What is Abdominal Wheel Market?
The abdominal wheel is designed to exercise the abdominal muscles. This equipment allows the user to work out abs or obliques on knees or toes, in stable or unstable modes. This equipment can be disassembled for easy storage. Abdominal wheels are made of a durable material and lightweight that allows users to carry them easily. The factors such as Increased Disposable Income of the People and Increased Awareness about Healthy Lifestyle among Consumers are driving the global abdominal wheels market.
Highlights from Abdominal Wheel Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Watson Gym Equipment (United Kingdom), Rogue Fitness (United States), Dayco Products (United States), Dr Trust (United States), Nivia Sports (India) and Nityasach Fitness Pvt Ltd (India) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Abdominal Wheel market throughout the forecasted period.
Watson Gym Equipment (United Kingdom), Rogue Fitness (United States), Dayco Products (United States), Dr Trust (United States), Nivia Sports (India) and Nityasach Fitness Pvt Ltd (India) are some of the key players profiled in the study. Abdominal Wheel Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Training, Fitness and Commercial |
Type | 1 Wheel Equipment, 2 Wheels Equipment and 4 Wheels Equipment |
Distribution Channel | Online Channels,Offline Channels |
Material | Stainless Steel,PVC,Other |
On the basis of geography, the market of Abdominal Wheel 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Preference for Home-Based Exercise Equipment and High Demand for Abdominal Wheels with Advanced Materials
Market Growth Drivers:
Increased Disposable Income of the People and Increased Awareness about Healthy Lifestyle among Consumers
Challenges:
Low-Quality Product Availability in the Market
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the E-commerce Industry, Robust Increase in the Distribution Channels and Growing Demand for Gym Equipment
Key Target Audience
Abdominal Wheels Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
In November 2018, Rogue Fitness, America’s largest manufacturer of strength and conditioning equipment, has announced an agreement to acquire Reflex Fitness Products, a competing equipment maker headquartered in Milan, Illinois. Reflex, as a Rogue subsidiary, will continue to operate its current business and production will be retained at the Milan plant.