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The gymnastic equipment market has the potential to grow by USD 1.72 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 17.31%.
This gymnastic equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online) and geography (North America, APAC, Europe, MEA, and South America). The gymnastic equipment market report also offers information on several market vendors, including ABEO SA, AK Athletic Equipment Inc., ANTA Sports Products Ltd., Bänfer GmbH, Continental Sports Ltd., Kübler Sport GmbH, Life fitness, Nautilus Inc., Norberts Athletic Products Inc., and TECHNOGYM Spa among others.
Browse TOC and LoE with selected illustrations and example pages of Gymnastic Equipment Market
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased awareness about a healthy lifestyle is notably driving the gymnastic equipment market growth, although factors such as the availability of counterfeit products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the gymnastic equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This gymnastic equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the gymnastic equipment market encompasses successful business strategies deployed by the key vendors. The gymnastic equipment market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The gymnastic equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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50% of the market's growth will originate from Europe during the forecast period. Russian Federation, Romania, and Switzerland are the key markets for gymnastic equipment in Europe. However, the market growth rate in Europe will be slower than the growth of the market in other regions.
The growing number of fitness facilities will facilitate the gymnastic equipment market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The gymnastic equipment market share growth by the offline segment will be significant during the forecast period. The offline distribution channel is comprised of DTC, modern trade, and VAR. Factors such as business expansion and the rising number of hypermarkets, supermarkets, and departmental stores of major retailers add to the sales growth of these retail formats and significantly contribute to the growth of the gymnastic equipment market.
This report provides an accurate prediction of the contribution of all the segments to the growth of the gymnastic equipment market size and actionable market insights on post COVID-19 impact on each segment.
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Gymnastic Equipment Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 17.31% |
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Market growth 2021-2025 |
$ 1.72 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
11.44 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
Europe at 50% |
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Key consumer countries |
Russian Federation, US, Romania, Switzerland, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABEO SA, AK Athletic Equipment Inc., ANTA Sports Products Ltd., Bänfer GmbH, Continental Sports Ltd., Kübler Sport GmbH, Life fitness, Nautilus Inc., Norberts Athletic Products Inc., and TECHNOGYM Spa |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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