The Home Fitness Equipment Global Market Report 2020-30 by The Business Research Company describes and explains the global home fitness equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Home Fitness Equipment Global Market Report 2021 covers home fitness equipment market drivers, home fitness equipment market trends, home fitness equipment market segments, home fitness equipment market growth rate, home fitness equipment market major players, and home fitness equipment market size.
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The home fitness equipment market report provides an in-depth analysis of the impact of COVID-19 on the global home fitness equipment industry, along with revised market numbers due to the effects of the coronavirus and the expected home fitness equipment market growth numbers 2021-2030.
Home Fitness Equipment Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global home fitness equipment market is expected to grow from $8.42 billion in 2020 to $9.9 billion in 2021 at a compound annual growth rate (CAGR) of 17.6%. The growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and other commercial activities that paved way for increasing demand for fitness equipment for home-based workouts and improvement of online fitness content. The home fitness equipment market is expected to reach $8.34 billion in 2025 at a CAGR of -4%.
The report covers the home fitness equipment market segments-
1) By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Other
2) By Applications: Home, Small Gyms, Offices, Others
3) By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling
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