Global Fitness Market
The global fitness equipment market is segmented into type end user and region.
Global fitness market. 27 2020 11 33 am. Depending on type the fitness equipment market is categorized into cardiovascular training equipment strength training equipment and other equipment. The rising number of health clubs and gym with personal training and the latest fitness. Today the global fitness industry is valued at nearly 100 billion.
Quality second hand gym equipment. The global health club market is worth approximately 94 billion with 210 000 clubs and over 183 million members worldwide. As one of the foremost authorities in the field of used and refurbished fitness products we take the refurbishing and service aspects of the industry to another level providing our customers with reliable and durable products they can trust. Fitness equipment market size valued at usd 12 billion in 2019 and is anticipated to grow at 4 cagr between 2020 and 2026 the global industry shipments are projected to exceed 14 million units by 2026.
As averages incomes increase and rise of the middle class becomes reality the penetration rate should rise in line. Despite 3800 clubs and nearly a million members penetration is only 0 12. Rising awareness about health and well being among consumers is driving the market growth. The global commercial.
Global commercial fitness equipment market 2020 to 2025 north america has a significant share in the market press release globenewswire aug. The fitness industry in india is seeing more premium players enter the market but generally struggles to generate revenue outside of memberships. The cardiovascular training equipment segment is subsegmented into treadmill elliptical stationary bike. Global health and fitness club market is projected to grow at a cagr of 7 8 during the forecast period.
The international health racquet and sportsclub association found that boutique fitness is the fastest growing brick and mortar. Global commercial fitness equipment market 2020 to 2025 north america has a significant share in the market email print friendly share august 27 2020 05 33 et source.