Japan Fitness Equipment Market Overview
According to SPER Market Research, the Japan Fitness Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The Equipments and monitoring tools needed for a variety of physical workouts are included in fitness equipment. The rise in the number of obese people worldwide, the rise in disposable income in developing nations, and the rise in the proportion of young people in developing regions are the main drivers driving the market's expansion. Based on these factors, as people's enthusiasm for exercise has grown, the market for fitness equipment in Japan has also been developing at a respectable rate in recent years. The global demand for exercise equipment is being driven by an increase in sedentary lifestyles.
Due to the increase of exercise facilities and gyms in both residential and commercial areas over the past several years, Japan's market for fitness equipment has seen growth. Higher government initiatives for healthier working environments and the installation of outdoor fitness equipment would lead to higher Japan fitness equipment market forecast revenues over the coming years, as would rising health concerns among the elderly population in the nation, development of residential and commercial compounds due to growing tourism and upcoming events, and residential and commercial compound construction.
Throughout the upcoming years, it is anticipated that the Japanese market for fitness equipment would experience rapid expansion. Some of the major drivers that will propel the growth of the fitness equipment market in Japan are government initiatives, the proliferation of fitness devices, an increase in fitness centers, rising health awareness, and a significant rise in fitness spending. With the impending international events, it is predicted that Japan would experience an increase in hotel development due to the tourism boom. The development of residential complexes together with government initiatives is also anticipated to propel the Japanese fitness equipment market. The primary market for expanding fitness equipment would continue to be gym facilities in Japan. In addition, as more money is invested in hosting international sporting events in Japan, the number of gym facilities is expected to grow over the next years. The demand for fitness equipment in the nation is predicted to increase as a result of this trend.
Impact of COVID-19 on the Japan Fitness Equipment Market
In light of COVID-19, self-care is increasingly important for maintaining one's mental, physical, and emotional well-being. The pandemic has raised public awareness of the need to improve physical health and immune systems. Because to the nationwide lockdown, gyms have had to close, which will force more people to use home workout equipment. The expansion of the home exercise equipment market, however, is anticipated to be largely fueled by more awareness of health and fitness. In the same year, there was a decline in the size of the fitness equipment market overall.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By End User
|
| Regions covered | Chubu, Chugoku, Hokkaido, Kansai, Kanto, Kyushu, Shikoku, Tohoku
|
| Companies Covered | Nortus Fitness
|
Target Audience-
- Associations & Organizations related to the fitness equipment industry
- Government bodies
- Industry Consultants
- Manufacturers
- Stakeholders
- Suppliers
Japan Fitness Equipment Market Segmentation:
1. By Type:
- Cardiovascular Fitness Equipment
- trength Fitness Equipment
2. By End User:
- Commercial Fitness Centers
- Gyms & Health Clubs
- Residential Facilities
3. By Region:
- Chubu
- Chugoku
- Hokkaido
- Kansai
- Kanto
- Kyushu
- Shikoku
- Tohoku
Key Topics Covered in the Report:
- Size of Japan Fitness Equipment Market (FY’2019-FY’2032)
- Overview of Japan Fitness Equipment Market
- Segmentation of Japan Fitness Equipment Market By Type (Cardiovascular Fitness Equipment, Strength Fitness Equipment)
- Segmentation of Japan Fitness Equipment Market By End User (Commercial Fitness Centers, Gyms & Health Clubs, Residential Facilities)
- Statistical Snap of Japan Fitness Equipment Market
- Japan Fitness Equipment Market Growth Analysis
- Problems and Challenges in Japan Fitness Equipment Market
- Japan Fitness Equipment Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Japan Fitness Equipment Market
- Details on Recent Investment in Japan Fitness Equipment Market
- Competitive Analysis of Japan Fitness Equipment Market
- Major Players in the Japan Fitness Equipment Market
- SWOT Analysis of Japan Fitness Equipment Market
- Japan Fitness Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Japan Fitness Equipment Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Japan Fitness Equipment Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Fitness Equipment Market
7. Japan Fitness Equipment Market, By Type, 2019-2032 (USD Million)
7.1 Cardiovascular Fitness Equipment
7.1.1 Cross Country Ski
7.1.2 Elliptical Trainer
7.1.3 Rowing Machine
7.1.4 Stair Stepper
7.1.5 Stationary Bike
7.1.6 Treadmill
7.2 Strength Fitness Equipment
7.2.1 Dumbbells
7.2.2 Hydraulic Equipment
7.2.3 Resistance Band & Tubes
7.2.4 Weight Plates
8. Japan Fitness Equipment Market, By End User, 2019-2032 (USD Million)
8.1 Commercial Fitness Centers
8.2 Gyms & Health Clubs
8.3 Residential Facilities
9. Japan Fitness Equipment Market, By Region, 2019-2032 (USD Million)
9.1 Japan Fitness Equipment Size and Market Share by Region (2019-2025)
9.2 Japan Fitness Equipment Size and Market Share by Region (2026-2032)
9.3 Chubu
9.4 Chugoku
9.5 Hokkaido
9.6 Kansai
9.7 Kanto
9.8 Kyushu
9.9 Shikoku
9.10 Tohoku
10. Company Profiles
10.1 Nortus Fitness
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
