What is Balance Board Market?
Balance Board is the short and strong plank or a board mounted on the see-saw like lever or fulcrum to maintain balance. It is mostly used for basis body balancing training, brain development, musical training and recreational purpose. These boards offer benefits such as improve posture, enhance body balancing skills, minimize back pain, improve body co-ordination, offers higher joint strength and increase body alertness among various other advantages.
The market study is being classified by Type (Wobble Balance Board, Rocker Balance Board, Rocker-roller Balance Board, Sphere and Ring Board and Others) and major geographies with country level break-up.
URBNFit (US), Yes4All (US), Sivan (US), Kinderfeets (US), Isokinetics Inc. (US), Exertools (US), Whirly Boar (US), Strongboard Balance (US), REVOLUTION Balance Boards (US) and Theraband (US) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Major players are concentrated in United States Vendors will contribute to the maximum growth of Global Balance Board market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Balance Board market by Type, Application and Region.
On the basis of geography, the market of Balance Board 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing awareness towards physical fitness
Market Trend
- Development of balance board with new shapes and styles
Restraints
- High cost associated with balance board
Opportunities
- Product availability in untapped regions
- Availability through online sales channel
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