Home gym equipment is a promising market in Asia-Pacific is growing at a CAGR of 3.8% during the forecast period attributed to widespread awareness among consumers and investments by vendors, which are expected to fuel demand in the near future. Also, factors such as a busy schedule and long hours of work, crowded fitness centers, and vehicle parking hassles in metros, consumers have been more inclined to home gyms. However, major challenges include the price and size of equipment.

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The Asia-Pacific home gym equipment market is segmented based on product type, and distribution channel. Based on product type, the home gym equipment market is fragmented into cardiovascular equipment, which is further sub-segmented into ellipticals, treadmills, exercise bikes, and others; and strength training equipment, which is further sub-segmented into free weights, barbells & ladders, extensions, machines, and others. Based on the distribution channel, the market is classified into online and offline.

Country-wise, the market is segmented into China, Japan, India, and the Rest of Asia-Pacific. China is the largest revenue contributor to the home gym equipment market in Asia-Pacific. The home gym equipment market in China is expected to grow manifold during the forecast period with the higher penetration of e-commerce platforms and growing fitness routines of consumers in the country. During the COVID-19 outbreak, consumers followed strict lockdown restrictions, and gyms and other health facilities had to be closed. Therefore, the demand for home gym equipment increased, particularly high-end and professional-grade products.

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The market study of the Asia-Pacific home gym equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Asia-Pacific Home Gym Equipment Market – Segmentation
by Product Type
Cardio Equipment
Ellipticals
Treadmills
Exercise Bikes
Others
Strength Training Equipment
Free Weights
Barbells & Ladders
Extension
Others
by Distribution Channel
Online
Offline

Asia-Pacific Home Gym Equipment Market – Segmentation by Region 
China
Japan
India
Rest of Asia-Pacific

Company Profiles
Adidas AG
Amer Sports Corp.
BFT Fitness Co.,Ltd.
Core Health & Fitness, LLC.
Decathlon S.A.
Dyaco International
Fitness World
Johnson Health Tech. Co., Ltd.
Nelco (India) Pvt. Ltd.
Shandong Realleader Fitness Co., Ltd.
SportsArt, Inc.
TECHNOGYM S.p.A.

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