Global Gymnastics Equipment Market: Future Forecast Indicates Impressive Growth Rate | Key Players- ABEO SA, Marty Sports, Norberts Athletic Products Inc., Mizuno Corporation , American Athletic
Request 100 Page Sample Report Now: https://www.factmr.com/connectus/sample?flag=S&rep_id=1636
Federation Internationale de Gymnastique (FIG) has taken several measures to increase the participation rates of individuals in gymnastics activities. For instance, FIG is conducting championships in China in November 2018, presenting opportunities for enthusiasts and beginners to register and participate in the sport. This factor is likely to remain instrumental in driving growth of gymnastics equipment market.
Shift from conventional distribution channels to direct-to-customer channels has been witnessed in the gymnastics equipment market. Sales of gymnastics equipment via direct-to-customer sales channel are estimated to spur in the coming years, accounting for a major share in the gymnastics equipment market on the global front. Fact.MR envisages that gymnastics equipment sales through direct to customer channel is estimated to cross US$ 270 Mn by end of the year of assessment.
Widespread reach of online platforms have influenced sales of gymnastics equipment, albeit at a lower base. Third party online channels are likely to reflect significant contribution in the overall growth of gymnastics equipment market. Growing customer inclination toward online platforms owing to higher convenience quotient and cost effective shopping can be leveraged by manufacturers as an additional sales funnel to market their products. However, uncertainty regarding product quality remains a limiting aspect confining growth of gymnastics equipment market via online channels.
Balance beams are likely to witness significant demand in the coming years, in turn largely contributing to the overall sales of gymnastics equipment, says the report. In addition, sales for balance beam gymnastics equipment are projected to witness a steady rise on the back of its increasing use in men and women gymnastics activities. Fact.MR foresees that vaults are expected to follow balance beams in terms of sales during the assessment period, however, are projected to grow at a relatively slower pace.
Request Full Report With TOC: https://www.factmr.com/report/1636/gymnastics-equipment-market
Government support in promoting gymnastics is expected to fuel sales of gymnastics equipment. Moreover, inclusion of gymnastics equipment in Olympic Games has enhanced the popularity of the sport, in turn providing potential growth avenues for players in gymnastics equipment market. In addition, governments are undertaking programs to promote the sport among children, in turn contributing to the popularity of the sport. This aspect continues to remain instrumental in fuelling gymnastics equipment sales.
Sales of gymnastics equipment are likely to remain concentrated in the developed economies of North America and Europe. Increasing participation of individuals in gymnastics in United States, United Kingdom, Germany and Russia is likely to encourage use of gymnastics equipment. Gymnastics Trade Association reveals that over 1.6 million individuals from United States alone participated in gymnastics in 2016. Rising people participation in gymnastics across these countries is likely to provide significant growth opportunities for manufacturers of gymnastics equipment. Emerging economies of Asia Pacific excluding Japan (APEJ) region, such as Greater China and India, are also anticipated to showcase higher inclination toward the sport.
Prevailing safety concerns associated with physical injuries in gymnastics continue to challenge growth of gymnastics equipment market. According to the American Orthopedic Society for Sports Medicine (AOSSM) and American Academy of Orthopedic Surgeons (AAOS), more than 86,000 gymnasts were injured in 2017, few with severe damages leading to surgeries with permanent disability. Moreover, improper arrangements and miss-guidance are likely to cause a dent in customer confidence in the sport, in turn restricting the growth of the gymnastics equipment market.
Overall, the gymnastics equipment market is expected to follow an optimistic path and key stakeholders in the gymnastics equipment market can expect a significant momentum in the forthcoming years.
Make Enquiry Before Buying the Report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=1636
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Gymnastics Equipment Market: Future Forecast Indicates Impressive Growth Rate | Key Players- ABEO SA, Marty Sports, Norberts Athletic Products Inc., Mizuno Corporation , American Athletic here
News-ID: 1400911 • Views: 1080
More Releases from Fact.MR
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
More Releases for Gymnastics
New report: Global Gymnastics Equipment Market forecast 2019 – 2025
The global Gymnastics Equipment market is comprehensively and accurately detailed in the report, taking into consideration various factors such as competition, regional growth, segmentation, and market size by value and volume. This is an excellent research study specially compiled to provide latest insights into critical aspects of the global Gymnastics Equipment market. The report includes different market forecasts related to market size, production, revenue, consumption, CAGR, gross margin, price, and
Global Gymnastics Equipment Market Revenue and Growth Forecast 2019-2025
Global Gymnastics Equipment Market Research Report 2019 from MarketAndResearch.biz offers a comprehensive study including company’s products, applications and forecast 2018 to 2025 of global Gymnastics Equipment market status. In the beginning, the report offers an analytical view of the market covering regions with countries, development in the industry, sales strategies, opportunity, challenges, growth strategies, and revenue analysis. The market study also provides market status from the reader’s view. The reader
Gymnastics Equipment Market Size, Share, Development by 2023
New report published by Global Info Research which offers insights on the global Gymnastics Equipment market. Gymnastics is sporting activity that is a combination of agility, strength, coordination, endurance, flexibility and balance. Gymnastics events are regulated by Federation Internationale de Gymnastique (FIG). Each country has a spate body governing gymnastics that are affiliated to Federation Internationale de Gymnastique. Gymnastics equipment are essentially those used while carrying out gymnastics activities. There are
Gymnastics Equipment Market to Garner Brimming Revenues by 2028
“Gymnastics Equipment Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” is an extensive research that delivers key insights on several market segments along with actionable intelligence apropos to the adoption of gymnastics equipment across various industries. The gymnastics equipment market report offers historical data along with forecast estimations that are represented in US$ Mn in terms of value during 2018-2028. The report on gymnastics equipment market includes
EZ Flex Now Offering Gymnastics Equipment from Spieth America
EZ FLEX NOW OFFERING GYMNASTICS EQUIPMENT FROM SPIETH AMERICA EZ Flex is proud to announce that we're now an Official Dealer of quality gymnastics equipment from Spieth America. Featuring a full line of equipment, like FIG-approved apparatus for international competition, recreational apparatus, training aids, and more, EZ Flex now has more of the products you need to complete your gym! About Us (pulled from Spieth America Website) For over 40 years, Spieth
Intimate Gymnastics: A One-of-a-Kind Special Fitness Program
Tatyana Kozhevnikova is a world record holder for a most unusual feat – she is the only woman in the world who can hold a weight of 14 kilos using only her intimate muscles. Today, she shares her secret with others thru her special fitness program known as Intimate Gymnastics. Intimate Gymnastics is an exclusive method for full-body muscle strengthening that combines both Eastern and Western philosophies. Tatyana has gotten