San Francisco, 08 March 2024: The Report Fitness Ball Market Size, Share & Trends Analysis Report By Size, By Application (Commercial, Household), By Distribution Channel (Online And Offline), By Region, And Segment Forecasts, 2022 - 2030
The global fitness ball market is expected to reach USD 606.8 million by 2030, registering a CAGR of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. Increasing use of fitness balls in several fitness activities, particularly the ones that require stability devices, is boosting the development of the fitness balls market. Professional athletes are using fitness balls more aggressively to advance their physical strength and athletic performance. A continuously widening range of applications of fitness balls in the fitness industry is adding to the growth of the market.
COVID-19 had a positive impact on the growth of the market. During the pandemic, the sales of fitness equipment expanded considerably, especially fitness balls. As per the NDP Group stats, the sales of fitness balls grew 67.0% from January to July 2020. Several manufacturers saw a huge increase in their fitness balls sales category in 2020. As the population is getting more conscious about fitness and healthy life, it has seen a large demand for fitness balls in online distribution channels, during 2020.
The online segment is likely to dominate during the forecast period from 2022 to 2030. Online purchasing allows customers to find a variety of fitness balls that are not accessible in a physical store. There are several options to select from online shops. Shopping for fitness balls online is quite easy. The user can simply browse over numerous brand names. The growth of this industry will have to keep up with customer inclinations as they demand more comfort and ease in buying fitness ball products online.
North America held the largest revenue share in the fitness ball market in 2021. The U.S. was the dominating market with the largest revenue share in 2021. This is due to the presence of key players and the high pace of advancement in technology whereas the rising prevalence of obesity with changing lifestyles and increasing awareness about fitness and chronic diseases due to unhealthy lifestyles will boost the market growth. Thus, North America generated the largest revenue in 2021.
Manufacturers are majorly concentrating on dynamic consumer demands to manufacture highly efficient fitness balls that suit their intended applications. Incorporating innovative designs, materials, and manufacturing technologies to produce high-quality and cost-efficient fitness balls is one of the popular trends in the fitness ball market.
A growing number of gyms and fitness centers along with the development of a healthy lifestyle has increased the demand for different fitness equipment such as fitness balls. Emerging trends among the young generation to gain strength are the major factors driving the market growth. Exercise balls are not adjustable, and this can result in poor body posture which is limiting the use of fitness balls and restraining the market growth.
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With the change in living habits, leading to obesity and other lifestyle diseases, the fitness ball market is expected to witness significant growth in the coming years. Over 60.0%-80.0% of adult experience lower back pain at least once in their lifetime, and its dominance is growing across the world. Sitting on office chairs all day long can be a really painful experience for working individuals with lower back pain or spinal cord disorders. Growing awareness regarding the aids of using a fitness ball or stability ball in special physiological exercises is boosting its adoption in corporate offices as well.
Fitness Ball Market Report Highlights
- Asia Pacific is expected to dominate the market during the forecast period from 2022 to 2030. The rapid development of emerging economies, growing youth population as well as growing disposable income is likely to demand fitness balls in the region
- 65cm diameter fitness ball segment is likely to dominate during the forecast period. The 65 cm fitness ball is mostly suitable for an individual with a height ranging from 5’11” and 6’7”. The individuals in this height range account for the maximum percentage in the world, thus it is expected that the 65cm diameter fitness ball will expand by the fastest CAGR during the forecast period
- The commercial segment is likely to dominate throughout the forecast period. The number of health clubs and yoga studios is increasing rapidly all over the world. These health clubs and yoga studios address health concerns specific to an individual, helping them to build a customized fitness regime, which is expected to increase the demand for fitness balls for commercial use online segment is likely to dominate during the forecast period. This is attributed to the shopping advantages such as festive and seasonal offers, lower prices, discounted rates, and big displays with freedom of selection offered by the retail shops. Also, individuals get a chance to select the best possible options and brands for online purchases
The fitness product industries have witnessed high demand in the wake of the pandemic, and thus fitness ball market observed positive growth in 2020. Due to the lockdown, people are largely conscious about fitness as well as healthy life has led to increased demand for fitness ball products in online channels. According to the NDP Group, sales of fitness balls grew 67.0% from January to July 2020. Additionally, NDP said that the sales grew fastest in March, April, and May, conforming to the time when most gyms were shut and Americans were starting to work from home.
A Fitness ball is also known as an exercise ball or yoga ball. It is prepared from a delicate elastic with a diameter of around 35 to 100 cm and filled with air. It is regularly utilized in physical therapy, fitness training, and workout. Fitness balls are a famous and versatile piece of fitness equipment used in physical therapy sessions, gyms, homes, and even the workplace. Fitness balls are also known as physio balls, exercise balls, and balance balls; the purpose of the fitness ball is to increase balance, muscle tone, along with core strength.
Fitness balls are used for conditioning and rehabilitation, adding balance challenges, support, and playfulness to workout or therapy sessions. Hectic schedules, a sedentary lifestyle, and unhealthy food consumption have led to the adoption of in-home equipment, particularly fitness balls which not only take up much space but also a very low investment compared to other fitness equipment.
Fitness Ball Market Report Scope
Report Attribute
Details
Market size value in 2022
USD 328.1 million
Revenue forecast in 2030
USD 606.8 million
Growth Rate
CAGR of 8.0% from 2022 to 2030
Base year for estimation
2021
Historical data
2017 - 2020
Forecast period
2022 - 2030
Manufacturers are putting efforts into product innovation and changing their retail strategies towards e-commerce sites which may create lucrative opportunities for players operating in the fitness ball market. In November 2021, South Korean premium furniture company MENFURS launched 'Core Fit Ball Pro,' a versatile fitness ball chair on Kick starter. Core Fit Ball Pro aims to preserve all the scientifically proven benefits of a standard fitness ball while making it comfortable and stylish enough to implement into users' daily routines and fit seamlessly into any style of home.
Some of the key players in the global fitness ball market include:
- Black Mountain Products, Inc.
- DYNAPRO
- Fit ball Australia
- Gaiam
- Live Infinitely
- ProBody Pilates
- Reebok International Ltd.
- Sivan Health and Fitness
- SPRI Products Inc
- Valor Fitness
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