North America Resistance Bands Market Size & Outlook
The resistance bands market in North America is expected to reach a projected revenue of US$ 966.1 million by 2028. A compound annual growth rate of 9.4% is expected of North America resistance bands market from 2022 to 2028.
The North America resistance bands market generated a revenue of USD 513.7 million in 2021.
The 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.
Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
Market revenue in 2021
USD 513.7 million
Market revenue in 2028
USD 966.1 million
Growth rate
9.4% (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, North America region accounted for 40.2% 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.
Several consumers have started preferring working out at home because of their long working hours and hectic schedules. Factors like social distancing and the fear of contracting COVID-19 have also accelerated the demand for home workout equipment like exercise bands and dumbbells. Additionally, working out at home reduces the cost of transport and eliminates a trainer’s and health club or gym membership fees.
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 Outlook will help companies and investors design strategic landscapes.
Gym & Health Clubs was the largest segment with a revenue share of 57.62% in 2021.
Horizon Databook has segmented the North America resistance bands market based on gym & health clubs, individual covering the revenue growth of each sub-segment from 2015 to 2028.
Several consumers have started preferring working out at home because of their long working hours and hectic schedules. Factors like social distancing and the fear of contracting COVID-19 have also accelerated the demand for home workout equipment like exercise bands and dumbbells. Additionally, working out at home reduces the cost of transport and eliminates a trainer’s and health club or gym membership fees.
North America Resistance Bands Market Application Outlook (Revenue, USD Million , 2015-2028)
Gym & Health Clubs
Individual
North America Resistance Bands Market Product Type Outlook (Revenue, USD Million , 2015-2028)
Therapy Bands
Pull Up Bands
Exercise Bands
North America Resistance Bands Market Distribution Channel Outlook (Revenue, USD Million , 2015-2028)
Offline
Online
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North America Resistance Bands Market, 2015-2028 (US$M)