global fitness equipment market: industry analysis & outlook (2016-2020) - koncept analytics
TRANSCRIPT
Global Fitness Equipment Market: Industry Analysis and Outlook
----------------------------------------- (2016-2020)
View Report Details
Executive Summary Fitness means good health, especially good physical condition from proper exercising and good nutrition. Personal fitness
training has become a common practice today and is attracting large number people. The high pressure lifestyle and stress related to it has forced people to maintain a healthy and fit body. Fitness equipment is any device used to enhance the strength or conditioning effects of that exercise by providing either fixed or adjustable amounts of resistance. The commonly used fitness equipment includes treadmills, stationary bicycles and weight lifting machines such as free weights and benches.
Fitness equipments can be divided in to various categories depending upon the end users, types of exercises and the retail segments. By end users, it can be divided into two broad categories namely domestic and institutional. By exercise type, it can be divided into three categories; cardiovascular, strength and others.
The global fitness equipment market is set to experience favorable growth driven by several factors including increase in fitness club members, escalating elderly population, surging global obese population, increasing GDP per capita and rising global middle class population. Growth of the overall market will be supported by increased participation of people in sports, leading to ongoing opening of new health and fitness clubs, increasing demand for fitness equipments and sports goods. However, growth of the market will be hindered by cyclicality and changing consumer behavior.
The report “Global Fitness Equipment Market: Industry Analysis & Outlook (2016-2020)” analyzes the development of this market, with focus on the European and North American markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Nautilus Inc., Amer, Brunswick and Technogym are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global fitness equipment market along with the study of the regional markets.
View Report Details
The global fitness market is experiencing favorable growth driven by increasing self awareness of well-being, supported by increased participation of people in sports, leading to ongoing opening of new health and fitness clubs, increasing demand for fitness equipments and sports goods.
• The top five countries, the US, UK, Germany, Japan and Brazil held nearly …% share of the total market. The global fitness market was valued at EUR… billion by the end of year 2015, of which the US alone generated revenue worth EUR… billion followed by UK generating revenue worth EUR… billion.
• In 2015, the European region led the global fitness market and contributed nearly …% of the overall revenue share followed by North America with …% share. Followed by Asia Pacific, Latin America and Africa & Middle East with …%, …% and …% of the revenue share respectively.
• By the end of year 2020, the global fitness market will reach EUR… billion, increasing from EUR… billion in 2016, growing at a CAGR of …% for the period spanning 2016-2020.
Global Fitness Market by Region (2015)
Global Fitness Market by Value (2015)
Global Fitness Market Forecast by Value (2016-2020)
2016 2017 2018 2019 2020
EUR
Billio
n
The US UK Germany Japan Brazil Others
EUR
Bilio
n
Europe North America Asia Pacific
Latin America Africa and Middle East
Growing self-awareness for healthy, nourished and strong physique among the populace all around the globe has made the market for fitness equipment very lucrative. To avoid dreadful consequences of health issues, more and more people are opting for exercises and training.
• In 2015, the overall revenue generated by global fitness equipment market amounted to EUR… billion, representing an increase of …% in the market size, as compared to EUR… billion in the previous fiscal year growing at a CAGR of …%, for years spanning 2011-2015.
• By 2020, the revenue shares of North America and Europe are likely to decrease to …% and …% respectively. But, the Asia Pacific market is expected to increase to …%.
• The Global fitness equipment market is expected to reach EUR… billion by the end of year 2020, increasing from EUR… billion in the end of year 2016, recording growth at a CAGR of …% for the period spanning 2016-2020.
Global Fitness Equipment Market Forecast by Region (2020)
Global Fitness Equipment Market by Value (2011-2015)
Global Fitness Equipment Market Forecast by Value (2016-2020)
2011 2012 2013 2014 2015
Perc
enta
ge
EUR
Billio
n
Revenue Annual Growth
2016 2017 2018 2019 2020
Perc
enta
ge
EUR
Billio
n
Revenue Annual GrowthNorth America Europe Asia-Pacific Latin America and MEI A
The demand for fitness equipment in Europe is expected to increase considerably in coming few years owing to the increasing obese population along with rising health awareness.
• The European fitness equipment market is expected to grow at a CAGR of …% spanning, 2016-2020, and reach EUR… billion by the end of year 2020.
• It is forecasted that the North American fitness equipment market is expected to increase in the coming years and generate revenue worth US$... billion by the end of 2020, rising at a CAGR of …% for the period spanning 2016 to 2020.
• By the end of 2020, the Asia Pacific fitness equipment market is expected to reach EUR… billion mark, growing continuously at a CAGR of …%, spanning from 2016 to 2020.
North American Fitness Equipment Market Forecast by Value (2016-2020)
European Fitness Equipment Market Forecast by Value (2016-2020)
Asia Pacific Fitness Equipment Market Forecast by Value (2016-2020)
2016 2017 2018 2019 2020
EUR
Billio
n
2016 2017 2018 2019 2020
US$
Billio
n
2016 2017 2018 2019 2020
Perc
enat
ge
EUR
Billio
n
Revenue Annual Growth
Koncept AnalyticsCS-36, Second Floor, Ansal Plaza
Vaishali, Ghaziabad, U.P. – 201010
T. +91-120-4130959C: +91-9811715635
Contact Us:
www.konceptanalytics.com
Vikas GuptaBD Manager
These are abridged and sanitized sample pages from the comprehensive report on the “ Global Fitness Equipment Market ”. To know more about this report or for any customized research requirement, please contact the following:
View Report Details