Home Fitness Equipment Market Report 2023: Market Size, Share Analysis, Growth And Forecast To 2032 | Cybex, Nautilus, Precor, Technogym, Fitnessathome

As per The Business Research Company's Home Fitness Equipment Opportunities And Strategies Market Report 2023, 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 market size of global home fitness equipment is expected to grow to $24.28 billion in 2027 at a CAGR of 10.1%.

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. According to the Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market.

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Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios. They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world's first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting. Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment.

Home Fitness Equipment Market Segmentation:
The home fitness equipment market is segmented by product , by applications and by distribution channel .

By Product -
a) Treadmills
b) Elliptical Machines
c) Rowing Machines
d) Strength Training Equipment
e) Other Products

By Applications -
a) Home
b) Small Gyms
c) Offices
d) Other Applications

By Distribution Channel -
a) Offline Retail Stores
b) Online Retail Stores
c) Direct Selling

Major players in the home fitness equipment market include Cybex, Nautilus, Precor, Technogym, Fitnessathome.

The regions covered in the global home fitness equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Home Fitness Equipment Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Home Fitness Equipment Market Report Table Of Content
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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