Gym Accessories Market
Gym Accessories Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031
Analysis of Gym Accessories Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Gym Accessories Market Forecast and CAGR
Gym accessories market has registered to grow at a CAGR of 3.5% from 2021-2031. 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.
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What is Driving Demand for Gym Accessories Market?
The worldwide gym accessories market is developing characterized by a rapid adoption of innovations and a willingness to adapt to changing trends. The business is flourishing enormously on internet business, which is a mainstream retail medium these days that likewise offers purchasers the advantage to look at all the accessible brands of athletic gear.
Gym accessories market is driven especially from the urban and working class population as their schedule involves activities, which have led to mental stress, diabetes, heart diseases etc., which has triggered the need and importance to keep oneself involved in activities using gym accessories.
What are the Factors Growing the Gym Accessories Market?
As COVID-19 had caused all the individuals to sit at home and maintain their workout programs. Earlier home fitness was a practice for beginners, but the recent happening has caused all to perform workouts at home from different accessories that are financially affordable and not too space acquiring. Furthermore, as a result of the pandemic, people have become more mindful of health problems and obesity, which has resulted in a rise in the sales of gym accessories.
Also as the population is performing home fitness activities, it has resulted in saving their time and money of inconvenience of commuting to a gym, using gym equipment, trainer fees, etc. Therefore, the increase in customized and comfortable schedule of an individual with the liberty of privacy, gym accessories are observing a growth.
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Why is U.S. and Canada the Biggest Market for Gym Accessories?
The gym accessories market in the region of the US and Canada expects to grow by a margin of 2.09% from 2021-2031. One of the major reasons for the increase in gym accessories in the region is their food culture, which had led to people suffering from rising fatness, followed by numerous health concerns.
In addition, the companies that are supplying gym accessories are collaborating with fitness enthusiasts and delivering videos and seminars to spread awareness about the importance of physical fitness. Therefore, primitive health care, along with increasing self-awareness about personalized exercise and the availability of a private and comfortable environment is boosting the gym accessories market.
Europe Demand Outlook for Gym Accessories
Urbanization is the fastest method for growing economy. Also in the competitive era, individuals want a luxurious and comfortable lifestyle but are forgetting the importance of fitness and thus neglecting the concerns caused due to it. Therefore, it has led people to develop health concerns like obesity, fluctuation of blood pressure and osteoporosis, etc.
The growing awareness among individual about the problems is causing to grow of the gym accessories market in Europe. In addition, many of the activities in the field of sport now focus on HEPA (Health-enhancing physical activity) across sectors, to promote physical activity and health, which are enhancing growth. In addition, the demand for strong refurbished accessories is also likely to push the growth of gym accessories.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Manufacturers
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
- Medekyfitness
- Foshan Laijian Fitness Equipment Co.Ltd.
Many companies are also working on the innovation that are possible in the gym accessories that can help save energy consumptions. Designers like Byoung-soo Choi and Jun-Kyeong Kim have developed One Bike that is combination of exercise bike and bicycle that is charge via kinetic energy during workout in its stationary mode.
Gym Accessories Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segments
By Product Type
- Ab Straps
- Belts
- Sippers
- Wrist Wraps
- Body Fat Tester
- Heart Rate Monitor
- Blood Pressure Monitor
- Music Players
- Towels
- Mats
- Lifting Chalk
- Exercise Balls
- Others
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
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Distribution Channel 6.3. Application 7. Global Market Analysis and Forecast, By Product Type 7.1. Ab Straps 7.2. Belts 7.3. Sippers 7.4. Wrist Wraps 7.5. Body Fat Tester 7.6. Heart Rate Monitor 7.7. Blood Pressure Monitor 7.8. Music Players 7.9. Towels 7.10. Mats 7.11. Lifting Chalk 7.12. Exercise Balls 8. Global Market Analysis and Forecast, By Distribution Channel 8.1. Retail Stores 8.2. Online Retailers 8.3. Direct Selling 8.4. Specialty Stores 9. Global Market Analysis and Forecast, By Application 9.1. Home consumer 9.2. Health clubs 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Product Type, Distribution Channel, and Application for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Nautilus Inc. 20.2. ICON Health & Fitness Inc. 20.3. Amer Sports 20.4. Torque Fitness 20.5. Brunswick Corporation 20.6. True Fitness 20.7. Octane Fitness LLC. 20.8. Star Trac 20.9. Precor Inc 20.10. Dyaco International Inc 20.11. Senoh Corporation 20.12. Life Fitness 20.13. Medekyfitness 20.14. Foshan Laijian Fitness Equipment Co.Ltd
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Product Type
Table 03: Global Market US$ Mn Forecast by Distribution Channel
Table 04: Global Market US$ Mn Forecast by Application
Table 05: North America Market US$ Mn Forecast by Country
Table 06: North America Market US$ Mn Forecast by Product Type
Table 07: North America Market US$ Mn Forecast by Distribution Channel
Table 08: North America Market US$ Mn Forecast by Application
Table 09: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Type
Table 11: Latin America Market US$ Mn Forecast by Distribution Channel
Table 12: Latin America Market US$ Mn Forecast by Application
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Type
Table 15: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 16: Western Europe Market US$ Mn Forecast by Application
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Type
Table 19: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 20: Eastern Europe Market US$ Mn Forecast by Application
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Type
Table 23: East Asia Market US$ Mn Forecast by Distribution Channel
Table 24: East Asia Market US$ Mn Forecast by Application
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel
Table 28: South Asia & Pacific Market US$ Mn Forecast by Application
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Type
Table 31: MEA Market US$ Mn Forecast by Distribution Channel
Table 32: MEA Market US$ Mn Forecast by Application
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the CAGR of the gym accessories market?
Demand for gym accessories is set to increase at a CAGR of 4% through 2031.
What is boosting the sales of gym accessories?
Growing awareness about healthy lifestyles among individuals is driving market expansion.
Which region accounts for high adoption of gym accessories?
Europe dominates the worldwide sales of gym accessories.