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市场调查报告书
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1494579

印度健身器材市场评估:依产品、最终用户、定价、分销管道和地区划分的机会和预测(2018-2032)

India Gym Equipment Market Assessment, By Product, By End-user, By Pricing, By Distribution Channel, By Region, Opportunities and Forecast, FY2018-FY2032F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 145 Pages | 商品交期: 3-5个工作天内

价格

印度健身器材市场规模预计将从 2024 年的 6.3 亿美元成长到 2032 年的 11.897 亿美元,预测期内复合年增长率为 8.3%。

人口健康意识的提高、国内健身和保健中心数量的增加、消费者对家庭锻炼的兴趣增加、越来越多的年轻人优先考虑健身、生活方式的改变以及快速的城市化推动了市场的增长。被认为是由于多种因素造成的,包括由于大流行,家庭健身房的流行主要推动了印度家庭健身器材市场的发展。越来越多的人选择在家健身来继续他们的健身习惯。因此,跑步机、健身车、哑铃、瑜珈垫等居家健身器材的需求量不断增加。这些产品为消费者提供灵活性和便利性,使他们能够在家中实现健身目标。

国内和国际品牌在印度的健身器材中占据主导地位,根据消费者的需求和预算提供产品选择。企业们正在引入先进技术,透过向消费者提供智慧健身设备来获得更大的市场占有率,从而颠覆健身产业。智慧健身器材与穿戴式装置和健身应用程式搭配使用,为使用者提供即时表现监控。提供线上健身计划的虚拟教练的激增也推动了健身器材市场的成长。名人品牌代言在健身器材市场中也发挥着重要作用,因为它们提高了品牌知名度、可信度和消费者参与度。

不断上升的数位健身趋势推动市场成长:

虚拟健身的日益普及是支持市场成长的主要因素之一。健身应用程式、虚拟训练课程和智慧型穿戴装置的激增正在改变人们管理健康的方式。数位健身平台提供个人化的运动计画、即时回馈以及在家运动的好处,并获得了巨大的欢迎,尤其是在大流行之后。这些数位健身平台与智慧健身器材结合,可以为使用者提供数据驱动的见解,帮助他们有效地实现健身目标。

本报告调查了印度健身器材市场,并提供了市场定义和概述、市场规模趋势和预测、各个细分市场和地区的详细分析、行业结构、影响市场成长的因素分析以及案例研究、竞争格局、概况。

目录

第1章 研究方法论

第2章 专案范围与定义

第3章 执行摘要

第4章 客户回馈

  • 人口统计
  • 市场意识和产品讯息
  • 品牌知名度和忠诚度
  • 做出购买决定时会考虑的因素
  • 购买管道
  • 购买目的
  • 购买频率
  • 现有或计划用户
  • 朋友和家人的推荐/线上评论
  • 品牌大使和影响者行销在促进产品/品牌渗透方面的作用

第五章 印度健身器材市场展望

  • 市场规模/预测
  • 依产品
    • 心血管训练设备
    • 肌力训练器材
    • 长条
    • 长椅
    • 配重板
    • 其他
  • 依最终用户
    • 家用
    • 商业的
  • 依价格
    • 低价
    • 高价
  • 依分销渠道
    • 线上
    • 线下
  • 依地区
    • 西部/中部地区
    • 北方
    • 南部
  • 依公司划分的市场占有率

第 6 章 市场测绘,2024 年

  • 依产品
  • 依最终用户
  • 依价格
  • 依分销渠道
  • 依地区

第7章 宏观环境与产业结构

  • 供需分析
  • 进出口分析
  • 价值链分析
  • PESTEL 分析
  • 波特五力分析

第八章市场动态

  • 成长动力
  • 生长抑制因素(问题/限制)

第九节 主要公司状况

  • 前 5 名市场领导者的竞争矩阵
  • 前 5 名市场领导者的市场收入分析
  • 併购/合资(如适用)
  • SWOT分析(5家参与企业)
  • 专利分析(如果适用)

第10章 价格分析

第11章 案例研究

第12章 主要公司展望

  • Durafit Fitness (India) Pvt. Limited
  • Fitline Retails Pvt. Ltd.
  • Fitness World
  • HERCULES FITNESS
  • Into Wellness Private Limited
  • Jerai Fitness Private Limited
  • Nortus Fitness
  • Powermax Fitness (I) Pvt. Ltd.
  • KREATIVE ENTERPRISES
  • Technogym S.p.A.

第13章 战略建议

第14章关于我们公司/免责声明

Product Code: MX11454

India gym equipment market was valued at USD 630 million in FY2024, expected to reach USD 1189.7 million in FY2032, with a CAGR of 8.3% for the forecast period between FY2025 and FY2032. The market's growth can be attributed to several factors, such as increasing health awareness among people, increasing number of fitness and wellness centers in the country, increasing consumer interest in home workouts, a growing number of young people who prioritize fitness, changing lifestyle, and rapid urbanization. The popularity of home gyms mainly drives the home gym equipment market in India due to the pandemic. More people opt for home fitness to keep up with their fitness routines. This has increased the demand for home gym equipment such as treadmills, exercise bikes, dumbbells, and yoga mats. These products offer flexibility and convenience to the consumers and allow them to reach their fitness goals from home.

Domestic and international brands dominate India gym equipment, offering product options to consumers according to their needs and budget. Market players are introducing technological advancements to gain a bigger market share by providing smart gym equipment to consumers, transforming the fitness industry. Smart gym equipment is linked to wearables and fitness apps, providing real-time performance monitoring to the users. A surge in virtual trainers offering online fitness programs also helps grow the gym equipment market. Brand endorsements by celebrities play an important role in the gym equipment market by leveraging star power to boost brand visibility, trust, and consumer engagement, which drives sales and market growth. For instance, Jerai Fitness Private Limited partnered with Salman Khan, India's most popular fitness icon, to launch the BEING STRONG brand, under which it planned to produce an exclusive range of products.

Despite the constraints, such as limited space and high prices, the market will continue to grow by offering more space-efficient solutions that can easily be incorporated into gyms and homes.

Rising Digital Fitness Trend Drives the Market Growth

The growing popularity of virtual fitness is one of the major reasons behind the growth of the gym equipment and home gym equipment market in India. The rising acceptance of fitness apps, virtual training sessions, and smart wearables has changed how people track their health. Digital fitness platforms provide personalized workout plans, real-time feedback, and the benefits of at-home workouts, which gained immense popularity, especially after the pandemic. When combined with smart gym equipment, these digital fitness platforms provide users with data-driven insights to help them reach their fitness goals effectively.

Millennials and Gen Z are particularly drawn to this trend because they are tech-savvy and like the flexibility and accessibility that virtual fitness service providers offer. With the rise of fast-paced networks and cheap smartphones, digital health has become more accessible to a wider audience. Manufacturers are responding by creating modern merchandise such as integrated displays on treadmills, connected stationary bikes and intelligent dumbbells that synchronize with health apps. For instance, Lifelong Online Retail Private Limited has Lifelong LLF45 Fit Pro Spin Fitness Bike in its portfolio, which includes a pedometer and a simulation app. The software allows the users to track their weekly activity, overall ranking, and competition with users worldwide. It also features a variety of landscapes, including lakes, mountains, seaside, and virtual reality (VR), making exercising more enjoyable and social.

Surge in Health Consciousness Among People Fuels the Market

One of the main reasons for the growth of the gym equipment market in India is the rising health awareness among the people. The increased awareness of the advantages of regular exercise and a healthy lifestyle has changed consumer behavior. The prevalence of lifestyle diseases such as obesity, diabetes, high blood pressure, etc., has made people aware of the need for fitness and wellness. This has encouraged many people to make physical activity part of their daily routine. The increased health awareness is a result of various factors, including government initiatives such as the Fit India movement, as well as the influence of fitness celebrities on social media, have led to an increase in the number of people visiting gyms and health centres. People are investing in home & fitness equipment to keep up their fitness regime.

After launching its fitness equipment store in Delhi in June 2022, PowerMax declared its intention to grow in March 2024, with ten additional official stores to be opened in various states. Every store will feature the newest exercise gear and staff prepared to help its esteemed patrons.

Cardiovascular Training Equipment Dominate the Market

The cardiovascular training equipment segment occupies a dominant position in the market, with numerous factors contributing to its popularity and demand. Cardio exercise is important for heart health, burning calories, and achieving optimum fitness levels, making it an essential everyday workout routine.

Treadmills, stationary bikes, elliptical trainers, and rowing machines are among India's most sought-after cardiovascular training devices. Treadmills are especially popular for their versatility, allowing users to walk, jog, or run regardless of weather or seasonal conditions. For instance, in September 2022, Reach (a brand of GlobalBees Brands Private Limited), a well-known exercise and sporting goods manufacturer, introduced the T-400 motorized treadmill, a "Made in India" sleek, premium aluminum-based training equipment. With a maximum speed of 12 km/h, the motorized T-400 model features a powerful 4 HP Peak DC motor. It comes with wheels for convenient mobility and shifting and three manually adjustable inclination levels.

Additionally, stationary bicycles, representing a cardio workout with low-impact muscle training, are suitable for individuals with joint problems or recovering from injuries. Indian user's increasing emphasis on weight management and cardiovascular health by Indian users has further dominated the cardiovascular training equipment segment. Additionally, technological advancements have made cardio training devices more appealing, and features such as built-in workout programs, interactive displays, and compatibility with fitness apps appeal to users looking for fun and effective workouts.

Future Market Scenario (FY2025-FY2032F)

The home gym trend is likely to continue, as more consumers invest in compact and versatile fitness equipment for convenient home workouts.

Digital fitness solutions, including smart gym devices integrated with fitness apps and virtual training sessions, will become increasingly popular in delivering personalized and interactive experiences at the gym.

With increasing efforts to penetrate rural markets, manufacturers will offer products catering to rural needs and preferences, thus expanding the market.

Key Players Landscape and Outlook

The India gym equipment market is competitive with the presence of many key players. Dominating the market with established national brands such as Fitness World, and Fitline Retails Pvt. Ltd., as well as international giants such as TechnoGym S.p.A., these companies offer a wide range of fitness equipment to both commercial and home fitness segments, with quality, innovation, and a focus on customer satisfaction.

The outlook of key players in the Indian gym equipment market seems promising, with factors such as rising health consciousness, urbanization, home fitness trends, etc. Additionally, strategic partnerships with fitness influencers and e-commerce platforms will help expand the market and drive sales. As the market continues to evolve, key players will need to adapt to changing consumer preferences and emerging trends to maintain their position and secure growth opportunities in the dynamic market landscape.

Table of Contents

1. Research Methodology

2. Project Scope and Definitions

3. Executive Summary

4. Voice of Customer

  • 4.1. Demographics (Age/Cohort Analysis - Baby Boomers and Gen X, Millennials, Gen Z; Gender; Income - Low, Mid, and High; Geography; Nationality; etc.)
  • 4.2. Market Awareness and Product Information
  • 4.3. Brand Awareness and Loyalty
  • 4.4. Factors Considered in Purchase Decision
    • 4.4.1. Brand Reputation
    • 4.4.2. Price
    • 4.4.3. Quality w.r.t. Durability
    • 4.4.4. Product Specifications
    • 4.4.5. Size of the Product
    • 4.4.6. User-Friendliness
    • 4.4.7. Warranty
    • 4.4.8. After-Sales Service
    • 4.4.9. Technological Integration
  • 4.5. Purchase Channel
  • 4.6. Purpose of Purchase
  • 4.7. Frequency of Purchase
  • 4.8. Existing or Intended User
  • 4.9. Recommendations From Friends, Family/Online Reviews
  • 4.10. Role of Brand Ambassador or Influencer Marketing on Product/Brand Absorption

5. India Gym Equipment Market Outlook, FY2018 -FY2032F

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. By Product
    • 5.2.1. Cardiovascular Training Equipment
      • 5.2.1.1. Treadmills
      • 5.2.1.2. Stationary Cycles
      • 5.2.1.3. Elliptical Trainers
      • 5.2.1.4. Others
    • 5.2.2. Strength Training Equipment
      • 5.2.2.1. Weight Rack
      • 5.2.2.2. Rowing Machine
      • 5.2.2.3. Cable Machine
      • 5.2.2.4. LAT Machine
      • 5.2.2.5. Lat Pull Down/Low Row
      • 5.2.2.6. Barbells
      • 5.2.2.7. Kettlebells
      • 5.2.2.8. Dumbbells
      • 5.2.2.9. Leg Press Machine
      • 5.2.2.10. Sholder Press Machine
      • 5.2.2.11. Smith Machine
      • 5.2.2.12. Leg Curl/Leg Extension Machine
      • 5.2.2.13. Others
    • 5.2.3. Bar
      • 5.2.3.1. Straight Bar
      • 5.2.3.2. Curl Bar
      • 5.2.3.3. Pull Up Bar
      • 5.2.3.4. Dip Bar
    • 5.2.4. Bench
      • 5.2.4.1. Flat Bench
      • 5.2.4.2. Adjustable Bench
      • 5.2.4.3. Others
    • 5.2.5. Weight Plates
    • 5.2.6. Others
  • 5.3. By End-user
    • 5.3.1. Residential
    • 5.3.2. Commercial
      • 5.3.2.1. Health Club and Gym
      • 5.3.2.2. Corporate
      • 5.3.2.3. Hotels and Resorts
      • 5.3.2.4. Others
  • 5.4. By Pricing
    • 5.4.1. Mass
    • 5.4.2. Premium
  • 5.5. By Distribution Channel
    • 5.5.1. Online
      • 5.5.1.1. Company Owned Website
      • 5.5.1.2. E-Commerce Website
    • 5.5.2. Offline
      • 5.5.2.1. Specialty Stores
      • 5.5.2.2. Hypermarkets
      • 5.5.2.3. Others
  • 5.6. By Region
    • 5.6.1. East
    • 5.6.2. West and Central
    • 5.6.3. North
    • 5.6.4. South
  • 5.7. By Company Market Share (%), FY2024

6. Market Mapping, FY2024

  • 6.1. By Product
  • 6.2. By End-user
  • 6.3. By Pricing
  • 6.4. By Distribution Channel
  • 6.5. By Region

7. Macro Environment and Industry Structure

  • 7.1. Supply Demand Analysis
  • 7.2. Import Export Analysis
  • 7.3. Value Chain Analysis
  • 7.4. PESTEL Analysis
    • 7.4.1. Political Factors
    • 7.4.2. Economic System
    • 7.4.3. Social Implications
    • 7.4.4. Technological Advancements
    • 7.4.5. Environmental Impacts
    • 7.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 7.5. Porter's Five Forces Analysis
    • 7.5.1. Supplier Power
    • 7.5.2. Buyer Power
    • 7.5.3. Substitution Threat
    • 7.5.4. Threat From New Entrant
    • 7.5.5. Competitive Rivalry

8. Market Dynamics

  • 8.1. Growth Drivers
  • 8.2. Growth Inhibitors (Challenges and Restraints)

9. Key Players Landscape

  • 9.1. Competition Matrix of Top Five Market Leaders
  • 9.2. Market Revenue Analysis of Top Five Market Leaders (By Value, FY2024)
  • 9.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 9.4. SWOT Analysis (For Five Market Players)
  • 9.5. Patent Analysis (If Applicable)

10. Pricing Analysis

11. Case Studies

12. Key Players Outlook

  • 12.1. Durafit Fitness (India) Pvt. Limited
    • 12.1.1. Company Details
    • 12.1.2. Key Management Personnel
    • 12.1.3. Products and Services
    • 12.1.4. Financials (As Reported)
    • 12.1.5. Key Market Focus and Geographical Presence
    • 12.1.6. Recent Developments
  • 12.2. Fitline Retails Pvt. Ltd.
  • 12.3. Fitness World
  • 12.4. HERCULES FITNESS
  • 12.5. Into Wellness Private Limited
  • 12.6. Jerai Fitness Private Limited
  • 12.7. Nortus Fitness
  • 12.8. Powermax Fitness (I) Pvt. Ltd.
  • 12.9. KREATIVE ENTERPRISES
  • 12.10. Technogym S.p.A.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

13. Strategic Recommendations

14. About Us & Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Gym Equipment Market, By Value, In USD Million, FY2018-FY2032F
  • Figure 2. India Gym Equipment Market, By Volume, In Units, FY2018-FY2032F
  • Figure 3. India Gym Equipment Market Share (%), By Product, FY2018-FY2032F
  • Figure 4. India Gym Equipment Market Share (%), By End-user, FY2018-FY2032F
  • Figure 5. India Gym Equipment Market Share (%), By Pricing, FY2018-FY2032F
  • Figure 6. India Gym Equipment Market Share (%), By Distribution Channel, FY2018-FY2032F
  • Figure 7. India Gym Equipment Market Share (%), By Region, FY2018-FY2032F
  • Figure 8. By Product Map-Market Size (USD Million) & Growth Rate (%), FY2024
  • Figure 9. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
  • Figure 10. By Pricing Map-Market Size (USD Million) & Growth Rate (%), FY2024
  • Figure 11. By Distribution Channel Map-Market Size (USD Million) & Growth Rate (%), FY2024
  • Figure 12. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024