Fitness Equipment Market

29 Apr

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Fitness Equipment Market Poised to Grow at a CAGR of 5.4% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Fitness Equipment Market. The report presents analysis of global as well as regional markets of fitness equipment market over the period of 2018 to 2024.

Global fitness equipment market is showing a positive trend of development around the globe. There are many factors which are indicating a positive outlook of market for medium and long term. Factors such as rising urbanization  in developing countries, increasing obese population, increasing white color job/official job is reducing time for physical activities, growing health awareness among working population, working women and house wives are driving the fitness equipment market globally. However, high cost of fitness equipment, lack of post-sale service of fitness equipment, unavailability of good trainers are key restraining factor for the market. As the urbanization, white color job is increasing in developing countries, due to major focus on the service sector by the governments, the demand of health clubs, gym, and physical activities centers will grow, the demand of fitness equipments would grow automatically.

 

On the basis of region, the global fitness equipment market is segmented into North America, Europe, Asia, and the Rest of the World (RoW).  North America is leading market of global fitness equipment market, due to rising obesity problem among all age group, increasing health consciousness, increasing number of health clubs and memberships are the major reason for the growth of fitness equipment market in this region. Asia region is expected to grow at the highest CAGR during the forecast period of 2018-2024, due to increasing health awareness among youth and adult, increasing disposable income among men and women, reducing time for physical activities, and societal effects would drive the market in this region.

 

March, 2018, Brunswick Announces Plans to Spin-Off Fitness Business

Brunswick Corporation announced that its Board of Directors has authorized proceeding with a spin-off of its Fitness business. Following the proposed transaction, the Fitness business will be an independent, standalone, publicly traded company, "FitnessCo".

 

April, 2017, the world’s largest Queenax™ functional training unit installed at Xcite Livingston

The world’s largest functional training unit with 32 stations was recently installed at Xcite Livingston in Scotland.The custom X4 1500 Bridge unit at Xcite is 15.5 meters long with 32 stations. It offers a broad range of bodyweight training accessories including Superfunctional™, Strong++ resistance bands, punch bags, battle ropes, abs bench, dip bars, plyo platforms, torso trainers, monkey bars and rebounders.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global fitness equipment market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2018 and estimated for forecast period of 2016-2024.

 

Get 15% discount for early purchase of global fitness equipment market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1382

 

The recent report identified that North America dominated the global fitness equipment market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the fitness equipment market worldwide.

 

The report segments the global fitness equipment market on the basis of By Type and By End User.

 

Global Fitness Equipment Market by By Type

·         Cardiovascular Training Equipment

·         Strength Training Equipment

·         Other Equipment

 

Global Fitness Equipment Market by By End User

·         Home Consumer

·         Health Clubs/Gyms

·         Other Commercial Users

 

Companies Profiled in the Report

·         Icon Health & Fitness, Inc.

·         Brunswick Corporation

·         Johnson Health Tech Co. Ltd.

·         Technogym S.p.A

·         Amer Sports Corporation

·         Nautilus, Inc.

·         Core Health and Fitness LLC

·         True Fitness Technology, Inc.

·         Impulse (Qingdao) Health Tech Co. Ltd.

·         Torque Fitness LLC

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.