Australia Fitness Equipment Market Summary, Competitive Analysis and Forecast to 2028
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Australia Fitness Equipment Market Report Overview
The Australian fitness equipment market size was valued at $615.7 million in 2023. The market experienced strong growth in 2023, owing to the increasing urban population and rising awareness about the importance of a healthy lifestyle. Furthermore, the emergence of budget 24-hour gyms, flexible gym options, and competitive pricing models from gym chains is expected to drive market growth by attracting new customers with their affordability and accessibility influenced the growth. Going forward, the market will grow at a CAGR of more than 8% during 2023-2028.
Australia Fitness Equipment Market, 2023-2028 ($ Million)
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The Australian fitness equipment market report provides top-line qualitative and quantitative summary information through its market size forecasting up to 2028 and a historical overview of the global Australian fitness equipment market. The report also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
| Market Size (2023) | $615.7 Million |
| CAGR (2023-2028) | >8% |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Key Categories | · Commercial
· Residential |
| Leading Companies | · Peloton Interactive Inc
· Technogym spa · Planet Fitness Inc · Johnson Health Tech. Co., Ltd |
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Australia Fitness Equipment Market - Competitive landscape
A few of the leading companies in the Australia fitness equipment market are:
- Peloton Interactive Inc
- Technogym spa
- Planet Fitness Inc
- Johnson Health Tech. Co., Ltd
The Australian fitness equipment market is highly fragmented, with many small to medium-sized companies competing alongside the market leaders. The market comprises a combination of both public and private corporations.
Leading Australia Fitness Equipment Companies, 2023
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Australia Fitness Equipment Market Categories
The Australia fitness equipment market has been categorized into the following:
- Commercial
- Residential
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Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fitness equipment market in Australia.
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fitness equipment market in Australia.
- Leading company profiles reveal details of key fitness equipment market players’ global operations and financial performance.
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia fitness equipment market with five-year forecasts by both value and volume.
Reasons to Buy
- What was the size of the Australia fitness equipment market by value in 2023?
- What will be the size of the Australia fitness equipment market in 2028?
- What factors are affecting the strength of competition in the Australia fitness equipment market?
- How has the market performed over the last five years?
- Who are the top competitors in Australia’s fitness equipment market?
Table of Contents
Table
Figures
Frequently asked questions
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What was the Australia fitness equipment market size in 2023?
The Australia fitness equipment market size was $615.7 million in 2023.
-
What will the Australia fitness equipment market growth rate be during the forecast period?
The Australia fitness equipment market will grow at a CAGR of more than 8% during 2023-2028.
-
Which are the key categories in the Australia fitness equipment market?
Commercial and residential are the key categories in the Australia fitness equipment market.
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Which are the key companies in the Australia fitness equipment market?
A few of the leading companies in the Australia fitness equipment market are Peloton Interactive Inc, Technogym spa, Planet Fitness Inc, and Johnson Health Tech. Co., Ltd.
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