FITNESS EQUIPMENT MARKET ANALYSIS

Fitness Equipment Market, By Equipment Type (Cardiovascular Training Equipment, Weight Training Machine and Weight Lifting Machine), By End user (Fitness Centers/Gyms, Home/ Individual, and Other commercial Organization), By Distribution Channel (Offline and Online), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

New facility launches:

In September 2022, Nautilus, Inc., an innovation leader in home fitness, announced the launch of Bowflex BXT8J treadmill with JRNY adaptive fitness app compatibility at select online and in-store retail partners providing customers with a complete fitness solution at an affordable price point. Bowflex BXT8J treadmill offers high-performance cardio and the ability to pair the user’s device to the JRNY adaptive fitness app. This has helped the company expand its product portfolio.
In June 2022, Johnson Health Tech, manufacturing and sale of exercise equipment, acquired the fitness division of Cravatex Brands Limited, Global platform for Retail, Brand Licensing, Distribution & Sourcing company, making it the first fitness equipment company to have a wholly-owned subsidiary in India. This acquisition has enabled Johnson Health Tech to expand its business and upgrade the fitness industry by emphasizing product development, strategic partnerships, and catering to dynamic consumer preferences for versatile, space-efficient, and technologically advanced fitness solutions