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ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

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CONSUMER BEHAVIOR AND PURCHASE INTENTIONS FOR HOME
FITNESS EQUIPMENT
Dr. Seema Laddha
SIES College of Management Studies
Sri Chandrasekarendra Saraswati Vidyapuram,
Plot 1-E, Sector V, Nerul, Navi Mumbai, Maharashtra 400706
e-mail: seemaladdha8@gmail.com

Abstract
Home fitness equipment’s are machines used for working out and include devices that help in
monitoring the physical exercises during workouts at home. Change in the lifestyle and
dietary habits of individuals over the past two decades have resulted in increased incidence
of lifestyle diseases such as heart disease, obesity, diabetes, and atherosclerosis. To avoid the
ill effect on the health, consumers prefer to take preventive measures. This is expected to fuel
the growth of the fitness equipment market. Another reason for the increase in demand of
fitness equipment would be growing health consciousness and the rise in healthcare costs
encouraging people to be more healthy and active. Consumers are focusing on consuming
healthier foods and engaging in daily workouts to stay fit and manage weight3. Growth in
home fitness equipment in recent past is the result of inconvenience of commuting to a gym to
use the machines, trainer fess, and membership fees 3. Consumers living in Metro cities like
Mumbai, Delhi Gyms are available in residential crowded place where vehicle parking is
also the major problem.On the other hand technological advancements such as wearable
technologies and connected devices have also fueled the fitness equipment market
demand3.But to cater the growing demand of equipment it is necessary to analyze the
consumer purchase behavior about the product. The purpose of this research is to study the
fitness market and consumer behavior towards the home fitness equipment. Structured
questionnaire is used to collect the data from the users of the equipment. Secondary data is
used to understand the market scenario. Study shows that size, price, quality are the
important factors for the consumer purchase decision. Brand Name is the less relevant factor
of consumer purchase decision. Companies need to understand the requirement of the market
and develop the product as per the need of the consumers.
Keywords: Home Fitness Equipment, Consumer Behavior, Gym, Brand
1. INDIAN FITNESS EQUIPMENT m in 20187. Increasing obesity and
MARKET disposable income stimulate the demand of
this fitness equipment1. Increasing number
India fitness equipment market is forecast
of gyms and health clubs coupled with
to reach $1.1 billion by 20236. Revenue in
government efforts are promoting physical
the "Fitness" segment amounts to US$ 475
fitness. In addition increasing lifestyle
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

diseases such as heart problems, obesity, market have started using interactive
and hypertension are resulting in growing videos and pages on social media channels
awareness of consumers towards physical that enables the customers to get proper
fitness8. guidance directly from the experts. Fitness
According to Suman Gautam, Research professionals provide a variety of fitness
Associate, Research, and Consulting, tools such as workout routines, workout
6Wresearch, “India fitness equipment calculators, and training tips to a variety of
market is majorly driven by growing people with varying levels of fitness. The
demand from Tier-I cities including Delhi, increasing initiatives taken by the vendors
Mumbai, Pune, Hyderabad, and Kolkata. to educate people about fitness will
A Gym membership was previously significantly contribute to the growth of
considered as a luxury nevertheless, with this market3.
increasing fitness awareness over past few The rising healthcare costs and health
years Tier-II and III cities such as consciousness is inducing customers to
Ahmedabad, Jaipur, Indore, Raipur etc. are remain fit. The consumers are increasingly
readily opting for fitness and wellness8. engaging in rigorous exercise that aid in
Growing penetration of international and weight control, immunity development,
domestic equipment manufacturers and increase in stamina, consequently,
coupled with rising number of gyms and improving the overall health of the body.
health clubs are contributing to the growth Precautionary healthcare is increasing the
of this market. Growing desire of youth demand for home fitness equipment as the
population towards physical fitness is customers are keen to exercise daily3.
complementing the growth of this market. Home fitness boosts privacy, reduce
distractions, and provide freedom to the
1.1 Growth of Home Fitness Equipment consumer to use equipment of their choice.
The home fitness equipment market They also eliminate the inconvenience of
segment is anticipated to grow 5% CAGR commuting to a gym to use the machines
from 2017 to 20243. Market research and are highly cost effective in the long
analysis identifies the increased awareness run. The small, recurring cost incurred in
about fitness is one of the primary growth transportation, workout equipment, trainer
factors for this market. But to increase fess, and membership fees is a major factor
customer awareness, vendors in this promoting consumer inclination to home
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

gyms4. Consumers living in Metro cities resulting in major contribution of these


like Mumbai, Delhi Gyms are available in equipment in the overall market. In terms
residential crowded place where vehicle of market sub-segments, treadmills and
parking is the major problem. stationery bikes emerged as the most
Technological advancements and preferred cardiovascular training
connected devices have also help to equipment in 20168. (Figure- 1)
increase the demand of home fitness
equipment4. Source: 6w Research Partnering Firm
2.3 Types of Fitness Equipment Market
2. LITERATURE REVIEW on the basis of End Users
2.1 Government Steps for Awareness According to the 6w Research report
In 2017, the Central Government of India India’s Fitness market share of residential
has ordered all its offices to facilitate gym fitness equipment is substantial at 10 %
facilities. In addition to this, the and also there is growth in near future8.
Department of Personnel and Training (Figure- 2)
(DoPT) is promoting gym set-ups in
offices by providing monetary Source: 6w Research Partnering Firm
compensation to offices6. Figure 2: Fitness Equipment Market on
the basis of End Users
2.2 Types of Fitness Equipment Market
on the basis of Product 2.4 Type of Consumer and their
India’s fitness equipment market is divided Behavior
into two types on the basis of usage are as First group is the students and
follows professionals in the age group of 20 to 35
1.
Cardiovascular training equipment years. This group of consumer is
2.
Strength Training Equipment concentrating on looks and building a fit,
In 2016, cardiovascular training equipment toned and conditioned body.
captured nearly 60% of the revenue share. Second group of consumer is focuses on
Fitness equipment such as treadmill and fitness to avoid lifestyle-related diseases
bikes are majorly preferred and more than these consumers have enthusiasm to
70% of the population visiting gyms or increase stamina, endurance and enhance
health clubs workout on these equipment, core strength to
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

deal with stress and to keep balance taking the franchisee route to enter the
between professional and personal lives5. Indian market2.
The age groups of 20-30 are more health Increasing obese population across
conscious and more images sensitive world
which drives the demand of fitness As per a study by the Centre for Disease
equipment in the market. This segment of Control and Prevention, in 2012, more
the population is mainly focusing on than one-third (34.9% of U.S. adults) are
looking good and having a fit and toned obese in 2015. Increase in obese
body. Post the age of 40, are a segment of population globally has supplemented with
population who are working out to fight demand of fitness equipment. Sedentary
some health issue and those who have lifestyle and dysfunctional diet cause
been advised to do so by their doctors10. obesity leading to several cardiovascular
and dietary diseases. Therefore
2.5 Factors affecting the growth of cardiovascular equipment is most popular
fitness equipment market in India choice of equipment for loosing weight10.
Increase in the number of gymnasiums and Initiatives for promoting good health by
fitness service providers offering various government & enterprise
packages and discounts for weight loss and Governments of developed countries have
related programs have increased the client conceptualized and established several
base. All these along with the marketing healthcare programs. For instance, fitness
and promotional efforts of the gym and allowance for employees is expected to
fitness centers are creating a positive increase in future. Therefore, it is predicted
impact on the growth of the fitness that employees may invest a significant
equipment market in India10. portion of their income on procuring
Awareness regarding health & fitness fitness equipment, thereby, driving an
Increase in level of health awareness increase in sales10.
would significantly drive the fitness trend. High cost of fitness equipment
Community centers in residential societies High price of fitness equipment is a major
and even apartment complexes host a gym. factor that limits growth of the fitness
Not only in metropolitan cities, but also equipment market. This stimulated start-up
fitness is spreading in tier 2 and tier 3 city. gyms & fitness centers and in-house users
Multinational fitness chains and gyms are to buy second-hand equipment. A
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

considerable demand for resale products


were observed for upgrading fitness 3. OBJECTIVE OF RESEARCH
facilities in hotels, hospitals, health clubs,  To find out the reasons for the
and wellness centers, along with marginal increasing demand of Fitness
resale amongst individual users and equipment in India
smaller fitness establishments. However, it  To analyse the consumer behaviour
hampered the sale of new fitness toward the home fitness equipment
10
equipment .  To identify the impact of brand on
consumer buying decision
2.6 Reasons for Home Trainer and
increasing demand for home equipment 4. RESEARCH METHODOLOGY
Personal trainers have become a medium This study provides secondary research
where you can get fit faster than ever study of fitness market reports, research
before. 44% of the population says that done by others together with primary
they will opt for a personal trainer at research. A questionnaire was developed
home. As per the research problems cited to test the behaviour of consumer towards
by individuals are not having the home fitness equipment. The results
understanding about how to start, not see were then compared and analysed. The
the results after going to gym, no gym or primary research used a quantitative based
fitness centre nearby, lack of discipline in approach sampling local consumers.
them, high membership fees, no time in Fitness enthusiasts today are mostly in the
their schedule, don’t feel motivated to age group of 20 to 35 years as per the
exercise etc and for gym no parking area, literature and the majority of the people in
always crowded, bad quality of equipment this age group are students and
5
etc . professionals’ thus major emphasis is
Growth in home fitness equipment in given on this segment. Thus the data
recent past is the result of inconvenience collection is included all segments those
of commuting to a gym to use the who are using equipment’s at home.
machines, trainer fess, and membership Structured questionnaire of 100 samples is
fees. Technological advancements is also used for the study.
fueled the fitness equipment market
demand3. 5. DATA ANALYSIS
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

Age
72 % of respondents are in the category of Consumer Behavior for purchase and
20-30 years and 28% are above 30 years of Learn about personal fitness products
age. Table 4 indicates that use of gym expert,
Motive of Exercise peers and word of mouth are the major
Table 1 revealed that the respondents are influencing factor for purchase decision
doing an exercise to lose weight, to
improve energy means increase in stamina Factors responsible for purchase
for work and reduce stress level. Decision
According to table 5 ease of use, price,
Occupation size and durability are the major factors for
the choice of equipment and brand has less
From Table 2 it is interpreted that the importance.
majority users of fitness equipment are
students followed by professionals and FINDINGS
business person. (Figure- 3) Home fitness equipment market segment is
Preference for Fitness Centers anticipated to grow 5% CAGR from 2017
to 2024. Due to lifestyle and dietary habits
Figure 3: Preference for Fitness Canters of individuals resulted in increased
Figure 3 explains that out of total users for incidence of heart disease, obesity,
fitness equipment only 18.3 percent are diabetes. Government initiatives,
using the home equipment. Non users are technological advancement along with the
again the major untapped market may be effort of traders increases the awareness
change to users in future if proper among the consumer about the healthcare.
marketing strategies are used. Preventive healthcare had fuelled the
Type of Fitness Equipment Currently growth of the home fitness equipment
have or Plan to Purchase market. Students and young professionals
Table 3 reveals that mostly the people have the bigger market share. The reasons
using Dumbbells, yoga mats and cardio behind the use of fitness equipment are
equipment along with treadmill. It also lose weight, improve energy and reduce
shows that some of the respondents are stress level .Use of Dumbbells , yoga mats
having more fitness equipment in use. and cardio equipment are use in heart
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

related diseases. Gym expert, peers and India – Riding High on Growth!
word of mouth are the major influencing http://www.iamwire.com/2017/02/f
factor for purchase decision. Price, size itness-industry-india/148416
and durability of equipment are the 3. Business wire(19th June 2017),
important factors for purchase. Branded Top 3 Emerging Trends Impacting
products are costly and therefore brand is the Global Home Fitness
not having much importance. Equipment Market From 2017-
2021:Technaviohttps://www.busine
MANAGERIAL IMPLICATION sswire.com/news/home/201706190
An estimated value of fitness market in 06060/en/Top-3-Emerging-Trends-
India 2017 is Rs. 95,000 crore and likely to Impacting-Global-Home
grow at double digit. To understand the 4. Global Market Insights (August
need of growing market is very 2017), Report ID: GMI443
importance. Cardiovascular equipment is revealed from
growing need and people have the either https://www.gminsights.com/indust
ne time to visit gym or there are other ry-analysis/fitness-equipment-
reasons as mention in literature like market-report
parking place and crowded. To satisfy 5. Saliha Nasline(Sep 12, 2017) The
demand of prize conscious consumer Economic Times , Fit and fine:
manager must think for it. Out of total Retail market for fitness in India
users for fitness equipment only 18.3 likely to touch Rs 7,000cr by year-
percent are using the home equipment. end revealed
fromhttps//economictimes.indiatim
REFERENCES es.com/articleshow/60476309.cms?
1. Ankur Gupta, March 17, 2015, utm_source=contentofinterest&utm
Fitness Services and Equipment _medium=text&utm_campaign=cp
Industry Research Report on India, pst
https://www.linkedin.com/pulse/fit 6. Fitness Equipment Market (2017-
ness-services-equipment-industry- 2023): Forecast by Type, End User
research-report-india-ankur-gupta Applications, Regions and
2. Amaresh-Ojha (02/03/2017) Competitive Landscaperevealed
Evolution of Fitness Industry in from
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

https://www.researchandmarkets.co Equipment, Strength Training


m/research/6mn7d2/india_fitness? Equipment), End User (Home
w=4India Consumer, Health Clubs/Gyms,
7. The Statistics Portal, Commercial Users) - Global
https://www.statista.com/outlook/3 Opportunity Analysis and Industry
13/119/fitness/india# Forecasts, 2014 –
8. India Fitness Equipment Market 2022,https://www.alliedmarketrese
(2017-2023), 6W Research arch.com/fitness-equipment-market
Partnering 11. The Pharma Times News Bureau
Firm,http://www.6wresearch.com/ (March 18, 2015) Ken Research:
market-reports/india-fitness- India Fitness Services and
equipment-market-2017-2023- Equipment Industry Outlook to
forecast-by-type-strength-training- 2019 – Increasing Obesity and
equipment-end-user-applications- Disposable Income to Spur Future
regions-competitive- Growth revealed from
landscape.html https://www.prnewswire.com/news
9. India Pages,( Jan 8, 2018), Fitness -releases/india-fitness-services-
Equipment Market Projected To and-equipment-industry-outlook-
Grow At CAGR Of Over 15 pc to-2019---increasing-obesity-and-
During 2017-23, revealed from disposable-income-to-spur-future-
https://www.indiapages.in/indias- growth-300115688.html
fitness-equipment-market- 12. https://www.alliedmarketresearch.c
13284.html om/fitness-equipment-market
10. Sheetanshu Upadhyay,(Sep2016 13. https://www.grandviewresearch.co
)Fitness Equipment Market by m/industry-analysis/fitness-
Type (Cardiovascular Training equipment-market

LIST OF TABLES

Table 1: Motive of Exercise


Number of
Motives for Exercise Respondents
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

To lose weight 42
To build muscle 18
To improve energy
level 48
To reduce stress levels 42
To improve functional
strength 36
Any others 14

Table 2: Occupation
Number of
Occupation Respondents
House wife 18
Business 28
Students 82
Professionals 61
Others 11

Table 3: Type of Fitness Equipment


Fitness Equipment No. of users
Yoga mats 55
Cardio equipment 46
Resistance Band 38
Adjustable Dumbbells 60
Jump ropes 30
Wrist& ankle weighs 25
Treadmill 53
Elliptical 37
Others 26

Table 4: Consumer Behaviour for Product Purchase Decision


Influencing Factor for Purchase
Expert (personal trainer or fitness coach) 42
Other Sources 12
Peers/word of mouth 42
Social media 14
Television 9
Used it at the gym, Expert (personal trainer or fitness
coach) 55
Websites 26
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

Table 5: Factors Responsible for Purchase Decision


Factors for Purchase
Ease of use 73%
Price 68%
Size of equipment 55%
Durability 46%
Portability 44%
Design 36%
Warranty 34%
Reviews 11%
Brand 9%

LIST OF FIGURE

Figure- 1

Figure- 2

India Fitness Equipment Market Revenue Share,


By Applications (2016)

10%
Gyms & Health Clubs
26% Commercial
64% Residential
ELK ASIA PACIFIC JOURNAL OF MARKETING & RETAIL MANAGEMENT

ISSN 2349-2317 (Online); DOI: 10.16962/EAPJMRM/issn. 2349-2317/2018; Volume 9 Issue 3 (2018)

Figure- 3

Figure- 5

90
80
70
60
50
40
30
20
10
0
House wife Bussiness Students Professionals Others

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