Indian Home Gym Equipment Market 2020 Growth, COVID Impact,

Indian Home Gym Equipment Market The Indian home gym equipment market is estimated to exhibit a steady CAGR during the forecast period (2020-2026). There are several growth opportunities for the home gym equipment category in India. Some of the major ones include increasing awareness for health and wellness products and […]

Indian Home Gym Equipment Market

The Indian home gym equipment market is estimated to exhibit a steady CAGR during the forecast period (2020-2026). There are several growth opportunities for the home gym equipment category in India. Some of the major ones include increasing awareness for health and wellness products and lifestyle, particularly due to COVID-19, increase in income levels, purchasing power, and consumption of fitness products, investments by international vendors, among more.

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Further, strength training equipment will grow owing to the heightened awareness of fitness and higher penetration rates in major countries such as the US, India, Germany, and the UK. In India, dumbbells and weightlifting equipment are in high demand. Online platforms providing training videos as well as e-commerce platforms specializing in strength training are witnessing high demand during COVID-19 globally. For instance, in June 2020, Amazon and other e-commerce retailers exhausted their stocks of barbells and dumbbells in India. However, lightweight and less costly gym equipment in India, Japan, and other Asian countries are also in high demand presently.

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Moreover, China and India saw an increase in demand, especially in online sales channels. With easing lockdown restrictions and reopening of gyms, the market got impacted adversely. Consumers are still reluctant to return to gyms as cases are on a rise in countries such as India, China, and Australia. Therefore, gyms will not be witnessing pre-COVID-19-level numbers. As a result, the Indian market is expected to see further growth owing to the higher penetration rate of home gyms.

Market Coverage

• The market number available for – 2019-2026

• Base year- 2019

• Forecast period- 2020-2026

• Segment Covered- by Product Type, and Distribution Channel

Key questions addressed by the report

• What is the market growth rate?

• Which segment dominates the market in the base year?

• Which segment will project the fastest growth in the market?

• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19forecast

o Most affected segment

• Who is the leader in the market?

• How players are addressing challenges to sustain growth?

• Where is the investment opportunity?

Indian Home Gym Equipment Market Report Segment

By Product Type

• Cardio Equipment

o Ellipticals

o Treadmills

o Exercise Bikes

o Others

• Strength Training Equipment

o Free Weights

o Barbells & Ladders

o Extension

o Others

By Distribution Channel

• Online

• Offline

Company Profiles

• BFT Fitness Co.,Ltd.

• Cockatoo (Anand Brothers)

• Cybex International, Inc.

• Decathlon S.A.

• Dyaco

• Fitness World

• Kobosports

• Nautilus, Inc.

• Nelco (Indian) Pvt. Ltd.

• TECHNOGYM S.p.A.

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.

• More than 120 countries are for analysis.

• Over 100+ paid data sources mined for investigation.

• Our expert research analysts answer all your questions before and after purchasing your report.

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Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

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