Home Fitness Equipment Market

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Home Fitness Equipment Market Research - Segmentation by Equipment Type (Cardiac-respiratory equipment, Muscular equipment, Flexibility equipment, Body fitness equipment and other), By End User (Hospital, Gym centers/ health club, Homecare and others) and by Geography – Global Industry Size, Growth, Trends, Demand, and Competitive Analysis Forecast Research Report 2022 to 2027

Published: January, 2022

ID: 9186

Pages: 175

Home Fitness Equipment Market Size & Growth (2022 - 2027):

The Home fitness equipment market reached almost USD xx billion in 2021 and is expected to reach nearly USD xx billion by 2026, growing with an annual compound rate of approximately 6.2% from 2022 to 2027.

The Home Fitness Equipment consists of machines and devices to help control physical exercise. Physical fitness includes all aspects of life and health that affect our physical, mental, and social health. A healthy and fit person can perform general life activities, such as work, but has enough energy and vitality to respond to emergencies and enjoy leisure activities. They will help control our weight, improve fitness, strengthen muscles and solve some medical problems.

Home Fitness Equipment Market Drivers:

The global Home Fitness Equipment Market is dominated by product innovations from leading companies that allow a growing population aware of exercise and home workouts around the world. The recent growth observed in the Home Fitness Equipment business is due to the increased health awareness among youth and adult groups. Doctors and governments of countries are continually working to promote the benefits of physical fitness, thus creating health awareness in society. Recently, diabetes, heart disease, and cholesterol problems have risen. In addition, obesity in developed countries is a paramount concern. These factors are driving the Home Fitness Equipment Market in developed regions such as North America and Europe.

Scientific research on the structure of the human body promotes innovation and the development of fitness equipment, improving fitness activities and providing better results. An intense workout is an essential factor in increasing stress among people in the world today. Also, the demand for Home Fitness Equipment has increased due to improved lifestyles and increased spending on exercise activities as a result of economic growth. Companies work with a variety of physical training centers to provide their employees with fitness facilities. Population growth in developing countries is another reason for the rapid growth of the Home Fitness Equipment industry.

Home Fitness Equipment Market Restraints:

However, the high cost of the machinery mainly affects the growth of the global Home Fitness Equipment Market.

HOME FITNESS EQUIPMENT MARKET REPORT COVERAGE:

REPORT METRIC	DETAILS
Market Size Available	2021 – 2026
Base Year	2021
Forecast Period	2022 - 2027
CAGR	6.2%
Segments Covered	By type of equipment, According to the end-users
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled	Technogym, Brunswick Corporation, Amer Sports (Precor), Cybex International Inc., Nautilus Inc., Johnson Health Tech, Paramount, and Torque.

Market Segmentation:

Home Fitness Equipment Market By type of equipment:

Home Fitness Equipment Market is divided into cardiac-respiration equipment, muscle equipment, flexibility equipment, body exercise equipment, etc. In 2018, the cardiac-respiration equipment sector dominated the overall market, with a significant revenue share. During the prognosis period, the muscle equipment sector is expected to grow remarkably as health awareness increases. Improving muscle strength and endurance can help maintain better health.

Home Fitness Equipment Market According to the end-users:

Home Fitness Equipment Market has broken down into hospitals, gyms/health clubs, home care, etc. The gymnastics centers sector has the most extensive participation in this market, where demand is increasing. During the forecast period, the home care sector is likely to create more opportunities as a result of new challenges, such as exercising at home, especially in winter. Also, there is much indoor exercise equipment available for the elderly.

Regional Analysis:

North America
Europe
Asia Pacific
Latin America
The Middle East, and Africa

North American home fitness equipment market dominated with a high market share due to personal care costs and increased spending in most gym centers. With greater awareness of a healthy lifestyle and higher disposable income, North America has dominated the global market.

The Asia-Pacific home fitness equipment market is supposed to grow at a high growth rate during the forecast period, with an emphasis on increasing healthcare costs, increasing the need for qualified gym coaches, improving quality of life, and developing technology for making fitness equipment.

Recent Developments and Trends:

In August 2018, ICON Health & Fitness announced a purchase agreement with VF Corporation for the Altra shoe brand.
In June 2017, Anytime Fitness in the United States announced plans to establish 500 new gyms in China in the coming years.
According to the Sports and Fitness Industry Association (SFIA), sales of fitness products in the United States in 2017 exceeded $ 5.2 billion, of which home fitness equipment accounted for the bulk.
The US Department of Health and Human Services has launched a physical activity initiative to ensure better children's health and improve student performance.
Chesapeake Energy Corp. has developed a 72,000-square-foot gym for employees with access to several personal trainers.

Key Players:

Key industry participants in the Home Fitness Equipment Market include

Technogym
Brunswick Corporation
Amer Sports (Precor)
Cybex International Inc.
Nautilus Inc.
Johnson Health Tech
Paramount
Torque.

Top Leading Company:

Technogym continues to seek the growth of weapons through mergers and acquisitions and joint ventures with other players.

1. Introduction

1.1 Market Definition

1.2 Scope of the report

1.3 Study Assumptions

1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology

2.1 Analysis Design

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Data Modelling

2.2.4 Expert Validation

2.3 Study Timeline

3. Report Overview

3.1 Executive Summary

3.2 Key Inferencees

4. Market Dynamics

4.1 Impact Analysis

4.1.1 Drivers

4.1.2 Restaints

4.1.3 Opportunities

4.2 Regulatory Environment

4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis

5.1 Key Player Benchmarking

5.1.1 Market share analysis

5.1.2 Products/Service

5.1.3 Regional Presence

5.2 Mergers & Acquistion Landscape

5.3 Joint Ventures & Collaborations

6. Market Segmentation

6.1 Home Fitness Equipment Market, By Equipment Type

6.1.1 Cardiac-Respiratory Equipment

6.1.2 Muscular Equipment

6.1.3 Flexibility Equipment

6.1.4 Body Fitness Equipment

6.1.5 Market Size Estimations & Forecasts (2022 - 2027)

6.1.6 Y-o-Y Growth Rate Analysis

6.1.7 Market Attractiveness Index

6.2 Home Fitness Equipment Market, By End-User

6.2.1 Hospitals

6.2.2 Gym Centers/Health Clubs

6.2.3 Homecare

6.2.4 Market Size Estimations & Forecasts (2022 - 2027)

6.2.5 Y-o-Y Growth Rate Analysis

6.2.6 Market Attractiveness Index

7. Geographical Landscape

7.1 Global Identity Governance and Administration Market, by Region

7.2 North America - Market Analysis (2022- 2027)

7.2.1 By Country

7.2.1.1 USA

7.2.1.2 Canada

7.2.2 By Equipment Type

7.2.3 By End-User

7.3 Europe

7.3.1 By Country

7.3.1.1 UK

7.3.1.2 France

7.3.1.3 Germany

7.3.1.4 Spain

7.3.1.5 Italy

7.3.1.6 Rest of Europe

7.3.2 By Equipment Type

7.3.3 By End-User

7.4 Asia Pacific

7.4.1 By Country

7.4.1.1 China

7.4.1.2 India

7.4.1.3 Japan

7.4.1.4 South Korea

7.4.1.5 South East Asia

7.4.1.6 Australia & NZ

7.4.1.7 Rest of Asia-Pacific

7.4.2 By Equipment Type

7.4.3 By End-User

7.5 Latin America

7.5.1 By Country

7.5.1.1 Brazil

7.5.1.2 Argentina

7.5.1.3 Mexico

7.5.1.4 Rest of Latin America

7.5.2 By Equipment Type

7.5.3 By End-User

7.6 Middle East and Africa

7.6.1 By Country

7.6.1.1 Middle East

7.6.1.2 Africa

7.6.2 By Equipment Type

7.6.3 By End-User

8. Key Player Analysis

8.1 Technogym

8.1.1 Business Description

8.1.2 Products/Service

8.1.3 Financials

8.1.4 SWOT Analysis

8.1.5 Recent Developments

8.1.6 Analyst Overview

8.2 Brunswick Corporation

8.3 Amer Sports

8.4 Cybex International Ltd

8.5 Nautilus Inc

8.6 Johnson Health Tech

8.7 Paramount

8.8 Torque

9. Market Outlook & Investment Opportunities

Appendix

List of Tables

List of Figures

Global Home Fitness Equipment Market By Region, From 2022 - 2027 ( USD Billion )
Global Home Fitness Equipment Market By Equipment Type, From 2022 - 2027 ( USD Billion )
Global Cardiac-Respiratory Equipment Market By Region, From 2022 - 2027 ( USD Billion )
Global Muscular Equipment Market By Region, From 2022 - 2027 ( USD Billion )
Global Flexibility Equipment Market By Region, From 2022 - 2027 ( USD Billion )
Global Body Fitness Equipment Market By Region, From 2022 - 2027 ( USD Billion )
Global Home Fitness Equipment Market By End-User, From 2022 - 2027 ( USD Billion )
Global Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
Global Gym Centers/Health Clubs Market By Region, From 2022 - 2027 ( USD Billion )
Global Homecare Market By Region, From 2022 - 2027 ( USD Billion )