A large number of the population has become health-conscious and are hitting the gyms regularly. This prevalence of gyms has made many gym accessories popular too. One of many gym accessories is gym ball. These gym balls are available in various sizes, colors, types, and ranges, suiting the height, weight, and purpose of the user. For instance, there are many gym balls available like small exercise balls, large exercise balls, medicines or therapy balls, toning balls, foot massage balls, and other such balls. All these different types of gym balls serve different purposes. They help the user in toning the body, stretching, core training, and also are used by back pain patients for physiotherapy. Such a wide range of uses is stimulating the global gym ball market.
COVID-19 Scenario Analysis:
- COVID-19 pandemic has deeply impacted the market for gym balls.
- The fitness lounges and gyms are shut due to the lockdown situation, thereby reducing sales of fitness accessories.
- As social distancing is practiced to protect oneself from this dangerous disease, going to the fitness lounge is not possible. This is so because the trainer often has to come in contact with the trainee, which can cause the disease to spread.
- People are taking precautionary measures and are not purchasing much from online or offline retail stores.
- Most gyms have laid off their staff to reduce the loss occurring from this lockdown.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The most significant factor that drives the global gym ball market is an increasing number of health-conscious people and a rapid shift towards a healthy lifestyle. Another reason is its large number of uses. High prevalence of diseases such as obesity, cardiovascular diseases, and diabetes also motivates people to do fitness activities, which further increases the demand for fitness accessories like gym balls. The government is also taking various initiatives to promote health and creating awareness about fitness, which is another reason for the growth of the global gym balls market. Emerging trends to gain muscular strength and improve appearance among youngsters has also influenced the development of the global gym ball market.
Unlike other gym equipment, gym balls take up very little space, and the investment required is also comparatively low, making it a much needed in-home equipment. Along with this, the hectic schedule, unhealthy food consumption, and sedentary lifestyle of people have led to the adoption of in-home equipment like gym balls.
Less knowledge about the product & how to use it, along with a lack of awareness about its uses, slows down the market growth for the gym balls globally.
However, manufacturers are trying to bring more and more innovation and are also changing marketing strategies, like focusing more on e-commerce retailing; this may create profitable opportunities for the players operating in the global gym ball market. Additionally, transition in living habits has led to many diseases, obesity being the most common among all, will continue to propel the growth for the gym balls further.
Key Benefits of the Report:
- This study presents the analytical depiction of the global gym ball industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global gym ball market share.
- The current market is quantitatively analyzed to highlight the global gym ball market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global gym ball market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Gym Ball Market Research Report:
- What are the leading market players active in the gym ball market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Gym Ball Market Report Highlights
By Distribution Channel
Key Market Players
BOSU,, Superior Fitness,, Sivan Health,, Ealance From., Tone Fitness,, Gaiam,, Thera-Band,, Max Fitness,, Smarter Life,, STOTT Pilates,