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Fitness Equipment Market Growing with Surpass $15.4 Billion Valuation, Emerging At a CAGR of 0.3% From 2021-2028

02-22-2024 05:20 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Fitness Equipment Market

Fitness Equipment Market

๐“๐ก๐ž ๐Ÿ๐ข๐ญ๐ง๐ž๐ฌ๐ฌ ๐ž๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ๐Ÿ‘.๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ, ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ๐Ÿ“.๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐ŸŽ.๐Ÿ‘% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–.

According to a new report published by Allied Market Research, titled, "Fitness Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, End User, and Price Point: Global Opportunity Analysis and Industry Forecast 2021-2028" The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://bit.ly/42LRHgn

This report provides a comprehensive overview of the global fitness equipment market segmented on the basis of types, price points, end-users, and regions. It is presented in both tabular and graphical form, allowing investors and market participants to gain insight into the most lucrative and rapidly expanding segments.

Fitness equipment are widely used for physical fitness, weight management, and improving body stamina & muscular strength. The commonly used fitness equipment are treadmills, stationary bicycles, stair climbers, and weightlifting machines. Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and increase in youth population are the major factors that drive the growth of the global fitness equipment market. However, counterfeiting of fitness equipment is a key restraining factor of the market. On the contrary, upsurge in youth population, improved lifestyle, and rise in disposable income of individual in developing countries are anticipated to offer immense opportunities for the market players.

The fitness equipment market is segmented into type, end user, price point, and region. Depending on type, the fitness equipment market is categorized into cardiovascular training equipment, strength training equipment, and other equipment. By end user, the market is segregated into health clubs/gyms, hospitality, residential, & leisure (Hotels, Residential, and Leisure Clubs), health, corporate, public (Hospitals & Medical Centers, Corporate Offices, and Public Institutions), and home consumers. By price point, the market is segregated into premium/luxury and mass. Each of the segments in end user and price point are further categorized into cardiovascular training equipment, strength training equipment, and other equipment.

Based on type, the cardiovascular training equipment segment held the major share in 2020, accounted for around three-fifths of the global fitness equipment market revenue, and is projected to rule the roost by 2028. Conversely, the others segment would showcase the highest CAGR of 0.9% throughout the forecast period.

The report identifies the home consumer segment as the leading end-user of global fitness equipment market share in 2020, holding around three-fifths. However, the health, corporate, and public segments would cite the highest compound annual growth rate (CAGR) of 6.3% during the forecast period. The report also studied the leisure, health clubs/gyms hospitality, and residential segments.

๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž: https://bit.ly/49Ep0UG

On the basis of price point, the mass segment held the largest market share in 2020, contributing to around three-fifths of the global fitness equipment market revenue. The same segment would exhibit the fastest CAGR of 2.0% during the forecast timeframe.

Based on region, in 2020, North America accounted for the highest market share, more than two-fifths of the global fitness equipment market revenue. On the other hand, Asia-Pacific would portray the highest compound annual growth rate (CAGR) of 5.7% between 2021 and 2028. The different regions studied through the report include LAMEA and Europe.

The industry players have also adopted various tactics, such as collaborations, novel technological advances, expansions, and joint alliances to strengthen their position in the industry. This report provides an overview of the performance and growth of the leading players in the market.

The global fitness equipment market report has identified several prominent players in the industry, including the following: ICON HEALTH & FITNESS, INC., TRUE FITNESS TECHNOLOGY, INC., NAUTILUS, INC., JOHNSON HEALTH TECH. CO., LTD., PELOTON INTERACTIVE INC., ANTA SPORTS PRODUCTS LIMITED, CORE HEALTH & FITNESS, LLC, IMPULSE HEALTH TECHNOLOGY CO., LTD., TORQUE FITNESS, LLC, and TECHNOGYM S.P.A.

๐Š๐ž๐ฒ ๐›๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ:

โ—‹ This study provides an in-depth analysis of the global fitness equipment market with current trends and future estimations to elucidate the investment pockets in this market.
โ—‹ The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
โ—‹ The value chain analysis of the industry highlights the key intermediaries involved and elaborates their roles and value addition at every stage in the value chain.
โ—‹ The quantitative analysis of the market during the period of 2017-2028 has been provided to elaborate the market potential.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://bit.ly/48vwF6K

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  "๐€๐Œ๐‘ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ—‹ Outdoor fitness equipment Market Opportunity Analysis and Industry Forecast, 2020-2030
https://www.alliedmarketresearch.com/outdoor-fitness-equipment-market-A16177

โ—‹ Sports Equipment and Apparel Market Opportunity Analysis and Industry Forecast, 2020-2031
https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market

โ—‹ Fitness Rings Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/fitness-rings-market-A53594

โ—‹ Sports and Fitness Clothing Market Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/sports-fitness-clothing-market

โ—‹ Athletic Equipment and Footwear Market Opportunity Analysis and Industry Forecast, 2021-2025
https://www.alliedmarketresearch.com/athletic-equipment-and-footwear-market-A11158

โ—‹ Fitness Trackers Market Opportunity Analysis and Industry Forecast
https://www.alliedmarketresearch.com/fitness-tracker-market

โ—‹ Fitness and Recreational Sports Centers Market Opportunity Analysis and Industry Forecast
https://www.alliedmarketresearch.com/fitness-and-recreational-sports-center-market

โ—‹ Sports Apparel Market Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/sports-apparel-market

โ—‹ Golf Equipment Market Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/golf-equipment-market

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.



Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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