Global Medicine Balls Market: Overview
Like several other workout and sporting accessories, medicine balls have successfully found their place on the retail shelf spaces and digital online market. Medicine balls are fitness equipment, which is a good workout option for all age group across the globe. Medicine balls or exercise balls are most often used in physiotherapy to improve the injury or for revalidation purposes as a training device. With the emerging innovative trends in the health and fitness industry, medicine balls are quickly finding their place in the global market.
In the market, medicine balls are available in different sizes and weights for a different type of workouts. While some medicine balls are specially designed to add bounce, others are more firm for easy exercising.
A wide range of applications of medicine balls such as muscle building, weight loss cardio exercises in the health and fitness industry is complementing the global market and manufactures can consider this as a great opportunity to improve sales across the globe.
Global Medicine Balls Market: Dynamics
A key factor driving the medicine balls market is the increasing awareness of people towards fitness and their attraction towards home workout equipment. A rising number of gymnasium and health club members are willing to participate in the new forms of fitness activities and are expected to contribute to the global medicine balls market. Many hospitals are establishing physiotherapy care units, which is, in turn, contributing to the expansion of the worldwide medicine balls market. Growing popularity towards health and fitness among individuals have promoted the sales of medicine balls across the globe, and it will continue till forecast period 2018-2028.
With the growing health awareness, many regional government bodies are establishing gymnasium, sports academy and health club for fitness enthusiasts, which is a critical macroeconomic factor that is driving the medicine balls market. Also, they are raising campaigns to increase awareness towards fitness of the individual.
Global Medicine Balls Market: Segmentation
Global medicine balls market segmentation on the basis of product type:
- Leather medicine balls
- Soft gel medicine balls
- Sand filled medicine balls
- Other Product Types
Global medicine balls market segmentation on the basis of the weight of the ball:
- 0 – 5 lbs
- 6 – 10 lbs
- 11 – 20 lbs
- 21 – 40 lbs
- 41 – 60 lbs
Global medicine balls market segmentation on the basis of end-user application:
- Home use
Global medicine balls market segmentation on the basis of sales channel:
- Online retail or e-commerce
- Sporting goods retail
- Supermarkets or departmental stores
Global medicine balls market segmentation on the basis of region type:
- North America
- Latin America
Global Review of Medicine Balls Market
The global market for medicine balls can be developed by incorporating innovations in materials and design by the manufactures in the market. The key manufacturers of medicine balls in the global market are mostly located in North America and Europe. The medicine balls market has maximum opportunities in the developing countries of Asia Pacific regions, such as India and China. The supply chain of medicine balls in the market through different sales channels and the rising penetration of the digital platform is providing several opportunities to the manufactures, thereby contributing to an overall rise in the revenue.
The U.S and Canada are the largest market for medicine balls and will continue to dominate in the global market over the forecast period. Due to the growing health and fitness industry, medicine balls market will witness growth over the forecast period 2018-2028.
Global Medicine balls Market: Prominent Players
Some of the prominent players in the medicine balls market are Bosu, TRX, Decathlon, SPRI, Champion sports, Rage, Ader Fitness, Superior and some others. In the global market, these players of medicine balls are mainly focusing on developing the quality of the product at a minimal cost. Key manufacturers can grow further by incorporating their product with innovations and replacing the limitations.
According to our research, the overall market for medicine balls is expanding and will continue to grow in the forecast period, 2018-2028.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Fact.MR offers custom research services that help clients to get specific research solutions