PUBLISHER: KBV Research | PRODUCT CODE: 1431206
PUBLISHER: KBV Research | PRODUCT CODE: 1431206
The Asia Pacific Treadmill Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,086.4 thousand units, showcasing a growth of 5.0% (2019-2022).
Treadmills have found a place in rehabilitation settings, with physical therapists incorporating them into recovery programs. The controlled environment, adjustable settings, and safety features make these suitable for individuals rehabilitating from injuries or surgeries. Additionally, the incorporation of specialized training programs, such as interval training and marathon preparation, has broadened the appeal of these among athletes and enthusiasts seeking targeted and efficient workouts. The advent of social fitness platforms and connected communities has contributed to adopting these.
Treadmills are renowned for their effectiveness in providing cardiovascular workouts. The ability to control speed, incline, and duration makes them ideal for individuals looking to improve their cardiovascular health. Regular sessions contribute to increased heart rate, improved circulation, and enhanced lung capacity, all essential components of cardiovascular fitness. One of the primary uses of these is in weight management and weight loss programs. Combining cardiovascular exercise and calorie expenditure makes them an effective tool for individuals aiming to shed excess weight.
Social media influencers, particularly those focusing on fitness and lifestyle content, serve as role models for many individuals in India. Celebrities and influencers have extensive reach on social media platforms, television, and other media channels in India. Their endorsement or promotion of these brands ensures widespread visibility, helping these brands penetrate various consumer segments across India. Celebrities and influencers can effectively showcase the features and benefits of specific treadmill models in India. This demonstration helps potential buyers understand the functionality and advantages of the equipment, influencing their purchasing decisions in India. Hence, due to the above-mentioned factors, the market will grow significantly in this region.
The China market dominated the Asia Pacific Treadmill Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $422.9 Million by 2030. The Japan market is registering a CAGR of 4.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.3% during (2023 - 2030).
Based on Product Type, the market is segmented into Electronic, and Manual. Based on End Use, the market is segmented into Commercial, Residential, and Institutional. Based on Distribution Channel, the market is segmented into Specialty Store, Franchise Store, Online Store, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Treadmill Market Report Segmentation
By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)
By End Use (Volume, Thousand Units, USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)