Ellipticals Market Shares, Strategies and Forecast Worldwide, 2018-2027
Posted by ankush Nikam on February 7th, 2020
Global Ellipticals market – A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Ellipticals market. The Ellipticals report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the Ellipticals report elaborates the market behavior of each vendor operating in the Ellipticals market.
The Ellipticals report considers the following years to present the overall market growth:
Key findings of the Ellipticals market study:
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Obesity and Weight Management to Influence Purchase and Investment Decisions of End-Use Industries
Consumption of ‘junk’ food and oily food products has resulted in increased prevalence of obesity among individuals. A recent report published by CDC states that over one-third of the adults in the U.S. are obese. Furthermore, prevalence of obesity has resulted in diabetes, cancer, and cardiovascular disorders. As individuals are becoming more conscious about their weight and health, they prefer diverting their expenditure towards weight management and fitness programs.
Changing perceptions and healthy preferences have redefined the consumption patterns and lifestyle of the individuals today. Concerns regarding weight management have revved up the number of registrations in the fitness industry for high-intensity interval training and cross training workout sessions. In addition, healthcare professionals are also encouraging patients to engage in healthy physical activities, which has also intensified demand in the healthcare industry. Banking on the growing requirements of the individuals, fitness centers, healthcare institutions, and weight loss centers are concentrating on investing in effective training machines such as that offer one-stop solutions for weight management.
On the basis of region, the Ellipticals market study contains:
Market Players in Unorganized Sector of Asian Countries to Pose Significant Growth Challenges for Established Brands
As individuals across regions are becoming more health and fitness conscious, the fitness industry is witnessing a rise in the number of registrations globally. With the leading manufacturers such as Octane Fitness, Sole Fitness, and NordicTrack are based in the U.S., the fitness centers and institutions have witnessed significant adoption of these products in the region. In addition, leading companies in these regions are focusing on offering their products and technological solutions through various e-commerce portals to broaden customer approach and establish their brand identity globally.
Major companies are also focusing on offering their products and services across various countries in Asia to boost sales and improve their position in the competitive market. However, with the increasing number of new market players offering this fitness equipment and products at reasonable, discounted or lower prices have continued to remain a significant challenge for the leading companies. Lucrative offers by market players in the unorganized sector such as through online portals such as Alibaba.com will intensify the competitive nature of the market compelling companies to develop novel and patented technological solutions.
Major market players identified in the global market include ProForm, Sole E95 Elliptical, NordicTrack C 9.5 Elliptical, and Octane Zero Runner ZR8 Elliptical.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Queries addressed in the Ellipticals market report:
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About the Authorankush Nikam
Joined: December 21st, 2016
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