Fitness Equipment Market is anticipated to generate roughly US$ 15.56 billion in sales between 2022 and 2029 growing at a rate of 3.32 percent

Fitness Equipment Market Overview

Maximize Market Research, a global market intelligence firm has published a new report including the growth drivers, major restraints, upcoming challenges, and prevailing opportunities in the global Fitness Equipment Market, along with a list of key players and their business strategies.

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Fitness Equipment Market Report Scope and Research Methodology

The Fitness Equipment Market dynamics are thoroughly studied and explained in the report, providing the reader with insights into emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional levels. The report also provides the reader with an in-depth analysis of the key players in each region with their business strategies.

Maximize Market Research collected the data through primary research surveys from product dealers, suppliers, international market supplies, dealers, and a dedicated team of subject matter experts who meticulously track and analyze the Fitness Equipment Market industry. A bottom-up approach was used to estimate the global and regional Fitness Equipment Market size. The report also includes a list of several ongoing development projects from various industries, as well as information on key projects that are in the development stage and may have a positive or negative impact on the global Fitness Equipment Market.

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Fitness Equipment Market Regional Analysis

The report includes a detailed analysis of several key countries including Fitness Equipment Market size, CAGR, drivers, restraints, opportunities, challenges and a detailed analysis of key players. The regions and the countries covered in the report are:

North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
South America (Brazil, Argentina, Rest of South America)
The Middle East and Africa (South Africa, GCC and Rest of MEA)
Fitness Equipment Market Segmentation

by Type

Cardiovascular Training Equipment
Treadmill
Elliptical
Stationary Bike
Rowing Machine
Others
Strength Training Equipment
Other Equipment

The global fitness equipment market is divided into three segments: strength training equipment, cardiovascular training equipment, and other equipment based on product type. With its higher penetration in developed areas like the U.S. and Europe, the Cardiovascular Training Equipment category is predicted to grow at the highest CAGR of 3.42% in the worldwide fitness equipment market during the forecast period. In 2022, this segment held the greatest market share. Growing health consciousness, rising disposable income, and rising obesity rates are all contributing factors to the expectation that emerging economies, including those in Asia-Pacific and LAMEA, will grow at faster rates than more established areas.

by End-User

Home Consumer
Health Club/Gym
Other Commercial User
Hotel
Corporate Office
Hospitals & Medical Center
Public Institution

The home consumer, health club/gym, and other commercial user segments of the worldwide fitness equipment market are split based on End-User. With a sales of USD 5.59 billion in 2022, the Health Club/Gym category held the biggest market share. Health clubs' need for fitness equipment is being driven by the expanding number of community clubs, gyms, and fitness boutiques in nations like China, Japan, and the United States. In contrast, with a sales of USD 3.08 billion in 2022, the residential consumer segment retained the second-largest market share. because consumers' interest in regular fitness and exercise activities has increased. The increasing prevalence of obesity and cardiovascular disease has drawn more attention from consumers to maintaining a healthy lifestyle and getting regular exercise.

by Distribution Channel

Retail Stores
Specialty and Sports Shops
Department and Discount Stores
Online and Others

by Gender

Male
Female

by Usage

Residential
Commercial

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Fitness Equipment Market Key Players

1. ICON Health & Fitness, Inc.
2. Brunswick Corporation
3. Johnson Health Tech Co. Ltd.
4. TechnogymS.p.A.
5. Amer Sports Corporation
6. Nautilus, Inc.
7. Core Health and Fitness, LLC
8. TRUE Fitness Technology, Inc.
9. Impulse (Qingdao) Health Tech Co. Ltd.
10. Torque Fitness, LLC.
11. Star Trac Health and Fitness Inc.
12. Body-Solid Inc.
13. Yowza fitness
14. Precor Incorporated
15. Paramount Fitness Corp.
16 NordikTrack Inc.
17. Cybex International Inc.
18. Body by Jake Global LLC
19. Nautilus Inc.
20. Fitness EM
21. Motus
22. Technogym
23. Seca GmbH
24. Omron Healthcare, Inc.

Key Questions answered in the Fitness Equipment Market Report are:

What was the Fitness Equipment Market size in 2023?
What is the expected Fitness Equipment Market size in 2029?
How the major segments of the global Fitness Equipment Market are expected to develop during the forecast period?
Who are the top suppliers and producers in the Fitness Equipment Market?
What is the expected Fitness Equipment Market size by the end of the forecast period?
Which regional market held the largest Fitness Equipment Market share in 2023?
Who are the key players in the Fitness Equipment Market?
What are the Fitness Equipment Market segments?
Which Fitness Equipment Market segment is expected to grow at a high rate during the forecast period?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Application, Technology, Type, End-User and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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