Refurbished Fitness Equipment Market By Type, By End User, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The refurbished fitness equipment market was valued at $1,084 million in 2021 and is estimated to reach $1,861.4 million by 2031, registering a CAGR of 5.7% from 2022 to 2031 The market for refurbished fitness equipment as a whole was dominated by the category of cardio equipment in 2021. Fitness equipment that has undergone a refurbishment process has some of its most important components replaced, giving it a brand-new appearance and functionality.

Cardio fitness equipment is the most popular type of refurbished fitness equipment owing to the versatility of cardio equipment and multiple benefits associated with cardio equipment such as weight loss, stamina gain, increase in endurance, and muscle relaxation. The refurbishing of weight training equipment, also known as strength training equipment, is rapidly gaining popularity as the demand for such type of products is increasing among consumers.

Refurbishing is a practice in which a portion of the equipment is discarded, and old equipment parts are replaced, and then the old equipment is properly cleaned to give it the appearance of new equipment. As the equipment is older and nearing the end of its useful life, it is sold to refurbishers at significantly lower prices. The price of swapping specific parts and cleaning the equipment is also reasonable. As a result, the resale value of refurbished fitness equipment is nearly fifty to seventy-five percent lower than that of new fitness equipment with nearly identical functionality. This makes fitness equipment readily available to consumers who want fitness equipment but do not have the financial means to purchase new equipment. Such types of refurbished equipment are in high demand for private and apartment buildings gyms and fitness centers; however, many smaller and medium-sized fitness centers that cannot afford enough money to purchase all new equipment prefer refurbished fitness equipment, resulting in market growth.

The surge in prevalence of diseases such as obesity, cholesterol, and pulmonary & respiratory disorders has led to consumers shifting toward health and fitness activities. This is causing many new entrepreneurs to set up their own gyms and fitness centers to properly fulfill the needs of the consumers' fitness demands. Owing to the smaller capacity and capital of these gyms and fitness centers, there is a rapid adoption of refurbished fitness equipment among such types of commercial establishments.

The proliferation of e-commerce in the field of refurbished fitness equipment is providing and is expected to continue to provide a major boost to the market in the future. The majority of refurbishers of fitness equipment manufacturers are opening their own e-commerce sites, with facilities such as quick delivery of the equipment along with easy installations, discounts and offers instead of the lower prices of refurbished equipment, which is attracting many consumers to purchase refurbished fitness equipment online. Further enhancements in the online shopping experiences of customers for refurbished fitness equipment is anticipated to help the market grow in the future.

The refurbished fitness equipment market is segmented on the basis of type, end user, distribution channel, and region. By type, the refurbished fitness equipment market is classified into cardio equipment, weight training equipment, and others. Depending on end users, the market is categorized into residential and commercial. According to distribution channels used for the sale of refurbished fitness equipment, the market is segmented into offline and online channels of sale. By region, the market is divided across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest Of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the refurbished fitness equipment market analysis from 2021 to 2031 to identify the prevailing refurbished fitness equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the refurbished fitness equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global refurbished fitness equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Cardio Equipment
- Type
- Treadmills
- Ellipticals
- Bikes
- Others
Weight Training Equipment
- Type
- Upper body machines
- Lower body machines
Others

By End User

Residential
Commercial

By Distribution Channel

Offline Channels
Online Channels

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- USA Fitness Equipment Depot
- FITLINE INDIA PVT. LTD
- Primo Fitness
- AME Fit Equipment
- Origin Fitness Ltd.
- Brunswick Corporation
- THINK Fitness Co., Ltd.
- Grays Fitness
- Pro Gym Supply, Inc.
- Best Used Gym Equipment
- Johnson Health Tech.Co,Ltd.
- Gym Experts
- Fitness Superstore, Inc.
- GLOBAL FITNESS, INC.
- Gymkit UK
- Myhomefitness.ie
- UK Gym Equipment Ltd.
- Rebirth Fitness
- FitKit UK Ltd
- F1 RECREATION

Product Code: A31591

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Market Share Analysis

CHAPTER 4: REFURBISHED FITNESS EQUIPMENT MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Cardio Equipment
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.2.4 Cardio Equipment Refurbished Fitness Equipment Market by Type
  - 4.2.4.1 Treadmills Market size and forecast, by region
  - 4.2.4.2 Ellipticals Market size and forecast, by region
  - 4.2.4.3 Bikes Market size and forecast, by region
  - 4.2.4.4 Others Market size and forecast, by region
4.3 Weight Training Equipment
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.3.4 Weight Training Equipment Refurbished Fitness Equipment Market by Type
  - 4.3.4.1 Upper body machines Market size and forecast, by region
  - 4.3.4.2 Lower body machines Market size and forecast, by region
4.4 Others
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country

CHAPTER 5: REFURBISHED FITNESS EQUIPMENT MARKET, BY END USER

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Residential
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
5.3 Commercial
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country

CHAPTER 6: REFURBISHED FITNESS EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL

6.1 Overview
- 6.1.1 Market size and forecast
6.2 Offline Channels
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
6.3 Online Channels
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country

CHAPTER 7: REFURBISHED FITNESS EQUIPMENT MARKET, BY REGION

7.1 Overview
- 7.1.1 Market size and forecast
7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Type
  - 7.2.2.1 North America Cardio Equipment Refurbished Fitness Equipment Market by Type
  - 7.2.2.2 North America Weight Training Equipment Refurbished Fitness Equipment Market by Type
- 7.2.3 North America Market size and forecast, by End User
- 7.2.4 North America Market size and forecast, by Distribution Channel
- 7.2.5 North America Market size and forecast, by country
  - 7.2.5.1 U.S.
  - 7.2.5.1.1 Key market trends, growth factors and opportunities
  - 7.2.5.1.2 Market size and forecast, by Type
  - 7.2.5.1.3 Market size and forecast, by End User
  - 7.2.5.1.4 Market size and forecast, by Distribution Channel
  - 7.2.5.2 Canada
  - 7.2.5.2.1 Key market trends, growth factors and opportunities
  - 7.2.5.2.2 Market size and forecast, by Type
  - 7.2.5.2.3 Market size and forecast, by End User
  - 7.2.5.2.4 Market size and forecast, by Distribution Channel
  - 7.2.5.3 Mexico
  - 7.2.5.3.1 Key market trends, growth factors and opportunities
  - 7.2.5.3.2 Market size and forecast, by Type
  - 7.2.5.3.3 Market size and forecast, by End User
  - 7.2.5.3.4 Market size and forecast, by Distribution Channel
7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Type
  - 7.3.2.1 Europe Cardio Equipment Refurbished Fitness Equipment Market by Type
  - 7.3.2.2 Europe Weight Training Equipment Refurbished Fitness Equipment Market by Type
- 7.3.3 Europe Market size and forecast, by End User
- 7.3.4 Europe Market size and forecast, by Distribution Channel
- 7.3.5 Europe Market size and forecast, by country
  - 7.3.5.1 UK
  - 7.3.5.1.1 Key market trends, growth factors and opportunities
  - 7.3.5.1.2 Market size and forecast, by Type
  - 7.3.5.1.3 Market size and forecast, by End User
  - 7.3.5.1.4 Market size and forecast, by Distribution Channel
  - 7.3.5.2 Germany
  - 7.3.5.2.1 Key market trends, growth factors and opportunities
  - 7.3.5.2.2 Market size and forecast, by Type
  - 7.3.5.2.3 Market size and forecast, by End User
  - 7.3.5.2.4 Market size and forecast, by Distribution Channel
  - 7.3.5.3 France
  - 7.3.5.3.1 Key market trends, growth factors and opportunities
  - 7.3.5.3.2 Market size and forecast, by Type
  - 7.3.5.3.3 Market size and forecast, by End User
  - 7.3.5.3.4 Market size and forecast, by Distribution Channel
  - 7.3.5.4 Italy
  - 7.3.5.4.1 Key market trends, growth factors and opportunities
  - 7.3.5.4.2 Market size and forecast, by Type
  - 7.3.5.4.3 Market size and forecast, by End User
  - 7.3.5.4.4 Market size and forecast, by Distribution Channel
  - 7.3.5.5 Spain
  - 7.3.5.5.1 Key market trends, growth factors and opportunities
  - 7.3.5.5.2 Market size and forecast, by Type
  - 7.3.5.5.3 Market size and forecast, by End User
  - 7.3.5.5.4 Market size and forecast, by Distribution Channel
  - 7.3.5.6 Netherlands
  - 7.3.5.6.1 Key market trends, growth factors and opportunities
  - 7.3.5.6.2 Market size and forecast, by Type
  - 7.3.5.6.3 Market size and forecast, by End User
  - 7.3.5.6.4 Market size and forecast, by Distribution Channel
  - 7.3.5.7 Rest of Europe
  - 7.3.5.7.1 Key market trends, growth factors and opportunities
  - 7.3.5.7.2 Market size and forecast, by Type
  - 7.3.5.7.3 Market size and forecast, by End User
  - 7.3.5.7.4 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Type
  - 7.4.2.1 Asia-Pacific Cardio Equipment Refurbished Fitness Equipment Market by Type
  - 7.4.2.2 Asia-Pacific Weight Training Equipment Refurbished Fitness Equipment Market by Type
- 7.4.3 Asia-Pacific Market size and forecast, by End User
- 7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
- 7.4.5 Asia-Pacific Market size and forecast, by country
  - 7.4.5.1 China
  - 7.4.5.1.1 Key market trends, growth factors and opportunities
  - 7.4.5.1.2 Market size and forecast, by Type
  - 7.4.5.1.3 Market size and forecast, by End User
  - 7.4.5.1.4 Market size and forecast, by Distribution Channel
  - 7.4.5.2 Japan
  - 7.4.5.2.1 Key market trends, growth factors and opportunities
  - 7.4.5.2.2 Market size and forecast, by Type
  - 7.4.5.2.3 Market size and forecast, by End User
  - 7.4.5.2.4 Market size and forecast, by Distribution Channel
  - 7.4.5.3 India
  - 7.4.5.3.1 Key market trends, growth factors and opportunities
  - 7.4.5.3.2 Market size and forecast, by Type
  - 7.4.5.3.3 Market size and forecast, by End User
  - 7.4.5.3.4 Market size and forecast, by Distribution Channel
  - 7.4.5.4 South Korea
  - 7.4.5.4.1 Key market trends, growth factors and opportunities
  - 7.4.5.4.2 Market size and forecast, by Type
  - 7.4.5.4.3 Market size and forecast, by End User
  - 7.4.5.4.4 Market size and forecast, by Distribution Channel
  - 7.4.5.5 Australia
  - 7.4.5.5.1 Key market trends, growth factors and opportunities
  - 7.4.5.5.2 Market size and forecast, by Type
  - 7.4.5.5.3 Market size and forecast, by End User
  - 7.4.5.5.4 Market size and forecast, by Distribution Channel
  - 7.4.5.6 Rest of Asia-Pacific
  - 7.4.5.6.1 Key market trends, growth factors and opportunities
  - 7.4.5.6.2 Market size and forecast, by Type
  - 7.4.5.6.3 Market size and forecast, by End User
  - 7.4.5.6.4 Market size and forecast, by Distribution Channel
7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Type
  - 7.5.2.1 LAMEA Cardio Equipment Refurbished Fitness Equipment Market by Type
  - 7.5.2.2 LAMEA Weight Training Equipment Refurbished Fitness Equipment Market by Type
- 7.5.3 LAMEA Market size and forecast, by End User
- 7.5.4 LAMEA Market size and forecast, by Distribution Channel
- 7.5.5 LAMEA Market size and forecast, by country
  - 7.5.5.1 Latin America
  - 7.5.5.1.1 Key market trends, growth factors and opportunities
  - 7.5.5.1.2 Market size and forecast, by Type
  - 7.5.5.1.3 Market size and forecast, by End User
  - 7.5.5.1.4 Market size and forecast, by Distribution Channel
  - 7.5.5.2 Middle East
  - 7.5.5.2.1 Key market trends, growth factors and opportunities
  - 7.5.5.2.2 Market size and forecast, by Type
  - 7.5.5.2.3 Market size and forecast, by End User
  - 7.5.5.2.4 Market size and forecast, by Distribution Channel
  - 7.5.5.3 Africa
  - 7.5.5.3.1 Key market trends, growth factors and opportunities
  - 7.5.5.3.2 Market size and forecast, by Type
  - 7.5.5.3.3 Market size and forecast, by End User
  - 7.5.5.3.4 Market size and forecast, by Distribution Channel

CHAPTER 8: COMPANY LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES

9.1 USA Fitness Equipment Depot
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
9.2 AME Fit Equipment
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
9.3 Best Used Gym Equipment
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
9.4 Brunswick Corporation
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
9.5 F1 RECREATION
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
9.6 FitKit UK Ltd
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
9.7 Fitness Superstore, Inc.
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
9.8 GLOBAL FITNESS, INC.
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
9.9 Grays Fitness
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
9.10 Gym Experts
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
9.11 Gymkit UK
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
9.12 Johnson Health Tech. Co., Ltd.
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
9.13 Myhomefitness.ie
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments
9.14 Origin Fitness Ltd.
- 9.14.1 Company overview
- 9.14.2 Company snapshot
- 9.14.3 Operating business segments
- 9.14.4 Product portfolio
- 9.14.5 Business performance
- 9.14.6 Key strategic moves and developments
9.15 Pro Gym Supply, Inc.
- 9.15.1 Company overview
- 9.15.2 Company snapshot
- 9.15.3 Operating business segments
- 9.15.4 Product portfolio
- 9.15.5 Business performance
- 9.15.6 Key strategic moves and developments
9.16 Rebirth Fitness
- 9.16.1 Company overview
- 9.16.2 Company snapshot
- 9.16.3 Operating business segments
- 9.16.4 Product portfolio
- 9.16.5 Business performance
- 9.16.6 Key strategic moves and developments
9.17 THINK Fitness Co., Ltd.
- 9.17.1 Company overview
- 9.17.2 Company snapshot
- 9.17.3 Operating business segments
- 9.17.4 Product portfolio
- 9.17.5 Business performance
- 9.17.6 Key strategic moves and developments
9.18 UK Gym Equipment Ltd.
- 9.18.1 Company overview
- 9.18.2 Company snapshot
- 9.18.3 Operating business segments
- 9.18.4 Product portfolio
- 9.18.5 Business performance
- 9.18.6 Key strategic moves and developments
9.19 FITLINE INDIA PVT. LTD
- 9.19.1 Company overview
- 9.19.2 Company snapshot
- 9.19.3 Operating business segments
- 9.19.4 Product portfolio
- 9.19.5 Business performance
- 9.19.6 Key strategic moves and developments
9.20 Primo Fitness
- 9.20.1 Company overview
- 9.20.2 Company snapshot
- 9.20.3 Operating business segments
- 9.20.4 Product portfolio
- 9.20.5 Business performance
- 9.20.6 Key strategic moves and developments