Europe Home Fitness Equipment Market Size - By Product Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
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 MarketThe 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, 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:
By Product Type: Based on the Product Type, Europe Home Fitness Equipment Market is segmented as; Elliptical Machines, Rowing Machines, Stationary Cycles, Strength Training Equipment, Treadmills, Other Product Types.
By Distribution Channel: Based on the Distribution Channel, Europe Home Fitness Equipment Market is segmented as; Direct Selling, Offline Retail Stores, Online Retail Stores.
By Region: This report also provide the data for key regional segments of Europe; Spain, United Kingdom, France, Germany, Russia, Italy, Rest of Europe.