Published on : Mar 15, 2017
ALBANY, NY, March 15, 2017: A new market research study has been added by ResearchMoz.us to its vast collection of research reports. The 124-page research study, titled “Global Home Gym Equipments Market Research Report 2017,” offers a detailed analysis of the market, providing insights into the major aspects that are expected to encourage the growth of the market in the next few years. According to the report, the global home gym equipment market is predicted to register a healthy growth rate in the next few years.
The rising obese population, increasing healthcare costs, and the tremendously rising lifestyle diseases are some of the key factors that are anticipated to encourage the growth of the global home gym equipment market in the next few years. In addition, the changing lifestyle of consumers and the rising disposable income are estimated to encourage the growth of the overall market in the coming years. The increasing number of fitness clubs across the globe is another key factor predicted to accelerate the growth of the overall market in the coming years.
On the other hand, the high cost of raw materials and the rising dependency over distributors are likely to hamper the growth of the global home gym equipment market in the coming years. Nevertheless, the rising awareness among consumers regarding a healthy lifestyle is predicted to generate promising opportunities for key players operating in the overall market.
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On the basis of product type, the global market for home gym equipment can be divided into multi-function and single function. Furthermore, in terms of application, the market has been classified into men and women. To offer a clear understanding of the global home gym equipment market, the major factors that are projected to fuel the growth of the global home gym equipment market. In addition, the anticipated growth rate, share, and size of each segment have been presented in the scope of the research study.
The global market for home gym equipment has been categorized on the basis of geography in order to offer a strong understanding of the market. The key segments of the market include China, North America, Europe, Japan, India, and Southeast Asia. According to the research study, North America is anticipated to account for a key share of the global market and maintain a dominating position across the forecast period. The robust growth of this region can be attributed to the rising geriatric population, innovations, and the increasing health issues.
Some of the prominent players operating in the home gym equipment market across the globe are Valor Fitness, Weider, Powerline, Gold's Gym, Fitness Gear, Stamina Products, Marcy, LifeSpan Fitness, Marcy Club, Total Gym, Best Fitness, Steelbody, Bowflex, Body Champ, and Body-Solid. This market is expected to witness a high level of competition throughout the forecast period. Detailed profiles of these players have been included in the scope of the research study.
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