Vietnam Fitness Equipment Market Industry Trends & Forecast Report, 2030
BlueWeave Consulting, a leading strategic consulting, and Market research firm, in its recent study, estimated Vietnam Fitness Equipment Market size by value at USD 209 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Vietnam Fitness Equipment Market size to expand at a CAGR of 5.20% reaching a value of USD 284.2 million in 2030. The demand for fitness equipment in Vietnam is driven by increasing health and wellness awareness, rising disposable income, urban population growth, and the country's young population. Government initiatives like encouraging physical activities and accelerating fitness equipment demand boost the market growth. The growing gym/fitness centers due to personal grooming consciousness and easy access also drive the market growth further. In addition, government policies and foreign investment drive competition, with online platforms and low-cost imported products boosting business opportunities ...