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Home fitness equipment market to grow by $4.44b by 2028

It is driven by rising health awareness and smartphone penetration The global home fitness equipment market is set to expand by $4.44b from 2024 to 2028, with a CAGR of 11.38%, according to Technavio.
The article from MSN discusses the growth projections for the Home Fitness Equipment Market, which is expected to expand by $4.44 billion by 2028. This growth is attributed to an increasing focus on health and fitness, the rise in home workout trends, and technological advancements in fitness equipment. The market is driven by factors such as the convenience of exercising at home, the integration of smart technology in fitness gear, and a growing awareness of health issues. Key segments of the market include cardiovascular training equipment, strength training equipment, and others like ellipticals, treadmills, and rowing machines. The report also highlights the impact of the global health crisis, which has significantly boosted the demand for home fitness solutions as people seek to maintain their fitness routines without gym access. Additionally, the market sees growth from regions with rising disposable incomes and a cultural shift towards wellness.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/news/other/home-fitness-equipment-market-to-grow-by-4-44b-by-2028/ar-AA1yXe3C ]