Germany Fitness Services Market Outlook to 2027F
driven by increase in health & fitness consciousness & innovation in fitness industry
February 2023
70
About the Report
About the Report
The report provides a comprehensive analysis of the potential of Germany Fitness Services Market. The report covers an overview and genesis of the industry, market size in terms of product demand.
Its market segment includes by type of market structure(organized & unorganized), by Revenue Stream(membership, personal trainer, supplementary services), by subscription( 3 months, 6 months, 1 year, others),by Region (Northern region, southern region, eastern region, central region). ). The report includes Porter’s five force analysis, growth enablers, recent trends & developments, pain points & solutions. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview
According to Ken Research estimates, the Germany Fitness Services Market which grew at a CAGR of ~% from 2017-2022 & is forecasted to grow at a CAGR of ~% from 2023-2027F driven by increase in health & fitness consciousness.
- 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.
Key Trends by Market Segment
By Market Structure: Unorganized segment is taking over the organized one & is expected to grow more in the upcoming years.
Competitive Landscape
The Germany Fitness Services market is fragmented with players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Germany Fitness Services market for its products, services, and continuous product developments are 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 among others.
Future Outlook
The Germany Fitness Services Market witnessed significant growth during the period 2017-2021, owing to increase in fitness trends, Enhancing Service Offerings.
Growth rate of the market is going to increase over the period as market penetration rates increase.
Scope Of The Report
Scope of the Report
|
By Type of Market Structure |
Organized Unorganized |
|
By Type of 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 |
Products
Products
Key Target Audience:
- Fitness Equipment Manufacturers
- Fitness Equipment Distributors
- Fitness Centres
- Government Organizations
Time Period Captured in the Report:
- Historical Period: FY’17- FY’22P
- Base Year: FY’22P
- Forecast Period: 2023-2027F
Companies
Companies Covered:
- Basic Fit
- Keep Cool
- EGym
- Fastic
- 8fit
- Teleclinic
- Foodspring
- Clue
Table of Contents
Table of Contents
1. Executive Summary
2. Germany Fitness Services Market Overview
2.1 Taxonomy of the Germany Fitness Services Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for Germany Fitness Services Market
2.5 Growth Drivers of Germany Fitness Services Market
2.6 Issues and Challenges of Germany Fitness Services Market
2.7 Impact of COVID-19 on Germany Fitness Services Market
2.8 PESTLE/SWOT Analysis
3. Germany Fitness Services Market Size, 2017 – 2022
4. Germany Fitness Services Market Segmentation
4.1 By Subscription Type, 2017 - 2022
4.2 By Service Type, 2017 - 2022
4.3 By Regional Split (North/East/West/South), 2017 - 2022
5. Competitive Landscape
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 5 - 7 Major Players)
5.3.1 Keep Cool
5.3.2 EGym
5.3.3 Fastic
5.3.4 8Fit
5.3.5 Teleclinic
5.3.6 Foodspring
5.3.7 Basic Fit
6. Germany Fitness Services Future Market Size, 2022 – 2027
7. Germany Fitness Services Future Market Segmentation
7.1 By Subscription Type, 2022 - 2027
7.2 By Service Type, 2022 - 2027
7.3 By Regional Split (North/East/West/South), 2022 - 2027
8. Analyst Recommendations
9. Research Methodology
10. Disclaimer
11. Contact Us
Research Methodology
Research Methodology
Step 1: Identifying Key Variables:
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step 2: Market Building:
Collating statistics on used car and new car over the years, penetration of car finance and down payment ratio to compute overall credit disbursed for cars. We will also review central bank statistics to understand credit disbursed and outstanding amount which can ensure accuracy behind the datapoint shared.
Step 3: Validating and Finalizing:
Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step 4: Research output:
Our team will approach multiple finance providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from car finance providers.
Frequently Asked Questions
Frequently Asked Questions
01 What are the Key Factors Driving the Germany Fitness Services Market?
Fitness trends & rising levels of obesity levels are some of the major growth drivers of Germany Fitness Services Market.
02 Who are the Key Players in the Germany Fitness Services Market?
8fit, teleclinic, Basic Fit, Clue are some of the key players in the Germany Fitness Services market.
03 How big is Germany Fitness Services Market?
Germany fitness service market is valued at €5 bn in 2023.
04 What is the growth driving factor of the Germany fitness service market?
Increase in number of clubs all over the country, increase in members is the growth driving factor of the Germany Fitness Services Market.
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.