Asia-Pacific Fitness Equipment Market by Type (Cardiovascular training equipment, Strength training equipment, Other equipment, Activity monitors, Body analyzers) and Users (Home consumers, Health clubs, Other commercial users, Corporate offices, Hotels, Hospitals) - Opportunity Analysis and Industry Forecast, 2014 - 2020

May 2015 | 95 pages | ID: A4AB60F6EFEEN
Allied Market Research

Abstracts

Fitness equipment comprise of all machines and monitoring devices required for numerous physical exercises. Fitness exercise’s help in overall weight management and in improving physical stamina along with developing muscular strength. Moreover, physical exercises are also advised during certain medical treatments. The demand of fitness equipment is rising globally due to increasing health awareness. The commonly observed fitness equipment commercially are treadmills, stair climbers, weightlifting machines, stationary bicycles, etc.
The adoption of fitness equipment is majorly driven by the large number of obese people, especially in developed countries. The obese population segment, drives the usage of cardiovascular equipment for weight management. The increased awareness for health & fitness also drives the adoption of fitness equipment, especially favored by increasing gym memberships and in-home equipment sales. The growth in urban population is a key driving factor for the adoption of fitness equipment. Initiatives such as corporate wellness programs also contribute to the growth of the fitness equipment market. A large scale resale of used fitness equipment, limits the growth opportunities in this market. However, the rising demands from developing countries would ensure the overall market growth.

The market is segmented into types of fitness equipment such as machines for cardiovascular training, strength training and other instruments for monitoring & tracking. The end user segment for the fitness equipment market comprise of home/individual, health clubs and other commercial organizations. A major commercial segment for this market includes equipment procured by hotels, corporate wellness centers at enterprises, hospitals, etc. Geographically, the market is segmented across North America, Europe, Asia-Pacific and Latin America, Middle East & Africa (LAMEA). North America is expected to continue leading the global market throughout the analysis period of 2014 - 2020. The Asia-Pacific region would grow at a rapid CAGR during forecast period 2015 - 2020.
In order to gain a competitive insight of the market, leading players are analyzed in the report along with their key business strategies. The report covers an analysis of key vendors such as Precor, Paramount, Cybex, Nautilus, ICON Health & Fitness Inc., Fitness EM, Johnson HealthTech, Impulse Health, Technogym, Brunswick Corp. and Torque Fitness LLC.

KEY BENEFITS

• The detailed analysis provides market intelligence with respect to types, users and geographies to enable precise investment decisions for stakeholders
• Value chain analysis provides key inputs on the role of all key intermediaries in the market which would help the stakeholders in devising appropriate strategies
• Porter’s five force analysis highlights the influence of suppliers & buyers and describes the competitive scenario of the market, which would facilitate efficient business planning
• The analysis of most significant drivers, restraints and opportunities help to understand the overall market dynamics

MARKET SEGMENTATION
The global fitness equipment market is segmented on the basis of type, user and geography.
MARKET BY TYPE

• Cardiovascular training equipment
• Strength training equipment
• Other equipment
• Activity monitors
• Body analyzers

MARKET BY USER

• Home/Individual User
• Health Clubs/Gym
• Other Commercial User
• Corporate offices
• Hospitals
• Hotels

MARKET BY GEOGRAPHY

• North America (NA)
• Europe (EU)
• Asia-Pacific (APAC)
• Latin America, Middle-East and Africa (LAMEA)

KEY PLAYERS

• Amer Sports Corporation
• Cybex International Inc.
• Nautilus Inc.
• ICON Health & Fitness Inc.
• Brunswick Corporation
• Impulse Health Tech Ltd.
• Technogym SpA
• Johnson Health Tech Co. Ltd.
• Paramount Fitness Corporation
• Fitness EM LLC
• Torque Fitness LLC

Contents

CHAPTER 1 INTRODUCTION

1.1 Report Description
1.2 Key market segments
1.3 Key benefits
1.4 Research methodology
  1.4.1 Secondary research
  1.4.2 Primary research
  1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspectives
2.2 Market beyond: What to expect by 2025
  2.2.1 Base case scenario
  2.2.2 Optimistic case scenario
  2.2.3 Critical case scenario

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings
  3.2.1 Top impacting factors
  3.2.2 Top winning strategies
  3.2.3 Top investment pockets
3.3 Latest trends in the market
3.4 Porter’s five forces analysis
  3.4.1 Lower threat of substitutes due to absence of feasible alternative
  3.4.2 Players from sports goods business increase the threat of new entrants
  3.4.3 Bargaining power of suppliers is limited to moderate level due to agreements with material vendors
  3.4.4 High bargaining power of buyers/ distributers due to dependence on distributors
  3.4.5 Competition in the market increases with emergence of domestic players
3.5 Value chain analysis
  3.5.1 Raw material suppliers
  3.5.2 Fitness equipment manufacturers
  3.5.3 Distributors
  3.5.4 Users of machines/ equipment
3.6 Market share analysis, 2014
3.7 Case studies
3.8 Market dynamics
  3.8.1 Drivers
    3.8.1.1 Rising Fitness awareness and health concerns
    3.8.1.2 Increasing Obese population across the world
    3.8.1.3 Initiatives from governments, enterprises, etc.
  3.8.2 Restraints
    3.8.2.1 Material processing regulations
    3.8.2.2 Resale of used fitness equipment
  3.8.3 Opportunities
    3.8.3.1 Growing youth population in developing countries
    3.8.3.2 Increasing disposable income across the emerging economies

CHAPTER 4 GLOBAL FITNESS EQUIPMENT MARKET BY TYPE

4.1 Cardiovascular training equipment
  4.1.1 Key market trends
  4.1.2 Competitive scenario
  4.1.3 Key growth factors & opportunities
  4.1.4 Treadmills
  4.1.5 Stationary cycles
  4.1.6 Wave machines
  4.1.7 Market size and forecast
4.2 Strength training equipment
  4.2.1 Key market trends
  4.2.2 Competitive scenario
  4.2.3 Key growth factors & opportunities
  4.2.4 Free weights
  4.2.5 Cable crossover machines
  4.2.6 Market size and forecast
4.3 Other equipment
  4.3.1 Key market trends
  4.3.2 Competitive scenario
  4.3.3 Key growth factors & opportunities
  4.3.4 Activity monitors
  4.3.5 Body analysers
  4.3.6 Market size and forecast

CHAPTER 5 GLOBAL FITNESS EQUIPMENT MARKET BY USERS

5.1 Home/ individual usage
  5.1.1 Introduction
  5.1.2 Market size and forecast
5.2 Health clubs/ Gyms
  5.2.1 Introduction
  5.2.2 Market size and forecast
5.3 Other commercial users
  5.3.1 Introduction
  5.3.2 Corporate offices
  5.3.3 Hospitals
  5.3.4 Hotels
  5.3.5 Market size and forecast

CHAPTER 6 GLOBAL FITNESS EQUIPMENT MARKET BY GEOGRAPHY

6.1 North America
  6.1.1 Key market trends
  6.1.2 Competitive scenario
  6.1.3 Key growth factors and opportunities
  6.1.4 Market size and forecast
6.2 Europe
  6.2.1 Key market trends
  6.2.2 Competitive scenario
  6.2.3 Key growth factors and opportunities
  6.2.4 Market size and forecast
6.3 Asia Pacific
  6.3.1 Key market trends
  6.3.2 Competitive scenario
  6.3.3 Key growth factors and opportunities
  6.3.4 Market size and forecast
6.4 Latin America, Middle East & Africa (LAMEA)
  6.4.1 Key market trends
  6.4.2 Competitive scenario
  6.4.3 Key growth factors and opportunities
  6.4.4 Market size and forecast

CHAPTER 7 COMPANY PROFILES

7.1 Amer Sports Corporation
  7.1.1 Company overview
  7.1.2 Company snapshot
  7.1.3 Business performance
  7.1.4 Strategic moves and developments
  7.1.5 SWOT analysis of Amer Sports (Precor)
7.2 Nautilus Inc.
  7.2.1 Company overview
  7.2.2 Company snapshot
  7.2.3 Business performance
  7.2.4 Strategic moves and developments
  7.2.5 SWOT analysis of Nautilus
7.3 Brunswick Corporation
  7.3.1 Company overview
  7.3.2 Company snapshot
  7.3.3 Business performance
  7.3.4 Strategic moves and developments
  7.3.5 SWOT analysis of Brunswick
7.4 Johnson HealthTech Ltd.
  7.4.1 Company overview
  7.4.2 Company snapshot
  7.4.3 Business performance
  7.4.4 Strategic moves and developments
  7.4.5 SWOT analysis of Johnson Health-Tech Ltd.
7.5 Paramount Fitness Corporation
  7.5.1 Company overview
  7.5.2 Company snapshot
  7.5.3 Strategic moves and developments
  7.5.4 SWOT analysis of Paramount
7.6 Cybex International Inc.
  7.6.1 Company overview
  7.6.2 Company snapshot
  7.6.3 Strategic moves and developments
  7.6.4 SWOT analysis of Cybex International
7.7 Impulse Health Tech Ltd. Co.
  7.7.1 Company overview
  7.7.2 Company snapshot
  7.7.3 Strategic moves and developments
  7.7.4 SWOT analysis of Impulse Fitness
7.8 ICON Health & Fitness Ltd.
  7.8.1 Company overview
  7.8.2 Company snapshot
  7.8.3 SWOT analysis of ICON Health & Fitness
7.9 Technogym SpA
  7.9.1 Company overview
  7.9.2 Company snapshot
  7.9.3 Strategic moves and developments
  7.9.4 SWOT analysis of Technogym
7.10 Fitness EM LLC
  7.10.1 Company overview
  7.10.2 Company snapshot
  7.10.3 SWOT analysis of Fitness EM
7.11 Torque Fitness LLC
  7.11.1 Company overview
  7.11.2 Company snapshot
  7.11.3 SWOT analysis of Torque Fitness

List Of Tables

LIST OF TABLES

TABLE 1 GLOBAL FITNESS EQUIPMENT MARKET BY GEOGRAPHY, 2014-2020 ($ MILLION)
TABLE 2 GLOBAL FITNESS EQUIPMENT BASE CASE SCENARIO MARKET BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 3 GLOBAL FITNESS EQUIPMENT OPTIMISTIC CASE SCENARIO MARKET BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 4 GLOBAL FITNESS EQUIPMENT CRITICAL CASE SCENARIO MARKET BY GEOGRAPHY, 2020-2025 ($ MILLION)
TABLE 5 GLOBAL FITNESS EQUIPMENT MARKET BY TYPE, 2014-2020 ($ MILLION)
TABLE 6 GLOBAL CARDIOVASCULAR FITNESS EQUIPMENT MARKET BY REGION, 2014-2020 ($MILLION)
TABLE 7 GLOBAL STRENGTH TRAINING FITNESS EQUIPMENT MARKET BY REGION, 2014-2020 ($MILLION)
TABLE 8 GLOBAL OTHER FITNESS EQUIPMENT MARKET BY REGION, 2014-2020 ($MILLION)
TABLE 9 GLOBAL FITNESS EQUIPMENT MARKET BY USERS, 2014-2020 ($ MILLION)
TABLE 10 GLOBAL HOME USAGE FITNESS EQUIPMENT MARKET BY REGION, 2014-2020 ($ MILLION)
TABLE 11 GLOBAL HEALTH CLUB USAGE FITNESS EQUIPMENT MARKET BY REGION, 2014-2020 ($ MILLION)
TABLE 12 GLOBAL OTHER COMMERCIAL USAGE FITNESS EQUIPMENT APPLICATIONS MARKET BY REGION, 2014-2020 ($ MILLION)
TABLE 13 NORTH AMERICAN FITNESS EQUIPMENT MARKET BY USER, 2014-2020 ($MILLION)
TABLE 14 EUROPEAN FITNESS EQUIPMENT MARKET BY USER, 2014-2020 ($MILLION)
TABLE 15 ASIA-PACIFIC FITNESS EQUIPMENT MARKET BY USER, 2014-2020 ($MILLION)
TABLE 16 LAMEA FITNESS EQUIPMENT MARKET BY USER, 2014-2020 ($MILLION)
TABLE 17 SNAPSHOT OF AMER SPORTS
TABLE 18 SNAPSHOT OF NAUTILUS INC.
TABLE 19 SNAPSHOT OF BRUNSWICK CORP.
TABLE 20 SNAPSHOT OF JOHNSON HEALTH-TECH LTD.
TABLE 21 SNAPSHOT PARAMOUNT FITNESS CORP.
TABLE 22 SNAPSHOT OF CYBEX INTERNATIONAL INC.
TABLE 23 SNAPSHOT OF IMPULSE HEALTH-TECH LTD.
TABLE 24 SNAPSHOT OF ICON HEALTH & FITNESS LTD.
TABLE 25 SNAPSHOT OF TECHNOGYM SPA
TABLE 26 SNAPSHOT OF FITNESS EM LLC.
TABLE 27 SNAPSHOT OF TORQUE FITNESS LLC

List Of Figures

LIST OF FIGURES

FIG. 1 TOP IMPACTING FACTORS, BASE CASE (2020-2025)
FIG. 2 TOP IMPACTING FACTORS, OPTIMISTIC CASE (2020-2025)
FIG. 3 TOP IMPACTING FACTORS, CRITICAL CASE (2020-2025)
FIG. 4 TOP IMPACTING FACTORS OF FITNESS EQUIPMENT MARKET
FIG. 5 TOP WINNING STRATEGIES IN FITNESS EQUIPMENT MARKET
FIG. 6 TOP WINNING STRATEGIES IN FITNESS EQUIPMENT MARKET BY LEADING PLAYERS
FIG. 7 TOP INVESTMENT POCKETS OF FITNESS EQUIPMENT MARKET
FIG. 8 PORTER’S MODEL OF FITNESS EQUIPMENT MARKET
FIG. 9 VALUE CHAIN MODEL OF FITNESS EQUIPMENT MARKET
FIG. 10 MARKET SHARE ANALYSIS, 2014
FIG. 11 OBESE POPULATION ACROSS WORLD (PREVALENCE %)
FIG. 12 DISTRIBUTION OF GLOBAL YOUTH POPULATION ACROSS REGIONS (%)
FIG. 13 LIFE EXPECTANCY AND NATIONAL INCOME ACROSS WORLD
FIG. 14 REVENUE OF AMER SPORTS, 2012-2014, $ MILLION
FIG. 15 REVENUE OF AMER SPORTS., BY BUSINESS SEGMENT (%), 2014
FIG. 16 REVENUE OF AMER SPORTS., BY GEOGRAPHY (%), 2014
FIG. 17 SWOT ANALYSIS OF AMER SPORTS
FIG. 18 NET SALES OF NAUTILUS INC., 2012-2014, $ MILLION
FIG. 19 SWOT ANALYSIS OF NAUTILUS
FIG. 20 NET SALES OF BRUNSWICK, 2012-2014, $ MILLION
FIG. 21 SWOT ANALYSIS OF BRUNSWICK
FIG. 22 NET SALES OF JOHNSON HEALTH-TECH LTD., 2012-2014, $ MILLION
FIG. 23 SWOT ANALYSIS OF JOHNSON HEALTH-TECH LTD.
FIG. 24 SWOT ANALYSIS OF PARAMOUNT
FIG. 25 SWOT ANALYSIS OF CYBEX INTERNATIONAL
FIG. 26 SWOT ANALYSIS OF IMPULSE FITNESS
FIG. 27 SWOT ANALYSIS OF ICON HEALTH & FITNESS
FIG. 28 SWOT ANALYSIS OF TECHNOGYM
FIG. 29 SWOT ANALYSIS OF FITNESS EM
FIG. 30 SWOT ANALYSIS OF TORQUE FITNESS LLC