Fitness Equipment Market in U.S. Region is Predicted to Grow Exponentially By 2024

The U.S. fitness equipment market is also expected to grow considerably over 2018-2024. In fact, according to a 2017 estimate, the U.S dominated the overall industry with an astounding market share of about 35%. As per a report by the United States Department of Labor, between 2008 and 2015 weight lifting and use of cardiovascular equipment – two verticals that extensively utilize fitness equipment – were among the top two activities that individuals within the age bracket of 15 years and above participated in as a part of their fitness and sports related activities.

The APAC fitness equipment market is expected to grow at an impressively rapid rate in the ensuing years, that can be aptly credited to the developments in the regional fitness and healthcare industries. This is specifically true of China and India – two massive markets that are likely to depict an extremely lucrative growth potential. According to a 2018 report by the International Health Racquet and Sports club Association (IHRSA), approximately 22 million individuals attracted in by around 14 markets signed up to a health club in 2017. However, considering the fact that a majority of the world’s population resides in this region, the number exclusively spells out opportunity for health clubs and fitness gym chains to capitalize on the considerably untapped potential of the region.

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The fitness equipment market, a pivotal sub-sphere of the global fitness sector – has been strongly reinforcing its stance in its parent industry ever since the advent of fitness gyms. Valued at $10 billion in 2017, fitness equipment market has been showcasing an exponential rate of growth primarily on account of the fact that the lifestyle of a modern-day human is increasingly becoming more and more sedentary. The prevalence of this lifestyle coupled with the modern-day conveniences, where cheaply-priced fast-food is readily made available at the touch of a button, creates an extremely flourishing environment for cases of obesity as well as chronic diseases.

Government-led initiatives in several nations that work on raising the awareness regarding the maintenance of better fitness would also be adding fuel to the industry growth. For instance, in the UK, the National Health Service (NHS) Live Well initiative maintains an extensive online portal that provides fitness tips to people of all ages in an ongoing effort to help individuals lead a healthier life.

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Driven by the robust awareness regarding sound health and good fitness levels, the revenue graph of fitness equipment market is expected to demonstrate an exponential rate of growth. The growing demand for this equipment in health clubs across the globe is projected to stimulate the fitness equipment market, slated to cross $14 billion by 2024.

Some Point from Table of Contents:

Data Tables:

TABLE 1      Fitness equipment industry 3600 synopsis, 2013 – 2024

TABLE 2      Fitness equipment industry size, 2013 – 2017 (USD Million)

TABLE 3      Fitness equipment industry size, 2018 – 2024 (USD Million)

TABLE 4      Fitness equipment market size, by region, 2013 – 2017 (USD Million)

TABLE 5      Fitness equipment industry size, by region, 2018 – 2024 (USD Million)

TABLE 6      Fitness equipment industry size, by equipment, 2013 – 2017 (USD Million)

TABLE 7      Fitness equipment industry size, by equipment, 2018 – 2024 (USD Million)

TABLE 8      Fitness equipment industry size, by cardiovascular equipment, 2013 – 2017 (USD Million)

TABLE 9      Fitness equipment industry size, by cardiovascular equipment, 2018 – 2024 (USD Million)

TABLE 10     Fitness equipment market size, by strength training equipment, 2013 – 2017 (USD Million)

TABLE 11     Fitness equipment industry size, by strength training equipment, 2018 – 2024 (USD Million)

TABLE 12     Fitness equipment industry size, by end-use, 2013 – 2017 (USD Million)

TABLE 13     Fitness equipment market size, by end-use, 2018 – 2024 (USD Million)

TABLE 14     Vendor matrix

TABLE 15     Industry impact forces

TABLE 16     Nautilus revenue, by retail channel

TABLE 17     Cardiovascular equipment market size, 2013 – 2017 (USD Million)

TABLE 18     Cardiovascular equipment market size, 2018 – 2024 (USD Million)

TABLE 19     Cardiovascular equipment market size, by region, 2013 – 2017 (USD Million)

TABLE 20     Cardiovascular equipment market size, by region, 2018 – 2024 (USD Million)

TABLE 21     Cardiovascular equipment market size, by end-use, 2013 – 2017 (USD Million)

TABLE 22     Cardiovascular equipment market size, by end-use, 2018 – 2024 (USD Million)

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