Spinning is fastest growing segment fueling the growth of the global Upright Exercise Bike Market
The global Upright Exercise Bike Market is estimated to be valued at US$ 1.91 Billion in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Upright exercise bikes, also known as stationary bikes, are used for cardiovascular training. They help in burning calories and building lower body strength. The spinning segment, which includes bikes used for indoor cycling classes, is growing rapidly due to gains in popularity of group fitness classes focused on cardio and strength training. Market key trends: One of the key trends driving the upright exercise bike market growth is the rising popularity of spinning exercises among health-conscious consumers. Spinning classes are gaining footholds across gyms and fitness studios as they provide an effective full-body workout in a group setting leading to increased motivation levels. The spin classes help in burning over 500 ...