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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 | Jan 2014

Out of shape: Health concerns will boost demand, but import penetration will diminish growth

IBISWorld’s Gym & Exercise Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
0.3%
Annual Growth 14-19
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Profit
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Employment
5,788
Businesses
228
Industry Analysis & Industry Trends

After low demand and expanding imports caused the industry to undergo a severe downturn, operators will benefit from an improving economy and rising demand. As the public's health and fitness concerns grow, demand for related exercise equipment will increase, resulting in a modest rise in revenue. Still, manufacturers will face the threat of import penetration, as more corporations move their manufacturing operations to China, increasing competitive pressures... purchase to read more

Industry Report - Starting a New Business Chapter

Prospective operators planning to enter the Gym and Exercise Equipment Manufacturing industry have been met with high barriers over the past five years. This has predominately stemmed from the significant capital cost requirements of establishing a new company along with manufacturing and warehousing facilities. To this end, product knowledge and innovation along with intellectual property rights have also posed as a barrier for new operators. Such knowledge has enabled existing manufacturers to produce a range of sporting goods in their optimal brand or exclusively used patented technology to design and production new products.

In addition to these factors, the industry has been subject to some informal barriers such as the high cost and long-term nature of brand reputation... 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 buy raw materials and transform these into a range of athletic equipment. The finished products are then marketed to wholesalers and retailers.

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


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