Product Code: ETC014511 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Sri Lanka Fitness Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.47% in 2027, following an initial rate of 8.58%, before easing to 6.43% at the end of the period.
The Fitness Equipment market in Sri Lanka is projected to grow at a high growth rate of 11.47% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The fitness equipment industry in Sri Lanka is expected to grow over the forecast period of 2020-2026. The growth can be attributed to increasing awareness about physical and mental health, rising disposable incomes, and increased availability of advanced products at competitive prices. Moreover, a growing number of gyms and fitness centers are expected to create demand for high-end fitness equipment such as elliptical trainers, treadmills, stationary bikes etc., thereby fuelling market growth. Furthermore, with technological advancements like interactive gaming consoles being integrated into machines making exercising more fun and engaging is likely to propel the market during this period. In addition, initiatives taken by government organizations such as National Youth Service Council (NYSC) which offers training programs on exercise science including use of modern gym equipment are expected to further drive the demand for these products in coming years
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 Sri Lanka Fitness Equipment Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Fitness Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Fitness Equipment Market - Industry Life Cycle |
3.4 Sri Lanka Fitness Equipment Market - Porter's Five Forces |
3.5 Sri Lanka Fitness Equipment Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Sri Lanka Fitness Equipment Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Sri Lanka Fitness Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Fitness Equipment Market Trends |
6 Sri Lanka Fitness Equipment Market, By Types |
6.1 Sri Lanka Fitness Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Fitness Equipment Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Sri Lanka Fitness Equipment Market Revenues & Volume, By Cardiovascular Training Equipment, 2016 - 2026F |
6.1.4 Sri Lanka Fitness Equipment Market Revenues & Volume, By Strength Training Equipment, 2016 - 2026F |
6.1.5 Sri Lanka Fitness Equipment Market Revenues & Volume, By Other Equipment, 2016 - 2026F |
6.2 Sri Lanka Fitness Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Fitness Equipment Market Revenues & Volume, By Home consumer, 2016 - 2026F |
6.2.3 Sri Lanka Fitness Equipment Market Revenues & Volume, By Health club/gym, 2016 - 2026F |
6.2.4 Sri Lanka Fitness Equipment Market Revenues & Volume, By Other commercial user, 2016 - 2026F |
7 Sri Lanka Fitness Equipment Market Import-Export Trade Statistics |
7.1 Sri Lanka Fitness Equipment Market Export to Major Countries |
7.2 Sri Lanka Fitness Equipment Market Imports from Major Countries |
8 Sri Lanka Fitness Equipment Market Key Performance Indicators |
9 Sri Lanka Fitness Equipment Market - Opportunity Assessment |
9.1 Sri Lanka Fitness Equipment Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Sri Lanka Fitness Equipment Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Sri Lanka Fitness Equipment Market - Competitive Landscape |
10.1 Sri Lanka Fitness Equipment Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Fitness Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |