The Emergence of the Home Gym After Lockdowns
The fitness sector has seen a slow but steady rise in the popularity of home gyms. On the other hand, they shot up in 2020 (the first wave of virus lockdowns caused the biggest peak.) In fact, between 2019 and 2021, the fitness industry lost approximately $5 billion in income, which translates to a significant drop for any business. The popularity of home gyms seems unlikely to decrease, despite the widespread availability of fitness facilities in most parts of the world. Those are all positive developments for retailers that offer fitness equipment for use at home. As a result, consumers are increasingly adopting the at-home workout trend. And they’re using products from companies like Premier Fitness Service to accomplish it.
Home gyms are also going high-tech. Echelon EX-7s Smart Connect Bike is probably the most famous recent example of high-tech home fitness equipment. It offers a variety of live and on-demand classes available 24/7, a roster of world-class instructors, and exclusive access to challenges and fitness channels you won’t find anywhere else! If you prefer to run you can also use Echelon Commercial Stride-7s Smart Treadmill.
The Number of Mobile Fitness Apps Grows
Mobile fitness app development is another example of how technology is affecting the fitness business. It is projected that by 2023, fitness apps will generate over $16.6 billion in revenue thanks to their massive user base of over 800 million people around the world. This is expected to increase to approximately $30.2 billion by 2026. Heard about Premier VirtualFit Guide? It is another type of growing fitness workout app, this guide provides tools for how to use the equipment, exercise guides, and a complete wellness guide to assist you in your life in and outside of the gym. It is a free fitness platform for every fitness space that includes how-to-use-the-equipment instructions, exercise guides, and a complete wellness guide for fitness users by just simply scanning the code!
Consumers Are Concerned with Both the Adaptability and the Functional Strength of Products
The primary focus of many people’s efforts to improve their fitness is still to reduce their proportion of body fat and increase their muscular mass. But there is also a movement taking place in parallel to this one: A focus on one’s bare physical abilities. Consistency of strength across one’s whole range of motion. And gymnast-like flexibility. (In the first place, to be able to move across a greater variety of ranges of motion.) The increasing number of people who are learning how to perform the back exercise known as “the bridge” is one example of this trend. Yoga mats have been flying off the shelves lately for the same reason.
The fitness world has always been fast-changing. And as technology influences this industry more and more, those changes will happen even faster. From fitness spaces adapting to a post-pandemic world to fitness programs becoming high-tech, it’s an incredibly exciting time to be involved in the space. Are you ready to improve your fitness amenity, and create a modern facility for your clients? If so, tremendous value to your overall business awaits!
Written by: Joy Rosales.