Home Gym Equipment Market Report 2025 (Global Edition)

Global Home Gym Equipment Market Report 2025 Market Size Split by Equipment Type (Cardiovascular Training Equipment, Strength Training Equipment), by Category (Conventional Equipment, Smart Equipment)...

Home Gym Equipment Market Report Description

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Home Gym Equipment Market Insights Video

Competitive Landscape of the Home Gym Equipment Market

In the Home Gym Equipment market's competitive landscape, numerous key competitors are driving innovation and growth. In order to fortify their market position, major manufacturers of home fitness equipment are expanding their retail presence in emerging markets. In addition, they are integrating AI technology into their fitness related products. This will enable them to transform the residential fitness equipment industry.

In January 2021, iFit Health & Fitness Inc. collaborated with Matrix Fitness to integrate its iFit-powered technology into Matrix Fitness's line of home fitness apparatus. (Source: https://www.matrixfitness.com/eng/about-us/press-releases/matrix-fitness-partners-with-ifit) In January 2021, According to Hoist Fitness Systems Inc., the Mi7Smith Functional Trainer has been awarded the 2021 Men's Health Home Gym Award. (Source: https://www.hoistfitness.com/products/mi7smith-functional-training-system?srsltid=AfmBOorzUWQq6m2hCnV1_44YoRTP7Rpd9IcA_IxyDduh7yHUyTc-Grx4) In February 2023, Adidas AG and Les Mills have formed a partnership to offer omnifitness exercises to Gen-Zers at events, at home, and in clubs. (Source: https://www.lesmills.com/fit-planet/media/adidas-and-les-mills-announce-new-brand-partnership-to-shape-the-future-of-training/)

Top Companies Market Share in Home Gym Equipment Industry: (In no particular order of Rank)

• Icon Health & Fitness
• Inc. (U.S.)
• Johnson Health Tech Co.
• Ltd. (U.S.)
• Amer Sports Corporation (Finland)
• Core Health & Fitness
• LLC (U.S.)
• Nautilus
• Inc. (U.S.)
• Technogym S.p.A. (Italy)
• Hoist Fitness Systems (U.S.)
• Fitness World AS (Denmark)
• HAMMER SPORT AG (Germany)
• Rogue Fitness. (U.S.)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Home Gym Equipment Market

Which Region Dominates the Home Gym Equipment Market in 2024?

According to Cognitive Market Research, North America currently dominates the Home Gym Equipment market, and the region is expected to have significant growth during the projected period. The establishment of a home gymnasium has increased due to the increasing number of opulent residences, which will significantly increase product consumption.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The market growth is being driven by the increased expenditure on residential fitness apparatus, which is a result of the increasing number of dual-income households.

The current report Scope analyzes Home Gym Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Home Gym Equipment Market Analysis

According to Cognitive Market Research, the global Home Gym Equipment market size was estimated at USD 12542.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 5016.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Home Gym Equipment market with a market size of USD 3958.32 million in 2024 and is anticipated to grow at a CAGR of 3.0% during the projected period. The U.S. market's technological advancements, increasing obesity rates, and increased health awareness.
• The Canada Home Gym Equipment market had a market share of USD 602.03 million in 2024 and is anticipated to grow at a CAGR of 4.0% during the projected period. Canada’s increasing health awareness, government support for physical activity, and an increase in obesity rates.
• The Mexico Home Gym Equipment market is anticipated to see growth at a CAGR of 3.7% during the projected period, with a market size of USD 456.54 million in 2024.

Europe Home Gym Equipment Market Analysis

According to Cognitive Market Research, the global Home Gym Equipment market size was estimated at USD 12542.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3762.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom Home Gym Equipment market had a market share of USD 632.13 million in 2024 and is anticipated to grow at a CAGR of 4.3% during the projected period. In the UK, \ Home Gym Equipment sales see an upswing due to the increasing urban population, the increasing awareness of health, and the trend of home-based gym installations.
• The France Home Gym Equipment market is anticipated to see growth at a CAGR of 2.7% during the projected period, with a market size of USD 346.16 million in 2024.
• According to Cognitive Market Research, the German Home Gym Equipment market size was valued at USD 745.01 million in 2024 and is anticipated to grow at a CAGR of 3.7% during the projected period. In Germany, Home Gym Equipment surged due to the convenience of domestic fitness solutions, and the increasing urban population.
• The Italy Home Gym Equipment market is anticipated to see growth at a CAGR of 2.9% during the projected period, with a market size of USD 323.59 million in 2024.
• The Russia Home Gym Equipment market is anticipated to see growth at a CAGR of 2.5% during the projected period, with a market size of USD 583.21 million in 2024.
• The Spain Home Gym Equipment market is anticipated to see growth at a CAGR of 2.6% during the projected period with a market size of USD 308.54 million in 2024
• The Luxembourg Home Gym Equipment market is anticipated to see growth at a CAGR of 3.6% during the projected period, with a market size of USD 116.64 million in 2024.
• The Portugal Home Gym Equipment market is anticipated to see growth at a CAGR of 3.3% during the projected period, with a market size of USD 79.02 million in 2024.
• The Greece Home Gym Equipment market is anticipated to see growth at a CAGR of 3.8% during the projected period, with a market size of USD 45.15 million in 2024.
• The Rest of Europe's Home Gym Equipment market is anticipated to see growth at a CAGR of 2.2% during the projected period, with a market size of USD 583.21 million in 2024.

Asia Pacific Home Gym Equipment Market Analysis

According to Cognitive Market Research, the global Home Gym Equipment market size was estimated at USD 12542.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2884.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Home Gym Equipment market size was valued at USD 1298.12 million in 2024 and is anticipated to grow at a CAGR of 6.5% during the projected period. Home Gym Equipment surged in China due to expansion of the middle class, the increasing awareness of health, and government initiatives that promote fitness.
• The Japan Home Gym Equipment market is anticipated to see growth at a CAGR of 5.5% during the projected period, with a market size of USD 398.09 million in 2024.
• The India Home Gym Equipment market had a market share of USD 346.16 million in 2024 and is anticipated to grow at a CAGR of 8.8% during the projected period. India's increasing urban populations, celebrity endorsements, and a growing culture of health consciousness.
• The South Korean Home Gym Equipment market is anticipated to see growth at a CAGR of 6.1% during the projected period, with a market size of USD 288.47 million in 2024.
• The Australian Home Gym Equipment market is anticipated to see growth at a CAGR of 6.7% during the projected period, with a market size of USD 150.00 million in 2024.
• The South East Asia Home Gym Equipment market is anticipated to see growth at a CAGR of 8.0% during the projected period, with a market size of USD 199.04 million in 2024.
• The Rest of Asia Pacific Home Gym Equipment market is anticipated to see growth at a CAGR of 6.8% during the projected period, with a market size of USD 204.81 million in 2024.

South America Home Gym Equipment Market Analysis

According to Cognitive Market Research, the global Home Gym Equipment market size was estimated at USD 12542.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 627.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Home Gym Equipment market size was valued at USD 268.40 million in 2024 and is anticipated to grow at a CAGR of 5.0% during the projected period. Home Gym Equipment flourished in Brazil due to increasing health awareness, an increase in obesity rates, and an increase in the number of fitness facilities and gyms.
• Argentina's Home Gym Equipment market had a market share of USD 105.35 million in 2024 and is anticipated to grow at a CAGR of 5.3% during the projected period. Argentina's increasing participation of young people in sports, and the rise in disposable incomes.
• Colombia Home Gym Equipment market is anticipated to see growth at a CAGR of 4.2% during the projected period, with a market size of USD 55.81 million in 2024.
• Peru Home Gym Equipment market is anticipated to see growth at a CAGR of 4.6% during the projected period, with a market size of USD 51.42 million in 2024.
• Chile Home Gym Equipment market is anticipated to see growth at a CAGR of 4.7% during the projected period, with a market size of USD 45.15 million in 2024.
• The Rest of Latin America's Home Gym Equipment market is anticipated to see growth at a CAGR of 3.5% during the projected period, with a market size of USD 100.96 million in 2024.

Middle East Home Gym Equipment Market Analysis

According to Cognitive Market Research, the global Home Gym Equipment market size was estimated at USD 12542.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 250.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The GCC Countries Home Gym Equipment market is anticipated to see growth at a CAGR of 5.5% during the projected period, with a market size of USD 107.36 million in 2024. Home Gym Equipment sales flourish due to the rising urban populations, rising disposable incomes, and government initiatives that advocate for a healthy lifestyle.
• The Egypt Home Gym Equipment market is anticipated to see growth at a CAGR of 5.0% during the projected period, with a market size of USD 26.34 million in 2024.
• The South Africa Home Gym Equipment market is anticipated to see growth at a CAGR of 5.7% during the projected period, with a market size of USD 39.63 million in 2024. Home Gym Equipment sales flourished in South Africa due to increase in home-based gym installations, the rise in disposable incomes, and the increasing awareness of health and fitness.
• The Turkey Home Gym Equipment market is anticipated to see growth at a CAGR of 4.2% during the projected period, with a market size of USD 21.57 million in 2024.
• The Nigeria Home Gym Equipment market is anticipated to see growth at a CAGR of 3.8% during the projected period, with a market size of USD 26.34 million in 2024.
• The Rest of the MEA Home Gym Equipment market is anticipated to see growth at a CAGR of 3.7% during the projected period, with a market size of USD 29.60 million in 2024.

Home Gym Equipment Market Analysis

Home Gym Equipment Market Equipment Type Segment Analysis

According to Cognitive Market Research, Cardiovascular Training Equipment are likely to dominate the Home Gym Equipment Market over the forecast period. Treadmills, stationary cycles, and elliptical trainers figure prominently in this segment. The pervasive recognition of cardiovascular exercise's benefits for cardiac health, weight management, and overall fitness is indicative of the sector's dominance.

The Strength Training Equipment is the fastest-growing segment in the Home Gym Equipment Market. This expansion is fueled by an escalating emphasis on functional fitness, strength training, and muscle development. During and following the COVID-19 pandemic, the prominence of home exercises has increased, resulting in a greater number of individuals investing in equipment such as home gyms, resistance bands, and free weights.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Home Gym Equipment Industry. Request a Free Sample PDF!

Home Gym Equipment Market Category Segment Analysis

According to Cognitive Market Research, the Conventional Equipment segment holds the largest share of the market. Traditional fitness equipment, such as treadmills, stationary cycles, and loose weights, are included in this category. The long-standing market presence, affordability, and familiarity of conventional equipment are the reasons for its dominance. Numerous individuals are acquainted with these types of equipment and favor them due to their dependability and efficiency.

In the Home Gym Equipment Market, the Smart Equipment has been expanding at a rapid pace. This expansion is fuelled by the growing incorporation of sophisticated technologies, including artificial intelligence (AI), virtual reality (VR), and connected fitness applications. Individualized training programs, real-time feedback, and the capacity to monitor progress through applications are among the features that smart equipment provides, thereby enhancing the efficiency and enjoyment of exercises.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Home Gym Equipment Price Range Segment Analysis

Home Gym Equipment Market Price Range Segment Analysis

According to Cognitive Market Research, The Medium segment holds the largest market share. This category is accessible to a diverse array of consumers due to its ability to establish a balance between affordability and functionality. Essential items such as treadmills, stationary cycles, and free weights are frequently included in medium-priced equipment, which are popular choices for home gyms.

In the Home Gym Equipment market, the rapidly growing sector is the High/Premium. This growth is fueled by the growing demand for high-quality, sophisticated equipment that provides improved features and durability. Premium products that offer a superior exercise experience, such as smart apparatus with connectivity and personalized training programs, are willingly purchased by consumers.

• Low
• Medium
• High/Premium

Home Gym Equipment Distribution Channel Segment Analysis

Home Gym Equipment Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the Offline segment dominates the market. Consumers frequently favor purchasing for fitness equipment at physical stores due to the ability to observe and test the products in person, receive expert advice, and circumvent potential logistical challenges associated with online shopping.

Online is projected to be the fastest-growing segment in the Home Gym Equipment market. Online sales have experienced accelerated growth due to the convenience of purchasing from home, the ability to compare prices and read reviews, and a broader selection of product options.

• Online
• Offline

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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