Home Fitness Equipment Market was valued at US$ 11.97 Bn. in 2022 and is estimated to reach a value of US$ 16.50 Bn. in 2029. The Global Home Fitness Equipment Market size is estimated to grow at a CAGR of 4.7% over the forecast period.
Home Fitness Equipment Market Report Overview
The study analyses the existing and future circumstances in the Home Fitness Equipment Market, providing unique insights and up-to-date information across key segments. Within the context of the Home Fitness Equipment market, the report addresses critical research areas such as revenue generation, sales, and overall income. In order to provide a comprehensive overview, the research includes two separate scenarios that cover the full Home Fitness Equipment market, including expected Home Fitness Equipment sales during the projection period.
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Home Fitness Equipment Market Report Scope and Research Methodology:
The primary purpose of the Home Fitness Equipment market study is to provide a thorough analysis in clear and simple terms. The analysis covers all of the major companies and essential features of the Home Fitness Equipment market, assessing numerous metrics such as volume, share, growth, and strategy. This research not only helps established organisations refine their operating plans, but it also provides strategic recommendations to new entrants. MMR’s research delves deeply into the Home Fitness Equipment market, identifying the leading worldwide businesses based on parameters such as volume, share, strategies, and growth. The research also includes tactics for both existing industry participants and potential Home Fitness Equipment market entrants. Furthermore, the global research for the Home Fitness Equipment market provides a detailed breakdown of regional share distribution, as well as an examination of development drivers in each area.
Food Delivery Service Market Dynamics:
Increase in healthcare influences the opportunities for market growth. People prefer customised workouts and are instructed by online specialists and specific training courses to match their needs. Preventive and preventive healthcare, as well as customised workout routines, have raised demand for home fitness equipment. According to the Mayo Clinic, an American nonprofit academic medical centre, 200 to 300 minutes of moderate-intensity activity per week, which includes physical activities such as fast walking or swimming, is an important part of preventive care and to prevent weight gain, and it is widely adopted by the global population. After the pandemic, they will be encouraged and motivated to start working out and firming up their bodies.
Home Fitness Equipment Market Segmentation:
by Product Type
Cardiovascular Training Equipment
Treadmills
Stationary Cycles
Rowing Machines
Elliptical and Others
Free Weights
Power Racks
by Distribution Channel
Dealers
Online
Direct Distribution
Retail
Specialty Retailers
Gyms/Clubs
The Home Fitness Equipment Market is divided into the following distribution channels: Dealers, Online, Direct Distribution, Retail, Specialty Retailers, and Gyms/Clubs.
The online component of the global fitness equipment market is heavily influenced by home customers, health clubs, and other commercial users. The segment offers a variety of services and discounts, which attracts a large portion of the market. Online vendors entice home users to purchase various workout equipment for personal use. Health clubs/gyms/fitness centres are the primary purchasers of fitness equipment for commercial use. Fitness equipment is a vital component of their primary company, which is why they prefer to purchase advanced equipment online for their clientele.
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Home Fitness Equipment Market Regional Insights:
The European market is anticipated to grow at an accelerating rate over the forecast period, because of the continent's rising level of health awareness. The number of adoption of gymnasiums and fitness in their homes is rapidly increasing in Austria, Sweden, Germany, and France. Other European countries like Spain, Italy, and England have noted an upsurge in the home fitness equipment market, especially during the COVID-19 pandemic. As per Europe Active, the overall amount of fitness members of the club in Germany increased by 12% to 62.2 million.
Home Fitness Equipment Market Key Players:
1.Icon Health & Fitness, Inc.
2. Johnson Health Tech Co. Ltd.
3. Amer Sports Corporation
4.Core Health & Fitness, LLC
5. Nautilus, Inc.
6. Technogym S.p.A
7.Hoist Fitness Systems
8. Fitness World AS
9.HAMMER SPORT AG
10. Rogue Fitness
11.Tonal Systems
12. PENT
13. ProForm
14. PELOTON
15.Nordic Track
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Table of Content: Home Fitness Equipment Market
Part 01: Executive Summary
Part 02: Scope of the Home Fitness Equipment Market Report
Part 03: Home Fitness Equipment Market Landscape
Part 04: Home Fitness Equipment Market Sizing
Part 05: Home Fitness Equipment Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Offerings:
- Past Market Size and Competitive Landscape (2023-2029)
- Past Pricing and price curve by region (2023-2029)
- Market Size, Share, Size & Forecast by different segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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