Growing Acceptance of Fitness Equipment in Flourishing Hospitality Sector Drives the Demand for Asia-Pacific Rowing Machines Market

With the rise in awareness to maintain weight and perform physical activity, most millennials prefer going to the gym. Machines have grown in popularity as they stand out from the competition for all of the amazing advantages they provide, with weight loss being just one of them while different exercise machines help in efforts to lose weight, rowing. Rowing machines accelerate calorie-burning capacity due to the potential offered by the machine, which combines cardiac exercise, resistance training, and aerobic exercise at the same time. Therefore, the Asia-Pacific rowing machines market is estimated to increase rapidly shortly.   

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Data Bridge Market Research analyses that the Asia-Pacific Rowing Machines Market is expected to grow at a CAGR of 6.1% in the forecast period of 2023 to 2030 and is expected to reach USD 312,181.21 thousand by 2030. The rowing machines not only help in the fitness getting better of the athlete but also aid in the rehabilitation journey of players and hence contribute to market growth.

Key Findings of the Study

Increasing Spending on Professional Sports in Asia-Pacific

The rising demand for rowing machines is because they play an important role in the training of athletes taking part in rowing sports. The machine helps athletes improve their rowing technique, which is possible through simulation of the motion that is offered by the rowing machines. The rowing machines help in developing the endurance required for long races. In addition, training through rowing machines helps the professional sports player maintain a high aerobic capacity to play combat sports, such as boxing. A total-body workout takes place that strengthens the majority of muscle groups in the arms, glutes, shoulders, legs, and back. Athletes who are involved in various sports such as running, squash, tennis, swimming, and basketball prefer it due to such advantages of training offered through rowing machines.

Report Scope and Market Segmentation

Segment Analysis:

The Asia-Pacific rowing machines market is segmented on the basis of type, body type, weight capacity, distribution channel, resistant level, color, and end-user.    

• On the basis of type, the market is segmented into air, water, magnetic, and hydraulic. 

In 2023, air segment is expected to dominate the Asia-Pacific rowing machines market

In 2023, air segment is expected to dominate with a 34.31% market share owning to the rise in awareness to maintain weight and perform physical activity, most millennials prefer going to the gym.

• On the basis of body type, the market is segmented into metal and solid wood.

In 2023, metal segment is expected to dominate the Asia-Pacific rowing machines market

In 2023, metal is expected to dominate the market with a 68.12% market share due to its high durability, easy availability, and wide applications.

• On the basis of weight capacity, the market is segmented into 300 to 499 pounds, 200 to 249 pounds, 100 to 199 pounds, and under 100 pounds. In 2023, 300 to 499 pounds segment is expected to dominate the market with a 43.17% market share. 
• On the basis of distribution channel, the market is segmented into offline and online. In 2023, the offline segment is expected to dominate the market with an 87.68% market share.    
• On the basis of resistant level, the market is segmented into two less than 24 and more than 24. In 2023, less than 24 segment is expected to dominate the market with a 55.11% market share.
• On the basis of color, the market is segmented into black, light grey, and others. In 2023, the black segment is expected to dominate the market with a 50.64% market share. 
• On the basis of end-user, the market is segmented into commercial and residential. In 2023, the commercial segment is expected to dominate the market with a 69.61% market share.    

Major Players

Data Bridge Market Research recognizes the following companies as the major Asia-Pacific rowing machines players are Johnson Health Tech (Taiwan), iFIT Inc. (U.S.), Peloton Interactive, Inc (U.S.), adidas AG (Germany), SHUA (China), among others.      

Market Development

• In March 2023, TECHNOGYM S.p.A announced the opening of its new Technogym Singapore. It is spread over 570 sqm, which is considered a perfect spot for both consumers and industry operators. Technogym Singapore has a team of personal trainers and interior designers available to offer personalized solutions in both exercise programs and interior design. It will help the company to expand its global presence.
• In October 2022, on World Mental Health Day, Adidas announced a new partnership with Calm, the world's leading mental health platform. These two leading brands are working together with the ambition to improve athletic performance by supporting mental health
• In September 2022, In September, Peloton Interactive, Inc launched Peloton Row which focuses more on indoor rowing and making rowing a more fun, popular, and efficient full-body workout. It helped the company to expand its product portfolio, which added to the revenue of the company.
• In June 2022, Johnson Health Tech announced the acquisition of Cravatex Brands Limited's fitness segment, a previous distributor for JHT, becoming the first fitness equipment manufacturer to establish a wholly-owned subsidiary in India. This helped the corporation recognize India's enormous potential.
• In September 2021, Nautilus, Inc announced the signing of a formal deal to acquire VAY, a global leader in motion technology. The purchase will enable Nautilus to grow its JRNY digital platform by offering core technologies that will power the company's vision and motion-tracking capabilities, which will allow for real-time data analysis during workouts. These features are integrated into Nautilus' JRNY platform to develop and expedite highly tailored one-on-one exercise sessions.

Regional Analysis

The countries covered in the Asia-Pacific rowing machines market are Japan, China, South Korea, India, Vietnam, Australia, New Zealand, Hong Kong, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, and the rest of Asia-Pacific.

As per Data Bridge Market Research analysis

China is the Dominant and Fastest Growing Country in the Asia-Pacific Rowing Machines Market

China is expected to dominate the Asia-Pacific rowing machines market due to rising awareness among consumers to stay fit and healthy. China will continue to dominate the Asia-Pacific rowing machines market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is also due to rising awareness among consumers to stay fit and healthy in the region.

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