Wow, looks like the global home fitness equipment market is set to explode between 2022 and 2026! We're talking serious growth, fueled by more and more people getting serious about their health. Everyone wants high-quality equipment that's easy to set up, move around, and use every day. Plus, let's be real, busy professionals are all about saving time by working out at home instead of trekking to the gym. Remember the COVID-19 pandemic? When gyms shut down, online retailers saw a massive spike in demand for home fitness gear. And even now, online fitness classes are a big thing, pushing even more folks to buy equipment for their homes. People are especially loving the tech-savvy stuff that works well with those online sessions, which is only going to keep driving that impressive market growth! Find out more through this link. Also, check out the top selling equipment on the market!
So, the home fitness equipment market worldwide? It's broken down in a few ways – by what kind of equipment it is, who's buying it, where you can buy it (like online or in stores), where it's selling best geographically, and who the big players are. When we look at what people are buying, it's mainly two types of gearcardiovascular training stuff and strength training stuff. Turns out, the cardio equipment is expected to make the most money and really lead the market. Why? Well, more people are dealing with heart problems, unfortunately. Plus, COVID-19 made things worse, with more folks having heart and lung issues. Cardio equipment is often used to help people recover, so demand is up! But strength training equipment isn't far behind. We expect it to grow a lot too, especially with younger people wanting to get in shape and build muscle. And let's be honest, lockdowns were rough on everyone's mental and physical health, so many people turned to fitness at home to cope, and that's helping this market too!
When it comes to who's leading the charge in home fitness gear globally, you've got some big names like Anta International Limited (Amer Sports Oyj), Nautilus Inc., and Johnson Health Tech. Co. Ltd. You'll also find Origin Fitness Ltd (Anytime Leisure Limited), Dyaco International Inc., Icon Health & Fitness, Inc., Amer Sports Corporation, Core Health & Fitness, LLC, Technogym SPA, and Echelon Fitness Multimedia LLC, just to name a few. These companies are really pushing the boundaries with research and tech advancements. All those cool features – like tracking your heart rate, calorie burn, blood pressure, and weight, plus measuring your workouts – are what's getting people excited about the latest equipment. To stay competitive, these companies can also double down on R&D to meet what customers want. This helps them build their brands in the long run. And don't forget partnerships, deals, and acquisitions; they're all part of the game!
Years considered for this report
Historical Years2016 – 2019
Base Year2020
Estimated Year2021
Forecast Period2022 – 2026
Objective of the Study
- To analyze the historical growth of the market size of global home fitness equipment market from 2016 to 2019.
- To estimate and forecast the market size of global home fitness equipment market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global home fitness equipment market based on type, category, distribution channel, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global home fitness equipment market.
- To identify drivers and challenges for global home fitness equipment market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global home fitness equipment market.
- To identify and analyze the profile of leading players operating in global home fitness equipment market.
- To identify key sustainable strategies adopted by market players in global home fitness equipment market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of global home fitness equipment market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of products and other stakeholders
- Organizations, forums, and alliances related to home fitness equipment
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
