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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

The Gym & Exercise Equipment Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Analysis Chapter

The Gym and Exercise Equipment Manufacturing industry produces fitness machines and equipment for gyms, fitness clubs, schools and the general consumer. Industry products include a wide range of cardiovascular machines, weight machines, free weights and agility training equipment. This industry is benefiting from trends of general health consciousness and a younger, more active generation becoming involved in sports. Even so, the industry is faced with intense competition from foreign players who benefit from lower manufacturing and labor costs. Many US companies have moved their manufacturing operations overseas in order to stay competitive. As a result, industry revenue is expected to decrease at an annualized rate of 0.6% to reach $1.8 billion in the five years to 2016... 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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