Europe is the second biggest market in the fitness equipment category which has been majorly driven by the higher member penetration in health & fitness clubs. It was found that the region has more than 60 billion memberships from around 61 thousand health & fitness clubs. European countries have the trend of larger gyms and lower prices have attracted several consumers. This has led to increased procurement of quality & premium fitness equipment posed as a major factor market’s growth. Moreover, the emergence of the equipment manufacturing companies like Core Health & Fitness, Johnson Health Tech, Exigo, Torque fitness LLC, etc. as a leading B2B manufacturing company. Health and fitness clubs the major revenue generator have been very attractive for the investors. The report titled “Europe Fitness Equipment Market, By Value, By Segment (Cardiovascular Equipment, Strength Equipment), By Equipment Type (Treadmill, Stationary Bike, Elliptical Trainer, Rowing Machine, Dumbbells, Weight Plates, Hydraulic Machines, Resistance Band & Tubes), By End User (Commercial & Residential), (Trends & Forecast), Outlook, 2025” provides an all-round analysis of Europe’s fitness equipment market with the historical and forecasted performance of its segments.
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European fitness equipment market has been driven by the revenue generated from the top five economies namely Germany, United Kingdom, France, Italy, and Spain. Out of which the United Kingdom, Germany & France are the major revenue generator which combines generated around 48% of the revenue for the year 2019. Other than this Spain, Italy & the rest of Europe have been the developing nation in the region’s fitness equipment market. Most of the countries in the European nation have been engaged in sports and outdoor fitness which have given rise to the trend of functional, free weight, resistance, cross-fit, etc. forms of cardio plus strength endurance training. Cardiovascular fitness routines are a highly preferred form of training practice in Europe weather in gyms or at home. Attraction towards aerobic exercises along with the growing concern related to obesity has let the consumers move towards cardiovascular fitness. The revenue growth rate of the segment in the European market was observed to over 3.5% for the historical period until the year 2019. However, the strength training has observed attraction from the consumers with the involvement of innovative forms of training like cross fit, body weight.
From the top-performing market of Europe, Spain has recorded the fastest growth as the market in the country has been emerging with innovations. Some of the innovations in its business model include specialist clubs or boutiques: small facilities where members pay per visit. The market has been uplifted with the emergence of key domestic low-cost chains such as Altafit, VivaGym, Salter, Yorksfitness, Bodytone, etc. as well as with the leading international operator’s Anytime Fitness, Mcfit Global Group, and Basic-Fit. Such emerging facilities and influx of companies in the market will let the fitness equipment market growth of Spain to grow with a CAGR of around 5% till the year 2025.
Major companies
ICON Health & Fitness INC, Johnson Health Tech Co Ltd, Technogym S.P.A, Amer Sports Corporation, Nautilus INC, Cybex International INC, Torque fitness LLC, Tunturi New Fitness B.V, Exigo, Body Solid Europe
Considered in the report
• Geography: Europe
• Base year: 2019
• Historical year: 2014
• Estimated year: 2020
• Forecasted year: 2025
Aspects covered in the report
• Global fitness equipment market outlook
• Europe fitness equipment market outlook
• Europe cardiovascular fitness equipment market outlook
• Europe strength fitness equipment market outlook
• United Kingdom fitness equipment market outlook
• Germany fitness equipment market outlook
• France fitness equipment market outlook
• Italy fitness equipment market outlook
• Spain fitness equipment market outlook
• Rest of Europe fitness equipment market outlook
• Policy & regulations
• Porters five force model
• Company profile of top players
• Strategic recommendation
Segments covered in the market
• Cardiovascular fitness equipment
• Treadmill
• Stationary bike
• Elliptical trainer
• Rowing machine
• Cross Country ski
• Stair stepper
• Strength fitness equipment
• Dumbbells
• Weight plates
• Hydraulic equipment
• Resistance band & tubes
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the fitness equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, fitness, cardio, strength, equipment, treadmill, cross country ski, stationary bike, stair, stepper, rowing, elliptical, trainer, dumbbells, hydraulic, free weights, resistance, training, Europe.
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Table of contents
1. Executive Summery
2. Report Methodology
3. Global Fitness Equipment Market Outlook
3.1. Market Size By Value
3.1.1. Overall Market
3.1.2. North America Fitness Equipment Market
3.1.3. Europe Fitness Equipment Market
3.1.4. Asia-Pacific Fitness Equipment Market
3.1.5. Latin-America Fitness Equipment Market
3.1.6. Middle-East & Africa Fitness Equipment Market
3.2. Market Share
3.2.1. By Company
3.2.2. By Region
3.2.3. By Country
3.2.4. By End User
3.3. Global Cardiovascular Equipment Market Outlook
3.3.1. Market Size By Value
3.3.2. Market Share
3.3.2.1. By Region
3.3.2.2. By Type
3.4. Global Srength Equipment Market Outlook
3.4.1. Market Size By Value
3.4.2. Market Share
3.4.2.1. By Region
3.4.2.2. By Type
4. Europe Fitness Equipment Market Outlook
4.1. Market Size by Value
4.1.1. Overall Market
4.1.2. Cardiovascular Equipment Market
4.1.3. Strength Equipment Market
4.2. Market Share
4.2.1. By Country
4.2.2. By End User
4.2.3. By Cardiovascular Equipment Type
4.2.4. By Strength Equipment Type
4.3. United Kingdom Fitness Equipment Market Outlook
4.3.1. Market Size By Value
4.3.2. Market Share
4.3.2.1. By Cardiovascular Equipment
4.3.2.2. By Strength Equipment
4.4. Germany Fitness Equipment Market Outlook
4.4.1. Market Size By Value
4.4.2. Market Share
4.4.2.1. By Cardiovascular Equipment
4.4.2.2. By Strength Equipment
4.5. France Fitness Equipment Market Outlook
4.5.1. Market Size By Value
4.5.2. Market Share
4.5.2.1. By Cardiovascular Equipment
4.5.2.2. By Strength Equipment
4.6. Italy Fitness Equipment Market Outlook
4.6.1. Market Size By Value
4.6.2. Market Share
4.6.2.1. By Cardiovascular Equipment
4.6.2.2. By Strength Equipment
4.7. Spain Fitness Equipment Market Outlook
4.7.1. Market Size By Value
4.7.2. Market Share
4.7.2.1. By Cardiovascular Equipment
4.7.2.2. By Strength Equipment
4.8. Rest Of Europe Fitness Equipment Market Outlook
4.8.1. Market Size By Value
4.8.2. Market Share
4.8.2.1. By Cardiovascular Equipment
4.8.2.2. By Strength Equipment
5. Policy & Regulatory
6. Global Fitness Equipment Market Dynamics
6.1. Key Drivers
6.2. Key Challenges
7. Market Trends & Development
7.1. Technological development in fitness industry
7.2. Launching of online fitness market place
7.3. Adapting functional training as growing fitness trend
7.4. At home workout is a new trend to follow
8. Competitive Landscape
8.1. Porters Five Force Model
8.2. Company Profile
8.2.1. Icon Health & Fitness Inc
8.2.2. Johnson Health Tech Co. Ltd
8.2.3. Technogym S.P.A
8.2.4. Amer Sports Corporation
8.2.5. Nautilus INC
8.2.6. Cybex International INC
8.2.7. Torque Fitness
8.2.8. Tuntari New Fitness B.V
8.2.9. Exigo
8.2.10. Body Solid Europe
9. Strategic Recomendation
10. Disclaimer
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