Outdoor Gym Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

The outdoor gym equipment market share is expected to increase to USD 687.37 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.13%.

This outdoor gym equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers outdoor gym equipment market segmentation by application (public outdoor establishments and private outdoor establishments) and geography (North America, APAC, Europe, Middle East and Africa, and South America).

What will the Outdoor Gym Equipment Market Size be During the Forecast Period?

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The outdoor gym equipment market report also offers information on several market vendors, including Belson Outdoors LLC, Broxap Ltd., Caloo Ltd., Forpark Australia, Fresh Air Fitness, Greenfields Outdoor Fitness Inc., Jupiter Play and Leisure Ltd., Khalsa Gymnastic Works, KOMPAN A/S, MoveStrong, PlayCore Wisconsin Inc., Proludic SAS, Xccent Fitness, The Great Outdoor Gym Co., and Wicksteed Leisure Ltd. among others.

Parent Market Analysis

Technavio categorizes the global outdoor gym equipment market as a part of the global leisure products industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the outdoor gym equipment market during the forecast period.

Who are the Major Outdoor Gym Equipment Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Belson Outdoors LLC
• Broxap Ltd.
• Caloo Ltd.
• Forpark Australia
• Fresh Air Fitness
• Greenfields Outdoor Fitness Inc.
• Jupiter Play and Leisure Ltd.
• Khalsa Gymnastic Works
• KOMPAN A/S
• MoveStrong
• PlayCore Wisconsin Inc.
• Proludic SAS
• Xccent Fitness
• The Great Outdoor Gym Co.
• Wicksteed Leisure Ltd.

 

This statistical study of the outdoor gym equipment market encompasses successful business strategies deployed by the key vendors. The outdoor gym equipment market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

• Belson Outdoors LLC - The company offers outdoor gym equipment that includes chest press station, Lat pulldown station, captains chair station, push up station, multi-gym station, balance plank station, and many more, under the brand name of Belson Outdoors LLC. 
• Belson Outdoors LLC - Under the unified segment, the company offers recreational facility equipment such as chest press stations, pull-down stations, barbecue grills, picnic tables, park benches, trash receptacles, and many more. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The outdoor gym equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Outdoor Gym Equipment Market: Key Drivers, Trends, and Challenges

The increasing awareness of diabetes and obesity is notably driving the outdoor gym equipment market growth, although factors such as lack of expert training personnel may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the outdoor gym equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Outdoor Gym Equipment Market Driver

One of the key factors driving the global outdoor gym equipment market growth is the increasing awareness of diabetes and obesity. According to the Centers for Disease Control and Prevention (CDC), the prevalence of obesity was 39.8% and affected about 93.3 million US adults between 2015 and 2016. Of this, 35.7% of young adults aged between 20 and 39 years, 42.8% middle-aged adults aged between 40 and 59 years, and 41.0% older adults aged 60 and above were obese. According to CDC, about 9.4% of the consumers in the US had diabetes in 2015. More than one million new cases of diabetes were diagnosed among adults aged between 18 and 79 in 2015. In addition, 73.5 million people in the US had high cholesterol in 2015. Thus, organizations like CDC have been spreading awareness of health conditions such as diabetes. These initiatives are expected to support the market growth during the forecast period.

Key Outdoor Gym Equipment Market Trend

Adoption of strategic wellness initiatives by governments and non-profit organizations is one of the key outdoor gym equipment market trends that is expected to impact the industry positively in the forecast period. The Trust for Public Land is a non-profit organization in the US that creates parks and protects land for people. They have created Fitness Zone areas in many parts across the US and provide high-end training equipment in local parks. In India, the government is installing outdoor gyms under the Smart City Mission. For example, Faridabad, a city in India, will be getting outdoor gyms at various parks. The government has requested proposals from bidders for installing and supplying outdoor gym equipment. New Delhi, the capital of India, has outdoor gyms in more than 35 locations. Such developments are expected to further support the market growth in the coming years.

Key Outdoor Gym Equipment Market Challenge

One of the key challenges to the global outdoor gym equipment market growth is the lack of expert training personnel. The demand for technologically advanced fitness trainers has increased. This is due to an offshoot of the rise in the number of gyms, fitness centers, and health clubs on a global level and the availability of various advanced fitness equipment coupled with rising disposable income. However, the lack of trainers and low awareness of the exercise and gym equipment, especially in developing economies, inhibit many consumers from availing themselves of outdoor gym facilities. The lack of knowledge of using the equipment also results in serious accidents and can lead to muscle disruption, back disc movement, or severe body pain. Thus, the lack of expert training personnel will be curtailing the growth of the global outdoor gym equipment market in the forecast years.

This outdoor gym equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Which are the Key Regions for Outdoor Gym Equipment Market?

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40% of the market's growth will originate from North America during the forecast period. The US is the key market for outdoor gym equipment in North America. Market growth in this region will be faster than the growth of the market in other regions.

The significant rise in the number of outdoor gyms and training areas in public outdoor establishments will facilitate the outdoor gym equipment market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The World Health Organization (WHO) designated the COVID-19 epidemic to a worldwide pandemic in early 2020. For example, in March 2020, the President of the United States proclaimed a national emergency to halt the spread of the disease. As a result, numerous businesses and parks were closed, affecting the region's market growth. As of early 2021, with the decline in the number of COVID-19 cases due to large-scale vaccination drives, governments are removing the lockdown restrictions, which has led to the opening up of manufacturing units, recreational parks, and gyms, which will positively impact the outdoor gym equipment in the region during the forecast period.

What are the Revenue-generating Application Segments in the Outdoor Gym Equipment Market?

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The outdoor gym equipment market share growth by the public outdoor establishments segment will be significant during the forecast period. The spread of health awareness by the governments of both developed and developing countries will boost the market for public outdoor establishments in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the outdoor gym equipment market size and actionable market insights on post COVID-19 impact on each segment.

Outdoor Gym Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the outdoor gym equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Outdoor Gym Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.13%
Market growth 2022-2026	$ 687.37 million
Market structure	Fragmented
YoY growth (%)	5.45
Regional analysis	North America, APAC, Europe, Middle East and Africa, and South America
Performing market contribution	North America at 40%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Belson Outdoors LLC, Broxap Ltd., Caloo Ltd., Forpark Australia, Fresh Air Fitness, Greenfields Outdoor Fitness Inc., Jupiter Play and Leisure Ltd., Khalsa Gymnastic Works, KOMPAN A/S, MoveStrong, PlayCore Wisconsin Inc., Proludic SAS, Xccent Fitness, The Great Outdoor Gym Co., and Wicksteed Leisure Ltd.
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, Market condition analysis for 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.

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What are the Key Data Covered in this Outdoor Gym Equipment Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive outdoor gym equipment market growth during the next five years
• Precise estimation of the outdoor gym equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the outdoor gym equipment industry across North America, APAC, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of outdoor gym equipment market vendors

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