Global Home Fitness Equipment Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Home Fitness Equipment Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Cardiovascular Training Equipment (Treadmills, Stationary Cycles, and Elliptical Training & Others), Strength Training Equipment, and Others)), Distribution Channel (Offline Retail Stores, and Online Retail Stores), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Home Fitness Equipment Market was valued at USD 14,462.3 million in 2023 and is expected to reach USD 19,640.9 million by 2031 while growing at a CAGR of 3.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global home fitness equipment market growth. Home fitness equipment encompasses a range of exercise machines, tools, and accessories tailored for home use, facilitating strength training, cardiovascular workouts, and flexibility exercises. These items allow individuals to engage in fitness activities without the necessity of going to a gym or fitness center.
Increasing awareness of the importance of physical fitness and overall well-being, along with innovations in home fitness equipment, are driving the growth of the home fitness equipment market. However, obstacles such as cost and affordability, as well as concerns regarding product quality and durability, may impede market expansion.
Furthermore, the global home fitness equipment industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Home Fitness Equipment Market is segmented among Cardiovascular Training Equipment, Strength Training Equipment, and Others, based on product type. In 2023, Strength Training Equipment accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Home Fitness Equipment Market is segmented among Offline Retail Stores, and Online Retail Stores, , based on Distribution Channel. In 2023, Offline Retail Stores accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Home Fitness Equipment Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Anta International Limited (Amer Sports Oyj), Nautilus Inc., Johnson Health Tech Co. Ltd, Origin Fitness Ltd (Anytime Leisure Limited), Dyaco International Inc., Technogym SpA, Peloton Interactive Inc., TRUE Fitness, Icon Health & Fitness Inc., and Decathlon SA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Home Fitness Equipment Market Dynamics
Drivers
Restraints
Opportunity
4. Global Home Fitness Equipment Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Home Fitness Equipment Market Segmentation, By Product Type
Global Home Fitness Equipment Market Share Analysis, By Product Type
Global Home Fitness Equipment Market Growth Analysis, By Product Type
Global Home Fitness Equipment Market Trends, By Product Type
o Cardiovascular Training Equipment
Ø Treadmills
Ø Stationary Cycles
Ø Elliptical Trainers & Others
o Strength Training Equipment
o Others
6. Global Home Fitness Equipment Market Segmentation, By Distribution Channel
Global Home Fitness Equipment Market Share Analysis, By Distribution Channel
Global Home Fitness Equipment Market Growth Analysis, By Distribution Channel
Global Home Fitness Equipment Market Trends, By Distribution Channel
o Offline Retail Channel
o Online Retail Stores
7. Global Home Fitness Equipment Market Segmentation, By Region
Global Home Fitness Equipment Market Share Analysis, By Region
Global Home Fitness Equipment Market Growth Analysis, By Region
Global Home Fitness Equipment Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Anta International Limited (Amer Sports Oyj)*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Nautilus Inc.
Johnson Health Tech Co. Ltd
Origin Fitness Ltd (Anytime Leisure Limited)
Dyaco International Inc.
Technogym SpA
Peloton Interactive Inc.
TRUE Fitness
Icon Health & Fitness Inc.
Decathlon SA
*Similar analysis will be provided for each company listed above.