Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global E-Commerce Home Fitness Products Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international E-Commerce
Home Fitness Products Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global E-Commerce Home Fitness Products Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global E-Commerce
Home Fitness Products Market is offered. In
accordance with the report, the global E-Commerce Home Fitness Products
Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
E-Commerce
Home Fitness Products are fitness equipment that can be operated by the users
in their household without any help. Such fitness apparatus is incorporated in
the day-to-day physical activities to improve overall health and fitness of the
human body. Such fitness equipment is purchased from online stores and hence
the name E-commerce home fitness products.
Market Drivers
The
primary drive for e-commerce home fitness products is coming from the
health-conscious attitudes of the population. Such products are used to develop
muscular strength and improving stamina of the body. The rising cases of
obesity coupled with the need to control weight to do away with the negative
impacts of large weight is a determining factor. The youth population is fitness-freak
not only because of maintaining a healthy body but also to enhance outlook
which is driving this market.
The
prevalence of chronic diseases and spurring proportion of the population
suffering from these diseases are fueling the demand for these products.
Physical exercise and mobility are an essential part of the medication of some
of the currently prevailing chronic diseases which is boosting the growth of
the e-commerce home fitness products market.
The
Covid-19 epidemic has accelerated the growth of this market. As a result of
global lockdown and social distancing, fitness freaks have to keep up with
physical activities at home in the closure of gyms. This has positively
affected the demand for fitness products from e-commerce platforms. Further, this
pandemic situation led to the realization that health is the ultimate wealth
among the population who have now become more health-conscious. These factors
have positively affected this market.
The
interconnection between the economic factors including increasing purchasing
power of the population, rapid pace of urbanization and the transitioning of
lifestyle patterns are indirectly bolstering the growth of the e-commerce home
fitness products market.
Market Restraints
However,
these products are costly and occupy a lot of floor space. With the reducing
size of apartments, the demand for e-commerce home fitness products is
negatively affected.
The
problem of forging and refurbishing e-commerce home fitness products is
hindering the growth prospects of this market.
The
growing deployment of second-hand fitness apparatus is disrupting the growth of
the e-commerce home fitness products market.
Opportunities
The
rising health awareness among the population and the incorporation of exercise
as a part and parcel of treatment for chronic diseases is expected to provide a
good scope ahead to this market.
The
expansion of e-commerce platforms and their selling techniques complementary to
the implementation of technological advancement in the apparatus is likely to open
up avenues for the e-commerce home fitness products market.
Trends
At
present the Europe market dominates this market and is expected to continue its
domination in the forecast period. Such growth is attributable to the presence
of highly health-conscious consumers in this region and the location of
significant population suffering from chronic diseases and the rapidly growing
population. Globally, the e-commerce home fitness products market is projected
to grow at a CAGR of 5.9% in the Europe region in the forecast period. The
cardiovascular equipment segment is projected to showcase significant growth in
the forecast period owing to the presence of a significant obese population.
Segment Covered:
This market
intelligence report on the global E-Commerce Home Fitness Products Market encompasses market segments based on equipment type and country.
By Equipment Type the global E-Commerce Home Fitness
Products Market has been divided into:
q Cardiovascular
Training Equipment
o Treadmills
o Stationary
Cycles
o Elliptical
o Others
q Strength
Training Equipment
o Free
Weights
o Others
q Other
Equipment
By country/region, the global E-Commerce Home Fitness
Products Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Horizon
Fitness
q Johnson
Fitness
q Escape
Ltd
q Hansson
International GmbH
q Mst
GmbH, Ise GmbH
q Sport Tiedje
q Bad Company
q Do Yoursports
q Sporttec
q Jordon Leisure Systems Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as E-Commerce Home Fitness Products Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in each
of the geographical segments gives an insight into market share of the global
players.
Few Recent Developments
Horizon Fitness
On 28 January
2021, Rain The Growth Agency partnered with Horizon Fitness and expanded the
formers marketing skills and efforts with better media campaign and new TV
creative.
Johnson Fitness
In September
2017, Johnson Fitness made the announcement of rebranding 100 retail stores
located in US with the name Johnson Fitness and Wellness.
Escape Ltd
In March 2017,
Escape Your Limits Application was launched by Escape Ltd with the aim of
inspiring users to undertake functional fitness training at anyplace and
anytime.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the E-Commerce
Home Fitness Products Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market intelligence
report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world E-Commerce Home Fitness Products Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of this
report would allow management authorities and marketers of companies alike to take
informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for E-Commerce Home Fitness Products caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for E-Commerce
Home Fitness Products Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the E-Commerce Home Fitness Products Market
v
Identification
of key factors driving investment opportunities in the E-Commerce
Home Fitness Products Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants