UK Resistance Bands Market Size & Outlook, 2021-2028
UK resistance bands market, 2015-2028 (US$M)
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UK resistance bands market highlights
- The UK resistance bands market generated a revenue of USD 41.6 million in 2021 and is expected to reach USD 80.6 million by 2028.
- The UK market is expected to grow at a CAGR of 9.9% 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 41.6 million |
| Market revenue in 2028 | USD 80.6 million |
| Growth rate | 9.9% (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, UK accounted for 3.3% 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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UK 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 67.07% in 2021. Horizon Databook has segmented the UK resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
The rising percentage of consumers opting for sporting goods and home fitness equipment is driving the demand for resistance bands in the country. Several consumers in the U.K. have cancelled their gym and health club memberships over the past two years owing to the fear of contracting the coronavirus.
According to research conducted by Idealo, a price comparison website, sales of home gym equipment surged by 5813% in the U.K. since the start of the lockdown in March 2020 till four months after that. In addition, the number of home workout sessions among consumers has also increased exponentially.
According to the same source, Some Instagram workout providers in the U.K. reported a significant rise in their follower count during the same period, including Courtney Black, U.K.’s number one home workout coach, who saw a 131% increase in followers since March 2020. Such trends bode well for the demand for resistance bands.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK resistance bands market , including forecasts for subscribers. This country databook contains high-level insights into UK resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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UK resistance bands market size, by application, 2015-2028 (US$M)
UK Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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