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Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 148 pages | ID: LDBEBB38AF31EN
IMARC Group

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The global lateral fitness equipment market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9.82% during 2022-2028.

Lateral fitness equipment is embedded with a smooth 3D motion that goes from a vertical elliptical stepping to an active side-to-side motion for functional exercise. It challenges the entire body for better conditioning and better results. It aids in providing functional challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees as compared to the traditional standing devices. Besides this, as they also target glutes, hips, and inner and outer thighs, they are widely utilized by individuals recovering from an injury or training.

Lateral Fitness Equipment Market Trends:
Due to rapid urbanization, sedentary lifestyles and the increasing consumption of fast food, there is a rise in the prevalence of arthritis, diabetes, and cardiovascular diseases across the globe. This, in confluence with the growing health consciousness among individuals, is creating a positive outlook for the market. Moreover, lateral fitness equipment helps prevent injury and adds a variety to the workout routine. This represents another primary factor bolstering the market growth. Apart from this, due to the increasing penetration of the high-speed internet and the strong influence of social media platforms, there is a significant rise in the number of people enrolling in online fitness classes worldwide. This, along with the rising sales of lateral fitness equipment via online channels offering discounts and at-home delivery, is offering lucrative growth opportunities to market players. These players are currently focusing on introducing technologically advanced equipment and machines that are incorporated with a global positioning system (GPS), pedometer, heart rate monitor, and smartphone apps to monitor the workout. These innovations, coupled with increasing investments in advertisements, are projected to impel the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global lateral fitness equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, body type, distribution channel and end user.

Breakup by Type:

Treadmill
Elliptical
Exercise Bike
Shoulder Press Machines
Chest Press Machine

Breakup by Body Type:

Upper Body
Lower Body

Breakup by Distribution Channel:

Online Stores
Offline Stores

Breakup by End User:

Gyms and Fitness Centres
Household
Therapeutic Hospitals
Hotels and Corporate Offices
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Core Health & Fitness LLC., Cybex International Inc. (Brunswick Corporation), IFIT.com (ICON Health & Fitness), Impulse (Qingdao) Health Tech Ltd. Co., Johnson Health Tech Co. Ltd., Nautilus Inc., Technogym S.p.A, Total Fitness Equipment and True Fitness Technology Inc.

Key Questions Answered in This Report
1. How big is the global lateral fitness equipment market?
2. What is the expected growth rate of the global lateral fitness equipment market during 2023-2028?
3. What are the key factors driving the global lateral fitness equipment market?
4. What has been the impact of COVID-19 on the global lateral fitness equipment market?
5. What is the breakup of the global lateral fitness equipment market based on the type?
6. What is the breakup of the global lateral fitness equipment market based on the body type?
7. What is the breakup of the global lateral fitness equipment market based on the distribution channel?
8. What is the breakup of the global lateral fitness equipment market based on the end user?
9. What are the key regions in the global lateral fitness equipment market?
10. Who are the key players/companies in the global lateral fitness equipment market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL LATERAL FITNESS EQUIPMENT MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Treadmill
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Elliptical
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Exercise Bike
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Shoulder Press Machines
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Chest Press Machine
  6.5.1 Market Trends
  6.5.2 Market Forecast

7 MARKET BREAKUP BY BODY TYPE

7.1 Upper Body
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Lower Body
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY DISTRIBUTION CHANNEL

8.1 Online Stores
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Offline Stores
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY END USER

9.1 Gyms and Fitness Centres
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Household
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Therapeutic Hospitals
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Hotels and Corporate Offices
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Others
  9.5.1 Market Trends
  9.5.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Core Health & Fitness LLC
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 Cybex International Inc. (Brunswick Corporation)
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 IFIT.com (ICON Health & Fitness)
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 Impulse (Qingdao) Health Tech Ltd. Co.
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
  15.3.5 Johnson Health Tech Co. Ltd.
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Nautilus Inc.
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
    15.3.6.4 SWOT Analysis
  15.3.7 Technogym S.p.A
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
  15.3.8 Total Fitness Equipment
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 True Fitness Technology Inc.
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Lateral Fitness Equipment Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Lateral Fitness Equipment Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Lateral Fitness Equipment Market Forecast: Breakup by Body Type (in Million US$), 2023-2028
Table 4: Global: Lateral Fitness Equipment Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Lateral Fitness Equipment Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Lateral Fitness Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Lateral Fitness Equipment Market: Competitive Structure
Table 8: Global: Lateral Fitness Equipment Market: Key Players

LIST OF FIGURES

Figure 1: Global: Lateral Fitness Equipment Market: Major Drivers and Challenges
Figure 2: Global: Lateral Fitness Equipment Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Lateral Fitness Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Lateral Fitness Equipment Market: Breakup by Type (in %), 2022
Figure 5: Global: Lateral Fitness Equipment Market: Breakup by Body Type (in %), 2022
Figure 6: Global: Lateral Fitness Equipment Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Lateral Fitness Equipment Market: Breakup by End User (in %), 2022
Figure 8: Global: Lateral Fitness Equipment Market: Breakup by Region (in %), 2022
Figure 9: Global: Lateral Fitness Equipment (Treadmill) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Lateral Fitness Equipment (Treadmill) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Lateral Fitness Equipment (Elliptical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Lateral Fitness Equipment (Elliptical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Lateral Fitness Equipment (Exercise Bike) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Lateral Fitness Equipment (Exercise Bike) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Lateral Fitness Equipment (Shoulder Press Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Lateral Fitness Equipment (Shoulder Press Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Lateral Fitness Equipment (Chest Press Machine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Lateral Fitness Equipment (Chest Press Machine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Lateral Fitness Equipment (Upper Body) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Lateral Fitness Equipment (Upper Body) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Lateral Fitness Equipment (Lower Body) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Lateral Fitness Equipment (Lower Body) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Lateral Fitness Equipment (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Lateral Fitness Equipment (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Lateral Fitness Equipment (Offline Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Lateral Fitness Equipment (Offline Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Lateral Fitness Equipment (Gyms and Fitness Centres) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Lateral Fitness Equipment (Gyms and Fitness Centres) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Lateral Fitness Equipment (Household) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Lateral Fitness Equipment (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Lateral Fitness Equipment (Therapeutic Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Lateral Fitness Equipment (Therapeutic Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Lateral Fitness Equipment (Hotels and Corporate Offices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Lateral Fitness Equipment (Hotels and Corporate Offices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Lateral Fitness Equipment (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Lateral Fitness Equipment (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia-Pacific: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia-Pacific: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Lateral Fitness Equipment Market: Breakup by Country (in %), 2022
Figure 85: Middle East and Africa: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Lateral Fitness Equipment Industry: SWOT Analysis
Figure 87: Global: Lateral Fitness Equipment Industry: Value Chain Analysis
Figure 88: Global: Lateral Fitness Equipment Industry: Porter's Five Forces Analysis


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