Fitness Equipment Market Summary, Competitive Analysis and Forecast to 2028
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Fitness Equipment Market Overview
The fitness equipment market size was valued at $15.68 billion in 2023. The market witnessed strong growth in 2023. Going forward, the market will grow at a CAGR of more than 9% during 2023-2028. The growth in the market is attributed to the increasing urban population and rising awareness about the importance of a healthy lifestyle the benefits of regular exercise, and many others.
Fitness Equipment Market, 2023-2028 ($ Billions)
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The 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 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) | $15.68 billion |
| CAGR (2023-2028) | >9% |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Key Categories | · Commercial
· Residential |
| Key Regions | · Europe
· United States · Asia-Pacific · Middle East & Africa |
| Leading Retailers | · Peloton Interactive Inc
· Technogym SpA |
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Fitness Equipment Market - Competitive landscape
A few globally established companies dominate the Fitness equipment market including:
- Peloton Interactive Inc
- Technogym SpA
- Johnson Health Tech. Co., Ltd.
The global fitness equipment market is highly fragmented, with many small to medium-sized companies competing alongside the market leaders.
Leading Fitness Equipment Companies, 2023
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Fitness Equipment Market Categories
The fitness equipment market has been categorized into the following:
- Commercial
- Residential
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Fitness Equipment Market Regions
The key regions in the fitness equipment market are:
- Europe
- United States
- Asia-Pacific
- Middle East & Africa
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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 globally.
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fitness equipment market.
- 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 fitness equipment market with five-year forecasts.
Reasons to Buy
- What was the size of the fitness equipment market by value in 2023?
- What will be the size of the fitness equipment market in 2028?
- What factors are affecting the strength of competition in the fitness equipment market?
- How has the market performed over the last five years?
- What are the main segments that make up the fitness equipment market?
Table of Contents
Table
Figures
Frequently asked questions
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What was the fitness equipment market size in 2023?
The Fitness equipment market size was $15.68 billion in 2023.
-
What will the fitness equipment market growth rate be during 2023-2028?
The fitness equipment market will grow at a CAGR of more than 9% during 2023-2028.
-
Which are the key segments in the fitness equipment market?
Commercial and residential are the key segments in the fitness equipment market.
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Which are the key companies in the fitness equipment market?
A few of the key companies in the fitness equipment market are Peloton Interactive Inc., Technogym SpA, and Johnson Health Tech. Co., Ltd.
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