Global Rowing Machine Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 5.2 % during the forecast period.
Global Rowing Machine Market
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Rowing Machine Market Drivers & Restraints:
A rowing machine is an exercise machine. Increasing health problems and busy work schedules have made people aware about the importance of daily exercise and enhancing fitness and rowing is one of the best exercises. Rowing has many advantages like full-body workout that helps to reduce extra fat and calories, good for joint problems.
Rowing machine is in demand due to increasing awareness about health and fitness, so there is an increase on the number of fitness centers and health clubs worldwide. People use gyms and health clubs to keep proper body structure and remain fit, which boosts the rowing machine market in the coming years. In 2017, more than 200 thousand fitness & health clubs are registered globally out of these nearly 38.5 thousand are in the United States. Good thing is that more than 170 million people are using a health/fitness club.
Increasing demand for fitness equipment at home is also boosting market growth. Additionally, reasons such as fitness uses and growing awareness about the bad effects of obesity are expected to boost demand for rowing machine over the forecast period.
But, inconsistency in raw material prices like cast iron, brass, hardened steel, others is expected to restraint the market growth.
By the distribution channel, the global rowing machine market is divided into online and offline. Offline distribution channel holds the main position in the market due to the growth of the specialty stores globally. But, due to the increase in e-commerce the online distribution channel segment is expected to grow rapidly in the coming years.
Global Rowing Machine Market1
Region-wise, the global Rowing Machines Market is divided into North America, Asia-Pacific, Europe, South America, and the Middle East and Africa. Among these, North America Europe, Asia Pacific are the major revenue contributors to the global Rowing Machines Market due to growing awareness about a healthy lifestyle. North America is leading the global Rowing Machines Market. The increasing members of health & fitness clubs boost the global Rowing Machines Market in the U.S.
The objective of the report is to present a comprehensive analysis of the Global Rowing Machine Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Rowing Machine Market dynamics, structure by analyzing the market segments and project the Global Rowing Machine Market size. Clear representation of competitive analysis of key players by type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Rowing Machine Market make the report investor’s guide.
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Scope of the Global Rowing Machine Market
Global Rowing Machine Market, By Type
• Air rowing machine
• Magnetic rowing machine
• Water rowing machine
• Hydraulic rowing machine
Global Rowing Machine Market, By Weight capacity
• 100 pounds
• 100 to 199 pounds
• 200 to 249 pounds
• 300 to 499 pounds
Global Rowing Machine Market, By Distribution channel
Global Rowing Machine Market, By Application
Global Rowing Machine Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Rowing Machine Market
• LifeCore Fitness
• Stamina Products
• Sunny Health & Fitness
• First Degree Fitness
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