Home Fitness Equipment - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Home Fitness Equipment Market is expected to grow at a CAGR of 6.0% during the forecast period. Rising fitness-conscious among individuals and product advancements by the key players to enable home-based workouts are the major factors driving the market growth. However, high price of the equipment and lack of a cardiovascular element are restraining the market growth.
Home Fitness equipment comprises of machines for exercise and devices that help in observing physical exercises or activities. These equipments help in weight management, improving stamina, developing muscular strength, and furthermore in managing a couple of medical issues. Some of the regularly utilized equipments are treadmills, stair climbers, weightlifting machines, and stationary bicycles.
Based on distribution channel, online channels segment is likely to have a huge demand as it offers manufacturers the opportunity to arrive at more clients without having to spend on costly sales and distribution infrastructure. By geography, North America is going to have a lucrative growth during the forecast period due to growing awareness about healthy lifestyles and higher disposable income. There is a rise in trend of wearable’s for self-observing and virtual gathering exercises in the region.
Some of the key players profiled in the Home Fitness Equipment Market include TRUE Fitness Technology Inc, Torque Fitness LLC, Technogym SpA, Precor Inc, NordicTrak, Nautilus Inc, Johnson Health Tech Co, Impulse (Qingdao) Health Tech Co Ltd, Icon Health & Fitness Inc, Core Health and Fitness LLC, Brunswick Corporation and Amer Sports.
Distribution Channels Covered:
• Offline Channels
• Online Channels
• Cardiovascular Training Equipment
• Elliptical Machines
• Interactive Fitness Equipment
• Rowing Machines
• Stationary Cycles
• Strength Training Equipment
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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