Global Fitness Equipment Market is expected to grow at CAGR of 8% through the forecast period driven by rising health awareness. Increasing promotion of for physical fitness by government and doctors create the high conscious towards the health. Other factors including increasing cases of diabetes, heart-related ailments and cholesterol also drive the market for fitness equipment market. Further, rising level of obesity in the developed and developing countries also drive the Global Fitness Equipment Market for fitness equipment through the forecast period. Moreover, scientific research on human body structure has catalysed innovation and development of fitness equipment, thus driving the Global Fitness Equipment Market. Rising level stress among the individuals lead to increasing development of fitness clubs and thus, drive the market. Other factors such as, improved lifestyle, increased per capita income, and rising number of fitness training centres also drive the Global Fitness Equipment Market through the forecast period. North America dominated the market in 2017. The Fitness Equipment Market in North America is led by the factors including high obesity rates and increased health consciousness. Further, rising rate of cardiovascular diseases and adoption of cardiovascular equipment with advanced features is also expected to drive the Fitness Equipment Market through forecast period. Asia-Pacific is expected to have higher growth rate in the forecast period driven by rising population base with increasing cases obesity and diabetes. Increasing youth population in India and Japan provide high opportunity for physical fitness centres and thus, drive Fitness Equipment Market. Cardiovascular equipment segment had the highest market share in 2017 owing to high adoption by commercial and consumer users of various age groups. Rising demand for weight reduction and body toning among the youth population is the primary factor driving the cardiovascular equipment market. Rising cases of paediatric obesity is also drive the Fitness Equipment Market through the forecast period.
Scope of the Global Fitness Equipment Market:
Global Fitness Equipment Market, By Type:
- Cardiovascular training equipment • Strength training equipment • Other Equipment
Global Fitness Equipment Market, By End User:
- Home consumer • Health Clubs/Gyms • Other Commercial Users
Global Fitness Equipment Market, By Region:
- North America
- • Europe
- • Asia Pacific
- • Middle East & Africa
- South America
Key Players Operating In Global Fitness Equipment Market:
- ICON Health & Fitness, Inc. • Brunswick Corporation • Johnson Health Tech Co. Ltd. • Technogym S.p.A. • Amer Sports Corporation
- • Nautilus, Inc.
- • Core Health and Fitness LLC
- • TRUE Fitness Technology Inc
- • Impulse (Qingdao) Health Tech Co. Ltd.
- • Torque Fitness LLC.
- • Exigo
- • Kettler (GB) limited
- • Matrix Fitness
- • Octane Fitness
- • NordikTrack Inc.
- • Yowza fitness
- • Body-Solid Inc.
- • Star Trac Health and Fitness Inc.
- • Precor Incorporated
For more information visit:
This report published by
Maximize Market Research Company