The global at-home fitness equipment market size was US$ 7.1 billion in 2021. The global at-home fitness equipment market is forecast to grow to US$ 12.8 billion by 2030 by growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.

Factors Influencing the Market

The growing awareness about a healthy lifestyle will primarily propel the growth of the global at-home fitness equipment market. In addition to that, busy schedules will also drive the demand for the at-home fitness equipment market over the forecast period.

The availability of a wide range of multifunctional fitness equipment will contribute to the market growth. Companies are also working on developing more efficient multifunctional fitness equipment that requires less space and is capable for multiple types of workouts. As a result, it will boost the growth of the at-home fitness equipment market.

High disposable income and rising interest in workouts and gyms will also surge the growth of the at-home fitness equipment market during the study period. On the contrary, the availability of various alternatives to home workouts may limit the market growth during the study period.

COVID-19 Impact Analysis

Due to the COVID-19 pandemic, governments of various countries imposed lockdown, which forced gym operators to close their doors. As a result, the demand for at-home fitness equipment also increased. Moreover, doctors also emphasized the high requirement to work out and exercise regularly. Thus, it surged the growth of the at-home fitness equipment market. Celebrities and fitness experts adopted social media platforms as a way to influence others and demonstrate their skills. The demand for at-home fitness equipment also surged due to this factor. After the pandemic, fitness has become a major priority for the people. Thus, it will benefit the at-home fitness equipment market even in the coming years.

Regional Analysis

On the basis of Region, North America is expected to dominate the global at-home fitness equipment market. It is majorly due to the presence of a wide range of fitness enthusiasts in the region. Furthermore, many professionals in the region offer online training to the people, which is likely to lead the at-home fitness equipment market forward. Technological advancements and growing disposable income will also contribute to the growth of the at-home fitness equipment market. In addition, growing health-cautiousness among people will surge the demand for home exercise. As a result, the market for at-home fitness equipment will witness lucrative growth opportunities during the study period.

Competitors in the Market

ICON Health & Fitness, Inc.
Tonal Systems, Inc.
Technogym
PENT
Louis Vuitton
ProForm
Precor, Inc.
NOHrD
Nordic Track
PELOTON
Schwinn
JTX Fitness
Keiser Corporation
Corepump
York Barbell
Other Prominent Players
Market Segmentation

The global at-home fitness equipment market segmentation focuses on Product, Distribution Channel, End-Users, Price, and Region.

By Product Type Outlook

Cardiovascular Training Equipment
Treadmills
Stationary Cycles
Rowing Machines
Elliptical
Others
Free Weights
Power Racks
By Distribution Channel Outlook

Dealers
Online
Retail
Gyms/Clubs
By End-Users Outlook

Households
Apartment
Gym in Apartment
By Price Outlook

Low
Mid
Luxury
By Regional Outlook

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America