DUBLIN--(BUSINESS WIRE)--The "Fitness Equipment market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global fitness equipment market to grow with a CAGR of 5.4% over the forecast period of 2018-2024.
Global fitness equipment market is showing a positive trend of development around the globe. There are many factors which are indicating a positive outlook of market for medium and long term.
Factors such as rising urbanization in developing countries, increasing obese population, increasing white collar job/official job is reducing time for physical activities, growing health awareness among working population, working women and house wives are driving the fitness equipment market globally.
However, high cost of fitness equipment, lack of post-sale service of fitness equipment, unavailability of good trainers are key restraining factor for the market.
As the urbanization, white collar job is increasing in developing countries, due to major focus on the service sector by the governments, the demand of health clubs, gym, and physical activities centers will grow, the demand of fitness equipments would grow automatically.
On the basis of region, the global fitness equipment market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is leading market of global fitness equipment market, due to rising obesity problem among all age group, increasing health consciousness, increasing number of health clubs and memberships are the major reason for the growth of fitness equipment market in this region.
Asia region is expected to grow at the highest CAGR during the forecast period of 2018-2024, due to increasing health awareness among youth and adult, increasing disposable income among men and women, reducing time for physical activities, and societal effects would drive the market in this region.
Key Topics Covered
2. Executive Summary
3. Global Fitness Equipment Market Overview
4. Global Fitness Equipment Market by Type
5. Global Fitness Equipment Market by End User
6. Global Fitness Equipment Market by Region 2016-2024
7. Companies Covered
- Icon Health & Fitness, Inc.
- Brunswick Corporation
- Johnson Health Tech Co. Ltd.
- Technogym S.p.A
- Amer Sports Corporation
- Nautilus, Inc.
- Core Health and Fitness LLC
- True Fitness Technology, Inc.
- Impulse (Qingdao) Health Tech Co. Ltd.
- Torque Fitness LLC
For more information about this report visit https://www.researchandmarkets.com/research/hw3khn/global_fitness?w=4