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Home Fitness Equipment Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

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Home Fitness Equipment Market
-Global Home Fitness Equipment Market is Expected to Reach USD 12.16 Billion by 2025
The fitness equipment market is expected to grow at a CAGR of 4.5% from 2019 to 2025. The market is driven by the growing awareness of the importance of physical fitness and the need to stay fit and healthy. The market is also driven by the increasing number of health club memberships and the growing number of gyms and fitness centers.

The home fitness equipment market is expected to grow at a CAGR of 6.5% from 2019 to 2025. The market is driven by the growing awareness of the importance of physical fitness and the need to stay fit and healthy. The market is also driven by the increasing number of health club memberships and the growing number of gyms and fitness centers.

The global home fitness equipment market is expected to reach USD 1216 billion by 2025. The market is driven by the growing awareness of the importance of physical fitness and the need to stay fit and healthy. The market is also driven by the increasing number of health club memberships and the growing number of gyms and fitness centers.

The home fitness equipment market is segmented by type, end-user, and geography.

By type, the market is segmented into treadmills, ellipticals, exercise bikes, rowing machines, and others.

By end-user, the market is segmented into residential and commercial.

The market is driven by the growing awareness of the importance of physical fitness and the need to stay fit and healthy. The market is also driven by the increasing number of health club memberships and the growing number of gyms and fitness centers.

The market is segmented by type, end-user, and geography.

By type, the market is segmented into treadmills, ellipticals, exercise bikes, rowing machines, and others.

By end-user, the market is segmented into residential and commercial.

The market is driven by the growing awareness of the importance of physical fitness and the need to stay fit and healthy. The market is also driven by the increasing number of health club memberships and the growing number of gyms and fitness centers.

The market is segmented by type,

-The home fitness equipment market is driven by the growing interest of consumers in fitness and health
The home fitness equipment market is driven by the growing interest of consumers in fitness and health. The number of people who are health conscious and want to stay fit is on the rise, and this is reflected in the increased sales of home fitness equipment.

There are a number of factors that are driving the growth of the home fitness equipment market. One of the most important factors is the changing lifestyle of people. With the hectic pace of life, people are finding it difficult to make time for a regular workout at the gym. This has led to an increased demand for home fitness equipment that can be used in the comfort of one’s home.

Another factor that is driving the growth of the home fitness equipment market is the rising awareness about the importance of fitness and health. People are now more aware of the importance of staying fit and healthy, and this is reflected in the increased sales of home fitness equipment.

The home fitness equipment market is further driven by the increasing disposable incomes of people. With more people in the middle class and above, there is more money to spend on luxuries like home fitness equipment.

The home fitness equipment market is expected to grow at a healthy rate in the coming years. With the increasing interest of consumers in fitness and health, and the changing lifestyle of people, the demand for home fitness equipment is expected to continue to grow.

-The Asia-Pacific home fitness equipment market is expected to grow at the highest CAGR during the forecast period
The AsiaPacific home fitness equipment market is expected to grow at the highest CAGR during the forecast period. This is attributed to the growing health consciousness among people and the increasing number of gyms and fitness centers in the region.

The home fitness equipment market in AsiaPacific is segmented by product type, end user, and country.

By product type, the market is categorized into treadmills, ellipticals, stair climbers, exercise bikes, rowing machines, and others. Treadmills are expected to grow at the highest CAGR in the region during the forecast period.

By end user, the home fitness equipment market is classified into gyms & fitness centers and home settings. The gyms & fitness centers segment is expected to grow at the highest CAGR during the forecast period.

By country, the market is analyzed across China, Japan, India, South Korea, Australia, and Rest of AsiaPacific. China is expected to grow at the highest CAGR in the AsiaPacific home fitness equipment market during the forecast period.

Some of the key players operating in the AsiaPacific home fitness equipment market include Johnson Health Tech Co. Ltd., Nautilus, Inc., Technogym S.p.A., Core Health & Fitness, LLC, True Fitness Technology, Inc., Cybex International, Inc., Precor Incorporated, Brunswick Corporation, and Life Fitness.

-The home fitness equipment market in North America is expected to grow at a significant rate due to the presence of a large number of health and fitness clubs
The home fitness equipment market in North America is expected to grow at a significant rate due to the presence of a large number of health and fitness clubs. The home fitness equipment market is expected to grow at a CAGR of around 5% during the forecast period. The market is driven by the growing popularity of home-based fitness, which is attributed to the growing awareness of the benefits of physical activity and the need for a healthier lifestyle.

The home fitness equipment market in North America is highly competitive with a large number of players. The key players in the market include Johnson Health Tech, Nautilus, Inc., Brunswick Corporation, Impulse (Qingdao) Health Tech Co., Ltd., and Technogym S.p.A. These players are focused on product innovation and expansion to gain a competitive edge in the market. For instance, in March 2018,Johnson Health Tech launched two new products in its home fitness equipment portfolio, which includes the TreadDesk and the TreadClimber.

-The home fitness equipment market in Europe is expected to grow at a moderate
The home fitness equipment market in Europe is expected to grow at a moderate rate during the forecast period. The market is driven by the growing awareness about fitness and health, and the need to stay fit and healthy. The home fitness equipment market in Europe is segmented by type, end user, and geography.

The home fitness equipment market in Europe is driven by the growing awareness about fitness and health, and the need to stay fit and healthy. The home fitness equipment market in Europe is segmented by type, end user, and geography.

The home fitness equipment market in Europe by type is segmented into cardiovascular training equipment, strength training equipment, and others. The cardiovascular training equipment segment is expected to grow at the highest CAGR during the forecast period. The segment is driven by the growing number of cardio-related diseases and the need to stay fit and healthy.

The home fitness equipment market in Europe by end user is segmented into residential and commercial. The residential segment is expected to grow at the highest CAGR during the forecast period. The growth of the segment is driven by the growing number of health-conscious individuals and the need for fitness equipment at home.

The home fitness equipment market in Europe by geography is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Europe is expected to grow at the highest CAGR during the forecast period. The growth of the market in Europe is driven by the growing awareness about fitness and health, and the need to stay fit and healthy.

Some of the key players in the home fitness equipment market in Europe are Johnson Health Tech Co., Ltd. (Taiwan), Technogym S.p.A. (Italy), Nautilus, Inc. (US), Cybex International, Inc. (US), Precor Incorporated (US), Amer Sports Corporation (Finland), and Brunswick Corporation (US).

LIST OF KEY MARKET PLAYERS PROFILED:

    • Icon Health & Fitness, Inc. (Utah, United States)
    • Johnson Health Tech Co., Ltd. (Wisconsin, United States)
    • Amer Sports Corporation (Helsinki, Finland)
    • Core Health & Fitness, LLC (Washington, United States)
    • Nautilus, Inc (Washington, United States)
    • Technogym S.p.A. (Italy)
    • Hoist Fitness Systems (California, USA)
    • Fitness World AS (Denmark)
    • HAMMER SPORT AG (Germany)
    • Rogue Fitness. (Ohio, United States)

Report Scope & Segmentation

 

 ATTRIBUTE

 

 

DETAILS

 

 

Study Period

 

 

2017-2028

 

 

Base Year

 

 

2020

 

 

Forecast Period

 

 

2021-2028

 

 

Historical Period

 

 

2017-2019

 

 

Unit

 

 

Value (USD Billion)

 

Segmentation

 

By Type

    • Cardiovascular Training Equipment
    • Strength Training Equipment
 

 

 

By Sales Channel

    • Online
    • Offline
 

 

 

    • North America(By Type, Sales Channel, and by Country)
        • The U.S. (By Type)

       

        • Canada (By Type)

       

        • Mexico (By Type)

       

       

    • Europe (By Type, Sales Channel, and by Country)
        • Germany (By Type)

       

        • France (By Type)

       

        • Italy (By Type)

       

        • Spain (By Type)

       

        • The U.K. (By Type)

       

        • Russia (By Type)

       

        • Rest of Europe (By Type)

       

       

    • Asia Pacific (By Type, Sales Channel, and by Country)
        • China (By Type)

       

        • India (By Type)

       

        • Japan (By Type)

       

        • South Korea (By Type)

       

        • Australia (By Type)

       

        • Rest of Asia Pacific (By Type)

       

       

    • South America (By Type, Sales Channel, and by Country)
        • Brazil (By Type)

       

        • Argentina (By Type)

       

        • Rest of South America (By Type)

       

       

    • The Middle East and Africa (By Type, Sales Channel, and by Country)
        • South Africa (By Type)

       

        • UAE (By Type)

       

        • Rest of the Middle East and Africa (By Type)

       

By Type

    • Cardiovascular Training Equipment
    • Strength Training Equipment
By Sales Channel

    • Online
    • Offline
    • Icon Health & Fitness, Inc. (Utah, United States)
    • Johnson Health Tech Co., Ltd. (Wisconsin, United States)
    • Amer Sports Corporation (Helsinki, Finland)
    • Core Health & Fitness, LLC (Washington, United States)
    • Nautilus, Inc (Washington, United States)
    • Technogym S.p.A. (Italy)
    • Hoist Fitness Systems (California, USA)
    • Fitness World AS (Denmark)
    • HAMMER SPORT AG (Germany)
    • Rogue Fitness. (Ohio, United States)

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