Portable Rowing Machines Market Size, Share, Growth and Industry Growth by Type (Air Rowing Machine and Magnetic Rowing Machine) by Application (Gym and Home), Regional Insights, and Forecast To 2031

Updated On: 15 April 2024

Portable Rowing Machines Market Report Overview

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global portable rowing machines market size expanded rapidly in 2022 and the market is projected to grow substantially by 2031, exhibiting a prodigious CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with actuator connector experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

The global portable machines, also known as compact rowing machine or foldable rowing machine, is a type of exercise equipment that simulates the action of rowing a boat and provides a low-impact cardiovascular workout. It is designed to be lightweighted, easy to move and foldable for storage in small spaces. They typically feature adjustable resistance levels, a comfortable seat, and foot pedals with straps to secure the user’s feet. They offer a fully-body workout that targets multiple muscle groups, including the legs, arms, back, and core. Regular use of a rowing machine can help improve cardiovascular fitness, build strength and endurance and aid in weight loss.

The portable rowing machines market progression can be credited to the upsurge in the demand due to increasing interest in home workouts, saving space design and full-body workout. This exercise machine targets multiple muscle groups, including the legs, arms, back and core. This makes them a popular choice for people who are recovering from an injury or have joint issues. Growing demand for consumer machinery equipment and sales through online e-commerce channels is anticipated to drive market growth during the forecast period. Presence of leading manufacturers of portable rowing machine will boost the portable rowing machines market growth.  

COVID-19 Impact: Changes in distribution channels impeded market growth

The effects of the COVID-19 pandemic were felt on a global level; this global portable rowing machines market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. The pandemic had a significant impact on the changes in distribution channels as there was closure on the sale of rowing machines. Halt on the production in the manufacturing plants led to affecting of demand for machinery and simultaneous product. Recovery of the portable rowing machines market is expected due to increase in demand for home workouts which is increasing the demand for portable machines market.

LATEST TRENDS

"Increased demand for multi-functional designs to surge market growth"

One of the major portable rowing machines market trends driving the market's growth is the increasing demand for multi-functional designs that is some portable rowing machine now come with additional features, such as built-in resistance bands or exercise bikes, allowing users to perform a variety of exercises with one machine. Foldable rowing machine are becoming more popular, as they can be easily stored when not in use. This is especially useful for people with limited space or those who want to store their rowing machine out of sight.

Portable Rowing Machines Market SEGMENTATION

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• By Type

Based on type, the market is divided into air rowing machines and magnetic rowing machines.

• By Application

Based on application, the market is divided into gym and home.

DRIVING FACTORS

"Increasing health awareness among the population "

As people become more health conscious, there is a growing demand for fitness equipment, including portable rowing machines. Rowing is an effective full-body workout that can improve cardiovascular health, build muscle and aid in weight loss, making rowing machines an attractive option for those looking to improve their overall fitness.

"Rising popularity of home workouts and Increasing urbanization to boost the machinery demand"

With the outbreak of COVID-19 pandemic, many people have turned to home workouts as a way to stay active while avoiding gyms and fitness centres. Many modern portable rowing machines come equipped with features such as Bluetooth connectivity, real-time performance tracking and virtual coaching which are appealing to fitness enthusiasts and casual users like. This has led to an increase in demand for portable fitness equipment, including rowing machines. With more people living in cities, there is a growing demand for compact and lightweighted fitness equipment that can be easily stored in small spaces. Portable rowing machines with foldable designs and compact footprints are well-suited for urban living. It offers a full-body workout in a compact and easily transportable package. As people become more health-conscious, they are looking for convenient and effective ways to stay in shape, and this exercise machine are an attractive option for many.

RESTRAINING FACTORS

"Side Effects associated with the machinery to Hinder Market Progress"

The portable rowing machines market is highly competitive, with many manufacturers and retailers vying for market share. This competition can lead to pricing pressures and reduced profit margins for manufacturers, which can hinder the growth of the market. While there are variety of portable rowing machines available on the market, many of these products are similar in terms of features and functionality. This limited product differentiation can make it difficult for manufacturers to stand out and differentiate themselves from their competitors.

Portable Rowing Machines Market REGIONAL INSIGHTS

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"North America to dominate the market due to the Rising health consciousness in the region"

North America has turned to home workouts as a way to stay active and healthy while avoiding gyms and fitness centres. This has led to an increase in demand for portable fitness equipment, including rowing machines. It also has strong distribution network for fitness equipment, with many established retailers and online marketplaces that specializes in selling exercise equipment. This has made it easier for manufacturers of portable rowing machine to reach potential customers in North America and grow their market share.

The development of smart rowing machines with features such as Bluetooth connectivity and interactive coaching has made portable rowing machines more attractive to consumers in North America. 

Europe is likely to hold the second-largest share in the market. Europe has a large population of health-conscious consumers who are interested in staying fit and active. This has led to growing demand for fitness equipment, including portable rowing machines. It also has strong fitness industry with many established gym chains and fitness and health in many European countries, which has further contributed to the demand for fitness equipment.

Key Industry Players

"Market Players to adopt organic strategies to grow in the market"

The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Sunny Health & Fitness (Taiwan, China)
• Bodycraft (New Mexico, U.S.)
• Merax (U.S.)
• JOROTO (Colorado, U.S.)
• GoPlus (U.S.)
• Stamina (U.S.)
• Paradigm Health & Wellness (California, U.S.)

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.