About Exercise Balls
Exercise ball are great tool for toning the abdominal muscles, as well as other core muscles. Exercise balls also known as stability balls come in different sizes. The ball allows knees to be at a right angle when you sit on the ball with feet flat on the floor. These balls are inexpensive, easy to use and, unlike other forms of exercise and stretching. Exercise balls work as a support for strength and stretching exercises. The use of exercise ball while exercising can provide some amazing benefits such as back and spine health, core stability, better posture and muscle balance. According to a report published by the IHRSA Foundation, then global health club industry revenue totaled USD 87.2 billion in 2017, as more than 201,000 clubs served 174 million members.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Manufacturers in the gym ball market can consider this as a wonderful opportunity to improve their product portfolio and sales across various industrial sectors. Analyst at AMA Research estimates that United Kingdom Vendors will contribute the maximum growth to Global Exercise Balls market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fitball, Gaiam, Wacces, Valor Fitness, Sivan Heath and Fitness, Isokinetics and Blcak Mountain are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Exercise Balls market by Type (Under 30 cm, 30-39 cm, 40-49 cm, 50-59 cm, 60-69 cm, 70-79 cm and Above 80 cm), Application (Physiotherapy, Yoga, Core Training and Gymnastics) and Region.
On the basis of geography, the market of Exercise Balls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Vinyl will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Household will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ball Size, the sub-segment i.e. Under 30 cm will boost the Exercise Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trends among Youth Population to Gain Muscular Strength
Market Growth Drivers:
Growing Awareness about Health and Fitness and Rising Acceptance of In-Home Equipment
Challenges:
Presence of Local Players
Restraints:
High Cost of Exercise Balls
Opportunities:
Growth health and fitness industry and Rising use of gym balls in various fitness activities
Market Leaders and their expansionary development strategies
In October 2023, TheraBand, a leading manufacturer of resistance bands, and BOSU Ball, a well-known brand of balance trainers, announced a partnership to create a new co-branded fitness program. The program combines TheraBand's resistance training expertise with BOSU's dynamic stability exercises to provide a comprehensive workout experience.
In July 2022, Icon Health & Fitness, the parent company of brands like NordicTrack and ProForm, acquired NordicTrack from its previous owner, Nautilus, Inc. This acquisition further strengthens Icon's position as the leading manufacturer of home fitness equipment and could potentially lead to increased integration of exercise balls into NordicTrack's product lines.
Key Target Audience
Manufacturers of Exercise Balls, Suppliers of Exercise Balls, Wholesalers, Distributors and Retailers of Exercise Balls, Raw Material Providers, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.