SEARCH   
MEMBER LOGIN    

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

IBISWorld’s Gym & Exercise Equipment Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
0.3%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
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 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 2019, industry value added (IVA), which measures an industry's contribution to the overall economy, has declined 0.2% annually on average, compared with 2.5% growth in GDP over the same period. Negative 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 and retailers.

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


View Sample
Quote
Select Clients