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Fitness Equipment Market: Reliable Industy Size and CAGR Predictions for 2020-2026

Author : Ronak Bora | Published Date : 2020-09-03 

The fitness equipment market is anticipated to garner lucrative gains on account of rising number of fitness centres and gyms. As a result of a hectic lifestyle, people nowadays are facing difficulty in indulging in outdoor activities. This has compelled a lot of people to invest in gym equipment that are easily accessible and require relatively less time to operate than engaging in outdoor sports.

Rapid expansion of fitness centres across Europe can help aid ongoing efforts by federal organizations to emphasize the significance of well-being and health. Meanwhile, technological innovations in fitness instruments could further enhance business outlook.

According to a study published by Global Market Insights, Inc., the fitness equipment market could touch USD 15 billion by 2026.

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Gyms and health clubs are constantly adopting advanced equipment that offer customized and personalized workouts sessions, improving overall workout experience. Countries in Europe are observing a significant surge in the number of gym and fitness centres memberships. Switzerland is a shining example of this as health insurers in the region are offering subsidies to those paying for health club memberships.

Growing concerns over health and well-being triggered due to hectic and sedentary lifestyles have driven the demand for cardiovascular fitness equipment market. The product offer numerous health benefits like improved immunity and facilitates optimum blood pressure levels. In order to curb stress-induced issues, various people often gravitate towards cardiovascular workouts. 

Equipment like exercise bikes is usually preferred by professional mountain climbers as it helps in strengthening core muscles and improves cardio-respiratory capacity while facilitating muscle toning and weight loss. Equipment manufacturers are launching a myriad of outdoor as well as indoor exercise bikes that come with touch screen consoles to give a wholesome workout experience. 

Top Key Players In Fitness Equipment Market are Acoustic Research, Inc., Anker Technology (UK) Ltd., Bang & Olufsen A/S, Bose Corporation, Bowers & Wilkins Group Ltd., Dynaudio, Harman International Industries, Inc., JBL, Klipsch Group Inc., Koninklijke Philips N.V., LG Electronics Inc., Pioneer Corporation, Plantronics, Inc., Polk Audio, Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co. KG, Sentry Industries, Inc., Sony Corporation, VIZIO Inc., Yamaha Corporation

The APAC fitness equipment market is projected to observe steady growth as emerging countries like China and Japan record high sales of fitness equipment. Key countries in the region house an advanced electronics sector that could hugely benefit the fitness equipment industry. Prominent companies are experimenting with high-quality wearable technologies that utilize advanced sensors.

Meanwhile, numerous companies are planning to expand their market presence in Japan. Taking March 2020 for instance, Snap Fitness revealed its intentions to launch its stores with Global Fitness Japan Co. in 300 new locations. 

Table of Content:

Chapter 4.   Fitness Equipment Market, By Equipment

4.1.    Key trends by equipment

4.2.    Cardiovascular

4.2.1. Market estimates and forecast, 2015 - 2026

4.2.2. Market estimates and forecast, by equipment, 2015 - 2026

4.2.3. Market estimates and forecast, by end-use, 2015 - 2026

4.3.    Strength training

4.3.1. Market estimates and forecast, 2015 - 2026

4.3.2. Market estimates and forecast, by equipment, 2015 - 2026

4.3.3. Market estimates and forecast, by end-use, 2015 - 2026

4.4.    Others

4.4.1. Market estimates and forecast, 2015 - 2026

4.4.2. Market estimates and forecast, by end-use, 2015 - 2026

Chapter 5.   Fitness Equipment Market, By End-Use

5.1.    Key trends by end-use

5.2.    Home

5.2.1. Market estimates and forecast, 2015 - 2026

5.3.    Health Clubs

5.3.1. Market estimates and forecast, 2015 - 2026

5.4.    Offices

5.4.1. Market estimates and forecast, 2015 - 2026

5.5.    Hotels

5.5.1. Market estimates and forecast, 2015 - 2026

Chapter 6.   Fitness Equipment Market, By Region

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/fitness-equipment-market-report

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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