Persistence Market Research Reports Fitness Equipment Market

Fitness Equipment Market 2016 - 2024: Market
Opportunities, Competitive Landscape, Segmentation,
Analysis & Forecast
Europe region anticipated to grab maximum share of the global fitness equipment market
The Europe region accounted for a market share of 38% in terms of value in 2016 and is expected to lose 23
BPS over the forecast period. In 2016, the Europe fitness market was valued at more than US$ 6,200 Mn and is
expected to cross US$ 8,000 Mn by 2024, registering a CAGR of 3.5% over the projected period. The Europe
fitness equipment market represented an absolute $ opportunity of a little more than US$ 200 Mn in 2016 over
2015 and incremental opportunity of close to US$ 2,000 Mn between 2016 and 2024.
Increasing awareness of a healthy lifestyle accompanied by a surge in the number of fitness clubs likely to
fuel the growth of the fitness equipment market in Europe
A sedentary lifestyle, limited or no time for physical activities and intake of junk food is responsible for obesity
across the globe. The rising prevalence of obesity is one of the major factors fueling the growth of the global
fitness equipment market, especially in developed countries like Europe. Increase in the number of gymnasiums
and fitness service providers offering various packages and discounts for weight loss and related programs have
increased the client base. All these factors are creating a positive impact on the growth of the fitness equipment
market in Europe.