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PUBLISHER: IMARC | PRODUCT CODE: 1390702

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PUBLISHER: IMARC | PRODUCT CODE: 1390702

Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global lateral fitness equipment market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9.82% during 2022-2028.

Lateral fitness equipment is embedded with a smooth 3D motion that goes from a vertical elliptical stepping to an active side-to-side motion for functional exercise. It challenges the entire body for better conditioning and better results. It aids in providing functional challenges, burning more calories, achieving a faster heart rate, and strengthening and protecting the knees as compared to the traditional standing devices. Besides this, as they also target glutes, hips, and inner and outer thighs, they are widely utilized by individuals recovering from an injury or training.

Lateral Fitness Equipment Market Trends:

Due to rapid urbanization, sedentary lifestyles and the increasing consumption of fast food, there is a rise in the prevalence of arthritis, diabetes, and cardiovascular diseases across the globe. This, in confluence with the growing health consciousness among individuals, is creating a positive outlook for the market. Moreover, lateral fitness equipment helps prevent injury and adds a variety to the workout routine. This represents another primary factor bolstering the market growth. Apart from this, due to the increasing penetration of the high-speed internet and the strong influence of social media platforms, there is a significant rise in the number of people enrolling in online fitness classes worldwide. This, along with the rising sales of lateral fitness equipment via online channels offering discounts and at-home delivery, is offering lucrative growth opportunities to market players. These players are currently focusing on introducing technologically advanced equipment and machines that are incorporated with a global positioning system (GPS), pedometer, heart rate monitor, and smartphone apps to monitor the workout. These innovations, coupled with increasing investments in advertisements, are projected to impel the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global lateral fitness equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, body type, distribution channel and end user.

Breakup by Type:

Treadmill

Elliptical

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

Household

Therapeutic Hospitals

Hotels and Corporate Offices

Others

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report

  • 1. How big is the global lateral fitness equipment market?
  • 2. What is the expected growth rate of the global lateral fitness equipment market during 2023-2028?
  • 3. What are the key factors driving the global lateral fitness equipment market?
  • 4. What has been the impact of COVID-19 on the global lateral fitness equipment market?
  • 5. What is the breakup of the global lateral fitness equipment market based on the type?
  • 6. What is the breakup of the global lateral fitness equipment market based on the body type?
  • 7. What is the breakup of the global lateral fitness equipment market based on the distribution channel?
  • 8. What is the breakup of the global lateral fitness equipment market based on the end user?
  • 9. What are the key regions in the global lateral fitness equipment market?
  • 10. Who are the key players/companies in the global lateral fitness equipment market?
Product Code: SR112023A4516

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Lateral Fitness Equipment Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Treadmill
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Elliptical
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Exercise Bike
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Shoulder Press Machines
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Chest Press Machine
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Body Type

  • 7.1 Upper Body
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Lower Body
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Distribution Channel

  • 8.1 Online Stores
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Offline Stores
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by End User

  • 9.1 Gyms and Fitness Centres
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Household
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Therapeutic Hospitals
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Hotels and Corporate Offices
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Core Health & Fitness LLC
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Cybex International Inc. (Brunswick Corporation)
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 IFIT.com (ICON Health & Fitness)
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Impulse (Qingdao) Health Tech Ltd. Co.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Johnson Health Tech Co. Ltd.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Nautilus Inc.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Technogym S.p.A
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
    • 15.3.8 Total Fitness Equipment
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 True Fitness Technology Inc.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
Product Code: SR112023A4516

List of Figures

  • Figure 1: Global: Lateral Fitness Equipment Market: Major Drivers and Challenges
  • Figure 2: Global: Lateral Fitness Equipment Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Lateral Fitness Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Lateral Fitness Equipment Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Lateral Fitness Equipment Market: Breakup by Body Type (in %), 2022
  • Figure 6: Global: Lateral Fitness Equipment Market: Breakup by Distribution Channel (in %), 2022
  • Figure 7: Global: Lateral Fitness Equipment Market: Breakup by End User (in %), 2022
  • Figure 8: Global: Lateral Fitness Equipment Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Lateral Fitness Equipment (Treadmill) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Lateral Fitness Equipment (Treadmill) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Lateral Fitness Equipment (Elliptical) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Lateral Fitness Equipment (Elliptical) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Lateral Fitness Equipment (Exercise Bike) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Lateral Fitness Equipment (Exercise Bike) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Lateral Fitness Equipment (Shoulder Press Machines) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Lateral Fitness Equipment (Shoulder Press Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Lateral Fitness Equipment (Chest Press Machine) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Lateral Fitness Equipment (Chest Press Machine) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Lateral Fitness Equipment (Upper Body) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Lateral Fitness Equipment (Upper Body) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Lateral Fitness Equipment (Lower Body) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Lateral Fitness Equipment (Lower Body) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Lateral Fitness Equipment (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Lateral Fitness Equipment (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Lateral Fitness Equipment (Offline Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Lateral Fitness Equipment (Offline Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Lateral Fitness Equipment (Gyms and Fitness Centres) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Lateral Fitness Equipment (Gyms and Fitness Centres) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Lateral Fitness Equipment (Household) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Lateral Fitness Equipment (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Lateral Fitness Equipment (Therapeutic Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Lateral Fitness Equipment (Therapeutic Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Lateral Fitness Equipment (Hotels and Corporate Offices) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Lateral Fitness Equipment (Hotels and Corporate Offices) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Lateral Fitness Equipment (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Lateral Fitness Equipment (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: North America: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: North America: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: United States: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: United States: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Canada: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Canada: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Asia-Pacific: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Asia-Pacific: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: China: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: China: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Japan: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Japan: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: India: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: India: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: South Korea: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: South Korea: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Australia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Australia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Indonesia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Indonesia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Europe: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Europe: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Germany: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Germany: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: France: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: France: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: United Kingdom: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: United Kingdom: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Italy: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Italy: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Spain: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Spain: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Russia: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Russia: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Latin America: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Latin America: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Brazil: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Brazil: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Mexico: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Mexico: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Others: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Others: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Middle East and Africa: Lateral Fitness Equipment Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Middle East and Africa: Lateral Fitness Equipment Market: Breakup by Country (in %), 2022
  • Figure 85: Middle East and Africa: Lateral Fitness Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Global: Lateral Fitness Equipment Industry: SWOT Analysis
  • Figure 87: Global: Lateral Fitness Equipment Industry: Value Chain Analysis
  • Figure 88: Global: Lateral Fitness Equipment Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Lateral Fitness Equipment Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Lateral Fitness Equipment Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Lateral Fitness Equipment Market Forecast: Breakup by Body Type (in Million US$), 2023-2028
  • Table 4: Global: Lateral Fitness Equipment Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 5: Global: Lateral Fitness Equipment Market Forecast: Breakup by End User (in Million US$), 2023-2028
  • Table 6: Global: Lateral Fitness Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Lateral Fitness Equipment Market: Competitive Structure
  • Table 8: Global: Lateral Fitness Equipment Market: Key Players
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