News That Matters

Rowing Machines Market to grow by USD 303.87 Mn by 2026, Growing Demand from Fitness Enthusiasts to Boost Growth


NEW YORK, Oct. 11, 2022 /PRNewswire/ — The “Rowing Machines Market by End-user, Distribution Channel, and Geography – Forecast and Analysis 2022-2026” report by Technavio expects the market size to grow by USD 303.87 million between 2021 to 2026. The market observed a YOY growth of 4.65% in 2021 and the growth momentum is expected to accelerate at a CAGR of 5.55% during the forecast period. The report offers a comprehensive analysis of the current market size, future growth opportunities, key strategies adopted by vendors, new product launches, and key segments to invest in over the forecast period.

Download the PDF Report Sample to understand the scope of our full report on the global rowing machines market.

The global fitness equipment market is highly competitive due to the presence of both major vendors and small players operating across the market. In addition, there is considerable competition among the vendors that wish to gain market shares based on product differentiation, pricing, product portfolios, and value-added services. Therefore, to survive and succeed in such an intensely competitive environment, it becomes imperative for vendors in the market to differentiate their product and service offerings through a clear and unique value proposition. The major players in the market are also focusing on marketing strategies that use effective marketing activities to attract consumers. The promotional activities by suppliers and manufacturers boost sales of fitness equipment.

The report identifies Concept2 Inc, First Degree Fitness USA, Icon Health and Fitness Inc, Johnson Health Tech, Life Fitness, Nautilus Inc., Stamina Products Inc., Sunny Distributor Inc., and TECHNOGYM Spa as some of the major market participants. Although the growing demand from fitness enthusiasts will offer immense growth opportunities, the lack of awareness about rowing machines and their use will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here.

Rowing Machines Market 2022-2026: Segmentation

Rowing Machines Market is segmented as below:

  • End-user 
    • Fitness Centers
    • Individual Users
    • Others

The rowing machines market share growth in the fitness centers segment will be significant during the forecast period. Demand for fitness centers has risen amid a growing number of people making efforts to stay fit and in shape, maintain strength, lose weight, and remain stress-free. Moreover, the urge to remain prim and fit fortressed by rising income levels is making consumers willing to pay high fees to fitness centers, including gyms and health clubs. Such factors of fitness centers will boost the market growth in the forecasted period.

  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • MEA

35% of the market’s growth will originate from North America during the forecast period. Product innovation will facilitate the rowing machines market growth in North America over the forecast period. 

Rowing Machines Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Rowing Machine Market, including some of the vendors such as vendors backed with competitive intelligence and benchmarking, our research reports on the Rowing Machine Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Rowing Machines Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist rowing machines market growth during the next five years
  • Estimation of the rowing machines market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the rowing machines market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rowing machines market vendors

Related Reports:

Personal Luxury Goods Market by Product and Geography – Forecast and Analysis 2021-2025

Golf Apparel, Footwear, and Accessories Market by Type, Application, Region, and Segment Forecast 2021-2025

Rowing Machines Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.55%

Market growth 2022-2026

USD 303.87 million

Market structure

Fragmented

YoY growth (%)

4.65

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, China, Germany, France, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BODYCRAFT, Exercycle SL, First Degree Fitness USA, HealthCare International, Hydrow, Icon Health and Fitness Inc, Infiniti, JERAI FITNESS PVT. LTD, Johnson Health Tech, Kettler, Life fitness, Nautilus Inc., Proform, Stamina Products Inc., Sunny Distributor Inc., TECHNOGYM SpA, Torque Fitness, WaterRower Inc., York Fitness, and Concept2 Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

  • 1.1 Market Overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market Definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments 
    • Exhibit 25: Chart on End-user – Market share 2021-2026 (%)
    • Exhibit 26: Data Table on End-user – Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 27: Chart on Comparison by End-user
    • Exhibit 28: Data Table on Comparison by End-user
  • 5.3 Fitness centers – Market size and forecast 2021-2026
    • Exhibit 29: Chart on Fitness centers – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Fitness centers – Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Fitness centers – Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Fitness centers – Year-over-year growth 2021-2026 (%)
  • 5.4 Individual users – Market size and forecast 2021-2026
    • Exhibit 33: Chart on Individual users – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Individual users – Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Individual users – Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Individual users – Year-over-year growth 2021-2026 (%)
  • 5.5 Others – Market size and forecast 2021-2026
    • Exhibit 37: Chart on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Data Table on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 39: Chart on Others – Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Others – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by End-user 
    • Exhibit 41: Market opportunity by End-user ($ million)

6 Market Segmentation by Distribution Channel

  • 6.1 Market segments 
    • Exhibit 42: Chart on Distribution Channel – Market share 2021-2026 (%)
    • Exhibit 43: Data Table on Distribution Channel – Market share 2021-2026 (%)
  • 6.2 Comparison by Distribution Channel 
    • Exhibit 44: Chart on Comparison by Distribution Channel
    • Exhibit 45: Data Table on Comparison by Distribution Channel
  • 6.3 Offline – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Offline – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Offline – Year-over-year growth 2021-2026 (%)
  • 6.4 Online – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Online – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Online – Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Distribution Channel
    • Exhibit 54: Market opportunity by Distribution Channel ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 58: Chart on Geographic comparison
    • Exhibit 59: Data Table on Geographic comparison
  • 8.3 North America – Market size and forecast 2021-2026
    • Exhibit 60: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 61: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 8.4 Europe – Market size and forecast 2021-2026
    • Exhibit 64: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 8.5 APAC – Market size and forecast 2021-2026
    • Exhibit 68: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 8.6 South America – Market size and forecast 2021-2026
    • Exhibit 72: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 76: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 8.8 US – Market size and forecast 2021-2026
    • Exhibit 80: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 8.9 China – Market size and forecast 2021-2026
    • Exhibit 84: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 8.10 Germany – Market size and forecast 2021-2026 
    • Exhibit 88: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 8.11 France – Market size and forecast 2021-2026
    • Exhibit 92: Chart on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on France – Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on France – Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on France – Year-over-year growth 2021-2026 (%)
  • 8.12 UK – Market size and forecast 2021-2026
    • Exhibit 96: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 100: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.3 Impact of drivers and challenges 
    • Exhibit 101: Impact of drivers and challenges in 2021 and 2026

10 Vendor Landscape

  • 10.2 Vendor landscape 
    • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 103: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 104: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 105: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 106: Matrix on vendor position and classification
  • 11.3 Concept2 Inc. 
    • Exhibit 107: Concept2 Inc. – Overview
    • Exhibit 108: Concept2 Inc. – Product / Service
    • Exhibit 109: Concept2 Inc. – Key offerings
  • 11.4 First Degree Fitness USA 
    • Exhibit 110: First Degree Fitness USA – Overview
    • Exhibit 111: First Degree Fitness USA – Product / Service
    • Exhibit 112: First Degree Fitness USA – Key offerings
  • 11.5 Hydrow 
    • Exhibit 113: Hydrow – Overview
    • Exhibit 114: Hydrow – Product / Service
    • Exhibit 115: Hydrow – Key offerings
  • 11.6 Icon Health and Fitness Inc 
    • Exhibit 116: Icon Health and Fitness Inc – Overview
    • Exhibit 117: Icon Health and Fitness Inc – Product / Service
    • Exhibit 118: Icon Health and Fitness Inc – Key offerings
  • 11.7 Johnson Health Tech 
    • Exhibit 119: Johnson Health Tech – Overview
    • Exhibit 120: Johnson Health Tech – Business segments
    • Exhibit 121: Johnson Health Tech – Key news
    • Exhibit 122: Johnson Health Tech – Key offerings
    • Exhibit 123: Johnson Health Tech – Segment focus
  • 11.8 Life fitness 
    • Exhibit 124: Life fitness – Overview
    • Exhibit 125: Life fitness – Product / Service
    • Exhibit 126: Life fitness – Key offerings
  • 11.9 Nautilus Inc. 
    • Exhibit 127: Nautilus Inc. – Overview
    • Exhibit 128: Nautilus Inc. – Business segments
    • Exhibit 129: Nautilus Inc. – Key offerings
    • Exhibit 130: Nautilus Inc. – Segment focus
  • 11.10 Stamina Products Inc. 
    • Exhibit 131: Stamina Products Inc. – Overview
    • Exhibit 132: Stamina Products Inc. – Product / Service
    • Exhibit 133: Stamina Products Inc. – Key offerings
  • 11.11 TECHNOGYM SpA 
    • Exhibit 134: TECHNOGYM SpA – Overview
    • Exhibit 135: TECHNOGYM SpA – Product / Service
    • Exhibit 136: TECHNOGYM SpA – Key offerings
  • 11.12 WaterRower Inc. 
    • Exhibit 137: WaterRower Inc. – Overview
    • Exhibit 138: WaterRower Inc. – Product / Service
    • Exhibit 139: WaterRower Inc. – Key offerings

12 Appendix

  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 140: Inclusions checklist
    • Exhibit 141: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 142: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 143: Research methodology
    • Exhibit 144: Validation techniques employed for market sizing
    • Exhibit 145: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 146: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio



Source link