Home Exercise Bike Market Size, Key Facts, Dynamics, Segments and Forecast Predictions 2023-2028

The new report by Expert Market Research titled, ‘Global Home Exercise Bike Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global home exercise bike market assessing the market based on its segments like types, sales channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 7.7%

The rising health awareness owing to the growing prevalence of various health-related issues is driving the market for home exercise bike. With the growing focus on holistic wellbeing, weight management, and improving muscular strength and body stamina, the demand for home exercise bikes is significantly surging. The market growth can also be attributed to the emerging trend of preventative healthcare due to the rising healthcare costs, which is bolstering the focus on fitness activities. Moreover, the growing adoption of specialised home exercise bikes by the rising geriatric population in both developing and developed countries is propelling the growth of the market.

Home Exercise Bike Industry Definition and Major Segments

A home exercise bike, variously known as a stationary bike, is cardiovascular equipment that offers full-body workout. It is typically used for no-impact aerobic workouts to tone and strengthen the muscles of the lower body. It is easy to use and requires low maintenance. Moreover, home exercise bikes find extensive use in spin workouts.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/home-exercise-bike-market/requestsample

The market, based on type, is divided into:

• Recumbent Bike
• Upright Bike
• Dual Action Bike
• Interactive Bike

By sales channel, the market is segmented into:

• Online
• Physical Store

The regional markets of home exercise bike are:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Home Exercise Bike Market Trends

The market growth of home exercise bike can be attributed to the growing focus on active and healthy lifestyles across the globe. The rising awareness regarding the harmful health effects of sedentary lifestyles is also increasing the demand for home exercise bikes. With the growing trend of home workouts in the wake of the COVID-19 outbreak, the market for home exercise bike is witnessing robust growth. Moreover, the surging awareness regarding the benefits of such bikes in boosting stamina, burning body fat, and stimulating heart rate is expected to significantly contribute to the growth of the market in the forecast period.

Key Market Players

The major players in the market are Body Solid, Inc., Ciclotte, Paradigm Health & Wellness, Inc., and TECHNOGYM S.p.A, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: James Rowan, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Also Read:

B2C E-Commerce Market