The Europe fitness equipment market is forecasted to register a CAGR of 4.88% over the estimated period of 2021 to 2028. The regional market’s growth is facilitated by the surging rates of obesity, the rising gym and fitness cultures, and the growing sales of home gym equipment owing to the home workout trend.
EUROPE FITNESS EQUIPMENT MARKET FORECAST 2021-2028
Europe Fitness Equipment Market by Type (Cardiovascular Equipment, Strength Training Equipment, Other Equipment) Market by Distribution Channel (Online, Offline) Market by End-user (Home, Apartment, Health Club/gym, Hotel, Corporate Office, Other End-users) by Geography
The Europe fitness equipment market is forecasted to register a CAGR of 4.88% over the estimated period of 2021 to 2028. The regional market’s growth is facilitated by the surging rates of obesity, the rising gym and fitness cultures, and the growing sales of home gym equipment owing to the home workout trend.
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The Europe fitness equipment market growth evaluation encompasses the assessment of Germany, Italy, France, Russia, the United Kingdom, Belgium, Poland, and Rest of Europe. The number of fitness centers and gyms increased by more than 50% in the United Kingdom from 2011 to 2018, thus highlighting the robust fitness industry in the country. Moreover, as of 2021, the United Kingdom houses approximately 3,610 gyms. As per the 2019 Health Survey for England, nearly 28% of adults in the United Kingdom are obese, while 36.2% are overweight but not obese. Hence, due to the increasing fitness awareness, the gym culture in the nation has surged over the years.
According to the Organization for Economic Co-operation and Development (OECD), in Germany, one in four adults are obese. Furthermore, as per the Robert Koch Institute, 53% of women, as well as 67% of men in the country, are overweight. Around 24% of women and 23% of men are also seriously overweight. The country’s high obesity rates have built substantial awareness surrounding fitness and health in Germany. Hence, these factors are expected to propel the Europe fitness equipment market growth.
Technogym SpA, headquartered in Italy, is involved in the recreational products industry and manufactures fitness equipment. It manufactures and designs fitness equipment for private individuals, fitness centers, corporations, medical centers, and hotels and spas. The company’s products include legs exercise equipment, treadmills, exercise bikes, gym benches, kinesis, software and hardware, cross trainers, circuit training, stretching machines, upper body equipment and weights core exercises equipment, fitness accessories, and others.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- GROWING HEALTH CONSCIOUSNESS DUE TO THE PREVALENCE OF OBESITY
- BENEFITS OF FITNESS EQUIPMENT
- POPULARITY OF FITNESS AND GYM CULTURE
- KEY RESTRAINTS
- HIGH COSTS OF FITNESS EQUIPMENT
- PRESENCE OF COUNTERFEIT PRODUCTS IN THE MARKET
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON FITNESS EQUIPMENT MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY TYPE
- CARDIOVASCULAR EQUIPMENT
- STRENGTH TRAINING EQUIPMENT
- OTHER EQUIPMENT
- MARKET BY DISTRIBUTION CHANNEL
- ONLINE
- OFFLINE
- MARKET BY END-USER
- HOME
- APARTMENT
- HEALTH CLUB/GYM
- HOTEL
- CORPORATE OFFICE
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY DRIVERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- EXPANSIONS
- COMPANY PROFILES
- CORE HEALTH & FITNESS LLC
- CYBEX INTERNATIONAL INC
- GYMEQUIP.EU
- HEINZ KETTLER GMBH & CO KG
- IFIT HEALTH & FITNESS INC (FORMERLY ICON HEALTH & FITNESS INC)
- IMPULSE (QINGDAO) HEALTH TECH CO LTD
- JOHNSON HEALTH TECH CO LTD
- LIFE FITNESS
- NAUTILUS INC
- PELOTON INTERACTIVE INC
- PRECOR INCORPORATED (PREVIOUSLY OWNED BY AMER SPORTS)
- TECHNOGYM SPA
- TOTAL FITNESS EQUIPMENT
- TRUE FITNESS TECHNOLOGY INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – FITNESS EQUIPMENT
TABLE 2: PERCENTAGE OF OBESE ADULTS BY COUNTRY IN 2021
TABLE 3: EUROPE FITNESS EQUIPMENT MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 4: EUROPE FITNESS EQUIPMENT MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 5: EUROPE FITNESS EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 6: EUROPE FITNESS EQUIPMENT MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 7: EUROPE FITNESS EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 8: EUROPE FITNESS EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 9: EUROPE FITNESS EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 10: EUROPE FITNESS EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 11: KEY PLAYERS IN EUROPE FITNESS EQUIPMENT MARKET
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF EXPANSIONS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: EUROPE FITNESS EQUIPMENT MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 6: EUROPE FITNESS EQUIPMENT MARKET, BY CARDIOVASCULAR EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE FITNESS EQUIPMENT MARKET, BY STRENGTH TRAINING EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE FITNESS EQUIPMENT MARKET, BY OTHER EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE FITNESS EQUIPMENT MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2020
FIGURE 10: EUROPE FITNESS EQUIPMENT MARKET, BY ONLINE, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE FITNESS EQUIPMENT MARKET, BY OFFLINE, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE FITNESS EQUIPMENT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
FIGURE 13: EUROPE FITNESS EQUIPMENT MARKET, BY HOME, 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE FITNESS EQUIPMENT MARKET, BY APARTMENT, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE FITNESS EQUIPMENT MARKET, BY HEALTH CLUB/GYM, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE FITNESS EQUIPMENT MARKET, BY HOTEL, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE FITNESS EQUIPMENT MARKET, BY CORPORATE OFFICE, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE FITNESS EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE FITNESS EQUIPMENT MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 20: UNITED KINGDOM FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 21: GERMANY FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: FRANCE FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: ITALY FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: RUSSIA FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: BELGIUM FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: POLAND FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: REST OF EUROPE FITNESS EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY DRIVERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- MARKET BY TYPE
- CARDIOVASCULAR EQUIPMENT
- STRENGTH TRAINING EQUIPMENT
- OTHER EQUIPMENT
- MARKET BY DISTRIBUTION CHANNEL
- ONLINE
- OFFLINE
- MARKET BY END-USER
- HOME
- APARTMENT
- HEALTH CLUB/GYM
- HOTEL
- CORPORATE OFFICE
- OTHER END-USERS
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