The Asia Pacific Home Fitness Equipment Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030).
Incorporating artificial intelligence (AI) and machine learning technology into home fitness equipment contributes to expanding the market. In the market, it is anticipated that AI-based personal trainers will be the next big thing. Google and Apple are developing intelligent peripheral devices that can virtually advise and assist users based on the compilation of health data.
Soon, these technological advances are anticipated to be the primary factor propelling the market. In addition, sedentary lifestyles and demanding schedules have increased the use of domestic fitness apparatus. Utilizing fitness equipment within the home to exercise minimizes the cost of a gym membership.
The short-term demand for residential fitness apparatus is increasing as many consumers desire to exercise daily. Contributing to this trend is preventative healthcare, an increasing preference for personalized training routines (including exercise time), and a cozy, home-like environment. Especially in developing nations, the inconvenience of traveling to a gym to use the machines, membership fees, and trainer fees has contributed to the recent growth of domestic exercise equipment.
During 2017–18, 67% of Australian citizens aged 18 and older were overweight or obese. 36% were categorized as overweight but not obese, while 31% were classified as obese. The specified demographic consists of approximately 12.5 million adults, according to estimates. According to the most recent national statistics for New Zealand, 13% of women and 10% of men are obese. On the other hand, 38% of females and 55% of males were overweight. Studies from around the world indicate that the prevalence of obesity is rising. This increasing prevalence of obesity in the region has increased interest in weight-controlling physical activities. Thus, the market is anticipated to experience robust growth prospects.
The China market dominated the Asia Pacific Home Fitness Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $907.1 million by 2030. The Japan market is anticipated to grow at a CAGR of 8% during (2023 - 2030). Additionally, The India market would register a CAGR of 9.4% during (2023 - 2030).
Based on Price Point, the market is segmented into Mid Price, Low Price, and Premium Price. Based on Product, the market is segmented into Cardiovascular Training Equipment, Treadmills, Stationary Cycles, Rowing Machines, Free Weights, Power Racks, and Elliptical & Others. Based on Distribution Channel, the market is segmented into Dealers, Retailers, Direct Distribution, Online, and Others. Based on End User, the market is segmented into Households, Gym in Apartment, and Apartment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Home Fitness Equipment Market is Projected to reach USD 11.8 Billion by 2030, at a CAGR of 7.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Icon Health & Fitness, Inc. (IHF Holding, Inc.), Johnson Health Tech Co., Ltd, Amer Sports, Core Health & Fitness, LLC, Nautilus, Inc., Technogym S.p.A., Hoist Fitness Systems, PureGym Limited (Pinnacle Bidco plc), Hammer Sport AG, and Rouge Fitness
Scope of the Study
Market Segments Covered in the Report:
By Price Point
- Mid Price
- Low Price
- Premium Price
By Product
- Cardiovascular Training Equipment
- Treadmills
- Stationary Cycles
- Rowing Machines
- Free Weights
- Power Racks
- Elliptical & Others
By Distribution Channel
- Dealers
- Retailers
- Direct Distribution
- Online
- Others
By End User
- Households
- Gym in Apartment
- Apartment
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Icon Health & Fitness, Inc. (IHF Holding, Inc.)
- Johnson Health Tech Co., Ltd
- Amer Sports
- Core Health & Fitness, LLC
- Nautilus, Inc.
- Technogym S.p.A.
- Hoist Fitness Systems
- PureGym Limited (Pinnacle Bidco plc)
- Hammer Sport AG
- Rouge Fitness
TABLE 1 Asia Pacific Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Mid Price Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Mid Price Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Low Price Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Low Price Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Premium Price Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Premium Price Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Cardiovascular Training Equipment Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Cardiovascular Training Equipment Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Treadmills Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Treadmills Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Stationary Cycles Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Stationary Cycles Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Rowing Machines Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Rowing Machines Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Free Weights Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Free Weights Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Power Racks Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Power Racks Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Elliptical & Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Elliptical & Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Dealers Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Dealers Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Retailers Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Retailers Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Direct Distribution Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Direct Distribution Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Online Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Online Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Households Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Households Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Gym in Apartment Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Gym in Apartment Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Apartment Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Apartment Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Home Fitness Equipment Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Home Fitness Equipment Market by Country, 2023 - 2030, USD Million
TABLE 49 China Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 50 China Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 51 China Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 52 China Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 53 China Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 54 China Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 55 China Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 56 China Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 57 China Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 58 China Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 59 Japan Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 60 Japan Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 61 Japan Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 62 Japan Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 63 Japan Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 64 Japan Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 65 Japan Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 Japan Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 Japan Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 68 Japan Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 69 India Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 70 India Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 71 India Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 72 India Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 73 India Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 74 India Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 75 India Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 76 India Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 77 India Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 78 India Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 79 South Korea Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 80 South Korea Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 81 South Korea Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 82 South Korea Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 83 South Korea Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 84 South Korea Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 85 South Korea Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 86 South Korea Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 87 South Korea Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 88 South Korea Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 89 Singapore Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 90 Singapore Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 91 Singapore Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 92 Singapore Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 93 Singapore Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 94 Singapore Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 95 Singapore Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 96 Singapore Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 97 Singapore Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 98 Singapore Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 99 Malaysia Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 100 Malaysia Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 101 Malaysia Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 102 Malaysia Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 103 Malaysia Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 104 Malaysia Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 105 Malaysia Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 106 Malaysia Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 107 Malaysia Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 108 Malaysia Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 109 Rest of Asia Pacific Home Fitness Equipment Market, 2019 - 2022, USD Million
TABLE 110 Rest of Asia Pacific Home Fitness Equipment Market, 2023 - 2030, USD Million
TABLE 111 Rest of Asia Pacific Home Fitness Equipment Market by Price Point, 2019 - 2022, USD Million
TABLE 112 Rest of Asia Pacific Home Fitness Equipment Market by Price Point, 2023 - 2030, USD Million
TABLE 113 Rest of Asia Pacific Home Fitness Equipment Market by Product, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Home Fitness Equipment Market by Product, 2023 - 2030, USD Million
TABLE 115 Rest of Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 116 Rest of Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 117 Rest of Asia Pacific Home Fitness Equipment Market by End User, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Home Fitness Equipment Market by End User, 2023 - 2030, USD Million
TABLE 119 Key Information – Icon Helath Fitness, inc.
TABLE 120 Key Information – johnson health tech co., ltd
TABLE 121 Key Information – Amer Sports
TABLE 122 Key Information – Core Health & Fitness, LLC
TABLE 123 Key Information – Nautilas, Inc.
TABLE 124 Key Information – Technogym S.p.A.
TABLE 125 Key Information – Hoist Fitness Systems
TABLE 126 Key Information – PureGym Limited
TABLE 127 Key Information – Hammer Sport AG
TABLE 128 Key Information – Rogue Fitness
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Home Fitness Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors home fitness equipment market
FIG 4 Porter’s Five Forces Analysis - Home Fitness Equipment Market
FIG 5 Asia Pacific Home Fitness Equipment Market share by Price Point, 2022
FIG 6 Asia Pacific Home Fitness Equipment Market share by Price Point, 2030
FIG 7 Asia Pacific Home Fitness Equipment Market by Price Point, 2019 - 2030, USD Million
FIG 8 Asia Pacific Home Fitness Equipment Market share by Product, 2022
FIG 9 Asia Pacific Home Fitness Equipment Market share by Product, 2030
FIG 10 Asia Pacific Home Fitness Equipment Market by Product, 2019 - 2030, USD Million
FIG 11 Asia Pacific Home Fitness Equipment Market share by Distribution Channel, 2022
FIG 12 Asia Pacific Home Fitness Equipment Market share by Distribution Channel, 2030
FIG 13 Asia Pacific Home Fitness Equipment Market by Distribution Channel, 2019 - 2030, USD Million
FIG 14 Asia Pacific Home Fitness Equipment Market share by End User, 2022
FIG 15 Asia Pacific Home Fitness Equipment Market share by End User, 2030
FIG 16 Asia Pacific Home Fitness Equipment Market by End User, 2019 - 2030, USD Million
FIG 17 Asia Pacific Home Fitness Equipment Market share by Country, 2022
FIG 18 Asia Pacific Home Fitness Equipment Market share by Country, 2030
FIG 19 Asia Pacific Home Fitness Equipment Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Icon Health & Fitness, Inc.
FIG 21 SWOT Analysis: Johnson Health Tech Co., Ltd
FIG 22 SWOT Analysis: Amer Sports
FIG 23 Recent strategies and developments: Core Health & Fitness, LLC
FIG 24 SWOT Analysis: Core Health & Fitness, LLC
FIG 25 Recent strategies and developments: Nautilus, Inc.
FIG 26 SWOT Analysis: Nautilus, Inc.
FIG 27 SWOT Analysis: Technogym S.p.A.
FIG 28 SWOT Analysis: Hoist Fitness Systems
FIG 29 SWOT Analysis: PureGym Limited