Market Overview:
The global fitness equipment for home use market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about health and fitness, rising disposable income, and growing demand for home-based exercise equipment. The treadmill segment is expected to hold the largest share of the global fitness equipment for home use market in 2018, followed by the exercise bike segment. The elliptical segment is projected to grow at the highest CAGR during the forecast period. In terms of application, private use is expected to account for a larger share of the global fitness equipment for home use market than community use in 2018. However, community use is projected to grow at a higher CAGR during the forecast period.
Product Definition:
Fitness Equipment for Home Use is any equipment that can be used to improve or maintain fitness levels. This could include anything from a simple set of weights to a full-blown home gym. The importance of Fitness Equipment for Home Use varies depending on the person. For some, having their own equipment at home is the only way they can consistently get in a good workout; for others, it's just another tool in their arsenal.
Treadmill:
Treadmill is a device used for walking or running at different speeds. It's basically an inclined plane with two wheels and a handle attached to it, which can be used for exercise. The tread of the treadmill is usually made up of several thin metal wires that are spread out in the form of a network, which provides stability to the device while walking or running on it.
Exercise Bike:
Exercise bike and it's usage in fitness equipment for home use is a device that helps to burn the extra calories of the body. It works on an electric bicycle mechanism, by providing small continuous circles of resistance as compared to traditional bikes which provide large fluctuating circles of resistance. The exercise bike helps in burning fats and calories, thereby increasing the metabolism rate of the human body.
Application Insights:
The private use segment dominated the global fitness equipment for home use market in 2017, accounting for more than 60.0% share of the total revenue. This is attributed to rising disposable income and growing awareness among individuals regarding their health and well-being. Moreover, a rise in product launches is expected to positively impact industry growth over the forecast period. For instance, Technogym launched its Treadmill Series 2015 with features such as automatic workout programs and heart rate monitoring systems which gained high popularity among users across the globe.
The community use segment is anticipated to witness significant growth over the forecast period owing to increasing government initiatives toward making gyms or fitness centers available at schools, colleges or universities at an affordable cost for students and faculty members.
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 about fitness and strong presence of key manufacturers in this region. Asia Pacific, on the other hand, is anticipated to witness significant growth over the next eight years owing to rising health concerns among people coupled with improving economic status of women in countries like India and China. Moreover, increasing disposable income levels are also expected to drive regional demand during the forecast period.
Europe accounted for a major share due to high adoption of fitness products that help achieve various health benefits at home as well as while traveling across Europe for work or leisure purposes. In addition, growing popularity of outdoor exercising facilities along with supportive government initiatives will further boost regional demand over the coming years (Kumar & Srinivasan 2018). Latin America has also witnessed positive growth owing towards rising consumer spending on wellness activities such as gym memberships and personal training sessions (Sanchez 2016).
Growth Factors:
- Increasing awareness about the importance of fitness and health among people, especially in developed countries.
- Rising disposable income of people, especially in developed countries, which enables them to spend more on fitness equipment for home use.
- Growing trend of working out at home instead of going to the gym, due to busy lifestyles and rising membership fees at gyms.
- Increasing demand for compact and portable fitness equipment that can be used conveniently at home without taking up too much space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fitness Equipment for Home Use Market Research Report
By Type
Treadmill, Exercise Bike, Elliptical, Rower, Strength Equipment, Others
By Application
Private Use, Community Use
By Companies
ICON Health & Fitness, Life Fitness, Peloton, Technogym, Precor, Nautilus, Johnson Health Tech, Dyaco, Impulse, Shuhua Sports, ICON Health & Fitness, Shanxi Orient, WaterRower, WNQ Fitness, BH Fitness, Concept2, Landice
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Fitness Equipment for Home Use Market Report Segments:
The global Fitness Equipment for Home Use market is segmented on the basis of:
Types
Treadmill, Exercise Bike, Elliptical, Rower, Strength Equipment, Others
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
Private Use, Community Use
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:
- ICON Health & Fitness
- Life Fitness
- Peloton
- Technogym
- Precor
- Nautilus
- Johnson Health Tech
- Dyaco
- Impulse
- Shuhua Sports
- ICON Health & Fitness
- Shanxi Orient
- WaterRower
- WNQ Fitness
- BH Fitness
- Concept2
- Landice
Highlights of The Fitness Equipment for Home Use 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:
- Treadmill
- Exercise Bike
- Elliptical
- Rower
- Strength Equipment
- Others
- By Application:
- Private Use
- Community Use
- 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 for Home Use 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
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- Consumer Insights
- Understanding Competition Scenario
- 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 for home use includes items such as treadmills, elliptical trainers, stationary bikes, and weight machines. These devices can help people to improve their fitness levels and reduce the risk of developing health problems such as obesity or heart disease.
Some of the key players operating in the fitness equipment for home use market are ICON Health & Fitness, Life Fitness, Peloton, Technogym, Precor, Nautilus, Johnson Health Tech, Dyaco, Impulse, Shuhua Sports, ICON Health & Fitness, Shanxi Orient, WaterRower, WNQ Fitness, BH Fitness, Concept2, Landice.
The fitness equipment for home use market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fitness Equipment for Home Use 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 for Home Use Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fitness Equipment for Home Use 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 for Home Use 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 for Home Use Market Size & Forecast, 2018-2028
4.5.1 Fitness Equipment for Home Use Market Size and Y-o-Y Growth
4.5.2 Fitness Equipment for Home Use Market Absolute $ Opportunity
Chapter 5 Global Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Type
5.2.1 Treadmill
5.2.2 Exercise Bike
5.2.3 Elliptical
5.2.4 Rower
5.2.5 Strength Equipment
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Applications
6.2.1 Private Use
6.2.2 Community Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fitness Equipment for Home Use 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 for Home Use 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 Fitness Equipment for Home Use Analysis and Forecast
9.1 Introduction
9.2 North America Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Type
9.6.1 Treadmill
9.6.2 Exercise Bike
9.6.3 Elliptical
9.6.4 Rower
9.6.5 Strength Equipment
9.6.6 Others
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 Fitness Equipment for Home Use Market Size Forecast by Applications
9.10.1 Private Use
9.10.2 Community Use
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 Fitness Equipment for Home Use Analysis and Forecast
10.1 Introduction
10.2 Europe Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Type
10.6.1 Treadmill
10.6.2 Exercise Bike
10.6.3 Elliptical
10.6.4 Rower
10.6.5 Strength Equipment
10.6.6 Others
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 Fitness Equipment for Home Use Market Size Forecast by Applications
10.10.1 Private Use
10.10.2 Community Use
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 Fitness Equipment for Home Use Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Type
11.6.1 Treadmill
11.6.2 Exercise Bike
11.6.3 Elliptical
11.6.4 Rower
11.6.5 Strength Equipment
11.6.6 Others
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 Fitness Equipment for Home Use Market Size Forecast by Applications
11.10.1 Private Use
11.10.2 Community Use
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 Fitness Equipment for Home Use Analysis and Forecast
12.1 Introduction
12.2 Latin America Fitness Equipment for Home Use 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 Fitness Equipment for Home Use Market Size Forecast by Type
12.6.1 Treadmill
12.6.2 Exercise Bike
12.6.3 Elliptical
12.6.4 Rower
12.6.5 Strength Equipment
12.6.6 Others
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 Fitness Equipment for Home Use Market Size Forecast by Applications
12.10.1 Private Use
12.10.2 Community Use
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) Fitness Equipment for Home Use Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fitness Equipment for Home Use 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) Fitness Equipment for Home Use Market Size Forecast by Type
13.6.1 Treadmill
13.6.2 Exercise Bike
13.6.3 Elliptical
13.6.4 Rower
13.6.5 Strength Equipment
13.6.6 Others
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) Fitness Equipment for Home Use Market Size Forecast by Applications
13.10.1 Private Use
13.10.2 Community Use
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 for Home Use Market: Competitive Dashboard
14.2 Global Fitness Equipment for Home Use Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICON Health & Fitness
14.3.2 Life Fitness
14.3.3 Peloton
14.3.4 Technogym
14.3.5 Precor
14.3.6 Nautilus
14.3.7 Johnson Health Tech
14.3.8 Dyaco
14.3.9 Impulse
14.3.10 Shuhua Sports
14.3.11 ICON Health & Fitness
14.3.12 Shanxi Orient
14.3.13 WaterRower
14.3.14 WNQ Fitness
14.3.15 BH Fitness
14.3.16 Concept2
14.3.17 Landice
