Gym & Exercise Equipment Manufacturing in the US
The Gym and Exercise Equipment Manufacturing industry has struggled to pull its weight over the past five years. Though industry revenue has fluctuated during the period, the trend toward globalization has threatened domestic gym and exercise equipment manufacturing. However, industry revenue is expected to expand amid an anticipated decline in the US dollar trade-weighted index, making domestically manufactured fitness equipment less expensive and, therefore, more appealing to foreign consumers. Over the five years to 2023, industry revenue is expected to improve modestly. However, a decrease in domestic manufacturing operations will enable foreign operators to benefit most from the increased demand.
Operators in this industry manufacture gym and exercise machines, including treadmills, exercise bikes, weights and other equipment for both home and fitness centers. Following the design of sample products, manufacturers purchase raw materials and transform these into a range of athletic equipment. The finished products are then marketed to wholesalers, retailers and individual consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.