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Fitness Equipment: COVID-19

Fitness Equipment Grows 170% During Coronavirus Lockdown

28 April 2020

In the past few months, most gyms and fitness centers have had to close to prevent the spread of COVID-19. This has created a huge demand for home fitness equipment like exercise bikes, treadmills and rowing machines. Online exercise equipment suppliers have seen a sharp increase in sales as a result.Demand has been particularly high for smart exercise equipment and companies that offer online fitness programs as consumers try to replicate the gym experience at home. Obe Fitness has seen a big increase in membership as a result of the coronavirus outbreak while sales of the Mirror interactive fitness system have doubled in the last few weeks. Peleton has seen increasing demand for their exercise bike and has responded by offering contact-free delivery of fully assembled units and a free 90 day trial of its workout classes.

Research and Markets offers more information on this topic:

Fitness Equipment Manufacturing- Product Image
Fitness Equipment Manufacturing- Product Image
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Brief Excerpt from Industry Overview Chapter: Companies in this industry manufacture exercise equipment such as treadmills, exercise bicycles, resistance machinery, and weights and weightlifting equipment....
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The global exercise bike market was worth US$ 492 Million in 2018. The market is further projected to reach around US$ 598 Million by 2024, exhibiting at a CAGR of 3.3% during 2019-2024. Exercise bike, also known...
Home Fitness Equipment Market - Growth, Trends and Forecast (2020 - 2025)- Product Image
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The home fitness equipment market is projected to grow at a CAGR of 2.86% during the forecast period (2020-2025). - Precautionary healthcare coupled with increasing preference for customized workout regime...
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