Market Overview:
The global smart sandbag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart sandbags in gyms, offices, and homes. Additionally, the growing awareness about the benefits of using smart sandbags is also contributing to the growth of this market. The global smart sandbag market can be segmented on the basis of type into small, medium, and large sizes. The small size segment is expected to account for a major share of the global market due to its low price and easy portability. On the basis of application, this market can be divided into gyms, offices, and homes.
Product Definition:
Smart sandbags are filled with a material that can be compressed, such as plastic beads or recycled glass. This allows the sandbag to be easily moved and stored when not in use. When needed, the bag can be quickly filled with earth or other weighty material to provide stability against strong winds or flooding.
Small:
Small is a new technology that has evolved from the sandbag industry over the past few years. It is an innovative way to build safer and stronger buildings using less material by using smaller bags of concrete, sand or gravel. Small can be used in combination with other materials such as big (large bags) and regular (smaller than small) for higher strength to weight ratio structures.
The global market size was valued at USD 1,37,500 thousand in 2015.
Medium:
The medium is a mixture of cement, sand and water used in the manufacturing of smart sandbags. It helps in providing stability to the sandbag while it is being filled and also provides resistance to water during its transportation.
The product finds application in various industries including construction, mining, oil & gas and marine among others.
Application Insights:
The gym application segment led the global smart sandbag market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing number of fitness centers across the globe, which are adopting smart equipment for training purposes. Moreover, rising health concerns among people regarding their bodies¢â‚¬â„¢ weight loss and fitness is driving them toward gymnasiums for better workout routines. This factor is expected to drive demand for smart bags in gyms over the next few years.
Office application accounted for 23% share of total revenue in 2017 owing to its ability to reduce stress on shoulders by providing ergonomic workstation solutions with improved comfort and supportive seating options thereby improving worker productivity through smarter chairs & tables that adjust themselves according these requirements based on user¢â‚¬â„¢s body posture thus making it more efficient than traditional office furniture does.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing awareness about health and fitness, along with presence of several key industry players in this region. Moreover, rising number of military and law enforcement personnel is anticipated to drive the demand for sandbags in North America as they are used for protection against explosive devices and ammunition storage.
Asia Pacific is expected to expand at a significant CAGR over the forecast period owing to growing construction industry coupled with government initiatives aimed at building disaster resilient structures such as schools, hospitals, offices etc., especially after occurrence of natural calamities such as hurricanes Katrina (2005), Sandy (2012) earthquakes etc., which resulted into property damage or loss of life.
Growth Factors:
- Increasing demand for smart sandbags from the construction industry as a result of growing awareness about their benefits over traditional sandbags.
- Rising demand for smart sandbags from the military and defense sector owing to their features such as portability, durability, and resistance to weather conditions.
- Growing popularity of smart sandbags among homeowners due to their ability to prevent flooding and water damage in case of emergencies.
- Increasing use of smart sandbags by municipalities and government agencies for flood control and prevention measures across regions with high risk of floods.
- Proliferation of e-commerce platforms that offer a wide range of smart sandbag products, making them more accessible to consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Sandbag Market Research Report
By Type
Small, Medium, Large
By Application
Gym, Office, Home
By Companies
AquaBloom International Sports Technology Group(ABSG), Impulse (QingDao) Health Tech, Guangzhou Xunqie Software Technology
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Smart Sandbag Market Report Segments:
The global Smart Sandbag market is segmented on the basis of:
Types
Small, Medium, Large
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
Gym, Office, Home
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:
- AquaBloom International Sports Technology Group(ABSG)
- Impulse (QingDao) Health Tech
- Guangzhou Xunqie Software Technology
Highlights of The Smart Sandbag 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:
- Small
- Medium
- Large
- By Application:
- Gym
- Office
- Home
- 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 Smart Sandbag 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?
Smart Sandbag is a smart sandbag that can be controlled by an app. It has sensors that track the user's movement and can adjust its weight to ensure it remains in place during workouts.
Some of the major players in the smart sandbag market are AquaBloom International Sports Technology Group(ABSG), Impulse (QingDao) Health Tech, Guangzhou Xunqie Software Technology.
The smart sandbag market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Sandbag 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 Smart Sandbag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Sandbag 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 Smart Sandbag 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 Smart Sandbag Market Size & Forecast, 2018-2028
4.5.1 Smart Sandbag Market Size and Y-o-Y Growth
4.5.2 Smart Sandbag Market Absolute $ Opportunity
Chapter 5 Global Smart Sandbag 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 Smart Sandbag Market Size Forecast by Type
5.2.1 Small
5.2.2 Medium
5.2.3 Large
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Sandbag 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 Smart Sandbag Market Size Forecast by Applications
6.2.1 Gym
6.2.2 Office
6.2.3 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Sandbag 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 Smart Sandbag 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 Smart Sandbag Analysis and Forecast
9.1 Introduction
9.2 North America Smart Sandbag 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 Smart Sandbag Market Size Forecast by Type
9.6.1 Small
9.6.2 Medium
9.6.3 Large
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 Smart Sandbag Market Size Forecast by Applications
9.10.1 Gym
9.10.2 Office
9.10.3 Home
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 Smart Sandbag Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Sandbag 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 Smart Sandbag Market Size Forecast by Type
10.6.1 Small
10.6.2 Medium
10.6.3 Large
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 Smart Sandbag Market Size Forecast by Applications
10.10.1 Gym
10.10.2 Office
10.10.3 Home
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 Smart Sandbag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Sandbag 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 Smart Sandbag Market Size Forecast by Type
11.6.1 Small
11.6.2 Medium
11.6.3 Large
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 Smart Sandbag Market Size Forecast by Applications
11.10.1 Gym
11.10.2 Office
11.10.3 Home
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 Smart Sandbag Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Sandbag 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 Smart Sandbag Market Size Forecast by Type
12.6.1 Small
12.6.2 Medium
12.6.3 Large
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 Smart Sandbag Market Size Forecast by Applications
12.10.1 Gym
12.10.2 Office
12.10.3 Home
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) Smart Sandbag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Sandbag 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) Smart Sandbag Market Size Forecast by Type
13.6.1 Small
13.6.2 Medium
13.6.3 Large
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) Smart Sandbag Market Size Forecast by Applications
13.10.1 Gym
13.10.2 Office
13.10.3 Home
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 Smart Sandbag Market: Competitive Dashboard
14.2 Global Smart Sandbag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AquaBloom International Sports Technology Group(ABSG)
14.3.2 Impulse (QingDao) Health Tech
14.3.3 Guangzhou Xunqie Software Technology
