04-Jan-2023 | Zion Market Research
The global fitness ball market size was nearly $307.1 million in 2021 and is set to increase to about $607.1 million by 2030 with a CAGR of nearly 8.1% between 2022 and 2030.
A fitness ball is a yoga or gym ball made from a delicate elastic having a diameter of approximately 35 cm to 100 cm and it is filled with air. In addition, fitness balls are regularly used in physical activities, fitness training, and workouts. Fitness balls are also referred to as exercise balls, physio balls, and balance balls. Moreover, the purpose of these fitness balls is to improve balance, muscle tone, and core strength.
Growth of the global fitness ball market over the forecast timespan can be credited to a prominent rise in the number of gymnasiums and fitness units along with peoples’ inclination towards healthy living. Moreover, the rise in fitness centers and the trend of needing to keep fit & healthy have increased the demand for fitness balls among the global population. Emerging trends among the youth and millennial population for maintaining physical fitness are some of the major factors steering the growth of the global market.
However, fitness balls are not adjustable, and this can lead to low body posturing which can restrict the growth of the global market. Nevertheless, growing awareness about the benefits of using fitness balls in various physiological exercises will not only nullify the negative impact of hindrances on the global market but will create new growth opportunities for the global fitness ball market.
The global fitness ball market is divided into size, distribution channel, application, and region.
On the basis of size, the global fitness ball industry is sectored into 45 cm diameter, 75 cm diameter, 55 cm diameter, 85 cm diameter, 65 cm diameter, and 100 cm diameter. Furthermore, the 65 cm diameter segment is expected to dominate the segmental surge over the anticipated period. The growth of this segment from 2022 to 2030 can be credited to the growing popularity of the fitness ball having a 65 cm diameter.
Based on the distribution channel, the global market is segmented into offline and online. Furthermore, the offline segment, which held a major market share in 2021, is slated to lead the segmental surge in the next few years. The growth of the segment over the forecast timeline can be owing to a large number of offers and discounts on various brands of fitness balls offered by a slew of retail stores set up across the globe.
In terms of application, the global fitness ball industry is divided into commercial and household. In addition to this, the commercial segment is expected to dominate the segmental growth over the projected timeline. The expansion of the segment over the anticipated timespan is credited to the large-scale demand for fitness balls in a commercial segment that includes gyms and fitness clubs.
The Asia-Pacific fitness ball industry is projected to record the fastest growth over the forecast timespan subject to the growing presence of key players in the region and the rise in the obesity rate. In addition to this, an increase in disposable income of the middle-income group population across the region and rising awareness about the health benefits offered by fitness equipment among the population of the sub-content will drive regional business trends.
This review is based on a report by Zion Market Research, titled “Fitness Ball Market By Size (45 cm Diameter, 55 cm Diameter, 65 cm Diameter, 75 cm Diameter, 85 cm Diameter, and 100 cm Diameter), By Distribution Channel (Offline and Online), By Application (Commercial and Household), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/fitness-ball-market
Recent Developments:
Key participants profiled in the global fitness ball market include:
The global fitness ball market is segmented as follows:
By Size
By Distribution Channel
By Application
By Region
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