Fitness Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: ICON Health & Fitness, Life Fitness, Peloton, Technogym, Precor

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Fitness Equipment Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.7% during the review period (2022 to 2027).

Fitness Equipment Market Overview

The global fitness equipment market is growing at a decent pace in the recent years as the people are becoming enthusiastic toward fitness. The fitness industry has significantly grown in terms of model of gyms along with a holistic concept of fitness by offering dedicated fitness equipment to an individual. The top factors influencing the market growth include global rise in obese population, surge in disposable income in developing countries, and increase in young population across developing regions. However, the outbreak of COVID-19 is another factor that has positively impacted the preferences of people toward their fitness goals. Amidst COVID-19, the fitness equipment industry is searching ways to stay appropriate by offering fitness equipment to consumers. People are becoming more conscious toward their health and looking for several fitness equipment that can be used at home.

Industry Developments:

Life Fitness Launched Innovative Digital Out-of-Home Advertising Platform

May 01, 2019: Life Fitness, the global leader in commercial fitness equipment, announced the launch of Life Fitness Media, its first venture in creating an innovative digital advertising platform. This new offering will leverage its large installed base of cardio equipment to effectively deliver unique forms of content to the thousands of fitness- and wellness-minded consumers that workout on Life Fitness equipment every day.

Who are the Major Players in Fitness Equipment Market?

The Fitness Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes ICON Health & Fitness, Life Fitness, Peloton, Technogym, Precor, Nautilus, Johnson Health Tech, Dyaco, Impulse, Shuhua Sports, True Fitness, Shanxi Orient, WaterRower, WNQ Fitness, BH Fitness, Concept2, Landice

What are the major Applications, Types and Regions for Fitness Equipment Market?

Fitness Equipment Market is segmented based on the Types, applications, End users, companies and regions.

Global Fitness Equipment Market, by Types

• Treadmill


• Exercise Bike


• Elliptical


• Rower


• Strength Equipment


• Others

Global Fitness Equipment Market, by Application

• Home


• Commercial

Fitness Equipment Market Regional Analysis

Asia Pacific is estimated to have a robust presence in the global market. The rising number of dual-income households resulting in the spiking spending on home fitness equipment is acting as a driving factor for the market growth. For instance, the data published by the Korean Times in June 2020 states that in 2019, about half of all married couples in South Korea were anticipated to have dual income. In addition, the government of this region is taking certain steps to promote health and physical education in schools which have helped to generate traction

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Fitness Equipment Market report scope?

Key Takeaways from this Fitness Equipment Report

• Evaluate Fitness Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Fitness Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Fitness Equipment market.

Frequently Asked Questions

What is the study period of this market?

The Fitness Equipment Market is studied from 2017 - 2027.

What is the growth rate of Fitness Equipment Market?

The Fitness Equipment Market is growing at a CAGR of 3.7% over the next 5 years.

Who are the leading key players in Fitness Equipment Market?

ICON Health & Fitness, Life Fitness, Peloton, Technogym, Precor, Nautilus, Johnson Health Tech, Dyaco, Impulse, Shuhua Sports, True Fitness, Shanxi Orient, WaterRower, WNQ Fitness, BH Fitness, Concept2, Landice

What regions regions does this Fitness Equipment Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Fitness Equipment Market?

Treadmill, Exercise Bike, Elliptical, Rower, Strength Equipment, Others

What are the significant applications of Fitness Equipment Market?

Home, Commercial

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.