Home Gym Equipment Market Research Report - Forecast till 2030

Home Gym Equipment Market Research Report: By Equipment Type (Cardiovascular Training Equipment, Strength Training Equipment) and By Distribution Channel (Store-Based, Non-Store-Based) – Forecast to 2030

ID: MRFR/CR/7010-HCR | August 2022 | Region: Global | 111 Pages         

Table of Contents

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. MARKET RESEARCH METHODOLOGY

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. MARKET LANDSCAPE

4.1. Supply Chain Analysis

4.1.1. Raw Material Suppliers

4.1.2. Manufacturers/Producers

4.1.3. Distributors/Retailers/Wholesalers/E-Commerce

4.1.4. End Users

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitutes

4.2.5. Internal Rivalry

5. MARKET DYNAMICS OF THE GLOBAL HOME GYM EQUIPMENT MARKET

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

6. GLOBAL HOME GYM EQUIPMENT MARKET, BY EQUIPMENT TYPE

6.1. Introduction

6.2. Cardiovascular Training Equipment

6.2.1. Treadmills

6.2.2. Elliptical Trainers

6.2.3. Exercise Bikes

6.2.4. Rowing Machines

6.2.5. Stairs Machines

6.2.6. Upper Body Trainers

6.2.7. Others

6.2.8. Cardiovascular Training Equipment: Market Estimates & Forecast, by Type, 2020–2027

6.2.9. Cardiovascular Training Equipment: Market Estimates & Forecast, by Region, 2020–2027

6.3. Strength Training Equipment

6.3.1. Extension Machines

6.3.2. Multigyms & Cable Stations

6.3.3. Benches & Racks

6.3.4. Free Weights

6.3.5. Plate Loaded

6.3.6. Others

6.3.7. Strength Training Equipment: Market Estimates & Forecast, by Type, 2020–2027

6.3.8. Strength Training Equipment: Market Estimates & Forecast, by Region, 2020–2027

6.4. Other Equipment

6.4.1. Other Equipment: Market Estimates & Forecast, 2020–2027

6.4.2. Other Equipment: Market Estimates & Forecast, by Region, 2020–2027

7. GLOBAL HOME GYM EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Store-Based

7.2.1. Store-Based: Market Estimates & Forecast, 2020–2027

7.2.2. Store-Based: Market Estimates & Forecast, by Region, 2020–2027

7.2.3. Hypermarkets & Supermarkets

7.2.3.1. Hypermarkets & Supermarkets: Market Estimates & Forecast, by Region, 2020–2027

7.2.4. Specialty Stores

7.2.4.1. Specialty Stores: Market Estimates & Forecast, by Region, 2020–2027

7.2.5. Others

7.2.5.1. Others: Market Estimates & Forecast, by Region, 2020–2027

7.3. Non-Store-Based

7.3.1. Non-Stored Based: Market Estimates & Forecast, by Region, 2020–2027

8. GLOBAL HOME GYM EQUIPMENT MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.2.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.4. Market Estimates & Forecast, by Country, 2020–2027

8.2.5. US

8.2.5.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.2.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.6. Canada

8.2.6.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.2.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.7. Mexico

8.2.7.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.2.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3. Europe

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.4. Market Estimates & Forecast, by Country, 2020–2027

8.3.5. Germany

8.3.5.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.6. UK

8.3.6.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.7. France

8.3.7.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.8. Spain

8.3.8.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.8.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.9. Italy

8.3.9.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.9.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.10. Rest of Europe

8.3.10.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.3.10.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, 2020–2027

8.4.2. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.4. Market Estimates & Forecast, by Country, 2020–2027

8.4.5. China

8.4.5.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.6. Japan

8.4.6.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.7. India

8.4.7.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.8. Australia & New Zealand

8.4.8.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.8.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.9. Rest of Asia-Pacific

8.4.9.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.4.9.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, 2020–2027

8.5.2. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.4. Market Estimates & Forecast, by Region, 2020–2027

8.5.5. South America

8.5.5.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.5.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.6. Middle East

8.5.6.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.5.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.7. Africa

8.5.7.1. Market Estimates & Forecast, by Equipment Type, 2020–2027

8.5.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Market Strategy

9.3. Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. COMPANY PROFILES

10.1. Cybex International, Inc.

10.1.1. Company Overview

10.1.2. Financial Updates

10.1.3. Product/Business Segment Overview

10.1.4. Strategies

10.1.5. Key Developments

10.1.6. SWOT Analysis

10.2. Icon Health & Fitness, Inc.

10.2.1. Company Overview

10.2.2. Financial Updates

10.2.3. Product/Business Segment Overview

10.2.4. Strategies

10.2.5. Key Developments

10.2.6. SWOT Analysis

10.3. Nautilus, Inc.

10.3.1. Company Overview

10.3.2. Financial Updates

10.3.3. Product/Business Segment Overview

10.3.4. Strategies

10.3.5. Key Developments

10.3.6. SWOT Analysis

10.4. Technogym S.p.A

10.4.1. Company Overview

10.4.2. Financial Updates

10.4.3. Product/Business Segment Overview

10.4.4. Strategies

10.4.5. Key Developments

10.4.6. SWOT Analysis

10.5. Johnson Health Tech. Co., Ltd.

10.5.1. Company Overview

10.5.2. Financial Updates

10.5.3. Product/Business Segment Overview

10.5.4. Strategies

10.5.5. Key Developments

10.5.6. SWOT Analysis

10.6. Amer Sports Oyj

10.6.1. Company Overview

10.6.2. Financial Updates

10.6.3. Product/Business Segment Overview

10.6.4. Strategies

10.6.5. Key Developments

10.6.6. SWOT Analysis

10.7. True Fitness Technology, Inc.

10.7.1. Company Overview

10.7.2. Financial Updates

10.7.3. Product/Business Segment Overview

10.7.4. Strategies

10.7.5. Key Developments

10.7.6. SWOT Analysis

10.8. Vectra Fitness Parts LLC.

10.8.1. Company Overview

10.8.2. Financial Updates

10.8.3. Product/Business Segment Overview

10.8.4. Strategies

10.8.5. Key Developments

10.8.6. SWOT Analysis

10.9. HOIST Fitness Systems, Inc.

10.9.1. Company Overview

10.9.2. Financial Updates

10.9.3. Product/Business Segment Overview

10.9.4. Strategies

10.9.5. Key Developments

10.9.6. SWOT Analysis

10.10. Tunturi New Fitness B.V.

10.10.1. Company Overview

10.10.2. Financial Updates

10.10.3. Product/Business Segment Overview

10.10.4. Strategies

10.10.5. Key Developments

10.10.6. SWOT Analysis

10.11. Fitness EM LLC.

10.11.1. Company Overview

10.11.2. Financial Updates

10.11.3. Product/Business Segment Overview

10.11.4. Strategies

10.11.5. Key Developments

10.11.6. SWOT Analysis

10.12. Kettler (GB) Limited

10.12.1. Company Overview

10.12.2. Financial Updates

10.12.3. Product/Business Segment Overview

10.12.4. Strategies

10.12.5. Key Developments

10.12.6. SWOT Analysis

10.13. Impulse (Qingdao) Health Tech Co., Ltd.

10.13.1. Company Overview

10.13.2. Financial Updates

10.13.3. Product/Business Segment Overview

10.13.4. Strategies

10.13.5. Key Developments

10.13.6. SWOT Analysis

10.14. DHZ Fitness Europe GmbH

10.14.1. Company Overview

10.14.2. Financial Updates

10.14.3. Product/Business Segment Overview

10.14.4. Strategies

10.14.5. Key Developments

10.14.6. SWOT Analysis

10.15. Hammer Sport AG

10.15.1. Company Overview

10.15.2. Financial Updates

10.15.3. Product/Business Segment Overview

10.15.4. Strategies

10.15.5. Key Developments

10.15.6. SWOT Analysis

11. APPENDIX

11.1. General Sources & References

11.2. List of Abbreviations

LIST OF TABLES

Table 1 Global Home Gym Equipment Market, by Region, 2020–2027 (USD Million)

Table 2 Global Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 3 Global Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 4 North America: Home Gym Equipment Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 6 North America: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 7 US: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 8 US: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 Canada: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 10 Canada: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 11 Mexico: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 12 Mexico: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 13 Europe: Home Gym Equipment Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 15 Europe: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 16 Germany: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 17 Germany: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 France: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 19 France: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 20 Italy: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 21 Italy: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Spain: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 23 Spain: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 24 UK: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 25 UK: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 26 Rest of Europe: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 27 Rest of Europe: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Home Gym Equipment Market, by Country, 2020–2027 (USD Million)

Table 29 Asia-Pacific: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 30 Asia-Pacific: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 China: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 32 China: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 33 India: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 34 India: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 35 Japan: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 36 Japan: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Australia & New Zealand: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 38 Australia & New Zealand: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 39 Rest of Asia-Pacific: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 40 Rest of Asia-Pacific: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Home Gym Equipment Market, by Region, 2020–2027 (USD Million)

Table 42 Rest of the World (RoW): Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 43 Rest of the World (RoW): Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 South America: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 45 South America: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 46 Middle East: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 47 Middle East: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

Table 48 Africa: Home Gym Equipment Market, by Equipment Type, 2020–2027 (USD Million)

Table 49 Africa: Home Gym Equipment Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Home Gym Equipment Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Home Gym Equipment Market

FIGURE 4 Value Chain of the Global Home Gym Equipment Market

FIGURE 5 Share of the Global Home Gym Equipment Market in 2020, by Country (%)

FIGURE 6 Global Home Gym Equipment Market, by Region, 2020–2027

FIGURE 7 Global Home Gym Equipment Market Size, by Equipment Type, 2020

FIGURE 8 Share of the Home Gym Equipment Market, by Equipment Type, 2020–2027 (%)

FIGURE 9 Global Home Gym Equipment Market Size, by Distribution Channel, 2020

FIGURE 10 Share of the Home Gym Equipment Market, by Distribution Channel, 2020–2027 (%)

Home Gym Equipment Market

Home Gym Equipment Market is projected to present a 4.80% CAGR to reach USD 8.62 billion by 2030

Segmentation

By Equipment Type Cardiovascular Training Equipment Strength Training Equipment
By Distribution Channel Store Based Non Store Based

Key Players

  • Cybex International Inc. (U.S.)
  • Impulse (Qingdao) Health Tech Co. Ltd (China)
  • Kettler (GB) Limited (U.K.)
  • Fitness EM LLC. (the U.S.)
  • Tunturi New Fitness B.V. (Netherlands)
  • DHZ Fitness Group GmbH (Germany)
  • Hammer Sport AG (Germany)
  • HOIST Fitness Systems Inc. (U.S.)
  • Vectra Fitness Parts LLC. (the U.S.)
  • True Fitness Technology Inc. (U.S.)
  • Amer Sports Oyj (Finland)
  • Johnson Health Tech. Co. Ltd (U.S.)
  • Technogym SpA (Italy)
  • Nautilus Inc. (U.S.)
  • Icon Health & Fitness Inc. (NordicTrack) (U.S.)

Drivers

  • Increase in the health consciousness
  • Growing cardiovascular disease and obesity
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Home Gym Equipment Market Synopsis


With the growing concern about health and fitness, gym equipment, or called fitness equipment helps in gaining muscle strength, increasing endurance, manage weight, and enhances stamina. Various home gym equipment is available but the most commonly used ones are elliptical machines, stationary bikes, and treadmills for doing cardiovascular exercises. It helps in burning excess fat and stimulating heart rate simultaneously and hence improves overall health and fitness. In the strength training equipment division, cable stations, benches and racks, and free weights are commonly used to improve muscle strength and appearance.


Home Gym Equipment Market in the global market is expected to grow at a high CAGR of 4.80% to account for a higher market share value of USD 8.62 billion by the end of the forecasted period (2020-2030).


COVID 19 Analysis


The situation of the global pandemic has affected the normal lives of people adversely. With the increasing outbreak of COVID 19, one has to deal with financial crises along with health concerns which have pushed the economies towards forced recession. The lockdown period has lead to the shutdown of various manufacturing and retail units of the Home Gym Equipment Market and hence resulted in a steep downfall in sales revenue.


However, it is expected that the market will recover from this pandemic situation at the end of the third quarter of the coming year.


Market Dynamics


Drivers


The home gym equipment market in the global market is increasing tremendously owing to changing trend towards an increase in the health consciousness among people of all age groups. Also, the growing cardiovascular disease and obesity are major concerns that are driving the hoke gym equipment market in the global market.


Opportunities


The global market is increasing rapidly. The growing advancement in technology provides various growth opportunities in the home gym equipment market to grow more in the global market. The availability of Bluetooth-enabled dumbbells and rowing machines also provides growth opportunities in the market in the global market. Also, the growing trend of online shopping provides growth opportunities for increasing sales of home gym equipment during the forecasted period.


Restraints


The home gym equipment market is growing at an increasing but some factors restrict the growth of the market in the global market. The high cost of home gym equipment is the major factor that hinders the growth of the market. Also, the availability of space for putting the large equipment is another constraint that hampers the growth of the market.


Value Chain Analysis


The home gym equipment market is increasing at a fast pace in the global market and has various benefits which add value to society as it helps in allowing diverse workouts at home, it does not have any time regulations as with the equipment at home we have 24×7 access to it. It also provides a high level of privacy in one’s comfort zone and it does not require any professional help which also makes it affordable to reach large masses.


Market Segmentation


The home gym equipment market in the global market has been divided based on the equipment type, and distribution channel.


Based on the Equipment Type


The global market has been divided based on the equipment type into cardiovascular training equipment and strength training equipment. The cardiovascular training equipment is the fastest-growing division and hence holds the largest market share in the market owing to changing lifestyle which is now shifted towards unhealthy diets and inactivity that causes various cardiovascular diseases and obesity and hence these tools help in maintaining and losing the weight for overall fitness and health. The other division which is strength training equipment is used to increase endurance and helps in muscle gaining. The demand for strength training equipment is expected to increase during the forecasted period.


Based on the Distribution Channels


Home Gym Equipment Market in the global market has been divided based on the distribution channels into store-based and non-store-based. The store-based distribution channel is further sub-divided into specialty stores, hypermarkets, and other retail stores. Owing to the presence of supermarkets and hypermarkets, the store-based distribution channels are expected to show a higher market during the forecasted period. Also, with the growing trend of online showing, the non-store-based distribution channels are showing a positive growth rate as it has a large variety and attractive offers that help in increasing the sales revenues in the global market during the forecasted period.


Regional Analysis


The home gym equipment market in the global market has been divided based on the region into the North American region, European region, Asia-Pacific region, and the rest of the world. The largest market share in the market in the global market is held by the North American region as during 2015, many people were suffering from chronic diseases and obesity so now the trend has shifted towards health consciousness and fitness which lead to an increase in demand for home gym equipment in the global market and hence this region dominates in the global market.


The second-largest market share in the market in the global market is held by the European region owing to increasing awareness regarding health issues, mental health, and fitness in the young generation boost the demand for market in the global market during the forecasted period. The third-largest market share in the market is held by the Asia-Pacific region as this region is the fastest-growing region in the global market and shows a positive growth rate towards the market. Also, the changing lifestyle, rapid urbanization, and increasing middle and upper-class population accelerated the growth of home gym equipment in the global market.


Competitive Landscape


The most prominent major key players in the home gym equipment market in the global market are as follows:



  • Cybex International, Inc. (U.S.)

  • Impulse (Qingdao) Health Tech Co., Ltd (China)

  • Kettler (GB) Limited (U.K.)

  • Fitness EM LLC. (the U.S.)

  • Tunturi New Fitness B.V. (Netherlands)

  • DHZ Fitness Group GmbH (Germany)

  • Hammer Sport AG (Germany)

  • HOIST Fitness Systems, Inc. (U.S.)

  • Vectra Fitness Parts LLC. (the U.S.)

  • True Fitness Technology, Inc. (U.S.)

  • Amer Sports Oyj (Finland)

  • Johnson Health Tech. Co., Ltd (U.S.)

  • Technogym SpA (Italy)

  • Nautilus, Inc. (U.S.)

  • Icon Health & Fitness, Inc. (NordicTrack) (U.S.)


These most prominent major key players in the home gym equipment market use various strategies like mergers and acquisitions, collaboration, partnership, developing a new product, establishing a joint venture, developing the new production process, and many others to expand their customer base in the global market.


Recent Developments



  • In 2018, the North American region holds the largest market share in the home gym equipment industry in the global market and dominates in the global market.

  • In June 2019, a partnership has been declared between NovoFit (having fitness equipment business in Australia) with Amer Sports brand, Peecor to increase the strength by capturing a larger market in the global market.

  • In October 2019, the first Bowflex indoor cycling Bike was launched by Nautilus Inc. which can be affordable by middle-class range and has much less price than the Peloton Bike. It was launched to increase the fitness drive among all the peoples.

  • In April 2020, a new partnership has been seen between Ironman World Championship, Ironman Virtual Racing Series events, Ironman 70.3 World Championship, and Technogym SpA to provide indoor training to the athletes.


Report Overview


This global home gym equipment market research report consist of the following elements:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This global home gym equipment market research report contains factors that drive the global market along with the factors that restrain the growth of the market. This research report also contains various growth opportunities available in the market during the forecasted period. The impact of COVID 19 on the market is also mentioned. The future growth rate of the market during the forecasted period is estimated and mentioned.



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Frequently Asked Questions (FAQ) :

Home Gym Equipment Market is projected to grow at a 4.80% CAGR between 2020-2030.

North America is expected to dominate the Home Gym Equipment Market.

Home Gym Equipment Market is predicted to touch USD 8.62 billion by 2030.

Store-based segment will dominate the Home Gym Equipment Market.

High equipment cost may limit the Home Gym Equipment Market.