Published Date: 2019-09-18 | Pages: Ongoing | Tables: Ongoing | Report ID: 8093 | Industry: Consumer Goods |
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The global aqua fitness equipment market is prognosticated to expand at a healthy CAGR in the forecast period. Aqua fitness equipment encompasses the equipment used during workout or while performing exercises under the water. Aqua workout has been gaining traction across the globe due to its enjoyable and less strenuous form of exercise.
Companies are expected to come up with various novel aqua fitness equipment in order to grab a major share in the aqua fitness equipment market and expand its business across the globe. Super Soft® 15 1/2″ Aquatic Dumbbells is one of them. This equipment improves strength of the upper body and can be used in various levels of aquatic exercises. The product’s vinyl coating is bacteria resistant and it will not absorb water, thereby making it easy to clean.
Increasing Hectic Lifestyle to Play a Major Role in Aqua Fitness Equipment Market Growth
Due to stressful routine, less or no time is devoted to exercises. This gives rise to obesity and various health related issues. Increasing instances of obesity are raising concerns among the population, which is, in turn, encouraging them to opt for less stressful and entertaining way to workout. This is where aqua workout comes to the rescue, where most of the exercises are performed in a swimming pool. This scenario has surged the demand for aqua fitness equipment, thereby driving the global aqua fitness equipment market. In addition, rapid urbanization is positively influencing the aqua fitness equipment market growth.
Product Innovation to Act as a Key Strategy among Market Players
Key players operating in the global aqua fitness equipment market include PlayCore, Inc., HydroWorx International, Inc., Excel Sports Science, Inc., Acquapole sas, Aqua Gear Inc., BECO-Beermann GmbH & Co. KG, N-Fox company, La Spirotechnique, Hydro Fit Inc., Texas Rec, Rothhammer International Inc., Spenco Medical Corporation, HYDRO-FIT, Pentland Group plc., and Speedo International Ltd.
Technological innovation and product introduction are some of the key strategies taken up by key manufacturers in order to grab a major share in the aqua fitness equipment market and expand their reach. For instance, recently, a key aqua fitness equipment company, Hydro Fit Inc. launched Hydro-Fit Pool Saddle, which has a unique saddle-shaped design that allows the exerciser to actually sit in it and comfortably perform aqua workout. It is manufactured with chlorine-resistant materials of high quality.
Key Points to Remember
● Growing health consciousness and inclination towards aqua fitness among consumers to act as key drivers
● Aqua rower products to gain traction among the exercisers due to their associated benefits
● Demand for aqua fitness equipment to increase among individuals in the forthcoming years
● Sports stores to grab a major market share in the near future
● North America to dominate the global aqua fitness equipment market in the coming years
By Product Type
● Aqua Rower
● Aqua Strider
● Aqua Twister
● AquaAbs
● AquaPulldown
● AquaClimber
● AquaStepper
● AquaCycle
● AquaLift
By End Use
● Institutions
● Individual
By Sales Channel
● Sports Stores
● Online
● Company’s Website
● 3rd Party Online Store
As per the analysts, aqua rower products grab a significant share in the aqua fitness equipment market owing to their ability to offer a full body workout. Demand for aqua fitness equipment is expected to increase among individuals because of growing personal usage.
Analysts also predict that sports stores may account for a major market share in the forthcoming years. The reason being availability of a wide range of equipment. It has been estimated the online sales channel may gain popularity owing to ease of shopping and discounts offered on products by the online websites including Alibaba and Amazon.
By Region
North America is expected to grab a handsome market share in the coming years owing to rising awareness regarding fitness among population in the US. Europe may account for a major share in the near future due to growing aqua fitness trend among the consumers. On the other hand, Asia Pacific is foreseen to exhibit significant growth in the coming years because of rise in the per capita income of the consumers in the development economies such as India and China.
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