Portland, OR, June 24, 2021 (GLOBE NEWSWIRE) — According to the report revealed by Allied Market Research, the Europe e-commerce home fitness products market generated $256.1 million in 2019, and is estimated to garner $447.9 million by 2027, witnessing a CAGR of 5.9% from 2021 to 2027. The report gives an in depth evaluation of adjusting market dynamics, high profitable methods, market dimension & forecasts, key segments, and aggressive panorama.
Increase in health consciousness and well being issues and surge in overweight inhabitants drive the expansion of the Europe e-commerce residence health merchandise market. However, availability of refurbished merchandise together with presence of counterfeit manufacturers hinders the market development. On the opposite hand, introduction of sensible applied sciences current new alternatives within the coming years.
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- During the Covid-19 pandemic, the well being consciousness amongst individuals elevated, which led to the procurement of residence health merchandise. So, the demand within the European nations elevated.
- Furthermore, two in 5 shoppers would avail on-line companies to purchase fitness-related gear for utilization in houses, in accordance with the survey by Allied Market Research.
- Many health product retailers had been closed as a consequence of restrictions imposed by governments throughout the lockdown. This led to appreciable shopper transitioning towards on-line platforms to buy merchandise.
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The report affords detailed segmentation of the Europe e-commerce residence health merchandise market primarily based on gear sort and nation.
Based on gear sort, the cardiovascular coaching gear section held the biggest market share, contributing to greater than two-thirds of the full share in 2019, and is anticipated to proceed its management standing throughout the forecast interval. However, the energy coaching gear section is anticipated to painting the biggest CAGR of seven.1% from 2021 to 2027.
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Based on nation, Germany contributed to the best market share in 2019, accounting for almost one-fourths of the market, and is estimated to take care of its lead place throughout the forecast interval. Moreover, this section is anticipated to manifest the quickest CAGR of 6.9% from 2021 to 2027.
Leading gamers of the Europe e-commerce residence health merchandise market analyzed within the report embody Johnson Fitness, MST GmbH, Hansson International GmbH, Jordan Leisure Systems Ltd., Bad Company, ISE GmbH, Sport Tiedje, Escape Ltd., Sport Thieme, Hammer Sports, Sporttec, Horizon Fitness, and Do Yoursports.
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