The Fitness Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Fitness Equipment Market?
The market size of the fitness equipment industry has been on a consistent growth trajectory in the past few years. It is projected to rise from $14.43 billion in 2024 to $15.03 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Fitness Equipment Industry?
The fitness equipment market is projected to reach $18.79 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.7%.
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What are the Key Growth Drivers Fueling the Fitness Equipment Market?
The key drivers in the fitness equipment market are:
• Rising health and wellness trends
• Increasing usage of online fitness platforms
• Enhanced focus on personalization in fitness
• Demand for sustainable and eco-friendly equipment
Global Market Segmentation: Identifying Major Fitness Equipment Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Fitness Equipment Market?
The key trends in the fitness equipment market are:
• The fitness equipment market is pivoting towards the production of smart and connected equipment.
• The shift towards home fitness, popularized during the pandemic, is becoming a key trend.
• Virtual fitness experiences will continue to shape the future of fitness equipment.
• The demand for sustainable and eco-friendly designs, and fitness equipment that integrates with health monitoring is growing.
Who Are the Top Competitors & Leading Players in the Fitness Equipment Market?
Major companies in the fitness equipment market are:
• 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.
• Body-Solid Inc.
• Shandong Aoxinde Fitness Equipment Co. Ltd.
• BFT Fitness
• Shanghai Define Health Tech Co. Ltd.
• Realleader Fitness Co. Ltd.
• Amer Sports Corporation
• Dyaco International Inc.
• Decathlon Group
• NordicTrack
• Matrix Fitness
• Horizon Fitness
• Synca Wellness
• Tempo Fitness
• Yanre Fitness
• Origin Fitness
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the fitness equipment market in 2024
