openPR Logo
Press release

Gymnastics Equipment Market is projected to register a steady 3.2% value CAGR during the period of forecast, 2018-2028

01-27-2021 02:19 PM CET | Sports

Press release from: Fact.MR

Gymnastics Equipment Market

Gymnastics Equipment Market

Increasing participation in gymnastics coupled with growing championship initiatives by regulatory bodies continue to influence growth of gymnastics equipment market. Gymnastics equipment market is expected to witness steady growth with the growing count of gymnastics clubs across the globe, in turn presenting potential growth avenues for manufacturers and stakeholders in the gymnastics equipment market.

Fact.MR foresees that the gymnastics equipment market is projected to register a steady 3.2% value CAGR during the period of forecast, 2018-2028.
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.

Request a report sample to gain comprehensive market insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=1636

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.

For information on the Research Approach used in the Report, Request Methodology@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=1636

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.

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.

Get Full Access of the Report @ https://www.factmr.com/checkout/1636/S

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.

Unit No: AU-01-H
Gold Tower (AU)
Plot No: JLT-PH1-I3A
Jumeirah Lakes Towers, Dubai
United Arab Emirates
Contact: +353-1-6111-593
E-mail: sales@factmr.com
Website : https://www.factmr.com

About Fact.MR
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.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Gymnastics Equipment Market is projected to register a steady 3.2% value CAGR during the period of forecast, 2018-2028 here

News-ID: 2231795 • Views: 142

More Releases from Fact.MR

Pea Fiber Market Insights with Key Company Profiles – Forecast to 2031 | Roque …
The pea fibers market has witnessed prolific growth in recent years and is poised to grow at a CAGR of nearly 8% by the end of the forecast period. Continuous efforts by market players to strengthen their supply chains is anticipated to provide leverage to the market. Thus, the market is slated to grow by nearly 2X during the forecast period (2020-2030). To get in-depth information view the report @ https://www.factmr.com/report/4312/pea-fiber-market
High Strength Premixes Market to Make Great Impact in near Future by 2019-2029 | …
An eight-fold growth in global alcohol consumption sets the stage for accelerated performance of high strength premixes market, with millennials in particular inclined towards low alcohol drinks. The prevalent trend of easy-to-make alcoholic beverages and cocktails in North America, positions the region along a high growth trajectory in the market. High strength premixes market is highly fragmented, characterized by a large number of small-scale online retailers. To get in-depth information
Organic Acids Market Globally Expected to Drive Growth through 2027 | BASF SE, D …
Widespread usage of organic acids such as acetic acid and citric acid as preservatives, acidulates and flavor enhancers in the food & beverages industry will give an attractive dimension to the growth of the organic acids market. Unsurprisingly then, bakery & confectionery industry accounts for lion’s share of the market. To get in-depth information view the report @ https://www.factmr.com/report/4285/organic-acids-market Growing consumer demand for flavor enhancement to complement the nutrient profile of
Siloxane Market Estimates Showing Surprising Stability in key Business Segments …
Siloxane, usually referred to as a ‘behind-the-curtain ingredient, has witnessed a dramatic turnaround in the way it is perceived. Its unparalleled properties of enhanced spreadability, antifoaming capabilities and its use as a specialty additive to plastics, has given sizable traction to siloxanes over the past half of a decade. To get in-depth information view the report @ https://www.factmr.com/media-release/1131/global-siloxane-market Fact.MR, in its in-depth research report on the topic, states that bundled benefits

All 5 Releases


More Releases for Gymnastics

Trampoline & Tumbling Introduced in Hope Gymnastics Academy
Hope Gymnastics Academy started with 55-minute Trampoline & Tumbling Ashburn, VA (August 2020) – Hope Gymnastics Academy has just designed a special Trampoline & Tumbling program for kids who want to enter the world of this kind of exercise. With the team of professional trainers from Hope’s Academy, kids aged at least 5 can master the basics of tumbling skills using the floor, trampoline, and tumble track. Special attention is
Hope Gymnastics Academy Presents 'A Parents' Night Out' Service
Hope Gymnastics Academy has come up with a special service named 'parents' night out' Ashburn, VA (March 2020) - Hope Gymnastics Academy is a reputable gymnastics academy that has recently come up with a special service suitable for all parents. Namely, every second Friday of the month from 7-11 PM parents can drop their children off to Hope Gymnastics for a supervised evening of fun and games. In this way,
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 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
03-17-2017 | Sports
EZ Flex Mats
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