
Fitness Equipment Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)
Description
The global fitness equipment market size reached nearly USD 12.58 Billion in 2024. The market is projected to grow at a CAGR of 4.00% between 2025 and 2034 to reach a value of around USD 18.62 Billion by 2034.
Key Trends in the Market
Fitness equipment or exercise equipment refers to equipment which is used for exercising. Fitness equipment is widely used by athletes and fitness enthusiasts to improve the strength and increase the stability and balance of the body.
"Global Fitness Equipment Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Breakup by End-User
The home consumer/residential sector accounts for a significant portion of the fitness equipment market share. At-home fitness has gained substantial popularity since the COVID-19 pandemic due to its greater convenience, better privacy, and enhanced hygiene.
Additionally, the growing awareness regarding the benefits of exercising, the influx of virtual online sessions, and the growing popularity of on-demand workouts are likely to bolster the usage of fitness equipment in the residential sector.
Market Share by Region
As per the fitness equipment market analysis, the Asia Pacific registered a healthy growth due to the increased focus on holistic wellbeing in the region. The growing popularity of different physical activities like Zumba, HIIT, Pilates, and yoga , among others, are boosting the requirement for specialised fitness equipment.
The rapid development of gyms across several parts of the region is also driving sales of fitness equipment. Besides, the robust growth of the tourism sector and the increasing number of tourists seeking to stay fit during vacations are expected to further bolster the fitness equipment market growth in the region in the coming years.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global fitness equipment market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Core Health & Fitness, LLC
Core Health & Fitness, LLC is a fitness equipment company that manufactures and sells innovative fitness solutions related to cardio, cycling, strength, indoor workout, impacts sports, and various exercises.
iFIT Inc.
iFIT Inc . is a leading health and fitness technology company which offers health and fitness platforms and different types of equipment. The company also provides hardware and software services that can support various fitness modalities.
Impulse (QingDao) Health Tech CO., LTD
Impulse (QingDao) Health Tech CO., LTD is a renowned fitness equipment company which is committed to developing and providing competitive fitness products, services, and sales support. The product portfolio of the company includes treadmills, upright bikes, and elliptical machines, among others.
Other fitness equipment market players include Johnson Health Tech. Co., Ltd., Nautilus, Inc., Peloton Interactive, Inc., TECHNOGYM S.p.A, Torque Fitness, TRUE Fitness Technology, Inc., and The Treadmill Factory, among others.
Key Trends in the Market
Fitness equipment or exercise equipment refers to equipment which is used for exercising. Fitness equipment is widely used by athletes and fitness enthusiasts to improve the strength and increase the stability and balance of the body.
- The increasing inclination towards health and wellness and the rising focus on weight management is leading to a heightened demand for fitness equipment.
- Various research activities have indicated the benefits of physical activities for improving mental health and increasing levels of serotonin, dopamine, and norepinephrine in the brain. Hence, growing incidences of mental health issues such as anxiety, ADHD, and depression, among others, are likely to boost the inclination towards fitness, supporting the fitness equipment market demand in the coming years.
- Advancements in fitness technologies are likely to drive the development of fitness equipment that can track exercises and movements, offer recommendations, and provide training programmes. Moreover, rising demand for smart wearables that can collect and provide information about heart rate, water intake, and blood pressure, among others, is one of the crucial fitness equipment market trends.
- The thriving e-commerce sector is boosting the accessibility to diverse fitness equipment at attractive discounts, further fuelling sales of fitness equipment such as dumbbells, indoor cycles, yoga mats, and ab rollers, among others.
"Global Fitness Equipment Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Breakup by End-User
- Health Clubs/Gyms
- Hospitality and Leisure
- Corporates
- Educational Institutes
- Home Consumer/Residential
- Outdoor Parks and Public Places
- Premium/Luxury
- Mass
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The home consumer/residential sector accounts for a significant portion of the fitness equipment market share. At-home fitness has gained substantial popularity since the COVID-19 pandemic due to its greater convenience, better privacy, and enhanced hygiene.
Additionally, the growing awareness regarding the benefits of exercising, the influx of virtual online sessions, and the growing popularity of on-demand workouts are likely to bolster the usage of fitness equipment in the residential sector.
Market Share by Region
As per the fitness equipment market analysis, the Asia Pacific registered a healthy growth due to the increased focus on holistic wellbeing in the region. The growing popularity of different physical activities like Zumba, HIIT, Pilates, and yoga , among others, are boosting the requirement for specialised fitness equipment.
The rapid development of gyms across several parts of the region is also driving sales of fitness equipment. Besides, the robust growth of the tourism sector and the increasing number of tourists seeking to stay fit during vacations are expected to further bolster the fitness equipment market growth in the region in the coming years.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global fitness equipment market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Core Health & Fitness, LLC
Core Health & Fitness, LLC is a fitness equipment company that manufactures and sells innovative fitness solutions related to cardio, cycling, strength, indoor workout, impacts sports, and various exercises.
iFIT Inc.
iFIT Inc . is a leading health and fitness technology company which offers health and fitness platforms and different types of equipment. The company also provides hardware and software services that can support various fitness modalities.
Impulse (QingDao) Health Tech CO., LTD
Impulse (QingDao) Health Tech CO., LTD is a renowned fitness equipment company which is committed to developing and providing competitive fitness products, services, and sales support. The product portfolio of the company includes treadmills, upright bikes, and elliptical machines, among others.
Other fitness equipment market players include Johnson Health Tech. Co., Ltd., Nautilus, Inc., Peloton Interactive, Inc., TECHNOGYM S.p.A, Torque Fitness, TRUE Fitness Technology, Inc., and The Treadmill Factory, among others.
Table of Contents
179 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Fitness Equipment Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Fitness Equipment Historical Market (2018-2024)
- 5.3 Global Fitness Equipment Market Forecast (2025-2034)
- 5.4 Global Fitness Equipment Market by End-User
- 5.4.1 Health Clubs/Gyms
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Hospitality and Leisure
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Corporates
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.4 Educational Institutes
- 5.4.4.1 Historical Trend (2018-2024)
- 5.4.4.2 Forecast Trend (2025-2034)
- 5.4.5 Home Consumer/Residential
- 5.4.5.1 Historical Trend (2018-2024)
- 5.4.5.2 Forecast Trend (2025-2034)
- 5.4.6 Outdoor Parks and Public Places
- 5.4.6.1 Historical Trend (2018-2024)
- 5.4.6.2 Forecast Trend (2025-2034)
- 5.5 Global Fitness Equipment Market by Price Point
- 5.5.1 Premium/Luxury
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Mass
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Others
- 5.6 Global Fitness Equipment Market by Region
- 5.6.1 North America
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Europe
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Asia Pacific
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Latin America
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Middle East and Africa
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 6 North America Fitness Equipment Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Fitness Equipment Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Fitness Equipment Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Fitness Equipment Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Fitness Equipment Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Core Health & Fitness, LLC
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 iFIT Inc.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Impulse (QingDao) Health Tech CO., LTD
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Johnson Health Tech. Co., Ltd.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Nautilus, Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Peloton Interactive, Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 TECHNOGYM S.p.A
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Torque Fitness
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 TRUE Fitness Technology, Inc.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 The Treadmill Factory
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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.