According to IMARC Group’s latest report, titled “Home Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global home fitness equipment market grew at a CAGR of around 4% during 2014-2019. Home fitness equipment are the devices used for monitoring physical exercises at home. These tools assist in weight management, improving stamina, and developing muscular strength. Few commonly used home fitness equipment include cardiovascular training equipment, such as treadmills, ellipticals, stationary bikes, and strength training equipment, such as free weight and plate loaded machines.
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The high prevalence of several lifestyle diseases, such as
atherosclerosis, cardiovascular ailments, obesity, diabetes, etc., is primarily
driving the market for home fitness equipment. Moreover, hectic work schedules
of the consumers, along with the wide availability of home fitness equipment
across both offline and online distribution channels, are further propelling
the market growth. Additionally, several equipment manufacturers are
increasingly investing in extensive R&D activities for the launch of
advanced and user-friendly home fitness equipment. Furthermore, the advent of
smart wearable devices, along with the rising compatibility of fitness
equipment with several fitness tracking apps, is further expected to drive the
market growth. Looking forward, IMARC Group expects the market to continue its
moderate growth during the next five years.
As the novel
coronavirus (COVID-19) crisis takes over the world, we are continuously
tracking the changes in the markets, as well as the industry behaviors of the
consumers globally and our estimates about the latest market trends and
forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
·
adidas AG
·
Amer Sports Corporation
·
Brunswick Corporation
·
PureGym
·
Hoist Fitness Systems Inc.
·
Icon Health & Fitness Inc.
·
Johnson Health Tech. Co. Ltd.
·
Technogym
·
True Fitness Technology Inc.
·
Vectra Fitness Inc.
Market
Segmentation:
Breakup by Product Type:
·
Cardiovascular Training
Equipment
o Air Bike
o Elliptical Machines
o Punching Bag
o Rowing Machine
o Treadmill
o Others
·
Strength Training Equipment
o Ab Wheel
o Adjustable Dumbbells
o Adjustable Kettlebell
o Medicine Ball
o Mini Resistance Bands
o Pull Up Bars
o Weight-Lifting Bench
o Others
·
Accessories
o Foam Roller
o Weighted Jump Rope
o Others
Breakup by Distribution
Channel:
·
Supermarkets and
Hypermarkets
·
Specialty Stores
·
Online Stores
·
Others
· North America (United States, Canada)
· Europe (Germany, France, United Kingdom, Italy,
Spain, Others)
· Asia Pacific (China, Japan, India, Australia,
Indonesia, Korea, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi
Arabia, Qatar, Iraq, Others)
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Analyst for Customization and Explore full report with TOC & List of
Figures: https://www.imarcgroup.com/home-fitness-equipment-market
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Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If
you need specific information that is not currently within the scope of the
report, we will provide it to you as a part of the customization.
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