If you’re a fan of indoor cycling, you might be wondering how big the industry is and what the latest trends are. Well, you’re in luck because, in this blog post, I’ll give you an overview of the indoor cycling industry, its market size, and some of the most popular and emerging trends in this sector.
Indoor Cycling Overview
Indoor cycling is a form of exercise that involves riding a stationary bike in a group setting, usually with music and an instructor. Indoor cycling can offer many benefits, such as improving cardiovascular fitness, burning calories, strengthening muscles, and reducing stress. Indoor cycling is also a convenient and accessible exercise, as it can be done in any weather and at any time.
According to Custom Market Insights (CMI), the global indoor cycling market was valued at USD 1.5 billion in 2021. It is expected to grow at a CAGR of around 10% between 2022 and 2030, reaching approximately USD 2.8 billion by 2030.
The report predicts that the indoor cycling market will grow due to the rise in health clubs, gyms, and fitness centers. This growth is driven by an increase in consumer income and a change in lifestyle. The market expansion will be further accelerated by an increase in demand from end-use industries and consumers’ growing health concerns.
It also says that the market will also benefit from the rising rates of obesity, diabetes, stress, and hypertension. However, the growth rate may be slowed down by the expansion of e-commerce and the increasing youth population. Moreover, the market for indoor cycling will experience rapid expansion due to the growing fitness boutiques and gym chains that are providing virtual training.
Some of the key players in the indoor cycling industry according to the report include Brunswick Corporation, Pelotons, Icon Health & Fitness, Inc., Nautilus, Precor, NordicTrack, Techno gym, Proform, Schwinn, Star Trac, Soletreadsdotin, Life Fitness, Horizon Fitness, Marcypro, Stamina Products, Inc., True Fitness, Johnson Health Tech, Rogue Fitness, Core Health & Fitness, LLC, Cosco Sports Equipment, ShuHua Sports Co., Ltd., JERAI Fitness Pvt. Ltd, and others,
Indoor Cycling Industry Trends
Some of the latest trends in the indoor cycling industry include:
Interactive and immersive experiences
Many indoor cycling platforms offer features such as live classes, on-demand workouts, leaderboards, social media integration, gamification, and virtual reality. These features aim to enhance the user experience and engagement by creating a sense of community, competition, and fun.
Personalization and customization
Many indoor cycling platforms allow users to personalize their workouts by choosing their preferred instructor, music genre, difficulty level, duration, and goals. Some platforms also offer customized feedback and coaching based on the user’s performance and biometrics.
Hybrid models
Some indoor cycling platforms offer both online and offline options for users who want more flexibility and variety. For example, Peloton offers both a digital membership that allows users to access classes on any device and a bike membership that includes a smart bike and a touchscreen. Similarly, Zwift offers both a virtual platform that connects users with other riders around the world and a companion app that allows users to join events and races in real life.
Diversity and inclusion
Many indoor cycling platforms are striving to promote diversity and inclusion by featuring instructors and classes that cater to different backgrounds, cultures, languages, abilities, and preferences.
As you can see, the indoor cycling industry is booming and evolving with new products, services,
and features that appeal to a wide range of consumers.
How to Get Started in Indoor Cycling
If you’re interested in joining the indoor cycling craze, you might be wondering how to get started.
Here are some tips to help you:
Choose a suitable bike
You can either buy your indoor cycling bike or use one at a gym or studio. If you buy your own bike, make sure it fits your height, weight, and comfort level. You can also opt for a smart bike that connects to an app or platform and provides interactive features.
If you use a bike at a gym or studio, make sure to adjust the seat, handlebars,
and pedals to your preference.
Find a platform or class
You can either join an online platform or app that offers indoor cycling classes or find a local gym or studio that offers them. Online platforms and apps usually require a subscription fee and may offer free trials or discounts. Local gyms and studios may have different pricing options and may require booking in advance. You can also mix and match online and offline classes to suit your schedule and mood.
Pick a workout
You can choose from different types of workouts depending on your goal, skill level, and preference.
Some common types of workouts include endurance, interval, strength, climb, and sprint. You can also choose from different music genres and instructors to match your vibe. Some platforms and apps also allow you to create your workouts or follow custom programs.
Have fun
The most important thing is to enjoy yourself and have fun while cycling. In your first few sessions, don’t worry too much about your speed, distance, or calories burned. Focus on your breathing, posture, and form. Listen to your body and adjust your intensity and resistance as needed. Remember to hydrate
and stretch before and after your workout. And don’t forget to celebrate your achievements and share them with your friends or fellow cyclists.
Indoor cycling is a great way to stay fit, healthy, and happy. With so many options and trends to choose from, you can find the one that works best for you.