DUBLIN--(BUSINESS WIRE)--Oct 11, 2021--
The "Home Fitness Equipment Global Market Report 2021: COVID-19 Implications and Growth to 2030" report has been added to ResearchAndMarkets.com's offering.
The global home fitness equipment market is expected to grow from $8.42 billion in 2020 to $9.9 billion in 2021 at a compound annual growth rate (CAGR) of 17.6%. The market is expected to reach $8.34 billion in 2025 at a CAGR of -4%.
Major players in the home fitness equipment market are Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, and True Fitness.
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.
Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios.
They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world's first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting.
Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment.
Key Topics Covered:
1. Executive Summary
2. Home Fitness Equipment Market Characteristics
3. Home Fitness Equipment Market Trends and Strategies
4. Impact Of COVID-19 On Home Fitness Equipment
5. Home Fitness Equipment Market Size and Growth
5.1. Global Home Fitness Equipment Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Home Fitness Equipment Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market
6. Home Fitness Equipment Market Segmentation
6.1. Global Home Fitness Equipment Market, Segmentation by Product, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Elliptical machines
- Rowing machines
- Strength training equipment
6.2. Global Home Fitness Equipment Market, Segmentation by Applications, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Small Gyms
6.3. Global Home Fitness Equipment Market, Segmentation by Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Offline Retail Stores
- Online Retail Stores
- Direct Selling
7. Home Fitness Equipment Market Regional and Country Analysis
7.1. Global Home Fitness Equipment Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Home Fitness Equipment Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Fitness World
- Johnson Health Tech
- TRUE Fitness
- Vectra Fitness
- HOIST Fitness Systems
- Amer Sports
- Icon Health and Fitness
- Torque Fitness LLC
- Impulse (Qingdao) Health Tech Co. Ltd.
- Brunswick Corporation
For more information about this report visit https://www.researchandmarkets.com/r/eddzjk
View source version on businesswire.com:https://www.businesswire.com/news/home/20211011005298/en/
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SOURCE: Research and Markets
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PUB: 10/11/2021 06:21 AM/DISC: 10/11/2021 06:21 AM