Asia Pacific Fitness Equipment Market to amass significant gains by 2026

The research report on Asia Pacific Fitness Equipment Market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors.

As per the report, Asia Pacific fitness equipment industry size crossed USD 2 billion in 2019 and is likely to reach USD 3.5 billion by the end of 2026, growing at an expected CAGR of 7% over 2020-2026. In addition to this, the study also encompasses crucial information on the current market scenario, evolving technologies, widespread competitive landscape, growth prospects, industry tactics, and vivid market segmentations.

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Moreover, the report also offers insight to various factors that would potentially drive the growth graph of the industry over the foreseeable time period, along with delivering minute details on the ongoing trends that the industry is characterized by. The APAC fitness equipment industry, as per given report, is fragmented on basis of equipment, end-use, regions, and competitive landscape.

The Asia Pacific Fitness Equipment Market Size will experience growth with the increasing demand for strength training equipment, ensuring improved bone health, toned muscles, and enhanced endurance. Strength training is also highly beneficial to the aged population, as it helps them to maintain optimal health and improve mobility. According to the World Economic Forum, elderly people make one third of Japan’s population with around 2.3 billion people in their 70s. The government is focusing on strengthening the healthcare system in the country to ensure their well-being and deliver the care needed. There will be a demand for strength equipment developed for the older population to combat muscle and bone weakness.

The overall Asia Pacific fitness equipment industry is diversified into various regions and economies and its complete analysis has been enclosed in the report as well. It lays focus on various factors supporting the growth of regional markets in tandem with trending growth opportunities existing in every region, their individual growth rates, technologies being used, stringent regulatory reforms, and much more.

The Asia Pacific Fitness Equipment Market Share will witness growth as hotels focus on equipping their infrastructure with gyms and fitness facilities. Hotels incorporate gyms in their campus to attract fitness-minded guests. Hotels, such as Marina Bay Sands and The Westin in Singapore, offer 24-hour gym facility to their guests. With the growing hospitality industry in South Korea, hotels in the country are also equipping themselves with fitness facilities. The Conrad Seoul hotel offers a modern and complimentary 24-hour fitness center for its visitors. The gym features the latest equipment from Technogym S.p.A from Italy and Precor from the U.S.

Taking into account the competitive landscape, fitness equipment industry industry in Asia Pacific is highly consolidated and boasts of presence of companies like Johnson Health Tech, Torque Fitness, Amer Sports Corporation, Hoist Fitness Systems, Nautilus Inc., Technogym S.p.A., Icon Health & Fitness, and True Fitness. The report includes details on sales spectrum of each of these firms, their strategies to sustain their position in the market, individual company profiles and market share, and position in the overall ecosystem.

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[TOC Chapters]

Chapter 4. Asia Pacific Fitness Equipment Market Share, by Equipment, 2020-2026

  • Cardiovascular
    • Elliptical machines
    • Treadmills
    • Exercise bikes
    • Climbers
    • Others
  • Strength training
    • Weightlifting
    • Weights
    • Barbells & ladders
    • Extension machines
    • Power racks
    • Others
  • Others

Chapter 5. Asia Pacific Fitness Equipment Market Size, by End-Use, 2020-2026

  • Home
  • Health clubs
  • Office
  • Hotels

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