Dublin, March 24, 2022 (GLOBE NEWSWIRE) — The “Global Fitness Equipment Market 2022-2028” report has been added to from ResearchAndMarkets.com offer.
JThe global fitness equipment market is expected to grow at a compound annual growth rate of 3.95% in value over the period 2022-2028.
Factors such as rising popularity of fitness culture, growing health awareness owing to obesity issues, and benefits of fitness equipment are fueling the growth of the fitness equipment market. Additionally, the growing home workout trends and smart home gym equipment applications provide new opportunities for the market studied over the forecast period.
However, the increasing sale of scam products and expensive fitness equipment is hampering the overall development of the global fitness equipment market.
The global fitness equipment market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa.
Globally, Asia-Pacific is expected to become the fastest growing region in the fitness equipment market over the forecast period. The region’s growth can be attributed to rising levels of obesity and a growing number of fitness influencers. In recent years, high levels of obesity have encouraged people to opt for gym memberships, which has boosted the adoption of fitness equipment. Apart from this, the pandemic has induced home workout trends which have fueled fitness trends in major countries. Hence, these factors are driving the growth of the fitness equipment market in the APAC region.
The major companies studied in the fitness equipment market are iFIT Health and Fitness Inc, Life Fitness, Nautilus Inc, True Fitness Technology Inc, Gymequip EU, Johnson Health Tech Co Ltd, Impulse Health Tech Co Ltd, Cybex International Inc, Precor Incorporated , Total Fitness Equipment, Peloton Interactive Inc, Technogym SPA, Core Health and Fitness LLC and Heinz Kettler GmbH and Co KG.
Core Health and Fitness LLC is an integrated global manufacturer of commercial fitness equipment. It has a strong presence in the market with a wide range of products, including cardio, strength training, group cycling, and high-intensity interval training equipment. Additionally, the Company’s products are marketed under brands such as StairMaster, Schwinn, Nautilus and Throwdown, among others. With operations around the world, Core Health and Fitness is headquartered in Vancouver, USA.
Main topics covered:
1. Global Fitness Equipment Market – Summary
2. Industry Outlook
2.1. Impact of Covid-19 on the fitness equipment market
2.2. key ideas
2.2.1. Growing adoption of wearable devices
2.2.2. Growing Popularity of High Intensity Interval Training
2.3. Porter’s Five Forces Analysis
2.3.1. The threat of new entrants
2.3.2. The threat of substitutes
2.3.3. The bargaining power of buyers
2.3.4. Bargaining power of suppliers
2.3.5. Threat of competitive rivalry
2.4. Market attractiveness index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Mergers and Acquisitions
2.6.2. Contracts and agreements
2.6.3. Product launches
2.6.4. Extensions and disposals
2.7. Market factors
2.7.1. Growing popularity of fitness culture
2.7.2. Increased health awareness due to an increase in obesity
2.7.3. Benefits of fitness equipment
2.8. Market challenges
2.8.1. Increase in fraudulent products
2.8.2. Expensive fitness equipment
2.9. Market opportunities
2.9.1. Home workouts on the rise
2.9.2. Applications of smart home gym equipment
3. Global Fitness Equipment Market Outlook – By Type
3.1. Cardiovascular equipment
3.2. Strength equipment
3.3. Other equipment
4. Global Fitness Equipment Market Outlook – By End User
4.3. Health club/gym
4.5. The head office
5. Global Fitness Equipment Market Outlook – By Distribution Channel
5.1. In line
6. Global Fitness Equipment Market – Regional Outlook
7. Competitive Landscape
7.1. Core Health and Fitness LLC
7.2. Cybex International Inc
7.3. Gymequip EU
7.4. Heinz Kettler GmbH and Co Kg
7.5. Ifit Health and Fitness Inc
7.6. Impulse Health Tech Co Ltd
7.7. Johnson Health Tech Co Ltd
7.8. fit life
7.9. Nautilus Inc.
7.10. Interactive Peloton Inc
7.11. Precor Incorporated
7.12. Technogym Spa
7.13. Total Fitness Equipment
7.14. True Fitness Technology Inc.
8. Research Methodology and Scope
For more information on this report, visit https://www.researchandmarkets.com/r/qp0xr3