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Asia Pacific Home Gym Equipment Market 2020 Growth, COVID Impact, Trends Analysis Report 2026

01-25-2021 09:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia Pacific Home Gym Equipment Market

Asia Pacific Home Gym Equipment Market

The Asia-Pacific home gym equipment market is estimated to witness a strong CAGR during the forecast period (2020-2026). Market growth is supported by higher competition, reluctance to visit gyms, greater health concerns, and increased consciousness for fitness in the region. Major countries include China, India, and Japan. International vendors are expected to further invest in the region as Asia-Pacific creates opportunities in the market with innovations and lower manufacturing costs.

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The increased consciousness about health and hygiene during COVID-19 is expected to drive market growth during the forecast period. The sales of jump ropes and dumbbells also increased by more than 50% year-on-year during Q1 2020, while rowing machines and yoga mats experienced a double-rate surge in sales in the country. Sales of fitness equipment including push-up bars, power twisters, and stretch ropes rose sharply in April and May 2020 in the Asia-Pacific.

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There was a supply chain disruption and impact on economic activity in the region, as China is one of the major exporters of raw materials to various countries. It is also a manufacturing hub for many vendors who outsource their products due to low labor costs in the country.

Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- by Product Type and Distribution Channel
• Countries Covered- China, Japan, India, and Rest of Asia-Pacific
• Competitive Landscape- Adidas AG, Amer Sports; Decathlon S.A.; Dyaco; Johnson Health Tech. Co., Ltd.; and TECHNOGYM S.p. A.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and country dominate the market in the base year?
• Which segment and country will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Asia-Pacific Home Gym Equipment Market Report Segment
By Product Type
• Cardio Equipment
o Ellipticals
o Treadmills
o Exercise Bikes
o Others
• Strength Training Equipment
o Free Weights
o Barbells & Ladders
o Extension
o Others
By Distribution Channel
• Online
• Offline
Asia-Pacific Home Gym Equipment Market Report Segment
• China
• Japan
• India
• Rest of Asia-Pacific
Company Profiles
• Adidas AG
o Overview
o Product Portfolio
o Recent Activities
• Amer Sports Corp.
• BFT Fitness Co.,Ltd.
• Core Health & Fitness, LLC.
• Decathlon S.A.
• Dyaco International
• Fitness World
• Johnson Health Tech. Co., Ltd.
• Nelco (India) Pvt. Ltd.
• Shandong Realleader Fitness Co., Ltd.
• SportsArt, Inc.
• TECHNOGYM S.p.A.

Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-home-gym-equipment-market

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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