Key Players are Peloton Interactive, Nautilus, Technogym, and Johnson Health Tech Co
The US home fitness equipment market has increased significantly during the years 2018-2020, the market flourished more progressively in 2020 owing to spread of COVID-19. Furthermore, projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously.
The home fitness equipment market is expected to increase due to rising millennial population, growing prevalence of obesity, rapid urbanization, increasing incidence of chronic diseases, surging online sales of fitness equipment, soaring fitness conscious population, etc. Moreover, the market faces some challenges such as space limitation, high cost of fitness equipment, etc.
The market is fairly fragmented with several market players operating in different states. The key players of the home fitness equipment market are Peloton Interactive, Inc., Nautilus, Inc., Technogym S.p.A., and Johnson Health Tech Co. Ltd., and are profiled with their financial information and respective business strategies.
Scope of the Report
This report provides an in depth analysis of the US home fitness equipment market by value and by type. The report also provides a detailed analysis of the COVID-19 impact on the home fitness equipment market in the US.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the US home fitness equipment market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Company Coverage
- Peloton Interactive, Inc.
- Nautilus, Inc.
- Technogym S.p.A.
- Johnson Health Tech Co. Ltd.
What is the estimated value of the US Home Fitness Equipment Market?
What is the growth rate of the US Home Fitness Equipment Market?
What is the forecasted size of the US Home Fitness Equipment Market?
Who are the key companies in the US Home Fitness Equipment Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 63 |
| Published | September 2021 |
| Forecast Period | 2021 - 2025 |
| Estimated Market Value ( USD | $ 7.53 Billion |
| Forecasted Market Value ( USD | $ 9.96 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | United States |
| No. of Companies Mentioned | 4 |
Table of Contents
1. Executive Summary
Executive Summary
Fitness equipment is a sub-category of the larger sporting goods sector. Fitness equipment can be used at home to complete a good fitness routine. Home fitness equipment is defined as a machine that is used to perform any fitness activity, or to exercise at home. The major fitness equipment that are used for physical exercise at home include treadmills, weight machines, elliptical machines, stationary bicycles, strength building machines, and others.
There are two broad categories of home fitness equipment: cardiovascular training equipment and strength training equipment. Cardiovascular training equipment includes ski machines, elliptical machines, rowing machines, stair-steppers, treadmill, and exercise cycle. Strength training equipment includes ankle weights, exercise mat, hand weights, resistance bands, weighted arm bands, and tubing. The home fitness equipment market can be segmented on the basis of type, and distribution channel.
Companies Mentioned
- Johnson Health Tech Co. Ltd.
- Nautilus, Inc.
- Peloton Interactive, Inc.
- Technogym S.p.A.
