Physical Fitness Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Physical Fitness Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Physical Fitness Equipment Trends and Forecast

The future of the global physical fitness equipment market looks promising with opportunities in the home consumer and health club/gym applications. The global physical fitness equipment market is expected to reach an estimated $18.1 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing awareness about the importance of health, increasing government iniciatives promoting fitness, and rising youth population.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Physical Fitness Equipment by Segment

The study includes a forecast for the global physical fitness equipment by type, application, and region.

Physical Fitness Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Treadmills
• Elliptical Machines
• Stationary Cycles
• Rowing Machines
• Strength Training Equipment
• Others

Physical Fitness Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Home Consumer
• Health Clubs/Gyms
• Others

Physical Fitness Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Physical Fitness Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies physical fitness equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the physical fitness equipment companies profiled in this report include-

• ICON Health Fitness
• Brunswick
• Johnson Health
• TECHNOGYM
• Amer Sports
• Nautilus
• Core Health and Fitness
• TRUE Fitness Technology
• Impulse Health Tech

Physical Fitness Equipment Market Insights

Lucintel forecasts that treadmill is expected to witness highest growth over the forecast period due to its widespread use in variety of workouts such as walking, jogging and running.

Within this market, home consumer is expected to witness higher growth over the forecast period due to increasing people are choosing to work out at home.

North America is expected to witness highest growth over the forecast period due to high rate of obesity, rising population's disposable income, and growing awareness about importance of fitness among people in the region.

Features of the Global Physical Fitness Equipment Market

Market Size Estimates: Physical fitness equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Physical fitness equipment market size by type, application, and region in terms of value ($B).

Regional Analysis: Physical fitness equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the physical fitness equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the physical fitness equipment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the physical fitness equipment market size?

Answer: The global physical fitness equipment market is expected to reach an estimated $18.1 billion by 2030.

Q2. What is the growth forecast for physical fitness equipment market?

Answer: The global physical fitness equipment market is expected to grow with a CAGR of 5.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the physical fitness equipment market?

Answer: The major drivers for this market are growing awareness about the importance of health, increasing government iniciatives promoting fitness, and rising youth population.

Q4. What are the major segments for physical fitness equipment market?

Answer: The future of the physical fitness equipment market looks promising with opportunities in the home consumer and health club/gym applications.

Q5. Who are the key physical fitness equipment market companies?

Answer: Some of the key physical fitness equipment companies are as follows:

• ICON Health Fitness
• Brunswick
• Johnson Health
• TECHNOGYM
• Amer Sports
• Nautilus
• Core Health and Fitness
• TRUE Fitness Technology
• Impulse Health Tech

Q6. Which physical fitness equipment market segment will be the largest in future?

Answer: Lucintel forecasts that treadmill is expected to witness highest growth over the forecast period due to its widespread use in variety of workouts such as walking, jogging and running.

Q7. In physical fitness equipment market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to high rate of obesity, rising population's disposable income, and growing awareness about importance of fitness among people in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the physical fitness equipment market by type (treadmills, elliptical machines, stationary cycles, rowing machines, strength training equipment, and others), application (home consumer, health clubs/gyms, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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