High
intensity interval training, HIIT for short, is used to practice
cardiopulmonary function, impact speed, and its fat reduction effect is
obvious. The principle is to improve the use of oxygen, thereby increasing
resting metabolic rate. This special training method has been popular in Europe
and America continent since it came out, and is very suitable for the modern
life style.
Globally, more women use high-intensity interval training than men. In 2015, the proportion of women and men using HIIT was 53.03% and 46.97% respectively. By 2020, the market share of women and men increased to 55.60 %and 44.40%, respectively. As women in the new era have higher and higher requirements for beauty and health, the proportion of women in this industry is increasing year by year.
Global High Intensity Interval Training (HIIT) Market Status Analysis and Forecast
In-depth research report on ${Fitness HIIT} market: https://www.globalmarketmonitor.com/reports/762531-fitness-hiit-market-report.html
After
a period of practical development, the industry entered the mature period. According
to our research, the global fitness high-intensity interval training industry
market value was $4.35256 billion in 2015 and reached $6.42773 billion in 2019.
From 2015 to 2019, the annual value increased year by year and the market
developed rapidly. However, due to the severe impact of the COVID-19 pandemic,
the total market value of the industry decreased to $6,106.57 million in 2020. Based
on this data, we conducted a series of functional operations, analyzed the data
from 2015 to 2020 with a scientific model, and deduced the situation in the
next five years. Finally, we predict that the global fitness high-intensity
interval training industry will be worth $9.98812 billion by 2025. The CAGR for
2020 to 2025 is projected at 10.34%.
In
2015, North America became the largest revenue market in the industry，with a market
value of $1.71012 billion and a market share of 39.29%. The market value of the region grew to $2.47521
billion in 2019, growing steadily from 2015 to 2019. In 2020, due to the impact
of the epidemic, the market value decreased to $2.3049 billion, and the market
share in the region also decreased year by year, to 37.74% in 2020.
Europe
is the second largest market by revenue, accounting for 33.89% of
the total market value of $2,06929 million in 2020. China accounted for 8.62%
of the market in 2020. Although its market share is relatively small, data shows
that market shareof China in the industry has increased year by year from 2015 to
2020. Even after the outbreak of COVID-19 in 2020, its market value increased compared
to that of 2019 ($519.2 million in 2019 and $526.43 million in 2020). It can be
seen that China\'s fitness high-intensity interval training industry has a
promising future.
The Impact of COVID-19 on the Global High Intensity Interval Training Industry and Its Future Development Trend
After
the outbreak of COVID-19, in order to prevent the further spread of the virus,
the governments of many countries imposed a ban on people going out and
gathering together. Many fitness clubs were also closed for a long time at the
order of the local government. Fitness companies also need to suspend all
membership fees if it is impossible for their clubs to reopen. When the most
important source of revenue is lost, companies must make sure they have enough
money for business expenses such as payroll payments, rent, etc. As a result,
many fitness chains are experimenting with new ways to make money during the
pandemic. They chose to offer home
fitness services to their clients. Since HIIT does not require large equipment,
with simple and clear movements, and can be completed through online video
teaching, home fitness services have become a new focus during the epidemic. In
addition, after the epidemic, people\'s health awareness will continue to
improve, and the demand for health management and health care will be higher,
which brings certain opportunities for the development of HIIT industry. The
health industry of improving physical fitness and preventing diseases in
advance will become a hot industry after the epidemic, which directly leads to
the high flow of online fitness during peak periods, and fitness has gradually
become a new trend.
However, the development of the industry also faces various challenges. For example, the training intensity of HIIT is high, which is not suitable for everyone, and its audience is limited. In addition, there are too many choices in the market, and there are already many mature products, which makes it difficult for new entrants to form a competitive advantage.
In-depth research report on ${Fitness HIIT} market: https://www.globalmarketmonitor.com/reports/762531-fitness-hiit-market-report.html
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