Europe Resistance Bands Market Size & Outlook, 2021-2028
Europe resistance bands market, 2015-2028 (US$M)
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Europe resistance bands market highlights
- The Europe resistance bands market generated a revenue of USD 251.1 million in 2021.
- The 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.
- Country-wise, France is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 251.1 million |
| Market revenue in 2028 | USD 480.2 million |
| Growth rate | 9.7% (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 |
| Key market players worldwide | Extreme Networks Inc, Performance Health, Black Mountain Products, ProsourceFit, Bodylastics |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.7% of the global resistance bands market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 810.9 million by 2028.
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Resistance Bands Market Scope
Resistance Bands Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 72.64% in 2021. Horizon Databook has segmented the Europe resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
A robust fitness industry in the region is the primary factor driving the demand for resistance bands in Europe. Several international gyms and fitness clubs across the region are offering modular and flexible subscription offers to consumers, spurring the usage of various types of resistance bands within these segments.
Additionally, the surge in fitness apps for home workouts and the rising availability of these products in the online marketplace are proliferating the market for resistance bands. According to England Athletics in 2020, more than 7 million people run twice a month and 12 million are occasional runners.
There are many running and training mobile apps that encourage people to stay fit. According to Our Sporting Life, more than 1 million people downloaded the “Couch to 5K” running plan app in 2020. Such trends are expected to create an optimistic outlook for the growth of the resistance bands market in the coming years.
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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 continent-level data and insights on the Europe resistance bands market , including forecasts for subscribers. This continent databook contains high-level insights into Europe resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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Europe resistance bands market size, by country, 2015-2028 (US$M)
Europe Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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