PUBLISHER: TechNavio | PRODUCT CODE: 1524750
PUBLISHER: TechNavio | PRODUCT CODE: 1524750
The outdoor gym equipment market is forecasted to grow by USD 524.6 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the outdoor gym equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness of diabetes and obesity, rising cost of healthcare services, and growing urbanization in developing countries.
Technavio's outdoor gym equipment market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.37% |
CAGR | 4.83% |
Incremental Value | $524.6mn |
By Application
By Geographical Landscape
This study identifies the adoption of strategic wellness initiatives by governments and non-profit organizations as one of the prime reasons driving the outdoor gym equipment market growth during the next few years. Also, increased demand for advanced equipment and rise in integrated workout formats for group fitness classes will lead to sizable demand in the market.
The report on the outdoor gym equipment market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outdoor gym equipment market vendors that include Belson Outdoors LLC, Broxap Ltd, Caloo Ltd., Forpark Australia, Fresh Air Fitness, Greenfields Outdoor Fitness Inc., Jupiter Play and Leisure Ltd., Khalsa Gymnastic Works, KOMPAN AS, MoveStrong, PlayCore Inc., Proludic SAS, The Great Outdoor Gym Co., Wicksteed Leisure Ltd., and Xccent Fitness. Also, the outdoor gym equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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