Europe Turbo Trainers Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Regular Trainers and Smart Trainers) and Distribution Channel (Specialty Stores, Online Retail, and Others)

Europe Turbo Trainers Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Regular Trainers and Smart Trainers) and Distribution Channel (Specialty Stores, Online Retail, and Others)

The Europe turbo trainers market is expected to grow from US$ 80.38 million in 2022 to US$ 104.10 million by 2028. It is estimated to grow at a CAGR of 4.4% from 2022 to 2028.

Rapidly Flourishing Fitness Industry

In the last couple of years, people across the region have become more aware of the importance associated with living a healthy lifestyle. The growing prevalence of sedentary lifestyles amongst a vast population is affecting their physical and mental health. This factor is encouraging them to opt for physical activities and workouts to stay fit. Thus, fitness has become a prominent trend among millions, leading to a rapid increase in the size of the fitness industry. Irrespective of the adverse effects induced by the COVID-19 pandemic on the fitness industry, there has been a notable increase in the number of home gyms and fitness enthusiasts in the last two years. Moreover, with the shift in fitness trends from gyms to outdoors, home fitness, and digital options, the fitness industry continues to evolve further. All these factors are boosting the turbo trainers market growth. The increasing prevalence of obesity, heart diseases, hypertension, high cholesterol, cancer, etc., further favors the growth of the fitness industry, as fitness is perceived as one of the key precautionary ways of avoiding these health issues. Home workouts eradicated the inconvenience faced by people in commuting to gyms amid the social restrictions imposed by governments in response to the COVID-19 pandemic; moreover, these workout habits prove extremely cost-effective in the long run. Turbo trainers allow cyclist and fitness enthusiasts to have an effective work out session in harsh weather conditions such as heavy rains or cold winters. Moreover, hectic schedules and long working hours, crowded fitness centers, and issues regarding vehicle parking are among other factors driving people away from gyms, compelling them to opt for home workouts, thereby contributing to the growth of the turbo trainers market across the region.

Market Overview

According to Eurostat, in Europe, more than 53% of adults are overweight, 36% of adults are pre-obese, and 17% of the adult population is obese. The prevalence of obesity across the region is driving the turbo trainers market. Moreover, the increased participation of people in physical endurance and activities is proliferating the market. An increasing participation in physical recreational activities including cycling, coupled with a rising number of cyclists, and cycling events, is expected to propel the demand for turbo trainers as it helps to improve the pedaling techniques. Numerous European countries, including Spain, France, and Italy, had enforced restrictions on visiting public spaces during the COVID-19 pandemic; this compelled more cyclists to opt for indoor cycling, boosting the market growth. Moreover, the increasing influence of celebrity endorsement is contributing to the rise in demand for turbo trainers across the region. The rising fitness awareness is leading to a surge in home gym culture. The number of home gyms and residential fitness stations has doubled over the years owing to the proliferating fitness industry in Europe. Therefore, the growing number of gym and fitness club members is restricting the turbo trainers market growth across the region. Further, several people are opting for fitness equipment suitable for home settings as it enables them to exercise at their own pace and convenience. Turbo trainer is a compact, indoor home cycling equipment that can be stored in the basement, garage, or spare room, allowing people to exercise from anywhere in the house. Moreover, the presence of prominent companies such as Elite, Garmin, Wahoo, etc. is also contributing to the market growth.

Europe Turbo Trainers Market Revenue and Forecast to 2028 (US$ Million)

Europe Turbo Trainers Market Segmentation

The Europe turbo trainers market is segmented based on product type, distribution channel, and country.

Based on product type, the Europe turbo trainers market is bifurcated into regular trainers and smart trainers. The smart trainers segment held a larger market share in 2022. Based on distribution channel, the Europe turbo trainers market is segmented into specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2022. Based on country, the Europe turbo trainers market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe dominated the market share in 2022. Elite; Garmin Ltd.; Jetblack Cycling; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; and Wattbike Ltd. are the leading companies operating in the Europe turbo trainers market.

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Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.