Fitness Products and Services Market to Register a Stout Growth by End 2020

Led by growing health awareness and need for an active lifestyle, the global fitness products and services market has grown over the past decade. This report tracks the performance of the industry, providing historic analysis, as well as annual forecasts of the worldwide fitness market. The fitness market includes a wide-range of products and services such as clothing and footwear, training equipment, nutrition food and energy drinks, wireless health and fitness devices, as well as provision of gyms, clubs and fitness/training centers. The report lends an insight into the highly fragmented market by explaining the basic structure of the industry, dynamics, scope, market players and global outlook.

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With the alarming rise in obesity-related problems in adults and health risks of a sedentary lifestyle, there is a need to stay fit now more than ever. Healthy and active living has been encouraged across the globe, and the fitness products and services market has grown rapidly. Large-scale modernization, rising spending capacity in developing countries, opening of fitness clubs and gyms, affordable training equipment available, personal coaches, and cost-effective and highly-advanced wireless healthcare technologies have fueled the growth of the market significantly. In addition, physical activity recommendations by the World Health Organization, government efforts to promote healthy lifestyle, and the consolidation of the entertainment industry into health and well-being to encourage exercising have further propelled the global fitness products and services market.

While the U.S. leads the worldwide fitness market, Asia-Pacific is seen as the pace setter. Treadmills dominate the physical fitness equipment segment due to rising popularity of home gym exercising.

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