The dynamic home fitness equipment market offers cardiovascular training equipment and strength training equipment. Sales channels include both online and offline platforms. With a promising industry forecast from 2023 to 2030, it presents significant growth opportunities.
Westford USA, Aug. 03, 2023 (GLOBE NEWSWIRE) — The global Home Fitness Equipment market size is expected to reach USD 17.3 billion by 2030 and exhibit a CAGR of 4.9% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing health and fitness consciousness among individuals, increasing adoption of home-based workout routines, rising demand for convenient and time-efficient fitness solutions, expanding awareness of the benefits of regular exercise for physical and mental well-being, the impact of the COVID-19 pandemic, which led to gym closures and a shift towards home workouts, advancements in technology enabling interactive and connected fitness equipment is fueling the market’s growth.
According to SkyQuest’s latest global research of the Home Fitness Equipment market, the rising popularity of smart and connected fitness devices, growing demand for space-saving and versatile workout equipment, increasing focus on personalized and adaptive fitness experiences, the emergence of virtual and on-demand fitness content, integration of AI and machine learning in fitness equipment, expanding use of wearable fitness technology, rising interest in gamification of workouts for motivation, the trend of incorporating eco-friendly and sustainable materials in equipment design, the surge in demand for home fitness equipment rentals and subscription-based services, and the growing preference for aesthetically pleasing and stylish fitness equipment that complements home interiors are the trends that aid in the market’s growth.
Browse in-depth TOC on “Home Fitness Equipment Market”
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Pages – 242
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Tables – 176
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Figures -79
Home fitness equipment is any piece of equipment that is used to exercise in the home. It can include treadmills, ellipticals, stationary bikes, weight machines, yoga mats, and resistance bands. Home fitness equipment can help people to stay active and healthy at home, without having to go to a gym.
Prominent Players in Home Fitness Equipment Market
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Icon Health & Fitness
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Core Health & Fitness
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Johnson Health Tech
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Nautilus
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Lifecore Fitness
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BH Fitness
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Stamina
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NordicTrack
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Bowflex
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Peloton
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Treadmill Desk
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Sunny Health & Fitness
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Freemotion
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Life Fitness
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Matrix
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Precor
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Concept2
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Echelon
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Schwinn
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Report Scope & Segmentation:
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Attributes |
Details |
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Forecast Period |
2023-2030 |
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Market Size in 2022 |
11.8 Billion |
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2030 Value Projection |
17.3 |
