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The Australia home fitness equipment market size is projected to grow at a CAGR of 2.50% between 2024 and 2032.
The Australia home fitness equipment market growth is influenced by factors beyond the rising health consciousness among Australians, the impact of the COVID-19 pandemic, and technological advancements. The increasing popularity of subscription-based fitness services offering virtual workout classes, personalised training programs, and live streaming sessions is reshaping how consumers access fitness solutions and driving the demand for home fitness equipment that complements these services. Since the pandemic, fitness equipment sales have increased by 170% in Australia.
The integration of AI and VR technologies in home fitness equipment, enabling immersive workout experiences, personalised coaching, and real-time performance tracking, is revolutionising the fitness industry, and attracting tech-savvy consumers seeking engaging fitness solutions.
Additionally, the growing awareness of the link between physical fitness and mental well-being is driving the demand for home fitness equipment that offers stress-relief features, mindfulness exercises, and holistic wellness programs, catering to consumers looking for comprehensive health solutions.
The incorporation of health monitoring technologies like heart rate monitors, sleep trackers, and biometric sensors in home fitness equipment is enhancing the overall fitness experience by providing users with real-time health data and insights, promoting growth in the market.
Cardiovascular equipment, including treadmills and stationary bikes, is leading the Australia home fitness equipment market share, while strength equipment like adjustable kettlebells, dumbbells, mini resistance bands, ab wheels, and weight plates are also significant players. Strength training equipment caters to individuals looking to build muscle strength and endurance at home. Cardiovascular training equipment offers diverse cardio workout solutions for individuals aiming to enhance their cardiovascular fitness levels and overall physical performance. Meanwhile, accessories like weighted jump ropes, foam rollers, and other items complement home workouts by enhancing flexibility, recovery, and overall fitness routine.
Australia Home Fitness Equipment Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Product Type
Market Breakup by Price Point
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Market players are emphasising the production and marketing of high-quality home workout equipment to capitalise on the growing trend of home exercises.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Price Point |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Home Fitness Equipment Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Home Fitness Equipment Historical Market (2018-2023)
8.3 Asia Pacific Home Fitness Equipment Market Forecast (2024-2032)
9 Australia Home Fitness Equipment Market Overview
9.1 Key Industry Highlights
9.2 Australia Home Fitness Equipment Historical Market (2018-2023)
9.3 Australia Home Fitness Equipment Market Forecast (2024-2032)
10 Australia Home Fitness Equipment Market by Product Type
10.1 Strength Training Equipment
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Adjustable Kettlebell
10.1.3.2 Mini Resistance Bands
10.1.3.3 Ab Wheel
10.2 Accessories
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Weighted Jump Rope
10.2.3.2 Foam Roller
10.2.3.3 Others
10.3 Cardiovascular Training Equipment
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Type
10.3.3.1 Punching Bag
10.3.3.2 Treadmill
10.3.3.3 Air Bike
10.3.3.4 Others
11 Australia Home Fitness Equipment Market by Price Point
11.1 Low
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Luxury
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Home Fitness Equipment Market by End Use
12.1 Apartment
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Households
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Australia Home Fitness Equipment Market by Distribution Channel
13.1 Offline
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Online
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Australia Home Fitness Equipment Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Johnson Health Tech Australia Pty Ltd
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Technogym Australia Pty Ltd
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Monsta Pty Ltd
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Aussie Fitness Equipment Pty Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 VERVE Fitness Pty Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Home Fitness Equipment Market: Key Industry Highlights, 2018 and 2032
2. Australia Home Fitness Equipment Market: Key Industry Highlights, 2018 and 2032
3. Australia Home Fitness Equipment Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Australia Home Fitness Equipment Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Australia Home Fitness Equipment Historical Market: Breakup by Price Point (USD Million), 2018-2023
6. Australia Home Fitness Equipment Market Forecast: Breakup by Price Point (USD Million), 2024-2032
7. Australia Home Fitness Equipment Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Australia Home Fitness Equipment Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Australia Home Fitness Equipment Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Australia Home Fitness Equipment Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Australia Home Fitness Equipment Historical Market: Breakup by Region (USD Million), 2018-2023
12. Australia Home Fitness Equipment Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Australia Home Fitness Equipment Structure
The home fitness equipment market value is expected to grow at a CAGR of 2.50% between 2024 and 2032.
The market is being driven due to rising health consciousness among Australians, the health impact of the COVID-19 pandemic, and integration of advanced technologies in home fitness equipment.
Key trends aiding the market expansion include emergence of subscription-based fitness services offering virtual workout classes, the integration of AI and VR technologies for immersive experiences, a focus on mental well-being through stress-relief features, focus on sustainable and eco-friendly designs, and the integration of health monitoring technologies.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
The market can be categorised by price point into low, mid, luxury, and others.
The market can be segmented by product type into strength training equipment, which includes items like adjustable kettlebells, mini resistance bands, ab wheels, and others; accessories such as weighted jump ropes, foam rollers, and more; and cardiovascular training equipment like punching bags, treadmills, and air bikes, among others.
Key players in the market are Johnson Health Tech Australia Pty Ltd, Technogym Australia Pty Ltd, Monsta Pty Ltd, Aussie Fitness Equipment Pty Ltd, and VERVE Fitness Pty Ltd, among others.
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