China Resistance Bands Market Size & Outlook, 2021-2028
China resistance bands market, 2015-2028 (US$M)
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China resistance bands market highlights
- The China resistance bands market generated a revenue of USD 99.6 million in 2021 and is expected to reach USD 190.8 million by 2028.
- The China market is expected to grow at a CAGR of 9.7% from 2022 to 2028.
- In terms of segment, gym & health clubs was the largest revenue generating application in 2021.
- Individual is the most lucrative application segment registering the fastest growth during the forecast period.
Resistance bands market data book summary
| Market revenue in 2021 | USD 99.6 million |
| Market revenue in 2028 | USD 190.8 million |
| Growth rate | 9.7% (CAGR from 2021 to 2028) |
| Largest segment | Gym & health clubs |
| Fastest growing segment | Individual |
| Historical data | 2015 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gym & Health Clubs, Individual |
| Key market players worldwide | Extreme Networks Inc, Performance Health, Black Mountain Products, ProsourceFit, Bodylastics |
Other key industry trends
- In terms of revenue, China accounted for 7.8% of the global resistance bands market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China resistance bands market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 156.9 million by 2028.
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Resistance Bands Market Scope
Resistance Bands Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 62.65% in 2021. Horizon Databook has segmented the China resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
The resistance bands market in China is mainly driven by the rising consumer concerns regarding physical health, fitness, stamina, and overall wellness. The COVID-19 pandemic has fueled the demand for affordable gym equipment, particularly resistance bands.
Furthermore, Chinese consumers are ready to try new products for enhancing their physical well-being and willing to spend on quality products. While sports and fitness enthusiasts are predominantly based in cities like Beijing and Shanghai, the advent of fitness apps has played a key role in the increased popularity of exercising throughout the country.
This has led to health awareness and exercising as an essential trend that is being embraced by everyone in China, thereby leading to strong demand for these products. Other factors such as lifestyle changes, increase in stress & anxiety levels, and other health-related problems are encouraging an increasing number of Chinese consumers to spend on higher-quality exercise products.
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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 country-level data and insights on the China resistance bands market , including forecasts for subscribers. This country databook contains high-level insights into China resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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China resistance bands market size, by application, 2015-2028 (US$M)
China Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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