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Global Fitness Equipment Market: Industry Analysis & Outlook (2016-2020)

03-23-2017 02:07 PM CET | Associations & Organizations

Press release from: MarketResearchReports.biz

Global Fitness Equipment Market: Industry Analysis & Outlook

Fitness means good health, especially good physical condition from proper exercising and good nutrition. Personal fitness training has become a common practice today and is attracting large number people. The high pressure lifestyle and stress related to it has forced people to maintain a healthy and fit body. Fitness equipment is any device used to enhance the strength or conditioning effects of that exercise by providing either fixed or adjustable amounts of resistance. The commonly used fitness equipment includes treadmills, stationary bicycles and weight lifting machines such as free weights and benches.

Fitness equipments can be divided in to various categories depending upon the end users, types of exercises and the retail segments. By end users, it can be divided into two broad categories namely domestic and institutional. By exercise type, it can be divided into three categories; cardiovascular, strength and others.

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The global fitness equipment market is set to experience favorable growth driven by several factors including increase in fitness club members, escalating elderly population, surging global obese population, increasing GDP per capita and rising global middle class population. Growth of the overall market will be supported by increased participation of people in sports, leading to ongoing opening of new health and fitness clubs, increasing demand for fitness equipments and sports goods. However, growth of the market will be hindered by cyclicality and changing consumer behavior.

The report “Global Fitness Equipment Market: Industry Analysis & Outlook (2016-2020)” analyzes the development of this market, with focus on the European and North American markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Nautilus Inc., Amer, Brunswick and Technogym are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global fitness equipment market along with the study of the regional markets.

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