Physical Fitness Equipment: A Global Strategic Business Report
San Jose, California (PRWEB) September 24, 2014
Follow us on LinkedIn – Exercising is emerging as one of the most important healthcare trends worldwide. The rise in chronic diseases as a result of the pervasive sedentariness of modern life is throwing the focus on physical activity as imperative to improve public health. Governments across the world are implementing several physical activity initiatives to promote exercise and healthy behavior changes among target sectors of the population. With several medical studies highlighting the multiple benefits of physical activity including reduced risk of obesity, type 2 diabetes, coronary heart disease (CHD), and cancer, the popularity of exercising is growing rapidly. People across country, age, gender, and milieu are increasingly focusing on regular exercise as one of the important activities of daily living to lead a more healthy, satisfying and productive life.
Physical fitness equipment are tools that help shed excess weight, tone-up the body, slow down problems associated with aging, and remain fit and active. Physical fitness equipment, when used appropriately, exercises various muscle groups in the body and delivers host of benefits such as improved strength, calorie burning, body toning, and increased body flexibility. Fitness energizes physical as well as mental well-being, thereby enhancing the quality of life. The physical fitness market comprises equipment and gear used at home, or in institutions such as clubs/gyms, colleges, schools, hotels, hospitals and spas.
Growth in the market is driven by the strong focus on leading healthy lifestyles among the affluent population in developed and developing economies. Aging population, rise in obesity, and high prevalence of chronic disorders including osteoporosis, augurs well for the market. Growing economic strength of the global middle class is positively influencing demand for home physical fitness equipment. As therapeutic tools for heart patients, cardio machines and equipment are witnessing strong demand, rise in the number of wellness centers, health clubs, and gyms, is also benefiting growth in the market. The trend is especially favoring cardio machines such as treadmills and elliptical trainers, steppers, bicycles and rowing machines.
As stated by the new market research report on Physical Fitness Equipment, the United States represents the largest market worldwide. The obesity epidemic in the country and the rising wave of fitness and wellness among Americans are factors driving growth. Asia-Pacific ranks as the fastest growing market surging at a CAGR of 8.0% over the analysis period, buoyed by increasing awareness over the importance of regular physical activity, coupled with rapid economic growth and disposable incomes. Perceived as suitable for beginners and ideal for weight loss Treadmills remain the most popular fitness equipment accounting for a large share of the market, while exercise bikes are forecast to witness the fastest growth.
Key players covered in the report include Body Solid Inc., Cybex International Inc., Dyaco International Inc., Heart Rate Inc., Heinz Kettler GmbH & Co. KG, ICON Health & Fitness, Inc., Johnson Health Tech Co. Ltd., Keys Fitness Products L.P., Life Fitness Inc., Nautilus Inc., Paramount Fitness Corp., PowerSport International Ltd., Precor Inc., Reebok International Ltd., Star Trac Health & Fitness Inc., Technogym S.p.A., Total Gym Global Corp., and Tunturi New Fitness B.V., among others.
The research report titled “Physical Fitness Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in dollars for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific, Middle East, and Latin America. Product Groups/Segments analyzed in the report include Treadmills, Resistance Equipment (Free Weights, and Home Gyms/Multi-Stations), Elliptical Trainers, Aerobic Riders, Cross Country Ski Machines, Stationary Exercise Bicycles, Exercise Bikes (Upright Stationary, Group Exercise, and Recumbent Stationary), Benches, Ab Crunchers/Abdominal Machines, Step Machines/Stair Climbers, Stretching Machines, Rowing Machines, Toning Machines, Massagers, and Other Physical Fitness Equipment.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Physical_Fitness_Equipment_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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