Forecast: Import of Physical Exercise, Gymnasium and Athletics Equipment to Thailand

The import of physical exercise, gymnasium, and athletics equipment to Thailand has witnessed notable growth from 2013 to 2023, with an increase from $46.313 million in 2013 to $109.62 million in 2023. Year-on-year variations show peaks in 2015 (30.68%) and 2018 (21.95%), while periods of slower growth occurred in 2019 (1.57%) and 2020 (0.14%). The Compound Annual Growth Rate (CAGR) has shown a decelerating trend, moving from 24.64% between 2013-2015 to 4.21% between 2019-2023. Forecasts from 2024 to 2028 predict moderate growth with a forecast 5-year CAGR of 2.87%.

Future trends to watch for:

  • Potential impacts of evolving fitness trends and technologies.
  • Consistency in import growth aligned with increasing health awareness.
  • Economic and policy changes in Thailand that may influence import regulations and costs.

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