Global Gym Equipment Market Analysis, Growth Drivers and Opportunities Examined in a New Market Report

Global gym equipment market is set to exhibit an above average CAGR between 2017 and 2022, as per the latest study conducted by FactMR. The study also reveals that the global market for gym equipment will surpass a valuation of US$ 7,600 Mn by 2022-end.

Cardiovascular Machines – Top-Selling Gym Equipment

On the basis of product type, preference for cardiovascular machines will continue to grow throughout the forecast period. The cardiovascular machines product type segment currently accounts for around 17% market share in terms of revenue. By the end of 2022, over US$ 1,200 Mn worth of cardiovascular machines are expected to be sold worldwide.

Among regions, the market in Europe is projected to remain highly attractive in 2017 and beyond. Increased consciousness about risks of obesity coupled with higher expenditure on gym equipment that enhance physical attributes is projected support the growth of the market in the region. During the forecast period, Europe’s gym equipment market is expected to register a CAGR of 4.6%.

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Global Market for Gym Equipment – Key Projections

1. In terms of revenue, Europe is anticipated to dominate the global gym equipment market over the next few years. Between 2017 and 2022, the market in Europe gym is expected to remain highly attractive and register to a sound CAGR.

2. North America and Asia-Pacific excluding Japan (APEJ) are expected to emerge as the two other lucrative markets for gym equipment during the assessment period.

3. Based on product type, the cardiovascular machines segment is projected to retain its leading position over 2022. The segment currently commands for nearly 17% revenues share of the global market. Meanwhile, ground base equipment are expected to remain the second largest product type segment during the forecast period.

4. Sport stores and online retail stores are the two largest distributional channels for gym equipment. Both the distributional channel segments collectively account for close to two-third market share in terms of revenue. However, sport store distribution channel segment is project to witness a higher CAGR over 2022.

5. By buyer type, the institution segment is projected to hold its dominant position through 2022. The segment currently commands for over one-third revenue share of the market and anticipated to reflect a healthy CAGR of 5.1% over the forecast period.

Competition Tracking

FactMR in its report has profiled the key players functioning in the global gym equipment market, which include Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym SpA, Nautilus, Inc, Core Health and Fitness LLC, Torque Fitness LLC, Cosco Capital, Inc., Amer Sports Corporation, Impulse Healthtech Co. Ltd., Icon Health & Fitness, INC.

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Table of Contents:

1. Global Gym Equipment Market – Executive Summary

2. Global Gym Equipment Market Overview

3. Global Gym Equipment Market Analysis and Forecast By Product Type

4. Global Gym Equipment Market Analysis and Forecast By Distribution Channel
4.1. Global Gym Equipment Market Size and Forecast By Distribution Channel, 2012-2022
4.1.1. Speciality Stores Gym Equipment Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Online Retail Gym Equipment Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Gym Equipment Market Analysis and Forecast By Buyer Type
5.1. Global Gym Equipment Market Size and Forecast By Buyer Type, 2012-2022
5.1.1. Individual Gym Equipment Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

Continued…….

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This release was published on openPR.