Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,400 Million | USD 2,400 Million | 5.8% | 2024 |
FrequentlyAsked Questions
Fitness equipment that has been refurbished offers customers nearly new features and functions for about half the cost. To give them a new look, these machines are painted or coated, and their worn-out parts are replaced with authorized new ones.
The refurbished fitness equipment market is driven by several factors such as its cost-effective nature, sustainability, environmental concerns, growing demand in emerging markets, advancements in technology, expansion in home gyms, and many others.
According to the report, the global refurbished fitness equipment market size was worth around USD 1,400 million in 2024 and is predicted to grow to around USD 2,400 million by 2034.
The global refurbished fitness equipment market is expected to grow at a CAGR of 5.8% during the forecast period.
The global refurbished fitness equipment market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of major players and the high disposable income.
The global refurbished fitness equipment market is dominated by players like GLOBAL FITNESS, INC., Myhomefitness.ie, Grays Fitness, Primo Fitness, Gym Experts, Best Used Gym Equipment, FITLINE INDIA PVT. LTD, F1 RECREATION, Gymkit UK, Rebirth Fitness, Johnson Health Tech. Co, Ltd., Origin Fitness Ltd., USA Fitness Equipment Depot, THINK Fitness Co., Ltd., AME Fit Equipment, Fitness Superstore, Inc., Pro Gym Supply, Inc., UK Gym Equipment Ltd., Brunswick Corporation, and FitKit UK Ltd, among others.
The refurbished fitness equipment market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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