Your Shopping Cart Is Empty
| Report Code: A16177 | May 2022 | Pages: 215 | ||
| Tables: 122 | Charts: 59 |
| |
The global outdoor fitness equipment market size was valued at $1.5 billion in 2020, and is projected to reach $1.8 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.
The COVID-19 outbreak has disrupted the fitness market across the globe. Furthermore, the impact of the pandemic on society and the economy has been witnessed as a result of global lockdowns. Restrictions on travel, airline suspensions, and most importantly, slowdown in the economy have affected the business of fitness equipment manufacturers across the globe. Consumers' outdoor fitness routine has changed by the growing perception of the risk associated with COVID-19. Consumers are avoiding the use of commercial and outdoor gym to reduce the risk of infection, which has had a direct impact on the growth of the overall fitness sector, thus hindering the outdoor fitness equipment market growth.
Outdoor fitness equipment is any piece of equipment or instrument that is used during regular exercise to change total mass, boost cardiovascular endurance, and build framework muscle mass & tolerance. It further serves to reinforce the strength or conditioning benefits of physical workout programs by providing either continuous or variable amounts of resistance, hence increasing the enjoyment or end results of a training routine. Outdoor training equipment comes in a variety of shapes and sizes, each with its own set of characteristics for working on different parts of the human frame. Outdoor fitness equipment is intended for use in public or private open areas.
The outdoor fitness equipment market is segmented into product type, application, and region. On the basis of type, the market is categorized into action series, heavy duty series, and regular series. Depending on application, it is segregated into public institutions, fitness parks & trails, government fitness centers, outdoor gyms, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, Saudi Arabia, and rest of LAMEA).
On the basis of product type, the action series segment gained a major share in the global market in 2020, and is expected to sustain its market share during the outdoor fitness equipment forecast period. The action series segment was growing, with a CAGR of 3.6%. The growth of this segment is attributed to the usage of action series equipment by global consumers to exercise daily and maintain their fitness. Action series equipment are the most common type of equipment chosen by consumers as they offer appropriate results and is easy to use, which boosts the outdoor fitness equipment market demand.
According to the outdoor fitness equipment market analysis, by application, the outdoor gym gained a major share in 2020, and is expected to sustain its market share during the outdoor fitness equipment market forecast period, with a CAGR of 4.1%. As outdoor gyms are the most common place that consumers prefers to work out and the outdoor gym offers an access to heavy weight equipment that are used by the bodybuilders to train, which fuels the outdoor fitness equipment market growth.
Region wise, North America dominated the outdoor fitness equipment market in 2020, and is estimated to exhibit a CAGR of 3.8%, as a higher percentage of population prefers to visit outdoor gym and workout in North American countries.
The players operating in the global outdoor fitness equipment industry have adopted various developmental strategies to expand their outdoor fitness equipment market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Landscape Structures Inc., Beckmann, SportsPlay Equipment, Inc., Wicksteed Leisure Ltd, PlayCore Inc., Outdoor Fitness, Inc., Proludic Ltd., Xccent, Inc., the Great Outdoor Gym Company Ltd., and Kompan, Inc.
Outdoor fitness equipment Market Report Highlights
| Aspects | Details |
|---|---|
| By Product Type |
|
| By Application |
|
| By Region |
|
| Key Market Players | Proludic Ltd, PlayCore Inc., Wicksteed Leisure Ltd, Kompan. A/S, Xccent, Inc, Stayfit Health and Fitness World Private Limited, Landscape Structures Inc., SportsPlay Equipment, Inc, Outdoor Fitness, Inc., The Great Outdoor Gym Company Ltd |
According to CXOs, the COVID-19 pandemic impacted the growth of the global fitness equipment industry, on the other hand, it has raised awareness among consumers to maintain proper fitness as exercising regularly would aid in improving fitness and would benefit in the long term. Rise in awareness among consumers has forced them to get into fitness, which, in return, increased the demand for in-home as well as outdoor fitness equipment. Furthermore, governments of different countries are taking initiatives for building outdoor fitness centers for their citizens and motivating them to get into fitness. These initiatives taken by governments are expected to increase the sales of outdoor fitness products, therefore boosting the growth of the overall fitness equipment industry.
A. The global outdoor fitness equipment market size was valued at $1,524.7 million in 2020, and is projected to reach $1,810.6 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
A. The global outdoor fitness equipment market registered a CAGR of 4.3% from 2021 to 2030.
A. Raise the query and paste the link of the specific report and our sales executive will revert with the sample.
A. The forecast period in the outdoor fitness equipment market report is from 2021 to 2030.
A. The top companies that hold the market share in outdoor fitness equipment market include PlayCore Inc., Outdoor Fitness, Inc., Proludic Ltd., Xccent, Inc., the Great Outdoor Gym Company Ltd., and Kompan, Inc.
A. The outdoor fitness equipment market report has 2 segments. The segments are product type and application.
A. The emerging countries in the outdoor fitness equipment market are likely to grow at a CAGR of more than 8% from 2021 to 2030.
A. Post COVID-19, the ease of lockdown had lifted the restriction of outdoor movement and with the increasing population interested in fitness will fuel the need for outdoor gyms, therefore boosting the sales of outdoor fitness equipment.
A. Asia-Pacific will dominate the outdoor fitness equipment market by the end of 2030.
Start reading instantly.
This Report and over 66,905+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Contact Details
Need to talk to an expert? Book your free consultation and let our research experts help you with your needs/problems.
Global Report 
Regional Report
Country Report
Related Report