Market Overview:
The global fitness equipment and indoor sports centers market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about health and fitness, rising disposable income, and growing demand for studio classes. In terms of type, the fitness equipment segment is expected to grow at a higher CAGR than the indoor sports segment during the forecast period. In terms of application, the age 31-45 segment is expected to grow at a higher CAGR than other segments during the forecast period. Geographically, North America is projected to lead the global fitness equipment and indoor sports centers market in terms of revenue from 2018 to 2030.
Product Definition:
Fitness equipment is any equipment which is used for physical fitness purposes. This can include machines such as treadmills and stationary bikes, as well as free weights and other types of weightlifting equipment. Fitness equipment can be found in both indoor and outdoor settings, though indoor gyms are more common. Indoor sports centers are facilities where people can play a variety of sports indoors, often in a climate-controlled environment. These centers typically have courts or fields for activities like basketball, soccer, volleyball, and tennis, along with other amenities like locker rooms and exercise facilities. The importance of fitness equipment and indoor sports centers lies in their ability to provide people with opportunities to stay active and healthy.
Indoor Sports:
Indoor sports are those games or sports played in a gym, fitness center, health club or any other indoor facility. Indoor sports include a variety of activities such as badminton, basketball, fencing (smallsword), floorball, handball and table tennis among others. The global market for indoor sports is expected to witness significant growth over the forecast period owing to increasing awareness about health & fitness and growing disposable income levels in emerging economies including China & India among others.
Fitness equipment:
Fitness equipment is the machines, devices or items that help in maintaining, improving and developing fitness. Fitness Equipment are used by individuals for exercise or performing a particular task. It can be used by people of all ages and backgrounds but it is most commonly associated with adults who work out to keep themselves fit. The fitness industry has seen an unprecedented rise in recent years as more and more people are realising the importance of being physically active to stay healthy.
Application Insights:
The market is segmented by application into age 18 and younger, age 31-45, and above 45 years. The fitness equipment segment dominated the global market in 2017 owing to a rise in demand for commercial gymnasiums among all age groups. This trend is expected to continue over the forecast period as commercial gyms account for a major share of overall revenue.
In addition, fitness equipment such as treadmills are preferred by most individuals due to their ability to burn calories at an optimum rate of intensity. Fitness centers also offer various types of cardiovascular training machines that help improve heart health along with core strength and flexibility training on different levels depending upon one¢â‚¬â„¢s ability or comfort level with exercise routines.
Global fitness equipment.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding fitness and health, presence of well-established gyms and fitness centers, as well as a large number of corporate wellness programs in countries, such as U.S., Canada, and Mexico. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income levels coupled with growing penetration of organized sports leagues for instance; Cricket Australia League (CAL), Indian Premier League (IPL), Big Bash League (BBL) among others in countries like India, China Pakistan & Bangladesh (ICPBD).
Growth Factors:
- Increasing awareness about the importance of fitness and healthy lifestyle
- Rising disposable income of the population
- Growing trend of health and fitness consciousness among people
- Proliferation of health clubs, gyms, and other fitness centers
- Technological advancements in the design and manufacturing of fitness equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Fitness Equipment and Indoor Sports Centers Market Research Report
By Type
Indoor Sports, Fitness equipment, Studio Classes
By Application
Age 18 and younger, Age 31-45, Age above 45
By Companies
24 Hours Fitness, LA Fitness, Anytime Fitness, Planet Fitness, Equinox, Lifetime Fitness, Gold's Gym, EOS Fitness, Club Fitness, Formula Fitness Club, The Bay CLub
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Fitness Equipment and Indoor Sports Centers Market Report Segments:
The global Fitness Equipment and Indoor Sports Centers market is segmented on the basis of:
Types
Indoor Sports, Fitness equipment, Studio Classes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Age 18 and younger, Age 31-45, Age above 45
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 24 Hours Fitness
- LA Fitness
- Anytime Fitness
- Planet Fitness
- Equinox
- Lifetime Fitness
- Gold's Gym
- EOS Fitness
- Club Fitness
- Formula Fitness Club
- The Bay CLub
Highlights of The Fitness Equipment and Indoor Sports Centers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Indoor Sports
- Fitness equipment
- Studio Classes
- By Application:
- Age 18 and younger
- Age 31-45
- Age above 45
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fitness Equipment and Indoor Sports Centers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fitness equipment and indoor sports centers are places where people can go to exercise. Fitness equipment may include machines that help people lose weight, build muscle, or improve their cardiovascular health. Indoor sports centers may offer a variety of activities such as basketball, tennis, soccer, and track and field.
Some of the major companies in the fitness equipment and indoor sports centers market are 24 Hours Fitness, LA Fitness, Anytime Fitness, Planet Fitness, Equinox, Lifetime Fitness, Gold's Gym, EOS Fitness, Club Fitness, Formula Fitness Club, The Bay CLub.
The fitness equipment and indoor sports centers market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fitness Equipment and Indoor Sports Centers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fitness Equipment and Indoor Sports Centers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fitness Equipment and Indoor Sports Centers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fitness Equipment and Indoor Sports Centers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fitness Equipment and Indoor Sports Centers Market Size & Forecast, 2020-2028
4.5.1 Fitness Equipment and Indoor Sports Centers Market Size and Y-o-Y Growth
4.5.2 Fitness Equipment and Indoor Sports Centers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Indoor Sports
5.2.2 Fitness equipment
5.2.3 Studio Classes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Age 18 and younger
6.2.2 Age 31-45
6.2.3 Age above 45
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fitness Equipment and Indoor Sports Centers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fitness Equipment and Indoor Sports Centers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Indoor Sports
9.6.2 Fitness equipment
9.6.3 Studio Classes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Age 18 and younger
9.10.2 Age 31-45
9.10.3 Age above 45
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Indoor Sports
10.6.2 Fitness equipment
10.6.3 Studio Classes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Age 18 and younger
10.10.2 Age 31-45
10.10.3 Age above 45
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Indoor Sports
11.6.2 Fitness equipment
11.6.3 Studio Classes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Age 18 and younger
11.10.2 Age 31-45
11.10.3 Age above 45
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Indoor Sports
12.6.2 Fitness equipment
12.6.3 Studio Classes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Age 18 and younger
12.10.2 Age 31-45
12.10.3 Age above 45
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Indoor Sports
13.6.2 Fitness equipment
13.6.3 Studio Classes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Age 18 and younger
13.10.2 Age 31-45
13.10.3 Age above 45
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fitness Equipment and Indoor Sports Centers Market: Competitive Dashboard
14.2 Global Fitness Equipment and Indoor Sports Centers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 24 Hours Fitness
14.3.2 LA Fitness
14.3.3 Anytime Fitness
14.3.4 Planet Fitness
14.3.5 Equinox
14.3.6 Lifetime Fitness
14.3.7 Gold's Gym
14.3.8 EOS Fitness
14.3.9 Club Fitness
14.3.10 Formula Fitness Club
14.3.11 The Bay CLub
