Fitness Equipment Market: By Product Type (Strength Training Equipment, Cardiovascular Training Equipment, Body Composition Analyzers, Fitness Monitoring Equipment and Others), By Application (Weight Loss, Body Building, Physical Fitness, Mental Fitness and Others), By Type (Outdoor and Indoor), By Distribution Channel (Retail Stores, Specialty and Sports Shops, Department and Discount Stores, Online and Others), By End User (Health Clubs/Gyms, Home Consumer, Hotels, Corporates, Hospital and Medical Centers, Public Institutions and Others), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032

September 2023 | 373 pages | ID: F5AAFA3F4E9CEN
Fatpos Global

Abstracts

Fitness Equipment Market: By Product Type (Strength Training Equipment, Cardiovascular Training Equipment, Body Composition Analyzers, Fitness Monitoring Equipment and Others), By Application (Weight Loss, Body Building, Physical Fitness, Mental Fitness and Others), By Type (Outdoor and Indoor), By Distribution Channel (Retail Stores, Specialty and Sports Shops, Department and Discount Stores, Online and Others), By End User (Health Clubs/Gyms, Home Consumer, Hotels, Corporates, Hospital and Medical Centers, Public Institutions and Others), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts T%li%%li%2032

PRODUCT OVERVIEW

The Global Fitness Equipment Market was valued at 12.69 billion USD in 2021 and is expected t%li%%li%reach 16.3 billion USD by 2032

Fitness equipment refers t%li%%li%the equipment used for maintaining fitness and is used during physical exercising activities. This equipment enhance the strength by improving physical fitness. Fitness equipment generally includes weights, treadmills, rowing machines, weight machines, elliptical cross trainer, stationary bikes etc. Fitness equipment assists in increasing the strength and endurance of a person as they manage weight and improve flexibility. The machinery helps in escalating the personality and appearance. These devices are generally used in gyms, fitness centers, in home for personal use and in corporate offices.

MARKET HIGHLIGHTS

The Global Fitness Equipment Market was valued at 12.69 billion USD in 2021 and is expected t%li%%li%reach 16.3 billion USD by 2032, increasing at a CAGR of 2.3% during the forecast period, 2022-2032 owing t%li%%li%the increased awareness towards health and fitness maintenance which boost the growth of Fitness equipment market. Rising urbanization is leading t%li%%li%the popularity of obesity and occurrence of chronic diseases due t%li%%li%maintenance of unhealthy lifestyles which is leading t%li%%li%the growth of global fitness industries.

Global Fitness Equipment Market Segments:

• By Product Type
• Strength Training Equipment
• Cardiovascular Training Equipment
• Body Composition Analyzers
• Fitness Monitoring Equipment
• Others
• By Application
• Weight Loss
• Body Building
• Physical Fitness
• Mental Fitness
• Others
• By Type
• Outdoor
• Indoor
• By Distribution Channel
• Retail Stores
• Specialty and Sports Shops
• Department and Discount Stores
• Online
• Others
• By End User
• Health Clubs/Gyms
• Home Consumer
• Hotels
• Corporates
• Hospital and Medical Centers
• Public Institutions
• Others

MARKET DYNAMICS

Growth Drivers

Increasing Health Consciousness Is Driving the Market Growth

Growing Desire Towards Digital Technology Is Aiding the Market Growth

Restraint

High Cost of Fitness Equipment May Hamper Market Growth

Key Players

• Torque Fitness
• Nautilus, Inc.
• TECHNOGYM S.p.A
• Johnson Health Tech
• TRUE FITNESS TECHNOLOGY, INC.
• Impulse (QingDao) Health Tech CO., LTD
• Body-Solid Inc.
• Life Fitness
• Fitness World
• Core Health & Fitness
• iFIT
• Shandong Aoxinde Fitness Equipment Co., Ltd.
• Precor Incorporated
• Afton
• REALLEADER FITNESS CO., LTD
• Other Prominent Players

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons t%li%%li%Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected t%li%%li%witness the fastest growth as well as t%li%%li%dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect t%li%%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight int%li%%li%the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years t%li%%li%come
• 3-month post-sales analyst support.

Contents

1. EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3.Global Fitness Equipment Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1. Market Definition
3.2.Global Fitness Equipment Market: COVID-19 Impact
3.3.Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4. GLOBAL FITNESS EQUIPMENT MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4.Market Restraints
7.5.Market Trends

8. RISK ANALYSIS

9. MARKET ANALYSIS

9.1. Porters Five Forces
9.2.PEST Analysis
  9.2.1. Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4.Technological

10. GLOBAL FITNESS EQUIPMENT MARKET

10.1. Overview
10.2.Historical Analysis (2016-2021)
  10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast

11. GLOBAL FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1. By Product Type
    11.3.1.1.Strength Training Equipment
      11.3.1.1.1.By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2. Cardiovascular Training Equipment
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3. Body Composition Analyzers
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.4. Fitness Monitoring Equipment
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2. Market Share (%) 2022-2032F
      11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.5. Others
      11.3.1.5.1. By Value (USD Million) 2022-2032F
      11.3.1.5.2. Market Share (%) 2022-2032F
      11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Application
    11.3.2.1. Weight Loss
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2.Body Building
      11.3.2.2.1.By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3.Physical Fitness
      11.3.2.3.1.By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.4.Mental Fitness
      11.3.2.4.1. By Value (USD Million) 2022-2032F
      11.3.2.4.2. Market Share (%) 2022-2032F
      11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.5.Others
      11.3.2.5.1. By Value (USD Million) 2022-2032F
      11.3.2.5.2. Market Share (%) 2022-2032F
      11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3. By Type
    11.3.3.1. Outdoor
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2.Indoor
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2.Market Share (%) 2022-2032F
      11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
  11.3.4.By Distribution Channel
    11.3.4.1. Retail Stores
      11.3.4.1.1. By Value (USD Million) 2022-2032F
      11.3.4.1.2. Market Share (%) 2022-2032F
      11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.2.Specialty and Sports Shops
      11.3.4.2.1. By Value (USD Million) 2022-2032F
      11.3.4.2.2.Market Share (%) 2022-2032F
      11.3.4.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.4.3. Department and Discount Stores
      11.3.4.3.1. By Value (USD Million) 2022-2032F
      11.3.4.3.2.Market Share (%) 2022-2032F
      11.3.4.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.4.4. Online
      11.3.4.4.1. By Value (USD Million) 2022-2032F
      11.3.4.4.2. Market Share (%) 2022-2032F
      11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.5. Others
      11.3.4.5.1. By Value (USD Million) 2022-2032F
      11.3.4.5.2. Market Share (%) 2022-2032F
      11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.5. By End User
    11.3.5.1. Health Clubs/Gyms
      11.3.5.1.1. By Value (USD Million) 2022-2032F
      11.3.5.1.2. Market Share (%) 2022-2032F
      11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.2.Home Consumer
      11.3.5.2.1. By Value (USD Million) 2022-2032F
      11.3.5.2.2.Market Share (%) 2022-2032F
      11.3.5.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.5.3.Hotels
      11.3.5.3.1. By Value (USD Million) 2022-2032F
      11.3.5.3.2.Market Share (%) 2022-2032F
      11.3.5.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.5.4. Corporates
      11.3.5.4.1. By Value (USD Million) 2022-2032F
      11.3.5.4.2. Market Share (%) 2022-2032F
      11.3.5.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.5. Hospital and Medical Centers
      11.3.5.5.1. By Value (USD Million) 2022-2032F
      11.3.5.5.2. Market Share (%) 2022-2032F
      11.3.5.5.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.6. Public Institutions
      11.3.5.6.1. By Value (USD Million) 2022-2032F
      11.3.5.6.2. Market Share (%) 2022-2032F
      11.3.5.6.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.7.Others
      11.3.5.7.1. By Value (USD Million) 2022-2032F
      11.3.5.7.2.Market Share (%) 2022-2032F
      11.3.5.7.3.Y-o-Y Growth (%) 2022-2032F

12.NORTH AMERICA FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

12.1.Overview
12.2.Key Findings
12.3.Market Segmentation
  12.3.1. By Product Type
  12.3.2.By Application
  12.3.3.By Type
  12.3.4. By Distribution Channel
  12.3.5. By End User
12.4.Country
  12.4.1. United States
  12.4.2. Canada

13. EUROPE FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2.Key Findings
13.3.Market Segmentation
  13.3.1. By Product Type
  13.3.2.By Application
  13.3.3. By Type
  13.3.4. By Distribution Channel
  13.3.5. By End User
13.4.Country
  13.4.1. Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4.Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14. ASIA FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2.Key Findings
14.3.Market Segmentation
  14.3.1.By Product Type
  14.3.2. By Application
  14.3.3. By Type
  14.3.4. By Distribution Channel
  14.3.5. By End User
14.4. By Country
  14.4.1. India
  14.4.2. China
  14.4.3.South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15. MIDDLE EAST AND AFRICA FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

15.1. Overview
15.2.Key Findings
15.3.Market Segmentation
  15.3.1. By Product Type
  15.3.2. By Application
  15.3.3. By Type
  15.3.4. By Distribution Channel
  15.3.5. By End User
15.4.Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5.Rest of Middle East and Africa

16. LATIN AMERICA FITNESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

16.1. Overview
16.2.Key Findings
16.3.Market Segmentation
  16.3.1. By Product Type
  16.3.2.By Application
  16.3.3. By Type
  16.3.4. By Distribution Channel
  16.3.5. By End User
16.4.Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17.COMPETITIVE LANDSCAPE

17.1.Company market share, 2021
17.2.Key player overview
17.3.Key stakeholders

18. COMPANY PROFILES

18.1. Torque Fitness
  18.1.1.Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2.Nautilus, Inc.
18.3.TECHNOGYM S.p.A
18.4.Johnson Health Tech
18.5.TRUE FITNESS TECHNOLOGY, INC.
18.6.Impulse (QingDao) Health Tech CO., LTD
18.7.Body-Solid Inc.
18.8.Life Fitness
18.9.Fitness World
18.10.Core Health & Fitness
18.11. iFIT
18.12.Shandong Aoxinde Fitness Equipment Co., Ltd.
18.13.Precor Incorporated
18.14.Afton
18.15.REALLEADER FITNESS CO., LTD
18.16.Other Prominent Players

19. APPENDIX

20. CONSULTANT RECOMMENDATION