Global Resistance Bands Market, By Product Type (Pull-Up Bands, Tube Bands, Fit Loop Bands, Therapy Bands and Others), Category (Light, Medium and Heavy), Application (Individual and Health and Sports Clubs), Distribution Channel (Store-Based [Supermarkets and Hypermarkets, Specialty Stores and Others] and Non-Store-Based), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Resistance Bands Market
The resistance bands market is expected to witness market growth at a rate of 12.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on resistance bands market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for cost-effective fitness products to work out at home is escalating the growth of resistance bands market.
Resistance bands are known to be utilized in the physical therapy to develop muscular strength and in the rehabilitation of patients. The resistance bands are accessible in four main types of resistance that is in light, medium, heavy, and extra-heavy. Additionally, the colour codes are to identify different tension levels like green, yellow, and red.
Major factors that are expected to boost the growth of the resistance bands market in the forecast period are the rise in the acceptance of physical activities and regular exercise to develop more flexibility, mobility, and dexterity of the body. Furthermore, the increase in the concerning issues regarding health because of busy schedule amongst the population is further anticipated to propel the growth of the resistance bands market. Also, the rise in the adoption of e-commerce platforms amongst the millennial and working-class population is further estimated to cushion the growth of the resistance bands market. On the other hand, the decrease in the durability in comparison to free weights is further projected to impede the growth of the resistance bands market in the timeline period.
In addition, the rise in the number of health clubs and other fitness related amenities provided will further offer potential opportunities for the growth of the resistance bands market in the coming years. However, the accessibility of counterfeit products might further challenge the growth of the resistance bands market in the near future.
This resistance bands market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on resistance bands market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Resistance Bands Market Scope and Market Size
The resistance bands market is segmented on the basis of product type, category, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the resistance bands market is segmented into pull-up bands, tube bands, fit loop bands, therapy bands and others.
- On the basis of category, the resistance bands market is segmented into light, medium and heavy.
- On the basis of application, the resistance bands market is segmented into individual and health and sports clubs.
- On the basis of distribution channel, the resistance bands market is segmented into store-based and non-store-based. Store-based is further sub segmented into supermarkets and hypermarkets, specialty stores and others.
Resistance Bands Market Country Level Analysis
The resistance bands market is analysed and market size, volume information is provided by country, type, category, application and distribution channel as referenced above.
The countries covered in the resistance bands market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the resistance bands market due to the rise in the number of people indulged in fitness programs. Furthermore, the increase in the user inclinations towards a healthy lifestyle will further boost the growth of the resistance bands market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the resistance bands market due to the rise in the awareness related to the benefits of a healthy lifestyle amongst the millennials and the working-class.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Resistance Bands Market Share Analysis
The resistance bands market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to resistance bands market.
The major players covered in the resistance bands market report are Black Mountain Products, Inc., PROSOURCEFIT, ZAJ FIT, Xtreme Bands., Bodylastics, Fitness Anywhere LLC, Decathlon, The Peach Builder Co, Fit Simplify, Perform Better, Rogue Fitness., Reehut, Sequential Brands Group Inc., Wacces, TheraBand, Performance Health, Pedigenix, 4D., shop4reebok.com, and VISSCO REHABILITATION AIDS PVT. LTD., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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