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Asia Pacific Home Fitness Equipment Market 2021-2031 by Product Type (Cardiovascular Training, Strength Training), Grade (Low-end, Mid-grade, High-end), End User (Houses, Condos, Others), Distribution Channel (Dealers, Specialty Stores, Online, Retail Stores), and Country: Trend Forecast and Growth Opportunity

  • GRA4806329
  • 112 Pages
  • January 2022
  • Consumer Goods
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Asia Pacific home fitness equipment market will grow by 2.7% annually with a total addressable market cap of $18.75 billion over 2022-2031 owing to the increased product innovations, high customization of fitness devices, and the rising investments and homecare spending amid COVID-19 pandemic.

Highlighted with 31 tables and 50 figures, this 112-page report “Asia Pacific Home Fitness Equipment Market 2021-2031 by Product Type (Cardiovascular Training, Strength Training), Grade (Low-end, Mid-grade, High-end), End User (Houses, Condos, Others), Distribution Channel (Dealers, Specialty Stores, Online, Retail Stores), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific home fitness equipment market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific home fitness equipment market in every aspect of the classification from perspectives of Product Type, Grade, End User, Distribution Channel, and Country.

Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Cardiovascular Training Equipment

o Stationary Cycles

o Treadmills

o Rowing Machines

o Elliptical and Others

• Strength Training Equipment

o Free Weights

o Barbells & Ladders

o Extension Machines

o Other Strength Training Equipment

Based on Grade, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Low-end Products

• Mid-grade Products

• High-end Products

By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Houses and Townhomes

• Apartments and Condos

• Other End Users

Based on Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Dealers

• Specialty Stores

• Online Shops

o Direct Online Stores

o Third Party Websites

• Retail Stores

• Other Distribution Channels

Geographically, the following national/local markets are fully investigated:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of the regional market by country and split of key national markets by Product Type, End User, and Distribution Channel over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Amer Sports Oyj

Corepump

HOIST Fitness Systems

ICON Health & Fitness Inc.

Johnson Health Tech. Co., Ltd.

JTX Fitness

Keiser Corporation

Louis Vuitton

NOHrD

Nordic Track

PELOTON

PENT

Precor Inc.

ProForm

Schwinn

Technogym SpA

Tonal Systems Inc.

True Fitness

Vectra Fitness

York Barbell

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 18

2.1 Market Size and Forecast 18

2.1.1 Impact of COVID-19 on World Economy 19

2.1.2 Impact of COVID-19 on the Market 21

2.2 Major Growth Drivers 23

2.3 Market Restraints and Challenges 27

2.4 Emerging Opportunities and Market Trends 30

2.5 Porter’s Fiver Forces Analysis 34

3 Segmentation of Asia Pacific Market by Product Type 38

3.1 Market Overview by Product Type 38

3.2 Cardiovascular Training Equipment 40

3.2.1 Stationary Cycles 42

3.2.2 Treadmills 43

3.2.3 Rowing Machines 44

3.2.4 Elliptical and Others 45

3.3 Strength Training Equipment 46

3.3.1 Free Weights 48

3.3.2 Barbells & Ladders 49

3.3.3 Extension Machines 50

3.3.4 Other Strength Training Equipment 51

4 Segmentation of Asia Pacific Market by Grade 52

4.1 Market Overview by Grade 52

4.2 Low-end Products 54

4.3 Mid-grade Products 55

4.4 High-end Products 56

5 Segmentation of Asia Pacific Market by End User 57

5.1 Market Overview by End User 57

5.2 Houses and Townhomes 59

5.3 Apartments and Condos 60

5.4 Other End Users 61

6 Segmentation of Asia Pacific Market by Distribution Channel 62

6.1 Market Overview by Distribution Channel 62

6.2 Dealers 64

6.3 Specialty Stores 65

6.4 Online Shops 66

6.4.1 Direct Online Stores 67

6.4.2 Third Party Websites 68

6.5 Retail Stores 69

6.6 Other Distribution Channels 70

7 Asia-Pacific Market 2021-2031 by Country 71

7.1 Overview of Asia-Pacific Market 71

7.2 Japan 74

7.3 China 77

7.4 Australia 79

7.5 India 81

7.6 South Korea 83

7.7 Rest of APAC Region 85

8 Competitive Landscape 87

8.1 Overview of Key Vendors 87

8.2 New Product Launch, Partnership, Investment, and M&A 90

8.3 Company Profiles 91

Amer Sports Oyj 91

Corepump 93

HOIST Fitness Systems 94

ICON Health & Fitness Inc. 95

Johnson Health Tech. Co., Ltd. 96

JTX Fitness 97

Keiser Corporation 98

Louis Vuitton 99

NOHrD 100

Nordic Track 101

PELOTON 102

PENT 103

Precor Inc. 104

ProForm 105

Schwinn 106

Technogym SpA 107

Tonal Systems Inc. 108

True Fitness 109

Vectra Fitness 110

York Barbell 111

RELATED REPORTS 112

List of Tables:

Table 1. Snapshot of Asia Pacific Home Fitness Equipment Market in Balanced Perspective, 2021-2031 17

Table 2. World Economic Outlook, 2021-2031 20

Table 3. World Health Spending by Region, $ bn, 2013-2020 26

Table 4. Main Product Trends and Market Opportunities in Asia Pacific Home Fitness Equipment Market 30

Table 5. Asia Pacific Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 38

Table 6. Asia Pacific Home Fitness Equipment Market: Cardiovascular Training Equipment by Type, 2021-2031, $ mn 41

Table 7. Asia Pacific Home Fitness Equipment Market: Strength Training Equipment by Type, 2021-2031, $ mn 47

Table 8. Asia Pacific Home Fitness Equipment Market by Grade, 2021-2031, $ mn 52

Table 9. Asia Pacific Home Fitness Equipment Market by End User, 2021-2031, $ mn 57

Table 10. Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 62

Table 11. Asia Pacific Home Fitness Equipment Market: Online Shops by Type, 2021-2031, $ mn 66

Table 12. APAC Home Fitness Equipment Market by Country, 2021-2031, $ mn 72

Table 13. Japan Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 76

Table 14. Japan Home Fitness Equipment Market by End User, 2021-2031, $ mn 76

Table 15. Japan Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 76

Table 16. China Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 78

Table 17. China Home Fitness Equipment Market by End User, 2021-2031, $ mn 78

Table 18. China Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 78

Table 19. Australia Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 80

Table 20. Australia Home Fitness Equipment Market by End User, 2021-2031, $ mn 80

Table 21. Australia Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 80

Table 22. India Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 82

Table 23. India Home Fitness Equipment Market by End User, 2021-2031, $ mn 82

Table 24. India Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 82

Table 25. South Korea Home Fitness Equipment Market by Product Type, 2021-2031, $ mn 84

Table 26. South Korea Home Fitness Equipment Market by End User, 2021-2031, $ mn 84

Table 27. South Korea Home Fitness Equipment Market by Distribution Channel, 2021-2031, $ mn 84

Table 28. Home Fitness Equipment Market in Rest of APAC by Country/Region, 2021-2031, $ mn 86

Table 29. Amer Sports Oyj: Company Snapshot 91

Table 30. Amer Sports Oyj: Business Segmentation 92

Table 31. Amer Sports Oyj: Product Portfolio 92

 
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