Functional Fitness Equipment Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031 / Brunswick Corp., Johnson Health Tech. Co., Ltd., ACE Controls Inc.

The global functional fitness equipment market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). One of the key factors driving the market growth includes the increasing awareness of the fitness and wellness, which in turn increased the popularity of fitness trends. Government is also offering laws and programs to spread awareness towards health and fitness. According to the IHRSA, the Fitness Industry Council of Canada aggressively promoted in support of Bill C-2. Bill C-2 is a law which offers a range of benefits and programs to support workers and businesses facing more hardship as a fresh variant began to take hold. The law was passed in late 2021, and industry leaders hope it will assist in sparking the estimated 7% industry growth this year.

Furthermore, the key market players are entering into partnerships, collaborations, and expansion of the product portfolio is propelling the growth of the market. For instance, 

In September 2022, Nautilus, Inc., an innovation leader in home fitness, announced the launch of the 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. The Bowflex BXT8J treadmill offers high-performance cardio and the ability to pair the user’s device to the JRNY adaptive fitness app. 

In April 2021, Matrix, a brand of Johnson Health Tech Co., joined forces with iFIT, a global leader in interactive linked fitness technology and content. The goal of this collaboration is to integrate iFit’s digital technology into Matrix’s products.

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Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

By Deployment Type 

By Organization Size

Regions Covered-

North America

Europe

Asia-Pacific

Rest of the World

Competitive Landscape- includes Brunswick Corp., Johnson Health Tech. Co., Ltd., ACE Controls Inc., among others.

A full Report of Functional Fitness Equipment Market is Available @  https://www.omrglobal.com/industry-reports/functional-fitness-equipment-market

Functional fitness equipment Market Report Segment

By Type 

Medballs

Bars and Plates

Flat Bench

Squat Rack

Kettlebells and Dumbbells

Others (Accessories, Rowing Machine)

By End-User

Flat Bench Clubs

Squat Rack/Individual

Hotels

Corporate Offices

Functional fitness equipment Market Report Segment by Region

North America                                                                                                           

United States

Canada

Europe

UK

Germany

Spain

France

Italy

Rest of Europe

Asia-Pacific

India

China

Japan

South Korea

Rest of APAC

Rest of the World

Latin America

Middle East and Africa 

Company Profiles

BIBUS AG

Concept2, Inc.

Escape Fitness

Hampton Fitness

KYB Corp.

Modern Industries, Inc.,

Parker Hannifin Corp.

Pennar Industries Limited

Precor SA

Slam Proof Ltd.

Technogym USA Corp. 

Torque Fitness

Total Gym Global

Weforma Dämpfungstechnik GmbH

XFit Brands Inc. 

ZIMMER GROUP

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.

More than 120 countries are for analysis.

Over 100+ paid data sources mined for investigation.

Our expert research analysts answer all your questions before and after purchasing your report.

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