The global fitness equipment market is expected to register a CAGR of 5.05% during the forecast period, 2021-2028

·3 min read

The popularity of gym & fitness culture, fitness equipment benefits, and increasing health consciousness due to obesity prevalence propel market growth. MARKET INSIGHTS

New York, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL FITNESS EQUIPMENT MARKET FORECAST 2021-2028" - https://www.reportlinker.com/p06188368/?utm_source=GNW
Fitness equipment is an apparatus or device used during physical activities for enhancing strength and conditioning. The main types of fitness equipment include strength training equipment and cardiovascular equipment.
Physical fitness is a key factor in sustaining a healthy lifestyle.Also, the fitness equipment manufacturers are innovating new products, and health clubs consistently upgrade to the latest equipment.

The latter includes equipment to monitor heart rate, track calories, log exercises, etc.The other equipment includes elliptical, treadmills, exercise bikes, etc.

Treadmills are the most common exercise equipment.It offers several health benefits like enhancing heart health and muscle tone.

While elliptical boosts stamina and cardio fitness, burns body fat and calories, and strengthens leg muscles. Whereas exercise bikes boost cardiovascular health. Such benefits increase the demand for fitness equipment, primarily based on the benefits they offer. However, the global fitness equipment market growth is hindered by counterfeit products and high costs.

REGIONAL INSIGHTS
The global fitness equipment market growth assessment includes the geographical analysis of Asia-Pacific, Europe, North America, and Rest of World. North America is the largest region in terms of revenue share in the global market, accredited to the growing trend of home workouts and health awareness.

COMPETITIVE INSIGHTS
The market rivalry is high, with some companies acquiring other companies to boost their product portfolio. Core Health & Fitness Llc, Impulse (Qingdao) Health Tech Co Ltd, Cybex International Inc, Johnson Health Tech Co Ltd, etc., are among the prominent companies in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. CORE HEALTH & FITNESS LLC
2. CYBEX INTERNATIONAL INC
3. GYMEQUIP.EU
4. HEINZ KETTLER GMBH & CO KG
5. IFIT HEALTH & FITNESS INC (FORMERLY ICON HEALTH & FITNESS INC)
6. IMPULSE (QINGDAO) HEALTH TECH CO LTD
7. JOHNSON HEALTH TECH CO LTD
8. LIFE FITNESS
9. NAUTILUS INC
10. PELOTON INTERACTIVE INC
11. PRECOR INCORPORATED (PREVIOUSLY OWNED BY AMER SPORTS)
12. TECHNOGYM SPA
13. TOTAL FITNESS EQUIPMENT
14. TRUE FITNESS TECHNOLOGY INC
Read the full report: https://www.reportlinker.com/p06188368/?utm_source=GNW

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