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Worst May be Over for Outdoor Gym Equipment Market; How Industry Players Will Regain 5.99% Growth Cycle Again
Outdoor Gym Equipment Market Latest Edition Published with Forecast to 2027- Nov 29, 2021
- Leisure Facilities
AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Outdoor Gym Equipment market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Outdoor Gym Equipment market to grow at a CAGR of 5.99%.
The Facilities, such as Strength Training, is boosting the Outdoor Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Outdoor Gym Equipment market will experience significant growth during the forecast period due to potential opportunities lying in the market such as. Some of the important driving forces are “Increasing Awareness Related to Benefits of Healthy Lifestyle, Growing Preference for Workout among Youths and Geriatric Population and Hectic Work Schedule and rising Health Problems like Diabetes & Obesity”.
Outdoor gym equipment refers to the equipment specially designed for open spaces that may be public or private. These products help people exercise and train in the open for free. They are similar to indoor gym equipment and provide the same benefits. There has been a significant rise in the number of people joining fitness centers with a figure stood up to 62 million in the United States alone in 2018, the future for gym equipment looks promising. An increasing number of people getting motivated to join fitness centers, which will fuel the use of outdoor gym equipment as governments of many countries have started setting up outdoor gyms for the public. This, in turn, will propel the market growth.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Outdoor Gym Equipment market , by Application (Public outdoor establishments and Private outdoor establishments) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Outdoor Gym Equipment market to grow at a CAGR of 5.99%.
The Facilities, such as Strength Training, is boosting the Outdoor Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Outdoor Gym Equipment market will experience significant growth during the forecast period due to potential opportunities lying in the market such as
Outdoor gym equipment refers to the equipment specially designed for open spaces that may be public or private. These products help people exercise and train in the open for free. They are similar to indoor gym equipment and provide the same benefits. There has been a significant rise in the number of people joining fitness centers with a figure stood up to 62 million in the United States alone in 2018, the future for gym equipment looks promising. An increasing number of people getting motivated to join fitness centers, which will fuel the use of outdoor gym equipment as governments of many countries have started setting up outdoor gyms for the public. This, in turn, will propel the market growth.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Outdoor Gym Equipment market , by Application (Public outdoor establishments and Private outdoor establishments) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Craig Francis
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