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Global Fitness Equipment Market 2022-2028

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    Report

  • 195 Pages
  • March 2022
  • Region: Global
  • Triton Market Research
  • ID: 5555980

MARKET OUTLOOK

As mentioned in this report, the global fitness equipment market is anticipated to register growth at a compound annual growth rate of 3.95% in value over the period of 2022-2028.

Factors such as the growing popularity of fitness culture, rising health consciousness due to obesity concerns, and advantages of fitness equipment are fueling the growth of the fitness equipment market. Additionally, the rising home workout trends and smart home gym equipment applications are offering new opportunities for the studied market over the forecast period.
However, the rising sale of fraudulent products and costly fitness equipment impede the overall development of the fitness equipment market globally.

REGIONAL OUTLOOK
The global fitness equipment market covers North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa regions.
Globally, the Asia-Pacific is expected to emerge as the fastest-growing region in the fitness equipment market over the forecasted period. The region’s growth can be attributed to the rising obesity levels and the increasing number of fitness influencers. In recent years, the high obesity levels have encouraged people to opt for gym memberships, which has surged the adoption of fitness equipment. Other than this, the pandemic induced home workout trends that fueled the fitness trends across major countries. Therefore, such factors drive the fitness equipment market’s growth across the APAC region.

COMPETITIVE OUTLOOK

The prominent companies studied in the fitness equipment market are iFIT Health and Fitness Inc, Life Fitness, Nautilus Inc, True Fitness Technology Inc, Gymequip EU, Johnson Health Tech Co Ltd, Impulse Health Tech Co Ltd, Cybex International Inc, Precor Incorporated, Total Fitness Equipment, Peloton Interactive Inc, Technogym SPA, Core Health and Fitness LLC, and Heinz Kettler GmbH and Co KG.

Core Health and Fitness LLC is an integrated global manufacturer of commercial fitness equipment. It has a robust market presence with a wide range of products, including cardio, strength, group cycling, and high-intensity interval training equipment. Additionally, the company’s products are marketed under brands like StairMaster, Schwinn, Nautilus, and Throwdown, among others. With operations across the globe, Core Health and Fitness is headquartered in Vancouver, the United States.

Table of Contents

1. Global Fitness Equipment Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on Fitness Equipment Market
2.2. Key Insights
2.2.1. Rising Adoption of Wearable Devices
2.2.2. Increasing Popularity of High-Intensity Interval Training
2.3. Porter’s Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Mergers & Acquisitions
2.6.2. Contracts & Agreements
2.6.3. Product Launches
2.6.4. Expansions & Divestitures
2.7. Market Drivers
2.7.1. Growing Popularity of Fitness Culture
2.7.2. Rising Health Consciousness Due to An Increase in Obesity
2.7.3. Advantages of Fitness Equipment
2.8. Market Challenges
2.8.1. Increasing Fraudulent Products
2.8.2. Costly Fitness Equipment
2.9. Market Opportunities
2.9.1. Rising Home Workouts
2.9.2. Applications of Smart Home Gym Equipment
3. Global Fitness Equipment Market Outlook - by Type
3.1. Cardiovascular Equipment
3.2. Strength Training Equipment
3.3. Other Equipment
4. Global Fitness Equipment Market Outlook - by End-User
4.1. Home
4.2. Apartment
4.3. Health Club/Gym
4.4. Hotel
4.5. Corporate Office
4.6. Others
5. Global Fitness Equipment Market Outlook - by Distribution Channel
5.1. Online
5.2. Offline
6. Global Fitness Equipment Market - Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.2. Market by End-User
6.1.3. Market by Distribution Channel
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.2. Market by End-User
6.2.3. Market by Distribution Channel
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.2. Market by End-User
6.3.3. Market by Distribution Channel
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.2. Market by End-User
6.4.3. Market by Distribution Channel
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.2. Market by End-User
6.5.3. Market by Distribution Channel
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Saudi Arabia
6.5.4.3. Turkey
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa
7. Competitive Landscape
7.1. Core Health and Fitness LLC
7.2. Cybex International Inc
7.3. Gymequip Eu
7.4. Heinz Kettler GmbH and Co Kg
7.5. Ifit Health and Fitness Inc
7.6. Impulse Health Tech Co Ltd
7.7. Johnson Health Tech Co Ltd
7.8. Life Fitness
7.9. Nautilus Inc
7.10. Peloton Interactive Inc
7.11. Precor Incorporated
7.12. Technogym Spa
7.13. Total Fitness Equipment
7.14. True Fitness Technology Inc
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology
List of Tables
Table 1: Global Fitness Equipment Market, by Geography, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Percentage of Obese Adults by Country in 2021
Table 4: Global Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 5: Global Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 6: Global Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
Table 7: Global Fitness Equipment Market, by Geography, 2022-2028 (In $ Million)
Table 8: North America Fitness Equipment Market, by Country Outlook, 2022-2028 (In $ Million)
Table 9: North America Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 10: North America Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 11: North America Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
Table 12: Europe Fitness Equipment Market, by Country Outlook, 2022-2028 (In $ Million)
Table 13: Europe Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 14: Europe Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 15: Europe Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
Table 16: Asia-Pacific Fitness Equipment Market, by Country Outlook, 2022-2028 (In $ Million)
Table 17: Asia-Pacific Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 18: Asia-Pacific Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 19: Asia-Pacific Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
Table 20: Latin America Fitness Equipment Market, by Country Outlook, 2022-2028 (In $ Million)
Table 21: Latin America Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 22: Latin America Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 23: Latin America Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
Table 24: Middle East and Africa Fitness Equipment Market, by Country Outlook, 2022-2028 (In $ Million)
Table 25: Middle East and Africa Fitness Equipment Market, by Type, 2022-2028 (In $ Million)
Table 26: Middle East and Africa Fitness Equipment Market, by End-User, 2022-2028 (In $ Million)
Table 27: Middle East and Africa Fitness Equipment Market, by Distribution Channel, 2022-2028 (In $ Million)
List of Figures
Figure 1: Market Attractiveness Index
Figure 2: Global Fitness Equipment Market, by Type, 2021 & 2028 (In %)
Figure 3: Global Fitness Equipment Market, by Cardiovascular Equipment, 2022-2028 (In $ Million)
Figure 4: Global Fitness Equipment Market, by Strength Training Equipment, 2022-2028 (In $ Million)
Figure 5: Global Fitness Equipment Market, by Other Equipment, 2022-2028 (In $ Million)
Figure 6: Global Fitness Equipment Market, by End-User, 2021 & 2028 (In %)
Figure 7: Global Fitness Equipment Market, by Home, 2022-2028 (In $ Million)
Figure 8: Global Fitness Equipment Market, by Apartment, 2022-2028 (In $ Million)
Figure 9: Global Fitness Equipment Market, by Health Club/Gym, 2022-2028 (In $ Million)
Figure 10: Global Fitness Equipment Market, by Hotel, 2022-2028 (In $ Million)
Figure 11: Global Fitness Equipment Market, by Corporate Office, 2022-2028 (In $ Million)
Figure 12: Global Fitness Equipment Market, by Others, 2022-2028 (In $ Million)
Figure 13: Global Fitness Equipment Market, by Distribution Channel, 2021 & 2028 (In %)
Figure 14: Global Fitness Equipment Market, by Online, 2022-2028 (In $ Million)
Figure 15: Global Fitness Equipment Market, by Offline, 2022-2028 (In $ Million)
Figure 16: Global Fitness Equipment Market, Regional Outlook, 2021 & 2028 (In %)
Figure 17: United States Fitness Equipment Market 2022-2028 (In $ Million)
Figure 18: Canada Fitness Equipment Market 2022-2028 (In $ Million)
Figure 19: United Kingdom Fitness Equipment Market 2022-2028 (In $ Million)
Figure 20: Germany Fitness Equipment Market 2022-2028 (In $ Million)
Figure 21: France Fitness Equipment Market 2022-2028 (In $ Million)
Figure 22: Spain Fitness Equipment Market 2022-2028 (In $ Million)
Figure 23: Italy Fitness Equipment Market 2022-2028 (In $ Million)
Figure 24: Russia Fitness Equipment Market 2022-2028 (In $ Million)
Figure 25: Rest of Europe Fitness Equipment Market 2022-2028 (In $ Million)
Figure 26: China Fitness Equipment Market 2022-2028 (In $ Million)
Figure 27: Japan Fitness Equipment Market 2022-2028 (In $ Million)
Figure 28: India Fitness Equipment Market 2022-2028 (In $ Million)
Figure 29: South Korea Fitness Equipment Market 2022-2028 (In $ Million)
Figure 30: Asean Countries Fitness Equipment Market 2022-2028 (In $ Million)
Figure 31: Australia & New Zealand Fitness Equipment Market 2022-2028 (In $ Million)
Figure 32: Rest of Asia-Pacific Fitness Equipment Market 2022-2028 (In $ Million)
Figure 33: Brazil Fitness Equipment Market 2022-2028 (In $ Million)
Figure 34: Mexico Fitness Equipment Market 2022-2028 (In $ Million)
Figure 35: Rest of Latin America Fitness Equipment Market 2022-2028 (In $ Million)
Figure 36: United Arab Emirates Fitness Equipment Market 2022-2028 (In $ Million)
Figure 37: Saudi Arabia Fitness Equipment Market 2022-2028 (In $ Million)
Figure 38: Turkey Fitness Equipment Market 2022-2028 (In $ Million)
Figure 39: South Africa Fitness Equipment Market 2022-2028 (In $ Million)
Figure 40: Rest of Middle East & Africa Fitness Equipment Market 2022-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Core Health and Fitness LLC
  • Cybex International Inc
  • Gymequip Eu
  • Heinz Kettler GmbH and Co Kg
  • Ifit Health and Fitness Inc
  • Impulse Health Tech Co Ltd
  • Johnson Health Tech Co Ltd
  • Life Fitness
  • Nautilus Inc
  • Peloton Interactive Inc
  • Precor Incorporated
  • Technogym Spa
  • Total Fitness Equipment
  • True Fitness Technology Inc

Methodology

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