North American fitness equipment market, 2016 - 2024 North America Fitness Equipment Market Forecast | Page 6

The U.S. held the largest share of the North American
fitness equipment market revenue in 2016
The U.S. generated a revenue of $3.6 billion in 2016 and is anticipated
to dominate the market throughout the forecast period of 2017-2024.
The market is driven by the prevalence of high obesity rates, which has
led to greater adoption of fitness equipment in the region. Rising
obesity rates, increasing health consciousness, and awareness of
benefits provided by fitness equipment would lead to larger number of
new fitness facilities being set up and increasing membership rates. The
U.S. is the largest consumer of junk food all over the world, leading
people to get prone for obesity and cardiac diseases..
A high rate of urbanization, increasing work load, improper diet and an
unhealthy lifestyle are some major factors leading the fitness equipment
market to flourish in the United States. However, Mexico is witnessed to
grow with the highest CAGR of 4.9% during the forecast period of 2017-
2024.