The Outdoor Gym Equipment Market is being driven by Increasing awareness of diabetes and obesity
The Outdoor Gym Equipment Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 579 million. The increasing trend towards comprehensive fitness regimens has led to a significant surge in the popularity of outdoor gyms. These facilities offer adults an opportunity to train and exercise outside of traditional gym settings, providing a convenient and accessible alternative. The rise of sedentary lifestyles, driven by increased screen time and long work hours, has contributed to a growing concern over obesity rates, particularly among the youth in the US. In response, governments worldwide are promoting the advantages of regular physical activity through the installation of outdoor gyms. These community fitness hubs offer an effective solution to combat the health challenges posed by sedentary lifestyles, encouraging adults to engage in regular exercise and improve their overall well-being.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
232 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market growth 2025-2029 |
USD 579 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.6 |
Key countries |
US, Canada, China, UK, Japan, Germany, India, South Korea, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Outdoor Gym Equipment Market encompasses a variety of fitness apparatuses, including Resistance Bands, Pull-Up Bars, Dip Bars, Parallel Bars, Monkey Bars, Outdoor Treadmills, Elliptical Trainers, Stationary Bikes, Rowing Machines, Weight Machines, Bench Presses, Cable Machines, Power Racks, and Inclusive Outdoor Gyms, designed for effective workouts in natural environments.
The Outdoor Gym Equipment market falls under the broader category of Leisure Products within the Household Durables sector. This segment encompasses Calisthenics Equipment, Strength Training Equipment, Cardiovascular Equipment, and Outdoor Gym Stations. The global Household Durables market size is determined by Technavio as the combined revenue generated by manufacturers of various household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of this market is primarily driven by the surge in health and fitness club memberships, which have seen consistent growth over the past decade. The increasing number of health and fitness clubs presents significant opportunities for the Outdoor Gym Equipment market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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