Market Size (2020)
2020
$9.96B
Food & Beverages
Fitness Equipment/Home & Gym Training Market
By Segment, By Region, And Segment Forecasts, 2020 – 2030
Vertical: CFnBBase Year: 202112 Sections
Executive Summary
Fitness Equipment/Home & Gym Training Market — Snapshot
Projected (2030)
2030
$16.89B
CAGR (2020–2030)
5.4%
5.4%Key Players
100+
The global fitness equipment/home & gym training market is projected to witness significant growth during the review period, exhibiting a CAGR of 5.98%. The market was estimated to be USD 10,321.45 million in 2021 and is expected to reach a value of USD 16,888.44 million by the end of the forecast period (2022-2030).
Based on product type, the cardiovascular training equipment segment accounted for a market share of 69.50% in 2021 and is expected to exhibit a CAGR of 6.27% during the forecast period owing to the growing innovations by major players. For instance, in September 2022, Flexnest, a top D2C fitness brand launched Flexpad, India's first smart connected walking pad. The new Flexpad links to the Flexnest App like all other smart Flexnest equipment to provide consumers with 50+ virtual walks and 500+ trainer-guided workouts. Additionally, it has a built-in bluetooth speaker, a remote control for use, and top speeds of 12 km/h. The Flexpad is the ideal walking pad for a home workout and is sleek enough to be hidden under the bed or sofa. It was designed with home fitness needs and space limitations in mind.
Based on application, the commercial segment accounted for a market share of 74.43% in 2021 owing to the wide usage of fitness equipment/home & gym training in health club/gym, hospitality, corporate offices as well as in public institutions. As a part of this, according to MRFR analysis, around the world, there are roughly 200,000 fitness clubs and fitness centres. People in practically every region have access to a gym or a fitness club nearby because to the abundance of fitness facilities.
Based on end user, the professional segment accounted for a market share of 63.21% in 2021 and is expected to exhibit a CAGR of 6.01% during the upcoming years. This is owing to the increased gym membership by the professionals across the region. For example, according to MRFR analysis, in 2019, more than 62.5 million gym members used the facility 104 days a year, compared to nine million non-members who used it 24 days a year on average. Only about 18% of members frequently visited the gym regularly. Of those who regularly visited the gym, 49.9% made it there at least twice per week. An additional 24.2% of people went to the gym at least once every week.
Based on pricing, the mass segment accounted for a market share of 67.42% in 2021 owing to the wide purchase of fitness equipment/home & gym training among the people residing across the APAC region. For instance, according to MRFR analysis, many Indians prefer to and are willing to spend money on at least one piece of home exercise equipment, including a treadmill, cross-trainer, or even dumbbells and weights. Since the pandemic, home gyms have grown commonplace, and there is a high demand in the market for equipment that is dependable, sturdy, and long-lasting. Home gym equipment is seen as a trustworthy investment for a full and efficient home workspace as exercise applications, youtube videos, and online subscriptions become the "new normal.”
Based on distribution channel, the supermarket & hypermarkets segment accounted for a market share of 13.90% in 2021 owing to the wide purchase of fitness equipment/home and gym training from supermarkets as well as hypermarkets owing to the wide benefits provided by them. For instance, supermarkets and hypermarkets that operate on a self-service basis, offer a variety of goods at discounts, give customers freedom of choice, and make significant profits are expected to drive market expansion. Besides this, during the covid-19 the urge among consumers to stay fit has increased its sales which in turn is expected to positively influence its market growth. As a part of this, according to a recent survey, approximately 17% of shoppers in the United States reported their household had purchased weights and/or dumbbells during the coronavirus (COVID-19) epidemic when conducted a survey. A similar number of homes had purchased treadmills during the pandemic.
Furthermore, the rising health awareness among consumers coupled with substantial number of people suffering from diabetes and obesity is a vital factor boosting its market growth. As a part of this, according to Diabetes Research Institute, in 2018, 10.5% of Americans, or 34.2 million people, have diabetes. 10.2% of the population, or around 26.8 million people, were projected to have diabetes. There are about 7.3 million diabetics who have not yet received a diagnosis. In addition, there were 1.5 million new cases of diabetes identified in adults in the United States. This includes over 210,000 kids and teenagers under the age of 20. Besides this, the growing initiatives taken by various government bodies across different region to control obesity is likely to propel its market growth. For instance, The Alabama Cooperation System's Alabama Preventing and Reducing Obesity is helping Alabamians for Long-Term Health (ALProHealth) is further increasing the access towards healthier foods by improving nutrition recommendations in local agencies and community sites and investigating a food hub infrastructure. They are also establishing master plans and land use interventions to connect transportation infrastructure with residences, early care and education programs, schools, workplaces, and parks or leisure facilities. Furthermore, the Arkansas Delta Region Obesity Program is improving state and local programs and systems, working with partners to connect sidewalks, paths, bicycle routes, and public transit with homes, early care and education, schools, workplaces, parks, and recreation centers, and working with food vendors, distributors, and producers on healthier food purchasing and sales. The program is also establishing healthy nutrition standards in key institutions. Georgia is focusing on locations in the counties of Calhoun, Clay, Dooly, Stewart, and Taliaferro where kids and families frequently congregate, such as schools, areas where food is sold, health departments, churches, and parks. Georgia is also concentrating on transportation, distributing food, and raising awareness via social media and the media. For a more significant systemic change, activities will be conducted in local communities, at the county level, and at the regional/state level.
Besides this, increasing inclination towards digital technology is another factor boosting its market growth. For example, the next generation of wearable fitness technology is comprised of fitness trackers, which are pedometers modern replacement. Numerous fitness-related metrics, including steps taken, heart rate, calories burned, and others, are recorded. Smartwatch elements, such as phone notification alerts, are becoming increasingly incorporated into wearable fitness equipment, such as FitBit's line of fitness trackers. Smartwatches also offer several fitness monitoring possibilities. Contrarily, fitness trackers are less expensive because they have fewer features and place more of an emphasis on functionality than on appearances. Apart from this, the growing gym membership is set to contribute to the growth of fitness equipment/home & gym training which may serve as an opportunity for market growth. However, the prohibitive cost of the product may serve as a restraint for its market growth.
Key Insight
The Fitness Equipment/Home & Gym Training Market market is projected to grow at a CAGR of 5.4% from 2020 to 2030.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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What this report covers
- Geographic Coverage: This analysis covers 4 regions: North America, Europe, Asia Pacific, Rest of the World.
- Market Segmentation: The market is analyzed across 4 segments: Unisex, Men, Women, Kids. Forecasts are provided for each segment from 2020 to 2030.
- Competitive Landscape: 100 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Fitness Equipment/Home & Gym Training Market — Growth Trajectory
Fitness equipment/home & gym training is usually a smaller segment of the larger sporting goods industry. Treadmills, free weights, weight machines, and elliptical trainers are examples of fitness equipment.
A treadmill is a device with a moving belt that allows users to move while remaining standing. Animals were placed on treadmills to power butter churns or threshing machines as early as 1875 in the agricultural industry. In 1952, Wayne Quinton and Robert Bruce, a cardiologist, created the first treadmill for medical purposes. Bruce later licensed the invention to Nautilus, formerly Stairmaster, who started selling the treadmill as a fitness tool. Woodway, Aerobics, Inc., and Tunturi are a few of the first producers. The early models had a deck, a belt, and a motor. More sophisticated models had inclination features, preset workouts, and stronger decks in the 1980s and 1990s. Additionally, they could transmit data from PalmPilot.
A cross trainer, commonly referred to as an elliptical trainer, is a stationary exercise machine that allows users to imitate walking or jogging while standing still. These gadgets, which are propelled by leg force, first gained popularity in the 1990s. To give a supplemental form of aerobic activity, the user also grasps handles that are at shoulder height and pushes and pulls with them. The device's name derives from the way the handles move, which is somewhat elliptical. The driving mechanism, the resistance system, and the stride length are the three fundamental components of elliptical machines. Because its components move considerably more smoothly, rear drives are seen to be better than front end drives. Cheaper models include a preset stride length and a manually adjustable resistance level.
Moreover, the growing health awareness among consumers coupled with their increased workout as well as increased gym membership is likely to propel its market growth. For instance, a 2020 Eurostat analysis on the fitness sector estimates that 28% of Europeans routinely exercise, putting in more than five hours a week. 27% of people exercise for three hours or less per week, compared to 17% who work out for three to five hours per week. Romania has the largest proportion of people who regularly exercise, followed closely by Germany, Denmark, and the Netherlands. The least number of people in Croatia frequently exercise. The fitness sector is estimated to be worth USD 24 billion in Europe. In terms of market revenue, Germany currently leads the European fitness market. Furthermore, according to a recent analysis, the country's fitness sector generates over USD 5.3 billion in revenue. Currently, Europe is home to some 60,000 gyms and fitness centres. Europe's fitness industry is far behind that of the United States. But it's also expanding steadily, making it one of the sector's prospective growths markets. Furthermore, according to MRFR analysis 39% of Americans are registered members of gym clubs, clubs, fitness centres, and other health and fitness facilities. Many of the poll respondents stated that they often visit the gym solely to lose weight. Therefore, for many American gym users, losing weight continues to be one of the hardest obstacles. The other poll respondents are concerned with maintaining their current level of fitness, getting stronger, adding muscle, and/or improving their health.
Fitness Equipment/Home & Gym Training Market — Growth Trajectory
Unisex
Men
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How this market is segmented
- By Product Type By Product Type is broken down into: Cardiovascular Training Equipment, Treadmills, Elliptical Trainers, Exercise Bikes, Rowing Machines, Stairs Machines, Upper Body Trainers, StrengthTraining Equipment, Extension Machines, Multigyms & Cable Stations, Benches & Racks, Free Weights (Inc. Dumbbells), Plate Loaded, Accessories.
- By Application By Application is broken down into: Residential, Commercial, Health Club/ Gym, Hospitality, Corporate Offices, Public Institution.
- By Demographics By Demographics is broken down into: Men, Women, Unisex, Kids.
- By Pricing By Pricing is broken down into: Premium/Luxury, Mass.
- By End User By End User is broken down into: Recreational, Professional.
- By Distribution Channel By Distribution Channel is broken down into: Supermarkets & Hypermarkets, Specialty Stores, Online, Others.
Geographic Analysis
Regional market breakdown
- North America North America market size reached $3.70B in 2020 and is projected to reach $6.41B by 2030, growing at a CAGR of 5.6%.
- Europe Europe market size reached $3.19B in 2020 and is projected to reach $5.38B by 2030, growing at a CAGR of 5.3%.
- Asia Pacific Asia Pacific market size reached $2.15B in 2020 and is projected to reach $3.68B by 2030, growing at a CAGR of 5.5%.
- Rest of the World Rest of the World market size reached $918.33M in 2020 and is projected to reach $1.42B by 2030, growing at a CAGR of 4.5%.
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View Subscription PlansResearch Methodology
Fitness Equipment/Home & Gym Training Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2021
Historical Period
2020 – 2021
Forecast Period
2021 – 2030
Primary Interviews
150+
Research Process
Historical data (2020–2021) and forecast period (2021–2030)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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Regional Breakdown
Regional market breakdown for Fitness Equipment/Home & Gym Training Market.
Regional Market Size (USD Mn)
Market estimates by geography (2030)
USD Mn
InsightNorth America leads with $6.41B by 2030.
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View Subscription PlansRegional Market Data
| REGION | 2020 | 2021 | 2030 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $3.70B | $4.51B | $6.41B | 5.6% | 38% |
| Europe | $3.19B | $3.84B | $5.38B | 5.3% | 32% |
| Asia Pacific | $2.15B | $2.60B | $3.68B | 5.5% | 22% |
| Rest of the World | $918.33M | $1.06B | $1.42B | 4.5% | 8% |
| Total | $9.96B | $12.02B | $16.89B | 5.4% | 100% |
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View Subscription PlansSegment Revenue (2030)
Unisex
Men
Women
Kids
02183436565488730
Segment Market Share
- Unisex47%
- Men28%
- Women21%
- Kids4%
Total Market Size
$16.89B
Market by Segment (2030)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Unisex | $7.94B | 5.4% | 53% |
| Men | $4.71B | 5.4% | 47% |
| Women | $3.61B | 5.4% | 87% |
| Kids | $635.42M | 5.4% | 77% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytics
Fitness Equipment/Home & Gym Training Market — Key Findings
Analytical insights on Fitness Equipment/Home & Gym Training Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Fitness Equipment/Home & Gym Training Market market is projected to reach $16.89B by 2030, growing at 5.4% CAGR. The Unisex segment holds the largest share.
Market Dynamics
The global fitness equipment home & gym training market is projected to witness significant growth during the forecast period. The key factors driving the growth in the market are the rising health awareness among the consumers and increasing inclination towards digital technology to aid market growth. Additionally, the increasing product launches by key manufactures in the market is creating growth avenues owing to increasing health concerns and changing lifestyles in the upcoming short-term forecast period.
Market Drivers
Economic growth reports a surge in the quantity and quality of the economic goods and services that are developed by society and consumed. A rise in disposable earnings over the counties reveals the growing standard of living that is leading to the increasing demand for home fitness equipment due to the growing trend of fitness and body building among consumers. Thereby, growing the market of the home fitness equipment market. For instance, according to the organization for economic cooperation and development (OCED), the household disposable earing over several countries such as Canada, Australia, France, Austria, and many others observed a significant increase during 2018-2019. As in Canada, the gross regulated household disposable income per capita was USD 35,892.5 in 2019 that increased by USD 39,005.5 in 2020. Additionally, the increasing obesity and overweight population globally and rising health concerns coupled with the desire to maintain their physical and mental well-being are some of the other vital factors that are surging the home fitness equipment market. For instance, nearly 73% of US adults are overweight or obese. Out of which, 42% of American adults had obesity and 10% were severely obesity, while another 30.7% were overweight.
Market Opportunities
Development of new products offers a means to target new markets and consumers, boosting of market share, sell more, and increase revenue streams. Moreover, redesigning current products enables costs to be cut, margins to be increased and ultimately more profits to be made by the manufacturer. A product launch can generate new partnerships or business relationships, and the new product launch sells well, it may cover the development and launch costs and generate a profit for the company. If the product is eco-friendly or evergreen know a day that consumers are demanding more can provide the benefit to generate or boost the company’s revenue stream that begins with the product launch can be accordant for many years. For instance, NordicTrack, one of the brands of iFIT Inc., unveiled its voice-controlled dumbbells that adjust weight during the workouts. This new product launch is done under the brand name of NordicTrack iSelect Adjustable Dumbbells. With the launch of this product, they have added the first voice-controlled dumbbells that work with Alexa.
For instance, Amer Sports one of the brands of Anta Sports Products Limited developed its brand portfolio by divesting Suunto to Liesheng, to develop smart wearables and electronic devices for sport. The strategy of Amer Sports is to increase its presence in large markets including the US and China.
For instance, Technogym launched a new treadmill to its range of equipment in the Europe region and the US named MyRun, aimed at capitalizing the increasing demand for home fitness equipment post-pandemic. The treadmill has the feature of providing one-to-one coach guidance through on-demand video content that will be streamlined in the console. As part of the launch, the users will get access to Technogym Ecosystem digital services.
Moreover, by launching new products the companies can boost revenue and attract as many customers as possible. The company can also conduct a marketing campaign, to make the people aware about the product’s features faster, and they can buy it right after its launch on the market.
Market Restraints
The cost of raw material is increasing, the shipping costs are increasing, the importing of fitness equipment is more difficult. The pandemic in 2020 was unexpected. It was not a good year for gyms across the globe that were enforced to shut for their members. Due to which the demand for fitness equipment boosted and the residential invested heavily to build up home and garage gyms. The desire for home fitness equipment took off like wildfire. The fitness equipment sales have been boosted or it has doubled, due to which many retailers failed to fulfil the growing demand of the consumer and eventually were running out of stock. The certain boost of sales raised and brought on in the Covid-19 that has turned and had a huge impact on other fitness companies including suppliers, manufacturers, and the rest of the fitness chain. The rise in demand of the fitness equipment and machines surge the rise of the cost or prices of the machines and thus the equipment especially dumbbells and kettlebells were not easy to get. The rise in price is because of the key factor that few of the gym equipment were manufactured in China, and the prices in China have an impact on global market prices. With the sharp increase in cargo volume and prices, it was extremely difficult to accommodate the shipping space and due to which the logistics channels were being pushed beyond capacity. The vital reasons for a rise in price of the fitness equipment’s are stock and supply issues led to an increase of raw material prices and increase in logistics cost.
Market Challenges
Now are a day’s people being very conscious about their health and to improve their health they are taking help of fitness equipment without any knowledge of the equipment and without any training in wrong way, which is not improving the health of the people but increasing the risk for the people with more injuries and damages in their body. The injuries caused by fitness equipment’s are usually caused by inexperience and carelessness. Moreover, several gym members are not well awarded about the essentials of physical exercise. As such, the people do not know to use certain machines and not aware about the correct form while performing certain exercises. At times, the person can be inattentive and not pay adequate attention while using fitness equipment and machines. Big, strong, and flowery members few times get themselves hurt while trying to prove how powerful they are. For instance, as per National Electronic Injury Surveillance System (NEISS) injury data for the year 2019, approx., 468,315 people were injured while exercising with or without fitness equipment or machines. And between the ages of 25 year and 64 years, there are around 251,000 people in this category. The few common causes of gym equipment accidents are faulty equipment, installation defects, inexperienced or negligent trainer, and careless gym members. And the most common injuries that are got by the fitness equipment and machines are foot injuries, neck or head injury, shoulder injury, knee injury, strains, and many others.
Strategic Outlook and Future Directions
The onset of COVID-19 has resulted in a global crisis. The pandemic, which is impacting numerous countries worldwide, has already influenced the world economy and is expected to produce turmoil and global catastrophe. People's lives have been entirely turned upside down by the COVID-19 outbreak, owing to its growing cases every day. Different industries are affected by COVID-19 differently. Every area of the economy experienced growth after the pandemic. The commodity market has been impacted by this pandemic in many ways. However, various initiatives were taken by the government bodies in various regions worldwide to recover the region from post-pandemic. For instance, in May 2020, the US government invested USD 2.2 trillion in an economic rescue package for US companies, notably the automotive industry, which was most negatively impacted by the pandemic. A few impacts of the outbreak on the fitness equipment/home & gym training market have been discussed below.
The COVID-19 outbreak has influenced the whole production process, from the procurement of raw materials to production, packaging, and distribution. The whole production process for the fitness equipment/home & gym training sector has suffered because of the outbreak. Providing fitness equipment/home & gym training to various manufacturers has been delayed because of lockdown restrictions making it more difficult to transfer the raw materials required to create them. Both domestic and international companies provide the basic materials used to make fitness equipment/home & gym training. Due to the necessity of sealing international borders, low quantities of these fitness equipment/home & gym training were being produced. Delivering manufacturing units to stores has become more challenging for distributors due to lockdown restrictions. Even though there is a huge demand for fitness equipment/home & gym training worldwide, the sectors are all experiencing major shortages.
When COVID-19 was originally discovered in March 2020, numerous nations decided to restrict international travel. Therefore, most of the populace was urged to remain inside and conduct business from home. Due to several factors, the sales of fitness equipment/home & gym training demand have become stable.
Consumer awareness of the value of health and wellness has increased because of the COVID-19 problem. According to a survey, 68 percent of respondents prioritized their health more after the pandemic started. Exercise is also the most frequently mentioned method of stress release, according to a poll of gym visitors, which found that 65% of them use exercise to unwind. Prior to the COVID-19 outbreak, roughly 50% of these consumers stated that they used mobile apps to achieve their health and fitness goals; by June 2020, that percentage had risen to 75%. Consumers were regularly found to exercise at home and spend money on technology solutions in the surveys conducted throughout the pandemic. For instance, according to a recent report, consumer expenditure on connected exercise equipment increased by 5% each month, while spending on premium apps increased by roughly 10%. During the pandemic, slightly more than 10% of the general American population also established home gyms or used online exercise tools. Even when the pandemic has passed, 70% of online fitness users plan to continue or enhance their use of the platform.
With lockdown restrictions of many retail stores across the globe, many manufacturers of fitness equipment/home & gym training are expected to move into the online/e-commerce channels. E-commerce channels are proving to be a life saver during these tough times. Individuals are also well accepting this move as they feel safe instead of going out to retail stores to buy fitness equipment/home & gym training and increase the chances of getting infected from coronavirus. This is evident from the fact that many e-commerce channels have witnessed triple-digit growth rates in sales of various exercise products. For instance, according to MRFR analysis, due to the Covid-19 ban, internet sales of workout equipment have increased on marketplaces Flipkart, Amazon, and Snapdeal as well as sports goods merchants like Decathlon. Since April, consumers have been setting up at-home gyms due to the closing of gyms and outdoor exercise areas, with ecommerce now outpacing traditional stores in the sale of equipment including dumbbell kits, yoga mats, and push-up bars. Thus, the trend of online purchases of fitness equipment/home & gym training is expected to continue the trend in the upcoming years and the market players are expected to increase their investments in e-commerce sales channels to capitalize on increasing demand. Hence, under the current scenario, fitness equipment/home & gym training manufacturers are expected to have lucrative growth opportunities. Individuals across the globe are also anticipated to perceive online channels to be a safer mode for purchasing fitness equipment/home & gym training for personal use. This is expected to create a long-lasting opportunity for online channels to increase their share of sales in the coming years.
The prices of fitness equipment/home & gym training have been stable for the last few years. Although the outbreak has impacted fitness equipment/home & gym training prices, the prices are expected to spike post-lockdown owing to the disruptions in logistic activities. The manufacturers are expected to increase fitness equipment/home & gym training prices due to the increased operational and raw material costs and to make up for the losses caused due to the outbreak. Also, they might not provide any discounts or offers on fitness equipment/home & gym training to stabilize the profit margins.
As a part of this, Americans spent a lot on items of various price ranges, from USD 20 yoga mats to USD 3,000 exercise machines. To break up the monotony of stay-at-home life, they also began to hit the trails for jogging and hiking in earnest. Yellowstone National Park experienced its busiest September and October on record.
NPD retail data show that from March to October, sales of health and fitness equipment more than doubled to USD 2.3 billion. Treadmill sales increased by 135%, while sales of stationary cycles nearly tripled, depleting stockpiles.
There were no shortages or delays in the first quarter of 2020 that would have had an impact on client shipments or sales. However, the period also witnessed a broad number of governmental and commercial impacts, including business slowdowns or shutdowns and significant travel restrictions. These events led to a significant decline in both regional economic activity and financial market valuations. As a result, the company's manufacturing fitness equipment/home & gym training across the globe has not only witnessed operational disruption but also adversely impacted customer demand across the country. However, owing to covid-19 pandemic, people become more inclined towards staying healthy which further increased the demand for fitness equipment/ home and gym training.
Market Value by Segment (2030)
Value (USD Mn)
Unisex
Men
Women
Kids
Companies
Key companies profiled in Fitness Equipment/Home & Gym Training Market
Profiles of 100 companies operating in the Fitness Equipment/Home & Gym Training Market market, including revenue, employee count, and market positioning where available.
Showing 100 of 100 companies
Accell Gro
Accell Group
Food & Beverages
Company Headquarters: Heerenveen, The Netherlands Founded: 1983 Workforce: ~3500 Company Working: Accell Group is one of the leading manufacturers of bicycles and fitness equipment for home and commercial applications. The company actively manufactures, designs, develops, markets, and trades its products and accessories to fitness enthusiasts. Accell Group markets its products in several European nations such as Germany and the Netherlands among other nations. The company is in the leading position in the European e-bikes market, and in the second position in accessories, and cycle parts. The company still uses its entrepreneurial spirit, to uphold the momentum of the market. Accell Group also pushes itself to produce cutting-edge, and high-quality products with high performance that is mainly driven by the continuous exchange of craftsmanship and expertise. The company has also several established brands that operate in the market. The company has a presence in approximately 15 nations across the globe. Tunturi New Fitness B.V. is one of the subsidiaries and brands (Tunuri) of Accell Group and is a pioneer in fitness equipment. Tunuri was established in 1922, and it revolutionized the global fitness industry, by launching the first exercise bike ergometer for home application, in 1969 across the globe. The company is functional as a fitness equipment manufacturer and offers various equipment such as rowers, minibikes, gym balls, sprinter bikes, aero bikes, treadmills, handgrips, and mats. Tunturi also offers various equipment for training in strength, weight bench pressing, cardio, core training, running, and many more. The company has been operating for the past 100 years. Tunuri has also introduced its newer Tunturi Training app, a pocket-sized personal fitness trainer. The training app introduced by the company has a collection of ready-made workouts, more than 5,000 exercises, virtual group lessons along with the individual workouts, and a lively community for providing recommendations and feedback.
Revenue$1.6B
Employees3,500
Market CapN/A
Founded1982
Heerenveen, The Netherlands
Life Fitne
Life Fitness
Food & Beverages
Company Headquarters: Illinois, United States Founded: 1968 Workforce: ~2900 Company Working: Life Fitness is an American corporation that deals with health & fitness, it manufactures, markets, and distributes several cardiovascular and strength equipment for commercial and home fitness. Initially, Life Fitness was a part of Brunswick Corporation – a US-based corporation with leadership in the marine industry. Life Fitness has been operating for the past five decades and gained experience based on the shifting consumers' preferences. The company also focuses on the innovation for continuous development of its product portfolio. Life Fitness is a portfolio corporation of KPS Capital Partners. The company augments its foremost presence in the marketplace of commercial fitness with the help of a strong outreach program for communities to foster their active lifestyles. Life Fitness has a purpose to be the inspiration for healthier lives for consumers. The company is expanding its presence too. The company focuses on the integration of digital solutions and value-added services to create a holistic approach to the leading product portfolio of various connectable equipment for fitness. Moreover, Life Fitness also aims the improvement of its incremental share with an increasing focus on surging demand for fitness equipment. The major product lines of the company include treadmills, cross-trainers, benches, rigs, climbers, bikes, and racks among others for home and commercial fitness markets. Life Fitness also has a family of brands, which are specialized in providing strength, cardio, rehabilitation, and group training products. Hammer Strength, ICG, SCIFIT, Cybex, along with Life Fitness are the major brands of the company that has a presence in more than 120 nations around the world. Hammer Strength was incorporated in 1989, by Gary Jones. The equipment offered under the brand name Hammer Strength is the most durable and is designed for intensive workouts. Heavy-duty rigs and racks, selective equipment, benches, and a wide range of accessories are the major products that are offered under the Hammer Strength brand for constant training prospects.
RevenueN/A
Employees2,900
Market CapN/A
Founded1967
Illinois, United States
Anta Sport
Anta Sports Products Limited
Food & Beverages
Company Headquarters: Xiamen, China Founded: 1991 Workforce: ~ 59,000 Company Working: Anta Sports Products Limited is one the packaged goods manufacturing companies that provides production and marketing of several sportswear, and fitness equipment and accessories across the globe. The company develops, designs, produces, and markets various sports footwear, accessories, and apparel. Anta Sports Products Limited provides training shoes for various sports such as basketball, outdoor, tennis, and running, along with casual shoes. The company also trades and delivers a wide range of sportswear products and sporting goods for kids. The company also has a very strong brand portfolio that includes Anta, Kolon Sport, Fila, and DESCENTE among others. Anta Sports Products Limited also has collaborations with designers and creators to maintain the continuous production and supply of fashionable sportswear products to its potential consumers. Moreover, the company has various subsidiaries such as Anta Enterprise Group Limited, REEDO Sports Products Limited, and Motive Force Sports Products Limited that actively operate their business worldwide. From the day of its incorporation, Anta Sports Products Limited has been widely recognized as one of the global players in the sportswear company. For several years, the company mainly engaged in the design, research and development, production, sales, and marketing of its professional products for sports such as shoes, accessories, and apparel for consumers across China. Apart from that, Anta Sports Products Limited has also included various home workout equipment such as workout gloves, pushup bars, yoga blocks, resistance cords, jump ropes, and workout bands under its brand. ANTA is a leading brand that aims the offering technology-driven, functional, and professional sports products & accessories. Moreover, ANTA also has a separate portfolio for the kid’s collection. Under the DESCENTE brand, it has a wider range collection of high-quality fitness equipment associated with skiing, cycling, golf, running, cross-training, and women’s fitness among others. FILA is one of the brands of the company that has received recognition among consumers, globally. FILA has a unique collection of stylish sportswear items, it has also segregated its different brands such as FILA KIDS and FILA FUSION, primarily dedicated to kids and the young population, and has also got rewards for its quality products. KOLON SPORT is one of the premium brands of the company. Under Amer Sports, the company offers a range of products for sports & fitness.
Revenue$8.2B
Employees59,000
Market CapN/A
Founded1990
Xiamen, China
Dyaco
Dyaco
Food & Beverages
Company Headquarters: Taipei, Taiwan Founded: 1990 Workforce: ~642 Company Working: Dyaco is on the move business, since its incorporation the company is an active trader of Taipei that is connecting various sporting brands from different parts of the globe to the manufacturers in Taiwan. In the early 90’s more than 30% of overall sporting goods supplied to the US from Taiwan, and the company also made its contribution. The company Dyaco was initially incorporated by the name of Dyaco International Inc. With the surge in the whirlwind of competition, growth, and expansion, the company also made various investments and became a leading manufacturer itself. The company has developed its facilities for innovation, research, and development. To date, Dyaco is emerging as a foremost player with a business of innovative brands along with a product portfolio with the help of ownership of the product, licensing, strategic collaborations, partnerships, and various distribution agreements. The company manufactures various commercial and home fitness equipment, it designs, creates, and sells several products that include treadmills, elliptical trainers, exercise bikes (semi-recumbent and upright bikes), and other fitness-related products. Dyaco International Inc. manufactures home and commercial fitness equipment. Spirit, SOLE Fitness, UFC, XTERAA Fitness, Johnny G, and Dyaco Medical Systems are major brands under which the company offers various health and fitness equipment for commercial as well as residential applications. Spirit Fitness brand offers various cardiovascular equipment for commercial, medical facilities, and home applications with the simple aim to enhance the quality of life of every individual. Xterra Fitness equipment is conscientiously fabricated to provide improved performance along with complimenting the living space. SOLE Fitness is an award-winning partner brand of the company, that offers high-quality cardiovascular equipment for light commercial environments, and homes. Dyaco has partnered with Johnny G- a fitness innovator, through Spirits fitness brand to add premium cycling solutions for indoor fitness to its product portfolio.
Revenue$0.5B
Employees642
Market CapN/A
Founded1989
Taipei, Taiwan
iFIT Inc.
iFIT Inc.
Food & Beverages
Company Headquarters: Logan, US Founded: 1977 Workforce: ~2,400 Company Working: ICON Health and Fitness is the former name of iFIT Inc. The company produces and distributes various software, and equipment associated with gym and fitness. iFIT Inc. provides a platform that offers various live workouts on demand, in addition, it also provides several recommendations associated with nutrition, active recovery, mental health, and physical fitness. iFIT Inc. has various fitness equipment such as treadmills, ellipticals, climbers, fitness mirrors, bikes, rowers, yoga equipment, strength equipment, and accessories associated with it. NordicTrack, ProForm, Weider Global Nutrition are the major brands of the company. Freemotion Fitness and Sweat are the major brands under which iFIT offers its fitness equipment, training classes, mobile apps, and other fitness accessories. The company provides a two-way and unique experience to the users owing to the fact that more than 6.4 million people are engaged with the company. iFIT Inc. has developed proprietary software that connects with the devices and makes an interactive platform for workouts. The software permits its trainers to control remotely the conditions of equipment such as speed, digital weight, resistance, and inclination during the live-streamed sessions that result in an interactive, and touchless workout experience. The software of the company connects to the TV app, phone, or tablet. The company also provides classes such as explore classes, progressive series, google maps, iFIT Mind, global workouts, studio classes, Challenges, live events, cooking classes, and trainers. NordicTrack is one of the leading brands for ellipticals, and treadmills, that offers a complete and synergistic fitness experience to consumers across the globe. NordicTrack provides a new level of interaction with the help of machines that are controlled digitally by the trainers.
Revenue$0.7B
Employees2,400
Market CapN/A
Founded1976
Logan, US
Echelon Fi
Echelon Fitness Multimedia LLC
Food & Beverages
Company Headquarters: Tennessee, United States Founded: 2017 Workforce: ~290 Company Working: Echelon Fitness Multimedia LLC. (Echelon Fitness) is one of the manufacturers of various smart fitness and wellness equipment. The company also hosts several in-studio events in its studio situated in Hamburg, London, Paris, and the US through which the company records and conducts live training classes and on-demand video content. Through the Echelon Fit app, all the smart equipment can be connected and helps the customer in tracking the workout-related metrics and performance of the individual. Echelon Fitness has clientele across the gym, residential, and hotel sectors that house around 3500 equipment units of the company. The company has a clientele base spread across the US, Canada, the UK, France, Germany, and UAE.
RevenueN/A
Employees290
Market CapN/A
Founded2016
Tennessee, United States
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Fitness Equipment/Home & Gym Training Market
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