Product Code: ETC014486 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Peru Fitness Equipment market currently, in 2023, has witnessed an HHI of 5404, Which has decreased moderately as compared to the HHI of 5682 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Peru?s fitness equipment market is expected to witness a CAGR of 5.5% during the forecast period 2020-2026. The growing number of health clubs and gyms, increasing awareness about physical activities, and rising disposable income are some of the major factors driving the demand for fitness equipment in Peru. Moreover, technological advancements such as smart machines with sensors that track users? performance have further propelled growth in this market
However, instability in economic conditions due to COVID-19 pandemic coupled with high cost involved in procuring advanced gym equipments may hinder market growth over the forecast period. Additionally, lack of proper infrastructure and inadequate availability of trained personnel are other factors challenging industry growth
The fitness equipment market can be segmented into cardio machines, strength training equipments, free weights & accessories, and others on the basis of product type. Cardio machines generated highest revenue share in 2019 owing to growing popularity among individuals for reducing body fat content by burning calories through aerobic exercises using treadmill machines or elliptical trainers etc., while free weights & accessories segment is projected to register significant growth rate during 2020 ? 2026 due to their cost effectiveness compared to other products available in Peru market
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Fitness Equipment Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Fitness Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 Peru Fitness Equipment Market - Industry Life Cycle |
3.4 Peru Fitness Equipment Market - Porter's Five Forces |
3.5 Peru Fitness Equipment Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Peru Fitness Equipment Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Peru Fitness Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Peru Fitness Equipment Market Trends |
6 Peru Fitness Equipment Market, By Types |
6.1 Peru Fitness Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Fitness Equipment Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Peru Fitness Equipment Market Revenues & Volume, By Cardiovascular Training Equipment, 2016 - 2026F |
6.1.4 Peru Fitness Equipment Market Revenues & Volume, By Strength Training Equipment, 2016 - 2026F |
6.1.5 Peru Fitness Equipment Market Revenues & Volume, By Other Equipment, 2016 - 2026F |
6.2 Peru Fitness Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Peru Fitness Equipment Market Revenues & Volume, By Home consumer, 2016 - 2026F |
6.2.3 Peru Fitness Equipment Market Revenues & Volume, By Health club/gym, 2016 - 2026F |
6.2.4 Peru Fitness Equipment Market Revenues & Volume, By Other commercial user, 2016 - 2026F |
7 Peru Fitness Equipment Market Import-Export Trade Statistics |
7.1 Peru Fitness Equipment Market Export to Major Countries |
7.2 Peru Fitness Equipment Market Imports from Major Countries |
8 Peru Fitness Equipment Market Key Performance Indicators |
9 Peru Fitness Equipment Market - Opportunity Assessment |
9.1 Peru Fitness Equipment Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Peru Fitness Equipment Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Peru Fitness Equipment Market - Competitive Landscape |
10.1 Peru Fitness Equipment Market Revenue Share, By Companies, 2019 |
10.2 Peru Fitness Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |