The Business
Research Company’s latest report Home Fitness Equipment Global Market Report
2020 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. The report provides in-depth analysis of the
impact of COVID-19 on the Home Fitness Equipment industry, along with revised
market numbers due to the effects of the coronavirus.
View Complete Report:
Home Fitness
Equipment Global Market Report 2020 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 $6.76 billion in 2019 to
$9.49 billion in 2020 at a compound annual growth rate (CAGR) of 40.4%. 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 market is expected to stabilize and reach $8.62 billion in 2023 at a CAGR
of -3.16%.
The report covers the Home Fitness
Equipment market’s segments-
1) By Product: Treadmills, Elliptical
Machines, Rowing Machines, Strength Training Equipment, Others.
2) By Applications: Home, Small Gyms,
Offices, Others.
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