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Gym & Exercise Equipment Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gym & Exercise Equipment Manufacturing Market Research Report | NAICS 33992b | Feb 2016

Out of shape: Continued offshoring of US manufacturing facilities will pressure revenue

IBISWorld’s Gym & Exercise Equipment Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
-0.6%
Annual Growth 16-21
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Profit
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Employment
5,598
Businesses
254
Industry Analysis & Industry Trends

The Gym and Exercise Equipment Manufacturing industry has struggled to pull its weight over the past five years. Even as industry revenue has grown, the trend towards industry globalization has threatened the future growth of domestic gym and exercise equipment manufacturing. In the coming years, industry revenue is expected to continue declining due to the continued offshoring of US manufacturing facilities... purchase to read more

Industry Report - Industry Investment Chapter

Industry operators require a vast assortment of human labor to manufacture gym and exercise equipment. From designers and technicians to laborers and apprentices, the production process is dependent on a range of skilled and unskilled workers. Compared with low-cost producers in China and other parts of the world, the United States has substantially higher labor costs. Given that the majority of the industry products are labor-intensive to make, this places US manufacturers at a disadvantage. Many manufacturers now operate facilities in China or other places to take advantage of low-cost labor or contract out production and only keep specialized manufacturing in the United States... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gym & Exercise Equipment Manufacturing Industry?

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.

Industry Products
Cardiovascular machinesFree weights Weight machinesOther exercise equipment
 
Industry Activities
Home exercise equipmentGym equipment Aerobic machine Strength training equipment


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