Increase in obesity rates mainly in urban population across the world has occasioned in improved health and fitness awareness among consumers. To prevent like diseases, people are increasingly concentrating on their fitness and wellness, driving the fitness equipment market demand in residential and commercial applications. Medical concerns have an impact on the mortality rate. At the global level, a rise in the health issues of cholesterol, diabetes, and heart-related problems is being perceived. Keeping oneself physically fit can be measured as one of the best precautions to eradicate or avoid the risks of certain diseases. Fitness training centers have observed a spontaneous growth, owing to the number of health issues encountered in today’s world. The growth in the number of fitness centers across the world has created a rise in demand for fitness equipment and this demand is anticipated to produce in the coming years. Treadmills, stationary bicycles, weightlifting machines are some of the most common fitness equipment preferred by consumers for cardiovascular fitness and muscle building.
The fitness equipment market is expected to reach US$15.50 billion by 2028, registering a CAGR of 3.5% from 2023 to 2028
The global Fitness Equipment market is segregated on the basis of Distribution Channel as Offline Store and Online Store. Based on Protective Equipment Type Barriers the global Fitness Equipment market is segmented in Weight Training and Cardiovascular Training. Based on End Use the global Fitness Equipment market is segmented in Health Clubs, Other Commercial Organizations, and Individual.
The global Fitness Equipment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Fitness Equipment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Johnson Health Tech, Nautilus Inc., Technogym S.p.A., Torque Fitness, True Fitness, Brunswick Corporation, Core Health & Fitness LLC, Fitness EM, LLC, HOIST Fitness Systems, Icon Health and Fitness, and others are among the major players in the global Fitness Equipment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Fitness Equipment Market has been segmented as below:
Fitness Equipment Market, By Distribution Channel
Fitness Equipment Market, By Protective Equipment Type Barriers
Fitness Equipment Market, By End Use
Fitness Equipment Market, By Region
Fitness Equipment Market, By Company
The report covers:
Report Scope:
The global Fitness Equipment market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Fitness Equipment market share. Major industry players with significant revenue share include Johnson Health Tech, Nautilus Inc., Technogym S.p.A., Torque Fitness, True Fitness, Brunswick Corporation, Core Health & Fitness LLC, Fitness EM, LLC, HOIST Fitness Systems, Icon Health and Fitness, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Fitness Equipment Market, By Distribution Channel
5.1 Introduction
5.2 Offline Store
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Online Store
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Fitness Equipment Market, By ProtectiveEquipment Type Barriers
6.1 Introduction
6.2 Weight Training
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Cardiovascular Training
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Fitness Equipment Market, By End User
7.1 Introduction
7.2 Health Clubs
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Other Commercial Organizations
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Individual
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Fitness Equipment Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Fitness Equipment, By Distribution Channel
8.2.2 North America Fitness Equipment, By ProtectiveEquipment Type Barriers
8.2.3 North America Fitness Equipment, By End Use
8.3 Europe
8.3.1 Europe Fitness Equipment, By Distribution Channel
8.3.2 Europe Fitness Equipment, By ProtectiveEquipment Type Barriers
8.3.3 Europe Fitness Equipment, By End Use
8.4 Asia-Pacific
8.4.1 Asia-Pacific Fitness Equipment, By Distribution Channel
8.4.2 Asia-Pacific Fitness Equipment, By ProtectiveEquipment Type Barriers
8.4.3 Asia-Pacific Fitness Equipment, By End Use
8.5 Rest of the World
8.5.1 Rest of the World Fitness Equipment, By Distribution Channel
8.5.2 Rest of the World Fitness Equipment, By ProtectiveEquipment Type Barriers
8.5.3 Rest of the World Fitness Equipment, By End Use
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
(Overview, Key Financials, Product and service Offering, Recent Development)
10.1 Johnson Health Tech
10.2 Nautilus Inc.
10.3 Technogym S.p.A.
10.4 Torque Fitness
10.5 True Fitness
10.6 Brunswick Corporation
10.7 Core Health & Fitness LLC
10.8 Fitness EM, LLC
10.9 HOIST Fitness Systems
10.10 Icon Health and Fitness
10.11 Amer Sports Corporation
The Fitness Equipment Market has been segmented as below:
Fitness Equipment Market, By Distribution Channel
Fitness Equipment Market, By Protective Equipment Type Barriers
Fitness Equipment Market, By End Use
Fitness Equipment Market, By Region
Fitness Equipment Market, By Company
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