Global Exercise Balls Market Overview:
Exercise ball are great tool for toning the abdominal muscles, as well as other core muscles. Exercise balls also known as stability balls come in different sizes. The ball allows knees to be at a right angle when you sit on the ball with feet flat on the floor. These balls are inexpensive, easy to use and, unlike other forms of exercise and stretching. Exercise balls work as a support for strength and stretching exercises. The use of exercise ball while exercising can provide some amazing benefits such as back and spine health, core stability, better posture and muscle balance. According to a report published by the IHRSA Foundation, then global health club industry revenue totaled USD 87.2 billion in 2017, as more than 201,000 clubs served 174 million members. Some of the players profiled in the study are Fitball, Gaiam, Wacces, Valor Fitness, Sivan Heath and Fitness, Isokinetics and Blcak Mountain.
On the basis of geography, the market of Exercise Balls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Vinyl will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Household will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ball Size, the sub-segment i.e. Under 30 cm will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Awareness about Health and Fitness
- Rising Acceptance of In-Home Equipment
Influencing Trend
- Emerging Trends among Youth Population to Gain Muscular Strength
Opportunities
- Growth health and fitness industry
- Rising use of gym balls in various fitness activities
Challenges
- Presence of Local Players
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Manufacturers in the gym ball market can consider this as a wonderful opportunity to improve their product portfolio and sales across various industrial sectors.
Target Audience:
Manufacturers of Exercise Balls, Suppliers of Exercise Balls, Wholesalers, Distributors and Retailers of Exercise Balls, Raw Material Providers, Potential Investors and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Exercise Balls market on the basis of product [Under 30 cm, 30-39 cm, 40-49 cm, 50-59 cm, 60-69 cm, 70-79 cm and Above 80 cm] , application [Physiotherapy, Yoga, Core Training and Gymnastics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Exercise Balls market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Exercise Balls industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Exercise Balls market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.