Fitness Equipment Market Share

North American Market Forecast   

The North American fitness equipment market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the increasing number of people indulged in physical activities, followed by a rise in the number of gym membership. Men were found to engage in sports, exercise, and leisure activities on a daily basis in the year 2021 at a rate of around 23% compared to women's rate of nearly 20% in the United States. Furthermore, almost 64 million Americans were discovered to be members of health clubs and fitness centers in 2019. Besides this, the rising count of obese people is also expected to augment the market growth in the region. Around 27% of Canadians aged 18 and older, or around 7.3 million persons reported having obesity-related height and weight in 2018. An additional about 10 million adults were categorized as overweight in 2018.

APAC Market Statistics

The Asia Pacific fitness equipment market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The market growth in the region is expected on the account of rising interest of people in fitness activities. According to the survey of the Health, Wellness Fitness Expo, the pandemic has heightened people's excitement for exercise and sports. It found that in China, the number of individuals participating in fitness activities climbed from 68.12 million in 2019 to 70.29 million in 2020, with a 5.02 percent fitness population penetration rate. Furthermore, rising cases of people suffering from chronic issues and higher government efforts to create awareness about physical fitness.