GITNUX MARKETDATA REPORT 2024

Home Fitness Industry Statistics [Fresh Research]

Statistic 1

"It is important to replace high impact movements with low impact or slower movements when exercising at home."

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Statistic 2

"Home fitness has been around for centuries, but has become increasingly popular since the Covid-19 pandemic closed gyms around the world."

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Statistic 3

"The global home fitness equipment market is expected to reach USD 14.2 billion by 2028."

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Statistic 4

"The home fitness industry will experience a CAGR (Compound Annual Growth Rate) of 3.0% from 2021 to 2028."

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Statistic 5

"The COVID-19 pandemic led to a 170% increase in sales for home fitness equipment in 2020."

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Statistic 6

"The North American market for home fitness equipment is anticipated to witness the fastest growth during the forecast period."

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Statistic 7

"Treadmills made up 25.2% of the home fitness equipment market segment in 2020."

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Statistic 8

"In 2020, North America held 39.3% of the global market share for home fitness equipment."

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Statistic 9

"The online distribution channel for the home fitness equipment market is expected to grow at a CAGR of 5.5% during the forecast period."

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Statistic 10

"The global fitness equipment market is expected to reach nearly USD 15.2 billion by 2026."

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Statistic 11

"Female consumers accounted for 56.7% of the usage of home fitness equipment in 2020."

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Statistic 12

"In 2020, people in the age group of 26-35 years accounted for the largest share (33.8%) of the customer base for home fitness equipment."

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Statistic 13

"Peloton Interactive’s revenue increased by USD 757 million between the years 2019 and 2020."

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Statistic 14

"Strength training equipment accounted for 24.7% of market share in 2020."

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Statistic 15

"The Asia-Pacific home fitness equipment market is expected to grow at a CAGR of 4.1% between 2021 and 2028."

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Statistic 16

"In 2020, Peloton’s US userbase surged to more than 4 million members, largely driven by COVID-19."

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Statistic 17

"59% of Americans preferred working out at home in 2020."

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Statistic 18

"Home fitness equipment sales generated around USD 2.3 billion in 2020."

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Statistic 19

"The market for home fitness apps is expected to reach USD 10.9 billion by 2026."

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