North American home gym equipment is estimated to display a steady CAGR of 2.8% during the forecast period (2020-2026). The market is expected to grow during the forecast period with increased demand from the customer segment for home gym equipment Although gyms are expected to reopen in various states, it is anticipated that the percentage of consumers joining back will be lower. Hence, various initiatives involving technological advancements in the home gym equipment market are projected to drive growth during the forecast period.
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Fitness needs were already flourishing earlier, but growth until 2019 was steady in the home gym equipment market. With the COVID-19 outbreak, the market saw a huge increase in demand for home gym equipment as people were bound at home with lockdown measures. Hence, with gyms closed and