Europe Home Fitness Equipment Market Overview
According to SPER Market Research, the Europe Home Fitness Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Because of their hectic schedules and long working hours, crowded fitness centres, and parking issues, an increasing number of consumers are turning to home workouts. The convenience of not having to commute to a gym to use the machines is eliminated, and the equipment is highly cost-effective in the long run. The low recurring cost of transportation, workout equipment, trainer fees, and membership fees is a major factor driving consumer preference for home fitness equipment. Furthermore, with the subsequent demand for personal trainers, online fitness training has played a significant role in consumers' preference for home health and fitness equipment.
Impact of COVID-19 on the Europe Home Fitness Equipment Market
The COVID-19 pandemic has reshaped the fitness landscape and skyrocketed the at-home fitness industry. With the increase in online sales of home gym equipment, home fitness has become a notable opportunity. The COVID-19 pandemic has had a significant impact on businesses and the economy, in addition to the serious implications for people's health and healthcare services. As a result, it had an impact on the global home fitness equipment market. With the continuation of quarantines and social distancing norms, gyms remained closed, boosting the culture of home-workout and, as a result, increasing demand for fitness equipment for homes.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Type, By Distribution Channel
|
| Regions covered | Spain, United Kingdom, France, Germany, Russia, Italy, Rest of Europe
|
| Companies Covered | Anta Sports Products Limited, BFT Fitness, Decathlon S.A., Dyaco International Inc., Echelon Fitness,Exigo, Ifit Health & Fitness Inc., Johnson Health Tech. Co. Ltd, Life Fitness, Nautilus Inc., Peloton Interactive, Inc., Precor Incorporated, Sprintex Trainingsgeraete GmbH
|
Europe Home Fitness Equipment Market Segmentation:
1. By Product Type:
- Elliptical Machines
- Rowing Machines
- Stationary Cycles
- Strength Training Equipment
- Treadmills
- Other Product types
2. By Distribution Channel:
- Direct Selling
- Offline Retail Stores
- Online Retail Stores
3. By Region:
- Spain
- United Kingdom
- France
- Germany
- Russia
- Italy
- Rest of Europe
Key Topics Covered in the Report:
- Size of Europe Home Fitness Equipment Market (FY’2019-FY’2032)
- Overview of Europe Home Fitness Equipment Market
- Segmentation of Europe Home Fitness Equipment Market By Product Type (Treadmills, Elliptical Machines, Stationary Cycles, Rowing Machines, Strength Training Equipment, Other Product Types)
- Segmentation of Europe Home Fitness Equipment Market By Distribution Channel (Offline Retail Store, Online Retail Store, Direct Selling)
- Statistical Snap of Europe Home Fitness Equipment Market
- Growth Analysis of Europe Home Fitness Equipment Market
- Problems and Challenges in Europe Home Fitness Equipment Market
- Competitive Landscape in the Europe Home Fitness Equipment Market
- Impact of COVID-19 and Demonetization on Europe Home Fitness Equipment Market
- Details on Recent Investment in Europe Home Fitness Equipment Market
- Competitive Analysis of Europe Home Fitness Equipment Market
- Major Players in the Europe Home Fitness Equipment Market
- SWOT Analysis of Europe Home Fitness Equipment Market
- Europe Home Fitness Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Europe Home Fitness Equipment Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Europe Home Fitness Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Home Fitness Equipment Market
7. Europe Home Fitness Equipment Market, By Product Type, 2019-2032 (USD Million)
7.1 Elliptical Machines
7.2 Rowing Machines
7.3 Stationary Cycles
7.4 Strength Training Equipment
7.5 Treadmills
7.6 Other Product types
8. Europe Home Fitness Equipment Market, By Distribution Channel, 2019-2032 (USD Million)
8.1 Direct Selling
8.2 Offline Retail Stores
8.3 Online Retail Stores
9. Europe Home Fitness Equipment Market, By Region, 2019-2032 (USD Million)
9.1 Europe Home Fitness Equipment Market Size and Market Share by Region (2019-2025)
9.2 Europe Home Fitness Equipment Market Size and Market Share by Region (2026-2032)
9.3 Spain
9.4 United Kingdom
9.5 France
9.6 Germany
9.7 Russia
9.8 Italy
9.9 Rest of Europe
10. Company Profiles
10.1 Anta Sports Products Limited
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 BFT Fitness
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Decathalon S.A.
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Dyaco International Inc.
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Echelon Fitness
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 Exigo
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.7 Ifit Health & Fitness Inc.
10.7.1 Company details
10.7.2 Financial outlook
10.7.3 Product summary
10.7.4 Recent developments
10.8 Johnson Health Tech. Co. Ltd
10.8.1 Company details
10.8.2 Financial outlook
10.8.3 Product summary
10.8.4 Recent developments
10.9 Life Fitness
10.9.1 Company details
10.9.2 Financial outlook
10.9.3 Product summary
10.9.4 Recent developments
10.10 Nautilus Inc.
10.10.1 Company details
10.10.2 Financial outlook
10.10.3 Product summary
10.10.4 Recent developments
10.11 Peloton Interactive, Inc.
10.11.1 Company Details
10.11.2 Financial outlook
10.11.3 Product summary
10.11.4 Rcent Developments
10.12 Precor Incorporated
10.12.1 Company details
10.12.2 Financial outlook
10.12.3 Product summary
10.12.4 Recent developments
10.13 Sprintex Trainingsgeraete GmbH
10.13.1 Company details
10.13.2 Financial outlook
10.13.3 Product summary
10.13.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
