China Fitness Market Research Report, 2029

China's fitness industry is an interesting crossroads between ancient traditions and modern influences. Physical cultivation, represented by centuries-old practices such as Tai Chi, Qigong, and Kung Fu, has become pre-eminent in the culture and heritage of the Chinese people, fostering harmony in the body and spirit of the individual. Over the last few decades, rapid urbanization, rising disposable incomes, and the echoes of Western fitness trends have marked the beginning of a cultural pivot toward modern exercise modalities. It allows for the advancement of fitness; today, giant international fitness chains such as Fitness First have opened stores in cities, and new homegrown brands like Lefit are quickly gaining ground. The mass accessibility of fitness through e-fitness platforms and mobile apps has provided features like Keep and Lean Cloud, permitting virtual workout sessions and personalized training programs for the masses. The demand further accelerated with the COVID-19 pandemic, where even companies like Precor and domestic brands upping this trend include BH Fitness. As exercise seeps into the everyday, there has been another surge of demand for fitness apparel and accessories, where although international brands, including Nike, and others like Adidas, struggle, the domestic labels Anta and Li-Ning have succeeded. Recognized as such, the Chinese government has, as a result, taken steps to promote physical activity through such efforts as the "National Fitness Program." An important feature of this modernization is the revival and emergence of traditional forms of exercise-such as Tai Chi and Qigong-principally through private clubs and various fitness centers. While issues such as regional differences in access and affordability still come across as challenges, the integration of technology, provision of personalized fitness solutions, and an increase in facilities in underserved areas present opportunities. China's fitness industry reflects a unique blend as it integrates changes in cultural values, government policies, and an increasing health consciousness of its population spurred on by new trends. According to the research report "China Fitness Market Research Report, 2029," published by Actual Market Research, the China Fitness market is anticipated to grow at more than 11% CAGR from 2024 to 2029. The rise of China's fitness industry has come into place as a critical solution to the health challenges accompanying well-being. The industry, with its steady focus on health and fitness, offers a dual guarantee which is one of the ensuring physical wellness and the other one contributing toward mental wellness while fostering community engagement. Fitness centers, home exercise equipment, and online fitness services are also good homes for the ambitious goals of China in relation to enhancing public health and reducing associated medical expenses. In this regard, the role of the government was in encouraging uptake through various subsidies, motivating awards, and supporting policies in the direction of creating a favorable investment climate on both individual and commercial levels. Gyms pay more holistic attention to healthy living, combining sport-orientated exercise equipment with technologically based solutions such as intelligent equipment and online training services. These advances have often hailed as sustainable and efficient methods of improving physical activity and well-being. Fitness services are commonly used for exercising, rehabilitation, and fitness in the household, business and industrial markets. China is known for its good technical environment and the presence of several improvements by other developed countries in the high quality fitness equipment, digitization platforms have resulted in various high-quality fitness services for individuals at an affordable price. The second point furthered by wearable technology is power in integrative with health and apps on other functions to enhance lure for ensuring better user engagement and individualized fitness experience. Awareness of lifestyle-related health issues and concerns and a collective desire to contribute to deliver a healthier society could probably be the two biggest factors fostering the development of the fitness industry in China. The fitness market in China is growing massively with rising demand and driving innovation and cooperation both at home and abroad. By merging technological integration and consumer engagement, companies such as Keep, a popular fitness app, and Xiaomi, through its line of fitness trackers, are redefining the future of fitness in China.

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Based on the report, the China Fitness market by type is segmented as Cardiovascular training equipment, Strength training equipment, Fitness monitoring equipment, Fitness accessories and others . Cardiovascular training equipment includes treadmills, ellipticals, stationary bikes, and rowing machines. Among the most favorite fitness equipment in China is treadmills. For example, a treadmill in one year has been reported to boost sales at Chinese Company "Nautilus Inc". Strength training equipment includes machines used to build muscle strength such as weight machines, free weights, and resistance bands. The segment gains ground in China’s focus is centered on functional training with the use of cable machines and functional trainers. Fitness monitoring equipment includes heart rate monitors, fitness trackers, and smart watches, among other devices, for use by an individual to monitor and achieve physical fitness. This market segment is one of the fastest-growing in China and is primarily driven by full smartphone penetration as well as the rapidly growing mobile health apps. For instance, the Chinese company "Xiaomi" takes one of the global leading positions in the market for fitness trackers. Its range is huge, and it is very budgetary and useful. Well-known fitness accessories include the likes of yoga mats, exercise balls, or resistance bands to provide better workouts or stretches. As expected, these are used heavily in China. These have again increased their usage. For instance, traditional Chinese exercises like Tai Chi and Qigong are getting more weightage in this segment. Other trends shaping the Chinese fitness market include boutique and specialty fitness studios, such as HIIT and spinning studios, virtual, and online fitness classes. The health club and gym segment has seen booming growth in China over the last few years with booming disposable incomes and a gradually health-conscious population. Leading chain stores, including Will's Fitness, Hered Fitness, and Lefit fitness, have expanded coverage by opening branches in all major cities, complete with comprehensive facilities such as the latest equipment, group exercise classes, and one-on-one personal training. China's online fitness market is surging. Besides programs of virtual workouts and on-demand classes, there is the convenience of personalized cloud-based coaching, if not one-on-one instruction. These online options meet the needs of urban Chinese consumers who increasingly lead busy lives and want to exercise from the comfort and convenience of their homes or wherever they are. Coupled with the popularity of both high-intensity interval training and functional fitness, the Chinese market experienced an enormous increase in demand for home use fitness equipment and accessories. More important are some of the most familiar companies that dominate the region like Precor, Life Fitness, and BH Fitness. It offers a variety of cardiovascular machines, strength equipment, and other accessories for a home facilities. Corporate wellness programs seem to be one of the trends diffusing into Chinese organizations as employers are now recognizing that keeping workers on a healthy lifestyle is a win-win situation. Educational institutions, colleges, and universities have established fitness centers and recreational centers to support students and staff members to venture into physical activities. Present across these facilities are a plethora of cardiovascular machines and strength equipment, group exercise classes, and sport programs. Medical and rehabilitation centers in China also incorporate the use of fitness programs and equipment in the treatment process to aid quick recovery. Most physical therapists and rehabilitation specialists also make use of specific exercise regiments and special equipment to help gain strength, mobility, and functional independence. Fitness tourism is a new and burgeoning segment in China, with places like Yunnan Province and the Himalayan region drawing much health-conscious traffic to their active vacations, outdoor adventure activities, and unique experiences in terms of fitness. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Fitness market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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Kripa Shah

Senior Analyst

By Product • Cardiovascular training Equipment • Strength training Equipment • Fitness monitoring Equipment • Fitness Accessories • Others By Application • Health Club And Gyms • Online Fitness • Home fitness • Others The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

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Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Fitness industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.