Europe Home Fitness Equipment Market Size and Share

Europe Home Fitness Equipment Market (2025 - 2030)
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Europe Home Fitness Equipment Market Analysis by Mordor Intelligence

The Europe home fitness equipment market size in 2026 is estimated at $3.46 billion, growing from 2025 value of $3.31 billion with 2031 projections showing USD 4.35 billion, growing at 4.67% CAGR over 2026-2031. This demand surge signals a lasting lifestyle transformation, not merely a fleeting response to the pandemic. Alarmingly, the World Health Organization reports that 59% of adults in the region are overweight, and 1 in 3 children grapple with obesity[1]Source: World Health Organization, “European Regional Obesity Report 2024,” who.int. Retail giants are taking note. In January 2025, Decathlon unveiled its Compact Run 100 treadmill, Training Rower 900, and Training Bike 900. These space-efficient, mid-priced offerings cater to the 70% of urban Europeans, where floor space is at a premium. Furthermore, smart equipment with AI-driven form correction is paving the way for subscription-based revenues. Following this trend, Technogym's Checkup platform played a pivotal role in boosting their H1 2024 sales by 11.3%, reaching EUR 406.3 million (USD 440 million). The rise of e-commerce and direct-to-consumer logistics not only streamlines the purchasing process but also allows brands to gather valuable usage data, contributing to a notable 5.82% CAGR in online sales. While Germany holds a dominant 27.63% revenue share, attributed to its established wellness culture, Italy outpaces with a 5.19% growth rate, fueled by proactive government wellness initiatives and a younger, more affluent demographic.

Key Report Takeaways

  • By product type, treadmills led with a 33.42% revenue share in 2025, while stationary cycles are forecast to expand at a 4.98% CAGR through 2031.
  • By category, conventional equipment commanded 61.05% of 2025 turnover, yet smart and connected variants are growing fastest at 6.80% CAGR.
  • By end user, male buyers contributed 68.85% of 2025 demand; the female segment is accelerating at a 6.02% CAGR.
  • By distribution, offline retail captured 52.35% of 2025 sales, but online channels are rising at a 5.75% CAGR.
  • By geography, Germany held 27.20% of 2025 revenue, while Italy is projected to post the fastest 5.13% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product Type: Cycles Gain on Treadmills' Dominant Share

Stationary cycles are projected to grow at a 4.98% CAGR from 2026 to 2031, surpassing the broader market's 4.67% growth. Their compact size and affordability attract first-time buyers, particularly in space-constrained urban apartments. Treadmills, contributing 33.42% of 2025's revenue, are popular for walking, jogging, and running. However, their 1.5 to 2.0 square-meter footprint and noise issues limit adoption in multi-family housing. Decathlon's January 2025 launch of the Compact Run 100 treadmill addresses these challenges with a foldable design, though its mass-market focus suggests price competition over advanced features. Rowing machines are gaining popularity for full-body cardio with minimal joint impact, with brands like Hydrow and WaterRower emphasizing natural resistance mechanisms. Elliptical machines, while offering low-impact motion for rehabilitation and older users, face limited market penetration due to their bulkier frames and higher price points.

In Nautilus Inc.'s final pre-bankruptcy quarter, strength training equipment, dumbbells, resistance bands, cable systems, and electromagnetic units like Tonal, which saw a 7.4% sales increase, contrasting with a 28.5% decline in cardio equipment sales. This shift highlights growing consumer interest in functional fitness and muscle preservation. Echelon's October 2024 launch of the Strength Home, priced at USD 2,999.99, targets this trend with a compact design and digital resistance range of 5 to 110 pounds. Other fitness products like yoga mats, foam rollers, and suspension trainers remain fragmented across specialty retailers and lack the recurring-revenue potential of connected equipment, relegating them to a supplementary role. The European Union's Ecodesign for Sustainable Products Regulation, effective September 2026, will mandate durability and reparability disclosures, favoring mechanical products like rowing machines and free weights over electronic treadmills and cycles, which face higher compliance costs.

Europe Home Fitness Equipment Market: Market Share by Product Type, 2025
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By Category: Smart Equipment Narrows Conventional's Lead

From 2026 to 2031, smart and connected equipment is projected to grow at a 6.80% CAGR, outpacing conventional variants by nearly 2 percentage points. Manufacturers are enhancing hardware with AI-driven coaching, biometric tracking, and gamified challenges, justifying premium pricing and recurring subscriptions. While conventional equipment captured 61.05% of 2025 revenue, appealing to cost-conscious buyers and subscription skeptics, its growth faces challenges from commoditization and thin margins. Technogym's Checkup platform, leveraging AI for movement assessments and corrective exercise prescriptions, drove an 11.3% year-on-year revenue surge to EUR 406.3 million (USD 440 million) in H1 2024, underscoring the value of software differentiation. Peloton's 2.9 million paid connected-fitness subscribers provide a recurring revenue buffer against hardware losses, yet a 1.6% year-on-year dip in Q1 fiscal 2025 revenue to USD 586 million signals a plateau in subscriber growth.

Smart equipment faces additional compliance costs due to the General Data Protection Regulation, with mid-sized firms incurring an annual burden of EUR 50,000 to EUR 200,000 (USD 54,000 to USD 216,000) for consent, encryption, and data localization mandates. This creates a competitive edge for incumbents with seasoned legal teams. Decathlon's April 2025 alliance with Freeletics, offering a 3-month complimentary subscription with equipment buys and aiming for over 100 co-branded products by end-2026, showcases mass-market retailers' strategy of tapping into the connected segment via content ecosystems. Tonal's January 2025 shift to a B2B approach, installing electromagnetic resistance units in hotels and physical-therapy centers, broadens its revenue avenues and mitigates subscription-churn hurdles. While conventional equipment's straightforwardness, free from firmware updates, cloud dependencies, and recurring fees, ensures its lasting appeal, the lack of usage analytics curtails manufacturers' potential for product design optimization and upselling services.

By End User: Female Segment Accelerates

Forecasts indicate that the female segment will expand at a 6.02% CAGR from 2026 to 2031, outpacing the male segment's more gradual growth. This shift comes as manufacturers roll out lower-impact modalities, personalized coaching, and community features, all of which align closely with women's fitness preferences. In 2025, male users represented a dominant 68.85% of revenue, a testament to their historical stronghold in strength training and high-intensity cardio. However, this dominance is waning as brands increasingly acknowledge the significant purchasing power of female consumers. Peloton, for instance, has tailored its content library with female instructors and cycling classes focused on prenatal and postnatal fitness. This strategy has successfully built a dedicated female subscriber base, even as Peloton's total subscriber count held steady at 2.9 million in Q1 fiscal 2025. Meanwhile, Echelon's Strength Home system, introduced in October 2024, starts with a digital resistance of 5 pounds, catering to beginners and those in rehabilitation, demographics that lean female.

Female buyers, drawn to rowing machines and stationary cycles for their cardiovascular benefits, prefer these options for full-body workouts without the bulkiness of heavy resistance training. Responding to this trend, Decathlon launched its Training Rower 900 and Training Bike 900 in January 2025, featuring sleek designs and competitive pricing against premium brands. The emergence of online fitness communities, be it Facebook groups, Instagram challenges, or Strava leaderboards, has underscored the importance of social accountability, a motivator that research highlights as particularly influential for female exercisers. Brands that weave community elements like live leaderboards and group challenges into their platforms are witnessing heightened engagement and reduced churn rates among female users. The male segment's tempered growth can be attributed to market saturation among early adopters and a prevailing preference for gym-based training, where the allure of heavy free weights and specialized machines outshines home alternatives.

Europe Home Fitness Equipment Market: Market Share by End User, 2025
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By Distribution Channel: Online Gains on Offline's Installed Base

Online retail stores are projected to grow at a 5.75% CAGR from 2026 to 2031, narrowing the gap with offline channels, which accounted for 52.35% of 2025 revenue. This shift is driven by direct-to-consumer brands bypassing traditional showrooms to boost margins and gather customer data. Offline retail outlets, including specialty fitness chains, department stores, and sporting goods shops, benefit from tactile product evaluation and instant fulfillment but face challenges like fixed costs and limited product assortments, reducing their competitiveness against digital-first brands. Peloton's May 2024 closure of its Chicago manufacturing facility and shift to contract manufacturing in Taiwan reflects a strategic move toward leaner, online-focused operations. Decathlon's January 2025 launch of 'Decathlon Pulse,' a mergers-and-acquisitions initiative, highlights its intent to acquire digital-first brands and integrate them into its omnichannel framework.

European e-commerce grew 2.1% in 2023, with fitness equipment sales outpacing others as consumers gained confidence in purchasing high-ticket items online after pandemic-era trials. White-glove delivery and in-home assembly have become essential for premium brands, as items like treadmills and rowing machines, weighing 100 to 150 kilograms, require technical setup, increasing delivery costs. Augmented-reality apps that visualize equipment in buyers' homes have reduced return rates, which previously reached 15% for large fitness items shipped via parcel carriers. Fitshop's October 2024 acquisition of Kettler and HOI brands from Trisport AG expanded its footprint to 67 branches across 9 European countries, with EUR 124 million (USD 134 million) in revenue. This move illustrates how omnichannel players are consolidating offline assets to complement online reach. The tension between online convenience and offline experience is driving hybrid models, where showrooms allow product trials but fulfill orders through central warehouses, balancing inventory efficiency with tactile engagement.

Geography Analysis

In 2025, Germany holds 27.20% of revenue, driven by a mature fitness culture with 11.7 million gym memberships and a EUR 5.88 billion (USD 6.4 billion) fitness market in 2023. High disposable income, strong e-commerce, and government wellness subsidies of up to EUR 600 (USD 650) per employee annually support demand. Technogym's H1 2024 revenue of EUR 406.3 million (USD 440 million), up 11.3% year-on-year, highlights growth in German-speaking markets with rising connected equipment adoption. Italy is projected to grow fastest at a 5.13% CAGR (2026–2031), driven by a younger workforce and obesity-focused health campaigns, as 1 in 3 children face obesity per the WHO's 2024 report. France sees steady mid-tier equipment demand, though subscription fatigue and urban space constraints limit growth.

The UK’s strong gym membership base in 2023 aligns with robust home-equipment sales, showing complementary usage. EGYM’s April 2024 acquisition of Hussle integrated 1,500 UK gyms into its Wellpass platform. Spain’s EUR 2.5 billion (USD 2.7 billion) fitness market and 5.6 million gym members in 2023 face lower disposable income challenges, but Basic-Fit’s March 2024 acquisition of RSG Spain, adding 42 clubs, signals long-term growth confidence. The Netherlands, Poland, Belgium, and Sweden, though smaller markets, show rising adoption due to increasing disposable incomes and e-commerce. Poland’s growing middle class and Belgium’s urbanization favor compact, budget-friendly equipment. Sweden’s EUR 120 (USD 130) per tonne CO₂ tax drives low-carbon material use and logistics optimization. The EU’s Ecodesign Regulation, effective September 2026, will mandate durability and reparability disclosures, pushing manufacturers to adapt or risk exclusion.

Smaller markets like Austria, Denmark, Finland, Ireland, and Portugal show varied demand influenced by income, housing, and fitness culture. Austria benefits from cross-border e-commerce with Germany. Denmark’s high income supports premium equipment, while Finland’s sauna culture favors complementary equipment. Ireland’s economic growth expands its market, though reliance on imports raises costs. Portugal’s lower income limits premium growth, but retailers like Decathlon gain share with budget options. Fragmentation complicates logistics, favoring omnichannel players with retail footprints.

Competitive Landscape

In the Europe home fitness equipment market, Technogym, Peloton, ICON Health & Fitness, Johnson Health Tech, and Nautilus Inc. are key players. However, no single entity dominates, leaving room for newcomers to innovate, especially those merging hardware with unique content or catering to overlooked segments. Technogym reported a robust H1 2024 revenue of EUR 406.3 million (USD 440 million), marking an 11.3% year-on-year increase. This success underscores its prowess in fostering connected ecosystems and nurturing ties with commercial gyms, bolstering its brand among home consumers. In a notable shift, Peloton closed its Chicago manufacturing in May 2024, laying off 400 employees. This move indicates a strategic transition from vertical integration to a leaner model, emphasizing online sales and subscription revenues over traditional hardware profits. Nautilus Inc. filed for Chapter 11 bankruptcy in March 2024, largely due to a 28.5% drop in cardio-equipment sales. The company accepted a USD 37.5 million stalking-horse bid from Johnson Health Tech, highlighting the industry's divide: brand strength and scale can determine success in a market with low consumer switching costs. Meanwhile, Decathlon, a mass-market retailer, is forging content alliances to rival premium brands. Its April 2025 deal with Freeletics aims for over 100 co-branded products by the close of 2026, all without the hefty investment in proprietary software.

New entrants are capitalizing on the subscription fatigue of established players. By integrating perpetual content libraries directly into hardware sales, they're eliminating recurring fees, making their offerings attractive to budget-conscious consumers. Tonal is diversifying its revenue approach. In January 2025, it shifted to a business-to-business model, placing its electromagnetic resistance units in hotels and physical therapy centers, thus avoiding the churn seen in direct consumer sales. The General Data Protection Regulation (GDPR) poses challenges for newcomers with its stringent consent, encryption, and data-localization rules. While these hurdles favor established players with robust legal and cloud infrastructures, they also present a chance for brands emphasizing on-device processing to reduce compliance costs.

The market is witnessing a wave of consolidation. Fitshop's October 2024 takeover of Kettler and HOI brands bolstered its presence to 67 branches in 9 European nations, raking in EUR 124 million (USD 134 million) in revenue. Similarly, LifeFit Group's March 2025 acquisition of FIT/One added 210 clubs in Germany and Austria, contributing an impressive EUR 245 million (USD 265 million) in last twelve months revenue. The focus is shifting from merely innovating hardware to creating an entire ecosystem. Brands that master content, cultivate community, and harness customer data stand to gain significantly, enjoying higher lifetime values and shielding themselves from market commoditization.

Europe Home Fitness Equipment Industry Leaders

  1. Peloton Interactive, Inc.

  2. Technogym S.p.A.

  3. ICON Health & Fitness

  4. Johnson Health Tech

  5. Nautilus Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • April 2025: Decathlon and Freeletics announced a 5-year strategic partnership to co-develop 100-plus fitness products by end-2026, bundling a 3-month free Freeletics subscription with equipment purchases to compete against premium connected brands. The agreement targets corporate wellness programs and aims to integrate guided workouts seamlessly with Decathlon's mass-market hardware.
  • March 2025: LifeFit Group acquired FIT/One, adding 210 clubs across Germany and Austria with EUR 245 million (USD 265 million) in LTM revenue, consolidating its position as a leading European gym operator and signaling confidence that home equipment will complement rather than cannibalize memberships.
  • January 2025: Decathlon unveiled a new home gym range, including the Compact Run 100 treadmill, Training Rower 900, and Training Bike 900, emphasizing space-efficient designs to address urban housing constraints and targeting first-time buyers with mass-market pricing.

Table of Contents for Europe Home Fitness Equipment Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising obesity and health-awareness wave
    • 4.2.2 Rapid product innovation in smart/connected gear
    • 4.2.3 Expansion of e-commerce and D2C logistics
    • 4.2.4 Persistent hybrid (home + gym) workout habits
    • 4.2.5 EU “Green Deal” spurring demand for energy-efficient equipment
    • 4.2.6 Employer-subsidised home-fitness programmes for remote staff
  • 4.3 Market Restraints
    • 4.3.1 High upfront equipment cost
    • 4.3.2 Limited living space in dense urban housing
    • 4.3.3 Subscription-fatigue toward digital content fees
    • 4.3.4 GDPR-driven data-privacy compliance costs
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 Product Type
    • 5.1.1 Treadmills
    • 5.1.2 Elliptical Machines
    • 5.1.3 Stationary Cycles
    • 5.1.4 Rowing Machines
    • 5.1.5 Strength Training Equipment
    • 5.1.6 Other Product Types
  • 5.2 Category
    • 5.2.1 Conventional
    • 5.2.2 Smart/Connected Equipment
  • 5.3 End User
    • 5.3.1 Male
    • 5.3.2 Female
  • 5.4 Distribution Channel
    • 5.4.1 Offline Retail Stores
    • 5.4.2 Online Retail Stores
  • 5.5 Geography
    • 5.5.1 United Kingdom
    • 5.5.2 Germany
    • 5.5.3 France
    • 5.5.4 Italy
    • 5.5.5 Spain
    • 5.5.6 Netherlands
    • 5.5.7 Poland
    • 5.5.8 Belgium
    • 5.5.9 Sweden
    • 5.5.10 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Technogym
    • 6.4.2 Peloton Interactive, Inc.
    • 6.4.3 ICON Health & Fitness (NordicTrack, ProForm)
    • 6.4.4 Johnson Health Tech (Horizon, Matrix)
    • 6.4.5 Life Fitness (Brunswick)
    • 6.4.6 Nautilus Inc. (Bowflex, Schwinn)
    • 6.4.7 Echelon Fitness
    • 6.4.8 Tonal Systems
    • 6.4.9 NOHrD/WaterRower
    • 6.4.10 BH Fitness
    • 6.4.11 Decathlon SA
    • 6.4.12 Hammer Sport AG
    • 6.4.13 Sport-Tiedje GmbH
    • 6.4.14 JTX Fitness
    • 6.4.15 Sport-Thieme GmbH
    • 6.4.16 Volava
    • 6.4.17 Hydrow
    • 6.4.18 True Fitness
    • 6.4.19 Precor
    • 6.4.20 Star Trac/Core Health & Fitness

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Europe Home Fitness Equipment Market Report Scope

Fitness equipment products like training benches, treadmills, stationary bicycles, and dumbbell sets, among others bought to perform an exercise at home, are altogether called home fitness equipment. Europe's home fitness equipment market is segmented by product type, distribution channel, and geography. By product type, the market studied is segmented into treadmills, elliptical machines, stationary cycles, rowing machines, strength training equipment, and other product types. By distribution channel, the market studied is segmented into offline retail stores, online retail stores, and direct selling. By geography, the report provides a detailed regional analysis, which includes Spain, the United Kingdom, Germany, Italy, France, Russia, and the rest of Europe. For each segment, the market sizing and forecasts have been done based on value (in USD million).

Product Type
Treadmills
Elliptical Machines
Stationary Cycles
Rowing Machines
Strength Training Equipment
Other Product Types
Category
Conventional
Smart/Connected Equipment
End User
Male
Female
Distribution Channel
Offline Retail Stores
Online Retail Stores
Geography
United Kingdom
Germany
France
Italy
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Product TypeTreadmills
Elliptical Machines
Stationary Cycles
Rowing Machines
Strength Training Equipment
Other Product Types
CategoryConventional
Smart/Connected Equipment
End UserMale
Female
Distribution ChannelOffline Retail Stores
Online Retail Stores
GeographyUnited Kingdom
Germany
France
Italy
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
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Key Questions Answered in the Report

How big is the European home fitness equipment market in 2026?

The European home fitness equipment market size is USD 3.46 billion in 2026, with a forecast CAGR of 4.67% to 2031.

Which product category is growing fastest?

Smart and connected equipment posts the highest 6.80% CAGR, outpacing conventional hardware by almost two percentage points.

Which country contributes the largest revenue?

Germany leads with 27.20% of 2025 sales, supported by 11.7 million gym memberships and strong wellness subsidies.

What restrains adoption in urban areas?

Limited living space and noise constraints make bulky treadmills less attractive, shifting demand toward compact cycles and folding strength stations.

How are manufacturers tackling subscription fatigue?

Some vendors bundle perpetual content libraries with the hardware price, while others pair short free trials with discounted renewals to ease billing resistance.

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