According to a new report published by Allied Market Research, titled, “Outdoor fitness equipment Market,” The outdoor fitness equipment market size was valued at $1.5 billion in 2020, and is estimated to reach $1.8 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.
According to CXOs, the COVID-19 pandemic impacted the growth of the global fitness equipment industry, on the other hand, it has raised awareness among consumers to maintain proper fitness as exercising regularly would aid in improving fitness and would benefit in the long term. Rise in awareness among consumers has forced them to get into fitness, which, in return, increased the demand for in-home as well as outdoor fitness equipment. Furthermore, governments of different countries are taking initiatives for building outdoor fitness centers for their citizens and motivating them to get into fitness. These initiatives taken by governments are expected to increase the sales of outdoor fitness products, therefore boosting the growth of the overall fitness equipment industry.
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Customers in emerging nations such as India and Brazil are likely to be drawn in by innovative types of outdoor exercise equipment with a variety of functions. The developed markets, on the other hand, are expected to be driven by high-end equipment with sophisticated and advanced user interaction.
Key Take Away
- Action Series segment dominates the Outdoor Fitness Equipment Market and is expected to retain its dominance throughout the forecast period.
- Outdoor Gyms segment dominates the Outdoor Fitness Equipment Market and is expected to retain its dominance throughout the forecast period.
- North America dominates the Outdoor Fitness Equipment Market in 2020, and is expected to retain its dominance throughout the forecast period.
Obesity is caused by sedentary lifestyles, lack of time for physical activity, and consumption of unhealthy food across the world. One of the primary factors driving the growth of the m, particularly in the developed regions such as Europe, is the growing incidence of obesity. Moreover, rise in the number of outdoor gymnasiums and fitness center providers offering a variety of equipment and free to low-cost workout fees has boosted the number of people using outdoor fitness facilities, thus contributing toward the outdoor fitness equipment market growth. Furthermore, key players in the global market are developing new equipment to provide a better experience, which is expected to foster the outdoor fitness equipment market opportunities for growth.
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According to the outdoor fitness equipment market analysis, by application, the outdoor gym gained a major share in 2020, and is expected to sustain its market share during the outdoor fitness equipment market forecast period, with a CAGR of 4.1%. As outdoor gyms are the most common place that consumers prefers to work out and the outdoor gym offers an access to heavy weight equipment that are used by the bodybuilders to train, which fuels the outdoor fitness equipment market growth.
Region wise, North America dominated the outdoor fitness equipment market in 2020, and is estimated to exhibit a CAGR of 3.8%, as a higher percentage of population prefers to visit outdoor gym and workout in North American countries.
The players operating in the global outdoor fitness equipment industry have adopted various developmental strategies to expand their outdoor fitness equipment market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Landscape Structures Inc., Beckmann, SportsPlay Equipment, Inc., Wicksteed Leisure Ltd, PlayCore Inc., Outdoor Fitness, Inc., Proludic Ltd., Xccent, Inc., the Great Outdoor Gym Company Ltd., and Kompan, Inc.
Key Market Segments
- By Product Type
- Action Series
- Heavy duty Series
- Regular Series
- By Application
- Public Institution
- Fitness Park and Trails
- Government Fitness Centers
- Outdoor Gyms
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Chile
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Kompan. A/S
- Landscape Structures Inc.
- Outdoor Fitness, Inc.
- PlayCore Inc.
- Proludic Ltd
- SportsPlay Equipment, Inc
- Stayfit Health and Fitness World Private Limited
- The Great Outdoor Gym Company Ltd
- Wicksteed Leisure Ltd
- Xccent, Inc
Transparency Market Research (TMR) has published a new report titled, ‘Nitinol Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.
According to the report, the global Nitinol medical devices market was valued at US$ 14,571.7 Mn in 2018 and is projected to expand at a CAGR of 8.5% from 2019 to 2027.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1685 OverviewNitinol is an unique class of shape-memory alloy that is made of nickel titanium.
Nitinol properties include the shape-memory effect, super elasticity, and high damping capability.
These technical properties of nitinol shape-memory alloy can be modified to a large extent by changes in composition, heat treatment, and mechanical working.Some of the major properties of nitinol include high fatigue strength, nonmagnetic, high power/weight ratio, corrosion resistance, heat resistance, and biocompatible.Nitinol is used in cardiovascular stents, kink resistant guide wires, minimally invasive surgical tools, and self-locking orthopedic devices.
).North America dominated the global nitinol medical devices market in 2018 and the trend is anticipated to continue during the forecast period.
Increasing adoption of technological advanced products and increasing prevalence of peripheral artery disease has contributed to dominant share of the region in global market.Asia Pacific is likely to be a highly lucrative market for nitinol medical devices and it is expected to expand at a high CAGR during the forecast periodRequest Customization on Nitinol Medical Devices Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=1685 Increased Clinical Application of Nitinol Based Products in Medical Procedures to Drive MarketUsage of nitinol in the medical industry has increased due to demand for minimally invasive procedures utilizing novel instruments and implants.
This report studies the global Outdoor Fitness Equipment market status and forecast, categorizes the global Outdoor Fitness Equipment market size (value & volume) by manufacturers, type, application, and region.
This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
The major manufacturers covered in this report • PlayCore • Landscape Structures • Kompan, Inc • PlayPower • ELI • Henderson • e.Beckmann • SportsPlay • Childforms • Kaiqi • ABC Team • DYNAMO Download Free Sample Report @ https://www.radiantinsights.com/research/global-outdoor-fitness-equipment-market-research-report-2019/request-sample Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering • North America • Europe • China • Japan • Southeast Asia • India We can also provide the customized separate regional or country-level reports, for the following regions: • North America • United States • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Indonesia • Singapore • Rest of Asia-Pacific • Europe • Germany • France • UK • Italy • Spain • Russia • Rest of Europe • Central & South America • Brazil • Argentina • Rest of South America • Middle East & Africa • Saudi Arabia • Turkey • Rest of Middle East & Africa On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Action Station • Heavy duty Series • Regular Series • Others On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including • Schools • Parks & Recreation • Military Fitness Training • Playgrounds • Fitness Trails • Community • Others The study objectives of this report are: • To analyze and study the global Outdoor Fitness Equipment capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025); • Focuses on the key Outdoor Fitness Equipment manufacturers, to study the capacity, production, value, market share and development plans in future.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market • To strategically profile the key players and comprehensively analyze their growth strategies.
The global Frozen Food Market size is expected to value at USD 360.36 billion by 2024.
The market is subject to witness a substantial growth due to the changing lifestyle patterns, shifting preferences among consumers towards ready-to-cook meals, increasing demand for convenience food, and growing focus towards hygienic food products.
Frozen food products are able to retain maximum vitamins and minerals.The freezing allows longer shelf life for the food products and limits any form of microbial growth that leads to food spoilage.
In addition, increasing penetration by e-commerce retail stores is expected to fuel the growth of frozen food industry in the upcoming years.
Increasing demand form staple food products from developed economies across the globe is propelling market growth as well, in the recent years.
Increasing demand for frozen fruits and vegetables from developed and developing economies is expected to positively affect market performance of frozen food industry in the upcoming years.
