Global Fitness Equipment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Fitness Equipment Market is presumed to reach the market size of nearly USD 32.59 Billion by 2032 from USD 19.52 Billion in 2023 with a CAGR of 5.86% under the study period 2024-2032.

Fitness equipment is any device that enables an individual to perform physical exercises and stay physically fit. Weight training machines, treadmills, rowing machines, stationary bicycles, free weights, and elliptical trainers commonly use fitness equipment. It is ideally used for maintaining weight. Regular workouts with fitness equipment help an individual to achieve fitness goals as it improves muscle strength, boosts endurance levels, and improves cardiovascular health. Available in various sizes and price tags, it adds variety to workouts and makes workout sessions safer and more accessible. In addition, fitness equipment plays a vital role in bodybuilding and personality development and boosts one's confidence levels. It forms a part of the sporting goods sector. Fitness equipment is used in gyms, health clubs, fitness studios, homes, hotels, and corporate offices.

MARKET DYNAMICS

The fitness equipment market has bright prospects, although it is facing a temporary downfall at the moment. The fitness equipment market is primarily driven by increasing obesity and other lifestyle diseases, sedentary lifestyle, and rising health awareness among individuals. Over the past several years, the need to lead a healthy lifestyle has resulted in an increasing number of gyms across the globe coupled with growing demand for fitness equipment. A surge in the number of gym subscriptions to remain in perfect shape has increased the demand for fitness equipment, creating a positive impact on its market. The fitness equipment market is growing, with individuals facing time constraints and the inconvenience of visiting a gym. Furthermore, factors like government initiatives to promote health awareness and online availability of fitness equipment will fuel market growth. However, the temporary closure of gyms due to the Covid-19 pandemic, home quarantines, and the need to maintain social distancing to prevent the spread of the disease hinders the growth of the fitness equipment market to some extent. In addition, growing preference towards yoga restricts fitness equipment market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Fitness Equipment. The growth and trends of Fitness Equipment industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Fitness Equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Cardiovascular Training Equipment
Treadmills
Stationary Cycles
Elliptical Trainers & Others
Strength Training Equipment
Others

By End-user

Home Consumers
Fitness Centers/Gyms
Others

By Distribution Channel

Offline
Online

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Fitness Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Fitness Equipment market include PrecorIncorporated., Life Fitness (KPS Capital), Shandong EM Health Industry Group Co. Ltd., Icon Health & Fitness, Johnson Health Tech, Nautilus Inc., TRUE, Technogym, Torque Fitness., Core Health & Fitness, Impulse Health Technology Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11215494

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. FITNESS EQUIPMENT - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By End-user
- 3.7.3 Market Attractiveness Analysis By Distribution Channel
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL FITNESS EQUIPMENT MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Cardiovascular Training Equipment Historic and Forecast Sales By Regions
5.4. Treadmills Historic and Forecast Sales By Regions
5.5. Stationary Cycles Historic and Forecast Sales By Regions
5.6. Elliptical Trainers & Others Historic and Forecast Sales By Regions
5.7. Strength Training Equipment Historic and Forecast Sales By Regions
5.8. Others Historic and Forecast Sales By Regions

6. GLOBAL FITNESS EQUIPMENT MARKET ANALYSIS BY END-USER

6.1. Overview By End-user
6.2. Historical and Forecast Data Analysis By End-user
6.3. Home Consumers Historic and Forecast Sales By Regions
6.4. Fitness Centers/Gyms Historic and Forecast Sales By Regions
6.5. Others Historic and Forecast Sales By Regions

7. GLOBAL FITNESS EQUIPMENT MARKET ANALYSIS BY DISTRIBUTION CHANNEL

7.1. Overview By Distribution Channel
7.2. Historical and Forecast Data Analysis By Distribution Channel
7.3. Offline Historic and Forecast Sales By Regions
7.4. Online Historic and Forecast Sales By Regions

8. GLOBAL FITNESS EQUIPMENT MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE FITNESS EQUIPMENT COMPANIES

9.1. Fitness Equipment Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF FITNESS EQUIPMENT INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. PrecorIncorporated.
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. Life Fitness (KPS Capital)
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. Shandong EM Health Industry Group Co. Ltd.
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Icon Health & Fitness
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Johnson Health Tech
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. Nautilus Inc.
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. TRUE
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Technogym
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. Torque Fitness.
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
10.12. Core Health & Fitness
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
10.13. Impulse Health Technology Co. Ltd
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies