- Corona epidemics have led to increased health awareness and increased spending on fitness
- Rs. Demand for fitness belts ranging from Rs 1,000 to Rs 1 lakh, attractive discounts in 60 per cent market online segment
The first happiness is to do it by yourself…. As the saying goes, the Corona epidemic has put most people in a health-conscious position. Due to which the demand for health products has increased manifold after Corona. Demand for fitness belt-watch-gadgets has increased by 250 per cent. The market for fitness products in Gujarat is projected to cross Rs 1,000 crore by the end of the year, according to manufacturers and vendors. Which was only Rs 375-400 crore last year. After Coro, 75-80 percent of people are aware of their health. Not only that, they are buying fitness products on a large scale to take care of their health by reducing the visits of gyms, fitness centers and doctors. More than 70 per cent of the total fitness products sold in the country are dominated by Chinese companies.
Demand by range
Range | Demand |
1000-25000 | 70% |
25000-50000 | 20% |
50000-100000 | 7% |
More than a million | 3 % |
One in five have diabetes, obesity, heart problems … fitness is needed to control the disease
One in five suffers from stress, diabetes, obesity, thyroid, heart-related ailments for which fitness belts have raised health awareness. The fitness product reminds you that you need fitness. You need more than luck to succeed in affiliate business. Indicates whether your target is met. Provides information such as heartbeats, pulses, ECG.
The dominance of 75% Chinese product, decline in imports
The dominance of Chinese products in electronics gadgets is still intact. In the low budget segment in health products, there is huge consumer demand for Chinese goods. More than 75% of the total sales of fitness belts, gadgets-watches come from Chinese goods. The product is being sold despite restrictions on imports from China.
Achieving some features in a fitness belt
Fitness belts are gaining traction among health-conscious people. Fitness belt has features like step count, heartbeat, pulses, cycling, gyming, sleep tracker, ECG etc. with timing, call receiving, message, WhatsApp is really …
Blood sugar will be available in a fitness belt
In the next short period of time, apart from puncturing the body, blood sugar will also be known only through the fitness belt. This fitness belt will be a boon for patients suffering from blood sugar disease. In addition, companies will launch models with other more attractive features in the near future.
- The market for 70% traditional watches fell with the advent of fitness belts
- The fitness belt market grew after 250% corona
- More than 1000 crore fitness products will be sold this year
The market for traditional watches fell by 70 percent with the advent of the fitness belt
According to Yatin Shah of MG VIP Loans, the market for fitness belts has been growing steadily for the past five years. The traditional watch market has shrunk by 70 per cent against growth that has more than doubled in the last two years. Branded companies that used to manufacture and sell only traditional watches have also entered the market by adding fitness features.
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Fitness belts are not a cost, but an investment behind health
Physiotherapist Dr. of Master Fitness Trainer. According to Pinal Mashru Thakkar, more than 80 per cent people are suffering from sedentary life, stress, obesity and therefore fitness belts are essential. Reminds you on a daily basis how far you have walked, keeping you health-conscious. A physiotherapist can consult a health trainer to prevent the onset of illness. It is not wrong to say that fitness belt is not a cost but a health investment.