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 was valued at $1.5 billion in 2021, and is anticipated to reach $1.8 billion by 2026, expanding at a CAGR of 4.3% from 2021 to 2026. Outdoor fitness equipment covers any apparatus or tool utilized during physical activities aimed at managing body weight, enhancing physical endurance, and strengthening muscles and overall fitness. Additionally, it serves to reinforce the benefits of physical workouts by offering both fixed and adjustable resistance, which enhances the effectiveness and satisfaction of workout sessions.

Available in various designs and structures, outdoor fitness equipment is tailored to train different muscle groups and body parts. These equipment are intended for use in both public and private outdoor areas. Users can exercise and train in the fresh air without any charge, mirroring the advantages of indoor gym equipment but with the significant distinction of their outdoor placement. Commonly utilized types include bicycles, elliptical trainers, strength machines, stretching apparatus, and weightlifting machines. Furthermore, the inclination of both the youth and elderly towards outdoor exercise is projected to significantly boost the outdoor fitness equipment market. This trend is driven by the various health benefits associated with exercising outdoors, such as lowered blood pressure, reduced stress levels, and improved sleep quality. Additionally, these sessions are typically cost-free, which further encourages participation.

Moreover, physical activity in open spaces coupled with exposure to fresh air and sunlight invigorates and uplifts mental and physical well-being. Exercising outdoors allows individuals to connect with nature, providing an enriching experience, especially as busy lifestyles often prevent them from enjoying the outdoors. Consequently, an increase in outdoor activity interest from younger and older generations propels market growth. According to the United Nations Department of Economic and Social Affairs (UN DESA), the youth demographic (ages 15 to 24) surpassed 1.2 billion globally in 2020, comprising 16% of the world's population, and is projected to reach nearly 1.4 billion by 2030. Furthermore, the global population, standing at 7.7 billion in 2020, is expected to escalate to 11.2 billion by the century's close. In 17 countries, older adults made up more than 20% of the populace, and this is anticipated to climb to 155 nations impacting 61% of the world’s demographic, thereby driving the need for outdoor fitness solutions.

The global outdoor fitness equipment market is categorized based on product type, application, and region. In terms of product types, segments include action series, heavy-duty series, and regular series. By application, it encompasses public institutions, fitness parks & trails, government fitness centers, outdoor gyms, and more. Regionally, it is analyzed across North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, Saudi Arabia, and the remainder of LAMEA).

Key players in the global outdoor fitness equipment market have employed various growth strategies to enhance their market share, boost profitability, and remain competitive. Notable players 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 presents a quantitative analysis of market segments, current trends, forecasts, and dynamics related to the outdoor fitness equipment market from 2021 to 2026, highlighting potential opportunities.
• The research also offers insights into key drivers, restraints, and opportunities impacting the market.
• Porter's five forces assessment elucidates the bargaining power of buyers and suppliers, aiding stakeholders in making informed decisions to strengthen their market position.
• An exhaustive analysis of the market segmentation assists in identifying active opportunities available within the outdoor fitness equipment sector.
• Strategic mapping of significant countries regarding their revenue contributions to the global market is included.
• Market player positioning offers a benchmarking platform and clarity on the competitive landscape.
• The report encapsulates a detailed analysis of both regional and global trends within the outdoor fitness equipment market encompassing key players, segments, applications, and growth strategies.

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