Outdoor gym equipment is a booming market thanks to the positive effect outdoor exercise can have on wellbeing across communities. So, it's no surprise that the outdoor fitness equipment industry in general is set for significant growth in the coming years. In 2020, the market size was valued at $1.5 billion - by 2030 this forecast to reach $1.8 billion, a significant jump that represents a CAGR of 4.3%. There has been an increasing preference in recent years, particularly among the elderly and youth populations, to exercise outdoors and this has partly been what has been driving the surge in demand for outdoor gym equipment. As the name suggests, this is a market that caters to those who want to exercise outdoors and optimise the efforts that they make - with fitness equipment that is designed to enhance activity.