Fitness Equipment Market Size, Share, Growth Report 2030

Fitness Equipment Market

Fitness Equipment Market- By Equipment Type (Cardio-Respiratory Equipment, Muscular Equipment, Flexibility Equipment, and Body Fatness Equipment) and By End-User (Hospital, Gym Centers/Health Clubs, and Homecare): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028

Category: Medical Device Report Format : PDF Pages: 177 Report Code: ZMR-578 Published Date: Mar-2022 Status : Published

The global Fitness Equipment Market accrued earnings worth approximately 13(USD Billion) in 2021 and is predicted to gain revenue of about 17 (USD Billion) by 2028, is set to record a CAGR of nearly 4% over the period from 2022 to 2028. Fitness Equipment Industry share By Equipment Type, End-User, Region

Fitness Equipment Market Size

The global Fitness Equipment Market accrued earnings worth approximately 13(USD Billion) in 2021 and is predicted to gain revenue of about 17 (USD Billion) by 2028, is set to record a CAGR of nearly 4% over the period from 2022 to 2028. The study provides assessment and analysis of the Fitness Equipment Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue

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Fitness Equipment Market: Overview

Fitness equipment consists of all machinery and physical activity monitoring equipment that is required for perfect exercises. In addition to this, requirement of fitness device has increased humungously owing to surge in health consciousness. Most predominately used fitness equipment is weight lifting equipment, treadmills, bicycle, weight training instruments, and strength-building equipment.  

Fitness Equipment Market: Growth Drivers

Rise in number of fitness centers and surge in gym memberships owing to health & fitness awareness among adult as well as millennial population will drive market growth. In addition to this, a prominent increase in obese populace and inflation in disposable income will proliferate expansion of fitness equipment industry in ensuing years.  Massive demand for high-quality fitness instruments for home installation will prompt rise in size of fitness equipment market in ensuing years. With COVID- 19 pandemic outbreak, working professionals prefer doing physical exercises at home and as per their convenience. This has led to huge sales of fitness equipment, thereby leading to a massive increment in the earnings of the fitness equipment market.

Furthermore, customers are deriving benefits of online fitness equipment through personalized training with help of digital workout or gym sessions. Supportive government programs and favorable schemes promoting health awareness among citizens have increased fitness units and health club establishments across the globe, thereby promoting market surge. Growing personality development and body-building trends among youths has enhanced gym subscription and also resulted into use of tread mills and spin bikes along with various kinds of cardiovascular equipment.  

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Fitness Equipment Market: Regional Insights

Latin America To Dominate Growth Of Fitness Equipment Market Over 2022-2028

Expansion of fitness equipment industry in Latin America over assessment period is due to rise in number of health & fitness clubs in countries such as Brazil, Ecuador, and Argentina. With more persons in region becoming health consciousness, the regional market is predicted to gain traction in years ahead.

Fitness Equipment Market: Competitive Insights

Key players influencing growth of fitness equipment industry and profiled in report are Brunswick Corporation, Nautilus Strength, Precor incorporated, Johnson Health Tech. Co., Ltd., Technogym, Amer Sports Oyji, Icon Health & Fitness, and Cybex International Inc.

Report Scope:

Report Attributes Report Details
Report Name Fitness Equipment Market Size Report
Market Size in 2021 13(USD Billion)
Market Forecast in 2028 17 (USD Billion)
Compound Annual Growth Rate CAGR of 4%
Number of Pages 177
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Brunswick Corporation, Nautilus Strength, Precor incorporated, Johnson Health Tech. Co., Ltd., Technogym, Amer Sports Oyji, Icon Health & Fitness, and Cybex International
Segments Covered By Type,By end-user, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The global Fitness Equipment Market is segmented as follows:

By Equipment Type

  • Cardio-Respiratory Equipment
  • Muscular Equipment
  • Flexibility Equipment
  • Body Fatness Equipment

By End-User

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Rise in number of fitness units and increase in gym subscriptions due to health & fitness awareness among adult & millennial population will drive market trends.   

According to Zion market research report, The global Fitness Equipment Market accrued earnings worth approximately 13(USD Billion) in 2021 and is predicted to gain revenue of about 17 (USD Billion) by 2028, is set to record a CAGR of nearly 4% over the period from 2022 to 2028.

Latin America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to rise in number of health & fitness clubs in countries such as Brazil, Ecuador, and Argentina.  

The key market participants include Brunswick Corporation, Nautilus Strength, Precor incorporated, Johnson Health Tech. Co., Ltd., Technogym, Amer Sports Oyji, Icon Health & Fitness, and Cybex International Inc.

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