Asian Stationary Cycle Market is Estimated to Reach $137.2 Million by 2019

The Asian stationary cycle market was valued at $102.9 million in 2014, and is estimated to reach $137.2 million by 2019, at a CAGR of 5.9% from 2014 to 2019. Emergence of new distribution channels, increasing number of health club (fitness center) chains, and introduction of innovative products in the stationary cycles market are further driving the growth of the Asian stationary cycles market.

The Asian stationary cycle market is in its growth phase due to factors such as the growing health and fitness consciousness among people, increasing prevalence of obesity, rising number of diabetic and cardiac patients, increasing personal disposable income, and government initiatives to increase health and fitness awareness. The exponential increase in health consciousness among consumers provides a starting point to understand the recent growth in the fitness industry. Owing to the high prevalence of obesity and its association with heart disease, many people are moving towards a healthier diet and lifestyle, which includes regular exercise. The incidence rate of diabetes is also a significant factor driving this trend.

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The emergence of new distribution channels, the increasing number of health club chains, and the introduction of innovative products are further driving the growth in the Asian stationary cycle market.According to a recent survey, obesity has more morbidity than smoking or alcoholism; if the current trend continues, obesity is expected to be the leading cause of preventable deaths in the future. Owing to this, governments in many developed and developing countries are taking initiatives by raising funds and arranging conferences to increase awareness among the population about maintaining their health and fitness.