Plyo Box Market Research, 2031
The global Plyo Box Market Size was valued at $219.3 million in 2021 and is projected to reach $355.5 million by 2031, growing at a CAGR of 5% from 2022 to 2031.
Plyo boxes are used as platforms for plyometric exercise, such as box jumps or depth jumps. Commercial versions come in a variety of heights for different ability levels. They are also commonly home-constructed out of plywood, owing to cost efficiency, ease of construction, and versatility.
The plyo box market is segmented into Product Type, Application and Distribution Channel.
Plyometric box, also known as a plyo box, is a piece of training equipment used for plyometric exercises. Plyometric exercises are a type of explosive power training that uses muscle elasticity to produce rapid, forceful movements. Plyometric box provides a stable platform for performing plyometric exercises such as box jumps, box squats, and box step-ups.
Two most common activities for maintaining good health and enhancing strength and endurance are exercise and training. Plyo jump boxes are among the best equipment for developing strength using only body weight and are incredibly adaptable. In addition, they are not simply for leaping off. They can be used for a variety of aerobic and strengthening activities for upper and lower bodies.
According to the ourworldindata.org, 5.02 million people worldwide died in 2019 as a result of obesity, making it the fifth leading cause of death worldwide. The pandemic has also had a bigger impact on behavior of people as the global population gained weight during the lockdown as a result of the limitations on outdoor mobility. People are visiting open gyms, fitness centers, and parks to work out and get fitter as awareness of fight against obesity grows. Fitness enthusiasts reportedly benefit from advantages such as increased heart and lung health, higher physical strength, endurance, and motor fitness improved muscle tone & strength, weight management, stronger bones, lower chance of osteoporosis, and better coordination, agility, and flexibility. In addition, an increase in awareness regarding physical fitness is leading to the growth of the plyo box market.
Substantial risk of injury associated with plyometric training is a drawback for the plyo box market. Plyometric training is a continuum like all sports and exercises, where novices start with light exercise and low volume and then advance gradually as their strength increases. Jumping and bouncing repeatedly can put a strain on joints. If someone has arthritis or other joint problems, they need to avoid doing plyometrics unless a doctor gives all-clear. Muscles around joints are weaker and may not provide necessary support if untrained, hence, the risk of strains increases. Thus, these are some factors that restrain the market growth.
Multiple benefits of plyo boxes, such as increased vertical jump, Lessening load on the body, improved power and explosiveness, pistol-squat progressions, easily adjustability, and more box jumps, are attracting a large number of consumers and provide a great opportunity for market players. For athletes who need to leap, jump, and otherwise explode, plyo boxes are a no-brainer.
Unlike jumping straight up and down, plyo boxes lessen musculoskeletal impact by removing the drop part of jumping. With box jumps, there is just a soft landing at the top of jump, making it a low-impact form of ballistic training. Benefits such as these are getting traction of consumers and creating opportunities in the plyo box market.
The fitness industry is one of those most ruined by COVID-19, and social distancing will continue to make several fitness premises shut down. The lockdown scenario globally interrupted the fitness industry, since the beginning of March 2020. The coronavirus pandemic and lockdown have a shift in consumer behavior, with more people opting for home fitness options, and led to the rise of home fitness equipment. Keen to stay safe and to maintain social distance, most of people shifting towards home fitness equipment.
Later regulating bodies have allowed few extensions to start production facilities that offer huge demand for home fitness equipment such as plyo boxes. As gyms and fitness centers shut down, e-commerce gave a big uplift to home fitness accessories. During lockdown e-commerce played an important role in supply chain as compared to physical stores in selling equipment.
The plyo box market is segmented on the basis of product type, application, distribution channel, and region. By product type, the market is divided into wooden plyo boxes, plastic plyo boxes, and metal plyo boxes. By application, it is segmented into commercial and household. By distribution channel, it is segmented into online and offline. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, Belgium, Netherland, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Indonesia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, United Arab Emirates, Saudi Arabia, Chile, Turkey, and the rest of LAMEA).
Based on the product type, Wooden plyometric boxes held the major share in the market in 2021. A wooden plyo box is used for various trainings in sports and exercise. Nowadays, people are more attracted toward fitness and physical activities, which, in turn, augments growth of the wood plyo segment. The plastic plyo box market size was estimated to reach $119.2 million by 2031, at a significant CAGR of 5.0% during the forecast period.
Based on the application, household segment witness major growth rate during the Plyo Box Market Forecast period. Increase in awareness regarding fitness and self-care of individuals propels the Plyo Box Market Demand. The adoption of plyo boxes at home is expected to increase in the coming years. A sedentary lifestyle and hectic schedules have led to the adoption of fitness equipment for the household application. Exercising at home using fitness equipment saves gym membership expenses, which acts as a key driving force of the global market.
Based on the distribution channel, online segment witness major growth rate during the forecast period. Increase in penetration of various online portals in developing regions and rise in number of offers or discounts attract consumers to purchase plyo boxes through online channel. Moreover, online sales channel has increased the consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to expand in the future, owing to rapid growth in online and mobile user customer bases in emerging markets. Increase in e-commerce sales, improvements in logistics services, and ease in payment options for major brands further boost growth of the plyo box market.
Region wise, North America held the major Plyo Box Market Share in 2021. It has been observed that people in this region are more involved in gym and fitness. U.S. and Canada in the region are more advance in technology and invention, hence there is a great variety of products available in the market. Industrial advancements in the region have led to availability of plyo boxes easily. Increase in sportsmen has also led to Plyo Box Market Growth. According to data by the datausa, number of people employed as athletes and sports competitors has been growing at a rate of 7.85%, from 33,298 people in 2018 to 35,913 people in 2019. Moreover, there is an increase in use of plyo box in military training, which is expected to create an enormous opportunity for key players to introduce new products in the market.
The key players profiled in Plyo Box Industry include Body Revolution, Escape Fitness, MYO Strength, Mirafit, Physical Company, SF HealthTech, Technogym, Titan Fitness, Universal Legguard Works, and Yes4All Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plyo box market analysis from 2021 to 2031 to identify the prevailing plyo box market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the plyo box market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the Plyo Box Industry players.
- The report includes the analysis of the regional as well as global plyo box market trends, key players, market segments, application areas, and market growth strategies.
Plyo Box Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 355.5 million |
 Growth Rate | CAGR of 5% |
 Forecast period | 2021 - 2031 |
 Report Pages | 205 |
 By Product Type |
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 By Application |
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 By Distribution Channel |
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 By Region |
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 Key Market Players | Body Revolution, Physical Company, Mirafit, Yes4All, Technogym, Escape Fitness Ltd, USI Universal, MYO strength, SF HealthTech, Titan Fitness, LLC |
Analyst Review
According to CXOs, the COVID-19 pandemic impacted growth of the global plyo box industry, however, it has raised awareness among consumers to maintain proper fitness as exercising regularly aid in improving fitness and benefit in the long term. Rise in awareness among consumers has forced them to get into fitness, which, in return, increased demand for the fitness equipment.
Furthermore, governments of different countries are taking initiatives for building fitness centers for their citizens and motivating them to get into fitness. These initiatives taken by governments are expected to increase sales of fitness products, therefore, boosting growth of the overall plyo box industry.
increase in awareness toward leading a healthy lifestyle, Increase in prevalence of obesity and rise in health consciousness are the upcoming trends of Plyo Box Market in the world.
Commercial is the leading application of Plyo Box Market.
North America is the largest regional market for Plyo Box,
The global plyo box market was valued at $219.3 million in 2021, and is projected to reach $355.5 million by 2031, registering a CAGR of 5.0% from 2022 to 2031.
The Key players in the plyo box market include Body Revolution, Escape Fitness, MYO Strength, Mirafit, Physical Company, SF HealthTech, Technogym, Titan Fitness, Universal Legguard Works, and Yes4All Inc.
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