Home Fitness Equipment Market Trends, Insights, Statistics, Opportunity and Forecast 2022-20

According to IMARC Group's latest report, titled "Home Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global home fitness equipment market is expected to exhibit a CAGR of 2.9% during 2022-2027. Looking forward, IMARC Group expects the global home fitness equipment market to continue its robust growth during the forecast period (2022-2027).

Home fitness equipment are the devices used for monitoring physical exercises at home. These tools assist in weight management, improving stamina, and developing muscular strength. Few commonly used home fitness equipment include cardiovascular training equipment, such as treadmills, ellipticals, stationary bikes, and strength training equipment, such as free weight and plate loaded machines.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Home Fitness Equipment Market Trends:

The high prevalence of several lifestyle diseases, such as atherosclerosis, cardiovascular ailments, obesity, diabetes, etc., is primarily driving the market for home fitness equipment. Moreover, hectic work schedules of the consumers, along with the wide availability of home fitness equipment across both offline and online distribution channels, are further propelling the market growth. Additionally, several equipment manufacturers are increasingly investing in extensive R&D activities for the launch of advanced and user-friendly home fitness equipment. Furthermore, the advent of smart wearable devices, along with the rising compatibility of fitness equipment with several fitness tracking apps, is further expected to drive the market growth.

Home Fitness Equipment Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global home fitness equipment market has also been examined along with the profiles of the key players.

Some of these key players include:

adidas AG
Amer Sports Corporation
Brunswick Corporation
PureGym
Hoist Fitness Systems Inc.
Icon Health & Fitness Inc.
Johnson Health Tech. Co. Ltd.
Technogym
True Fitness Technology Inc.
Vectra Fitness Inc.

Key Market Segmentation:

The report has segmented the home fitness equipment market based on product type, distribution channel and region.

Breakup by Product Type:

Cardiovascular Training Equipment
Air Bike
Elliptical Machines
Punching Bag
Rowing Machine
Treadmill
Others

Strength Training Equipment
Ab Wheel
Adjustable Dumbbells
Adjustable Kettlebell
Medicine Ball
Mini Resistance Bands
Pull Up Bars
Weight-Lifting Bench
Others

Accessories
Foam Roller
Weighted Jump Rope
Others

Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others

Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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