Europe Fitness Equipment Market – Opportunities & Forecast, 2020-2027

This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional market along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Europe Fitness Equipment Market:

·         Amer Sports Corporation

·         Nautilus, Inc

·         Brunswick Corporation

·         Johnson Health Tech Ltd

·         Cybex International, Inc.

·         ICON Health & Fitness, Inc.

·         Technogym SpA

·         Tuntari New Fitness B.V.

·         Kettler (GB) Limited

·         Torque Fitness LLC

The key drivers of the Europe Fitness Equipment Market are as follows:

The significant increase in obesity rates and growing health concerns among individuals in the region are factors surging the growth of the Europe fitness equipment market. In the competitive business landscape, every individual is working and chasing a luxurious lifestyle. However, due to the adoption of such a lifestyle, individuals have started developing several diseases such as obesity, heart attacks, osteoporosis, fluctuations in blood pressure, and other related diseases. This has promoted people to participate in various fitness activities on a regular basis. The physical activities help individuals to relieve anxiety, anger, stress, depression while propelling the energy level and self-confidence of an individual.

The rising awareness among individuals is encouraging the development of gyms and fitness apps, which has shifted the focus of the individuals toward fitness. Thus, growing health awareness in the region is fuelling the growth of the market. In addition to this, emerging government initiatives to support physical activities are improving the growth of the market. In 2019, PHE and Health Education England announced "All Our Health" guidelines and information, focusing on explaining the importance of staying healthy. All these initiatives introduced by the governments are accelerating the growth of the market. On the other hand, the strong demand for refurbished equipment will hinder the growth of Europe's market.

The study objectives of this report are:

1.       To study and forecast the size of the market.

2.       To analyze the key players, SWOT analysis, value, and market share for the leading players.

3.       To define, describe, and forecast the market by different segments.

4.       To analyze the market potential and advantage, opportunity and challenge, restraints and risks.

Segmentation of the Europe Fitness Equipment Market:

Breakup by Type:

·         Cardiovascular Training Equipment

o    Treadmill

o    Elliptical

o    Stationary Bike

o    Rowing Machine

o    Others

·         Strength Training Equipment

·         Other Equipment

Breakup by End-User:

·         Home consumer

o    Home

o    Apartment

o    Gyms in Apartment

·         Health club/gym

·         Other commercial users

o    Hotel

o    Corporate Office

o    Hospitals & Medical Center

o    Public Institution

Breakup by Sales Channel:

·         Hypermarket and Supermarket

·         Specialty Stores

·         Retail Pharmacies

·         Online sales Channel

Breakup by Countries:

·         U.K.

·         Germany 

·         France

·         Spain

·         Rest of the Europe

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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