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Global Fitness Ball Market Size, Statistics, Forecast & Share Worth USD 607 Million, By 2030 at 8.1% CAGR | Fitness Ball Industry Trends, Demand, Growth & Analysis Report by Zion Market Research
A fitness ball is also referred to as yoga or exercise ball that is used for improving balance, core strength, and muscle tone. Moreover, Swiss ball and medicine-ball exercises are used for promoting balance in activities of daily living. Reportedly, Swiss-ball is extensively utilized for increasing strength, flexibility, coordination, endurance, and balance. Apart from this, medicine ball proves to be effective in improving the speed of exercise, strength, agility, and endurance. In addition, training with medicine ball improves physical function through the integration of upper and lower body training.
These fitness balls are utilized more prominently in fitness training, workouts, weight training, and physical exercises. These balls offer major benefits such as effective pose, balance of muscles, and good back & spine health.
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Escalating demand for improving body balance, body posture, core strength, and muscle tone will boost the product's popularity, thereby increasing global fitness ball market trends. Moreover, fitness balls are utilized for easing workouts and physical exercises along with improving of body's physique. This will expand the scope of growth of the global market. Apart from this, hectic work schedule and sedentary lifestyle have resulted in the humungous acceptance of in-home devices that require low investment and occupy lesser space. This has spurred the expansion of the global industry. Reportedly, more than 60% of adults experience back pain at least once in their lifetime and it is increasing globally. This will proliferate the size of the global industry. Large-scale use of fitness balls in corporate houses for special physiological exercises will spearhead the global industry landscape.
Easy availability of cost-effective kits for exercise can hinder the global market demand. In addition to this, the increase in launch of automated equipment for physical exercises and its ability to offer huge health & fitness benefits to individuals can hamper the expansion of the global market.
Introduction of new product features and innovations in fitness equipment will open a slew of new growth opportunities for the global fitness ball industry. In addition, the launching of new kinds of fitness trackers and smart exercise equipment will increase the avenues of expansion for the global industry.
Fitness balls are not easily adjustable and can lead to poor body posturing, thereby restricting the adoption of fitness balls for physical exercises in gyms and fitness centers. This has proved to be a major challenge for the growth of the global fitness ball market.
Based on size, the global fitness ball industry is segmented into 45 cm diameter, 55 cm diameter, 65 cm diameter, 75 cm diameter, 85 cm diameter, and 100 cm diameter. Moreover, the 65 cm diameter segment dominated the global market share in 2021 and is set to record the highest CAGR of about 8.5% during 2022-2030. The segmental expansion can be credited to the immense use of 65 cm diameter balls in gums and fitness centers.
On the basis of distribution channel, the global fitness ball industry is segmented into offline and online segments. Moreover, the online segment is anticipated to register the fastest CAGR of nearly 10.2% over the assessment timeframe. The segmental growth can be owing to the thriving e-commerce segment and surge in online product purchases. In addition, huge discounts are offered by vendors in online purchases of the product, thereby leading to huge growth proliferation of the segment.
In terms of application, the global fitness ball market is divided into commercial and household segments. Moreover, the commercial segment, which led the growth of the global market in 2021, is expected to chart a profitable growth map for the fitness ball industry in the upcoming years. The growth of the segment during 2022-2030 can be attributed to surging awareness about health & fitness among people resulting in their participation in physical activities in gyms and health clubs. This has led to the massive adoption of fitness balls in the commercial segment.
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In terms of region, the global fitness ball industry is sector into the Asia-Pacific , Latin America , Europe , North America , and the Middle East and Africa . The Asia-Pacific region is slated to lead the global market surge in the next eight years owing to the thriving sports & fitness sector and increasing consumer trend towards healthy lifestyles and fitness. The presence of key players and startup firms in the region will prompt regional market growth.
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