Global Aqua Gym Equipment Market, By Product Type (Cardiovascular, Strength Training, Others), Type (Water Weights, Water Dumbbells, Water Barbells, Ankle & Wrist Weights, Others), Machines and Equipment (Aqua Stepper, Aqua Cycle, Aqua Treadmill, Aqua Elliptical, Aquatic Walker, Others), Consumer Group (Men, Women), Pricing (Low (Below US$ 150), Medium (US$ 150 to US$ 1000) High (Above US$ 1000), End-Use (Individual, Commercial), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2030.
Aqua Gym Equipment Market Analysis and Size
Rapidly increasing consumer awareness about healthy lifestyles has positively affected the aqua gym equipment market over the past few years. Now, consumers are growing their spending on well-being and health. It has been witnessed that commercial sales and gym equipment for personal use are increasing rapidly. Currently, aqua gyms are more popular among urban people. Aqua gym exercises can help to burn about 400 to 500 calories per hour and are measured as one of the faster ways to get in shape.
Data Bridge Market Research analyses that the aqua gym equipment market is expected to reach USD 846.35 million by 2030, which was USD 590.60 million in 2022, registering a CAGR of 4.60% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Aqua Gym Equipment Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Cardiovascular, Strength Training, Others), Type (Water Weights, Water Dumbbells, Water Barbells, Ankle & Wrist Weights, Others), Machines and Equipment (Aqua Stepper, Aqua Cycle, Aqua Treadmill, Aqua Elliptical, Aquatic Walker, Others), Consumer Group (Men, Women), Pricing (Low (Below US$ 150), Medium (US$ 150 to US$ 1000) High (Above US$ 1000), End-Use (Individual, Commercial), Distribution Channel (Online, Offline)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Acquapole S.a.s. (Italy), N-Fox Sport (U.S.), Beco Beermann GmbH & Co. KG (Germany). HydroWorx (U.S.), AquaPower (India), Syndicate Gym Equipment (India), Cosco (India) Limited.
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Market Opportunities
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Market Definition
The aqua gym equipment comprises gears and gym apparatus for exercise in fairly shallow water, for instance, in a swimming pool. The aqua gym equipment involves water dumbbells, exercise balls, barbells, buoyancy belts, aquatic wrist/ankle weights, water fan paddles, an aquatic bike, and a treadmill.
Global Aqua Gym Equipment Market Dynamics
Drivers
- Increasing sales of aqua gym equipment
Nowadays, there has been a substantial growth in consumers' spending on personal well-being. As a result, the sale of gym equipment such as aqua gym equipment, for personal and commercial use is growing. Aqua gyms are getting more traction among the urban population than rural ones, increasing the sale of aqua gym equipment. These exercises are proficient in burning over 400 calories in an hour. As a result of all these factors, increasing the aqua gym equipment sales will likely drive the market growth during the forecast period.
- Growing demand for cardiovascular aqua gym equipment
The cardiovascular aqua gym equipment accounted for the largest share in the global market, which is expected to propel the market's growth. This cardiovascular aqua gym equipment reduces calories and fats, which helps in weight reduction. Also, this equipment aid in decreasing heart pressure by pumping blood to the veins. Cardio expert declares that using cardiovascular aqua gym equipment increases an individual's lung capacity. Therefore, people suffering from cardio diseases highly opt for aqua gym equipment, generally on doctors' recommendations.
Opportunities
- A growing number of obese populace across the globe
The growing obesity across the globe is expected to positively influence the growth of the aqua gym equipment market and create ample opportunities for market growth during the forecast period. According to the current survey, In the United States alone, approximately 70% of adults are obese. Therefore, the increasing number of obese populace and rising awareness regarding the ill effects of obesity is set to boost market growth. Aqua gym equipment is effective equipment for losing weight.
- Increasing corporate and government organizations' initiatives to encourage people to invest in fitness equipment
Government organizations and corporate companies are launching numerous initiatives to encourage people to invest more in fitness equipment, such as aqua gyms. Therefore, people join physical activity centers such as aqua gyms, regular gyms, and regular and aqua aerobic classes to increase strength. Companies such as Rodale Inc.; Genetech, Inc.; SAS; Unilever; Nike Inc.; Google; Microsoft; Zappos; and Twitter encourage employees to lead a healthy lifestyle. Therefore, increasing corporate and government organizations' initiatives to encourage people to invest in fitness equipment will likely create lucrative market growth opportunities during the forecast period.
Restraints/ Challenges
- High cost associated with aqua gym equipment
The high cost of aqua gym equipment is expected to hamper the growth of the aqua gym equipment market. There was a shortage of aqua gym equipment when several people trained at home because the gyms were all closed. When the availability of aqua gym equipment is rare, their prices go up to meet the supply. This increases the prices of aqua gym equipment and may act as a major restraining factor for market growth.
This aqua gym equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aqua gym equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2021, Speedo International partnered with Finnish Swimming Association and swim teams coupled with sports retailer Intersport Sello. This partnership is intended to strengthen market position by increasing regional operations.
Global Aqua Gym Equipment Market Scope
The aqua gym equipment market is segmented on the basis of product type, type, machines and equipment, consumer group, pricing, end-use and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Cardiovascular
- Strength Training
- Others
Type
- Water Weights
- Water Dumbbells
- Water Barbells
- Ankle & Wrist Weights
- Others
Machines and Equipment
- Aqua Stepper
- Aqua Cycle
- Aqua Treadmill
- Aqua Elliptical
- Aquatic Walker
- Others
Consumer Group
- Men
- Women
Pricing
- Low (Below US$ 150)
- Medium (US$ 150 to US$ 1000)
- High (Above US$ 1000)
End-Use
- Individual
- Commercial
Distribution Channel
- Online
- Offline
Aqua Gym Equipment Market Regional Analysis/Insights
The aqua gym equipment market is analyzed and market size insights and trends are provided by country, product type, type, machines and equipment, consumer group, pricing, end-use and distribution channel as referenced above.
The countries covered in the aqua gym equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aqua gym equipment market because of this region's growing demand for a medicine-free lifestyle. Furthermore, growing health consciousness among the population and increasing disposable income in this region will further boost market growth.
Asia-Pacific is expected to be the fastest developing region during 2023-2030 because of growing consumer awareness regarding healthy lifestyles, especially in developing countries such as India and China. Moreover, the growth in the aging population, increasing innovation in products, and rising health issues are other major factors that will further boost the market demand in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aqua Gym Equipment Market Share Analysis
The aqua gym equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aqua gym equipment market.
Some of the major players operating in the aqua gym equipment market are:
- Acquapole S.a.s. (Italy)
- N-Fox Sport (U.S.)
- Beco Beermann GmbH & Co. KG (Germany)
- HydroWorx (U.S.)
- AquaPower (India)
- Syndicate Gym Equipment (India)
- Cosco (India) Limited.
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