The adoption of he fitness equipment by all the end users (home, health clubs, other commercial users such as hotels etc. ) would grow considerably in future. The adoption by health clubs would grow at a CARR of 4. 13% during 2015 – 2020. To request more information or free sample or purchase the copy of the report, visit: HTTPS:// www. Ultraconservatives. Com/fitness-equipment-market The increasing obese population across the world, especially in developed countries such as U. S. A. , UK, Canada, etc. Rives the usage of fitness equipment. Presently, about 2/3rd of the lobar obese population resides in developed countries. The use of cardiovascular fitness equipment by the obese end-user segment largely drives the overall fitness equipment market, particularly In North America and Europe. Strength trailing equipment are most commonly preferred by the youth for body building and muscle strengthening. Therefore, this market holds promising future across the developing regions with a large presence of young population.
Among the end user segments of fitness equipment, the home/ individual users significantly drive the market growth. A majority of the home users of fitness equipment are from the U. S. There is a significant increase in the count of health conscious aging population across developed countries such as U. S. , UK, Canada that indicate a higher preference for exercising at home, which, in turn boosts the market for fitness equipment.
Key findings of the study: The fitness equipment market would grow at steady rate during the forecast period owing to the Increasing demand by obese population and rising health & fitness awareness The North American region would continue to dominate the market, with round 25th of the market size contribution, each year The cardiovascular equipment segment would drive the market throughout the forecast period with more than 50% of contribution to market size by value The adoption of fitness equipment by commercial customers such as hotels, hospitals, enterprises, etc. Old increase at a CARR of 3. 95% during the forecast period The market growth can be attributed to innovative product launches and increasing collaborations between fitness equipment vendors and the commercial user segment. The need of commercial user segment to Improve their infrastructural offerings, largely supplements the demand for fitness equipment. Numerous leading companies such as Aimer Sports.
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