Fitness is becoming more widely recognized as an essential component of a healthy living in India, where lifestyle-related disorders are on the increase. Regular physical activity benefits not just physical health but also mental well-being, making fitness a crucial part of daily life. Fitness equipment is extremely important since it gives individuals with the tools they need to engage in productive workouts, whether at home or in gyms. The exercise equipment market in India has grown significantly, owing to an increase in public health awareness. Traditional techniques such as yoga and Ayurveda have paved the way for a modern fitness culture that combines traditional and contemporary workout methods. The advent of exercise equipment in the Indian market has seen the entry of both domestic and foreign brands, catering to a wide range of consumers. This rise is being driven by an increasing number of fitness aficionados, with millions investing in gym memberships and home fitness solutions. Many companies have responded by innovating and offering online classes and virtual training sessions. This transformation has made fitness more accessible, allowing people to continue their routines from the comfort of their own homes. The proliferation of fitness applications and internet platforms has democratized access to fitness resources, allowing consumers to follow personalized training and diet routines. The exercise equipment market in India is not only important for promoting physical health, but it also helps to build a wellness culture. As the business evolves, it is set to satisfy the expanding expectations of a health-conscious populace, making exercise an essential aspect of daily life in India. According to the research report, "India Fitness Equipment Market Research Report, 2030," published by Actual Market Research, the India Fitness Equipment market is anticipated to grow at more than 9.04% CAGR from 2024 to 2030. The fitness equipment market in India is experiencing robust growth, driven by several key factors. One of the primary drivers is the increasing health consciousness among the population, spurred by a rise in lifestyle diseases such as obesity, diabetes, and hypertension. As more individuals recognize the importance of regular exercise, the demand for fitness equipment has surged. This shift has created opportunities for manufacturers to innovate and offer a diverse range of products tailored to home fitness enthusiasts. The Indian fitness equipment market is witnessing several notable trends. The rise of smart fitness technology is transforming the landscape, with equipment that integrates with mobile apps and wearables to provide real-time performance tracking and personalized workout plans. This trend appeals particularly to tech-savvy millennials and Gen Z consumers who prioritize convenience and connectivity in their fitness routines. Furthermore, the growing popularity of online fitness classes and virtual training sessions has expanded the market for fitness equipment, as individuals seek to replicate gym experiences at home. There are significant opportunities for growth in the Indian fitness equipment market. The increasing number of fitness centers and wellness clubs across urban areas is driving demand for commercial-grade equipment. Additionally, strategic partnerships with fitness influencers and e-commerce platforms can enhance brand visibility and reach, tapping into a broader consumer base. The focus on sustainability is also emerging as a key opportunity, with consumers increasingly favoring eco-friendly products and brands that promote health and wellness.
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Download SampleThe fitness equipment market in India is largely divided into product types, which include cardiovascular training equipment, strength training equipment, and fitness accessories. Cardiovascular training equipment includes treadmills, stationary bikes, elliptical machines, and rowing machines. Treadmills are particularly popular because of their adaptability, allowing users to walk, jog, or run indoors regardless of the weather, making them a must-have in many homes and gyms. Stationary bikes have also gained popularity, particularly among those seeking low-impact workouts that are gentler on the joints and appropriate for all fitness levels. Weight racks, dumbbells, kettle-bells, and specialized machines are all examples of strength training equipment. Fitness accessories, such as yoga mats, resistance bands, and stability balls, are frequently used in conjunction with other equipment to improve workout regimens and provide additional support for certain exercises. Currently, cardiovascular training equipment dominates the Indian fitness equipment market, owing to rising awareness of cardiovascular health and the necessity of aerobic exercise. The ease of conducting aerobic workouts at home has fuelled this trend, particularly in the aftermath of the pandemic, which spurred many customers to invest in home gym equipment. Segmenting the fitness equipment market in India by product type reveals a broad landscape, with cardiovascular training equipment taking the lead. As health consciousness grows and more people seek effective ways to stay healthy, the demand for cardiovascular and strength training equipment is likely to rise, influencing the future of the fitness sector in India. The fitness equipment market in India is divided into three segments based on end users: individual consumers, commercial enterprises, and institutional customers. Individual consumers account for a sizable percentage of the industry, fuelled by rising health consciousness and a desire for home fitness solutions. With the advent of online fitness trends, many people have purchased home gym equipment such as treadmills, stationary bikes, and strength training machines. Commercial facilities, such as gyms, health clubs, and fitness studios, are particularly important segments since they require high-quality, long-lasting equipment to serve an expanding clientele. These facilities frequently invest in a wide range of cardiovascular and strength training equipment to provide a variety of workout options. Institutional customers, including schools, universities, and corporate wellness programs, are increasingly recognizing the value of fitness in supporting student and employee health. This area is growing as institutions strive to provide better facilities and programs that promote overall wellbeing. The market is generally divided into two distribution channels: online and offline. Online distribution has grown significantly, particularly since the pandemic, because e-commerce platforms offer a quick purchasing experience that allows consumers to readily compare items and prices. Major merchants and specialized fitness equipment websites have tapped into this trend, offering a diverse choice of products with home delivery possibilities. Offline distribution remains important, with traditional retail outlets and fitness equipment showrooms offering hands-on experiences for customers to test equipment before purchasing. The segmentation of the fitness equipment market in India by end user and distribution type demonstrates the diverse landscape of demand, with individual consumers and commercial establishments driving growth, supported by both online and offline distribution channels that cater to a wide range of consumer preferences. Decathlon is a dominant participant in the Indian exercise equipment market, because to its diverse product offering, low pricing, and strong brand presence. Decathlon, founded as a one-stop store for sports and fitness aficionados, sells a wide range of fitness equipment, including cardiovascular machines, strength training gear, and numerous fitness accessories. One of the primary reasons for Decathlon's success is its commitment to affordability; the company offers high-quality items at reasonable prices, making fitness equipment more accessible to a wider audience. This strategy is consistent with Indian customers' increased health consciousness, who are looking for cost-effective home fitness options. Decathlon's large distribution network, which includes both physical stores in major cities and a sophisticated online platform, improves its reach and accessibility. The company's emphasis on customer experience is also notable; Decathlon stores frequently have interactive areas where consumers can test equipment before purchase, promoting a hands-on shopping experience that develops trust and satisfaction. Decathlon also invests in community engagement through workshops, fitness events, and collaborations with local fitness celebrities, cementing its reputation as a business that actually cares about promoting health and wellness. While other companies, such as Fitness World and Gold's Gym, have a presence in the industry, Decathlon's mix of cost, variety, and customer-centric approach has cemented its dominant position. To summarize, Decathlon's dominance in the Indian exercise equipment industry may be ascribed to its strategic focus on price, comprehensive product options, and commitment to improving the customer experience, making it a preferred choice for fitness enthusiasts across the country.
Considered in the report • Geography: India • Base year: 2024 • Historical year: 2018 • Forecasted year: 2030 Aspects Covered In the Report • Market Size by Value for the historic time period (2018-2024) • Market Size by Value for the forecast time period (2024-2030) • Market Share by Product Type (Cardiovascular Equipment, Strength Equipment) • Market Share by End User (Commercial, Residential) • Market Share by Distribution Channel (Online, Offline) • Market Share by Country (2018, 2024 & 2030F) By Product Type • Cardiovascular Equipment • Strength Equipment
By End User • Commercial • Residential By Distribution Channel • Online • Offline The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Consumer goods and Service industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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