The European home gym equipment market is anticipated to record a CAGR of 2.7% during the forecast period. Increasing preference for personalized exercise routines along with a convenient home-friendly environment is expected to drive the market in the region. In addition, the region presents various opportunities owing to the increase in consumer shifts toward home gyms. Hence, international and domestic manufacturers are anticipated to extend their reach in European countries. Moreover, key players are continually launching new gym equipment to maintain their competitiveness and attempting to distinguish their brand, quality, size, weight, and post-sales services. However, the market is expected to decline after 2021, as many gyms and health facilities will open up. Consumers are expected to shift toward gym training once again in the region.
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The European home gym equipment market is segmented based on product type, and distribution channel. Based on product type, the home gym equipment market is fragmented into cardio equipment, which is further sub-segmented into ellipticals, treadmills, exercise bikes, and others; and strength training equipment, which is further sub-segmented into free weights, barbells & ladders, extensions, and others. Based on the distribution channel, the market is classified into online and offline.
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The market study of the European home gym equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
European Home Gym Equipment Market – Segmentation
by Product Type
Strength Training Equipment
Barbells & Ladders
by Distribution Channel
European Home Gym Equipment Market – Segmentation by Region
Rest of Europe
Amer Sports Corp.
Anytime Leisure, Ltd.
Core Health & Fitness, LLC.
Origin Fitness, Ltd.
Tunturi New FitnessB.V.
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