Fitness Equipment Market expected to reach USD 4.52 Bn by 2025: Current Trends, Key Industry Players, Opportunities, Trends and Forecast

Adroit Market Research
Adroitmarketresearch.com has published a new research study on “Global Fitness Equipment Market Size and Forecast, 2018-2025” to its offering. Global Strength Training Equipment market is estimated to grow at a CAGR of 3.1% during forecast period.

The research report on “Global Fitness Equipment Market Size 2016 by Type, Region and Forecast 2017 to 2025” to its database.

Increased awareness for health is boosting the demand for fitness equipment all across the globe. This increased demand is expected to boost the global fitness equipment market over the forecast period. Regular use of Fitness equipment improves physical stamina, develops muscular strength and helps in overall weight management. Equipment used for cardiovascular exercises are stationary bikes, treadmills and elliptical which burns the body fat, stimulates heart rate and maintains the health. Increased economic growth has improved the standard of living thus demanding more from the fitness equipment industry. Even the corporate sector is promoting fitness and encouraging its employees to use fitness equipment provided to them as a facility in company campuses.

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The commercial fitness equipment market is expected to rise over the forecast period. Increasing pollution due to industrialization and rapid urbanization is resulting in ill health and stress thus making customers spend more money and time on exercise and fitness. Advancements such as smartphone applications and wearable technologies allows customers to monitor their performance and vitals and provide personalized training which will increase the growth of the market.

To deliver better results and improve fitness activities, fitness equipment are developed with the help of scientific research on human body. For instance, population across the world are aware about the disadvantages of sedentary lifestyle which leads to various diseases thus office furniture is being designed in a way to help solve this issue. The global fitness equipment market is also coming up with new chains and outlets for fitness spas and clubs. This positive outlook will boost the market over the forecast period.

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Factors playing a major role in the fitness equipment market are:
• Increasing obese population across the world: Fitness equipment market size has increased in last few years due to dysfunctional diets and inactive lifestyles leading to obesity and cardiovascular diseases.
• Rising awareness regarding fitness & health: Increase in the level of health awareness and consciousness for fitness will increase the fitness equipment market globally.
• High cost of fitness equipment: As fitness equipment are expensive fitness centers and even residential gyms are purchasing second-hand equipment that can limit the growth of the fitness equipment market globally.
• Initiatives for promotion of good health by enterprise and government: Several health programs have been established by Government of developed countries. For example, fitness allowance is something that will soon get popularized. It is expected that employees may invest a substantial part of their income for fitness equipment which will drive the increase in sales.

The demand for Fitness equipment is expected to rise on account of the increasing number of health and fitness chains across the globe. Global Strength Training Equipment market is expected to grow at a CAGR of 3.1% during forecast period. Read more interesting facts about Fitness equipment market @ https://www.adroitmarketresearch.com/infographics/global-fitness-equipment-market

Various organizations in Europe promote healthy lifestyle with the help of sports. Large number of individuals are engaged in physical activities. Either they take up exercises packages and programs or exercise individually. The global fitness equipment market is used in hotels, medical centers and hospitals, corporate offices, public institutions, home consumers, gyms or health clubs and many more.

Geographically, the regions focusing on the growth of fitness equipment market all over the world are U.S, North America, Canada, Europe, Mexico, France, Germany, Italy, Spain, UK, Rest of Europe, Japan, China, Asia Pacific, India, New Zealand, Australia, Rest of Asia Pacific, Brazil, Rest of the world, Middle East, Argentina, Egypt and South Africa. The market players included in the fitness equipment market globally are Brunswick Corporation, Amer Sports Corporation, Cybex International Inc, Fitness EM, Core Health and Fitness LLC, Impulse Health Tech Co.Ltd., Matrix Fitness, Johnson Health Tech Co.Ltd., Torque Fitness LLC and many more.

Key segments of the global fitness equipment market

Type Overview, 2017-2025 (USD Million)

Strength Training Equipment
Cardiovascular Training Equipment
Elliptical
Rowing machine
Stationary bike
Treadmills
Other Cardiovascular Training Equipment
Other equipment

End User Overview, 2017-2025 (USD Million)

Health Clubs/Gyms
Home Consumer
Other End-Users
Hotels
Corporate Offices
Hospitals & Medical Centers
Public Institutions (Schools, Universities, and Others)

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require the understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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