Exercise Equipment - Eastern Asia
Eastern Asia- In Eastern Asia, specifically China, the Exercise Equipment market is projected to generate a substantial revenue of US$13.0bn in 2024.
- This figure is part of the overall market revenue, which is estimated to reach an impressive US$15.9bn in the same year.
- Furthermore, the Exercise Equipment market is anticipated to grow at an annual rate of 6.04% from 2024 to 2029, according to the Compound Annual Growth Rate (CAGR).
- In terms of per capita income, in 2024 each person in the region is expected to generate US$9.75 in revenue from the Exercise Equipment market.
- This statistic provides an insight into the individual spending power within the Eastern Asian population.
- In Eastern Asia, there is a growing trend of incorporating traditional Eastern exercise equipment, such as tai chi balls and qigong sticks, into modern fitness routines.
- Key regions:
- Germany,
- Italy,
- China,
- United Kingdom,
- India
Definition:
Exercise equipment refers to a wide range of devices and machines designed to aid physical activity and fitness. Products in this category include cardio machines such as treadmills, stationary bikes, and elliptical machines, as well as strength training equipment like weight machines, free weights, and resistance bands. Additionally, exercise equipment can include accessories such as yoga mats, fitness balls, and jump ropes. The market for exercise equipment has grown significantly in recent years, due in part to increasing health and wellness consciousness, as well as the rise of home fitness trends.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Peloton, NordicTrack, Precor, and Life Fitness. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Racks, gym systems, weight benches, dumbbells, kettlebells, weight plates and kits, as well as other weightlifting equipment
- Ellipticals, exercise bikes, treadmills, and other types of cardio machines
- Yoga mats, blocks, and bags
- Boxing gloves, hand wraps, and punching bags
Out-Of-Scope
- Yoga leggings, pants, and sweaters as well as other sports apparel
- Socks, running and training shoes as well as other sports footwear
