Fitness Equipment Market – Industry Trends and Forecast to 2025
Fitness Equipment Market, By Type (Cardiovascular Training Equipment{Treadmills, Elliptical Trainers, Stationery Cycles, Stair Steppers, Rowing Machines, Others} Strength Training Equipment{ Single Stations, Multistations, Benches & Racks, Free Weights, Plate Loaded Equipment, Accessories}, Fitness Monitoring Equipment, Body Composition Analyzers{Bioimpedance Analyzer, Dual Emission X-Ray Absorptiometry (DEXA), Skinfold Caliper, Hydrostatic Weighing, Air Displacement Pelthysmography}), By End-Users (Health Clubs/Gym, Home Settings, Corporate Settings, Hotels, Apartments, Hospitals, Clinics), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)– Industry Trends and Forecast to 2025.
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Analysis: Fitness Equipment Market
Fitness Equipment Market is expected to reach USD 29,867.49 million by 2025 from USD 18,599.79 million in 2017, at a CAGR of 6.2% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2025.
The major factors contributing to the growth of the market includes factors such as rising incidences of the chronic diseases, increasing health insurance. On the other hand, increasing demand of resale (used and refurbished) of fitness equipment may hinder the growth of the market.
Fitness Equipment Market Market Size, Status and Forecast 2025
- Fitness Equipment Market Market Overview
- Fitness Equipment Market Market Manufacturers Profiles
- Fitness Equipment Market Market Sales, Revenue, Market Share and Competition by Manufacturer
- Fitness Equipment Market Market Analysis by Regions
- Fitness Equipment Market Market by Countries
- Fitness Equipment Market Market Segment by Type
- Fitness Equipment Market Market Segment by Application
- Fitness Equipment Market MarketForecast
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
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Market Segmentation: Fitness Equipment Market
- The fitness equipment market is segmented on the basis of type, end-user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
- The fitness equipment market is segmented based on type into four notable segments; body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment. The cardiovascular training equipment segment is sub segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others. The strength training equipment segment is sub segmented into single stations, plate loaded equipment, free weights, benches & racks, multistations and, accessories. The fitness equipment market is dominated by cardiovascular training equipment with 67.9% market share in 2018, growing at a CAGR of 6.8% in the forecast period.
- The fitness equipment market is segmented based on industry into seven notable segments; health clubs/gym, home settings, corporate settings, hotels, apartments, hospitals and clinics. In 2018, the health clubs/ gym segment is expected to dominate the market with 45.1% market share.
- Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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Key Drivers: Fitness Equipment Market
Some of the major factors driving the market for fitness equipment market are as rising incidences of the chronic diseases, increasing health insurance. These factors demand the fitness equipment which boosts the market growth.
- Increasing demand of resale (used and refurbished) of fitness equipment may hinder the growth of the market.
Key Points: Fitness Equipment Market
Covestro AG is going to dominate the fitness equipment market following with Brunswick Corporation, Technogym, Johnson Health Tech. Co. Ltd and Precor Incorporated. Some of the other players are StairMaster, COSMED, GE healthcare, SECA others among others.
- The polyamide market is expected to reach USD 21,091.49 million by 2025, from USD 12,543.79 million in 2017, growing at a CAGR of 6.8%.
- The health clubs / gym is expected to dominate the fitness equipment market with 45.1% market share, growing at a CAGR 5.8% in the forecast period 2018 to 2025.
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