About the Webinar
The value estimate for Fitness Industry is quoted around $100 Billion with the market definition and outreach including Equipment’s and Apparatus, Wearables and Sports gears, Infrastructure and Training Platforms, Yoga and Mental wellbeing, Nutrition Supplement market, and all the key stakeholders who provide wellbeing solutions to the lifestyle and metabolic disorders.
In addition to the increasing incidence and prevalence of obesity and lifestyle disorders, the biggest growth opportunity lies in the greater rate of participation in sports, recreation or exercise, and awareness about health and wellbeing. The growing scientific area of kinesiology has added value to the market.
Covid-19 has affected the Fitness Industry with the largest impact on the gyms, with the drift towards Digital Fitness and growing At-home and on-demand fitness. With reports linking increased physical activity to boost immunity and fight Covid-19, the decreasing demand is reverse compensated; the stay-at-home orders being severe. Yoga and Mental wellbeing are one of the preferred and most opted options as a part of online fitness and training programs, the versatility and no-age bar has given it the needed boost.