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The exercise resistance bands market share is expected to increase by USD 102.46 million from 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 10.42%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (strip exercise resistance bands and tube exercise resistance bands), end-user (individual users, health clubs and gyms, and other commercial users), and geography (North America, Europe, APAC, South America, and MEA).
The exercise resistance bands market report also offers information on several market vendors, including Black Mountain Products Inc., Bodylastics Inc., Coulter Ventures LLC, Fit Simplify, Perform Better Inc., ProSourceFit, Reehut, Sequential Brands Group Inc., TheraBand, and Wacces Store among others.
Black Mountain Products Inc. - The company offers a wide range of resistance bands such as the ultimate resistance band set, black mountain products heavyweight stackable resistance band kit, and more. Under the unified segment, the company offers products such as home gym equipment, yoga equipment, resistance bands, and fitness products.
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Technavio categorizes the global exercise resistance bands market as a part of the global leisure products industry within the global household durables market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the exercise resistance bands market during the forecast period.
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The low price and easy usage enhancing consumer adoption is notably driving the exercise resistance bands market growth, although factors such as aspects such as insufficient resistance, the potential for injury, and others deterring the growth of the market may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Exercise Resistance Bands Market Driver
Key Exercise Resistance Bands Market Challenge
This exercise resistance bands 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.
Our In-house experts produce extensive information on the value chain, and parent market of exercise resistance bands market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
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34% of the market’s growth will originate from North America during the forecast period. The US is the key market for exercise resistance bands in North America. Market growth in this region will be faster than the growth of the market in the European regions. 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 exercise resistance bands market share growth by the strip exercise resistance bands segment will be significant during the forecast period. Strip exercise resistance bands are flat and thin rubber latex, which resemble rubber bands. These bands are also called pull-up bands as they are used while performing pull-ups. Conventionally, these bands are used in physiotherapy to rehabilitate certain injuries. However, they are also used as basic resistance equipment and for toning the lower body or strengthening ankles. Strip exercise bands come in different thicknesses and colours, which represent different types of resistance. The thicker the band, the greater its resistance. As for the colours, each colour represents a level of resistance the exercise resistance band possesses.
This report provides an accurate prediction of the contribution of all the segments to the growth of the exercise resistance bands market size and actionable market insights on the post-COVID-19 impact on each segment.
Exercise Resistance Bands Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.42% |
Market growth 2021-2025 |
$ 102.46 million |
Market structure |
Fragmented |
YoY growth (%) |
10.21 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 34% |
Key countries |
US, Germany, UK, France, and China |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Black Mountain Products Inc., Bodylastics Inc., Coulter Ventures LLC, Fit Simplify, Perform Better Inc., ProSourceFit, Reehut, Sequential Brands Group Inc., TheraBand, and Wacces Store |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
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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