Industry Background:
A treadmill is used for cardio workout and generally used for running and walking. It uses the continuous belt which allows the individual to walk or run depending on the speed they select. It can be inclined or declined as well to increase the intensity of workout. The belts are made of PVC, rubber or nylon. These are used in motorized as well as manual treadmill. Moreover, the increasing health awareness and obesity is propelling the market growth.This growth is primarily driven by Increasing obese population is contributing towards the market growth. There has been change in lifestyle of people due to increasing work pressure. This is leading to rising consumption of packaged or processed food which causes obesity. Hence, increasing awareness about the health risk associated with obesity is fueling the market growth of treadmill belts..
Globally, a noticeable market trend is evident Rising Awareness of Health and Fitness. Major Manufacturers, such as Habasit Fitline (Switzerland), THL (New Zealand), Ammeraal Beltech (Australia), RF Clarke Ltd (United Kingdom), Probe (United Arab Emirates), Ace conveyor solutions (India), Icon Health & Fitness (United States) and Cybex International (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing obese population is contributing towards the market growth. There has been change in lifestyle of people due to increasing work pressure. This is leading to rising consumption of packaged or processed food which causes obesity. Hence, increasing awareness about the health risk associated with obesity is fueling the market growth of treadmill belts.
Market Trend
- Rising Awareness of Health and Fitness
Restraints
- High Costs Associated with the Treadmill
Opportunities
Adoption of Treadmill in Developing Countries and Increasing Adoption of Wellness and Fitness as the Way of Life
AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase