Lateral Fitness Equipment Market

Global Lateral Fitness Equipment Market Size (2024 to 2032)

The global lateral fitness equipment market size was valued at USD 6.24 billion in 2023 and is expected to reach USD 17.32 billion by 2032, growing from USD 6.99 billion in 2024. The market is projected to grow at a CAGR of 12.01%

Lateral fitness equipment is becoming crucial lately for physical exercise to manage body weight, improve stamina, and develop bone and muscular strength. The market value of lateral fitness equipment is expected to increase more over the outlook period with the consumer demand for a healthy lifestyle.

MARKET DRIVERS

Increasing awareness about health among people is one of the major driving factors of the Lateral Fitness Equipment market. An increase in social media marketing, along with the surge in government investment in sports events is a principal factor in the Lateral Fitness equipment market. Another major growth driver of the market was the rise in the need for activity coupled with a healthy lifestyle across the world.

Changes in lifestyle and changes in eating habits are some of the driving elements in the global Lateral Fitness Equipment market. Technological advancements in this equipment are also supporting the surge in the revenue rate of the market.

MARKET RESTRAINTS

The high price of lateral fitness equipment is one of the major restraints that is affecting the growth of the worldwide market. Equipment failure within a short period of time and the high costs associated with fitness equipment are some of the challenging aspects of the growth of the global Lateral Fitness Equipment market. Another major limitation of the Lateral Fitness Equipment market was the availability of counterfeit brands in the marketplace.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Type Insights

The treadmill segment holds the major share of the market attributed to the rise in the obese population along with the inclusion of the latest technologies such as Bluetooth connectivity, Wi-Fi connectivity, iFit technology, and smart touch screen display.

By End-User Insights

The health club/ gym segment holds the major share of the market due to the availability of cardiovascular and strength training exercises along with rising health awareness among the population.

By Distribution Channels Insights

Online sales hold the major share of the market with rapid growth in online usage customers.

REGIONAL ANALYSIS

North America region holds the major share of the Lateral Fitness Equipment market attributed to a surge in obesity rates and increases in health consciousness among the people and raising of awareness about lateral fitness equipment, especially in the United States, Mexico, and Canada.

Asia Pacific region is expected to propel the market growth owing to the increase in digital advertisements by owners and the rise in usage of training equipment including stationary cycles, and treadmills in some of the emerging economies such as China, India, and Japan in this area.

Europe is also expected to increase in the lateral fitness equipment market because of the increasing awareness among the population in this locale.

KEY MARKET PLAYERS

The major key market players in the global Lateral Fitness Equipment Market are Technogym S.P.A, Sports Corporation, Nautilus, Inc, ICON Health & Fitness, Inc, Impulse (Qingdao) Health Tech Ltd. Co, Johnson Health Tech Co., Ltd, Core Health & Fitness, LLC, True Fitness Technology, Inc. International In

MARKET SEGMENTATION

This research report on the global lateral fitness equipment market has been segmented and sub-segmented based on type, end-user, distribution channel, and region.

By Type

• Treadmills
• Ellipticals
• Exercise bikes
• Shoulder Press machines
• Chest Press machines

By End-User

• Homes
• Apartments
• Health clubs/gyms
• Hotels
• Corporate offices
• Public institutions
• Hospitals & Medical Centers

By Distribution Channels

• Online
• Offline

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa