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Global Fitness Equipment Market Report, Size, Share, Analysis 2017 and Forecast to 2023.

According to Stratistics MRC, the Global Fitness Equipment market is expected to grow from $11.99 billion in 2016 to reach $17.48 billion by 2023 with a CAGR of 5.5%.

Gaithersburg, Maryland, United States – January 3, 2018

Increasing health awareness among the youth, rising obese population and increasing market initiatives for promoting good health by government and companies are some of the key factors fuelling the market. In addition, technological advancements such as wearable technologies and connected devices are fuelling the fitness equipment market. However, high costs of fitness equipments are hampering the market growth.

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By equipment type, cardiovascular training equipments are used to facilitate physical activity that the human body can use to promote good health, lose weight and even relieve stress. In addition use of these equipments give mental stress relief and minimizes the effects of depression. Treadmills, Stairclimbers, Exercise Bikes, Rowing Machines, Ellipticals and Circuit Weight Training are some of the cardiovascular training equipments. United States is the major contributor to the growth of these equipments owing to high obesity rates and increased health consciousness.

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Geographically, Asia Pacific region is expected to witness huge growth due to rising aging population and increasing cardiovascular disorder among various age groups. Rapid urbanization, rising disposable income, and increasing youth population are the key propellants for the growth of the market in APAC countries as population is actively getting involved in fitness activities.

Some of the key players in the fitness equipment market are Johnson Health Tech Co. Ltd., Amer Sports Corporation, Icon Health & Fitness, Inc., Technogym S.p.A, Nautilus, Inc., Brunswick Corporation, Core Health and Fitness LLC, Torque Fitness LLC, Impulse (Qingdao) Health Tech Co. Ltd., True Fitness Technology, Inc., Matrix Fitness, Exigo, Octane Fitness, Precor incorporated and Kettler (GB) limited.

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Distribution Channels Covered:
• Offline Stores
• Online Stores

End Users Covered:
• Home/Individuals
• Health Club
• Other End Users

Equipment Types Covered:
• Strength Training Equipment
• Cardiovascular Training Equipment
• Other Equipment Types

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd

This content is produced independently of Reuters Editorial News. For content inquiry, please contact [email protected]

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