This research report titled "Functional Fitness Equipment Market Focusing on Trends & Innovations during the Period Until 2028" focuses on the Functional Fitness Equipment Market, published to the vast repository managed by Fact.MR. The analysis focuses on the prime geographical regions based on their market size, revenue and attractiveness factors. Furthermore, the research discusses various segments from the Functional Fitness Equipment Market to examine future lucrativeness and spot growth prospects during the period between (2018-2028). Readers can even access information such as key developments, technologies, innovations, etc., concerned to the Functional Fitness Equipment Market.
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A new Fact.MR study exerts accurate insights and imperative intelligence on the functional fitness equipment market for the period of forecast, 2018 to 2028. The ACSM has deemed functional fitness has been considered one of the leading fitness activities, which commenced as an opportunity for personal trainers in varying programming of their clients in private sessions. This, coupled with the scope for creativity among trainers regarding functional movement training concepts, will continue to drive growth of the functional fitness equipment market.
A recent Fact.MR report foresees the functional fitness equipment market to present an impressive growth during the period of forecast (2018-2028). With Millennials increasingly driving the consumer spending, offering services appealing to their values is being considered crucial among industrial sectors, and the fitness industry is no exception. A recent survey has found over four-fifth percentile of Millennial population adhere to daily exercise, as opposed to that of just above three-fifth of Baby Boomers.
For Millennials, health & wellness is an active, daily pursuit, with their focus being robust with regard to exercise, and healthy diet. This generation is smoking less than its predecessors. Fitness is one area where Millennials are willing to spend more on compelling brands. In addition, the trend of functional training is highly underpinned by the Millennials. Nevertheless, other demographic segments are not being neglected, when it comes to development of functional fitness equipment, as the actively-aging Baby Boomers population is also deemed as a lucrative area for growth.
The report envisages fastest revenue growth for rowing machines through the forecast period. While indoor rowing machine is likened to the equipment that ply their trade on water, past few years have demonstrated rowing machine’s popularity surge as an alternative to static bikes and treadmills in gyms. This will significantly impact growth of the functional fitness equipment market in the long run.
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According to the study, bars & plates will continue to as top-selling variant in the functional fitness equipment market, with kettlebells & dumbbells on the trail. Revenues from the rowing machine are poised to record a relatively higher growth rate than other functional fitness equipment through 2028.
North America continues to be highly lucrative for growth of the functional fitness equipment market, underpinned by rising incidences of chronic metabolic disorders, including diabetes and heart diseases, which are directly associated with obesity. Health benefits of the functional equipment are therefore being leveraged by the region’s population.
Functional fitness championships being conducted in the U.S. by non-profit organizations, such as the USA functional fitness (USAFF), has significantly impacted expansion of the functional fitness market in the region. Revenue share of North America in the functional fitness equipment market will remain higher than Europe’s during the forecast period. However, Europe will record a comparatively higher growth rate through 2028.
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