Exercise Equipment - Malaysia
Malaysia- In Malaysia, the Exercise Equipment market is projected to generate a revenue of US$148.8m in the year 2024.
- It is anticipated that the market will experience an annual growth rate of 6.20% between 2024 and 2029 (CAGR 2024-2029).
- When compared to other countries around Worldwide, China leads the pack with a revenue of US$13.0bn in 2024.
- Taking into account the total population, the per person revenue in Malaysia is estimated to be US$4.29 in 2024.
- "The demand for exercise equipment in Malaysia has surged in recent years, driven by a growing fitness culture and increasing health awareness among Malaysians."
- 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
