Global Physical Fitness Equipment Strategic Business Report 2023: Personalization and Immersive Experience Gain Space as Boutique Fitness Clubs Crop up


Dublin, March 06, 2023 (GLOBE NEWSWIRE) -- The "Physical Fitness Equipment: Global Strategic Business Report" report has been added to's offering.

The global market for Physical Fitness Equipment estimated at US$14.8 Billion in the year 2022, is projected to reach a revised size of US$23.2 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Cardiovascular Training, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$13.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Strength Training segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 7.7% CAGR

The Physical Fitness Equipment market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.1 Billion by the year 2030.

Select Competitors (Total 97 Featured) -

  • Amer Sports Corporation
  • Precor Incorporated
  • BFT Fitness Co., Ltd.
  • Body-Solid, Inc.
  • Cybex International, Inc.
  • Life Fitness, Inc.
  • Dyaco International Inc.
  • Heart Rate Inc.
  • ICON Health & Fitness, Inc.
  • Johnson Health Tech Co., Ltd.
  • Nautilus, Inc.
  • Reebok International Ltd.
  • SportsArt Fitness, Inc.
  • Star Trac Health & Fitness, Inc.
  • Technogym S.p.A.
  • Total Gym Global Corp.
  • TRUE Fitness Technology, Inc.
  • Tunturi New Fitness B.V.
  • YANRE Fitness Equipment Co., Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages393
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$14.8 Billion
Forecasted Market Value (USD) by 2030$23.2 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Impact on Fitness Sector
  • Demand for Home Fitness Equipment Soars Amidst COVID-19 Pandemic
  • Fitness Routine Changes of People as A Result of COVID-19
  • Commercial Fitness Equipment Takes a Hit as Gyms Face Hardships
  • UK Gym and Fitness Club Memberships in Million (2014: 2020E)
  • Physical Fitness Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Physical Fitness Equipment: A Prelude
  • Types of Equipment
  • Outlook
  • Growth Drivers in a Nutshell
  • Key Growth Impeding Factors
  • Analysis by Segment
  • Developing Countries: Focal Point for Current and Future Market Growth
  • Competition
  • Recent Market Activity
  • World Brands



  • Covid-19 Pandemic Boosts the Connected Fitness
  • Advanced Equipment Offer Futuristic Workouts
  • Technology Disrupts Fitness Regimen
  • Personalization and Immersive Experience Gain Space as Boutique Fitness Clubs Crop up
  • Technology to the Aid of Tread Mills
  • Major Trends in the Health, Wellness and Fitness Industry Summarized
  • Health and Fitness Clubs: A Major Market for Fitness Equipment
  • Considerations while Selecting Commercial Physical Fitness Equipment
  • Recovery in Gyms and Health Clubs to Improve Growth
  • Number of Health and Fitness Clubs Worldwide (in Thousands): 2011: 2025
  • Bodybuilders Remain the Core Customer Group for Commercial Equipment
  • Home Fitness Equipment: An Expanding Market
  • Key Trends Facilitating Transition to Home Workouts
  • Focus on Preventative Healthcare to Fuel Demand for Home Fitness Equipment
  • Rise in Adoption of Elliptical Trainers for Home Use
  • Growing Prominence of Exercise Bikes as an Effective Fitness Solution for Cardiovascular Health Drive Demand
  • Growing Overweight and Obese Population Benefit Market Prospects
  • Classification of BMI
  • Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
  • Average Per Capita Annual Health Expenditure (In US$) due to Obesity
  • Rising Participation of Women in Sports and Fitness Due to Increasing Spending Power Boosts Sales
  • Surging Interest in Home Gym Exercising among Women
  • Big Sporting Events Underpin Sales Growth
  • Muscle Strengthening Equipment Gain Popularity among Youth
  • Cardio Equipment Outweigh Weights
  • Elliptical Trainers: Offering Advantages over Treadmills
  • Trends Towards Group Exercise Promotes Market Expansion
  • Technology Integration in Fitness Equipment for the Visually Impaired Augurs Well for the Market
  • Emerging Technologies, Advanced Software, and Personalized Solutions for Specialized Training Drive Demand from Military Sector
  • Favorable Demographic and Other Macro Trends Strengthen Market Prospects
  • Rising Need to Maintain Physical Activity among the Aging Population: A Weighty Growth Driver
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Exponential Increase in Urban Population
  • World Urban Population in Thousands: 1950-2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Increasing Affluence of the Ballooning Middle Class Population
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Global Middle Class Spending (in US$ Trillion) by Geographic Region




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Global Market for Physical Fitness Equipment

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