Key Findings
The North America fitness equipment market is projected to grow with a CAGR of 3.23% over the forecasting years of 2021 to 2028. The regional market’s growth is credited to the rising trend of workouts at home, the surging awareness of health and fitness, as well as the increasing prevalence of fitness centers and gyms.

Market Insights
The North America fitness equipment market growth assessment includes the analysis of Canada and the United States. As per the Government of Canada, 26.8% of Canadians aged 18 and older, accounting for nearly 7.3 million adults, were obese in 2018. In addition, approximately 9.9 million adults, equating to more than 36%, were overweight. Hence, the increasing incidence of obesity in Canada fuels the country’s demand for fitness equipment.
Conversely, the growing trend of workouts at home plays an integral role in terms of bolstering the fitness equipment market growth in Canada. Several Canadians have also begun focusing on key areas such as nutrition as well as fitness. In 2020, Canada harbored a total of 13,488 gyms and fitness centers, according to the Core List. In this regard, the notable presence of gyms and fitness centers further contributes to the country’s surging demand for fitness equipment. Therefore, these aspects are primarily associated with the fitness equipment market growth in North America across the forecasted period.

Competitive Insights
Leading companies functioning in the market are iFIT Health & Fitness Inc, Peloton Interactive Inc, Life Fitness, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments