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Global Gymnastic Equipment Market 2019-2023
SKU ID : TNV-13717325 | Publishing Date : 22-Nov-2018 | No. of pages : 105
About this market
The increasing popularity of e-commerce channels to gain traction in the market. The online sales of gymnastic equipment have witnessed significant growth over the past decade due to the retailers’ and manufacturers’ efforts toward educating customers, streamlining the online retail process, and provides better after sales service and targeted marketing campaigns. analysts have predicted that the gymnastic equipment market will register a CAGR of over 3% by 2023.
Market Overview
Increased awareness about healthy lifestyle
The individuals are increasingly adopting a healthy lifestyle. Hectic work schedules and increasing health issues have forced people to opt for daily exercise.
Availability of counterfeit products
The presence of several local brands offering counterfeits in the gymnasium market is leading to fragmentation, resulting in issues such as lack of price standardization, uneven competitive scenario, market share erosion.
For the detailed list of factors that will drive and challenge the growth of the gymnastic equipment market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Techman-Head Group and Brackett Aircraft Company the competitive environment is quite intense. Factors such as the increased awareness about healthy lifestyle and the increasing popularity of e-commerce channels, will provide considerable growth opportunities to gymnastic equipment manufactures. Abéo, AK Athletic Equipment, and Bänfer are some of the major companies covered in this report.
The increasing popularity of e-commerce channels to gain traction in the market. The online sales of gymnastic equipment have witnessed significant growth over the past decade due to the retailers’ and manufacturers’ efforts toward educating customers, streamlining the online retail process, and provides better after sales service and targeted marketing campaigns. analysts have predicted that the gymnastic equipment market will register a CAGR of over 3% by 2023.
Market Overview
Increased awareness about healthy lifestyle
The individuals are increasingly adopting a healthy lifestyle. Hectic work schedules and increasing health issues have forced people to opt for daily exercise.
Availability of counterfeit products
The presence of several local brands offering counterfeits in the gymnasium market is leading to fragmentation, resulting in issues such as lack of price standardization, uneven competitive scenario, market share erosion.
For the detailed list of factors that will drive and challenge the growth of the gymnastic equipment market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Techman-Head Group and Brackett Aircraft Company the competitive environment is quite intense. Factors such as the increased awareness about healthy lifestyle and the increasing popularity of e-commerce channels, will provide considerable growth opportunities to gymnastic equipment manufactures. Abéo, AK Athletic Equipment, and Bänfer are some of the major companies covered in this report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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