How big is the Fitness Equipment Market?

The Fitness Equipment Market size is expected to reach USD 34.92 billion in 2024 and grow at a CAGR of 4.74% to reach USD 44.02 billion by 2029. Read More

What is the current Fitness Equipment Market size?

In 2024, the Fitness Equipment Market size is expected to reach USD 34.92 billion. Read More

Who are the key players in Fitness Equipment Market?

Nautilus Inc., Johnson Health Tech Co., Peloton Interactive, Inc., Icon Health & Fitness Inc. and Life Fitness are the major companies operating in the Fitness Equipment Market. Read More

Which is the fastest growing region in Fitness Equipment Market?

South America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Fitness Equipment Market?

In 2024, the Europe accounts for the largest market share in Fitness Equipment Market. Read More

What years does this Fitness Equipment Market cover, and what was the market size in 2023?

In 2023, the Fitness Equipment Market size was estimated at USD 33.26 billion. The report covers the Fitness Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fitness Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging technologies shaping the Fitness Equipment Industry?

The emerging technologies shaping the Fitness Equipment Industry are a) Virtual reality workouts b) AI-powered training c) Biofeedback integration for personalized fitness Read More

Fitness Equipment Market Size | Industry Analysis & Trends Report

Fitness Equipment Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Global Fitness Equipment Market Report is Segmented by Product Type (Treadmills, Elliptical Machines, Stationary Machines, Rowing Machines, Strength Training Equipment, and Other Product Types), Category (Residential and Commercial), Distribution Channel (Offline Retail Stores and Online Retail Stores), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers Market Size and Values (in USD) During the Forecasted Years for the Above Segments.

Fitness Equipment Industry Overview

The fitness equipment market is fragmented, with global and regional players dominating the market. The prominent market players are Nautilus Inc., Johnson Health Tech Co., Peloton Interactive, Inc., Icon Health & Fitness, Inc., and Life Fitness. Because of the increasing trend of fitness and sports, the demand for fitness equipment is increasing worldwide. Mergers and acquisitions between companies are driving innovation and market penetration.

For instance, in April 2021, Peloton acquired Precor, one of the leading global commercial fitness equipment manufacturers with a significant United States manufacturing presence. With this acquisition, Peloton expands its manufacturing capabilities in the United States, anticipates collaborating with Precor's team to strengthen its research and development capabilities, and accelerates its commercial market penetration.