Gym Equipment Market
Gym Equipment Market Analysis by Product Type (Cardiovascular Machines, Strength Training, Plate Loaded, Ground Base, Dumbbells & Kettlebells, Gym Benches, Standalone Gym Equipment), by Distribution Channel, by Buyer Type, by Region - Global Forecast 2022 to 2032
Analysis of Gym Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Gym Equipment Market Outlook (2022 to 2032)
The global gym equipment market is set to enjoy a valuation of US$ 7,698.4 million in 2022 and further expand at a CAGR of 4.8% to reach US$ 12,295.1 million by the end of 2032.
Gym equipment market sensitized recent developments, as new franchised as well as non-franchised gym establishments mushroomed in post Covid era. Equipment accounts for majority of the spending while setting up the gym, and eventually translates to demand for gym equipment.
| Report Attributes | Details |
|---|---|
| Gym Equipment Market Size (2021A) | US$ 7,356.5 Million |
| Estimated Market Value (2022E) | US$ 7,698.4 Million |
| Forecasted Market Value (2032F) | US$ 12,295.1 Million |
| Global Market Growth Rate (2022 to 2032) | 4.8% CAGR |
| North America Market Share (2021) | ~28.5% |
| Europe Market Growth Rate (2022 to 2032) | ~4.3% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~5.2% CAGR |
| Market Share of Top 5 Companies | ~21.4% |
|
Key Companies Profiled |
Brunswick Corporation; Johnson Health Tech Co. Ltd.; Technogym S.p.A; Nautilus Inc.; Core Health and Fitness LLC; Torque Fitness LLC; Cosco Capital Inc.; Amer Sports Corporation; Impulse Healthtech Co. Ltd.; Icon Health & Fitness Inc.; Peloton |
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Sales Analysis of Gym Equipment (2017 to 2021) Vs. Market Forecast Outlook (2022 to 2032)
The widening range of trends from cardiovascular health and ergonomics to ever increasing technological requirements means that equipment is constantly evolving to match consumer preferences. Exercises based on body weight and yoga have been practiced in various forms by ancient Egyptian, Chinese, and Indian cultures which has led to the evolution of fitness and the methods in order to achieve it. Owing to this the target market has grown greatly throughout the course of history.
The sale of gym equipment is expected to expand by a compound annual growth rate of 4.9% from 2017 to 2021, driven by the aforementioned historical trends.
The growing understanding that a person's strength is a crucial component of overall health is one of the factors causing the market for gym equipment to increase. Consumers now understand the value of health and fitness more than ever due to the COVID-19 catastrophe. Following the hit of the pandemic, people are now placing a higher priority on their health. Consumers were frequently seen exercising at home and spending money on technological solutions, according to Fact.MR survey on “Socio-economic Impact of COVID-19”. Due to this, monthly consumer expenditure on connected fitness equipment grew by 5%, and monthly spending on premium apps jumped by roughly 10%.
Based on the above analysis, Fact.MR suggests that the global gym equipment market will be valued at US$ 12,295.1 Million by 2032 end posing a CAGR of 4.8% since 2022.
- Short Term (2022 to 2025): Constant evolution of fitness equipment and rising government programs to promote healthy lifestyle to drive the gym equipment market during the short term period.
- Medium Term (2025 to 2028): Rising rates of lifestyle-related diseases are driving people to engage in physical activity, which is predicted to broaden the target market over the medium term.
- Long Term (2028 to 2032): Increase in number of gymnasiums and fitness service providers will drive gym equipment demand over long term period.
Over the 2017 to 2021 historical period, the global gym equipment market registered a CAGR of 4.9%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.8% CAGR between 2022 and 2032.
Market share analysis of gym equipment based on product type and region is provided in a nutshell in the above image. Under the product type segment, the ground base equipment sub-segment dominates with 16.9% market share in 2022.
What’s Driving Demand for Gym Equipment?
“Growing Installation of Internet-connected Workout Equipments to Drive the Market Growth”
The global market for gym equipment is expanding as a result of ongoing study into the human body's structure, which has paved the way for technical revolutions and fitness equipment innovation. As a result of technological development, many components can be combined into a single unit, guaranteeing simultaneous miniaturization. Greater access to training tutorials and professional opinion is made possible by the internet's growing prominence. For instance, firms like Peloton and Mirror are pioneering at-home fitness programs with their internet-connected exercise equipment. In turn, this is fueling the expansion of the target market.
“Increasing Number of Gym and Fitness Clubs to Upsurge Sales of Gym Equipment Market”
The rising prevalence of obesity owing to the sedentary lifestyle and limited or no time for physical activities are fueling the individual purchases of the gym equipment. Additionally, the increasing number of gym and fitness club owing to the rising disposable incomes across the globe has given a tremendous growth to the target product market.
Gym subscriptions and fitness club memberships are also on rise under the influence fitness standards set on social media. Celebrities & fitness enthusiasts are promoting their healthy choices on social media platforms creating a peer pressure on the youths to step towards healthier life style. Increased gym subscriptions thus amplify the demand for gym equipment pacing the market growth.
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What Do Gym Equipment Manufacturers Need to Watch Out for?
“Difficulties to Get One’s Hand on Components and Repair Complexity Could Hamper the Market Growth”
Fitness equipment parts and components including heart rate grips, LED consoles, handle bars, motors etc. are difficult to find and, for the most part, difficult to fix. The entire unit must be replaced as a result, raising overall maintenance expenditures. This aspect has the potential to slow the market for fitness equipment growth in the near future.
Many individuals today prefer activities that don't require a lot of fitness equipment such as yoga, zumba, and aerobics. This could affect the purchasing power of equipment by gym that can notably affect the target market growth.
Country-wise Insights
Will the Increase in Fitness Club Memberships in the North America Drive the Market Growth?
The North America gym equipment market is currently estimated at US$ 2,195.5 million and is expected to grow at CAGR of 4.8% by 2032.
About 20% of American people presently have a membership to a fitness club. Due to the region's rising obesity rate, it is predicted that this number may upsurge during the projected period as well. Along with this, a significant increase in the average person's disposable income is a further element driving up the region's market value.
Additionally, the unexpected increase in mental health issues has had a favorable effect on people's preferences in terms of fitness aspirations. According to Fact.MR, anxiety and depression affected approximately one-third of US citizens in 2020. Due to the fact that physical activity lessens or even eliminates the aforementioned afflictions, all of these variables have positively impacted the growing traction of the target market.
How will Government Initiatives Promote Physical Activities Prompting Product Market Sales in the U.K.?
The government's "more moving, more living" campaign and other initiatives are boosting the product market sales in the country.
Additionally, in 2019, more than half of gym-goers in the UK were female, imposing a highly lucrative opportunity for the key player owing to the country's changing demographics of gym members.
As a result, several producers have strengthened their market position. Precor Incorporated, a well-known producer of gym equipment in the U.K., recently unveiled the Preva Mobile workout data capture interface, enhancing the linked fitness experience of any gym facility.
Such advancements will aid the U.K. market for gym equipment to reach a valuation of US$ 673.2 million in 2022.
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Category-wise Insights
What is Driving the Demand for Cardiovascular Machines?
A sizeable portion of the market will be accounted by cardiovascular machines. Its market share is influenced by a number of health advantages, including heart rate conditioning, fat burning, metabolic improvements, and body toning.
Additionally, due to greater public awareness, the market will see a strong increase in demand for strength training and fitness equipment. One of the key factors influencing its demand is the use of these equipment to increase muscular strength and improve one's personality and attractiveness.
Which Distribution Channel is Extensively Preferred?
According to the distribution channel, people prefer sports stores the most when purchasing such equipment. The advantages of purchasing such products from sports stores like, the possibility to test out equipment before purchasing, simple returns, receiving assistance or professional guidance when making a purchase decision, and others, are increasing its market worth.
Fact.MR predicts that during the course of the forecast period, the sports stores will account for a 43.5% revenue share by 2032.
Competitive Landscape
Prominent gym equipment manufacturers are Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym S.p.A, Nautilus Inc., Core Health and Fitness LLC, Torque Fitness LLC, Cosco Capital Inc., Amer Sports Corporation, Impulse Healthtech Co. Ltd., Icon Health & Fitness Inc., Peloton.
In order to increase their market presence and diversify their product offering, the top producers of gym equipment in the world are focusing on product development or innovation. Fitness equipment manufacturers have also, embraced smart technologies, like AI, in recent years to provide more unified workout experiences.
- In July 2021, For the Integrity Series cardio portfolio, Life Fitness, a division of Brunswick Corporation, unveiled the new Integrity SL linked LED console. The program connects to devices and tracks exercises with an elegant, contemporary display.
- In April 2021, Peloton completes its acquisition of Precor. With this acquisition, Peloton will develop a manufacturing presence in the United States. This will improve company’s R&D skills, and anticipates accelerate the expansion of its business verticals.
Fact.MR has provided detailed information about the price points of key manufacturers of gym equipment positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Gym Equipment Industry Research
-
Gym Equipment Market by Product Type:
- Cardiovascular Machines
- Strength Training Equipment
- Plate Loaded Equipment
- Ground Base Equipment
- Standalone Equipment
- Heavy Duty Elite Racks
- Benches
- Olympic Bars and Collars
- Dumbbells & Kettlebells
-
Gym Equipment Market by Distribution Channel:
- Specialty Stores
- Online Retail
- Sport Stores
- Others
-
Gym Equipment Market by Buyer Type:
- Individual
- Institution
- Promotion
-
Gym equipment Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Value (US$ Million) Analysis and Forecast
- 5. Global Market Analysis and Forecast, By Product Type
- 5.1. Cardiovascular Machines
- 5.2. Strength Training Equipment
- 5.3. Plate Loaded Equipment
- 5.4. Ground Base Equipment
- 5.5. Standalone Equipment
- 5.6. Heavy Duty Elite Racks
- 5.7. Benches
- 5.8. Olympic Bars and Collars
- 5.9. Dumbbells & Kettlebells
- 6. Global Market Analysis and Forecast, By Distribution Channel
- 6.1. Specialty Stores
- 6.2. Online Retail
- 6.3. Sport Stores
- 6.4. Others
- 7. Global Market Analysis and Forecast, By Buyer Type
- 7.1. Individual
- 7.2. Institution
- 7.3. Promotion
- 8. Global Market Analysis and Forecast, By Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. East Asia
- 8.5. South Asia & Oceania
- 8.6. Middle East & Africa
- 9. North America Market Analysis and Forecast
- 10. Latin America Market Analysis and Forecast
- 11. Europe Market Analysis and Forecast
- 12. East Asia Market Analysis and Forecast
- 13. South Asia & Oceania Market Analysis and Forecast
- 14. Middle East & Africa Market Analysis and Forecast
- 15. Country-level Market Analysis and Forecast
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Brunswick Corporation
- 17.2. Johnson Health Tech Co. Ltd
- 17.3. Technogym SpA
- 17.4. Nautilus, Inc
- 17.5. Core Health and Fitness LLC
- 17.6. Peloton
- 17.7. Torque Fitness LLC
- 17.8. Cosco Capital Inc.
- 17.9. Amer Sports Corporation
- 17.10. Impulse Healthtech Co. Ltd.
- 17.11. Icon Health & Fitness Inc.
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 02: Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 03: Global Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 04: Global Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 05: Global Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 06: Global Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 07: Global Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 08: Global Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 09: North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 10: North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 11: North America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 12: North America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 13: North America Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 14: North America Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 15: North America Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 16: North America Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 17: Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 18: Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 19: Latin America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 20: Latin America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 21: Latin America Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 22: Latin America Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 23: Latin America Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 24: Latin America Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 25: Europe Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 26: Europe Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 27: Europe Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 28: Europe Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 29: Europe Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 30: Europe Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 31: Europe Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 32: Europe Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 33: East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 34: East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 35: East Asia Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 36: East Asia Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 37: East Asia Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 38: East Asia Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 39: East Asia Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 40: East Asia Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 41: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 42: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 43: South Asia & Oceania Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 44: South Asia & Oceania Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 45: South Asia & Oceania Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 46: South Asia & Oceania Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 47: South Asia & Oceania Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 48: South Asia & Oceania Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
Table 49: MEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 50: MEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 51: MEA Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 52: MEA Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 53: MEA Market Value (USD Million) and Forecast by Distribution Channel, 2017 to 2021
Table 54: MEA Market Value (USD Million) and Forecast by Distribution Channel, 2022 to 2032
Table 55: MEA Market Value (USD Million) and Forecast by Buyer Type, 2017 to 2021
Table 56: MEA Market Value (USD Million) and Forecast by Buyer Type, 2022 to 2032
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List Of Figures
Figure 01: Global Market Value (USD Million) Forecast, 2022 to 2032
Figure 02: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 03: Global Market Value (USD Million) by Region, 2022 & 2032
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05: Global Market Value (USD Million) by Product Type, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 07: Global Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 08: Global Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 09: Global Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 11: North America Market Value (USD Million) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 13: North America Market Value (USD Million) by Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15: North America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 17: North America Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 19: North America Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Figure 25: Latin America Market Value (USD Million) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 27: Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 33: Latin America Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Figure 39: Europe Market Value (USD Million) Forecast, 2022 to 2032
Figure 40: Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 41: Europe Market Value (USD Million) by Country, 2022 & 2032
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43: Europe Market Value (USD Million) by Product Type, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 45: Europe Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 47: Europe Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 52: Europe Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Figure 53: East Asia Market Value (USD Million) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Million) by Product Type, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 61: East Asia Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Figure 67: South Asia & Oceania Market Value (USD Million) Forecast, 2022 to 2032
Figure 68: South Asia & Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 69: South Asia & Oceania Market Value (USD Million) by Country, 2022 & 2032
Figure 70: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71: South Asia & Oceania Market Value (USD Million) by Product Type, 2022 & 2032
Figure 72: South Asia & Oceania Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 73: South Asia & Oceania Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 74: South Asia & Oceania Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 75: South Asia & Oceania Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 76: South Asia & Oceania Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 77: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 79: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 80: South Asia & Oceania Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Figure 81: MEA Market Value (USD Million) Forecast, 2022 to 2032
Figure 82: MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 83: MEA Market Value (USD Million) by Country, 2022 & 2032
Figure 84: MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85: MEA Market Value (USD Million) by Product Type, 2022 & 2032
Figure 86: MEA Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 87: MEA Market Value (USD Million) by Distribution Channel, 2022 & 2032
Figure 88: MEA Market Y-o-Y Growth Rate by Distribution Channel, 2022 to 2032
Figure 89: MEA Market Value (USD Million) by Buyer Type, 2022 & 2032
Figure 90: MEA Market Y-o-Y Growth Rate by Buyer Type, 2022 to 2032
Figure 91: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 92: MEA Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 93: MEA Market Attractiveness Analysis by Distribution Channel, 2022 to 2032
Figure 94: MEA Market Attractiveness Analysis by Buyer Type, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global gym equipment market size?
The global gym equipment market is valued at US$ 7,698.4 million in 2022.
How is the market for gym equipment expected to fare going forward?
Worldwide demand for gym equipment is anticipated to reach US$ 12,295.1 million by 2032-end.
How did the market perform over the last few years?
During 2017-2021, sales of gym equipment increased at 4.9% CAGR.
Which regional gym equipment market accounts for a leading market share?
North America tops the global gym equipment market and will account for 28.5% market share by the end of 2022.
Which gym equipment type holds the highest market share?
Ground base equipment accounts for 16.8% share of global sales in 2021.
Gym Equipment Market