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 outdoor gym equipment market is experiencing significant growth due to the increasing trend towards comprehensive workouts outside of traditional gym settings. These facilities, often referred to as adult playgrounds, provide an accessible and convenient solution for individuals seeking to incorporate fitness into their busy lifestyles. The rise of sedentary activities such as social media and video games has contributed to a concerning increase in obesity rates, particularly among the youth in the US. In response, governments worldwide are promoting physical activity through the installation of outdoor gyms, recognizing their potential to improve overall health and 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 |
market_structure.ucfirst |
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 equipment designed for fitness enthusiasts seeking to workout in natural environments. This market includes Resistance Bands, Pull-Up Bars, Dip Bars, Parallel Bars, Monkey Bars, and various cardio machines such as Outdoor Treadmills, Elliptical Trainers, Stationary Bikes, and Rowing Machines. Additionally, Outdoor Weight Machines, Bench Presses, Cable Machines, Power Racks, and Inclusive Outdoor Gyms cater to diverse fitness needs.
The Outdoor Gym Equipment market is a significant segment of the larger Global Leisure Products Market. This market encompasses various product categories, including Outdoor Fitness Equipment, Calisthenics Equipment, Strength Training Equipment, and Cardiovascular Equipment, often grouped under the umbrella term Outdoor Gym Stations. The Household Durables sector, which includes leisure products, is a substantial contributor to the overall household durables market size. This market's expansion is fueled by several factors, most notably, the surge in health and fitness club memberships. The number of health and fitness clubs has seen a steady rise in the last decade, driven by the industry's promising prospects.. 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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