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Asia-Pacific Fitness Equipment (Cardiovascular & Strength) Market Outlook, 2025

September 2020 | 128 pages | ID: AFCF41E5D40EEN
Bonafide Research & Marketing Pvt. Ltd.

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The expansion of the fitness equipment market in the Asia-Pacific region has been at an exponential rate in the last couple of years. It has been observed as the next destination for fitness manufacturing companies to expand its operation in the region. People in the region have a higher attraction towards athletic & resistance training in with the trend of getting a lean fit body. The number of attractive and expensive gyms with highly modernized equipment has attracted consumers. Apart from that people here are very much attracted to new aged cardio equipment like rowers, elliptical, have been gaining importance at in-home fitness. Along with this obstacle training courses making the use of equipment ladders, climbing walls, and ring monkey bars, etc. are gaining importance in the strength training category mostly preferred in fitness clubs of outdoor fitness activities. The report titled “Asia-Pacific Fitness Equipment (Cardiovascular & Strength) Market Outlook, 2025” provides the complete historical and forecasted analysis of Asia-Pacific fitness equipment along with the top profiled companies.

The growth of fitness equipment in the Asia Pacific has been the fastest as compared to other regions in the global market. It has acquired the third place in the global market just after North-America & Europe. Revenue generation from the Asia-Pacific fitness equipment market grew with a CAGR of over 7% until the year 2025. The market has emerged with several growing fitness equipment manufacturing companies some of the prominent companies in the list are SportsArt Fitness, BFT fitness, Stingray Fitness, Shuhua Fitness, Amer sports corporation, etc. The overall growth of Asia-Pacific fitness equipment market has been largely supported by the major economies like China, Japan, Australia & India. China has been viewed as the most mature market of the Asia-Pacific region and heaving a large number of the population moving towards developing physical fitness. China has a large number of fitness manufacturing companies who are majorly into exporting the fitness equipment to original equipment manufacturing (OEM) and original design manufacturing (ODM) based stores at a global level. On the other hand, India has observed robust growth in the fitness equipment market. The increasing number of gyms and fitness clubs has promoted physical fitness which has led to growth in the fitness equipment market of India. Being strong, Coso home gym, Into wellness, syndicate gym equipment manufacturer, etc. are some of the fitness equipment manufacturers which have been catering to small and big fitness centers as well as in for a home workout. Extending fitness facilities in the form of corporate well-being by MNC’s has let to expand the fitness equipment market with increasing corporate fitness centers. The rapid expansion of the market in India will boost its forecasted growth which is expected to grow with a CAGR of above 9% till the year 2025.

The commercial segment has been contributing to the highest revenue in the region’s fitness equipment market. Health & fitness clubs are the prominent section in commercial segments revenue generation. Growth in the market has also been derived by an influx of international fitness franchise. On the other hand, the trend of home fitness has increased the sale of equipment like dumbbells, treadmills, stationary bikes, rowers, and other free weights in the residential segment.

Major companies in the market

Johnson Health Tech Co Ltd, Impulse fitness, Shuhua sports, Sports Art Fitness, Stringray International ltd, BFT fitness, Acme Fitness

Considered in the report
  • Geography: Asia-Pacific
  • Base year: 2019
  • Historical year: 2014
  • Estimated year: 2020
  • Forecasted year: 2025
Aspects covered in the report
  • Global fitness equipment market outlook
  • Asia-Pacific fitness equipment market outlook
  • Asia-Pacific cardiovascular fitness equipment market outlook
  • Asia-Pacific strength fitness equipment market outlook
  • China fitness equipment market outlook
  • Japan fitness equipment market outlook
  • Australia fitness equipment market outlook
  • India fitness equipment market outlook
  • Rest Of Asia Pacific fitness equipment market outlook
  • Policy & regulations
  • Porters five force model
  • Company profile of top players
  • Strategic recommendation
Segments covered in the market
  • Cardiovascular fitness equipment
  • Treadmill
  • Stationary bike
  • Elliptical trainer
  • Rowing machine
  • Cross Country ski
  • Stair stepper
  • Strength fitness equipment
  • Dumbbells
  • Weight plates
  • Hydraulic equipment
  • Resistance band & tubes
Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the fitness equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Keywords: Global, Fitness, Cardio, Strength, Equipment, Treadmill, Cross Country Ski, Stationary Bike, Stair, Stepper, Rowing, Elliptical, Trainer, Dumbbells, Hydraulic, Free Weights, Resistance, Training, Asia-Pacific
1. EXECUTIVE SUMMERY

2. REPORT METHODOLOGY

3. GLOBAL FITNESS EQUIPMENT MARKET OUTLOOK

3.1. Market Size By Value
  3.1.1. Overall Market
  3.1.2. North America Fitness Equipment Market
  3.1.3. Europe Fitness Equipment Market
  3.1.4. Asia-Pacific Fitness Equipment Market
  3.1.5. Latin-America Fitness Equipment Market
  3.1.6. Middle-East & Africa Fitness Equipment Market
3.2. Market Share
  3.2.1. By Company
  3.2.2. By Region
  3.2.3. By Country
  3.2.4. By End User
3.3. Global Cardiovascular Equipment Market Outlook
  3.3.1. Market Size By Value
  3.3.2. Market Share
    3.3.2.1. By Region
    3.3.2.2. By Type
3.4. Global Srength Equipment Market Outlook
  3.4.1. Market Size By Value
  3.4.2. Market Share
    3.4.2.1. By Region
    3.4.2.2. By Type

4. ASIA PACIFIC FITNESS EQUIPMENT MARKET OUTLOOK

4.1. Market Size by Value
  4.1.1. Overall Market
  4.1.2. Cardiovascular Equipment Market
  4.1.3. Strength Equipment Market
4.2. Market Share
  4.2.1. By Country
  4.2.2. By End User
  4.2.3. By Cardiovascular Equipment Type
  4.2.4. By Strength Equipment Type
4.3. China Fitness Equipment Market Outlook
  4.3.1. Market Size By Value
  4.3.2. Market Share
    4.3.2.1. By Cardiovascular Equipment
    4.3.2.2. By Strength Equipment
4.4. Japan Fitness Equipment Market Outlook
  4.4.1. Market Size By Value
  4.4.2. Market Share
    4.4.2.1. By Cardiovascular Equipment
    4.4.2.2. By Strength Equipment
4.5. Australia Fitness Equipment Market Outlook
  4.5.1. Market Size By Value
  4.5.2. Market Share
    4.5.2.1. By Cardiovascular Equipment
    4.5.2.2. By Strength Equipment
4.6. India Fitness Equipment Market Outlook
  4.6.1. Market Size By Value
  4.6.2. Market Share
    4.6.2.1. By Cardiovascular Equipment
    4.6.2.2. By Strength Equipment
4.7. Rest Of Asia Pacific Fitness Equipment Market Outlook
  4.7.1. Market Size By Value
  4.7.2. Market Share
    4.7.2.1. By Cardiovascular Equipment
    4.7.2.2. By Strength Equipment

5. POLICY & REGULATORY

6. GLOBAL FITNESS EQUIPMENT MARKET DYNAMICS

6.1. Key Drivers
6.2. Key Challenges

7. MARKET TRENDS & DEVELOPMENT

7.1. Technological development in fitness industry
7.2. Online coaching transforming the fitness industry
7.3. Launching of online fitness market place
7.4. Adapting functional training as growing fitness trend
7.5. At home workout is a new trend to follow

8. COMPETITIVE LANDSCAPE

8.1. Porters Five Force Model
8.2. Company Profile
  8.2.1. Johnson Health Tech Co. Ltd
  8.2.2. Technogym S.P.A
  8.2.3. Impulse Fitness
  8.2.4. Shuhua Sports Co Ltd
  8.2.5. Sports Art Fitness
  8.2.6. Stingray International LTD
  8.2.7. BFT Fitness
  8.2.8. Acme Fitness

9. STRATEGIC RECOMENDATION

10. DISCLAIMER

LIST OF TABLES

Table-1: Key Facts Of Johnson Health Tech Co Ltd
Table-2: Key Facts Of Technogym S.P.A
Table-3: Key Facts Of Impulse Fitness
Table-4: Key Facts Of Shuhua Sports Co Ltd
Table-5: Key Facts Of Sports Art Fitness
Table-6: Key Facts Of Stingray International LTD
Table-7: Key Facts Of BFT Fitness
Table-8: Key Facts Of Acme Fitness PVT LTD


LIST OF FIGURES

Figure 1: Global Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 2: Global Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 3: North America Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 4: North America Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 5: Europe Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 6: Europe Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 7: Asia Pacific Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 8: Asia Pacific Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 9: Latin-America Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 10: Latin-America Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 11: Middle-East & Africa Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 12: Middle-East & Africa Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 13: Global Fitness Equipment Market Share By Value By Company 2019
Figure 14: Global Fitness Equipment Market Share By Value By Region 2019 & 2025F
Figure 15: Global Fitness Equipment Market Share By Value By Country 2019 & 2025F
Figure 16: Global Fitness Equipment Market Share By Value By End User 2019 & 2025F
Figure 17: Global Cardiovascular Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 18: Global Cardiovascular Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 19: Global Cardiovascular Equipment Market Share By Value By Region 2019 & 2025F
Figure 20: Global Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 21: Global Strength Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 22: Global Strength Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 23: Global Strength Equipment Market Share By Value By Region 2019 & 2025F
Figure 24: Global Strength Equipment Market Share By Value By Type 2019 & 2025F
Figure 25: Asia-Pacific Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 26: Asia-Pacific Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 27: Asia-Pacific Cardiovascular Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 28: Asia-Pacific Strength Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 29: Asia-Pacific Fitness Equipment Market Share By Value By Country 2019 & 2025F
Figure 30: Asia-Pacific Fitness Equipment Market Share By Value By End User 2019 & 2025F
Figure 31: Asia-Pacific Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 32: Asia-Pacific Strength Eqipment Market Share By Value By Type 2019 & 2025F
Figure 33: China Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 34: China Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 35: China Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 36: China Strength Equipment Market Share By Value By Type 2019 & 2025F
Figure 37: Japan Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 38: Japan Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 39: Japan Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 40: Japan Strength Equipment Market Share By Value By Type 2019 & 2025F
Figure 41: Australia Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 42: Australia Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 43: Australia Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 44: Australia Strength Equipment Market Share By Value By Type 2019 & 2025F
Figure 45: India Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 46: India Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 47: India Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 48: India Strength Equipment Market Share By Value By Type 2019 & 2025F
Figure 49: Rest Of Asia-Pacific Fitness Equipment Market By Value 2014 – 2019 (USD Billion)
Figure 50: Rest Of Asia-Pacific Fitness Equipment Market By Value 2020F – 2025F (USD Billion)
Figure 51: Rest Of Asia-Pacific Cardiovascular Equipment Market Share By Value By Type 2019 & 2025F
Figure 52: Rest Of Asia-Pacific Strength Equipment Market Share By Value By Type 2019 & 2025F


COMPANIES MENTIONED

1. Johnson Health Tech Co. Ltd
2. Technogym S.P.A
3. Impulse Fitness
4. Shuhua Sports Co Ltd
5. Sports Art Fitness
6. Stingray International LTD
7. BFT Fitness
8. Acme Fitness


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