DUBLIN, Jan. 19, 2023 /PRNewswire/ -- The "Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global lateral fitness equipment market size reached US$ 5.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 11.0 Billion by 2027, exhibiting a CAGR of 10.94% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.Lateral fitness equipment is embedded with a smooth 3D motion that goes from a vertical elliptical stepping to an active side-to-side motion for functional exercise.
It challenges the entire body for better conditioning and better results. It aids in providing functional challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees as compared to the traditional standing devices. Besides this, as they also target glutes, hips, and inner and outer thighs, they are widely utilized by individuals recovering from an injury or training.Due to rapid urbanization, sedentary lifestyles and the increasing consumption of fast food, there is a rise in the prevalence of arthritis, diabetes, and cardiovascular diseases across the globe. This, in confluence with the growing health consciousness among individuals, is creating a positive outlook for the market. Moreover, lateral fitness equipment helps prevent injury and adds a variety to the workout routine.
This represents another primary factor bolstering the market growth. Apart from this, due to the increasing penetration of the high-speed internet and the strong influence of social media platforms, there is a significant rise in the number of people enrolling in online fitness classes worldwide.
This, along with the rising sales of lateral fitness equipment via online channels offering discounts and at-home delivery, is offering lucrative growth opportunities to market players.
These players are currently focusing on introducing technologically advanced equipment and machines that are incorporated with a global positioning system (GPS), pedometer, heart rate monitor, and smartphone apps to monitor the workout. These innovations, coupled with increasing investments in advertisements, are projected to impel the growth of the market.
Competitive Landscape:The competitive landscape of the industry has also been examined along with the profiles of the key players being Core Health & Fitness LLC., Cybex International Inc. (Brunswick Corporation), IFIT.com (ICON Health & Fitness), Impulse (Qingdao) Health Tech Ltd. Co., Johnson Health Tech Co. Ltd., Nautilus Inc., Technogym S.p.A, Total Fitness Equipment and True Fitness Technology Inc.Key Questions Answered in This Report:
How has the global lateral fitness equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global lateral fitness equipment market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the body type?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global lateral fitness equipment market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered: 1 Preface2 Scope and Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Lateral Fitness Equipment Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Type6.1 Treadmill6.1.1 Market Trends6.1.2 Market Forecast6.2 Elliptical6.2.1 Market Trends6.2.2 Market Forecast6.3 Exercise Bike 6.3.1 Market Trends6.3.2 Market Forecast6.4 Shoulder Press Machines6.4.1 Market Trends6.4.2 Market Forecast6.5 Chest Press Machine6.5.1 Market Trends6.5.2 Market Forecast7 Market Breakup by Body Type7.1 Upper Body7.1.1 Market Trends7.1.2 Market Forecast7.2 Lower Body7.2.1 Market Trends7.2.2 Market Forecast8 Market Breakup by Distribution Channel8.1 Online Stores8.1.1 Market Trends8.1.2 Market Forecast8.2 Offline Stores8.2.1 Market Trends8.2.2 Market Forecast9 Market Breakup by End User9.1 Gyms and Fitness Centres9.1.1 Market Trends9.1.2 Market Forecast9.2 Household9.2.1 Market Trends9.2.2 Market Forecast9.3 Therapeutic Hospitals9.3.1 Market Trends9.3.2 Market Forecast9.4 Hotels and Corporate Offices9.4.1 Market Trends9.4.2 Market Forecast9.5 Others9.5.1 Market Trends9.5.2 Market Forecast10 Market Breakup by Region11 SWOT Analysis12 Value Chain Analysis13 Porters Five Forces Analysis14 Price Analysis15 Competitive Landscape15.1 Market Structure15.2 Key Players15.3 Profiles of Key Players15.3.1 Core Health & Fitness LLC18.104.22.168 Company Overview22.214.171.124 Product Portfolio15.3.2 Cybex International Inc. (Brunswick Corporation)126.96.36.199 Company Overview188.8.131.52 Product Portfolio15.3.3 IFIT.com (ICON Health & Fitness)184.108.40.206 Company Overview220.127.116.11 Product Portfolio15.3.4 Impulse (Qingdao) Health Tech Ltd. Co.18.104.22.168 Company Overview22.214.171.124 Product Portfolio126.96.36.199 Financials15.3.5 Johnson Health Tech Co. Ltd.188.8.131.52 Company Overview184.108.40.206 Product Portfolio15.3.6 Nautilus Inc.220.127.116.11 Company Overview18.104.22.168 Product Portfolio22.214.171.124 Financials126.96.36.199 SWOT Analysis15.3.7 Technogym S.p.A188.8.131.52 Company Overview184.108.40.206 Product Portfolio220.127.116.11 Financials15.3.8 Total Fitness Equipment18.104.22.168 Company Overview22.214.171.124 Product Portfolio15.3.9 True Fitness Technology Inc.126.96.36.199 Company Overview188.8.131.52 Product Portfolio
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