Fitness Equipment Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

Global fitness equipment market is likely to post an incremental growth of $ 7.71 bn, decelerating at a CAGR of  18.52% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.

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Fitness Equipment Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Product (cardiovascular training equipment, strength training equipment, and other equipment), End-user (individual users and health clubs and gyms), and Geography (North America, APAC, Europe, MEA, and South America).
• 38% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Fitness Equipment Market size.

Fitness Equipment Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Increased demand for home fitness equipment will be a significant factor in driving the growth of the Fitness Equipment Market.
• Technological advancements in fitness equipment will be instrumental in driving the market growth during the forecast period.
• High cost of fitness equipment and availability of counterfeit products is a hurdle that needs to be crossed on the path to success.

Fitness Equipment Market: Vendor Analysis

• The market is fragmented.
• Core Health and Fitness LLC, Dyaco International Inc., Icon Health and Fitness Inc., Impulse (Qingdao) Health Tech Co. Ltd., Johnson Health Tech Inc., Life fitness, Nautilus Inc., Panatta Srl, TECHNOGYM Spa, and Tunturi New Fitness BV are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Market segments
• Comparison by Product
• Filleting and skinning equipment - Market size and forecast 2020-2025
• De-heading and gutting equipment - Market size and forecast 2020-2025
• Grading equipment - Market size and forecast 2020-2025
• Scaling equipment - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Product

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Core Health and Fitness LLC
• Dyaco International Inc.
• Icon Health and Fitness Inc.
• Impulse (Qingdao) Health Tech Co. Ltd.
• Johnson Health Tech Inc.
• Life fitness
• Nautilus Inc.
• Panatta Srl
• TECHNOGYM Spa
• Tunturi New Fitness BV

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will decelerate at a CAGR of 18.52%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 7.71 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increased demand for home fitness equipment will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, APAC, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   38% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Core Health and Fitness LLC, Dyaco International Inc., Icon Health and Fitness Inc., Impulse (Qingdao) Health Tech Co. Ltd., Johnson Health Tech Inc., Life fitness, Nautilus Inc., Panatta Srl, TECHNOGYM Spa, and Tunturi New Fitness BV
    
7. What are the market segments covered in this report?
   The market is segmented by Product (cardiovascular training equipment, strength training equipment, and other equipment), End-user (individual users and health clubs and gyms), and Geography (North America, APAC, Europe, MEA, and South America)