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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
-0.2%
Annual Growth 16-21
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Profit
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Employment
5,714
Businesses
265
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 SWOT Analysis Chapter

The Gym and Exercise Equipment Manufacturing industry is in the declining phase of its life cycle. Over the past decade, the broader manufacturing sector has faced a difficult operating environment. Strong competition from domestic and international players, along with an influx of imported goods into the market, has created challenging conditions for industry operators. As a result, over the 10 years to 2021, industry value added (IVA), which measures an industry's contribution to the overall economy, has increased only 0.5% annually on average, compared with 2.3% growth in GDP over the same period. Low IVA, coupled with underperformance relative to US GDP growth, is characteristic of an industry in the declining stage of its life cycle... 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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