Germany Fitness Services Market Ecosystem
The Germany Fitness Services market is moderately fragmented with major players occupying almost half of the market. The key players operating in the market are competing on the basis of quality of product, product cost & estimated revenue. The major companies dominating the Germany Fitness Services market for its products, services, and continuous product developments are Basic Fit, McFit Global Group, Keep Cool, Outdoor nation, Clue and Egym among others.
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- Focus on growing health and fitness consciousness, increasing obesity and lifestyle are major factor contributing towards development of Fitness Service Services in Germany.
- Market Growth is driven by increase in number of clubs all over the country, driving a total increase in members.
Healthy Trends: After the extensive blow to the industry during the pandemic, Germans are slowly starting to return to gyms and other indoor facilities. Overall, exercise participation & frequency still remains below pre-pandemic levels while rising financial concerns make the cheaper and easily accessible home and outdoor workouts more attractive. Moreover, many estimates show that in response to inflation and the energy crisis, exercising goods and services are becoming more expensive. Sports goods prices have increased significantly between January 2020 and June 2022. Gym membership fees, however, have increased more moderately due to long-term contracts and the strong position of discounter gyms.
Health Tech: The landing on the fitness market of many structured realities such as the large international chains of gyms is redefining the fundamentals of a sector that for many years has remained flattened on the same model until it inevitably ends up in crisis. Today, many of these companies offer more flexible and modular subscription methods, allowing you to buy packages of admission and lessons that can be consumed over time and, sometimes, even exploited in gyms and in cities other than their own, meeting the new lifestyles and the increasingly widespread trend to travel.
Analysts at Ken Research in their latest publication, “Germany Fitness Services – driven by increase in health consciousness & innovation in health & fitness industry” by Ken Research observed that Germany Fitness Services Market is in a growth phase & is expected to grow at a CAGR of ~% in the upcoming years owing to fitness trends. It is to be noted that the Germany Fitness Services market is fragmented with major global brands occupying almost half of the market with companies competing not only on the basis of flexibility and prices of the membership model, location of the clubs, brand recognition, quality, and the overall variety of the product offering and the training equipment.
Key Segments Covered in the report:
Germany Fitness Service Market
- By Market Structure:
- Organized
- Unorganized
- By Revenue Stream:
- Membership
- Personal Trainer
- Supplementary Services
- By Subscription:
- 3 months
- 6 months
- 1 year
- Others
- By Gender:
- Male
- Female
- By Region:
- Northern Region
- Southern Region
- Western Region
- Eastern Region
- Central Region
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Key Target Audience:
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2023-2027F
Companies Covered:
- Basic Fit
- Keep Cool
- EGym
- Fastic
- 8fit
- Teleclinic
- Foodspring
- Clue
Key Topics Covered in the Report:
- Germany Fitness Service Market Introduction
- Germany Fitness Service Market Size, 2017-2022
- Germany Fitness Service Market Segmentation, 2022
- Growth Driver and Issues in Germany Fitness Service Market
- SWOT Analysis and Trends in Germany Fitness Service Market
- Snapshot of Personal Training in Germany Fitness Service Market, 2022
- Company Profiles of Major Players
- Future Outlook to Germany Fitness Service Market
- Analyst Recommendations
For more insights on the market intelligence, refer to the link below:-
Germany Fitness Services Market
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