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Global Home Fitness Equipment Market Report: Size, Share, Growth, Trends, Demand, Insights And Forecast Up To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Home Fitness Equipment Market Size, Growth Rate, And Forecast
The global home fitness equipment market size is expected to grow from $15.13 billion in 2022 to $16.55 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global home fitness equipment market size is expected to grow to $24.28 billion in 2027 at a CAGR of 10.1%.
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Home Fitness Equipment Market Drivers
Precautionary healthcare coupled with an increasing preference for customized workout regimes has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases.
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Home Fitness Equipment Market Segments
1) By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Other Products
2) By Applications: Home, Small Gyms, Offices, Other Applications
3) By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Home Fitness Equipment Market.
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Home Fitness Equipment Market Key Players
Major competitors in the Home Fitness Equipment Market include Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems, Amer Sports, Icon Health And Fitness, Torque Fitness LLC., Impulse (Qingdao) Health Tech Co. Ltd., Brunswick Corporation and Paramount
The Business Research Company's "Global Home Fitness Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Home Fitness Equipment Market Include:
1. Executive Summary
2. Home Fitness Equipment Market Characteristics
3. Home Fitness Equipment Market Trends And Strategies
4. Home Fitness Equipment Market - Macro Economic Scenario
5. Home Fitness Equipment Market Size And Growth
.......
26. Africa Home Fitness Equipment Market
27. Home Fitness Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Fitness Equipment Market
29. Home Fitness Equipment Market Future Outlook and Potential Analysis
30. Appendix
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