At-home fitness equipment market 2024 gyms move into homes

The global at-home fitness equipment market was valued at USD 8.07 billion in 2022, and is set to reach a staggering USD 18.8 billion by 2032, according to recent reports.

At-Home Fitness Boom With the onset of the coronavirus pandemic, people all over the world have experienced a drastic shift in their lifestyles, particularly in terms of physical activity. As a result, the demand for at-home fitness equipment has seen a steep rise due to customers' keenness to incorporate regular physical activity into their everyday lives and cultivate healthier living habits. The At-home Fitness Equipment Market report prepared by Brainy Insights Pvt. Ltd. highlights the market's growth trajectory, predicting a CAGR of 8.3% from 2023 to 2032. The report also breaks down the market into four common categories: strength training equipment, cardio training equipment, yoga and Pilates equipment and other equipment. “Our report notes that the demand for strength training equipment has seen a sharp rise in recent years," says Avinash D, head analyst at Brainy Insights Pvt. Ltd. "This is, in part, due to the increasing affinity customers have for this segment, especially with the influx of home gym kits, power racks and barbells." The report also traces the impact of the pandemic on the at-home fitness equipment market and notes that while health clubs have seen a decline in sales, home fitness equipment sales have witnessed a significant increase due to the closure of gyms and other fitness-based activities. “The changing landscape of the health and fitness industry has caused customers to invest in high-quality equipment that's persistently efficient and durable,” says D. "It's clear that customers are no longer willing to settle for low-quality equipment and are instead investing in pieces that stand the test of time.”

The At-home Fitness Equipment Market is expected to grow at a CAGR of 8.3% from 2023 to 2032, driven by a surge in demand due to the coronavirus pandemic and customers' preference for high-quality, durable equipment.

Brainy Insights Pvt. Ltd. is dedicated to providing reliable reports and forecasts of the at-home fitness equipment market. We invite customers to take a deeper look into our findings and reports and make an informed decision when investing in their own fitness equipment.