Market Overview:
The global household gym equipment market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about health and fitness, rising disposable income, and growing demand for home gym equipment from women. However, high cost of equipment is restraining the growth of this market. On the basis of type, kettlebells are expected to lead the global household gym equipment market with a share of more than 30%. This can be attributed to their low cost and easy portability. Dumbbells are also anticipated to witness significant growth during the forecast period owing to their ability to target multiple muscle groups simultaneously. Regionally, North America is estimated dominate the global household gym equipment market in 2018 with a share of more than 35%. This can be attributedto th e presenceof major players such as Johnson Health Tech Co., Ltd., Amer Sports Corporation,, Technogym SPA,, Brunswick Corporation,, Nautilus Inc., and others in this region coupled with rising demand for home fitness equipments from consumers in developed countries such as U .S .and Canada .
Product Definition:
Household gym equipment is a type of exercise equipment that can be used in the home. It includes items such as weight benches, treadmills, and stationary bikes. These items can help people to get in shape or stay in shape without having to go to a gym.
Kettlebell:
Kettlebells are a type of weight training equipment that consists of a ball or globe, which is suspended from chains or cables. The kettlebell can be used to perform multiple exercises such as overhead presses, cleans, snatches and swings. It helps in building strength and power through the whole body. Kettlebells are gaining popularity among people who want to lose weight as they help in burning calories while performing an exercise.
Dumbbells:
Dumbbells are cast-iron weights with handles. They can be used to perform exercises similar to those performed by barbells and machines. The most common types of dumbbells found in gyms are 2-1/2 kg, 5 kg, 7 kg, 10 kg and 15 kg varieties. There is also a 20kg version but it is rare to find as it is more suitable for commercial use (i.e., for bodybuilding).
Application Insights:
Adults segment held the largest share of more than 60.0% in 2017. The large share is attributed to the increasing number of fitness centers and rising disposable income, especially in developed countries like U.S., Canada, U.K., Germany and Australia where gymnasiums are installed within residential buildings or shopping malls for free use by the consumers/residents.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing awareness about health and fitness among people in this region. Moreover, presence of a large number of gyms and high adoption rate for various types of gym equipment are some other factors driving growth in North America regional market.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to changing lifestyle patterns, growing disposable income levels among consumers along with increasing government initiatives for physical fitness programs across countries such as China and India that are contributing significantly toward overall growth in Asia Pacific regional market.
Growth Factors:
- Increasing awareness about the importance of physical 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 gym equipment and related services.
- Growing trend of working out at home instead of going to a gym or fitness center, due to busy lifestyles and rising membership fees at gyms/fitness centers.
- Proliferation of affordable home gym equipment options in the market, thanks to advancements in technology and growing competition among manufacturers/retailers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Household Gym Equipment Market Research Report
By Type
Kettlebell, Dumbbells, Short-loop Resistance Band, Treadmills, Rowing Machine, Stationary Bike, Others
By Application
Adults, Children
By Companies
Cybex International, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Household Gym Equipment Market Report Segments:
The global Household Gym Equipment market is segmented on the basis of:
Types
Kettlebell, Dumbbells, Short-loop Resistance Band, Treadmills, Rowing Machine, Stationary Bike, 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
Adults, Children
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:
- Cybex International
- Precor
- Technogym
- Fitnessathome
- Fitness World
- Johnson Health Tech
- NordicTrack
- ProForm
- TRUE Fitness
- Vectra Fitness
- Woodway
- HOIST Fitness Systems
Highlights of The Household Gym 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:
- Kettlebell
- Dumbbells
- Short-loop Resistance Band
- Treadmills
- Rowing Machine
- Stationary Bike
- Others
- By Application:
- Adults
- Children
- 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 Household Gym 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
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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?
Household gym equipment is any piece of equipment that can be used in a home setting to help people stay fit. This could include things like exercise balls, resistance bands, and stair climbers.
Some of the key players operating in the household gym equipment market are Cybex International, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems.
The household gym 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 Household Gym 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 Household Gym Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Household Gym 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 Household Gym 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 Household Gym Equipment Market Size & Forecast, 2020-2028
4.5.1 Household Gym Equipment Market Size and Y-o-Y Growth
4.5.2 Household Gym Equipment 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 Kettlebell
5.2.2 Dumbbells
5.2.3 Short-loop Resistance Band
5.2.4 Treadmills
5.2.5 Rowing Machine
5.2.6 Stationary Bike
5.2.7 Others
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 Adults
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Household Gym 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 Household Gym 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 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 Kettlebell
9.6.2 Dumbbells
9.6.3 Short-loop Resistance Band
9.6.4 Treadmills
9.6.5 Rowing Machine
9.6.6 Stationary Bike
9.6.7 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 Market Size Forecast by Applications
9.10.1 Adults
9.10.2 Children
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 Kettlebell
10.6.2 Dumbbells
10.6.3 Short-loop Resistance Band
10.6.4 Treadmills
10.6.5 Rowing Machine
10.6.6 Stationary Bike
10.6.7 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 Market Size Forecast by Applications
10.10.1 Adults
10.10.2 Children
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 Kettlebell
11.6.2 Dumbbells
11.6.3 Short-loop Resistance Band
11.6.4 Treadmills
11.6.5 Rowing Machine
11.6.6 Stationary Bike
11.6.7 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 Market Size Forecast by Applications
11.10.1 Adults
11.10.2 Children
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 Kettlebell
12.6.2 Dumbbells
12.6.3 Short-loop Resistance Band
12.6.4 Treadmills
12.6.5 Rowing Machine
12.6.6 Stationary Bike
12.6.7 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 Market Size Forecast by Applications
12.10.1 Adults
12.10.2 Children
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 Kettlebell
13.6.2 Dumbbells
13.6.3 Short-loop Resistance Band
13.6.4 Treadmills
13.6.5 Rowing Machine
13.6.6 Stationary Bike
13.6.7 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) Market Size Forecast by Applications
13.10.1 Adults
13.10.2 Children
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 Household Gym Equipment Market: Competitive Dashboard
14.2 Global Household Gym Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cybex International
14.3.2 Precor
14.3.3 Technogym
14.3.4 Fitnessathome
14.3.5 Fitness World
14.3.6 Johnson Health Tech
14.3.7 NordicTrack
14.3.8 ProForm
14.3.9 TRUE Fitness
14.3.10 Vectra Fitness
14.3.11 Woodway
14.3.12 HOIST Fitness Systems
