Gym Equipment Market Projected to grow at a CAGR of 4.2% by 2024

Posted on 2018-11-29 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Nov-29 — /EPR Network/ —According to Goldstein Research, global gym equipment market is expected to reach USD 12.1 billion by 2024 from an estimated market size of USD 8.7 billion in 2015, growing at a CAGR of 4.2% over the forecast period 2016-2024. The rising concerns over health and increasing demand for professional fitness services is driving the growth of gym equipment market. Global gym equipment market segmentation has been done on the basis of product type, distribution channel and geography. Geographically, global gym equipment industry is dominated by North America with a market share of 35.0% in 2016, owing to high personal disposable income and rising health & fitness awareness of people.

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Market Segmentation

Global Gym Equipment Market can be segmented as follows:

By Product Type

Cardiovascular Training Equipment
Treadmills
Elliptical
Stationary bike
Rowing machine
Others
Strength Training Equipment
Squat Rack.
Barbells
Bench Press.
Incline bench press
Dumbbells
Other
Other Equipment

By Distribution Channels

Offline Channels
Online Channels

By Region

North America Gym Equipment Market Analysis, 2016-2024
Europe Gym Equipment Market Analysis, 2016-2024
Middle East And Africa Gym Equipment Market Analysis, 2016-2024
Latin America Gym Equipment Market Analysis, 2016-2024
Asia Pacific Gym Equipment Market Analysis, 2016-2024
Rest Of The World Gym Equipment Market Analysis, 2016-2024

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“Global Gym Equipment Market Outlook 2024” contains detailed overview of the global gym equipment market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, distribution channel and geography.

The Global Gym Equipment Market Report highlights the competitive analysis of major players and their company profiling discusses the business strategies analysis, revenue distribution by geography & business segments, financial analysis and investments by the company.

Key players of the global gym equipment market discussed in the report are: Amcor Limited, Mondi plc, DS Smith, DuPont, Ball Corporation, Georgia-Pacific LLC, International Paper Company, Evergym equipment, Tetra Laval Corporation, BioMass Packaging, Airlite Plastics, Cascades, Graham Packaging Company, etc.

Further, Global Gym Equipment Market Report encompasses the analysis of market drivers, opportunities, trends, risk analysis, challenges, market attractiveness, Porter’s five force model, SWOT analysis and BPS analysis. The report also includes the market share, market size, growth rate, and relevant statistics to provide market insights to the stakeholders in the market in order to formulate business strategies.

Global gym equipment market is further bifurcated in various segments with separate market analysis mentioned below:

Connected Gym Equipment Market

Gym equipments are getting smarter with the innovation of technology and digitization across the globe. Connected gym equipments also offer capability to track your workout session data on mobile apps. The global connected gym equipment market is accounted for roughly USD 135 million in 2016 and expected to expand at compound annual growth rate of 26.7% over the forecast period i.e. 2016-2024.

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