Fitness Equipment Market- Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast To 2017
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%. 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.
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.
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.
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.
Full report with Table of
Content: https://marketreportscenter.com/reports/571495/fitness-equipment-global-market-outlook-2017-2023
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
• 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
…
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