tylerrake (1)

1
Fitness Equipment Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast The global fitness equipment market was
valued at USD 11,090.3 Million in 2019 and is
projected to reach USD 15,026.2 Million by 2027,
expanding at a CAGR over 3.8 during the forecast
period. Fitness Equipment enables users to
effectively exercise at their preferred locations
including their own house, gym, offices, and
others (School/College, hotels, and hospitals).
Fitness equipment is classified based on the type
of equipment that includes cardiovascular
training equipment, strength training equipment,
and others. Also, the market is further segmented
based on application areas of this fitness
equipment and it includes home consumers, small
gyms, office, others.
Fitness equipment is typically utilized by the
young population to the elderly. Earlier, gym and
fitness equipment were popular amongst the
majority of the young generation. With the
changing lifestyles, bad eating habits, and
increasing disposable income the adoption of
fitness equipment changed over a while and it
increases the demand for fitness equipment. The
increasing disposable income is resulting in
increasing spending of households on lifestyle
improvements which makes them purchase and own
the equipment for fitness training. Also, the
rising elderly population across different
countries is another factor increasing the
adoption of fitness equipment.
Get A Free Sample Report _at_ https//growthmarketrep
orts.com/request-sample/93
There is a continuous upsurge in obesity issue
count majorly in the urban inhabitants across the
globe due to change in living habits and
consumption of junk food has caused in increased
finesses and health awareness among the
generation. According to the CDS (Center for
Disease Control), a major portion of individuals
in the U.S were reported with obesity issues.
Long-standing costs of obesity conditions, such
as gallbladder diseases, cardiovascular
illnesses, breathing issues, and osteoarthritis,
are the major roots of concern among the mid and
younger generation in the U.S. along with
childhood obesity, which is a main reason of
heart diseases.
If you have any questions on this report, please
reach out to us _at_ https//growthmarketreports.co
m/enquiry-before-buying/93
The government of developed countries has
purposed several healthcare programs, For
instance, increasing fitness allowance for
corporate or government employees is likely to
upsurge in upcoming times, therefore, it is
projected that employees may invest a significant
ratio of the salary of their procuring fitness
equipment or to join fitness centers, thereby,
driving an increase in sales. Also, mounting
mortality rates due to such issues have made
governments to launch numerous health norms, such
as clean living, organic food consumption,
relocation to suburban areas, and fitness
activities, for the betterment of human life
expectancy.
About Growth Market Reports Growth Market
Reports provides global enterprises as well as
medium and small businesses with unmatched
quality of Market Research Reports and
Industry Intelligence Solutions. Growth Market
Reports has a targeted view to provide business
insights and consulting to assist its clients to
make strategic business decisions and achieve
sustainable growth in their respective market
domain.
Contact Info
2
Growth Market Reports Address- 1st Floor,
Kalpavruksha Office No 1, GK Lane Number 3,
Pimple Nilakh, Pune, Maharashtra 411027 Phone
No- 1 909 545 6473 Email- sales_at_growthmarketrep
orts.com Website- https//growthmarketreports.com
/