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Report Asia-Pacific - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Asia-Pacific

The Asia-Pacific gym and fitness equipment market soared to $X in 2022, with an increase of 35% against the previous year. Over the period under review, consumption posted a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Gym and Fitness Equipment in Asia-Pacific

In value terms, gym and fitness equipment production expanded rapidly to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Gym and Fitness Equipment

Exports in Asia-Pacific

After five years of growth, overseas shipments of gym and fitness equipment decreased by -47.7% to X tons in 2022. Over the period under review, exports, however, posted moderate growth. The growth pace was the most rapid in 2020 with an increase of 73%. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced rapidly in the following year.

In value terms, gym and fitness equipment exports dropped notably to $X in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 72%. The level of export peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

China prevails in exports structure, reaching X tons, which was near 89% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), constituting an 8.6% share of total exports.

Exports from China increased at an average annual rate of +2.9% from 2012 to 2022. At the same time, Taiwan (Chinese) (+6.8%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +6.8% from 2012-2022. While the share of Taiwan (Chinese) (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (-3.2 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest gym and fitness equipment supplier in Asia-Pacific, comprising 81% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 15% share of total exports.

In China, gym and fitness equipment exports increased at an average annual rate of +6.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%).

Imports of Gym and Fitness Equipment

Imports in Asia-Pacific

After six years of growth, supplies from abroad of gym and fitness equipment decreased by -20.8% to X tons in 2022. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by 39%. Over the period under review, imports hit record highs at X tons in 2021, and then declined markedly in the following year.

In value terms, gym and fitness equipment imports dropped dramatically to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 26%. The level of import peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

South Korea (X tons), Japan (X tons), Australia (X tons), India (X tons), Taiwan (Chinese) (X tons), Malaysia (X tons), Indonesia (X tons) and Vietnam (X tons) represented roughly 86% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of +25.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, together comprising 49% of total imports. India, Taiwan (Chinese), Vietnam, Malaysia and Indonesia lagged somewhat behind, together accounting for a further 31%.

In terms of the main importing countries, Vietnam, with a CAGR of +23.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, surging by 4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2017 an increase of 7.6% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest gym and fitness equipment consuming country in Asia-Pacific, comprising approx. 54% of total volume. Moreover, gym and fitness equipment consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, fivefold. The third position in this ranking was occupied by Australia, with a 6.4% share.
China remains the largest gym and fitness equipment producing country in Asia-Pacific, accounting for 89% of total volume. Moreover, gym and fitness equipment production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold.
In value terms, China remains the largest gym and fitness equipment supplier in Asia-Pacific, comprising 87% of total exports. The second position in the ranking was occupied by Taiwan Chinese), with a 10% share of total exports.
In value terms, Australia, Japan and South Korea appeared to be the countries with the highest levels of imports in 2021, together comprising 50% of total imports. These countries were followed by India, Malaysia, Taiwan Chinese), Thailand and Indonesia, which together accounted for a further 27%.
In 2021, the export price in Asia-Pacific amounted to $3,327 per ton, waning by -13.3% against the previous year.
The import price in Asia-Pacific stood at $4,402 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the market for gym and fitness equipment in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32301400 - Gymnasium or athletics articles and equipment

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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