DUBLIN, Sept. 10, 2021 /PRNewswire/ -- The report has been added to ResearchAndMarkets.com's offering.
The US home fitness equipment market has increased significantly during the years 2018-2020, the market flourished more progressively in 2020 owing to spread of COVID-19. Furthermore, projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously.
The home fitness equipment market is expected to increase due to rising millennial population, growing prevalence of obesity, rapid urbanization, increasing incidence of chronic diseases, surging online sales of fitness equipment, soaring fitness conscious population, etc. Moreover, the market faces some challenges such as space limitation, high cost of fitness equipment, etc.
The market is fairly fragmented with several market players operating in different states. The key players of the home fitness equipment market are Peloton Interactive, Inc., Nautilus, Inc., Technogym S.p.A., and Johnson Health Tech Co. Ltd., and are profiled with their financial information and respective business strategies.
Fitness equipment is a sub-category of the larger sporting goods sector. Fitness equipment can be used at home to complete a good fitness routine. Home fitness equipment is defined as a machine that is used to perform any fitness activity, or to exercise at home. The major fitness equipment that are used for physical exercise at home include treadmills, weight machines, elliptical machines,...
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