The Worldwide Outdoor Fitness Equipment Industry is

Dublin, Sept. 21, (GLOBE NEWSWIRE) -- The "Outdoor fitness equipment Market By Product Type, By Application: Global Opportunity Analysis and Industry Forecast, -" report has been added to ResearchAndMarkets.com's offering.

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According to this report the outdoor fitness equipment market size was valued at $1.5 billion in , and is estimated to reach $1.8 billion by , growing at a CAGR of 4.3% from to .

Outdoor fitness equipment is any equipment or tool used throughout the physical activity to regulate overall weight, boost physical stamina, and develop body muscles and tolerance. It further serves to boost the strength or conditioning advantages of physical workouts by giving either fixed or adjustable amounts of resistance, therefore increasing the experience or outcome of a training routine.

Outdoor training equipment comes in a range of shapes and sizes, each with its own set of features for working on different sections of the human body. These equipment are designed for usage in public or private open spaces. Individuals use these equipment to work out and train in the open air for free. Outdoor exercise equipment are equivalent to indoor fitness equipment in terms of benefits. The only significant difference is the installation site. Bicycles, elliptical machines, strength-building machines, stretching machines, and weightlifting machines are among the most commonly used.

The preference of youth and elderly population for working out in the open air is expected to drive the growth of the outdoor fitness equipment market. The preference for exercising outdoors is attributed to numerous benefits that could be gained, such as decreased blood pressure, stress reduction, insomnia relief, and it is typically free of charge.

Furthermore, fresh air and natural light excite and energize the folks' minds and bodies. Moreover, exercising outdoors allows individuals to appreciate nature while working out, which is beneficial as hectic schedules do not enable them to go out and enjoy nature. As a result, increased interest of young and elderly people fosters the market growth.

According to the United Nations Department of Economic and Social Affairs (UN DESA), the youth population reached over 1.2 billion aged 15 to 24 years across the globe in , accounting for 16% of the global population, with a high of nearly 1.4 billion people projected around .

Furthermore, the global population was 7.7 billion in , with a projected increase to 11.2 billion by the end of the century. Older people accounted for more than 20% of the population in 17 nations, and it is anticipated to reach 155 countries, encompassing a total of 61% of the world's population, hence increasing the demand for outdoor gym equipment.

The global outdoor fitness equipment market is segmented into product type, application, and region. On the basis of product type, the market is categorized into action series, heavy-duty series, and regular series. Depending on application, it is fragmented into public institutions, fitness parks & trails, government fitness centers, outdoor gyms, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, Saudi Arabia, and rest of LAMEA).

The players operating in the global outdoor fitness equipment market have adopted various developmental strategies to expand their outdoor fitness equipment market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Landscape Structures Inc., Beckmann, SportsPlay Equipment, Inc., Wicksteed Leisure Ltd, PlayCore Inc., Outdoor Fitness, Inc., Proludic Ltd., Xccent, Inc., the Great Outdoor Gym Company Ltd., and Kompan, Inc.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the outdoor fitness equipment market analysis from to to identify the prevailing outdoor fitness equipment market opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the outdoor fitness equipment market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global outdoor fitness equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Market Share Analysis

CHAPTER 4: OUTDOOR FITNESS EQUIPMENT MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Action Series
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Heavy duty Series
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Regular Series
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country

CHAPTER 5: OUTDOOR FITNESS EQUIPMENT MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Public Institution
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Fitness Park and Trails
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Government Fitness Centers
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Outdoor Gyms
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country

CHAPTER 6: OUTDOOR FITNESS EQUIPMENT MARKET, BY REGION

CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES
8.1 Kompan. A/S
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Landscape Structures Inc.
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Outdoor Fitness, Inc.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 PlayCore Inc.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Proludic Ltd
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 SportsPlay Equipment, Inc
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Stayfit Health and Fitness World Private Limited
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 The Great Outdoor Gym Company Ltd
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Wicksteed Leisure Ltd
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Xccent, Inc
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/rkmd3d

Surge in incidence of obesity, development of new equipment to provide an improved experience, and rise in trend of open gyms and fitness centers drive the growth of the global outdoor fitness equipment market.

PORTLAND, Ore., June 1, /PRNewswire/ -- Allied Market Research published a report, titled, "Outdoor Fitness Equipment Market by Product Type (Action Series, Heavy duty Series, Regular Series), by Application (Public Institution, Fitness Park and Trails, Government Fitness Centers, Outdoor Gyms, Others): Global Opportunity Analysis and Industry Forecast, -." According to the report, the global outdoor fitness equipment industry generated $1.5 billion in , and is expected to reach $1.8 billion by , registering a CAGR of 4.3% from to .

Drivers, Restraints, and Opportunities

Surge in incidence of obesity, development of new equipment to provide improved experience, and rise in trend of open gyms and fitness centers drive the growth of the global outdoor fitness equipment market. However, inclination toward acquiring in-home fitness equipment and expensive nature of outdoor equipment restrain the market growth. On the other hand, the launch of equipment that offers dual exercise capabilities present opportunities in the coming years.

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Covid-19 Scenario

• The outdoor gyms and fitness centers were closed due to lockdown restrictions during the Covid-19 pandemic to avoid the possibility of cross-contamination. This reduced the demand for outdoor fitness equipment during the initial period of pandemic.
• In addition, the economy uncertainty led to postponement of plans regarding launching new outdoor fitness centers and gyms. This affected the demand for equipment.
• However, the demand is expected to recover post-pandemic as outdoor gyms and fitness centers open and new centers launch.

The action series segment to maintain its leadership status during the forecast period

Based on product type, the action series segment accounted for the highest market share in , contributing to nearly half of the global outdoor fitness equipment market, and is expected to maintain its leadership status during the forecast period. This is due to rise in usage by global consumers to exercise daily and maintain fitness. However, the heavy duty series segment is expected to witness the highest CAGR of 5.4% from to , owing to increased usage for bodybuilding purposes.

The outdoor gyms segment to offer lucrative opportunities

Based on application, the outdoor gyms segment held the highest market share in , accounting for more than one-fourth of the global outdoor fitness equipment market, and is expected to maintain its lead position during the forecast period. This is due to inclination of large group of consumers toward visiting outdoor gyms for training and exercise. The report also analyzes segments such as public institution, fitness parks and trails, government fitness centers, and others.

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North America to maintain its dominance in terms of revenue by

Based on region, North America contributed to the highest market share in terms of revenue in , accounting for around one-third of the global outdoor fitness equipment market, and is expected to maintain its dominance in terms of revenue by . This is due to increase in awareness of fitness in countries such as the U.S., Canada, and Mexico. However, Asia-Pacific is projected to manifest the fastest CAGR of 5.8% during the forecast period. This is attributed to rise in interest in performing different types of exercises and surge in focus on maintaining fitness.

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Leading Market Players

• Kompan A/S
• Landscape Structures, Inc.
• Outdoor Fitness, Inc.
• PlayCore, Inc.
• Proludic Ltd.
• SportsPlay Equipment, Inc.
• Stayfit Health and Fitness World Private Limited
• The Great Outdoor Gym Company Ltd.
• Wicksteed Leisure Ltd.
• Xccent, Inc.

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