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Aqua Gym Equipment Market Size

Report ID: GMI7057 Published Date: October 2023Report Format: PDF
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Aqua Gym Equipment Market Size

Aqua Gym Equipment Market was valued at USD 623.1 million in 2022 and is projected to grow at a CAGR of over 5% between 2023 and 2032. Increasing innovations in aqua gym equipment are fueling the market size.

 

Aqua Gym Equipment Market

New designs and technologies, such as smart sensors, tracking devices & digital interfaces, enhance the user experience and expand the capabilities of water-based workouts. Additionally, the growing demand for aqua gym equipment is significantly driven by the broader fitness equipment industry. As health and fitness awareness continue to rise, individuals are seeking versatile and low-impact exercise options that cater to their overall well-being. Aqua gym equipment, as a segment of the fitness equipment market, aligns with these evolving fitness trends. Its appeal lies in the unique benefits it offers, allowing people of all ages and fitness levels to engage in effective workouts within the supportive aquatic environment. This synergy with the larger fitness equipment industry highlights the growing significance of aqua gym equipment as a desirable and accessible means of achieving one's fitness goals.

 

The rising awareness of fitness and the benefits of low-impact aquatic workouts have spurred interest in aqua gym equipment. Health-conscious individuals are turning to water-based exercises for joint-friendly fitness, thereby propelling market growth. For instance, in September 2023, Trapbands introduced a Resistance Bands Tube Set accompanied by two months of complimentary access to its fitness app. This offer provides users with versatile workout options using resistance bands and access to fitness guidance through the app for a limited time.

Storage & maintenance challenges in the aqua gym equipment market arise due to the bulkiness of some equipment, particularly in limited-space environments. Maintenance is crucial to ensure safety & longevity as water exposure can lead to wear and corrosion. Pool owners and fitness facilities must allocate space for storage with regular upkeep requiring both time & effort. Efficient storage solutions and educating users on equipment care are needed to overcome these concerns and sustain market growth.

Author: Preeti Wadhwani,
Frequently Asked Question(FAQ) :

Who are the key players in aqua gym equipment business?+

Acquapole S.a.S., HydroWorx, Aqua Sphere, Aqualogix Fitness, Speedo International Ltd., Fluid Running, Theraquatics, Sprint Aquatics, Poolmaster Inc., and WaterGym LLC.

Why is North America emerging as a lucrative growth avenue for aqua gym equipment industry?+

North America dominated the global aqua gym equipment market with over 40% share in 2022 as the region has a well-established fitness culture with a growing awareness about the benefits of aquatic exercise.

How will supermarkets & hypermarkets influence the growth of aqua gym equipment industry?+

The supermarkets & hypermarkets segment was valued over USD 220 million in 2022, as they offer a convenient & comprehensive shopping experience. These retail outlets often allocate dedicated sections for fitness equipment including aqua gym gears, making it easily accessible to a broad consumer base.

What is the size of the Aqua Gym Equipment Market?+

The market size for aqua gym equipment was valued over USD 623 million in 2022 and is projected to grow at a CAGR of over 5% between 2023 and 2032.

Aqua Gym Equipment Market Scope

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