Press release
Lateral Fitness Equipment Market is Expected to See Growth Rate of 10.1% during Forecast Period | Allied Market Research
Rise of gym culture, penetration of international brands, and surge in awareness regarding health and fitness worldwide drive the growth of the global lateral fitness equipment market. However, availability of counterfeit products and expensive nature of equipment restrain the market growth. On the other hand, adoption of innovative social media marketing strategies and emergence of smart fitness equipment present new pathways in the coming years.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6546
Based on product type, the treadmill segment contributed to the highest market share in 2019, accounting for nearly two-fifths of the global lateral fitness equipment market, and is expected to maintain its dominant share throughout the forecast period. This is attributed to rise in obese population along with inclusion of latest technologies such as Bluetooth connectivity, Wi-Fi connectivity, and iFit technology along with smart touch screen display.
However, the elliptical segment is expected to maintain the highest CAGR of 11.5% from 2020 to 2027, owing to implementation of features such as color enabled display, improved resistance in flywheel, and multi-position intensity and ability to provide a non-impact cardiovascular workout.
Based on end user, the health club/gym segment accounted for around two-fifths of the global lateral fitness equipment market in 2019, and is projected to continue to dominate during the forecast period.
Request For Customization :- https://www.alliedmarketresearch.com/request-for-customization/6546
This is due to availability of cardiovascular and strength training exercises along with rise in health awareness among the population. However, the corporate office segment would grow at the fastest CAGR of 13.1% from 2020 to 2027, owing to set up of fitness centers and offer fitness programs in organizations to improve the health of employees and raise their productivity.
Based on region, North America accounted for nearly two-fifths of the global lateral fitness equipment market in 2019, and is estimated to continue its lead position by 2027. This is attributed to surge in obesity rates, increase in health consciousness, and awareness of benefits provided by lateral fitness equipment. However, Asia-Pacific is expected to portray the highest CAGR of 12.8% from 2020 to 2027, owing to increase in digital advertisements by owners and rise in usage of training equipment including stationary cycles, treadmill, and elliptical among the youth population.
BUY NOW :- https://www.alliedmarketresearch.com/checkout-final/7c295e8713cff1cf20210c0abf8c1456
The key players operating in the lateral fitness equipment market analysis includeICON Health Fitness, Inc., Johnson Health Tech Co., Ltd., TECHNOGYM S.P.A., Amer Sports Corporation, Nautilus, Inc., Core Health Fitness, LLC., True Fitness Technology, Inc., Impulse (Qingdao) Health Tech Ltd. Co., and Cybex International Inc.
FREQUENTLY ASKED QUESTIONS?
Q1. At what CAGR, the global lateral fitness equipment market will expand from 2020 - 2027?
Q2. What will be the market value of global lateral fitness equipment market by the end of 2027?
Q3. Which are the top impacting factors of lateral fitness equipment market growth?
Q4. Who are the leading players in lateral fitness equipment market?
Q5. What are the segments of lateral fitness equipment market?
TRENDING REPORTS :-
At-Home Fitness Equipment Market to Garner $11.45 Billion by 2027: Allied Market Research
https://www.globenewswire.com/en/news-release/2021/06/17/2248611/0/en/At-Home-Fitness-Equipment-Market-to-Garner-11-45-Billion-by-2027-Allied-Market-Research.html
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lateral Fitness Equipment Market is Expected to See Growth Rate of 10.1% during Forecast Period | Allied Market Research here
News-ID: 2905771 • Views: …
More Releases from Allied market research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Fitness
Fitness and Recreational Sports Centers Market Is in Huge Demand : NYC Fitness C …
A Latest intelligence report published by AMA Research with title "Global Fitness and Recreational Sports Centers Market Outlook to 2028. A detailed study accumulated to offer Latest insights about acute features of the Fitness and Recreational Sports Centers market. This report provides a detailed overview of key factors in the Global Fitness and Recreational Sports Centers Market and factors such as driver, restraint, past and current trends, regulatory scenarios and…
Fitness Equipment and Indoor Sports Centers Market Growth and Outlook 2023-2030 …
Fitness Equipment and Indoor Sports Centers Industry Overview and Market Scope
The report looks at other market segments including growth rate, product pricing, product classification, and product updates. The essential data and market expansion form the basis of the market research report. The global market size and share, current trends, unexplored business potential, sales, and competitive landscape analysis are just a few of the topics covered in the Fitness Equipment and…
Fitness Equipment and Indoor Sports Centers Market Upcoming Trends, Segmented by …
New Jersey, United States - The Fitness Equipment and Indoor Sports Centers Market report includes the upcoming challenges and opportunities in the market. It ensures a strengthened position in the market and a growing product portfolio by providing all the important details related to the market growth. It reveals some of the key insights and focuses on the impact of the COVID-19 crisis on different sectors of the economy. Identifying…
Personal Fitness Equipment Or Accessories Market to See Booming Growth | Matrix …
Personal Fitness Equipment Or Accessories Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Personal Fitness Equipment Or Accessories Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next…
Online Fitness Trainer - Rejuvenation Fitness Group
The role of a personal fitness trainer hasn't changed, the methods and delivery systems by which a Personal Trainer reaches his clients and helps them to achieve their goals certainly has. The dedicated studio or a Working out of a gym is still the preferred choice of most clients and Personal Trainers, but there is a movement to more online programming.
Visit Now : https://www.rejuvenationfitness.in/
Those clients who have no time…
Fitness Equipment Market 2018 – 2025| Core Health and Fitness LLC., True Fitne …
A Comprehensive research study conducted by KD Market Insights on " Fitness Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipment, and Other Equipment), and User (Home Consumer, Health Club/Gym, and Other Commercial User): Global Opportunity Analysis and Industry Forecasts, 2018 - 2025" report offers extensive and highly detailed historical, current and future market trends in the Global and regional/market. The Fitness Equipment Market report includes market size, growth drivers, barriers, opportunities, trends and…
