- Press Release -

Rockville, Md. The global gym equipment market is set to exceed US$ 7.6 Bn by 2022 on above-average growth, according to Fact.MR. As sedentary lifestyles drive obesity, stress and chronic disease, more people are enrolling in gyms and fitness clubs, and government programs encouraging physical activity are adding momentum.

Cardiovascular machines lead the product mix, institutional buyers carry the largest share, and Europe is the dominant region. Smart wearables and fitness apps that monitor health and performance are further popularising gym apparatus.

Products, Channels and Buyers

Cardiovascular machines are the leading product at nearly 17% of revenue, with ground-base equipment second. On distribution, sport stores and online retail together hold close to two-thirds of revenue, and sport stores post the higher CAGR of the two. By buyer, institutions hold over a third of revenue and grow at a 5.1% CAGR.

Europe dominates by revenue, while North America and Asia Pacific excluding Japan round out the leading regions, and manufacturers increasingly build application-specific equipment compatible with personal devices.

Fitness Awareness Drives Demand

The market runs on the health push. Rising gym membership, government activity initiatives and the spread of smart wearables that track training and performance keep demand climbing through the forecast period.

Suppliers and Their Playbook

The field brings together fitness equipment specialists.

• Technogym SpA, Brunswick Corporation, Nautilus, Inc, Johnson Health Tech Co. Ltd., Torque Fitness LLC, Amer Sports Corporation, Icon Health & Fitness, INC, Core Health and Fitness LLC, Cosco Capital, Inc., and Impulse Healthtech Co. Ltd. are among the key players in the report.

Reading the Market for Decisions

For makers, growth favours cardiovascular machines and connected, app-compatible equipment. Investors get a market with steady, fitness-led demand. Procurement and retail teams can plan around institutions carrying volume, sport stores and online leading distribution, and Europe offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global gym equipment market for the 2017 to 2022 forecast period, with segmentation by product type, distribution channel, buyer type and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the gym equipment market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.