Global Fitness Equipment Market Segments 2024, Forecast To 2033
5 Mar, 2024
The fitness equipment market has steadily grown from $13.94 billion in 2023 to $14.52 billion in 2024 at a CAGR of 4.2%. This growth is attributed to economic factors and health awareness. Expected to reach $17.51 billion in 2028, factors include wellness trends and online fitness platforms.
Global Fitness Equipment Market Key Driver
The fitness equipment market is set to grow with the increasing prevalence of obesity. Obesity poses health risks, and fitness equipment helps individuals manage weight through aerobic workouts. Globally, 650 million adults, 340 million teenagers, and 39 million children are obese. The rising prevalence of obesity propels the growth of the fitness equipment market.
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The fitness equipment market covered in this report is segmented –
1) By Type: Cardiovascular Training Equipment, Strength Training Equipment, Other Equipment
2) By Buyer Type: Individual, Institution, Other Buyer Types
3) By Gender: Male, Female
4) By Application: Weight Loss, Body Building, Physical Fitness, Mental Fitness, Other Applications
5) By End User: Health Clubs Or Gyms, Home Consumer, Hotels, Corporates, Hospital And Medical Centers, Public Institutions
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the fitness equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the fitness equipment market report during the forecast period. The regions covered in the fitness equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Fitness Equipment Industry Players
Core Health & Fitness LLC; Impulse Health Tech Co. Ltd.; Nautilus Inc.; Johnson Health Tech. Co. Ltd.; Technogym S.p.A; True Fitness Technology Inc.; Icon Health & Fitness Inc.; Peloton Interactive Inc.; Torque Fitness LLC; iFIT.com; Rogue Fitness; Jerai Fitness Private Limited; Cosco Sports Equipment; Shuhua Sports Co. Ltd.; Brunswick Corporation; Body-Solid Inc.; Precor Incorporated; Shandong Aoxinde Fitness Equipment Co. Ltd.; BFT Fitness; Shanghai Define Health Tech Co. Ltd.; Realleader Fitness Co. Ltd.; Amer Sports Corporation; Afton Health and Fitness; Dyaco International Inc.; Decathlon Group; NordicTrack; Matrix Fitness; Horizon Fitness; Synca Wellness; Tempo Fitness; Yanre Fitness; Origin Fitness
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AIOps Fitness Equipment Market Overview
Fitness equipment refers to a tool used to provide fitness services. Fitness equipment is made to help users and athletes improve their fitness. They come in a variety of design sand each one has elements that focus on particular body areas or muscle groups.
Fitness Equipment Global Market Report 2023 provides data on the global fitness equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fitness equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.