In recent years, the fitness industry has continued to develop. Especially since the outbreak of the new crown pneumonia epidemic, people have paid more and more attention to sports and fitness, and the fitness industry has accelerated its penetration online.
1. Market scale of fitness industry
The fitness industry market scale has continued to grow, and according to Global Market Insights, Inc. estimates, the global fitness equipment market size is expected to exceed $25 billion by 2027.
2. Fitness Industry Growth Rate
The growth in the fitness industry has been nothing short of incredible. According to several reports, over the past year, the industry has grown by an incredible 2.6% globally.
3. The structure of the fitness industry
The COVID-19 pandemic has reshaped the fitness landscape, boosting the home fitness industry. Home fitness has become a significant opportunity as online sales of home fitness equipment boom
What makes Strength Training a Major Trend in the Gym Equipment Industry?
Strength training machines are gaining appeal in the gym equipment industry among young people, fitness gurus, and sportsmen. Strength exercise helps boost insulin sensitivity, bone strength, cardiovascular stability, and neuromuscular development. The increased awareness of health issues, as well as the prevalence of lifestyle diseases such as diabetes, obesity, and cancer among the adult population, is driving up demand for strength training equipment.
