The Europe Gym Accessories Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
As more people engage in exercise activities at home, they are saving time as well as money by forgoing the inconvenience of traveling to a gym, utilizing gym equipment, paying a trainer, etc. As a result of people having more individualized and comfortable schedules with the freedom of solitude, gym accessories are expanding. The demand for high-performance workout equipment would rise as people become more aware of how obesity can lead to conditions like high blood pressure, heart attacks, and diabetes.
With more health clubs & fitness centers adding cutting-edge equipment to meet shifting customer needs and health trends, the market is positioned to experience significant growth. The expansion of government activities aimed at raising public knowledge of health issues is another factor. These programs strive to protect and promote health by offering advice at the local, national, and international levels on how to lower disease and death rates linked to poor diet and inactivity, which in turn increases consumer interest in fitness activities.
The fastest technique for economic growth is urbanization. Additionally, in the region’s competitive world, people desire a luxury and comfortable lifestyle, but often disregard the value of fitness and the problems that can result from it. As a result, it has caused people in the countries such as the UK, and Germany to acquire health issues like blood pressure fluctuations, obesity, and osteoporosis, among others. The gym accessories market in Europe is expanding as a result of people's increasing knowledge of the issues. In addition, a lot of sports-related activities increasingly emphasize HEPA (Health-enhancing physical activity) across industries in order to encourage physical activity & health, both of which contribute to growth.
The Germany market dominated the Europe Gym Accessories Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $558.6 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Type, the market is segmented into Belts, Ab Straps, Wrist Wraps, Exercise Balls, Heart Rate Monitor, Blood Pressure Monitor, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Sales Channels, and Brand outlets. Based on End User, the market is segmented into Health Club/Gym, Corporate Office, Hotel, Apartment, Home, and Public Institution, Hospitals & Medical Center. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Gym Accessories Market will Hit $8.6 Billion by 2028, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ANTA Sports Products Limited, Core Health & Fitness, LLC, Life Fitness, Coulter Ventures, LLC (Rogue Fitness), Eleiko Group AB, Concept2, Inc., iFIT Inc., JERAI Fitness Pvt Ltd., Hammer Sport AG, and Body Solid Incorporated.
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By Distribution Channel
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