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Global Fitness Products and Services Marke Analysis, Market Size, Regional Outlook, Competitive Strategies and Forecasts, 2014 To 2020
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This publication by TMR grasps the evolution of the said market by studying the previous developments and subsequent evolutions and by assessing the present market scenario. Based on all the likely situations, it also presents a detailed prospect of growth that could rise in the forthcoming years. The study report also provides the market trends that are currently prevailing in the world market for fitness products and services together with its macro and micro-economic directives. Moreover, the research report offers the mandates, norms, and regulations that govern the global market and tries to assess it, based on the quantitative as well as qualitative parameters. The information provided by the research report is the result of vital data collected from key market players and industry experts.
Spearheaded by the increasing awareness about health and the need for an active and healthy lifestyle, the international market for fitness products and services has witnessed growth over the last decade. This report keeps a tab on the performance of the world fitness products and services industry, offering historic analysis, along with annual forecasts of the fitness market worldwide. The fitness market makes an inclusion of a wide-range of services and products like training equipment, wireless health and fitness devices, energy drinks and nutrition food, clothing and footwear, as well as provision of various health facilities such as fitness/training centers, clubs, and gyms.
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Given the backdrop of increase in the obesity-related problems at an alarming rate in adults together with health risks associated with desk-bound lifestyle, there is a growing requirement of staying fit now more than ever before. These days active and healthy living is encouraged across the world, and as such, the world market for the fitness products and services is experiencing growth rapidly. Some of the factors that are associated with the growth of the market are launch of gyms and fitness clubs, increasing disposable income of the people and the willingness to spend money in the emerging economies, large-scale urbanization and modernization, availability of training equipment that are quite affordable.
Furthermore, highly advanced yet reasonably priced wireless healthcare technologies such as wearables, availability of personal coaches are also forecasted to fuel the growth of the market. In addition to all of the above reasons, as recommended by the World Health Organization, governments of various countries make efforts to encourage healthy lifestyle, and incorporation of entertainment industry into health and well-being so as to fuel exercising have further led to the growth of the international market for fitness products and services.
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The international fitness products and services market has been classified into major regions of North America, Middle East and Africa, Asia Pacific, and Rest of the World (RoW). Amongst all of these regional segmentations, it has been estimated that the region of Asia Pacific would very likely be the pace setter and contribute for most of the market revenue because of increasing consciousness about healthy and active lifestyle and large base of obese population.
Some topnotch players of the market for fitness products and services comprise eminent names like Gold’s Gym International, Reebok International Ltd, Health City, GlaxoSmithKline Plc, Yakult Honsha Co., Ltd, Abbott Laboratories Inc., The Quaker Oats Company Inc., Contours Express, Dr Pepper Snapple Group Inc., Amazonia, Konami Corporation, and Fitness International LLC.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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