The North America Gym Accessories Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
Due to their role as a form of individualized entertainment, equipment like music players & headphones are becoming more and more common in gyms. Additionally, music enhances focus and increases exercise capacity while also reducing workout-related weariness, which results in higher activity outcomes. The worldwide economy for gym accessories is growing, and it is distinguished by a propensity to absorb new technologies quickly and to change with emerging trends.
The business is booming on the internet, which is a popular retail channel these days and also gives customers the advantage of looking at all the available brands of athletic gear. As the urban and working-class population is growing because of this the activities in their schedules have resulted in mental stress, diabetes, heart diseases, and other conditions. This has prompted the need for and importance of maintaining one's involvement in activities using gym accessories.
The region's food culture, which has resulted in an increase in obesity and other health issues, is one of the main causes of the rise in gym accessories. In order to raise knowledge about the value of physical fitness, the companies in the region are providing gym accessories and also work with fitness enthusiasts to give films and seminars. As a result, the market for gym accessories is growing in the region as people become more aware of the benefits of individualized training, and the availability of a private setting. The United States is among the largest producers of gym accessories.
The US market dominated the North America Gym Accessories Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,811.8 Million by 2028. The Canada market is poised to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The Mexico market would witness 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Gym Accessories Market is Estimated to reach $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.
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