Home Fitness Equipment Market Size- By Product Type, By Grade, By Distribution Channel, By End User, By Training Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Home Fitness Equipment Market Overview
According to SPER Market Research, the Global Home Fitness Equipment Market is estimated to reach USD 19.41 billion by 2032 with a CAGR of 4.93%. During the forecast period, the market for home exercise equipment is anticipated to expand at a CAGR of single digit. This increase in the market value for home exercise equipment can be ascribed to a number of causes, including greater awareness of the need of leading a healthy lifestyle, an increase in the prevalence of chronic diseases, and rising personal disposable income.
Impact of COVID-19 on the Global Home Fitness Equipment Market
Most fitness facilities and gyms have had to close in the recent months in order to stop the spread of COVID-19. Due to this, there is a significant demand for home workout equipment including rowing machines, treadmills, and bikes. As a result, sales of workout equipment from online sellers have significantly increased. The COVID-19 pandemic has changed the fitness business and given a boost to at-home exercise programmes.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By Grade, By Distribution Channel, By End User, By Training Type
Regions covered Asia-Pacific, Europe, Middle East & Africa, North America, Latin America
Companies Covered Amer Sports Oyj, Corepump, HOIST Fitness Systems, ICON Health & Fitness Inc., Johnson Health Tech. Co., Ltd., JTX Fitness, Keiser Corporation, Louis Vuitton,
Global Home Fitness Equipment Market Segmentation:
By Product Type: Based on the Product Type, Global Home Fitness Equipment Market is segmented as; Barbells & Ladders, Elliptical and Others, Extension Machines, Free Weights, Rowing Machines, Stationary Cycles, Treadmills, Other Training Equipment.
By End User: Based on the End User, Global Home Fitness Equipment Market is segmented as; Apartments, Condos, Houses, Offices, Small Gyms, Town homes, Other End Users.
By Region: The home fitness equipment market is dominated by North America, and this trend of dominance will continue to thrive during the forecast period, with the United States and Canada emerging as the primary contributors. This is due to the expansion of the e-commerce industry in this area, the presence of important players, and the rapid rate of technological innovation.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Home Fitness Equipment Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1. Global Home Fitness Equipment Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Home Fitness Equipment Market
- 7. Global Home Fitness Equipment Market, By Product Type, 2019-2032 (USD Million)
- 7.1. Barbells & Ladders
- 7.2. Elliptical and Others
- 7.3. Extension Machines
- 7.4. Free Weights
- 7.5. Rowing Machines
- 7.6. Stationary Cycles
- 7.7. Treadmills
- 7.8. Other Training Equipment
- 8. Global Home Fitness Equipment Market, By Grade, 2019-2032 (USD Million)
- 8.1. Low-end Products
- 8.2. Mid-grade Products
- 8.3. High-end Products
- 9. Global Home Fitness Equipment Market, By Distribution Channel, 2019-2032 (USD Million)
- 9.1. Dealers
- 9.2. Online Shops
- 9.2.1. Direct Online Stores
- 9.2.2. Third Party Websites
- 9.3. Retail Stores
- 9.4. Specialty Stores
- 9.5. Other Distribution Channels
- 10. Global Home Fitness Equipment Market, By End User, 2019-2032 (USD Million)
- 10.1. Apartments
- 10.2. Condos
- 10.3. Houses
- 10.4. Offices
- 10.5. Small Gyms
- 10.6. Town homes
- 10.7. Other End Users
- 11. Global Home Fitness Equipment Market, By Training Type, 2019-2032 (USD Million)
- 11.1. Cardiovascular Training Equipment
- 11.2. Strength Training Equipment
- 11.3. Others
- 12. Global Home Fitness Equipment Market, By Region, 2019-2032 (USD Million)
- 12.1. Global Home Fitness Equipment Market Size and Market Share by Region (2019-2025)
- 12.2. Global Home Fitness Equipment Market Size and Market Share by Region (2026-2032)
- 12.3. Asia-Pacific
- 12.3.1. Australia
- 12.3.2. China
- 12.3.3. India
- 12.3.4. Japan
- 12.3.5. South Korea
- 12.3.6. Rest of Asia-Pacific
- 12.4. Europe
- 12.4.1. France
- 12.4.2. Germany
- 12.4.3. Italy
- 12.4.4. Spain
- 12.4.5. United Kingdom
- 12.4.6. Rest of Europe
- 12.5. Middle East & Africa
- 12.5.1. Kingdom of Saudi Arabia
- 12.5.2. United Arab Emirates
- 12.5.3. Rest of Middle East & Africa
- 12.6. North America
- 12.6.1. Canada
- 12.6.2. Mexico
- 12.6.3. United States
- 12.7. Latin America
- 12.7.1. Argentina
- 12.7.2. Brazil
- 12.7.3. Rest of Latin America
- 13. Company Profiles
- 13.1. Amer Sports Oyj
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. Corepump
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. HOIST Fitness Systems
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. ICON Health & Fitness Inc.
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. Johnson Health Tech. Co., Ltd.
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. JTX Fitness
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. Keiser Corporation
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. Louis Vuitton
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. Nohrd
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Nordic Track
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
- 13.11. Peloton
- 13.11.1. Company details
- 13.11.2. Financial outlook
- 13.11.3. Product summary
- 13.11.4. Recent developments
- 13.12. Precor Inc.
- 13.12.1. Company details
- 13.12.2. Financial outlook
- 13.12.3. Product summary
- 13.12.4. Recent developments
- 13.13. ProForm
- 13.13.1. Company details
- 13.13.2. Financial outlook
- 13.13.3. Product summary
- 13.13.4. Recent developments
- 13.14. Schwinn
- 13.14.1. Company details
- 13.14.2. Financial outlook
- 13.14.3. Product summary
- 13.14.4. Recent developments
- 13.15. Technogym Spa
- 13.15.1. Company details
- 13.15.2. Financial outlook
- 13.15.3. Product summary
- 13.15.4. Recent developments
- 13.16. Tonal Systems Inc.
- 13.16.1. Company details
- 13.16.2. Financial outlook
- 13.16.3. Product summary
- 13.16.4. Recent developments
- 13.17. True Fitness
- 13.17.1. Company details
- 13.17.2. Financial outlook
- 13.17.3. Product summary
- 13.17.4. Recent developments
- 13.18. Vectra Fitness
- 13.18.1. Company details
- 13.18.2. Financial outlook
- 13.18.3. Product summary
- 13.18.4. Recent developments
- 13.19. York Barbell
- 13.19.1. Company details
- 13.19.2. Financial outlook
- 13.19.3. Product summary
- 13.19.4. Recent developments
- 14. List of Abbreviations
- 15. Reference Links
- 16. Conclusion
- 17. Research Scope
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