Global Home Fitness Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The analysts forecast global home fitness equipment industry to grow at a CAGR of 5.08% during the period 2017-2021.
Complete report on the Home Fitness Equipment Market Research Report spread across 70 pages, profiling 13 companies and supported with 25 lists of exhibits is now available at www.reportsnreports.com/contacts/.aspx?name=1062706 .
The following companies as the key players in the global home fitness equipment market: Cybex International, Nautilus, Precor, and Technogym. Other Prominent Vendors in the market are: Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, and HOIST Fitness Systems.
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The latest trend gaining momentum in the market is growth in online sales. People prefer to shop online for the convenience it offers.
Moreover, the prices offered are often lower online, compared with that offered by brick and mortar stores, because of a reduction in overhead costs. Many international and regional vendors are selling their gym equipment online, which also helps in promoting their products and enhancing brand visibility.
Online retailing has become one of the most important channels for the sale of retail goods and services.
According to the report, one of the major drivers for this market is increased awareness about importance of health and fitness. The demand for fitness equipment such as cardiovascular and strength training equipment is on the rise with the rise in awareness about health and fitness.
Regularly working out helps in burning calories and staying fit. Consumers are increasingly becoming aware of the importance of exercising and the new and advanced equipment available for the same through media and campaigns.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Further, the report states that one of the major factors hindering the growth of this market is limitations of cardiovascular equipment. Resistance exercises are growing in popularity as a complete fitness program.
For instance, adding dumbbells to a treadmill exercise, using an elliptical with arm poles, or exercise bike workout can help increase resistance benefits during workouts. The other reason for the growing adoption of resistance exercises is that cardiovascular equipment is not suitable for everyone.
For instance, the cushioned surface of a treadmill may still inflict a jarring impact on the back; and stress the hip, knee, and ankle joints. Space constraints in urban areas is also a drawback; this equipment take up a lot of space.
The sophisticated treadmills and elliptical are around 36 inches wide and 72 inches long and generally do not fold up.
This report covers the present scenario and the growth prospects of the global home fitness equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from home fitness equipment, which includes cardiovascular and strength training equipment, has been considered.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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