Table of Contents
Out of shape: Continued offshoring of US manufacturing facilities will pressure revenue
Gym & Exercise Equipment Manufacturing in the US
The Gym and Exercise Equipment Manufacturing industry has struggled to pull its weight over the past five years. Even as industry revenue risen in certain years over the period, the trend toward industry globalization has threatened the future growth of domestic gym and exercise equipment manufacturing. As with many manufacturing industries, offshoring has become popular in this industry over the past decades due to lower production costs. Major companies in this industry have either enlisted foreign third party manufacturers or moved their own operations overseas. In the five years to 2021, industry revenue is expected to continue declining, largely due to the continued offshoring of US manufacturing facilities. However, the decrease in domestic manufacturing operations will allow foreign manufacturers to benefit most from the increased demand.
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, retailers and individual consumers.
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.
Shoe & Footwear Manufacturing in the US
Guns & Ammunition Manufacturing in the US
Ball Bearing Manufacturing in the US
Athletic & Sporting Goods Manufacturing in the US
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
The rehabilitation equipment market is projected to reach USD 14.91 billion by 2021 from USD 9.86 billion in 2016, at a CAGR of 8.6% during 2016-2021. The market for rehabilitation equipment is expanding ...
What Britain Wears: Swim & Beachwear Summary With over half of consumers purchasing swim & beachwear for every holiday they take, the popularity of this category proves to be resilient. The appeal of festivals ...
Trends, opportunities and forecast in this market to 2022 by bicycle type (road, mountain terrain bike, kids’ bicycles, e-bikes, and other bicycles), region (North America, Europe, APAC, and the Rest ...