Germany Fitness Equipment Market, By Equipment (Cardiovascular, Strength Training, Others), Distribution Channel (Direct, Indirect), End Use (Home Care, Health Club, Offices, Others), Industry Trends and Forecast to 2029
Market Analysis and Insights of Fitness Equipment Market
Fitness equipment market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.80% in the above-mentioned forecast period.
Fitness equipment basically refers to the equipment that are generally utilized during any physical or fitness related activities. They help in enhancing the strength or for improving the physical fitness. Generally, the fitness equipment includes various equipment such as free weights, rowing machines, treadmills, weight machines, stationary bikes, elliptical cross tanner and stair stepper among others.
The factors such as surging urbanization, rising prevalence of population with obesity and chronic diseases due to unhealthy lifestyle along with increasing corporate wellness programs and cross industry demand are the primary factors responsible for driving the growth of the fitness equipment market. Additionally, the growing awareness about consequences of increasing obesity, increasing geriatric population coupled with growing demand for minimally-invasive and non-invasive surgeries also heighten the overall growth of the market. On the other hand, high set up or installation cost of devices or equipment and rising demand for resale of used fitness equipment for saving cost are estimated to obstruct the market’s growth within the above mentioned forecast period.
Furthermore, the various innovations and technological advancement by various manufacturers such as in the field of scientific research on human body for innovating better fitness equipment are expected to generate profitable opportunities for the market. On the other hand, the adoption of other exercise regimes and shifting customer preference pose as challenge for the market’s growth.
This fitness equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research fitness equipment market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Germany Fitness Equipment Market Scope and Market Size
Fitness equipment market is segmented on the basis of equipment, distribution channel and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of equipment, fitness equipment market is segmented into cardiovascular, strength training, and others. Cardiovascular is further segmented into elliptical machines, treadmills, exercise bikes, climbers, and others. Strength training is sub segmented into weight lifting equipment, weights, barbells and ladders, extension machines, power racks and others. The others are sub-segmented into activity monitors and body analyzers.
- On the basis of distribution channel, fitness equipment market is segmented into direct and indirect. The indirect distribution channel is further sub-segmented into hypermarkets/supermarkets, specialty stores/sports chain outlets, multi-brand stores, discount stores, independent departmental stores, sports stores and online retailers.
- On the basis of end use, the fitness equipment market is segmented into home care, health club, offices and others.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Fitness equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for fitness equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fitness equipment market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Fitness Equipment Market Share Analysis
Fitness equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Germany presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fitness equipment market.
Some of the major players operating in the fitness equipment market report are TECHNOGYM S.p.A, Core Health & Fitness, LLC., Seca, Brunswick Corporation, ICON Health & Fitness, Nautilus, Inc., Omron Healthcare, Inc., Cybex International, Inc., Life Fitness, Precor Incorporated, Schnell Trainigsgerate GmbH, Johnson Health Tech, TRUE, Impulse (Qingdao) Health Technology Co., Ltd.., Amer Sports, GENERAL ELECTRIC, HOIST Fitness Systems, JERAI FITNESS PVT LTD., Kettler, Torquo Fitness, Tunturi New Fitness, COSMED srl, and Tanita Corporation of America, Inc., among others.
Customization Available : Germany Fitness Equipment Market
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