Press release
Fitness Equipment Market Outlook, Development and Opportunities in 2021- BRUNSWICK CORPORATION, TECHNOGYM S.p.A, Nautilus Inc., Johnson Health Tech Co
The Fitness Equipment Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of the global Fitness Equipment Market with its specific geographical regions.The global fitness equipment market is expected to grow at a CAGR of 5.8% during the forecast period (2019-2024).
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Top leading Manufacturers Profiled in Fitness Equipment Market Report are - BRUNSWICK CORPORATION, TECHNOGYM S.p.A, Nautilus Inc., Johnson Health Tech Co., Amer Sports, ICON Health & Fitness, Inc, Body-Solid Inc., JERAI FITNESS PVT. LTD.
Market Overview
- Growing preference for a healthy and fit lifestyle is the primary factor driving fitness equipment market growth. This has also led to a surge in the number of fitness centers and health clubs across the globe, further propelling the growth of the market.
- The trend of bodybuilding and personality development among the young population results in increasing gym subscriptions and further increases the consumption of cardiovascular machines such as treadmills, spin bikes, and others.
- Growing government initiative programs related to health awareness is another factor propelling the growth of the market. These initiatives aim to promote and protect health by guiding at each individual, national, and global level in reducing disease and death rates related to unhealthy diet and physical inactivity, which, in turn, indulges consumers into fitness activities.
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Regional Analysis for Fitness Equipment Market:
Asia-Pacific to Witness Strong Growth in Fitness Equipment Market
Asia-Pacific is the fastest growing region in the global fitness equipment market. China, Japan, Australia, India, and South Korea are some of the top contributing countries in the region. One of the major factors driving the growth of the region is increased inclination towards personal training and instruction services. The demand for personal trainers and fitness instructors has grown over the past due to the rise in for weight-loss services and high interest in customized workout schedules. As baby boomers are actively focussing on their health, there is a growing demand for trainers with specialized knowledge of safe and effective fitness exercises for senior citizens. Owing to this factor various global players are expanding their presence in APAC countries in order to broaden their customer base and to get an edge over their competitors. For instance, in June 2017, the US-based Anytime Fitness announced plans to establish 500 new gyms in China over the next several years.
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Table of Contents:
-Fitness Equipment Market Overview
-Economic Impact on Industry
-Market Competition by Manufacturers
-Production, Revenue (Value) by Region
-Supply (Production), Consumption, Export, Import by Regions
-Production, Revenue (Value), Price Trend by Type
-Market Analysis by Application
-Manufacturing Cost Analysis
-Business Chain, Sourcing Strategy, and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Fitness Equipment Market Forecast
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In conclusion, the Fitness Equipment market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Fitness Equipment Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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