Fitness Equipment Market Revenue, Growth, Trends, Opportunities and Future Investment 2032

Fitness Equipment Market Size- ByEquipment, By Product Type, By EndUse,By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Fitness Equipment Market Size- ByEquipment, By Product Type, By EndUse,By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Dec 2022 Report ID: FMCG2202 Pages: 1 - 251 Formats*:     
Category : Consumer Goods (FMCG)
Global Fitness Equipment Market Overview:

According to SPER Market Research, the Global Fitness Equipment Market is estimated to reach USD 17.53 billion by 2032 with a CAGR of 3.54%.

As more individuals are getting interested in fitness, the worldwide market for Fitness Equipment Market has been growing at a respectable rate. By providing specialised workout equipment to an individual, the fitness sector has significantly expanded in terms of gym design and a holistic notion of fitness. The global rise in obesity rates, the rise in disposable income in emerging nations, and the rise in the proportion of young people in developing areas are the main drivers impacting market expansion.The opportunity to buy used goods might make it more difficult to buy brand-new workout equipment. Due to their affordability, used items are increasingly preferred over brand-new ones by fitness facility owners and patrons. In this situation, it's anticipated that consumer behaviour will shift quickly and that used gym equipment would be utilised extensively. The demand for high-end gym equipment will be fuelled by rising disposable income and customer knowledge of the newest technology.

Impact of COVID-19 on the Global Fitness Equipment Market
The COVID-19 pandemic had a favourable effect on the market for fitness equipment. The epidemic enforced new rules and conventions, such as social seclusion and lockdowns, to stop the virus' spread. People were thus compelled to stay at home, which led to the emergence of fresh fads like at-home fitness. During the pandemic, the demand for exercise equipment was driven by the increased popularity of at-home training. Exercise applications and platforms saw substantial growth as a result of the pandemic due to the increased focus on self-care, fitness, and health.The epidemic has increased public awareness of health issues and motivated people to improve their physical health and immune systems. Lockdown has caused gym closures all around the world and, as a result, a shift in gym-goers to home training equipment starting in 2020. A greater understanding of health and fitness. The growth of the home Fitness Equipment Market is anticipated to be significantly fuelled by increased awareness of health and fitness. But in the same year, the size of the Fitness Equipment Market as a whole shrank.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Equipment, By Product Type, By End Use, By Distribution Channel
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAcme Fitness Pvt. Ltd., Aerofit, Amer Sports (Precor), Brunswick Corporation, China Nityasach Fitness Pvt. Ltd. (Aerofit), Core Health and Fitness LLC, Cybex International, Inc., Dyaco International Inc., Fitness World, General Electric, Gymequip Eu, Health Technology Co., Ltd., Heinz Kettler GmbH and Co., Hoist Fitness Systems, Inc., Icon Health and Fitness Inc., Ifit Health and Fitness Inc., Impulse (Qingdao) Health Tech Co. Ltd., Jerai Fitness Pvt. Ltd., Johnson Health Tech Inc., Life Fitness, Nautilus, Inc., Nordictrack, Nortus Fitness, Omron Healthcare, Inc., PanattaSrl, Paramount Fitness Corporation, Peloton Interactive, Inc., Precor Incorporated, Schnell Trainigsgerate GmbH , Technogym S.p.a, Torque Fitness, LLC, True Fitness Technology, Inc., Tunturi New Fitness BV.
Global Fitness Equipment Market Segmentation:

By Equipment: Based on the Equipment, Global Fitness Equipment Market is segmented as; Cardiovascular Training Equipment (Climbers, Elliptical Machines, Exercise Bikes,Treadmills), Strength Training Equipment (Barbells & Ladders, Extension Machines, Power Racks, Weightlifting, Weights) and Others.

By Product Type: Based on the Product Type, Global Fitness Equipment Market is segmented as; Rowing Machines, Stationary Machines and Other Product Types.

By End Use: Based on the End Use, Global Fitness Equipment Market is segmented as; Commercial, Corporate, Offices, Health Club, Home Care, Hotel, Residential and Others.

By Distribution Channel: 
Based on the Distribution Channel, Global Fitness Equipment Market is segmented as;Direct, Indirect, Specialty Sports Shop, Sports Goods Store, Offline Retail Stores and Online Retail Stores.

By Region: The regions of North America, Asia-Pacific, Latin America, Europe, the Middle East, and Africa are all included in the worldwide market for exercise equipment.Over the anticipated period, the Asia-Pacific is anticipated to become the region with the quickest rate of growth in the fitness equipment market. The rising rates of obesity and the rise of fitness influencers are two factors that have contributed to the region's growth.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
 
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2  Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3  Data triangulation
 
3. Executive Summary
 
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Fitness Equipment Market 
 
5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4.Heat map analysis
 
6. Global Fitness Equipment Market, By Equipment, 2019-2032 (USD Million)
6.1. Cardiovascular Training Equipment
6.1.1. Climbers
6.1.2. Elliptical Machines
6.1.3. Exercise Bikes
6.1.4. Treadmills
6.2. Strength Training Equipment
6.2.1. Barbells & Ladders
6.2.2. Extension Machines
6.2.3. Power Racks
6.2.4. Weightlifting
6.2.5. Weights
6.3. Others 

7. Global Fitness Equipment Market, By Product Type, 2019-2032 (USD Million)
7.1. Rowing Machines
7.2. Stationary Machines 
7.3. Other Product Types

8. Global Fitness Equipment Market, By End Use, 2019-2032 (USD Million)
8.1. Commercial
8.2. Corporate Offices
8.3. Health Club
8.4. Home Care
8.5. Hotel
8.6. Residential
8.7. Others 

9. Global Fitness Equipment Market, By Distribution Channel, 2019-2032 (USD Million)
9.1. Direct
9.2. Indirect
9.3. Specialty Sports Shop
9.4. Sports Goods Store
9.5. Offline Retail Stores
9.6. Online Retail Stores

10. Global Fitness Equipment Market, By Region, 2019-2032 (USD Million)
10.1. North America
10.1.1. Canada
10.1.2. Mexico
10.1.3. United States
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Rest of Europe
10.2.5. Spain
10.2.6. United Kingdom
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. Rest of Asia-Pacific
10.3.6. South Korea
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
10.5. Middle East & Africa
10.5.1. Kingdom of Saudi Arabia 
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa

11.  Company Profiles
11.1. Acme Fitness Pvt. Ltd.
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments

11.2. Aerofit
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments

11.3. Amer Sports (Precor)
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments

11.4. Brunswick Corporation
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments

11.5. China Nityasach Fitness Pvt. Ltd. (Aerofit)
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments

11.6. Core Health and Fitness LLC
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments

11.7. Cybex International Inc
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments

11.8. Dyaco International Inc.
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments

11.9. Fitness World
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments

11.10. General Electric
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments

11.11. Gymequip Eu
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments

11.12. Health Technology Co., Ltd.
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments

11.13. Heinz Kettler GmbH and Co.
11.13.1. Company details
11.13.2. Financial outlook
11.13.3. Product summary
11.13.4. Recent developments

11.14. Hoist Fitness Systems, Inc
11.14.1. Company details
11.14.2. Financial outlook
11.14.3. Product summary
11.14.4. Recent developments

11.15. Icon Health & Fitness, Inc.
11.15.1. Company details
11.15.2. Financial outlook
11.15.3. Product summary
11.15.4. Recent developments

11.16. Ifit Health and Fitness Inc
11.16.1. Company details
11.16.2. Financial outlook
11.16.3. Product summary
11.16.4. Recent developments

11.17. Impulse Health Tech Co. Ltd
11.17.1. Company details
11.17.2. Financial outlook
11.17.3. Product summary
11.17.4. Recent developments

11.18. Jerai Fitness Pvt. Ltd.
11.18.1. Company details
11.18.2. Financial outlook
11.18.3. Product summary
11.18.4. Recent developments

11.19. Johnson Health Tech Co. Ltd.
11.19.1. Company details
11.19.2. Financial outlook
11.19.3. Product summary
11.19.4. Recent developments

11.20. Life Fitness
11.20.1. Company details
11.20.2. Financial outlook
11.20.3. Product summary
11.20.4. Recent developments

11.21. Nautilus, Inc.
11.21.1. Company details
11.21.2. Financial outlook
11.21.3. Product summary
11.21.4. Recent developments

11.22. Nordictrack
11.22.1. Company details
11.22.2. Financial outlook
11.22.3. Product summary
11.22.4. Recent developments

11.23. Nortus Fitness
11.23.1. Company details
11.23.2. Financial outlook
11.23.3. Product summary
11.23.4. Recent developments

11.24. Omron Healthcare, Inc.
11.24.1. Company details
11.24.2. Financial outlook
11.24.3. Product summary
11.24.4. Recent developments

11.25. PanattaSrl
11.25.1. Company details
11.25.2. Financial outlook
11.25.3. Product summary
11.25.4. Recent developments

11.26. Paramount Fitness Corporation
11.26.1. Company details
11.26.2. Financial outlook
11.26.3. Product summary
11.26.4. Recent developments

11.27. Peloton Interactive, Inc.
11.27.1. Company details
11.27.2. Financial outlook
11.27.3. Product summary
11.27.4. Recent developments

11.28. Precor Incorporated
11.28.1. Company details
11.28.2. Financial outlook
11.28.3. Product summary
11.28.4. Recent developments

11.29. Schnell Trainigsgerate GmbH 
11.29.1. Company details
11.29.2. Financial outlook
11.29.3. Product summary
11.29.4. Recent developments

11.30. Technogym S.p.a
11.30.1. Company details
11.30.2. Financial outlook
11.30.3. Product summary
11.30.4. Recent developments

11.31. Torque Fitness, LLC
11.31.1. Company details
11.31.2. Financial outlook
11.31.3. Product summary
11.31.4. Recent developments

11.32. True Fitness Technology, Inc.
11.32.1. Company details
11.32.2. Financial outlook
11.32.3. Product summary
11.32.4. Recent developments

11.33. Tunturi New Fitness BV
11.33.1. Company details
11.33.2. Financial outlook
11.33.3. Product summary
11.33.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The Fitness Equipment Market is projected to reach USD 17.53 billion by 2032, growing at a CAGR of 3.54% during the forecast period.
The Fitness Equipment Market grew in market size from 2021. The Market is expected to reach USD 17.53 billion by 2032, at a CAGR of 3.54% during the forecast period.
The Fitness Equipment Market CAGR of 3.54% during the forecast period.
You can get the sample pages by clicking the link -Click Here
The Fitness Equipment Market size is USD 17.53 billion from 2022 to 2032.
The Fitness Equipment Market segment is Covered By Equipment, By Product Type, By End Use, By Distribution Channel.
The North America region is anticipated to have the highest market share in the Fitness Equipment Market.
Fitness Equipment Market has been growing at a respectable rate. By providing specialised workout equipment to an individual, the fitness sector has significantly expanded in terms of gym design and a holistic notion of fitness.
The key players in the market include Companies Covered Acme Fitness Pvt. Ltd., Aerofit, Amer Sports (Precor), Brunswick Corporation, China Nityasach Fitness Pvt. Ltd. (Aerofit), Core Health and Fitness LLC, Cybex International, Inc., Dyaco International Inc., Fitness World, General Electric, Gymequip Eu, Health Technology Co., Ltd., Heinz Kettler GmbH and Co., Hoist Fitness Systems, Inc., Icon Health and Fitness Inc., Ifit Health and Fitness Inc., Impulse (Qingdao) Health Tech Co. Ltd., Jerai Fitness Pvt. Ltd., Johnson Health Tech Inc., Life Fitness, Nautilus, Inc., Nordictrack, Nortus Fitness, Omron Healthcare, Inc., PanattaSrl, Paramount Fitness Corporation, Peloton Interactive, Inc., Precor Incorporated, Schnell Trainigsgerate GmbH , Technogym S.p.a, Torque Fitness, LLC, True Fitness Technology, Inc., Tunturi New Fitness BV..
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