U.S. Resistance Bands Market Size & Outlook, 2021-2028
U.S. resistance bands market, 2015-2028 (US$M)
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U.S. resistance bands market highlights
- The U.S. resistance bands market generated a revenue of USD 425.3 million in 2021 and is expected to reach USD 793.1 million by 2028.
- The U.S. market is expected to grow at a CAGR of 9.3% 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 425.3 million |
| Market revenue in 2028 | USD 793.1 million |
| Growth rate | 9.3% (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, U.S. accounted for 33.3% 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 North America, U.S. resistance bands market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 793.1 million by 2028.
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Resistance Bands Market Scope
Resistance Bands Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 55.7% in 2021. Horizon Databook has segmented the U.S. resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
Health-conscious consumers in the country are increasingly looking for alternatives for gyms and health clubs owing to the rise in the number of COVID-19 cases. Consumers in the U.S. have been opting for online workouts since the onset of the pandemic. The rise in in-home workout regimes has surged the demand for home workout equipment such as resistance bands.
These factors are driving the demand for resistance bands in the country. Additionally, the COVID-19 pandemic has also lowered the annual subscriptions for gyms and health club memberships. For instance, in July 2020, as per a survey published by TD Ameritrade, an online broker, close to 60% of Americans are not planning to renew their gym memberships.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. resistance bands market , including forecasts for subscribers. This country databook contains high-level insights into U.S. resistance bands market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. resistance bands market size, by application, 2015-2028 (US$M)
U.S. Resistance Bands Market Outlook Share, 2021 & 2028 (US$M)
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