Fitness Equipment (Cardiovascular & Strength) Market Overview, 2022-2027

The report titled “Global Fitness Equipment Market Overview, 2022-2027” provides a complete in-depth analysis of the fitness equipment market globally along with the historical and forecasted performance of each region. Globally the fitness equipment market has been growing at a rapid pace. The market, which was just concentrated majorly in regions like North-America and Europe, has expanded with a rapid growth rate in the potential markets like Asia-Pacific, Latin-America and Middle-East and Africa. Various emerging economies with improved lifestyles, increased spending on fitness activates, and others, have led the manufacturing companies to expand their manufacturing facilities globally. Some of the major fitness equipment manufacturing companies expanded its reach at the global stage are Icon health & fitness INC, Life fitness, Johnson Health Tech co ltd., Nautilus inc, Technogym, etc. This expansion fitness equipment industry has been attributed to the increase in health and fitness awareness majorly among the young and old age groups.

At the global stage, the fitness equipment industry has been generating its highest revenue share from health and fitness clubs. These health & fitness clubs are a major part of the commercial segment of the fitness equipment market. Apart from this, extended facility towards corporate wellness, hotels, malls, and other institutions have let the commercial segment of the fitness equipment market to dominate the market. On the contrary, in-home fitness has gained much popularity in recent years. Companies have taken the opportunity to manufacture home-specific fitness equipment to allure consumers' attraction. This includes traditional equipment like dumbbells, weight plates, treadmills, stationary bikes along with modernized equipment like resistance bands & tubes, hydraulic equipment, indoor rowing machine, elliptical, etc.

Extension of all kinds of home base fitness equipment has let the segment to grow with a CAGR of over 3.2% till the year 2021. With the increasing attraction of fitness equipment at home as well as in gyms, the cardiovascular equipment category in the market accounts for the largest share. Cardiovascular workout equipment facilitates physical activity that the human body can utilize to promote good health, manage weight, and even relieve stress. On the other hand, resistance training, free weight training, cross-fit training, etc. have evolved the way of strength training. Also, the flexible and non-weighted equipment like hydraulic equipment and resistance band has enhanced consumer’s workout experience. With the inclusion of a more new line of equipment the strength equipment segment of the market is expected to register significant market growth during the forecast period.

Major companies in the report:

Icon Health & Fitness Inc, Life Fitness, Johnson Health Tech Co. Ltd, Nautilus INC, True Fitness INC, Technogym S.P.A, Amer Sports Corporation, Torque Fitness LLC, Hoist Fitness Systems, Core Health & Fitness LLC, Precor Incorporated, Tuntari New Fitness B.V, Exigo, Body Solid Europe, Iron Grip Barbell Company, Tuffstuff Fitness International INC, Impulse (QingDao) Health Tech CO., LTD, Shuhua Sports Co Ltd, Rough Fitness, SportsArt Fitness, Inc., STINGRAY INT’L LTD, BFT Fitness, Acme Fitness, VIVA FITNESS, Dubai Sports LLC

Considered in the report

• Geography: Global
• Base year: 2021
• Historical year: 2016
• Estimated year: 2022
• Forecasted year: 2027

Aspects covered in the report

• Global fitness equipment market overview
• North-America fitness equipment market overview
• Europe fitness equipment market overview
• Asia-Pacific fitness equipment market overview
• Latin-America fitness equipment market overview
• Middle-East & Africa fitness equipment market overview
• Global cardiovascular fitness equipment market overview
• Global strength fitness equipment market overview
• Policy & regulations
• Porters five force model
• Company profile of top players
• Strategic recommendation

Segments covered in the market

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle-East & Africa

By Type

• Cardiovascular
• Strength

By Cardiovascular fitness equipment

• Treadmill
• Stationary bike
• Elliptical trainer
• Rowing machine
• Cross Country ski
• Stair stepper

By Strength fitness equipment

• Dumbbells
• Weight plates
• Hydraulic equipment
• Resistance band & tubes

By End-User

• Commercial
• Residential

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the fitness equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.


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