India, Aug. 7 -- Taiwan is emerging as a powerhouse in the global sports, wellness, and fitness industries-fueled by its cutting-edge manufacturing capabilities and deep-rooted expertise in electronics and ICT infrastructure. The growth is backed by strong market upsurge: Taiwan's health and wellness sector alone reached USD 15.22 billion in 2024 and is projected to hit USD 20.70 billion by 2033.

Globally, the sports equipment market is on a similar growth trajectory, expected to rise from USD 332.6 billion in 2022 to USD 625.4 billion by 2032. This era of precision performance is all about the gear that powers the game.

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