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Analysis on Global Sandbells Market Booming Trends and Forecast Assessment for the Period 2018 to 2028
Fact.MR
Besides, fitness professionals usually prefer to carry it with themselves for regular workouts. The outer shell of the sandbell is made of hard stretchy neoprene, which helps to engage wrist and hand gripping muscles.
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Global Sandbells Market: Dynamics
The key factors expected to drive the growth of the global sandbells market are rapidly growing health and fitness concern among population of all age groups as well as increasing number of gyms and fitness/sports centres across the globe. Besides, macroeconomic factors such as increasing urbanisation, increasing per capita income in emerging countries such as China, India and Brazil are expected to surge the growth of the global sandbells market. Moreover, growing e-commerce industry due to heavy investments by the major foreign investors, such as Walmart and Softbank, among others, is estimated to create heightened the penetration of sandbells among target consumers, which is likely to boost the growth of global sandbells market over the forecast period.
Furthermore, growing mergers and partnerships among key manufacturers and local distributors to strengthen their sales channel is expected to fuel the growth of the global sandbells market over the forecast period. However, high cost of sandbells and high import tax are factors expected to hamper the growth of the global sandbells market over the forecast period.
Global Sandbells Market: Regional Outlook
Geographically, the global sandbells market is segment into six regions, namely North America, Latin America, Europe, Japan, APEJ (the Asia Pacific excluding Japan) and the MEA (the Middle East and Africa). North America is expected to account significant share in the global sandbells market over the forecast period attributed to the high health consciousness and fitness awareness among consumers across the region. Western Europe is estimated to capture high market share over the forecast period due to growing demand for fitness-based products across Germany, the U.K., France and other major countries in the region.
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Moreover, APEJ is also projected to showcase significant growth rate in the global sandbells market over the forecast period owing to rapidly increasing population along with significantly growing consumer preference regarding fitness and sports. Rapidly growing e-commerce industry and ease of product availability across the emerging countries, such as China and India, are expected to create significant opportunities for the prominent players across APEJ. Japan is also projected to capture high market share in the global sandbells market over the forecast period due to increasing health consciousness among the female population.
Global sandbells market: Prominent Players
Examples of some of the prominent players in the global sandbells market are HYPER WEAR INC., Nantong Liveup Sports Co. Ltd, B Fit USA, Nantong Modern Sporting Industrial Co., Ltd, etc. HYPER WEAR, INC. is focusing on expanding its sales channel through merging with local distributors in North America and targeting e-commerce websites in emerging countries such as China and India to capture maximum market share in the global sandbells market.
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