Europe e-commerce home fitness products
Any device or item required for physical activity to control overall weight, improve physical endurance, and develop muscle strength is called fitness equipment. Due to increased health awareness, the demand for exercise equipment has risen across Europe. Physical activity is also recommended during multiple medical treatments. Treadmills, cross trainers, exercise bikes as well as strength and weight training equipment are among the most frequently used training equipment.
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The global market size for e-commerce home fitness products in Europe is projected to grow by a CAGR of 5.95% between 2021 and 2027
Overall growth in the global Europe e-commerce home fitness products industry is expected to be moderately affected by the COVID-19 pandemic. Due to market shifts and economic uncertainties in many parts of the world, private investment in technology development is expected to decline in 2020. The industry continues to place great emphasis on the resilience and reliability of networks. Case studies, upstream and downstream value chain studies, technical trends, and Porter’s Five Forces Analysis are just a few of the data sources used to estimate market scenarios for individual countries. Providing forecast analysis of national data takes into account the presence and availability of global brands, as well as the challenges they face due to strong or little competition from local and domestic brands, the influence of domestic tariffs and trade routes.
Key Players in the European Ecommerce Home Fitness Products Market:
Johnson Fitness, Sport Tiedje, Hammer Sports, Sport Thieme, Horizon Fitness, Sporttec, Bad Company, Do Yoursports and others.
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North America and Europe dominated the European e-commerce market for home fitness products due to the region’s developing technological achievements in the industry. Due to the growing senior population and the presence of major economies such as China and Japan, the Asia-Pacific region is expected to grow the fastest from 2021 to 2027. These factors in turn will drive the global home fitness product e-commerce market in Europe during the forecast period.
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This press release was published on openPR.