A treadmill ($900), bench gear ($150), free weight set ($1,000), squat rack ($300), and
gym selfie mirrors ($100) turn a home gym into a once-in-a-lifetime investment.
A fully-stocked garage gym could register a $2,000+ price tag.
That $10-$20 monthly gym membership certainly sounds like a steal right about now.
But scoping out that 20,000 sq. ft. Planet Fitness — fitted with three rows of cardio machines and dozens of resistance training equipment — makes you wonder.
This place must cost millions to fully stock and maintain.
So, just how much are health centers shelling out on fitness equipment each year? And where’s the industry headed now that the obesity and inactivity epidemics are at record highs?
To learn more about this billion-dollar industry, take a look at these 15 statistical trends.[Read more…] about Fitness Equipment Industry Statistics (Growth & Trends)