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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 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 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 Locations Chapter

Some of the major factors that affect the number of manufacturers in a certain region are weather, size of the population and proximity to ports. Weather is a major factor that influences the sports participation rate, which can, to an extent, explain the concentration of industry establishments across certain states. The higher the sports participation rate is, the more likely it is that consumers will use gym and exercise equipment. For example, on a per state basis, California has the single highest concentration of gym and exercise equipment manufacturers, accounting for 16.3% of total industry establishments. One of the reasons behind this trend is that people are more inclined to exercise in warmer weather... 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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