Fitness Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipments and Other Equipments), End User Type (Into Home Consumer, Health Club/Gym, Other Commercial User) and Region: Competitive Market Share & Forecast, 2020 - 2027
|ID: VPR/CO/103||Publishing Year: June 2020||Pages: 192||Format:|
Global Fitness Equipment Market was valued at $11.7 billion in 2019, and is expected to reach $15.8 billion by 2027, registering a CAGR of 4.39% from 2020 to 2027.
Fitness Equipment is devices used for any physical activity. It is used for physical exercise like weight loss; improve physical stamina and muscular strength.
NORTH AMERICA, EUROPE, ASIA-PACIFIC, LAMEA
FASTEST GROWING MARKET
MAJOR KEY PLAYERS
Amer Sports Corporation, Brunswick Corporation, Core Health & Fitness LLC, Fitness EM, LLC, HOIST Fitness Systems, Icon Health and Fitness, Johnson Health Tech, Nautilus Inc., Technogym S.p.A., Torque Fitness, True Fitness
Because of health awareness among people the demand for Fitness Equipment is increasing day by day. The trend for bodybuilding and personality development among the young people results in the growth of Fitness Equipment. The most commonly used equipments are treadmill, elliptical, weightlifting machine, stationary bicycle, and others. Exercising home is a new trend in today's world. Because of the high cost of equipments and a lot of space required there is restrained in the market. As the amount of the disease is increasing among people they have started using Fitness Equipments to be fit and healthy. Furthermore the leading players in the industry are coming up with innovative solutions.
Global Fitness Equipment Market is segmented into Type, End-User and Sales Channel.
The Type of Fitness Market is cardiovascular training equipment, strength training equipments, and other equipments.
By End-User Type are home consumer, health club/gym, and other commercial user.
By Sales Channel Type are online sales channel, supermarket and hypermarket, retail pharmacies.
By Type Insight:
The Fitness Equipment Market is segmented by type into cardiovascular training equipment, strength training equipments, and other equipments. The cardiovascular training equipment is classified into different types such as treadmill, elliptical, stationary bike, rowing machine, and others.
By End User Insight:
The Fitness Equipment Market is segmented by end-user type into home consumer, health club/gym, and other commercial users. The home consumer is further classified into home, apartments, gym in apartments. Another commercial user is classified into hotels, corporate offices, hospitals, public institutions. The group of health club/gym accounted the largest market share in the Fitness Equipment Market.
By Sales Channel Insight:
The Fitness Equipment Market is segmented by sales channel type into online sales channels, supermarket and hypermarket, retail pharmacies.
Major Key Players of Global Fitness Equipment Market:
The Report Provides a Comprehensive Analysis of the Key Players operating in the Fitness Equipment Market, such as Amer Sports Corporation, Brunswick Corporation, Core Health & Fitness LLC, Fitness EM, LLC, HOIST Fitness Systems, Icon Health and Fitness, Johnson Health Tech, Nautilus Inc., Technogym S.p.A., Torque Fitness, True Fitness. Most of the Key Players in Fitness Equipment Market are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.
Fitness Equipment Market Key Segment:
- Cardiovascular Training Equipment
- Strength Training Equipments
- Other Equipments
By End User
- Home Consumer
- Health Club/Gym
- Other Commercial User
By Sales channel
- Sales Channel
- Supermarket and Hypermarket
- Retail Pharmacies
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA
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