Product Code: ETC014509 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Fitness Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 10.35% in 2025, the market peaks at 16.64% in 2028, and settles at 15.56% by 2029.
The Fitness Equipment market in Philippines is projected to grow at a exponential growth rate of 15.39% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Philippines fitness equipment market is projected to reach USD 231.8 Million by 2026 from USD 152.4 million in 2020, registering a CAGR of 8.0%. The growing demand for health and fitness products due to the rising prevalence of obesity and diseases has led to an increase in the adoption of gym equipment such as treadmills, exercise bikes, cross trainers, rowing machines and multi-gyms among others. Furthermore, increasing awareness about physical activity coupled with rising disposable incomes are expected to drive the growth of the market during the forecast period (2020-2026). However, high costs associated with these products may hamper market growth over time
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Fitness Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fitness Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 Philippines Fitness Equipment Market - Industry Life Cycle |
3.4 Philippines Fitness Equipment Market - Porter's Five Forces |
3.5 Philippines Fitness Equipment Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Philippines Fitness Equipment Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Philippines Fitness Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fitness Equipment Market Trends |
6 Philippines Fitness Equipment Market, By Types |
6.1 Philippines Fitness Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fitness Equipment Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Philippines Fitness Equipment Market Revenues & Volume, By Cardiovascular Training Equipment, 2016 - 2026F |
6.1.4 Philippines Fitness Equipment Market Revenues & Volume, By Strength Training Equipment, 2016 - 2026F |
6.1.5 Philippines Fitness Equipment Market Revenues & Volume, By Other Equipment, 2016 - 2026F |
6.2 Philippines Fitness Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fitness Equipment Market Revenues & Volume, By Home consumer, 2016 - 2026F |
6.2.3 Philippines Fitness Equipment Market Revenues & Volume, By Health club/gym, 2016 - 2026F |
6.2.4 Philippines Fitness Equipment Market Revenues & Volume, By Other commercial user, 2016 - 2026F |
7 Philippines Fitness Equipment Market Import-Export Trade Statistics |
7.1 Philippines Fitness Equipment Market Export to Major Countries |
7.2 Philippines Fitness Equipment Market Imports from Major Countries |
8 Philippines Fitness Equipment Market Key Performance Indicators |
9 Philippines Fitness Equipment Market - Opportunity Assessment |
9.1 Philippines Fitness Equipment Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Philippines Fitness Equipment Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Philippines Fitness Equipment Market - Competitive Landscape |
10.1 Philippines Fitness Equipment Market Revenue Share, By Companies, 2019 |
10.2 Philippines Fitness Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |