A detailed analysis of the fitness equipment market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.

Expanding health concerns and the rise in awareness about physical wellness and appearance, are predicted to augment the fitness equipment market progression in the forthcoming years. The prevalence of chronic heart diseases worldwide has influenced people to adapt regular physical exercise to their daily routine.

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Burgeoning demand for stationary exercise bikes due to their compact size and ease of installation is positively influencing the industry landscape. These bikes provide an aerobic effect leading to caloric burning, muscle strengthening and weight loss. They help in improving the flow of blood and oxygen throughout the body. During the stringent lockdown norms imposed due to pandemic, there was a notable rise in the demand for exercise bikes in 2020 that help in high-performance workout at home.

Rising number of guests demanding a comprehensive wellness experience, various hotels are inclined on building fitness centers on their premises which impelling the demand for fitness equipment in hotels. Besides, significant expansion of hospitality sector across the globe is offering ample growth opportunities to the industry as luxury hotels provide gyms for health-conscious visitors. Various industry players are identifying the demand from hospitality sector and offering customized solutions as per specific hotel requirements. To illustrate, Life Fitness help customers to design a space for fitness conscious guests according to the hotel layout and available space.

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Asia Pacific fitness equipment market is anticipated to progress at a notable pace in the coming years, owing to the growing awareness about physical health among the large population base and surging number of gymgoers. Moreover, a substantial rise in disposable income of consumers in countries like India, China, and South Korea, has led to a grown investment in fitness equipment, such as treadmills and stationary bikes.

Asia Pacific has one of the largest young and working populations across the globe. Their stressful lifestyles are expected to encourage them to adopt regular exercise, or avail fitness services, in order to reduce stress levels. The growing inclination towards physical wellness among the large population base is attracting fitness equipment manufacturers to expand their bases in APAC.

Major Key Points from Table of Content:

Chapter 5   Fitness Equipment Market, By Equipment

5.1    Fitness equipment market share, by equipment, 2020 & 2027

5.2    Cardiovascular equipment

5.2.1    Market estimates and forecast, 2017 - 2027

5.2.2    Market estimates and forecast, by equipment, 2017 - 2027

5.2.3    Market estimates and forecast, by end-use, 2017 - 2027

5.3    Strength training equipment

5.3.1    Market estimates and forecast, 2017 - 2027

5.3.2    Market estimates and forecast, by equipment, 2017 - 2027

5.3.3    Market estimates and forecast, by end-use, 2017 - 2027

5.4    Others

5.4.1    Market estimates and forecast, 2017 - 2027

Chapter 6   Fitness Equipment Market, By End-Use

6.1    Market share, by end-use, 2020 & 2027

6.2    Home

6.2.1    Market estimates and forecast, 2017 - 2027

6.3    Health Clubs

6.3.1    Market estimates and forecast, 2017 - 2027

6.4    Offices

6.4.1    Market estimates and forecast, 2017 - 2027

6.5    Hotels

6.5.1    Market estimates and forecast, 2017 - 2027

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