Market Overview:
The global home fitness equipment market is expected to exhibit a CAGR of 2.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Home fitness equipment includes various devices that are used for monitoring physical exercises at home. These equipment aids in managing weight, improving stamina and developing muscular strength of the body. Some of the commonly used home fitness equipment includes cardiovascular training equipment, such as treadmills, ellipticals and stationary bikes, along with strength training equipment, such as free weight and plate loaded machines. These machines can stimulate the heart rate to burn excess body fat and gain muscular strength.
The increasing prevalence of chronic lifestyle diseases, along with rising health consciousness among individuals across the globe, is one of the key factors driving the growth of the market. Owing to various factors, such as rapid urbanization, sedentary lifestyles and hectic schedules of working professionals, there is increasing adoption of fitness equipment that can be used in the comfort of the home for maintaining a healthy lifestyle. In confluence with this, growing preference for these equipment for managing various lifestyle diseases, such as arthritis, diabetes, stroke and cardiovascular disorders, is also providing a boost to the market growth. Furthermore, equipment manufacturers are also investing in research and development (R&D) activities to launch advanced and user-friendly devices for improving the overall consumer’s experience. Governments of both the developed and emerging nations are implementing various healthcare initiatives to promote fitness-related awareness among the masses, which is also contributing to the adoption of these equipment, especially by the youth. Other factors, including rising consumer expenditure capacities, the development of wearable devices that can be synchronized with the fitness equipment and the availability of efficient online retail channels, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global home fitness equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and distribution channel.
Breakup by Product Type:
- Cardiovascular Training Equipment
- Air Bike
- Elliptical Machines
- Punching Bag
- Rowing Machine
- Treadmill
- Others
- Strength Training Equipment
- Ab Wheel
- Adjustable Dumbbells
- Adjustable Kettlebell
- Medicine Ball
- Mini Resistance Bands
- Pull Up Bars
- Weight-Lifting Bench
- Others
- Accessories
- Foam Roller
- Weighted Jump Rope
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being adidas AG, Amer Sports Corporation, Brunswick Corporation, PureGym, Hoist Fitness Systems Inc., Icon Health & Fitness Inc., Johnson Health Tech. Co. Ltd., Technogym, True Fitness Technology Inc., Vectra Fitness Inc., etc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product Type, Distribution Channel, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
adidas AG, Amer Sports Corporation, Brunswick Corporation, PureGym, Hoist Fitness Systems Inc., Icon Health & Fitness Inc., Johnson Health Tech. Co. Ltd., Technogym, True Fitness Technology Inc. and Vectra Fitness Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global home fitness equipment market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global home fitness equipment market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global home fitness equipment market and who are the key players?
- What is the degree of competition in the industry?
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 Home 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 Product Type
6.1 Cardiovascular Training Equipment
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Air Bike
6.1.2.2 Elliptical Machines
6.1.2.3 Punching Bag
6.1.2.4 Rowing Machine
6.1.2.5 Treadmill
6.1.2.6 Others
6.1.3 Market Forecast
6.2 Strength Training Equipment
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Ab Wheel
6.2.2.2 Adjustable Dumbbells
6.2.2.3 Adjustable Kettlebell
6.2.2.4 Medicine Ball
6.2.2.5 Mini Resistance Bands
6.2.2.6 Pull Up Bars
6.2.2.7 Weight-lifting Bench
6.2.2.8 Others
6.2.3 Market Forecast
6.3 Accessories
6.3.1 Market Trends
6.3.2 Major Types
6.3.2.1 Foam Roller
6.3.2.2 Weighted Jump Rope
6.3.2.3 Others
6.3.3 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Indicators
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 adidas AG
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Amer Sports Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Brunswick Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 PureGym
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Hoist Fitness Systems Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Icon Health & Fitness Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 SWOT Analysis
13.3.7 Johnson Health Tech. Co. Ltd.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8 Technogym
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 True Fitness Technology Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Vectra Fitness Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Home Fitness Equipment Market: Major Drivers and Challenges
Figure 2: Global: Home Fitness Equipment Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Home Fitness Equipment Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Home Fitness Equipment Market: Breakup by Distribution Channel (in %), 2021
Figure 5: Global: Home Fitness Equipment Market: Breakup by Region (in %), 2021
Figure 6: Global: Home Fitness Equipment Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Home Fitness Equipment (Cardiovascular Training Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Home Fitness Equipment (Cardiovascular Training Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Home Fitness Equipment (Strength Training Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Home Fitness Equipment (Strength Training Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Home Fitness Equipment (Accessories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Home Fitness Equipment (Accessories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Home Fitness Equipment (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Home Fitness Equipment (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Home Fitness Equipment (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Home Fitness Equipment (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Home Fitness Equipment (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Home Fitness Equipment (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Home Fitness Equipment (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Home Fitness Equipment (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia Pacific: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia Pacific: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Home Fitness Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Home Fitness Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Global: Home Fitness Equipment Industry: SWOT Analysis
Figure 70: Global: Home Fitness Equipment Industry: Value Chain Analysis
Figure 71: Global: Home Fitness Equipment Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Home Fitness Equipment Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Home Fitness Equipment Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Home Fitness Equipment Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Home Fitness Equipment Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Home Fitness Equipment Market: Competitive Structure
Table 6: Global: Home Fitness Equipment Market: Key Players