An Industry Code of Practice has been developed by Fitness Australia in consultation with the relevant Department of Consumer Protection or Fair Trading. A number of Fitness Industry Associations & the Departments of Fair Trading are involved in the administration of the Code of Practice. The Code of Practice is mandatory in all industry businesses are subject to the provisions of the Code. In South Australia, some part of the Code is mandatory and the remaining part is voluntary. Moreover, for New South Wales, Victoria & Tasmania, the Code of Practice is entirely voluntary. Businesses that choose to become Members of Fitness Australia also choose to be subject to the provisions of the Code of Practice, whether voluntary or not.
The article cited AMA's "Global Belly Machines Market Study" explored CAGR of %. According to the report, Introduction to Number of Fitness Clubs and Gyms
is one of the primary growth factors for the market. Growing Per Capita Disposable Income
is also expected to contribute significantly to the Belly Machines market. Overall, Residential Use
applications of Belly Machines, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Belly Machines market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Men, is boosting the Belly Machines market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Belly Machines market identified that the demand is rising in many different parts of the world as "Rising Health Conscious Population as well as Fitness Infrastructure in the Developing Economies
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Belly Machines market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Belly Machines market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Belly Machines market size is calculated using market estimation process, the Belly Machines market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Belly Machines market size has been validated using both top-down and bottom-up approaches.