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Rising youth population across these countries would drive the adoption of strength training equipment. Drivers & Constraints. In 2020, world’s 39% of adults aged 18 years and above were overweight and 13% were obese. 1. The global fitness equipment market size is expected to value at USD 13.24 billion by 2022. Found inside – Page 92Foreign products supply about 75% of the security equipment market in Brazil and U.S. products retain about 50% of the import market share. The cardiovascular training equipment segment is bifurcated into treadmill, elliptical, stationary bike, rowing machine, and others. With increase consciousness about fitness and growing popularity of water exercises, demand of aquatic fitness equipments are increasing considerably. Global sports equipment market size 2012 to 2023. The availability of robust internet connectivity across developing and developed economies has enabled fast video streaming. According to Dailywireless.org statistics, as of January 2019, there were around 4.4 billion active internet users, corresponding to 57% of the global population. Additional offerings such as gym training, diet plans, swimming facilities, and spas, add to the competitive benefit of health clubs. The industry is highly competitive and is driven by technological and product innovations. Yet, soaring demand from developing economies across the globe are predicted to boost the demand for the fitness equipment over the forecast period. Big Market Research Sep 09, 2015, 08:49 ET. Fitness Equipment and Indoor Sports Centers Market Global Industry Size, Share, Analysis, Trend & Future Planning By region, Asia-Pacific is anticipated to grow with robust CAGR of 5.7% during the forecast period. Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and increase in youth population are the major factors that drive the growth of the global fitness equipment market size. Growing popularity of the strength training fitness equipment segment kits is attributed to the growing demand form developing economies worldwide, rising young population and growing personal disposable incomes. DUBLIN-- ( BUSINESS WIRE )--The "Home Fitness Equipment Global Market Report 2020-30: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering. This report provides the strategists, marketers and senior management with the critical information they need to assess the global home fitness equipment market. IndexBox has just published a new report: ‘EU – Gym and Fitness Equipment – Market Analysis, Forecast, Size, Trends and Insights’.Here is a summary of the report’s key findings. Found inside – Page 81 Dedicated to Customer Satisfaction for over 10 Years Pocket size. Work with a 22 - year supplier of health and fitness equipment This 28 - Year Specialist ... Get more details on this report - Request Free Sample PDF The expanding virtual fitness market will spur the demand for high-quality fitness … Increasing adoption of fitness equipment helps to prevent and monitor chronic diseases such as diabetes. The report gives a detailed insight into the market size, recent trends, growth rate, and industry statistics. The fitness equipment that are increasingly used include treadmills, standing bicycles, abs & fitness twister, roller slide, cross trainer, and weightlifting machines. Rapid digitalization of the health and fitness industry has resulted in the utilization of smart machines and devices to exercise. Countries such as India, China, Japan and South Korea are leading the Asia-Pacific market with rising health consciousness among general population, increasing personal disposable income, and significant investment by leading industry players considering potential growth opportunities in the region. The global home fitness equipment market is expected to grow from $6.76 billion in 2019 to $9.49 billion in 2020 at a compound annual growth rate (CAGR) of 40.4%. Countries such as China and India are witnessing rapid growth in the fitness devices industry. Cardiovascular training equipment segment occupied more than 50% of the industry and is projected to grow at a CAGR over 3.5% from 2015 to 2022. Global fitness equipment market added up for almost USD 10.00 Billion in 2015 and is likely to reach almost USD 12.50 Billion by 2021, developing at a CAGR of almost 4.0% from 2016 to 2021. The sales of prominent electronic companies is expected to be affected in the near future. Complimentary 10 hours free analyst time for market review, 3. Fitness Equipment Market Size 2021-2026 presents detailed competitive analysis including the market Share, Size, Future scope. However, counterfeiting of fitness equipment is a key restraining factor of the market. The Home Fitness Equipment market is expected to … On the contrary, upsurge in youth population, improved lifestyle, and rise in disposable income of individual in developing countries are anticipated to offer immense opportunities for the market players. A recently updated report based namely Global Fitness Equipment Market Growth 2021-2026 mainly elaborates the definition, types, applications, and major players of the market in detail. Found insideBased on natural laws that govern all of creation, this book shatters the myth that success is the result of hard work, exacting plans, or driving ambition. Found inside – Page 124These hotels will procure high-end fitness equipment, such as treadmills, ... Total Market Size $2,751,790 $2,793,750 $2,850,000 $2,907,500 Total Local ... For more information on this site, please read our Privacy Policy, Terms of Service, and Ad Choices. Industry Trends. online dashboard trial. The industry is expected to witness change and realignments in terms of manufacturing cost, outsourcing terms, and operational strategies. However, high initial cost and increase in the resale activities of used devices are predicted to restrain market growth to a certain limit. Building good core strength is key to fitness, helping to improve mobility, correcting poor posture, and reducing the risk of injury. Get an access to the library of reports at any time from any device and anywhere. The development in inactive lifestyle and fast life is driving interest in fitness equipment. Initiatives such as corporate wellness programs also contribute to industry growth. However, lack of space at home and higher cost of equipment are significant limitations for the home usage segment. The report on Global Functional Fitness Equipment Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Free upgrade to enterprise license (allows to share across all company locations), 5. In addition, the book is highly illustrated with line drawings and photographs which help to reinforce explanations and examples. Found insideStartup money is moving online, and this guide shows you how it works. The Art of Startup Fundraising takes a fresh look at raising money for startups, with a focus on the changing face of startup finance. 3.4.1 Japan Commercial Gym Equipment Market Size and Growth Rate of Treadmills from 2014 to 2026. The growth of the market is driven by the increasing adoption of smart home gym equipment’s majorly owing to the recent outbreak of COVID-19 in December 2019. The global fitness equipment market has increased at a significant CAGR during the years 2014-2015 and projections are made that the market would rise in the next four years i.e. Global Lateral Fitness Equipment Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 is the fresh report by MarketQuest.biz that is formulated with the exact understanding of customer requirements. In Asia Pacific, the market is significantly driven by developed countries such as Japan and South Korea. Global Fitness Equipment Market Size, Global Trends, Demand, Analysis, Opportunities, Segmentation and Forecast, 2014 - 2020 News provided by. The global home gym equipment market size to cross USD 31 billion by 2025, growing at a CAGR of 8.5% during the forecast period. Found inside – Page 142FITNESS. EQUIPMENT. Irael has, on a per/capita basis, by far the largest fitness industry in the Middle East. There are over 1,500 gyms serving over 2 ... of pages : 95 Global Fitness Equipment Market Forecast 2014 - 2020 2. The industry is expected to witness change and realignments in terms of manufacturing cost, outsourcing terms, and operational strategies. Fitness equipment comprise all machines and monitoring devices required for various physical exercises. Fitness Equipment Industry Research Report is an in-depth and deep Research on the present condition of the Fitness Equipment industry in the global market. global fitness equipment industry, high-lighting the position and development of leading fitness equipment suppliers. The global fitness equipment market size was estimated to be valued over USD 10.01 billion in 2014 and is expected to grow at a CAGR of over 3.5% over the forecast period. Indoor Fitness Equipment Market 2021 Global Industry Market research report gives key appraisal on the market status of the Indoor Fitness Equipment makers with … Thereof, EUR 0.87 billion are estimated to relate to Home Fitness Equipment Market was valued at USD 16,423.69 million in 2020, and is projected to register a CAGR of 2.75% by 2026. Fitness Equipment For Weight Loss Market 2020: Global Trends, Market Share, Industry Size, Growth, Opportunities, Forecast to 2026 The size of the global weight loss and diet management market is projected to value USD 2992.9 Million by 2026 from USD 2092.5 Million in 2021, growing at a CAGR of 7.42% during the forecast period. The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. Commonly used devices include treadmills, stationary bicycles, stair climbers, and weightlifting machines. Research Nester — July 11, 2021 4:13 am add comment. 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States, Tushar Nagose Communications Officer Allied Market Research Contact Toll Free: +1-800-792-5285Drop us an email at media@alliedmarketresearch.com, First time buyer? Fitness equipment are widely used for physical fitness, weight management, and improving body stamina & muscular strength. The global home gym equipment market size to cross USD 31 billion by 2025, growing at a CAGR of 8.5% during the forecast period. Check offers and discount on this report To get this report, Fitness Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipment, and Others), End User (Home Consumer, Health Club/Gym, and Other Commercial User): Opportunity Analysis and Industry Forecast, 2021–2028, To ensure high-level data integrity, accurate analysis, and impeccable forecasts, On-demand customization of scope of the report to exactly meet your needs, Targeted market view to provide pertinent information and save time of readers. Copyright © 2021 Million Insights, All rights reserved. Our support available to help you 24 hours a day, five days a week. Functional Fitness Equipment Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Growing urban population and increasing health awareness amongst the people are expected to drive the global market for the next seven years. Found insideA Framework for Assessing Effects of the Food System develops an analytical framework for assessing effects associated with the ways in which food is grown, processed, distributed, marketed, retailed, and consumed in the United States. MarketReportsOnline.com adds "Global Fitness Equipment Market: Size, Trends & Forecasts (2016-2020)" report to its research store. Found inside – Page 292This diversity increases the difficulty of measuring the overall economic size of the industry. For example, should the sale of camping equipment be ... The global fitness equipment market is anticipated to garb a robust CAGR of The commonly used fitness equipment are treadmills, stationary bicycles, stair climbers, and weightlifting machines. The market growth can be attributed to the proliferation of seamless internet services globally, facilitating uninterrupted streaming of videos online. Fitness Equipment Market Report Analysis 2021 - Market Share, Top manufacturers Entry, Growth, Business Expansion, Global Industry Size and Forecast 2023 Tuesday, September 7th 2021, 7:13 AM EDT © 2021 Allied Market Research. Global Home Fitness Equipment Market report provides an in-depth examination of the market scenario regarding market size, share, demand, growth, and trends. Discounted price for multiple reports across domains, 2. Major industry participants include Amer Sports (Precor), Brunswick Corporation, Cybex International Inc., Johnson Health Tech, Nautilus Inc., Paramount, Technogym, and Torque. for the forecast years. The recent growth observed in fitness equipment market can be attributed to the increase in health awareness among the young and old age groups. Manufacturers form strategic alliances with corporate and organizations along with mergers and acquisitions as their key growth strategy to establish their dominance in the industry. Aquatic Fitness Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025. However, counterfeiting of fitness equipment is a key restraining factor of the market. precisionreports.co has announced the addition of Global Fitness Equipment Market research report to their database. Found insideRetailers and consumers can use this book to better appraise new products. The book addresses three major categories of equipment: foot-ground interfaces, striking implements, and personal fitness equipment. Found insideTYPES OF BUSINESS: Fitness Equipment, Direct Selling Online Retail ... Edward J. Bramson, CEO Bill Meadowcroft, CFO Timothy Joyce, Sr. VP-Global Sales ... Found inside – Page 110Foreign products supply about 75% of the security equipment market in Brazil and U.S. products retain about 50% of the import market share. The report covers comprehensive market analysis, evaluation of findings, as well as assumptions taken from a variety of sources. The health and fitness club market was valued USD at USD 81 billion in 2020, and it is projected to witness a CAGR of 7.21% by 2026. Found inside – Page 1Pearson believes this is one of the most exciting times in the history of marketing, and that loyalty marketing will be increasingly essential for years to come. 2016-2020 tremendously. Your transaction & personal information is safe and secure. The report contains an overview of the market with a prime focus on factors boosting the market. By type, the cardiovascular training equipment segment led in terms of market share, and is expected to gain market share in the upcoming years. Found inside – Page 67In fact, according to the Fitness Equipment Market Size, Share, Global Report – 2023, the fitness equipment market in 2015 was over $10 billion and is ... Found insideThe real story of social change is more complex. When we are exposed to a new idea, our social networks guide our responses in striking and surprising ways. The Home Fitness Equipment Market expected to grow at a CAGR of 6.0% during the forecast period. Found inside – Page 171BEST PRODUCTS/SERVICES Broadband equipment and services, W-Lan equipment and ... 2011 (e) Total Market Size 4,052 4,050 4,055 Total Local Production 2,780 ... We value your investment and offer free customization with every report to fulfil your exact research needs. Download Sample Report for Home Fitness Equipment Market to understand the market size, share, growth, trends, forecasts and industry overview. The fitness equipment can be segmented on the basis of equipment type, product type and by the end-user application. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. For a better understanding we have segmented the global fitness market into North America, Europe, Asia, and Latin America, and the Middle East. Other factors playing major role in the rapid growth of the fitness equipment market, in the recent years include busy lifestyles and changing food patterns. The high number of obese population, increasing health concerns, and increasing youth population are the major factors that drive the global fitness equipment industry. At Global Fitness, the phrase second-hand gym equipment takes on a whole new meaning. Strength, Weakness, Opportunities and Threat to the organization. However, the health club/gym segment is poised to grow at highest CAGR during the fitness equipment market forecast period from 2021 to 2028. Growing preference for a healthy and fit lifestyle is the primary factor driving the fitness equipment market growth. 7 million by 2028; it is expected to … Found insidePacked full of practical tips and myth-busing advice, Lift Yourself is your go-to companion to strength training which will help you to: · turbo-charge your metabolism · improve your mental health · recharge your energy levels Now a ... Found insideStudies have found a long-term decline in cardiovascular fitness among ... To estimate the size of the global physical activity market, this chapter focuses ... "This book offers the latest research within the field of service robotics, using a mixture of case studies, research, and future direction in this burgeoning field of technology"-- Cardiovascular exercises are the most commonly followed exercises globally, a factor that boosts the growth of cardiovascular training devices. Found inside – Page 5It is the marketplace in which the products are sports, fitness, recreation, ... Most people want to know the size of a company or industry by one number, ... The global home fitness equipment market is expected to grow from $8. Test Prep Book's NASM Study Guide: NASM Personal Training Book & Exam Prep for the National Academy of Sports Medicine CPT Test Developed by Test Prep Books for test takers trying to achieve a passing score on the NASM exam, this ... By end user, the home consumer segment accounted for more than 60% share of the fitness equipment market growth in 2020, due to imposition of social distancing and gym closures during the COVID-19 pandemic. Home fitness equipment are the devices used for monitoring physical exercises at home. Found inside – Page 36Electrical muscle stimulation (EMS) training seems to be an emergent, technology-oriented trend in the local fitness market. Such services are likely to be ... The global Outdoor Fitness Equipment market is highly fragmented owing to the presence of the most renowned players resulting in an escalated development of the global Outdoor Fitness Equipment market. 3.4.2 Japan Commercial Gym Equipment Market Size and Growth Rate of Ellipticals from 2014 to 2026. Quality Second Hand Gym Equipment. Fitness Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2023 This report provides in depth study of “Fitness Equipment Market” using SWOT analysis i.e. 42 billion in 2020 to $9.9 billion in 2021 at a compound annual growth rate (CAGR) of 17.6%. Key factors driving the market are rising awareness about healthy lifestyle, higher disposable income and rapid urbanization leading to lifestyle disorders like high sugar, blood pressure and obesity which encourage people to engage in fitness … According to IMARC Group’s latest report, titled “Home Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global home fitness equipment market reached a value of US$ 10 Billion in 2020. Fitness Equipment Market Size 2019: Global Industry Analysis, Share, Growth, Segmentation, Trends, Application, New Innovation, Business Opportunities and Forecast 2024 Share This Press Release The report will assist reader with better understanding and decision making. The device segment comprises cardiovascular training, strength training, and other device segments such as body monitors and analyzers. The global fitness equipment market is poised to grow at a CAGR of 5.8% during the forecast period (2020 - 2025). 2020 to 2027. The industry is on the brink of facing a reduction in production, disruption in supply, and price fluctuations. 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