Fitness Equipment Market, By Equipment Type (Cardiovascular Training Equipment, Weight Training Machine and Weight Lifting Machine), By End user (Fitness Centers/Gyms, Home/ Individual, and Other commercial Organization), By Distribution Channel (Offline
Description
Global fitness equipment market has been witnessing significant growth over the past 2 decade driven by rising health awareness and growing obesity rates. More people are recognizing the importance of maintaining a healthy lifestyle and regular exercise. The COVID-19 pandemic has further accelerated this trend as people aim to boost their immunity at home amid lockdowns and gym closures. Various types of fitness equipment allow consumers to workout according to their own schedule and preferences. Manufacturers are also introducing innovative products with advanced technologies and multi-functional designs to appeal to a wider audience. It is expected that the demand for high-end products will remain robust going forward.
Fitness equipment includes treadmills, weightlifting machines, and stationary bikes. These are used in home, gym, fitness the club, hotels, and corporate offices. This equipment helps in weight management, boost stamina, and remove excessive fat. Fitness equipment can be classified into cardiovascular training and weight training and are widely available in online and offline stores. The health club is the largest consumers of fitness equipment but these equipment are also gaining huge demand from the homecare sector due to the rising number of people adopting a healthy lifestyle and aspire to have a good personality.
Market Dynamics
The key drivers fueling the market growth include growing health consciousness, expanding gyms and health clubs, thereby improving economic conditions, and increasing lifestyle diseases. However, high initial costs of advanced equipment and availability of cheaper alternatives are major challenges. On the positive side, growing prevalence of online training programs and videos is expanding the reach of home fitness solutions. Moreover, emerging economies present significant potential due to improving purchasing power and large untapped customer base in these regions. If manufacturers focus on developing low-cost, multifunctional devices, it can further accelerate market expansion in developing countries.
Key Features of the Study
Fitness equipment includes treadmills, weightlifting machines, and stationary bikes. These are used in home, gym, fitness the club, hotels, and corporate offices. This equipment helps in weight management, boost stamina, and remove excessive fat. Fitness equipment can be classified into cardiovascular training and weight training and are widely available in online and offline stores. The health club is the largest consumers of fitness equipment but these equipment are also gaining huge demand from the homecare sector due to the rising number of people adopting a healthy lifestyle and aspire to have a good personality.
Market Dynamics
The key drivers fueling the market growth include growing health consciousness, expanding gyms and health clubs, thereby improving economic conditions, and increasing lifestyle diseases. However, high initial costs of advanced equipment and availability of cheaper alternatives are major challenges. On the positive side, growing prevalence of online training programs and videos is expanding the reach of home fitness solutions. Moreover, emerging economies present significant potential due to improving purchasing power and large untapped customer base in these regions. If manufacturers focus on developing low-cost, multifunctional devices, it can further accelerate market expansion in developing countries.
Key Features of the Study
- This report provides in-depth analysis of the market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include, Brunswick Corp, Technogym SpA, Nautilus, Inc, Amer Sports Oyj, Health & Fitness, Inc., TRUE Fitness Technology, Inc., SportsArt Fitness, Inc., Iron Grip Barbell Company, The Kurt J. Lesker Company, and Adidas AG.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global fitness equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.
- By Equipment Type
- Cardiovascular Training Equipment
- Weight Training Machine
- Weight Lifting Machine
- By End User
- Fitness Centers/Gyms
- Home/ Individual
- Others
- By Distribution Channel
- Offline
- Online
- By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Top Companies in This Market
- Brunswick Corp
- Technogym SpA,
- Nautilus, Inc
- Amer Sports Oyj,
- Health & Fitness, Inc.
- TRUE Fitness Technology, Inc.
- SportsArt Fitness, Inc.,
- Iron Grip Barbell Company
- The Kurt J. Lesker Company
- Adidas AG
Table of Contents
120 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Equipment Type
- Market Snippet, By End User
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Growing health awareness
- Growing obese and overweight population
- Growing health club memberships
- Restraints
- High setup cost of commercial gyms
- Lack of user knowledge about equipment functionality
- Opportunities
- Increasing number of fitness centers and fitness centers/gyms
- Emergence of online fitness training platforms
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Global Fitness Equipment Market, By Equipment Type, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, 2032(%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Cardiovascular Training Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- Weight Training Machine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- Weight Lifting Machine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- 5. Global Fitness Equipment Market, By End User, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, 2032(%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Fitness Centers/Gyms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- Home/ Individual
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- 6. Global Fitness Equipment Market, By Distribution Channel, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (US$ Bn)
- 7. Global Fitness Equipment Market, By Region, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2025, 2028 and 2032(%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2021-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Sub-region, 2021-2032, (US$ Bn)
- Middle East
- Africa
- 8. Competitive Landscape
- Company Profile
- Brunswick Corp.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Technogym SpA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Nautilus, Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Amer Sports Oyj
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Health & Fitness, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- TRUE Fitness Technology, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- SportsArt Fitness, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Iron Grip Barbell Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- The Kurt J. Lesker Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Adidas AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analysts’ Views
- 9. Section
- References
- Research Methodology
- About us
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
