riannarodrigues - PowerPoint PPT Presentation

About This Presentation
Title:

riannarodrigues

Description:

Global fitness equipment market is growing at a CAGR of 5.05%, and is expected to reach $14.45 billion by 2028. Get Free Sample Report. – PowerPoint PPT presentation

Number of Views:0
Slides: 4
Provided by: riannarodrigues
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: riannarodrigues


1
Fitness and Gym Cultures Popularity Offers
Profitable Prospects to Global Fitness Equipment
Market Growth
According to the projections put forth by Inkwood
Research, the Global Fitness Equipment Market is
anticipated to register a CAGR of 5.05 in terms
of revenue during the forecasting years of
2021-2028. Browse 48 Market Data Tables and 44
Figures spread over 203 Pages, along with an
in-depth TOC on the Global Fitness Equipment
Market Forecast 2021-2028.
VIEW TABLE OF CONTENT LINK - https//www.inkwoodre
search.com/reports/fitness-equipment-
market/table-of-contents Fitness equipment is
characterized as any device or apparatus utilized
during physical activity in order to enhance the
exercises strength or conditioning benefits,
thus improving its outcome or experience. The
main types of fitness equipment include
cardiovascular equipment as well as strength
training equipment. Fitness equipment may also
include wearing goods such as suitable gloves,
footgear, and others.
2
REQUEST FREE SAMPLE LINK - https//www.inkwoodrese
arch.com/reports/fitness-equipment-
market/request-free-sample Popularity of
Fitness and Gym Culture to Augment Market
Growth As per industry sources, the global
fitness and health club industry generates more
than 80 billion in revenue annually. Besides,
people are also becoming more health-conscious,
owing to which several fitness franchises are
continually expanding every year. Furthermore,
mass media plays an integral role in determining
fitness culture, given the messages of an ideal
body image they convey. Commercial advertisements
have also emerged as an influential and
significant force in generating a stereotype of
the idyllic body image, not confined to fashion
advertisements. Likewise, with more people
turning to fitness as a lifestyle choice, the gym
culture is set to foresee fast-paced growth.
Hence, the popularity of fitness and gym culture
fuels the global fitness equipment market
growth. Online is the Fastest-Growing
Distribution Channel Online distribution channels
include third-party companies and e-commerce
websites. These facilitate the direct buying of
goods or services from a seller via the internet
using a mobile app or web browser. Consumers find
a product of interest directly or through
alternative vendors using search engines that
display the same products prices and
availability at different e-retailers. Moreover,
e-commerce companies promote fitness equipment
through various social media channels. All
fitness equipment types are available via online
channels. In addition, consumers can shop online
using a wide range of devices. Fastest-Growing
Region Asia-Pacific The growing number of
fitness influencers, the thriving gym culture,
and the rising fitness awareness are among the
key growth drivers in the region. Besides, the
region encompasses a huge number of obese,
overweight people. Such factors, along with the
increasing numbers and popularity of fitness
influencers, offer lucrative growth
opportunities. The strong market competition is
accredited to the companies with undifferentiated
fitness equipment products with larger product
portfolios. At the same time, several companies
are launching new products to capture new
markets. Some key companies in the market include
Technogym SPA, iFIT Health Fitness Inc, Life
Fitness, Nautilus Inc, etc. Request for
Customization https//inkwoodresearch.com/request
-for-custom-report/ About Inkwood
Research Inkwood Research specializes in
syndicated customized research reports and
consulting services. Market intelligence studies
with relevant fact-based research are customized
across industry verticals such as technology,
automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that
acknowledges the business environments. Our
geographical analysis comprises North South
America, CEE, CIS, Middle East, Europe, Asia, and
Africa. Contact Us
3
https//www.inkwoodresearch.com
sales_at_inkwoodresearch.com 1-(857)
293-0150 Related Reports GLOBAL ELECTRIC VEHICLE
MARKET GLOBAL ELECTRIC VEHICLE CHARGING SYSTEM
GLOBAL ELECTRIC VEHICLE POLYMER GLOBAL ELECTRIC
VEHICLE ON BOARD CHARGING
Write a Comment
User Comments (0)
About PowerShow.com