According to the latest report by IMARC Group, titled “Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global lateral fitness equipment market size reached US$ 5.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2027, exhibiting a growth rate (CAGR) of 10.07% during 2022-2027.
Lateral fitness equipment refers to a device or machine that is required for physical exercise. It is embedded with a smooth 3D motion from a vertical elliptical stepping to an active side-to-side motion. It challenges the entire body for conditioning and improved results. It aids in providing operational challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees. Besides this, lateral fitness equipment also targets glutes, hips, inner and outer thighs, etc., and is widely used by individuals recovering from an injury.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The elevating levels of urbanization, sedentary lifestyles, and the rising consumption of fast food are driving the lateral fitness equipment market. In addition to this, the increasing prevalence of arthritis, diabetes, and cardiovascular diseases across the globe, is also propelling the market growth. Furthermore, the escalating penetration of the high-speed internet and the strong influence of social media platforms are encouraging people to enroll in online fitness classes worldwide. This, in turn, is catalyzing the product demand. Apart from this, the growing sales of lateral fitness equipment via online channels offering discounts and at-home delivery are further impelling the global market. Moreover, continuous product innovations and rising investments in advertisements are expected to fuel the lateral fitness equipment market in the coming years.
Base Year: 2021
Forecast Year: 2022-2027
Lateral Fitness Equipment Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape Key Player:
Core Health & Fitness LLC., Cybex International Inc. (Brunswick Corporation), IFIT.com (ICON Health & Fitness), Impulse (Qingdao) Health Tech Ltd. Co., Johnson Health Tech Co. Ltd., Nautilus Inc., Technogym S.p.A, Total Fitness Equipment and True Fitness Technology Inc.
The report has segmented the market on the basis on region, type, body type, distribution channel, end user.
Breakup by Type:
- Exercise Bike
- Shoulder Press Machines
- Chest Press Machine
Breakup by Body Type:
- Upper Body
- Lower body
Breakup by Distribution Channel:
- Online Stores
- Offline Stores
Breakup by End User:
- Gyms and Fitness Centres
- Therapeutic Hospitals
- Hotels and Corporate Offices
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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