Product Code: ETC014508 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Fitness Equipment market currently, in 2023, has witnessed an HHI of 1742, Which has decreased substantially as compared to the HHI of 4897 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indonesia Fitness Equipment market is expected to witness a significantrate during theperiod (2020-2026). This can be attributed to the increasing number of health conscious people in the country rising disposable income levels and growing popularity of fitness activities such as aerobics and yoga. The availability of advanced fitness equipment such as treadmills ellipticals exercise bikes dumbbells barbells and others are also driving the market for fitness equipment in Indonesia. Moreover promotional activities by various domestic players offering discounts on gym memberships or discounted prices on products are further boosting the demand for fitness equipment in Indonesia.
Some of the major drivers that are drivingin this market include an increase in health awareness among people leading them to adopt healthy lifestyle habits; increased disposable incomes allowing more money being spent on recreational activities; rising prevalence of obesity creating an urgent need for gymnasiums; growing concentration towards physical appearance by Indonesia consumers; introduction of modern gym facilities equipped with advanced technology based machines; government initiatives encouraging physical activity through sports centers and other outlets throughout Indonesia as well as foreign investments taking place within this sector.
Some factors which may pose challenges to thepotential of this particularinclude high cost associated with buying new equipments from international markets which affects sales figures significantly due to affordability issues faced by local customers; lack of proper infrastructure related services required here like maintenance repair shops etc.; limited availability/distribution channels especially outside urban areas where there is less access available when it comes to gyms or other stores that offer these materials etc. Furthermore difficulties experienced while obtaining license permissions from relevant authorities could also hamper progress made herein.
Some key players operating within this field include LifeFitness International Inc. Technogym SPA Italy Johnson Health Tech Co Ltd Taiwan (Matrix) Precor Inc. Nautilus Inc. Cybex International Inc. Torque Fitness LLC USA amongst many others providing innovative solutions catering specifically towards consumer requirements regarding different needs they might have when it comes down to exercising comfortably at home or even in commercial settings like gyms clubs etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Fitness Equipment Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Fitness Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Fitness Equipment Market - Industry Life Cycle |
3.4 Indonesia Fitness Equipment Market - Porter's Five Forces |
3.5 Indonesia Fitness Equipment Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Fitness Equipment Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Indonesia Fitness Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Fitness Equipment Market Trends |
6 Indonesia Fitness Equipment Market, By Types |
6.1 Indonesia Fitness Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Fitness Equipment Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Fitness Equipment Market Revenues & Volume, By Cardiovascular Training Equipment, 2020-2030F |
6.1.4 Indonesia Fitness Equipment Market Revenues & Volume, By Strength Training Equipment, 2020-2030F |
6.1.5 Indonesia Fitness Equipment Market Revenues & Volume, By Other Equipment, 2020-2030F |
6.2 Indonesia Fitness Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Fitness Equipment Market Revenues & Volume, By Home consumer, 2020-2030F |
6.2.3 Indonesia Fitness Equipment Market Revenues & Volume, By Health club/gym, 2020-2030F |
6.2.4 Indonesia Fitness Equipment Market Revenues & Volume, By Other commercial user, 2020-2030F |
7 Indonesia Fitness Equipment Market Import-Export Trade Statistics |
7.1 Indonesia Fitness Equipment Market Export to Major Countries |
7.2 Indonesia Fitness Equipment Market Imports from Major Countries |
8 Indonesia Fitness Equipment Market Key Performance Indicators |
9 Indonesia Fitness Equipment Market - Opportunity Assessment |
9.1 Indonesia Fitness Equipment Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Fitness Equipment Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Indonesia Fitness Equipment Market - Competitive Landscape |
10.1 Indonesia Fitness Equipment Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Fitness Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |