Aqua Gym Equipment Market is Projected to Hit USD 781 Million at a Healthy CAGR of 4% by 2031 - Report by Transparency Market Research

Wilmington, Delaware, United States, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The global aqua gym equipment market is projected to flourish at a CAGR of 4% from 2021 to 2031. As per the report published by TMR, a valuation of US$ 781.2 million is anticipated for the market in 2031. As of 2023, the market for aqua gym equipment is expected to close at US$ 578 million.

Growing awareness of the importance of physical fitness and overall well-being has driven the demand for fitness activities, including aquatic exercise. Aqua gym equipment offers a low-impact, joint-friendly workout option, making it appealing to individuals of all fitness levels, including those seeking rehabilitation or stress relief.

The increasing concern among individuals about physical fitness drives the market demand. The rising awareness about the benefits of water sports and aerobics, the global aqua gym equipment market is expected to grow during the forecast period.

Aqua gym equipment is often used in rehabilitation and physical therapy programs. Its buoyancy properties reduce the impact on injured or recovering body parts, making it ideal for individuals undergoing rehabilitation from surgeries or injuries.

Aqua gym equipment provides a low-impact workout due to the buoyancy of water. This makes it suitable for individuals with joint problems, arthritis, or other conditions that limit their ability to engage in high-impact exercises. The increasing adoption of aquatic treadmill exercise by osteoarthritis patients drives the market demand.

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Market Snapshot:

Key Takeaways from the Market Study

• As of 2022, the aqua gym equipment market was valued at US$ 555.9 million
• By type, the machines and equipment segment to enjoy high demand, accumulating a high revenue share during the forecast period.
• Based on consumer group, the men segment is anticipated to dominate the industry during the forecast period
• Based on end-user, the commercial segment is expected to generate high revenue during the forecast period, due to the increased demand in public pools, fitness centers, and aquatic therapy centers,

Aqua Gym Equipment Market: Key Trends and Opportunistic Frontiers

• Innovations in aqua gym equipment design have made workouts more effective and engaging. Equipment such as aquatic dumbbells, resistance bands, and underwater treadmills have enhanced the quality of aqua fitness.
• The growing popularity of aqua sports in developed countries and the rising investments for aqua therapies in developing countries are anticipated to contribute to the expansion of the global aqua gym equipment market during the forecast period.
• The expansion of aquatic facilities, including public pools, fitness centers, and aquatic therapy centers, has made it easier for individuals to access aqua gym equipment and participate in aquatic fitness classes.
  

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Aqua Gym Equipment Market – Regional Analysis

• North America is expected to accumulate the largest share of the aqua gym equipment market during the forecast period. Swimming pools, aquatic centers, and private swim clubs often offer aqua fitness classes, driving demand for water-based exercise equipment.

• A strong focus on fitness and wellness The market benefits from a fitness-conscious population and a growing interest in low-impact exercise options. The United States, and Canada remain the prominent aqua gym equipment market.

• Asia Pacific is anticipated to dominate the aqua gym equipment market during the forecast period. Increasing awareness about fitness and growing demand for aqua gym accessories drive the market growth in the region.

• The rising middle class, increasing health consciousness, and urbanization are the other factors promoting the market demand. Aquatic fitness and water sports are gaining popularity, leading to demand for aqua gym equipment in fitness clubs and aquatic centers.

Competitive Landscape

Prominent players in the aqua gym equipment market are increasing investment on innovative products to fulfill the needs of end users and offer them customized solutions. Manufacturers are also planning to expand their product portfolio and presence in various regions through mergers & acquisitions and advanced aqua gym equipment to the users.

Key players operating in the aqua gym equipment market include

• Acquapole SAS
• Aqua Creek
• Aqua Gear Inc.
• Be Aqua Pte Ltd
• BECO Beermann GmbH & Co. KG
• Hydro-FIT
• HydroWorx International, Inc.
• PlayCore, Inc.
• Speedo International
• Texas Recreation Corporation

Key Developments in the Aqua Gym Equipment Market

• Aquastrength offers aquatic fitness equipment designed for resistance training. Their products include resistance bands, dumbbells, and barbells tailored for use in water.
• Aqua Sphere has focused on developing innovative swim training and fitness equipment. Their products include aquatic resistance devices, buoyancy belts, and underwater treadmills designed for a wide range of water-based workouts.
• Aqualogix Fitness specializes in the design of aquatic resistance equipment. They have developed unique hand-held aquatic bells and fins, providing a versatile and effective way to exercise in the water.
  

Partial Table of Content (ToC):

1. Preface 

    1.1. Market Definitions and Scope

    1.2. Market Segmentation 

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary 

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Supply Side

        5.3.2. Demand Side

    5.4. Key Market Indicators

        5.4.1. Overall Gym Equipment Market Overview

    5.5. Porter's Five Forces Analysis 

    5.6. Value Chain Analysis 

    5.7. Industry SWOT Analysis

    5.8. Global Aqua Gym Equipment Market Analysis and Forecast, 2017 - 2031

        5.8.1. Market Value Projections (US$ Mn)

        5.8.2. Market Volume Projections (Thousand Units)

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Aqua Gym Equipment Market

Type

• Water Weights
  • Water Dumbbells
  • Water Barbells
  • Ankle & Wrist Weights
  • Others
• Machines & Equipment
  • Aqua Stepper
  • Aqua Cycle
  • Aqua Treadmill
  • Aqua Elliptical
  • Aquatic Walker
  • Others

Consumer Group

• Men
• Women

Pricing

• High
• Medium
• Low
  

End-Use

• Individual
• Commercial

Distribution Channel

• Online
  • Company-owned Websites
  • eCommerce Websites
• Offline
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Others
    

Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
  

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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