How Global Home Fitness Equipment Market Players Should Strategize For 2022-2031

The global home fitness equipment market size is expected to grow from $13.81 billion in 2021 to $15.13 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The home fitness market is expected to grow to $21.84 billion in 2026 at a CAGR of 9.6%.

What is the Global Home Fitness Equipment Market?

The market for home fitness equipment consists of sales of fitness equipment used at home. Home fitness equipment includes devices and machines used for performing and monitoring physical exercises at home for management of weight, improving stamina, developing muscle strength, improving appearance and personality, burning excess fat, simulating heart rate, or treating and recovering from medical conditions and to maintain overall health and fitness. The market consists of revenue generated by the companies manufacturing home fitness equipment by the sales of these products.

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What drives the Global Home Fitness Equipment Market?

Precautionary healthcare coupled with increasing preference for customized workout regime has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases. According to Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market.

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Global Home Fitness Equipment Market Segments
The global home fitness equipment market is segmented:
By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Others
By Application: Home, Small Gyms, Offices, Others
By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling
By Geography: The regions covered in the home fitness equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Home Fitness Equipment Global Market Report 2022 provides market size and growth forecasts for the global home fitness equipment market, global home fitness equipment market share, home fitness equipment market segments and geographies, home fitness equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The home fitness equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Home Fitness Equipment Industry Playersinclude Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, HOIST Fitness Systems, Amer Sports, Icon Health And Fitness, Torque Fitness LLC, Impulse (Qingdao) Health Tech Co. Ltd., Brunswick Corporation and Paramount. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.