South Korea Fitness Equipment Market Size- By Product, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
South Korea Fitness Equipment Market Introduction and Overview
According to SPER Market Research, ‘South Korea Fitness Equipment Market Size- By Product, By Application, By End User, – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Fitness Equipment Market is estimated to reach USD 173.42 million by 2033 with a CAGR of 9.21%.
Any gear or tool used during exercise to increase the intensity of your workout is referred to as fitness equipment. It can provide cardiovascular conditioning (like treadmills or stationary bikes), resistance (like weights or weight machines) to develop strength and muscle, or balance and flexibility (like yoga mats or stability balls). Gyms provide fitness equipment, but you can also find a lot of it at home, which makes it simpler to fit exercise into your everyday schedule.
There has been some beneficial influence on the fitness equipment market due to the COVID-19 pandemic. Lockdowns and social separation are two new rules and regulations brought up by the pandemic to stop the virus from spreading. Due to this, people were forced to stay at home, which led to the emergence of new trends like work from home As at-home workouts are becoming more and more popular, there has been an increase in demand for fitness equipment throughout the pandemic.
Scope of the report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Application, By End User
Regions covered Northern Region, Southern Region, Western Region, Eastern Region, Central Region
Companies Covered Coulter Ventures LLC (Rogue Fitness), Icon Health & Fitness, Inc. (iFIT Health & Fitness Inc.), Johnson Health Tech Co. Ltd., Life Fitness, Matrix Fitness, Nautilus Inc., Peloton Interactive, Inc., Precor Incorporated, Technogym SpA, True Fitness Technology Inc.
South Korea Fitness Equipment Market Segmentation:
By Product: Based on the Product, South Korea Fitness Equipment Market is segmented as; Strength Training Equipment, Cardiovascular Training Equipment, Body Composition Analysers, Fitness Monitoring Equipment.
By End User: Based on the End User, South Korea Fitness Equipment Market is segmented as; Health Clubs/Gyms, Home Consumer, Hotels, Corporates, Hospital and Medical Centers, Others.
By Region: This research also includes data for Northern Region, Southern Region, Western Region, Eastern Region, Central Region.