Fitness Equipment Market Growth Trends by Company: Icon Health & Fitness, Brunswick Corporation, Johnson Health Tech, Technogym, Amer Sports Corporation and More

Bigmarketresearch.com Adds a New Fitness Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipment, and Other Equipment), and User (Home Consumer, Health Clubs/Gym, and Other Commercial User): Global Opportunity Analysis and Industry Forecast, 2018 – 2025 spreading across 264 pages with table and figures in it.

Fitness equipment comprise any type of machine or monitoring device that is required for physical exercise to manage overall weight, improve physical stamina, and develop muscular strength. In addition, physical exercise is advised during certain medical treatments. There is an increase in demand for fitness equipment due to growth in health awareness. The most commonly used fitness equipment include treadmill, elliptical, stationary bicycle, weightlifting machine & strength building machine, and others.

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Prevalence of obesity and growth in health consciousness have increased the adoption of fitness equipment. Furthermore, rise in the number of gym memberships, in-home equipment sales, growth in urban population, and certain government initiatives fuel the adoption of fitness equipment. One of the factors that could limits the growth opportunity is the high price of the fitness equipment. However, improvement in lifestyle, increase in youth population, and rise in per-capita income in developing countries are anticipated to ensure the overall market growth.

The global fitness equipment market is segmented based on type, user, and region. Based on type, it is categorized into cardiovascular training equipment, strength training equipment, and others. Cardiovascular training equipment is expected to dominate the market, in terms of value, throughout the forecast period on account of its greater penetration in the developed markets such as, the U.S. and Europe and the relatively higher prices over strength equipment. Users for fitness equipment are home consumer, health clubs/gym, and other commercial users. Other commercial users are further classified into hotels, corporate offices, hospital & medical centers, and public institutions. The health club/gym segment is expected to lead the market throughout the analysis period owing to the significant rise in the number of health clubs and memberships.

Based on region, the market is studied across North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America continues to be the market leader throughout the analysis period of 2017‐2025. Asia-Pacific is expected to grow at the highest CAGR during the forecast period on account of the increasing demand and a larger youth population base in the region. Australia had 3,351 health clubs with total number of memberships in the range of 3.4‐3.5 million in 2014. High prevalence of sports culture, increase in health consciousness, and rise in expenditure on fitness are the factors expected to propel the growth of the fitness equipment market in the country.

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Top global companies have been profiled in this research report such as 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., Exigo, Kettler (GB) Limited, Matrix Fitness and Octane Fitness.

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Global Sports and Fitness Nutrition Market by Manufacturers, Regions, Type and Application, Forecast to 2023

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The worldwide market for Sports and Fitness Nutrition is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

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Read More: https://www.bigmarketresearch.com/global-sports-and-fitness-nutrition-market-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=RR-OPR&utm_medium=CC

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