openPR Logo
Press release

Gym Accessories Market Has Registered To Grow At A CAGR Of 3.5% From 2022-2031

05-16-2022 12:32 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

The Gym Accessories industry is looking forward to 2021 with a sense of optimism. In 2020, Gym Accessories sales recovered in the last quarter to salvage lost momentum during March-April 2020. And, as vaccine rollout gains momentum, most automakers are hoping for better performance in 2022.

Gym accessories market has registered to grow at a CAGR of 3.5% from 2022-2031. The pandemic caused by COVID-19 not only affected millions of people but also ended up closing areas where individuals socialized, which further led to altering of fitness scheduled and methods which is helping the gym accessories market to grow.

Request Brochure:

Gym Accessories Market: Key Players
Some of the major manufacturers of gym accessories are

Nautilus Inc.
ICON Health & Fitness Inc.
Amer Sports
Torque Fitness
Brunswick Corporation
True Fitness
Octane Fitness LLC.
Star Trac
Precor Inc
Dyaco International Inc
Senoh Corporation
Life Fitness
Foshan Laijian Fitness Equipment Co.Ltd.
Segmentation Analysis of Gym Accessories Market
By Product Type

Ab Straps
Wrist Wraps
Body Fat Tester
Heart Rate Monitor
Blood Pressure Monitor
Music Players
Lifting Chalk
Exercise Balls
By Distribution Channel

Retail Stores
Online Retailers
Direct Selling
Specialty Stores
By Application

Home consumer
Health clubs
By Region

North America
US & Canada
Latin America
Brazil, Mexico, Others
Western Europe
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

Enquiry Before Buying:

US Gym Accessories Industry Set to Recover in 2021
In 2019, US Gym Accessories sales were to the tune of 17.1 million. The outbreak of COVID-19 in early 2020, and subsequent shutdown created apprehensions that 2020 may be the worst year for US auto industry since Great Depression.

However, Gym Accessories sales climbed back slowly in US, partly helped by a quick shift to online sales. Many US automakers are now investing highly in online sales channel, with 2021 expected to witness high online sales.

As per early success of vaccine inoculation and consumer receptivity toward online sales, it is highly likely that 2021 will be a better year for sales. Total Gym Accessories sales in US are likely to be in the range of 15.5 million to 16 million.

Europe Gym Accessories Market Players Can Benefit from Foreign Exports
The Europe automobile market is also likely to witness a recovery in 2021. The European Automobile Manufacturers' Association is hoping for a 10% increase in sales.

As is the case in US, European auto industry is hoping that vaccine inoculation brings the pandemic under control. Many countries in Europe have witnessed severe waves of COVID-19 pandemic, and are now in recovery phase.

While the domestic Gym Accessories demand is likely to recover at a steady pace in Europe, exports to China, Latin America, and Asia Pacific are likely to induce momentum for European auto companies.

Pre Book This Report:

China will Further its Lead as World's Largest Gym Accessories Market
The Gym Accessories industry in China represents the brightest optimism for any country globally. The pandemic recovery in China is at an advanced stage as compared to western countries. Further, the government in China is focusing on a massive infrastructure push, which is likely to help automakers exporting their wares to China.

China is the only major economy to have grown in 2020, and country's China Association of Automobile Manufacturers is forecasting 26 million sales in 2021. Volkswagen Group and General Motors are likely to maintain their position as the country's largest foreign automakers.

China is the world's largest automobile market, and going by the economic scenario and COVID-19 recovery, the country is likely to remain at numerous position in the future as well.

Indian Gym Accessories Outlook Subdued by COVID-19 Resurgence
The Indian automobile industry is beset with challenges arising due to a nation-wide second wave of COVID-19 epidemic. Things were looking up for the Indian automobile industry, however, lockdown measure to contain a more virulent COVID-19 can dent overall sales in 2021.

The localized restrictions imposed by governments can have an impact on dealership activity, logistics, and in-showroom consumer visits. Also, it is anticipated that India may have to brace up for further waves of COVID-19, which can dent consumer sentiment.

Key Long-term Trends
Overall, the Gym Accessories industry is looking for a recovery year in 2021. While China is anticipated to take the lead, healthy recovery in US and Europe markets will create necessary impetus. Amidst the recovery phase, there will be some mega trends and some subtle trends that will have a bearing on Gym Accessories market in the long run. These include,

Gym Accessories digital retail
Gym Accessories digital retail will make further inroads in 2021. As localized restrictions and consumer discretion increase due to COVID-19, more consumers are opening up to the idea of online automobile purchase. This trend is likely to become stronger in 2021, especially in US and Western Europe

Further gains in connected and autonomous cars
Connected and autonomous cars may have lost some of their momentum in 2020, but their long-term forecast remains bullish. Automakers are increasingly aware of the white space Silicon Valley giants are eyeing. In the long run, an increase in proprietary software of partnership with tech companies will be in the offing.

Electric vehicle sales will continue unabated
The sales of electric vehicles have grown from strength to strength, dispelling the skepticism and early apprehensions. The focus now is on developing a scalable production model and enough charging stations so consumers are confident of investing in the technology of tomorrow.

For More Insights

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

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 Gym Accessories Market Has Registered To Grow At A CAGR Of 3.5% From 2022-2031 here

News-ID: 2625197 • Views: 174

More Releases from Fact.MR

Demand For LOHC Is Growing at a CAGR Of 5.6% During the Forecast Period 2022-203 …
In its recently added report by Fact.MR has provided unique Insights about Liquid Organic Hydrogen Carriers Market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer the latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments. The latest research report published by
Flash Dryers Market Is Growing At A CAGR Of 3.5% Throughout 2022 To 2032
Flash Dryers Market Analysis by Size (Small, Medium, Large Size Flash Dryers), by Operating Principle (Direct Drying, Indirect Drying), by End-use Industry & Region - Global Forecast 2022-2032 The global flash dryers market is estimated at USD 973 Million in 2022 and is forecast to surpass USD 1,369 Million by 2032, growing at a CAGR of 3.5% from 2022 to 2032. With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the
Iithium Difluoro(Oxalato)Borate Market Is Set To Register Sizeable Growth With A …
According to the latest research by Fact MR., lithium difluoro(oxalato)borate market is set to register sizeable growth during 2021-2031 with a CAGR of 7.8%. Demand for the lithium difluoro(oxalato)borate will witness substantial growth recovery in the short term, with an optimistic growth outlook in the long run. An upsurge in demand from the electric vehicle industry will generate extensive growth opportunities in near future. Besides, sales of Lithium difluoro(oxalate)borate in the
Worldwide Demand For L-Hydroxyphenylalanine Is Grow At An Impressive 3.4% CAGR T …
L-Hydroxyphenylalanine Market Analysis by Application (Dietary Supplements and Nutraceuticals, Pharmaceutical, Food and Beverage), by Region - Global Forecast 2022-2032 The L-Hydroxyphenylalanine market is estimated at USD 530 million in 2022 and is forecast to reach USD 740 million by 2032, growing at a CAGR of 3.4% during 2022-2032. For More Insights Into The Market, Request a Sample Of This Report:- Prominent Key Players Of The L-Hydroxyphenylalanine Market Survey Report: • Sisco Research Laboratories Pvt. Ltd. • Fabrichem • Amino

All 5 Releases

More Releases for Gym

Low Priced Ladies Gym Clothing
So, it's almost time for summer ladies. It's the time that we all start to think about getting into shape, so we can be headed off on our well deserved summer vacations. After all it has been a hard year with corona rearing its ugly never disappearing head! What could be better than to head off to the gym wearing low priced ladies gym clothing, in order to get your
04-14-2021 | Sports
Achiever Sports
STATE, health is key for real happiness and nowadays people are focused and keen to maintain a healthy body, but due to the hassle and busy lives, it's difficult to stick to a regular routine. Today’s generation and time are very speedy and they all prefer to choose a gym or exercise with latest and modern equipment and machines, So here at ACHIEVER'S, we are constantly trying to make an
Gym and Health Clubs Market Checkout The Unexpected Future | Fitness Planet, Gol …
A new business intelligence report released by HTF MI with title "Global Gym and Health Clubs Market Size, Status and Forecast 2025" is designed covering micro level of analysis by manufacturers and key business segments. The Global Gym and Health Clubs Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it
09-24-2018 | Sports
Orbis Research
Global Gym Bags Market
This report studies the global market size of Gym Bags in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Gym Bags in these regions. This research report categorizes the global Gym Bags market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers,
Global Gym and Health Clubs Market 2017: Bev Francis's Powerhouse Gym, Metroflex … adds Global Gym and Health Clubs Market Size, Status and Forecast 2022” reports to its Database. This report studies the global Gym and Health Clubs market, analyzes and researches the Gym and Health Clubs development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like  Bev Francis's Powerhouse Gym  Metroflex Gym  Original Temple Gym  Titan Fitness  Crunch Fitness  David Lloyd Leisure  Equinox  Fitness International  Fitness
Gym and Health Clubs 2017 Global Market Key Players – Bev Francis’s Powerhou …
Gym and Health Clubs Market 2017 Wiseguyreports.Com adds “Gym and Health Clubs Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Report Details: This report provides in depth study of “Gym and Health Clubs Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Gym and Health Clubs Market report also provides an in-depth survey of key players in the