NAICS Code 532289-16 - Exercise Equipment-Renting

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 532289 - All Other Consumer Goods Rental - 7,099 companies, 7,817 emails.

NAICS Code 532289-16 Description (8-Digit)

Exercise Equipment-Renting is a subdivision of the NAICS Code 532289 that involves the rental of exercise equipment to individuals or businesses. This industry provides a cost-effective solution for people who want to exercise without the need to purchase expensive equipment. Exercise Equipment-Renting companies offer a wide range of equipment, including treadmills, ellipticals, stationary bikes, rowing machines, weight machines, and more. This industry is growing rapidly due to the increasing demand for fitness equipment and the rising popularity of home workouts.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532289 page

Tools

Tools commonly used in the Exercise Equipment-Renting industry for day-to-day tasks and operations.

  • Treadmills
  • Ellipticals
  • Stationary bikes
  • Rowing machines
  • Weight machines
  • Dumbbells
  • Kettlebells
  • Resistance bands
  • Yoga mats
  • Foam rollers

Industry Examples of Exercise Equipment-Renting

Common products and services typical of NAICS Code 532289-16, illustrating the main business activities and contributions to the market.

  • Home gym equipment rental
  • Corporate fitness equipment rental
  • Vacation rental fitness equipment
  • Event fitness equipment rental
  • Fitness equipment rental for rehab facilities

History

A concise historical narrative of NAICS Code 532289-16 covering global milestones and recent developments within the United States.

  • The exercise equipment renting industry has been around for decades, with the first gym opening in the US in the 1930s. However, it wasn't until the 1970s that the fitness industry really took off, with the introduction of home exercise equipment such as treadmills and stationary bikes. In the 1990s, the industry saw a shift towards more specialized equipment, such as ellipticals and weight machines. In recent years, the industry has seen a surge in popularity due to the rise of boutique fitness studios and the increasing focus on health and wellness. In the United States, the exercise equipment renting industry has seen significant growth in recent years. This can be attributed to the rise of home workouts and the increasing popularity of boutique fitness studios. In 2020, the COVID-19 pandemic also played a role in the industry's growth, as many people turned to home workouts due to gym closures. The industry has also seen advancements in technology, with the introduction of smart equipment that can track workouts and provide personalized training programs.