Home » With 10.07% CAGR, Lateral Fitness Equipment Market Worth will be US$ 11.0 Billion by 2027

With 10.07% CAGR, Lateral Fitness Equipment Market Worth will be US$ 11.0 Billion by 2027

by Nathan Zachary

According to the latest report by IMARC Group, titled Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global lateral fitness equipment market size reached US$ 5.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2027, exhibiting a growth rate (CAGR) of 10.07% during 2022-2027.

Lateral fitness equipment refers to a device or machine that is required for physical exercise. It is embedded with a smooth 3D motion from a vertical elliptical stepping to an active side-to-side motion. It challenges the entire body for conditioning and improved results. It aids in providing operational challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees. Besides this, lateral fitness equipment also targets glutes, hips, inner and outer thighs, etc., and is widely used by individuals recovering from an injury.

Request for a free sample copy of this report: https://www.imarcgroup.com/lateral-fitness-equipment-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The elevating levels of urbanization, sedentary lifestyles, and the rising consumption of fast food are driving the lateral fitness equipment market. In addition to this, the increasing prevalence of arthritis, diabetes, and cardiovascular diseases across the globe, is also propelling the market growth. Furthermore, the escalating penetration of the high-speed internet and the strong influence of social media platforms are encouraging people to enroll in online fitness classes worldwide. This, in turn, is catalyzing the product demand. Apart from this, the growing sales of lateral fitness equipment via online channels offering discounts and at-home delivery are further impelling the global market. Moreover, continuous product innovations and rising investments in advertisements are expected to fuel the lateral fitness equipment market in the coming years.

Breakup by Type:

  • Treadmill
  • Elliptical
  • Exercise Bike
  • Shoulder Press Machines
  • Chest Press Machine

Breakup by Body Type:

  • Upper Body
  • Lower body

Breakup by Distribution Channel:

  • Online Stores
  • Offline Stores

Breakup by End User:

  • Gyms and Fitness Centres
  • Household
  • Therapeutic Hospitals
  • Hotels and Corporate Offices
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 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
  • True Fitness Technology Inc

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/lateral-fitness-equipment-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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