Fitness Equipment Market by Product (Elliptical Machine, Rowing Machine, Stationary Cycle), Distribution (Offline Retail Store, Online Retail Store), End User - Global Forecast 2023-2030

Fitness Equipment Market by Product (Elliptical Machine, Rowing Machine, Stationary Cycle), Distribution (Offline Retail Store, Online Retail Store), End User - Global Forecast 2023-2030


The Fitness Equipment Market size was estimated at USD 11.70 billion in 2022 and expected to reach USD 12.49 billion in 2023, at a CAGR 6.91% to reach USD 19.98 billion by 2030 .

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Fitness Equipment Market.
  • Based on Product, market is studied across Elliptical Machine, Rowing Machine, Stationary Cycle, Strength Training Equipment, and Treadmill. The Rowing Machine is projected to witness significant market share during forecast period.
  • Based on Distribution, market is studied across Offline Retail Store and Online Retail Store. The Offline Retail Store is further studied across Specialty Sports Shop and Sports Goods Store. The Online Retail Store is projected to witness significant market share during forecast period.
  • Based on End User, market is studied across Commercial and Residential. The Commercial is further studied across Corporate Office, Hospitals & Medical Center, Hotels & Fitness Clubs, Public Institutions, and School & Universities. The Commercial is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Fitness Equipment Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Fitness Equipment Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Fitness Equipment Market, highlighting leading vendors and their innovative profiles. These include Amer Sports Corporation, Core Health & Fitness, LLC, Horizon Fitness, iFIT Inc., Impulse Health Tech Co. ,Ltd., Johnson Health Tech Co., Ltd., Life Fitness, Nautilus, Inc., Nityasach Fitness Pvt. Ltd., Nortus Fitness, Precor Incorporated, Technogym S.p.a, Torque Fitness, True Fitness Technology, Inc., and Tuff Tread.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Fitness Equipment Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Fitness Equipment Market?
  3. What is the competitive strategic window for identifying opportunities in the Fitness Equipment Market?
  4. What are the latest technology trends and regulatory frameworks in the Fitness Equipment Market?
  5. What is the market share of the leading vendors in the Fitness Equipment Market?
  6. Which modes and strategic moves are suitable for entering the Fitness Equipment Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Fitness Equipment Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Prevalence of chronic diseases and need to maintain health & physical wellness
5.1.1.2. Rising awareness for fitness and surge in number of gyms and fitness clubs
5.1.1.3. Increasing government initiatives to health and fitness among the population
5.1.2. Restraints
5.1.2.1. High cost associated with the fitness equipment
5.1.3. Opportunities
5.1.3.1. Development of wearable technology and incorporation of smart devices in fitness machines
5.1.3.2. Research & development to develop fitness equipment with scientific designs
5.1.4. Challenges
5.1.4.1. Technical limitations of the operation of fitness equipment
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Value Chain Analysis
5.10.2. Technology Trends
6. Fitness Equipment Market, by Product
6.1. Introduction
6.2. Elliptical Machine
6.3. Rowing Machine
6.4. Stationary Cycle
6.5. Strength Training Equipment
6.6. Treadmill
7. Fitness Equipment Market, by Distribution
7.1. Introduction
7.2. Offline Retail Store
7.3.1. Specialty Sports Shop
7.3.2. Sports Goods Store
7.3. Online Retail Store
8. Fitness Equipment Market, by End User
8.1. Introduction
8.2. Commercial
8.3.1. Corporate Office
8.3.2. Hospitals & Medical Center
8.3.3. Hotels & Fitness Clubs
8.3.4. Public Institutions
8.3.5. School & Universities
8.3. Residential
9. Americas Fitness Equipment Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Fitness Equipment Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Fitness Equipment Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Amer Sports Corporation
13.1.2. Core Health & Fitness, LLC
13.1.3. Horizon Fitness
13.1.4. iFIT Inc.
13.1.5. Impulse Health Tech Co. ,Ltd.
13.1.6. Johnson Health Tech Co., Ltd.
13.1.7. Life Fitness
13.1.8. Nautilus, Inc.
13.1.9. Nityasach Fitness Pvt. Ltd.
13.1.10. Nortus Fitness
13.1.11. Precor Incorporated
13.1.12. Technogym S.p.a
13.1.13. Torque Fitness
13.1.14. True Fitness Technology, Inc.
13.1.15. Tuff Tread
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

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