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Gym & Exercise Equipment Manufacturing in the US
IBISWorld, July 2011, Pages: 30
Back in shape: A modest recovery is in store as incomes and health concerns grow
Gym & Exercise Equipment Manufacturing in the US
Survival of the fittest
After low demand and expanding imports caused the industry to undergo a severe downturn, operators will benefit from an improving economy and rising demand. As the public continues to be preoccupied with health and fitness concerns, demand for related exercise equipment will increase, resulting in a modest rise in revenue. Still, manufacturers will face the threat of import penetration, as more corporations move their manufacturing operations to China, increasing competitive pressures.
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 buy raw materials and transform these into a range of athletic equipment. The finished products are then marketed to wholesalers and retailers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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