The demand for home gyms is rising along with the trend of individuals living better lifestyles. You can escape the crowds and lengthy waits that are frequently present at commercial gyms by using a home gym, which is handy and time-saving. But first, you need to figure out how much space you actually need for your home gym.
The type of equipment you want to use and the workouts you intend to perform will determine the optimal size for a home gym. You won’t need as much space, for instance, if you solely intend to use bodyweight exercises, as opposed to someone who wants to use a squat rack, bench press, and other weightlifting apparatus. However, as a general rule of thumb, a basic home gym setup requires at least 100 square feet of room.
You will require much more room if you intend to include a cardio machine like a treadmill or elliptical. An elliptical machine only needs approximately 20 square feet of room, but a treadmill takes up about 30 square feet. You should also take your ceiling’s height into account. Make sure you have enough space if you intend to perform any activities that call for lifting weights overhead.
So, is the gym business expanding? Yes, it is the answer. The industry for gyms, health clubs, and fitness facilities is anticipated to expand at a 1.5% CAGR from 2020 to 2025, according to a report by IBISWorld. The trend toward a better lifestyle, greater disposable income, and rising health consciousness among individuals are all contributing factors to this growth.
What will the fitness sector be valued in 2020? According to a survey by Research and Markets, the worldwide fitness business will reportedly be worth $94 billion in 2020. From 2021 to 2028, the industry is anticipated to expand at a CAGR of 8.7%, driven by rising consumer demand for fitness- and health-related activities.
Finally, it’s important to note that because of New Year’s resolutions, gym memberships frequently rise in January. A common resolution for those who want to improve their health and fitness is to join a gym. In fact, 12% of Americans join a gym or health club in January, compared to 8% in other months, per a Statista survey.
Finally, the size of your home gym will depend on your fitness objectives, the equipment you want to use, and the available space. However, a basic home gym setup is best with at least 100 square feet of space. Gym memberships frequently rise in January as a result of New Year’s resolutions, which is good news for the expanding fitness sector.