Denmark Resistance Bands Market Size & Outlook, 2021-2028
Denmark resistance bands market, 2015-2028 (US$M)
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Denmark resistance bands market highlights
- The Denmark resistance bands market generated a revenue of USD 51.3 million in 2021 and is expected to reach USD 96.1 million by 2028.
- The Denmark market is expected to grow at a CAGR of 9.4% 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 51.3 million |
| Market revenue in 2028 | USD 96.1 million |
| Growth rate | 9.4% (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, Denmark accounted for 4.0% 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 Europe, Denmark resistance bands market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 64.4 million by 2028.
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Resistance Bands Market Scope
Resistance Bands Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 65.89% in 2021. Horizon Databook has segmented the Denmark resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
This market’s growth is majorly driven by the growing population, rising lifestyle-related disorders such as obesity, an increasing rate of fitness penetration, and accelerating economic growth. According to the National Board of Health Denmark, obesity is a rapidly increasing problem in the country. It is estimated that 16.3% of the country’s population was obese in 2019.
Thus, to promote physical activity, several regulatory bodies such as the Danish Health Authority in collaboration with the WHO and Health Enhancing Physical Activity have provided guidance to the public to boost health significantly. This, in turn, is anticipated to drive the demand for workout equipment such as resistance bands.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark resistance bands market , including forecasts for subscribers. This country databook contains high-level insights into Denmark resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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Denmark resistance bands market size, by application, 2015-2028 (US$M)
Denmark Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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