Europe Fitness Equipment Market - A USD 4 Billion Opportunity by 2026
Category: #business  By Shashie Pawar  Date: 2020-09-18
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Europe Fitness Equipment Market - A USD 4 Billion Opportunity by 2026

The study on Europe Fitness Equipment Market provides a complete view on the industry with intricate details subject to its overall stance in the global landscape along with specifying various applications across major end-user sectors.

Europe fitness equipment market, as per the given report, recorded valuation of USD 3 billion in 2019 and would cross to a mammoth of USD 4 Billion by end of 2026, growing at a rate of 3.5%. The market report showcases data on the current market situation, evolving technologies, provides details on market rivals, market strategies, future growth prospects, and vivid market segmentations.

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Further, the report also puts forth various factors that are potentially driving the revenue graph of the industry over the time, along with offering details of the ongoing trends that the given industry is characterized by.

According to the analysis, Europe fitness equipment industry has been divided into multiple segments including end-use, equipment, regions, and expansive competitive landscape.

The market share will witness growth due to the growing demand for strength equipment from gyms and fitness centers. Strength equipment improves body balance, enhances bone health, and provides relief from diseases such as arthritis. As free weights, barbells, and dumbbells are comparatively cheaper compared to cardio machines, consumers buy strength equipment at home to workout according to their convenience. In June 2020, Nautilus Inc. enhanced its Bowflex SelecTech line with adjustable 2080 barbell and curl bar that powers home gyms with seven adjustable weights in the compact, dual bar system.

As per the given document, European fitness equipment market has been diversified into regions whose comprehensive analysis has been mentioned in the study. It also includes factors and trends that are deemed to promote the growth of regional markets, each region’s individual market share and size, technologies used, governmental laws and regulations, and other factors.

The growing trend of gym memberships in countries including Sweden, Austria, Germany, and France will support fitness equipment market growth. Around 8% of the total European population were fitness or health club members in 2019, with a penetration rate of 9.7% for people aged 15 years and older. The penetration rate is higher in Northern and Central Europe compared to Southern and Eastern Europe. According to EuropActive, in terms of market penetration, 21.6% of the total population in Sweden have gym memberships, followed by 21.4% in Norway and 18.6% in Denmark. Basic Fit topped the European fitness club market with 2.22 million members in 2019.

The fitness equipment industry Europe is highly fragmented and claims the presence of top-notch companies operating the realm including Amer Sports Corporation, Core Health & Fitness, Heinz Kettler GmbH & Co. KG, Escape Fitness Ltd., Eleiko Group AB, Icon Health & Fitness Inc., Hoist Fitness Systems, Johnson Health Tech, Technogym S.p.A, Nautilus Inc., and Torque Fitness. Market analysis of this segment highlights details on the sales growth of each of these companies, their strategic initiatives, individual company profiles, market share, and position in the worldwide ecosystem.

Table of Content:

Chapter 4. Europe Fitness Equipment Market Size, by Equipment, 2020-2026

 

  • Cardiovascular
    • Elliptical machines
    • Treadmills
    • Exercise bikes
    • Climbers
    • Others
  • Strength training
    • Weightlifting
    • Weights
    • Barbells & ladders
    • Extension machines
    • Power racks
    • Others
  • Others

 

Chapter 5. Europe Fitness Equipment Market Share, by End-Use, 2020-2026

 

  • Home
  • Health clubs
  • Office
  • Hotels

 

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1405/europe-fitness-equipment-market

About Graphical Research:

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Graphical Research 
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About Author

Shashie Pawar

Shashie Pawar    

Shashie Pawar is a tech blogger and a digital marketing pro since 3 years and writes for Ground alerts. A Electronics & communication Engineering graduate by education, Shashie offers his analysis on the tech market research landscape. His strong suit is analyzing the...

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