fitness equipment market growth


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  • What is the global fitness equipment market size?

    The global fitness equipment market size was estimated at USD 16.04 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030.

  • Why is the demand for fitness equipment increasing around the world?

    Because of the increasing trend of fitness and sports, the demand for fitness equipment is increasing around the world. Mergers and acquisitions between companies are driving market growth as innovation and market penetration of the companies are increasing.

  • What is the growth rate of the fitness industry?

    Growth Rate – The fitness industry is growing at a rate of 5%-10% per year. Key Segments – The biggest segments within the fitness industry are; gyms, studios, and health clubs; trackers and wearables; apps; online training; and equipment. The gym and health club market is the largest segment within the fitness industry…

  • Which region is the fastest growing in fitness equipment market?

    Asia-Pacific is the fastest-growing region in the overall fitness equipment market. China, Japan, Australia, India, and South Korea are some of the top contributing countries in the region. One of the major factors driving the region's growth is an increased inclination toward personal training and instruction services.

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