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Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Home Fitness Equipment Market Outlook
*this image is indicative*
Based on type, the Australia home fitness equipment market share is led by strength training equipment as it helps individuals gain muscle strength and bone health
They help users to reduce weight due to the higher metabolism rate promoted by this equipment. Moreover, they also help in preventing injuries and increase the strength of the users to efficiently perform their daily tasks. They are beneficial to users suffering from joint problems as they help strengthen the ligaments and joints.
Australia Home Fitness Equipment Market Summary | Description | Value |
Base Year | AUD Million | 2023 |
Historical period | AUD Million | 2018-2023 |
Forecast Period | AUD Million | 2024-2032 |
Market Size 2023 | AUD Million | 241.50 |
Market Size 2032 | AUD Million | 301.60 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 2.5% |
CAGR 2024-2032 - Market by Region | Australian Capital Territory | 2.8% |
CAGR 2024-2032 - Market by Region | Victoria | 2.3% |
CAGR 2024-2032 - Market by Price Point | Low | 2.9% |
CAGR 2024-2032 - Market by Distribution Channel | Online | 7.6% |
2023 Market Share by Region | Australian Capital Territory | 2.0% |
Various trends contributing to the Australia home fitness equipment market growth include the rise in connected equipment devices which aid users in attending workout sessions and recording their activity. Moreover, the demand for adjustable and portable workout equipment is increasing as they possess space-saving properties and thus are convenient to carry. They are also integrated with artificial intelligence to store the records including daily performance data and fitness goals to encourage the users to remain determined.
The innovations are being carried out in the cardio equipment which they are being installed with the treadmills and rowing machines to improve the performance of the users. Recently, in 2024 Speediance was launched in the Australia market to promote the use of home fitness equipment.
CAGR 2024-2032 - Market by | Region |
Australian Capital Territory | 2.8% |
Victoria | 2.3% |
New South Wales | XX% |
Queensland | XX% |
Western Australia | XX% |
Others | XX% |
Australia Home Fitness Equipment Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Price Point
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia home fitness equipment market key players are Johnson Health Tech Australia Pty Ltd, Technogym Australia Pty Ltd, Monsta Pty Ltd, Aussie Fitness Equipment Pty Ltd, and VERVE Fitness Pty Ltd. among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 2.50% between 2024 and 2032.
The home fitness equipment market is growing with an increase in the development of connected equipment devices, AI integration, adjustable workout equipment and innovations in cardio equipment machines.
Based on the type, the home fitness equipment market is bifurcated into cardiovascular training equipment, strength training equipment and accessories.
Key players in the Australia home fitness equipment industry are Johnson Health Tech Australia Pty Ltd, Technogym Australia Pty Ltd, Monsta Pty Ltd, Aussie Fitness Equipment Pty Ltd, and VERVE Fitness Pty Ltd. among others.
Based on materials, the home fitness equipment market is divided into low, mid and luxury.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Price Point |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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