Global Resistance Bands Market Size & Outlook
The resistance bands industry worldwide is expected to reach a projected revenue of US$ 2,431.6 million by 2028. A compound annual growth rate of 9.6% is expected of the worldwide resistance bands industry from 2022 to 2028.
Revenue, 2021 (US$M)
$1,277.8
Forecast, 2028 (US$M)
$2,431.6
CAGR, 2022 - 2028
9.6%
Report Coverage
Worldwide
Global resistance bands market, 2015-2028 (US$M)
Related Markets
Global resistance bands market highlights
- The global resistance bands market generated a revenue of USD 1,277.8 million in 2021 and is expected to reach USD 2,431.6 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 9.6% by 2028.
- In terms of segment, gym & health clubs accounted for a revenue of USD 871.0 million in 2021.
- Individual is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 1,277.8 million |
| Market revenue in 2028 | USD 2,431.6 million |
| Growth rate | 9.6% (CAGR from 2021 to 2028) |
| Largest segment | Gym & health clubs |
| Fastest growing segment | Individual |
| Historical data covered | 2015 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gym & Health Clubs, Individual |
Other key industry trends
- In terms of revenue, the North America accounted for 40.2% of the global resistance bands market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 25.3 million by 2028.
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Resistance Bands Market Scope
Resistance bands market segmentation & scope
Resistance Bands Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global resistance bands market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to resistance bands market will help companies and investors design strategic landscapes.
gym & health clubs was the largest segment with a revenue share of 68.16% in 2021. Horizon Databook has segmented the Global resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
- Global Resistance Bands Application Outlook (Revenue, USD Million, 2015-2028)
- Gym & Health Clubs
- Individual
- Global Resistance Bands Product Outlook (Revenue, USD Million, 2015-2028)
- Therapy Bands
- Pull Up Bands
- Exercise Bands
- Global Resistance Bands Distribution Channel Outlook (Revenue, USD Million, 2015-2028)
- Offline
- Online
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Our clientele includes a mix of resistance bands market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global resistance bands market , including forecasts for subscribers. This global databook contains high-level insights into Global resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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Global resistance bands market statistics, by regions, 2015-2028 (US$M)
Top 10 countries: Resistance bands market size, 2021 (USD Million)
Top 10 countries: Resistance bands market size, 2021 (USD Million)
Global resistance bands market, by region, 2021 (US$M)
Related regional statistics
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