Market Overview:
The global balance ball market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of balance balls among consumers and rising demand for fitness and health products. In terms of type, the 55 cm segment is expected to lead the global balance ball market during the forecast period, followed by 65 cm and 75 cm segments. In terms of application, online sales are expected to grow at a higher CAGR than offline sales during the forecast period.
Product Definition:
A balance ball is a rubber or plastic ball with a diameter of about 55 cm (22 in) used for exercises and physical therapy. It is also known as a Swiss Ball, stability ball, gym ball, or Pilatesball.
55cm:
55cm is the size of a standard Balance Ball. It's used for balance training and rehabilitation, which helps in preventing falls and other accidents at home or work place. The product also finds application in physical therapy to improve motor skills, flexibility, agility and body stability among others.
65cm:
65cm is the average height of a man. It's used in Balance Ball market because it's an universal standard and most products are designed to fit that average.
It was chosen because it's close to 6'5" which is the average height for an adult male in western countries.
Application Insights:
Offline sales dominated the global balance ball market with a share of over 60.0% in 2017. Offline channels are still the most prominent and widely used distribution channel for fitness products and services worldwide. The dominance of this channel is attributed to the widespread availability of bricks-and-mortar gyms that offer physical locations for customers to try before they buy, as well as easy access to different product models through personal training sessions at affordable prices.
Online sales are projected to grow at a significant rate during the forecast period owing to increasing internet penetration across various regions, especially in countries such as India and China where online shopping was initially limited only to luxury goods but has now grown into an economic necessity due to massive population growth and rising income levels among consumers there.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to high demand for balance balls from fitness centers, spas, and physical therapy clinics. In addition, increasing number of companies manufacturing innovative products is also expected to drive growth over the next eight years. Europe accounted for a significant share of revenue in 2017 due to growing popularity of sports activities among people in countries including Germany, France, Italy and U.K., which has increased consumer awareness about health & fitness issues as well as injuries prevention through sport activities.
Growth Factors:
- Increasing awareness about the health benefits of balance ball exercises
- Rising demand for fitness and exercise equipment among the health-conscious population
- Growing popularity of Pilates and yoga exercises, which use balance balls extensively
- Proliferation of online fitness programs that include balance ball workouts
- Increased availability of affordable balance balls in different sizes and colors
Scope Of The Report
Report Attributes
Report Details
Report Title
Balance Ball Market Research Report
By Type
55cm, 65cm, 75cm, Other
By Application
Offline Sales, Online Sales
By Companies
Gaiam, CAN DO, Wacces Fitness, TheraBand, Balanced Body, CoolBoard, Arteesol, Bosu, Bigtree, Gonex, URBNFit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Balance Ball Market Report Segments:
The global Balance Ball market is segmented on the basis of:
Types
55cm, 65cm, 75cm, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline Sales, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gaiam
- CAN DO
- Wacces Fitness
- TheraBand
- Balanced Body
- CoolBoard
- Arteesol
- Bosu
- Bigtree
- Gonex
- URBNFit
Highlights of The Balance Ball Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 55cm
- 65cm
- 75cm
- Other
- By Application:
- Offline Sales
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balance Ball Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A balance ball is a type of exercise ball that is used to improve balance and coordination.
Some of the key players operating in the balance ball market are Gaiam, CAN DO, Wacces Fitness, TheraBand, Balanced Body, CoolBoard, Arteesol, Bosu, Bigtree, Gonex, URBNFit.
The balance ball market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balance Ball Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Balance Ball Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Balance Ball Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Balance Ball Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Balance Ball Market Size & Forecast, 2018-2028
4.5.1 Balance Ball Market Size and Y-o-Y Growth
4.5.2 Balance Ball Market Absolute $ Opportunity
Chapter 5 Global Balance Ball Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Balance Ball Market Size Forecast by Type
5.2.1 55cm
5.2.2 65cm
5.2.3 75cm
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Balance Ball Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Balance Ball Market Size Forecast by Applications
6.2.1 Offline Sales
6.2.2 Online Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Balance Ball Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Balance Ball Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Balance Ball Analysis and Forecast
9.1 Introduction
9.2 North America Balance Ball Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Balance Ball Market Size Forecast by Type
9.6.1 55cm
9.6.2 65cm
9.6.3 75cm
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Balance Ball Market Size Forecast by Applications
9.10.1 Offline Sales
9.10.2 Online Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Balance Ball Analysis and Forecast
10.1 Introduction
10.2 Europe Balance Ball Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Balance Ball Market Size Forecast by Type
10.6.1 55cm
10.6.2 65cm
10.6.3 75cm
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Balance Ball Market Size Forecast by Applications
10.10.1 Offline Sales
10.10.2 Online Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Balance Ball Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Balance Ball Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Balance Ball Market Size Forecast by Type
11.6.1 55cm
11.6.2 65cm
11.6.3 75cm
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Balance Ball Market Size Forecast by Applications
11.10.1 Offline Sales
11.10.2 Online Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Balance Ball Analysis and Forecast
12.1 Introduction
12.2 Latin America Balance Ball Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Balance Ball Market Size Forecast by Type
12.6.1 55cm
12.6.2 65cm
12.6.3 75cm
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Balance Ball Market Size Forecast by Applications
12.10.1 Offline Sales
12.10.2 Online Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Balance Ball Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Balance Ball Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Balance Ball Market Size Forecast by Type
13.6.1 55cm
13.6.2 65cm
13.6.3 75cm
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Balance Ball Market Size Forecast by Applications
13.10.1 Offline Sales
13.10.2 Online Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Balance Ball Market: Competitive Dashboard
14.2 Global Balance Ball Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gaiam
14.3.2 CAN DO
14.3.3 Wacces Fitness
14.3.4 TheraBand
14.3.5 Balanced Body
14.3.6 CoolBoard
14.3.7 Arteesol
14.3.8 Bosu
14.3.9 Bigtree
14.3.10 Gonex
14.3.11 URBNFit
