Fitness Ball Market Size To Reach $ 606.8 Million By 2030


 San Francisco, 7 Aug 2023: The Report Fitness Ball Market Size, Share & Trends Analysis Report By Size, By Application (Commercial, Household), By Distribution Channel (Online And Offline), By Region, And Segment Forecasts, 2022 - 2030

The global fitness ball market is expected to reach USD 606.8 million by 2030, registering a CAGR of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. Increasing use of fitness balls in several fitness activities, particularly the ones that require stability devices, is boosting the development of the fitness balls market. Professional athletes are using fitness balls more aggressively to advance their physical strength and athletic performance. A continuously widening range of applications of fitness balls in the fitness industry is adding to the growth of the market.

COVID-19 had a positive impact on the growth of the market. During the pandemic, the sales of fitness equipment expanded considerably, especially fitness balls. As per the NDP Group stats, the sales of fitness balls grew 67.0% from January to July 2020. Several manufacturers saw a huge increase in their fitness balls sales category in 2020. As the population is getting more conscious about fitness and healthy life, it has seen a large demand for fitness balls in online distribution channels, during 2020.

The online segment is likely to dominate during the forecast period from 2022 to 2030. Online purchasing allows customers to find a variety of fitness balls that are not accessible in a physical store. There are several options to select from online shops. Shopping for fitness balls online is quite easy. The user can simply browse over numerous brand names. The growth of this industry will have to keep up with customer inclinations as they demand more comfort and ease in buying fitness ball products online.

North America held the largest revenue share in the fitness ball market in 2021. The U.S. was the dominating market with the largest revenue share in 2021. This is due to the presence of key players and the high pace of advancement in technology whereas the rising prevalence of obesity with changing lifestyles and increasing awareness about fitness and chronic diseases due to unhealthy lifestyles will boost the market growth. Thus, North America generated the largest revenue in 2021.

Manufacturers are majorly concentrating on dynamic consumer demands to manufacture highly efficient fitness balls that suit their intended applications. Incorporating innovative designs, materials, and manufacturing technologies to produce high-quality and cost-efficient fitness balls is one of the popular trends in the fitness ball market.

Access Research Report of Fitness Ball Market @ https://www.grandviewresearch.com/industry-analysis/fitness-ball-market-report

Fitness Ball Market Report Highlights

  • Asia Pacific is expected to dominate the market during the forecast period from 2022 to 2030. The rapid development of emerging economies, growing youth population as well as growing disposable income is likely to demand fitness balls in the region
  • 65cm diameter fitness ball segment is likely to dominate during the forecast period. The 65 cm fitness ball is mostly suitable for an individual with a height ranging from 5’11” and 6’7”. The individuals in this height range account for the maximum percentage in the world, thus it is expected that the 65cm diameter fitness ball will expand by the fastest CAGR during the forecast period
  • The commercial segment is likely to dominate throughout the forecast period. The number of health clubs and yoga studios is increasing rapidly all over the world. These health clubs and yoga studios address health concerns specific to an individual, helping them to build a customized fitness regime, which is expected to increase the demand for fitness balls for commercial use online segment is likely to dominate during the forecast period. This is attributed to the shopping advantages such as festive and seasonal offers, lower prices, discounted rates, and big displays with freedom of selection offered by the retail shops. Also, individuals get a chance to select the best possible options and brands for online purchases

Fitness Ball Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 328.1 million

Revenue forecast in 2030

USD 606.8 million

Growth Rate

CAGR of 8.0% from 2022 to 2030

Base year for estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2030

List of Key Players in Fitness Ball Market

  • Black Mountain Products, Inc.
  • DYNAPRO
  • Fit ball Australia
  • Gaiam
  • Live Infinitely
  • ProBody Pilates
  • Reebok International Ltd.
  • Sivan Health and Fitness
  • SPRI Products Inc
  • Valor Fitness

Access Press Release of Fitness Ball Market @ https://www.grandviewresearch.com/press-release/global-fitness-ball-market 

 

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