DUBLIN–(BUSINESS WIRE)–The “Global Fitness Equipment Market 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The global fitness equipment market is anticipated to register growth at a compound annual growth rate of 3.95% in value over the period of 2022-2028.
Companies Mentioned
Factors such as the growing popularity of fitness culture, rising health consciousness due to obesity concerns, and advantages of fitness equipment are fuelling the growth of the fitness equipment market. Additionally, the rising home workout trends and smart home gym equipment applications are offering new opportunities for the studied market over the forecast period.
However, the rising sale of fraudulent products and costly fitness equipment impede the overall development of the fitness equipment market globally.
Globally, the Asia-Pacific is expected to emerge as the fastest-growing region in the fitness equipment market over the forecasted period. The region’s growth can be attributed to the rising obesity levels and the increasing number of fitness influencers. In recent years, the high obesity levels have encouraged people to opt for gym memberships, which has surged the adoption of fitness equipment. Other than this, the pandemic induced home workout trends that fueled the fitness trends across major countries. Therefore, such factors drive the fitness equipment market’s growth across the APAC region.
Key Topics Covered:
1. Global Fitness Equipment Market – Summary
2. Industry Outlook
2.1. Impact of Covid-19 on Fitness Equipment Market
2.2. Key Insights
2.2.1. Rising Adoption of Wearable Devices
2.2.2. Increasing Popularity of High-Intensity Interval Training
2.3. Porter’s Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Mergers & Acquisitions
2.6.2. Contracts & Agreements
2.6.3. Product Launches
2.6.4. Expansions & Divestitures
2.7. Market Drivers
2.7.1. Growing Popularity of Fitness Culture
2.7.2. Rising Health Consciousness Due to An Increase in Obesity
2.7.3. Advantages of Fitness Equipment
2.8. Market Challenges
2.8.1. Increasing Fraudulent Products
2.8.2. Costly Fitness Equipment
2.9. Market Opportunities
2.9.1. Rising Home Workouts
2.9.2. Applications of Smart Home Gym Equipment
3. Global Fitness Equipment Market Outlook – by Type
3.1. Cardiovascular Equipment
3.2. Strength Training Equipment
3.3. Other Equipment
4. Global Fitness Equipment Market Outlook – by End-User
4.1. Home
4.2. Apartment
4.3. Health Club/Gym
4.4. Hotel
4.5. Corporate Office
4.6. Others
5. Global Fitness Equipment Market Outlook – by Distribution Channel
5.1. Online
5.2. Offline
6. Global Fitness Equipment Market – Regional Outlook
7. Competitive Landscape
8. Research Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/p3ojuw
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Laura Wood, Senior Press Manager
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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
