The global Gym Bag Market size is projected to touch USD 1.8 billion by 2025, according to a new report published by Million Insights, growing with a CAGR of 7.9% from 2019 to 2025.The rising awareness relating to fitness and health and the availability of a wide range of products is expected to drive the market in the upcoming years. The growing fitness industry in South America and Asia Pacific coupled with the growing sales of fitness and health equipment, products and accessories used in this industry is predicted to surge the demand for gym bags over the forecast period. Moreover, the rising number of fitness and health clubs are expected to contribute significantly to the growth of the market.
Key Players:
Everlast Worldwide, Inc.; JensenLee; Harissons; Chateau Manufacturing; Nike, Inc.; Adidas AG; ToteBagFactory; and Herschel Supply Co. USA
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Market Synopsis of Gym Bag Market:
The increase in the disposable income of the middle-class population in developing countries has fueled the product demand in recent years. Higher purchasing power encourages them to choose fashionable, premium, and on-trend products in the fitness and health sector. The introduction of several new products and the penetration of the e-commerce industry are the major factors boosting the market growth. Key players are emphasizing on fulfilling consumer preferences by offering customized gym bag. Additionally; the bags are showcased through various offline and online channels with social media being major platforms.
The rising preference of people for a healthy lifestyle has influenced many multinational companies to encourage their employees to have fitness and health club memberships. This trend is expected to have a positive impact on the gym bags market over the forecast period. Moreover, these bags are compatible with different connected and smart devices, which offer a lucrative opportunity for the companies in the gym bag market.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Gym Bag: Market Variables, Trends & Scope
Chapter 4 Gym Bag: Product Estimates & Trend Analysis
Chapter 5 Gym Bag: Application Estimates & Trend Analysis
Chapter 6 Gym Bag: End-use Estimates & Trend Analysis
Chapter 7 Gym Bag: Industrial End-use Estimates & Trend Analysis
Chapter 8 Gym Bag: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Gym Bag: Manufacturers Company Profiles
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