Europe Fitness Equipment Market is Growing with a CAGR of 6.2% in the Forecast Period of 2021 to 2028

Europe Fitness Equipment Market is growing with factors such as rise in prevalence of obesity and chronic diseases among population. Increase in health consciousness among population also acts as a major factor for the growth of the market. Increase in government initiatives to promote healthy lifestyle have also given a boom to the Europe fitness equipment market.

Technological advancements in workout equipment have also propelled the demand of the market. However, high set up cost of devices or equipment and growing demand of refurbished fitness equipment has decreased the demand of the market.

Europe Fitness Equipment Market Scenario                             

According to Data Bridge Market Research, in the market for Europe fitness equipment the highest market share is in Germany followed by France and U.K. Market leader is Life Fitness. (A subsidiary of Brunswick Corporation), which accounts an estimated market share of approximately 14.36%. The company has gained outstanding sale by providing novel fitness equipment embedded with advanced technologies.

  • In September 2020, Life Fitness launched its new Axiom Series that consist of products such as single-exercise, dual-exercise selected machines, racks, dual adjustable pulley and benches. This series features an ultra-modern design with enhanced biomechanics for an extra effective work out regime. The company intends to improve its product portfolio and competition with this new series.

Europe Fitness Equipment Market

Trends Impacting the Market

Now the question is which other countries Life Fitness. (A subsidiary of Brunswick Corporation), TECHNOGYM GERMANY GmbH, and BH Fitness are targeting? Data Bridge Market Research has forecasted a large growth in Germany in Europe fitness equipment market and the market leaders are targeting Italy and Spain to be their next pocket revenue for 2021.

The fitness equipment market is becoming more competitive with companies like Life Fitness. (A subsidiary of Brunswick Corporation), TECHNOGYM GERMANY GmbH, and BH Fitness. These are the top dominating companies in fitness equipment market and have launched novel software, services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Europe fitness equipment market.

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Europe Fitness Equipment Market Developments 2021

  • In February 2021, Thermo Fisher Scientific Inc. had acquired the Mesa Biotech. Mesa Biotech has developed the PCR-based testing platform for infectious disease diagnosis. This system provides with efficient result in less span of time. The product launched depended carries out the fitness equipment in order to confirm the nucleic acid molecule of pathogenic organism. This acquisition thus allowed Thermo Fisher Scientific Inc. bolster its existing product portfolio and to expand its root in fitness equipment market.

Scope of the Europe Fitness Equipment Market

All country based analysis of the Europe fitness equipment market is further analysed based on maximum granularity into further segmentation. On the basis of product type, the Europe fitness equipment market is segmented into strength training equipment, cardiovascular training equipment, body composition analyzers, fitness monitoring equipment and others. On the basis of application, the Europe fitness equipment market is segmented into weight loss, body building, physical fitness, mental fitness and others. On the basis of gender, fitness equipment market is segmented into male and female. On the basis of buyer type, the Europe fitness equipment market is segmented into individual, institution and others. On the basis of usage, the Europe fitness equipment market is segmented into residential and commercial. On the basis of type, the Europe fitness equipment market is segmented into outdoor and indoor. On the basis of end user, the Europe fitness equipment market is segmented into health clubs/gyms, home consumers, hotels, corporates, hospitals & medical centers, public institutions and others. On the basis of distribution channel, the Europe fitness equipment market is segmented into retail stores, specialty & sports shops, department & discount stores, online and others.

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Key Pointers Covered in Europe Fitness Equipment Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Fitness equipment market
  • Company profiling of top eight players of Fitness equipment market

Key Market Competitors Covered in the Report

  • v Life Fitness (a subsidiary of Brunswick Corporation)
  • TECHNOGYM GERMANY GmbH
  • BH Fitness
  • Body-Solid Inc.
  • Gymleco
  • Panatta srl
  • Lifemaxx B.V.
  • Gymkit UK.
  • TYTAX INTERNATIONAL LLC
  • Exigo
  • Mighty Fitness
  • Helisports International B.V.
  • DHZ Fitness Europe GmbH
  • Gymequip.eu
  • Indigo Fitness
  • Jordan Fitness
  • Sport-Tiedje GmbH
  • Stexfitness Europe

Above are the key players covered in the report, to know about more and exhaustive list of Europe fitness equipment companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=europe-fitness-equipment-market

Research Methodology: Europe Fitness Equipment Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Geneticists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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