Bodily Health Gear 2022-2027 – World Market Trajectory & Analytics Report – Main Gamers embrace Cybex Worldwide, ICON Well being & Health, Nautilus & Reebok Worldwide – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Added Physical Fitness Equipment – ​​Global Market Trajectory & Analytics report ResearchAndMarkets.com Offer.

The global fitness equipment market is projected to reach $19.4 billion by 2027

Amid the COVID-19 crisis, the global physical fitness equipment market valued at US$13.5 billion in 2020 is projected to reach a revised size of US$19.4 billion by 2027 and 2020 with the analysis period grow at a CAGR of 5.3% -2027. Cardiovascular Training, one of the segments analyzed in the report, is expected to register a CAGR of 5.7% and reach US$11 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and the economic downturn it is causing, growth in the strength training segment is adjusted to a revised annual growth rate of 5% for the next 7 years.

The US market is valued at US$4.5 billion while China is forecast to grow at 7.3% CAGR

The US fitness equipment market is valued at US$4.5 billion in 2020. China, the second largest economy in the world, is forecast to reach a projected market size of US$3.2 billion by the year 2027, representing a CAGR of 7.3% over the 2020-2027 analysis period. Among the other notable geographic markets include Japan and Canada, which are forecasting growth of 3.9% and 4.5%, respectively, over the period 2020-2027. Within Europe, growth of approx. 4.5% CAGR is forecast for Germany.

Other device types segment is expected to register 4.2% CAGR

In the global Other Device Types segment, the US, Canada, Japan, China and Europe will drive the 3.9% CAGR estimated for this segment. These regional markets, which collectively represent a market size of US$652.7 million in 2020, will reach a projected size of US$852 million by the end of the analysis period. China will remain one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India and South Korea, the Asia-Pacific market is expected to reach US$2.5 billion by 2027, while Latin America is expected to grow at a CAGR of 5.4% over the analysis period.

Main topics covered:

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

  • Insights into the influencer market

  • world market developments

  • Effects of Covid-19 and a looming global recession

  • Impact on the fitness sector

  • Demand for home fitness equipment is increasing amid the COVID-19 pandemic

  • Changes in people’s fitness routines as a result of COVID-19

  • Commercial fitness equipment takes a hit as gyms face difficulties

  • UK gym and health club memberships in millions (2014:2020E)

  • Physical Fitness Equipment – Global Percentage Market Share of Key Competitors in 2022 (E)

  • Competitive market presence – strong/active/niche/trivial for players worldwide in 2022 (E)

  • Physical Fitness Equipment: A Prelude

  • types of equipment

  • outlook

  • Growth drivers in a nutshell

  • Important growth-inhibiting factors

  • Analysis by segment

  • Developing Countries: A focal point for current and future market growth

  • contest

  • Current market activity

  • world brands

2. FOCUS ON SELECTED PLAYERS (total 97 in focus)

  • American Sports Corporation

  • Precor Incorporated

  • BFT Fitness Co.,Ltd.

  • Body Solid, Inc.

  • Cybex International, Inc.

  • LifeFitness, Inc.

  • Dyaco International Inc.

  • heart rate inc

  • ICON Health & Fitness, Inc.

  • Johnson Health Tech Co.,Ltd.

  • Nautilus, Inc.

  • Reebok International Ltd.

  • Sports Art Fitness, Inc.

  • Star Trac Health & Fitness, Inc.

  • Technogym SpA

  • Total Gym Global Corp.

  • TRUE Fitness Technology, Inc.

  • Tunturi New Fitness BV

  • YANRE Fitness Equipment Co.,Ltd.

3. MARKET TRENDS & DRIVERS

  • The Covid-19 pandemic drives connected fitness

  • Advanced equipment offers futuristic workouts

  • Technology is disrupting the fitness program

  • Personalization and immersive experiences are gaining traction as boutique fitness clubs proliferate

  • Technology for treadmills

  • Key trends in the health, wellness and fitness industry summarized

  • Health and Fitness Clubs: An important market for fitness equipment

  • Considerations when choosing commercial fitness equipment

  • Recreation in gyms and health clubs to enhance growth

  • Number of health and fitness clubs worldwide (in thousands): 2011: 2025

  • Bodybuilders remain the core customer group for commercial equipment

  • Home Fitness Equipment: An Expanding Market

  • Key trends making the transition to home workouts easier

  • Focus on preventative healthcare to drive demand for home fitness equipment

  • Increasing acceptance of elliptical trainers for home use

  • The growing importance of exercise bikes as an effective fitness solution for cardiovascular health is driving demand

  • Growing overweight and obese population are benefiting from the market outlook

  • Classification of BMI

  • Global obesity epidemic: Percentage of overweight, obese, and severely obese adults for 2014 and 2025

  • Average annual health expenditure per capita (in US dollars) due to obesity

  • Increasing participation of women in sports and fitness due to increasing purchasing power increases sales

  • Increasing interest in home exercise among women

  • Major sporting events support revenue growth

  • Muscle building machines are becoming increasingly popular among teenagers

  • Cardio machines outweigh weights

  • Elliptical Trainers: Advantages Over Treadmills

  • Trends toward group exercise fuel market expansion

  • Technological integration into fitness equipment for the visually impaired promises good marketability

  • Emerging technologies, advanced software and personalized solutions for specialized training are driving demand in the military sector

  • Favorable demographic and other macro trends strengthen the market outlook

  • Increasing need for physical activity in the aging population: A major growth driver

  • Global Aging Population Statistics for Age Group 65+ in Millions by Geographic Region for Years 2019, 2025, 2035 and 2050

  • Exponential increase in urban population

  • World Urban Population in Thousands: 1950-2050

  • Percentage of urban population in selected countries for 2018, 2020, 2030, 2040 and 2050

  • Increasing prosperity of the rising middle class

  • Population of the global middle class (in millions) and as a percentage of total population: 2005, 2015, 2025 and 2035

  • Global middle class spending (in trillions of US dollars) by geographic region

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total companies profiled: 97

For more information about this report, visit https://www.researchandmarkets.com/r/awwp3d

Comments are closed.