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Driving Fitness Equipment Market Growth in 2025: The Role of Rising Obesity Rates Fuel Fitness Equipment Market Growth
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Fitness Equipment Market Size Growth Forecast: What to Expect by 2025?
The market size of fitness equipment has experienced consistent growth over the past few years. An increase from $14.43 billion in 2024 to $15 billion in 2025 is predicted, resulting in a compound annual growth rate (CAGR) of 4.0%. Factors such as economic growth and disposable income, heightened access, fitness trends and fashion, the aging demographic, health consciousness, and the evolution of the commercial gym industry have contributed significantly to this historic period of growth.
How Will the Fitness Equipment Market Size Evolve and Grow by 2029?
The market size of fitness equipment is predicted to witness a robust increase in the coming years and by 2029, it is anticipated to reach $18.5 billion, with a Compound Annual Growth Rate (CAGR) of 5.4%. This growth during the forecasted period can be credited to health and wellness trends, virtual fitness platforms, an emphasis on personalized training, sustainability, and environmentally friendly equipment, as well as the integration with health monitoring. Some of the key trends that are expected to shape the fitness industry in the forecasted period include the rise of smart and interconnected gym equipment, home fitness innovations, virtual training experiences, greater emphasis on health tracking, and the promotion of ecological balance through sustainable designs.
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What Drivers Are Propelling the Growth of Fitness Equipment Market Forward?
The surge in obesity rates is anticipated to propel the expansion of the fitness equipment market. Obesity, a health disorder that heightens the likelihood of various illnesses such as heart disease, diabetes, hypertension, and numerous cancers, fuels this growth. By offering aerobic workouts, fitness equipment increases heart rate, accelerates metabolism, and aids in burning calories to decrease weight. A report in March 2022 by the World Health Organization, a specialized agency of the United Nations based in Switzerland, disclosed that globally, obesity affects 650 million adults, 340 million teenagers, and 39 million children. By 2025, the WHO projects that about 167 million adults and children who are overweight or obese might suffer from health issues. As a result, the escalating rates of obesity are powering the progression of the fitness equipment market.
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Which Emerging Trends Are Transforming the Fitness Equipment Market in 2025?
The rise of product innovation is a crucial trend in the fitness equipment market that is being widely embraced. It is being pursued by the industry's leading companies to fortify their market stance through the development of inventive products. For example, in September 2022, Nautilus Inc., a renowned fitness equipment manufacturer from the U.S., unveiled the Bowflex BXT8J treadmill. This new product features the JRNY adaptive fitness app, SoftDrop folding system, transport wheels, and a high-resolution DualTrack LCD display with 26 pre-installed workout programs.
What Are the Key Segments in the Fitness Equipment Market?
The fitness equipment market covered in this report is segmented -
1) By Type: Cardiovascular Training Equipment, Strength Training Equipment, Other Equipment
2) By Buyer Type: Individual, Institution, Other Buyer Types
3) By Gender: Male, Female
4) By Application: Weight Loss, Body Building, Physical Fitness, Mental Fitness, Other Applications
5) By End User: Health Clubs Or Gyms, Home Consumer, Hotels, Corporates, Hospital And Medical Centers, Public Institutions
Subsegments:
1) By Cardiovascular Training Equipment: Treadmills, Ellipticals, Stationary Bikes, Rowing Machines
2) By Strength Training Equipment: Free Weights, Weight Machines, Resistance Bands, Kettlebells
3) By Other Equipment: Flexibility Equipment, Balance Equipment, Functional Training Equipment
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Who Are the Key Players Shaping the Fitness Equipment Market's Competitive Landscape?
Major companies operating in the fitness equipment market include Core Health & Fitness LLC, Impulse Health Tech Co. Ltd., Nautilus Inc., Johnson Health Tech. Co. Ltd., Technogym S.p.A, True Fitness Technology Inc., Icon Health & Fitness Inc., Peloton Interactive Inc., Torque Fitness LLC, iFIT.com, Rogue Fitness, Jerai Fitness Private Limited, Cosco Sports Equipment, Shuhua Sports Co. Ltd., Body-Solid Inc., Shandong Aoxinde Fitness Equipment Co. Ltd., BFT Fitness, Shanghai Define Health Tech Co. Ltd., Realleader Fitness Co. Ltd., Amer Sports Corporation, Dyaco International Inc., Decathlon Group, NordicTrack, Matrix Fitness, Horizon Fitness, Synca Wellness, Tempo Fitness, Yanre Fitness, Origin Fitness
What Geographic Markets Are Powering Growth in the Fitness Equipment Market?
North America was the largest region in the fitness equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the fitness equipment market report during the forecast period. The regions covered in the fitness equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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