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South-Eastern Asia - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Overview of the Market for Gym and Fitness Equipment 2021

Market Size for Gym and Fitness Equipment in South-Eastern Asia

In 2020, the Southeast Asian gym and fitness equipment market decreased by -X% to $X for the first time since 2012, thus ending a seven-year rising trend. The total consumption indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The level of consumption peaked at $X in 2019, and then reduced in the following year.

Production of Gym and Fitness Equipment in South-Eastern Asia

In value terms, gym and fitness equipment production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of gym and fitness equipment production in 2020 were Viet Nam (X units) and Malaysia (X units).

From 2007 to 2020, the biggest increases were in Viet Nam.

Exports of Gym and Fitness Equipment

Exports in South-Eastern Asia

For the fourth consecutive year, South-Eastern Asia recorded growth in shipments abroad of gym and fitness equipment, which increased by X% to X units in 2020. Overall, exports enjoyed a measured increase. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in years to come.

In value terms, gym and fitness equipment exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Viet Nam was the key exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Malaysia (X units), creating a X% share of total exports. Thailand (X units), Singapore (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Viet Nam, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X), Malaysia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Viet Nam recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The gym and fitness equipment export price in South-Eastern Asia stood at $X per unit in 2020, jumping by X% against the previous year. Export price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, gym and fitness equipment export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 when the export price increased by X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in overseas purchases of gym and fitness equipment, which increased by X% to X units in 2020. Over the period under review, imports posted a buoyant expansion. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.

In value terms, gym and fitness equipment imports rose rapidly to $X in 2020. Overall, imports showed buoyant growth. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of gym and fitness equipment imports in 2020 were Indonesia (X units), Malaysia (X units) and Thailand (X units), together accounting for X% of total import. The Philippines (X units) took the next position in the ranking, followed by Viet Nam (X units) and Singapore (X units). All these countries together occupied near X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gym and fitness equipment importing markets in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total imports. These countries were followed by Viet Nam, the Philippines and Singapore, which together accounted for a further X the main importing countries, Viet Nam recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The gym and fitness equipment import price in South-Eastern Asia stood at $X per unit in 2020, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in South-Eastern Asia?
+
The countries with the highest volumes of gym and fitness equipment consumption in 2020 were Viet Nam (46M units), Malaysia (40M units) and Indonesia (20M units), together comprising 76% of total consumption. Thailand, the Philippines and Singapore lagged somewhat behind, together accounting for a further 22%.
What are the largest producers of gym and fitness equipment in South-Eastern Asia?
+
The countries with the highest volumes of gym and fitness equipment production in 2020 were Viet Nam (50M units) and Malaysia (27M units).
What are the leading suppliers of gym and fitness equipment in South-Eastern Asia?
+
In value terms, the largest gym and fitness equipment supplying countries in South-Eastern Asia were Viet Nam ($103M), Malaysia ($63M) and Singapore ($9.6M), with a combined 93% share of total exports.
What are the leading importers of gym and fitness equipment in South-Eastern Asia?
+
In value terms, the largest gym and fitness equipment importing markets in South-Eastern Asia were Thailand ($91M), Malaysia ($76M) and Indonesia ($64M), together accounting for 59% of total imports. Viet Nam, the Philippines and Singapore lagged somewhat behind, together comprising a further 37%.
What is the average export price for gym and fitness equipment in South-Eastern Asia?
+
The gym and fitness equipment export price in South-Eastern Asia stood at $9 per unit in 2020, jumping by 16% against the previous year.
What is the average import price for gym and fitness equipment in South-Eastern Asia?
+
In 2020, the gym and fitness equipment import price in South-Eastern Asia amounted to $4.7 per unit, with an increase of 6.4% against the previous year.

Product coverage:
• Prodcom 32301400 - Gymnasium or athletics articles and equipment

This report provides an in-depth analysis of the market for gym and fitness equipment in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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