South Korea: Exercise Equipment Market - Analysis, Size, Trends, Consumption, and Forecast

South Korea: Exercise Equipment Market - Analysis, Size, Trends, Consumption, and Forecast


The South Korean Exercise Equipment Market Report Description

This report presents a comprehensive overview of the South Korean exercise equipment market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the exercise equipment market in South Korea and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.

The report covers exercise equipment (devices and machines designed for physical fitness and strength training; including: racks, gym systems, weight benches, dumbbells, kettlebells, weight plates and kits, as well as other weightlifting equipment, ellipticals, exercise bikes, treadmills, and other types of cardio machines, yoga mats, blocks, and bags, boxing gloves, hand wraps, and punching bags; excluding: Yoga leggings, pants, and sweaters as well as other sports apparel, socks, running and training shoes as well as other sports footwear) and is broken down by:

  • Product groups: Weightlifting equipment (racks, gym systems, weight benches, dumbbells, kettlebells, weight plates and kits); Cardio machines (ellipticals, exercise bikes, treadmills, and others); Yoga mats, blocks, and bags; Boxing gloves, hand wraps, and punching bags
  • Price segments: Mass; Mid-priced; Premium
  • Retail distribution channels: Sports and outdoors retailers; Supermarkets and hypermarkets; Specialty stores; Independent retailers; Others

You will receive the report within three working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.

State of the Demographics and Economy of Northeast Asia

This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Northeast Asia.

  • What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Northeast Asia?
  • What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Northeast Asia?

Analysis of the Exercise Equipment Market in South Korea

The market analysis section provides an overview of the market size and dynamics in value terms for the last five years. It answers the following questions:

  • What is the size of the exercise equipment market in South Korea?
  • How has the exercise equipment market in South Korea performed in value terms for the last five years?
  • How is the market structured?
  • What are the major trends affecting the market?
  • Which are the major companies on the market?
  • How intensive is the competitive landscape?
  • What are the drivers and challenges affecting the market development?

Exercise Equipment Prices in South Korea

The price section of the report answers the following questions:

  • How is the value chain of the market formed?
  • What is the structure of price formation?
  • What are the retail prices of exercise equipment in South Korea?

Foreign Trade Operations of Exercise Equipment in South Korea

The foreign trade operations section answers the following questions:

  • What is the trade balance in value terms?
  • Does South Korea import more exercise equipment than it exports?
  • How has the trade balance changed over the last five years?

Imports of Exercise Equipment to South Korea

The import section of the report answers the following questions:

  • How has the value of imports changed over the past five years?
  • Which are the major countries that import exercise equipment to South Korea?
  • What is the average price of the exercise equipment imported to South Korea?

Exports of Exercise Equipment from South Korea

The export section of the report answers the following questions:

  • How has the value of exports changed over the past five years?
  • Which are the main recipient countries of the South Korean exercise equipment exports?
  • What is the average price of the exercise equipment exported from South Korea?

Consumption of Exercise Equipment in South Korea

The consumption section of the report answers the following questions:

  • What is the per capita consumption value? How has it changed over the past five years?

Forecast

The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:

  • How will the exercise equipment market in South Korea look like over the next six years in value terms for each possible scenario?

Short Methodology

This research report has been prepared with WMStrategy's research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.

For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.

Customization

The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!

Report Benefits

  • Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
  • Track and identify key market trends and insights on key drivers behind recent market changes;
  • Strategically assess the competitive position of the main market players;
  • Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
  • Assess growth potential, opportunities, demand drivers, and challenges on the market;
  • Quickly and cost–effectively receive a complete strategic analysis of the market;
  • Improve your pitches and presentations by using verified market data and expert insights;
  • Make important strategic decisions safely and with confidence;
  • Receive professional expertise on the market and everything important connected with its development;
  • Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
  • Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
  • Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
  • Acquire data your competitors might already have and be acting upon.

Report Users

This market research report is ideal for people who want to gain a comprehensive understanding of the South Korean exercise equipment market. Most often these are professionals actively working in the market as:

  • C-suite executives;
  • Directors;
  • Market strategists;
  • Marketing professionals;
  • Business development professionals;
  • Product developers;
  • Product marketers and strategists;
  • Product managers;
  • Project managers;
  • Suppliers;
  • Traders.

This report can also bring value to professionals, not actively involved in the market, such as:

  • Management consultants;
  • Investment managers;
  • Financial professionals;
  • Bank managers;
  • M&A managers;
  • Auditors.


Please note:*The report will be updated with the latest information upon order confirmation which is why it will take 5 day to complete*


TABLE OF CONTENTS

INTRODUCTION

  • Report description
  • Research methodology

EXECUTIVE SUMMARY

CHARACTERISTICS OF EXERCISE EQUIPMENT

STATE OF THE DEMOGRAPHICS AND ECONOMY OF NORTHEAST ASIA

  • Characteristics of the demographics of Northeast Asia in 2019-2023
  • Characteristics of the economy of Northeast Asia in 2019-2023
  • Forecast for the development of the economy of Northeast Asia in 2024-2026

EXERCISE EQUIPMENT MARKET IN SOUTH KOREA

  • Value, and dynamics of the exercise equipment market in South Korea in 2019-2023
  • Key recent trends on the exercise equipment market in South Korea
  • Competitive landscape of the market
  • Key drivers and restraints for the market development in the medium term

PRICES OF EXERCISE EQUIPMENT IN SOUTH KOREA

  • Value chain analysis
  • Structure of price formation
  • Characteristics of the retail prices of exercise equipment in South Korea in 2019-2023

FOREIGN TRADE OPERATIONS OF EXERCISE EQUIPMENT IN SOUTH KOREA

  • Foreign trade operations of exercise equipment in South Korea in 2019-2023

IMPORTS OF EXERCISE EQUIPMENT TO SOUTH KOREA

  • Value and dynamics of the imports of exercise equipment to South Korea in 2019-2023
  • Main countries importing exercise equipment to South Korea
  • Average prices of the exercise equipment imported to South Korea

EXPORTS OF EXERCISE EQUIPMENT FROM SOUTH KOREA

  • Value, and dynamics of the South Korean exports of exercise equipment in 2019-2023
  • Main countries that receive exercise equipment exports from South Korea
  • Average prices of the exercise equipment exported from South Korea

CONSUMPTION OF EXERCISE EQUIPMENT IN SOUTH KOREA

  • Value, and dynamics of the per capita consumption of exercise equipment in South Korea in 2019-2023

FORECAST FOR THE DEVELOPMENT OF THE EXERCISE EQUIPMENT MARKET IN SOUTH KOREA IN 2024-2029

  • Factors influencing the development of the exercise equipment market in South Korea in the medium term
  • Forecast for the market development in the medium term under three possible scenarios

LIST OF TABLES

The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.

Executive Summary

  • Key indicators on the exercise equipment market in South Korea in 2019-2023

State of the Demographics and Economy of Northeast Asia

  • Key indicators of the demographics of Northeast Asia in 2019-2023
  • Key indicators of the economy of Northeast Asia
  • Forecast for the economy of Northeast Asia for 2024-2026

Exercise Equipment Market in South Korea

  • Value and dynamics of the exercise equipment market in South Korea in 2019-2023
  • Structure of the exercise equipment market in South Korea by product groups
  • Structure of the exercise equipment market in South Korea by price segments
  • Structure of the exercise equipment market in South Korea by retail distribution channels

Prices of Exercise Equipment in South Korea

  • Value chain analysis of the exercise equipment market in South Korea
  • Cost breakdown of the price formation of exercise equipment in South Korea, in %
  • Average retail prices of exercise equipment in South Korea in 2019-2023

Foreign Trade Operations of Exercise Equipment in South Korea

  • Trade balance of the exercise equipment foreign trade in South Korea in 2019-2023, in value terms

Imports of Exercise Equipment to South Korea

  • Value and dynamics of the imports of exercise equipment to South Korea in 2019-2023
  • Main countries importing exercise equipment to South Korea, in value terms
  • Average prices of the exercise equipment imported to South Korea in 2019-2023

Exports of Exercise Equipment from South Korea

  • Value and dynamics of the South Korean exports of exercise equipment in 2019-2023
  • Recipient countries of the South Korean exports of exercise equipment, in value terms
  • Average prices of the exercise equipment exported from South Korea in 2019-2023

Consumption of Exercise Equipment in South Korea

  • Value and dynamics of the per capita consumption of exercise equipment in South Korea

Forecast for the Development of the Exercise Equipment Market in South Korea

  • Base forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms
  • Pessimistic forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms
  • Optimistic forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms

LIST OF FIGURES

The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.

Exercise Equipment Market in South Korea

  • Value and dynamics of the exercise equipment market in South Korea in 2019-2023
  • Structure of the exercise equipment market in South Korea by product groups
  • Structure of the exercise equipment market in South Korea by price segments
  • Structure of the exercise equipment market in South Korea by retail distribution channels

Prices of Exercise Equipment in South Korea

  • Value chain analysis of the exercise equipment market in South Korea
  • Structure of the exercise equipment price formation in South Korea, in %
  • Average retail prices of exercise equipment in South Korea in 2019-2023

Foreign Trade Operations of Exercise Equipment in South Korea

  • Trade balance of the exercise equipment foreign trade in South Korea in 2019-2023, in value terms

Imports of Exercise Equipment to South Korea

  • Value and dynamics of the imports of exercise equipment to South Korea in 2019-2023
  • Main countries importing exercise equipment to South Korea, in value terms
  • Average prices of the exercise equipment imported to South Korea in 2019-2023

Exports of Exercise Equipment from South Korea

  • Value and dynamics of the South Korean exports of exercise equipment in 2019-2023
  • Recipient countries of the South Korean exports of exercise equipment, in value terms
  • Average prices of the exercise equipment exported from South Korea in 2019-2023

Consumption of Exercise Equipment in South Korea

  • Value and dynamics of the per capita consumption of exercise equipment in South Korea

Forecast for the Development of the Exercise Equipment Market in South Korea

  • Base forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms
  • Pessimistic forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms
  • Optimistic forecast for the development of the exercise equipment market in South Korea in 2024-2029, in value terms

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