Fitness Equipment Market to Witness Huge Growth by 2031 - Brunswick, Icon Fitness, Yukon Fitness, Aerofit

The Global Fitness Equipment Market is expected to grow at a CAGR of 11.2% during the forecast period 2024-2031

Fitness equipment refers to devices used during exercise to boost strength, conditioning, or the overall workout experience by offering fixed or adjustable resistance. Key cardiovascular equipment includes treadmills, bikes, and rowers, primarily targeting weight loss and fitness. Strength-focused equipment includes light commercial machines, upper/lower body tools, and benches, which help build muscle through weight training.

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Market Trends:

The global fitness equipment market is driven by the rise in gym establishments, a growing youth population, higher disposable incomes, and improved lifestyles. Additionally, the increasing number of obese individuals shifting towards fitness and government health initiatives are boosting market growth. According to IRHA, the number of fitness centers worldwide grew from 201,000 in 2016 to 201,250 in 2017. However, the high cost of advanced equipment may hinder market expansion.

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Segment Covered in the Fitness Equipment Market:

By Product Type: Cardio Vascular Training Equipment, Strength Training Equipment, Other Fitness Equipment

By End-User: Fitness Centers & Gym, Clubs, Recreational Centers, Home Gym, Hospitals

Major Key Players:

• Brunswick
• Icon Fitness
• Yukon Fitness
• Aerofit
• Johnson Healthtech
• Precor Incorporated
• Technogym
• Core health & fitness
• Torque Fitness
• Impulse Health Tech Ltd.

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Home Fitness Equipment Market: https://www.datamintelligence.com/research-report/home-fitness-equipment-market

Wearable Fitness Devices Market: https://www.datamintelligence.com/research-report/wearable-fitness-devices-market

Fitness and Recreational Sports Centers Market: https://www.datamintelligence.com/research-report/fitness-and-recreational-sports-centers-market

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