Home Fitness Equipment Market Size

Fitness equipment market expected to reach 152 billion by 2027 at a cagr of 35.

Home fitness equipment market size. Fitness equipment market size by equipment cardiovascular elliptical machines treadmills exercise bikes climbers strength training weightlifting weights barbells ladders extension machines power racks by end use home health clubs office hotel industry analysis report regional outlook growth potential price trends competitive market share forecast 2020 2026. Digital connectivity is revolutionizing the fitness equipment market. Preeti wadhwani saloni gankar share fitness equipment market size is set to surpass usd 15 billion by 2026 according to a new research report by global market insights inc. The recent growth observed in fitness equipment market can be attributed to the increase in health awareness among the young and old age groups.

The global fitness equipment market size was estimated to be valued over usd 1001 billion in 2014 and is expected to grow at a cagr of over 35 over the forecast period. Apac is anticipated to grow with robust cagr of 66 during the forecast period. Drivers and restraints. Fitness equipment market size worth over 15bn by 2026.

Doctors and governments of different countries are continuously striving to promote the benefits of physical fitness thus creating health awareness. April 7 2020 authors. Growing urban population and increasing health awareness amongst the people are expected to drive the global market for the next seven years.