Key Findings
The Asia-Pacific fitness equipment market is expected to register a CAGR of 7.72% across the forecasting period of 2021 to 2028. The market growth of the region is propelled by the rising gym culture, the increasing number of fitness influencers, the surging prevalence of obesity, and the increasing awareness associated with fitness.

Market Insights
The Asia-Pacific fitness equipment market growth assessment comprises the evaluation of Thailand, Australia & New Zealand, Indonesia, Vietnam, India, Japan, South Korea, China, and Rest of Asia-Pacific. India is largely transitioning from underweight to an overweight/obese population. As per the Indian Academy of Neurosciences, the incidence of obesity in the country is 40.3%. Moreover, according to Elsevier BV, over 135 million individuals were impacted by obesity in India. As a result, the rising obese population in the country augments the demand for fitness equipment. In addition, the fitness sector in India is rapidly evolving, owing to the emergence of a burgeoning ecosystem, including service and equipment suppliers, customers, government initiatives, and adjacent companies.
On the other hand, although obesity in South Korea is relatively low, the rates are steadily rising. As per the Organization for Economic Co-operation and Development (OECD), approximately 4% of the nation’s adult population is obese, while nearly 30% is overweight (including obese). Hence, these factors are set to influence the Asia-Pacific fitness equipment market growth over the forecasted years.

Competitive Insights
Key companies operating in the market are Impulse (Qingdao) Health Tech Co Ltd, Johnson Health Tech Co Ltd, Nautilus Inc, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments