Market Overview:
The global home workout equipment market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing awareness about health and fitness, rising disposable income, and growing demand for home gym equipment. The global home workout equipment market is segmented on the basis of type into treadmill, rowing machine, elliptical trainer, and others. The treadmill segment is expected to hold the largest share in the global home workout equipment market during the forecast period 2018-2030 owing to its high demand among consumers across all regions. The elliptical trainer segment is projected to grow at a highest CAGR during the forecast period due to its growing popularity among consumers for cardiovascular exercises. On basis of application, online sales accounted for majority share in 2017.
Product Definition:
Home workout equipment is any type of equipment that can be used to facilitate a workout in the home. This might include traditional gym machines, such as treadmills and weight benches, or it could encompass less common items like kettlebells or resistance bands. Home workout equipment can be important for a number of reasons. For one, it can help people stay fit without having to go to the gym or pay for expensive personal training sessions. Additionally, home workout equipment can be helpful for people who are unable to leave their homes due to injury or illness; using this type of equipment at home can allow them to continue their fitness routines without interruption.
Treadmill:
A treadmill is a device, which facilitates walking or running at the same speed as that of the machine. It's usually fixed in place and used for exercise training. Treadmills are available with different speeds depending upon the user’s requirement. The faster speeds are suitable for cardiovascular training while lower speeds are designed to improve muscular endurance and balance.
Rowing Machine:
Rowing machines are used for developing strength and endurance in the upper body. It works the entire body effectively except legs, arms, and back. The machine consists of two metal chains with wheels attached to them that operate like a seesaw and due to resistance generated by these wheels provide an exercise to muscles of shoulders, arms, back, glutes & hamstrings effectively working out all major muscles of the body.
Application Insights:
The offline sales segment dominated the global home workout equipment market in 2017. Offline channels such as fitness centers, gyms and sports clubs accounted for more than 70% of the total revenue share in 2017. This is attributed to factors such as increased spending on fitness equipment by large groups of people at a fixed location due to technological advancements that have made it possible for them to access remote locations easily and also due to rising disposable income levels across various regions globally.
Online home workout equipment sales are expected register notable growth over the forecast period owing to increasing internet penetration, growing demand among women aged 35-44 years old, who make up nearly 60% of all online buyers along with an increasing number of working professionals globally.
Regional Analysis:
North America dominated the global home workout equipment market in 2017. The region is expected to maintain its dominance over the forecast period as well. This growth can be attributed to increasing online and offline sales of home workout equipment in the U.S., Canada, and Mexico.
Growth Factors:
- Increasing awareness about the health benefits of working out at home
- Rising disposable income of consumers
- Growing demand for convenience and portability in fitness equipment
- Proliferation of online retail channels for selling workout equipment
- Advances in technology that have led to the development of more sophisticated and user-friendly home workout equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Workout Equipment Market Research Report
By Type
Treadmill, Rowing Machine, Elliptical Trainer, Others
By Application
Online Sales, Offline Sales
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
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Home Workout Equipment Market Report Segments:
The global Home Workout Equipment market is segmented on the basis of:
Types
Treadmill, Rowing Machine, Elliptical Trainer, 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
Online Sales, Offline Sales
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
Highlights of The Home Workout Equipment 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
- Rowing Machine
- Elliptical Trainer
- Others
- By Application:
- Online Sales
- Offline Sales
- 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 Home Workout Equipment 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
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Home workout equipment is any piece of equipment that can be used at home to help you stay fit. This could include weights, a treadmill, an elliptical trainer, or a stationary bike.
Some of the major players in the home workout equipment 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.
The home workout equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Workout Equipment 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 Home Workout Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Workout Equipment 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 Home Workout Equipment 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 Home Workout Equipment Market Size & Forecast, 2018-2028
4.5.1 Home Workout Equipment Market Size and Y-o-Y Growth
4.5.2 Home Workout Equipment Market Absolute $ Opportunity
Chapter 5 Global Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Type
5.2.1 Treadmill
5.2.2 Rowing Machine
5.2.3 Elliptical Trainer
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Workout Equipment 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 Home Workout Equipment 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 Home Workout Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Type
9.6.1 Treadmill
9.6.2 Rowing Machine
9.6.3 Elliptical Trainer
9.6.4 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 Home Workout Equipment Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Home Workout Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Type
10.6.1 Treadmill
10.6.2 Rowing Machine
10.6.3 Elliptical Trainer
10.6.4 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 Home Workout Equipment Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Home Workout Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Type
11.6.1 Treadmill
11.6.2 Rowing Machine
11.6.3 Elliptical Trainer
11.6.4 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 Home Workout Equipment Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Home Workout Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Workout Equipment 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 Home Workout Equipment Market Size Forecast by Type
12.6.1 Treadmill
12.6.2 Rowing Machine
12.6.3 Elliptical Trainer
12.6.4 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 Home Workout Equipment Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Home Workout Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Workout Equipment 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) Home Workout Equipment Market Size Forecast by Type
13.6.1 Treadmill
13.6.2 Rowing Machine
13.6.3 Elliptical Trainer
13.6.4 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) Home Workout Equipment Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Home Workout Equipment Market: Competitive Dashboard
14.2 Global Home Workout Equipment 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
