Title: Brunswick Corporation, Technogym, Johnson Health Tech. Co. Ltd. And Precor Incorporated Are Dominating the Market for Global Fitness Equipment Market in 2017 (1)
1 Fitness Equipment Market
Global Fitness Equipment Market accounted value
of USD 29,867.49 million billion at , at a CAGR
of 6.2 in the forecast period 2018 to 2025
Global Fitness Equipment Market is expected to
reach USD 29,867.49 million by 2025 from USD
18,599.79 million in 2017, at a CAGR of 6.2 in
the forecast period 2018 to 2025. The new market
report contains data for historic years 2016, the
base year of calculation is 2017 and the forecast
period is 2018 to 2025.
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2Report Description
The global fitness equipment market is highly
concentrated to a few big players and rest to
local players who cater to domestic markets only.
Brunswick Corporation dominated the fitness
equipment market accounting for a highest market
share in 2017, followed by Technogym, Johnson
Health Tech. Co. Ltd. and Precor Incorporated.
Other players in this market include are
StairMaster, COSMED, GE healthcare, omron
Healthcare Inc., Seca among others.
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3Key Drivers
- Some of the major factors driving the market for
global fitness equipment market are as rising
incidences of the chronic diseases, increasing
health insurance. - These factors demand the fitness equipment which
boosts the market growth. - Increasing demand of resale (used and
refurbished) of fitness equipment may hinder the
growth of the market.
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4Market Segmentation
- The global fitness equipment market is segmented
on the basis of type, end-user and geography. The
report provides data for 2016 to 2025, 2017 being
the current year while 2018 to 2025 is the
forecast period for the report. - The strength training equipment segment is sub
segmented into single stations, plate loaded
equipment, free weights, benches racks,
multistations and, accessories. The fitness
equipment market is dominated by cardiovascular
training equipment with 67.9 market share in
2018, growing at a CAGR of 6.8 in the forecast
period.
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5Key Points Global Fitness Equipment Market
- Covestro AG is going to dominate the global
fitness equipment market following with Brunswick
Corporation, Technogym, Johnson Health Tech. Co.
Ltd and Precor Incorporated. - The global polyamide market is expected to reach
USD 21,091.49 million by 2025, from USD 12,543.79
million in 2017, growing at a CAGR of 6.8. - The health clubs / gym is expected to dominate
the fitness equipment market with 45.1 market
share, growing at a CAGR 5.8 in the forecast
period 2018 to 2025.
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