Quick Summary:
In the expanding landscape of the global home fitness equipment market, staying ahead of the competition relies on accurate, in-depth understanding of the industry trends and key driving factors. As an executive, making data-driven decisions is a gateway to success, thus adding immense value to your strategy and concept planning. Our comprehensive research report on this market offers you an unparalleled insight into the factors influencing the market trends, growth strategies, and future opportunities, essential to your competitive edge.
The home fitness equipment market has never been more relevant than in this era of precautionary healthcare and individualized workout regimes. An active lifestyle and regular exercise are now part of the everyday discourse, contributing to the steady growth of this market. However, space limitation in homes and apartments poses a hindrance. Our report delves into these aspects, providing you with a detailed analysis of these market dynamics.
Emerging trends, such as the integration of Virtual Reality, continue to evolve the market, making workout sessions more engaging. The report also covers acquisitions and strategic alliances that shape the market landscape, such as the acquisition of Precor Incorporated by Peloton Interactive, Inc. By purchasing this report, you will stay informed about your competitors, market trends, and the overall industry direction, allowing you to make strategic decisions with confidence and precision.
The home fitness equipment market consists of sales of cardiovascular training equipment, stationary cycles, dumbbells, kettlebells, store-based equipment, and in-home gym equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Home fitness equipment refers to any equipment or tool used during physical activity at home to improve the experience or results of a workout regimen by adding fixed or adjustable quantities of resistance or to otherwise improve the strength or conditioning effects of that exercise.
Asia Pacific was the largest region in the home fitness equipment market in 2022. Western Europe was the second largest region in the home fitness equipment market. The regions covered in the home fitness equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main product types of home fitness equipment are treadmills, elliptical machines, rowing machines, strength training equipment, other and applications into home, small gyms, offices, and others. An elliptical machine is a stationary workout machine that allows to stair climb, walk, or run without putting too much strain on the joints, reducing the chance of impact injuries. It is distributed through offline retail stores, online retail stores, direct selling and are used in home, small gyms, offices, and others.
Precautionary healthcare coupled with an increasing preference for customized workout regimes has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases. According to Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market.
Space limitation in homes is expected to limit the growth of the home fitness equipment market. People living in cities are confined to small homes or apartments to manage their expenses, which limits the amount of space for fitness equipment. According to American Council on Exercise, a treadmill or elliptical machine occupies 30 square feet, a stationary bike occupies 10 square feet, a rowing machine occupies 20 square feet, and free weights occupy 20 to 50 square feet of space. Moreover, the average size of a simple weight bench is 50 inches long and 19 inches wide. Therefore, it is difficult for the user to adjust everything in small spaces. Reduced space in houses resulting in space limitation for fitness equipment is hindering the market growth.
Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios. They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world’s first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting. Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment.
In December 2020, Peloton Interactive, Inc., a US-based exercise and media company acquired Precor Incorporated for an amount of $420 million. Through this acquisition, Peloton increases its increased R&D capabilities, expanded U.S. manufacturing presence, and accelerated commercial vertical expansion to improve the customer experience. Precor Incorporated is a US-based fitness equipment manufacturing company that pioneers in the design, development of fitness programs, and manufacturing of exercise equipment for home and commercial purposes.
The countries covered in the home fitness equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The home fitness equipment market research report is one of a series of new reports that provides home fitness equipment market statistics, including home fitness equipment industry global market size, regional shares, competitors with a home fitness equipment market share, detailed home fitness equipment market segments, market trends and opportunities, and any further data you may need to thrive in the home fitness equipment industry. This home fitness equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players in the home fitness equipment market are Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems, Amer Sports, Icon Health And Fitness, Torque Fitness LLC, Impulse (Qingdao) Health Tech Co. Ltd., Brunswick Corporation and Paramount.
This product will be delivered within 1-3 business days.
What is the estimated value of the Global Home Fitness Equipment Market?
What is the growth rate of the Global Home Fitness Equipment Market?
What is the forecasted size of the Global Home Fitness Equipment Market?
Who are the key companies in the Global Home Fitness Equipment Market?
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | February 2023 |
Forecast Period | 2023 - 2027 |
Estimated Market Value ( USD | $ 16.55 billion |
Forecasted Market Value ( USD | $ 24.28 billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Home Fitness Equipment Market Characteristics
3. Home Fitness Equipment Market Trends And Strategies
4. Home Fitness Equipment Market - Macro Economic Scenario
4.1 COVID-19 Impact On Home Fitness Equipment Market
4.2 Ukraine-Russia War Impact On Home Fitness Equipment Market
4.3 Impact Of High Inflation On Home Fitness Equipment Market
5. Home Fitness Equipment Market Size And Growth
5.1. Global Home Fitness Equipment Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Home Fitness Equipment Forecast Market, 2022 - 2027F, 2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Home Fitness Equipment Market Segmentation
6.1. Global Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Treadmills
- Elliptical machines
- Rowing machines
- Strength training equipment
- Other Products
- Home
- Small Gyms
- Offices
- Other Applications
- Offline Retail Stores
- Online Retail Stores
- Direct Selling
7.1. Global Home Fitness Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Home Fitness Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Home Fitness Equipment Market
8.1. Asia-Pacific Home Fitness Equipment Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Home Fitness Equipment Market
9.1. China Home Fitness Equipment Market Overview
9.2. China Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Home Fitness Equipment Market
10.1. India Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Home Fitness Equipment Market
11.1. Japan Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Home Fitness Equipment Market
12.1. Australia Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Home Fitness Equipment Market
13.1. Indonesia Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Home Fitness Equipment Market
14.1. South Korea Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Home Fitness Equipment Market
15.1. Western Europe Home Fitness Equipment Market Overview
15.2. Western Europe Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Home Fitness Equipment Market
16.1. UK Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Home Fitness Equipment Market
17.1. Germany Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Home Fitness Equipment Market
18.1. France Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Home Fitness Equipment Market
19.1. Eastern Europe Home Fitness Equipment Market Overview
19.2. Eastern Europe Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Home Fitness Equipment Market
20.1. Russia Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Home Fitness Equipment Market
21.1. North America Home Fitness Equipment Market Overview
21.2. North America Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Home Fitness Equipment Market
22.1. USA Home Fitness Equipment Market Overview
22.2. USA Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Home Fitness Equipment Market
23.1. South America Home Fitness Equipment Market Overview
23.2. South America Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Home Fitness Equipment Market
24.1. Brazil Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Home Fitness Equipment Market
25.1. Middle East Home Fitness Equipment Market Overview
25.2. Middle East Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Home Fitness Equipment Market
26.1. Africa Home Fitness Equipment Market Overview
26.2. Africa Home Fitness Equipment Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Home Fitness Equipment Market, Segmentation By Applications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Home Fitness Equipment Market Competitive Landscape And Company Profiles
27.1. Home Fitness Equipment Market Competitive Landscape
27.2. Home Fitness Equipment Market Company Profiles
27.2.1. Cybex
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Nautilus
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Precor
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Technogym
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Fitnessathome
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Home Fitness Equipment Market
29. Home Fitness Equipment Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer
Executive Summary
Home Fitness Equipment Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on home fitness equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered
1) By Product: Treadmills; Elliptical Machines; Rowing Machines; Strength Training Equipment; Other Products2) By Applications: Home; Small Gyms; Offices; Other Applications
3) By Distribution Channel: Offline Retail Stores; Online Retail Stores; Direct Selling
Companies Mentioned: Cybex; Nautilus; Precor; Technogym; Fitnessathome
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cybex
- Nautilus
- Precor
- Technogym
- Fitnessathome
- Fitness World
- Johnson Health Tech
- NordicTrack
- ProForm
- TRUE Fitness
- Vectra Fitness
- Woodway
- HOIST Fitness Systems
- Amer Sports
- Icon Health And Fitness
- Torque Fitness LLC
- Impulse (Qingdao) Health Tech Co. Ltd.
- Brunswick Corporation
- Paramount
Methodology
LOADING...