India Resistance Bands Market Size & Outlook, 2021-2028
India resistance bands market, 2015-2028 (US$M)
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India resistance bands market highlights
- The India resistance bands market generated a revenue of USD 78.3 million in 2021 and is expected to reach USD 156.9 million by 2028.
- The India market is expected to grow at a CAGR of 10.4% 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 78.3 million |
| Market revenue in 2028 | USD 156.9 million |
| Growth rate | 10.4% (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, India accounted for 6.1% 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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India 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 79.82% in 2021. Horizon Databook has segmented the India resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
India’s fitness appetite is growing as fitness becomes the new lifestyle; this surge in exercising, gyms, and fitness clubs has driven the usage of fitness products and apps, leading to strong demand for resistance bands. The fitness segment seems to be experiencing rapid growth in India, owing to the increasing internet penetration.
Several international brands have started viewing India as a potential market for resistance bands. Furthermore, the increasing presence of several local and regional brands, as well as the rising interest in maintaining a healthy lifestyle, primarily among young millennials and adults, is also boosting the growth of the resistance bands market in the country.
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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 India resistance bands market , including forecasts for subscribers. This country databook contains high-level insights into India resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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India resistance bands market size, by application, 2015-2028 (US$M)
India Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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