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Global Aqua Gym Equipment Market Trend Evaluation & Future Forecast during the Period 2017-2022

07-03-2018 08:49 AM CET | Sports

Press release from: Fact.MR

Fact.MR

Fact.MR

As the obesity epidemic has become a worldwide epidemic, there are rising concerns among the consumers to stay fit and healthy. This is the reason why the aqua gym equipment market is boosting throughout the world. Consumers presently are opting for preventive medicine, and hence would like to stay fit and healthy by the means of exercise and this is fuelling the demand of aqua gym equipment throughout the world. Besides, the inherent benefits of aqua gym such as improved cardiovascular stamina, improved muscle strength and flexibility among others is also making aqua gym popular. However, the high cost of setting up an aqua gym is the main restraint of the market. Moreover, a lack of a proper after sales and service facilities and unavailability of spare parts is also a huge restraint that is restraining the aqua gym market. Besides this, the popularity of other forms of exercises such as yoga and aerobics is also acting as a restraint to the expansion of the aqua gym equipment market.

Aqua gym equipment is a type of gym equipment which is used by consumers in water such as swimming pools. There are different types of aqua gym equipment such as treadmills, weights, bikes, elliptical trainers, aqua noodles, dumbbells, steppers, etc. among others.

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3 Forecast Highlights on Global Aqua Gym Equipment Market

1. As per the forecast of FactMR, the aqua strider product type segment is slated to touch a value of nearly US$ 237 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The aqua strider product type segment is estimated to account for more than one-tenth of the revenue share of the product type segment by the year 2017 end and is expected to lose in market share by the year 2022 end.

2. As per the forecast of FactMR, the online retail segment will reach a value of nearly US$ 383 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The online retail segment is estimated to account for more than one-fourth of the revenue share of the distribution channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

3. As per the forecast of FactMR, the individual buyer type segment is slated to reach a value of nearly US$ 326 Mn in 2022. The individual buyer type segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the individual buyer type segment

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Specialty Stores Segment to exhibit a CAGR of 4.3% During the Assessment Period

As per the forecast of FactMR, the specialty stores segment is slated to touch a figure of nearly US$ 437 Mn in the year 2022. This represents a CAGR of 4.3% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The specialty stores segment is expected to account for more than one-fourth of the revenue share of the sales channel segment by the year 2017.

Aqua Rower Product Type Segment Poised to Touch a Value of Nearly US$ 225 Mn in 2022

As per the forecast of FactMR, the aqua rower product type segment is expected to reach a value of nearly US$ 225 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Aqua rower product type segment is expected to account for more than one-tenth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global aqua gym equipment market through 2022, which include PlayCore, Inc., Excel Sports Science, Inc., Rothhammer International Inc., Acquapole sas, BECO-Beermann GmbH & Co. KG, Hydro Fit Inc., N-Fox company, Spenco Medical Corporation, HydroWorx International, Inc. and Pentland Group plc.

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Dublin 2, Ireland
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Email: sales@factmr.com
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