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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 | Oct 2014

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

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 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

The Gym and Exercise Equipment Manufacturing industry is benefiting from US trends regarding general health consciousness and a younger, more active generation becoming involved in sports. This move has contributed to a rise in demand for industry equipment, which has led to revenue growth over the five-year period. However, labor-intensive tasks such as equipment manufacturing are increasingly being outsourced to areas with low labor costs, hurting domestic manufacturers. IBISWorld expects the industry to continue growing slowly over the five years to 2019, with revenue projected to increase. As consumers become increasingly health conscious and the government ramps up its anti-obesity campaigns, demand for gym and exercise equipment will increase, leading to a steady rise in revenue... 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 and retailers.

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


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