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Aqua Gym Equipment Market Introduction
“Physical fitness is not only the most important key to healthy life but also it is the basis of dynamic and creative intellectual activity”.
Physical fitness awareness about self-health and vigour. Success and Fitness are direct correlative, recent studies have identified a relation between success and fitness, rather there is a strong link between health and high performance, improved ability to solve problem, stamina and energy are all factors leading to better job performance.
Gym or Gymnasium is room equipped with instrument that help maintain health such as dumbbell, bench, treadmill etc. There are various categories of fitness such as walking, jogging, hiking, bicycling, Swimming, yoga, aerobics, dance etc.
Swimming is an aqua sport which is done individually or as team racing sport that requires use of individual’s entire body to move through water. Swimming has become the most popular aqua sport, this is typical sport which gives you sense of exercise but no sweat involved. Due to this unique quality this sport is getting popular. This particular exercise gives a good cardiovascular workout.
Aqua aerobics is an exercise carried out in shallow water pool using water as resistant for resistance paddles and noodles.
Market Forecast & overview
The Aqua Gym Equipment Market is forecasted to expand at USD 692.3 Million by 2030 and at a CAGR of 4.0% Over the Forecast Period of 2020-2030 which was earlier projected at USD 468.7 Million in 2020.
Rapidly growing awareness among people about their healthy lifestyle has positively impacted the market. Consumers are spending their quality time in improvement of their health.
Aqua aerobics is great combination of traditional workout with the benefits of water. The benefits of aqua aerobic is that as water supports the body, the exercise puts very less pressure on joints and muscle, workout in water helps build strength. Aqua Gym Equipment consists of water dumbbell, barbells, exercise balls, buoyance belts, aquatic treadmills, noodle, aqua bikes and so on.
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The obesity epidemic has become a global epidemic and people are getting more mindful about staying healthy and fit. It is also noticed that consumers are spending their worth in buying gym equipment for their personal disposal and as a result fuelling the aqua gym equipment market.
The aqua gym concept is more popular in Europe and hence the European market is said to dominate the global aqua gym equipment market in terms of revenue. The product type aqua rower is one of the famous type of aqua gym equipment and gaining popularity which in turn is poised to embrace a value of US$ 225 million in 2022. The speciality store segment is assumed to display a CAGR of 4.3% during the forecasted period of 2020-2030.
The aqua gym equipment market is fuelled on account of growing urbanisation and fast paced life.
Market Drivers and Restraints
Due to the peculiarity of this sport aqua gym is gaining popularity in the fitness world. The water workout has a therapeutic effect on body. Additionally, a variety of health centres and spa and sauna entities have begun offering water pools and wellness to their visitors in order to attract in an athletic group and to cater wellness with fun. Moreover, many athletes have shifted to water workouts or water cardio as it builds up stamina without putting much pressure on joints.
Lesser risk of injuries in water workouts is attracting more crowd as this exercise has many benefits such as it builds up general body flexibility, strengthens the body muscle, one of the prominent benefit is stress relief. Monotonic and tedious water workouts is driving people to aqua workouts. Traditional workouts can be boring and tedious while aqua workout brings thrill and excitement. Moreover, according to rheumatologists water workout therapy works positively to arthritis patients. All these factors are driving the need to manufacture more equipments which is propelling the market. However, certain factors such as high cost of equipment, stricter restrictions on swimming activities post covid etc. are hampering the market.
The Key Market Segmentation
The Aqua Equipment Market is segmented into product type, distribution channel and region.
Segmentation by product type
Based on product type the market is segmented into
Segmentation by distribution channel
Based on distribution channel the market is segmented into
Market Key Players
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