected to grow at CAGR of 9.8% during 2016-2022. The report highlights the adoption of Fitness Equipment in Asia Pacific.
Based on the Type, the Asia Pacific Fitness Equipment Market is segmented into Cardiovascular, Strength training and Other Equipment segments. Based on the End User, the market is bifurcated into Home/ individual usage, Health clubs/ gyms, and Other commercial user segments. The countries included in the report are China, Japan, India, South Korea, Singapore, South Africa, Malaysia and Rest of Asia Pacific. Key Players profiled in the report includes Amer Sports Corporation, Nautilus Inc., Brunswick Corporation, Johnson Health Tech Co., TRUE Fitness, Cybex International, Impulse (Qingdao) Health Tech Ltd. Co, ICON Health & Fitness, Torque Fitness LLC.andFitness EM LLC.
Research Scope: The market is segmented based on Type, End User, and Country.