The Dumbbells Market is being driven by Increased demand for home fitness equipment
The Dumbbells Market is expected to grow at a CAGR of 2.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 222.4 million. Exergaming, a fusion of exercise and gaming, has emerged as a significant trend in the fitness industry. This interactive experience encourages users to engage in physical activity while playing video games, resulting in enhanced heart rate and core stability. Exergaming caters to individuals of all age groups, offering numerous benefits, including strength development, improved fitness, and boosted self-confidence. Unlike conventional hand-finger games, exergaming necessitates full-body motion, making it a more engaging and comprehensive fitness solution. Various game controllers, such as sensor pads and motion camera systems, facilitate user interaction and movement within the game environment.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
224 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.3% |
Market growth 2025-2029 |
USD 222.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.2 |
Key countries |
US, Canada, Germany, UK, China, France, Russia, Italy, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The market for dumbbells has experienced significant growth due to the increasing popularity of resistance-based workouts and fitness activities. Dumbbell sets, made of cast iron with ergonomic designs, are essential strength training equipment for fitness enthusiasts of all levels. With rising health consciousness, more people are turning to muscle building and strength training regimes to combat cardio-respiratory illnesses caused by sedentary lifestyles. Fitness equipments, including dumbbells, are in high demand at health clubs, gyms, home gyms, and sports institutes. Fitness influencers and celeb trainers endorse their use for muscular coordination and stabilizing muscles. Gym memberships and home gyms are investing in these versatile tools to cater to the needs of their clients.
The global leisure products market, a segment of the larger household durables industry, encompasses categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-focused games. According to Technavio's market analysis, the household durables market's size is determined by the collective revenue generated by manufacturers of household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of this market is attributed to several factors, including the surge in health and fitness club memberships. With a growing health consciousness trend, the number of fitness clubs is proliferating, leading to an increased demand for resistance-based workout tools like dumbbell sets catering to various fitness levels.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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