Global gym equipment market is set to exhibit an above average CAGR between 2017 and 2022, as per the latest study conducted by Fact.MR. The study also reveals that the global market for gym equipment will surpass a valuation of US$ 7,600 Mn by 2022-end.
Individuals are progressively enrolling themselves in fitness clubs and gyms in order to stay fit and healthy. A sedentary lifestyle that is followed by a majority of modern consumers is frequently linked with the cause of obesity, mental stress and various choric diseases. This, in turn, has triggered the urgency to adopt a healthier lifestyle. In addition, government authorities in various countries are initiating programs to encourage people to get enrolled in recreational activities that involve intensive physical exercise. The aforementioned factors are expected to reflect favorably on the global gym equipment market during the forecast period. Moreover, the arrival of smart wearable technologies and smartphone application that can monitor user’s health, assist in training and analyze performance has been instrumental in popularizing various gym apparatus and innovative exercise equipment.
|Product Type||Distribution Channel||Buyer Type|
|Cardiovascular Machines||Speciality Stores||Individual|
|Strength Training Equipment||Online Retail||Institution|
|Plate Loaded Equipment||Sport Stores||Promotion|
|Ground Base Equipment||Others|
|Heavy Duty Elite Racks|
|Olympic Bars and Collars|
|Dumbbells & Kettlebells|
Following Questions Answers Covered in the Report are:
- How will the global Gym Equipment Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Gym Equipment Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Gym Equipment Market?
- How will these strategies influence the market growth and competition?
Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=220
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Fact.MR in its report has profiled the key players functioning in the global gym equipment market, which include Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym SpA, Nautilus, Inc, Core Health and Fitness LLC, Torque Fitness LLC, Cosco Capital, Inc., Amer Sports Corporation, Impulse Healthtech Co. Ltd., Icon Health & Fitness, INC.
The Gym Equipment Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in the Gym Equipment Market?
- Which region promises largest opportunity for new investors during the forecast period 2021 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2021 to 2031?
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=220
Popular Sports Industry Market Reports from Fact.MR
eSports Market– The global esports market is expected to account for around US$ 400 Mn revenues by 2022-end. Online mode will continue to be the largest design mode segment of esports adopted around the world, with revenues estimated to hold approximately 50% market share over the forecast period. But, online design mode of e-sports will lose 114 BPS in its share of the market by 2022-end.
Fishing Hooks Market– A recent Fact.MR study foretells the fishing hooks market to record an expansion at 2% CAGR over the forecast period (2018-2028). Fishing hooks continues to witness increased traction in salt water applications. However, fresh water fishing has impressive growth in some of the regions.
Archery Equipment Market– Archery equipment continues to be sold through independent sports outlets, modern trade channels, direct to customer channels, and third party online channels. Of these, sales through third party online channels is anticipated to witness the highest growth rate through 2028, followed by sales through the direct to customer channel.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583
Jumeirah Lakes Towers,