Global under desk treadmill market is expected to show robust growth with an impressive CAGR in the forecast period, 2024-2032 on the account of advancing technology in the fitness equipment. Increasing concerns of the population toward their fitness along with the demand to opt for fitness equipment that provide better and efficient method of maintaining regular fitness is further driving the growth of the global under desk treadmill market in the upcoming five years. Moreover, global market players are indulging themselves into extensive research and technological advancement such that more innovative and consumer satisfying product can be developed, the factor is positively influencing the growth of the global under desk tread mill market in the next five years. The concept of self-care is overpowering the laid back mindset of the youth population. Due to the prolonged and busy life schedules the population is highly inclined toward portable, and compact form of the fitness equipment like treadmill and thus supporting the growth of the global under desk treadmill market in the future five years. Rising disposable income is also one of the major factors that is influencing the futuristic growth of the global under desk treadmill market in the forecast years.
Under desk treadmills are the advanced and portable form of the fitness equipment, running treadmill. The under desk treadmills are simple walking equipment that is often installed and easily removable under your workstation, such that you can maintain walking meanwhile working on your projects. Continued sitting for longer hours like 8 to 10 hours or more causes various health disorders and according to reliable resources may decrease the life expectancy years drastically. These treadmills do not have higher speed settings and are lightweight. This fitness equipment is more cost effective and can be easily installed by the consumers themselves.
The global under desk treadmill market is segmented by product type, technology, distribution channel, regional distribution, and competitive landscape. Based on product type, the market is further bifurcated into folded, unfolded, and others. Folded under desk treadmills are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of its advantage of portability and easy storage. The foldable under desk treadmills also allows the consumer to randomly install and uninstall the treadmill under their work station. Other than the workstations, foldable under desk treadmill can also be used in house, while watching television, or during other works. Thus, the demand from the in home female population is further aiding the growth of the global under desk treadmill market in the next five years.
Holding the major shares of the global under desk treadmill market are InMovement LLC, GOPLUS CORP, Zhejiang Rongshun Science & Technology Co., Ltd. (UMAY), Beijing Kingsmith Technology Co., Ltd. (WalkingPad), RHYTHM FUN, Shenzhen Shifeier Technology Co.,Ltd (FUNMILY), PCE Health & Fitness (LifeSpan), Sunny Distributor, Inc. (Sunny Health & Fitness), Treadly LLC., Thermogenesis Group Inc (iMovR), among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through Under desk treadmill. Further advancement would aid the market value and brand establishment in the future five years.
Years considered for this report
Historical Years2016 – 2019
Base Year2020
Estimated Year2021
Forecast Period2022 – 2026
Objective of the Study
- To analyze the historical growth of the market size of global under desk treadmill market from 2016 to 2019.
- To estimate and forecast the market size of global under desk treadmill market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global under desk treadmill market based on product type, technology, distribution channel, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global under desk treadmill market.
- To identify drivers and challenges for global under desk treadmill market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global under desk treadmill market.
- To identify and analyze the profile of leading players operating in global under desk treadmill market.
- To identify key sustainable strategies adopted by market players in global under desk treadmill market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures and service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of global under desk treadmill market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience
- Manufacturers, service providers, end users, and other stakeholders
- Distributors and suppliers of products & services and other stakeholders
- Organizations, forums, and alliances related to under desk treadmill
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
