Resistance Bands Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
A resistance band refers to an elastic band that is utilized for the purpose of strength training. These bands are also usually utilized in physical therapy, particularly by people who have had suffered muscular injuries to slowly rebuild the strength, which is likely to support growth of the global resistance bands market over the years of assessment.
Resistance band is a staple piece of equipment that is put to use in different sessions of physical therapy. It is widely utilized by people who had some kind of suffered muscular injuries and are going through rehabilitation therapies. These bands can also be utilized to do different exercises to better the condition of one’s elbows, shoulders, knees, and elbows. These bands are also used in bettering one’s core body strength though improvement of muscular imbalance. Resistance bands come in four different types, which are extra heavy, heavy, medium, and light. These bands are color-coded according to their levels of resistance, red, yellow, and green. Customers make a selection of these bands based on their level of fitness, muscular endurance, and convenience.
The global resistance bands market has been segmented based on product, application, end use, and region. The main objective of providing such a comprehensive report is to provide a deep insight into the market.
The global resistance bands market has come across quite a few developments in the last few years. One such development of the market is mentioned below:
Some of the key market players of the global resistance bands market are
Increased Incidences of Physical Inactivity to Fuel Growth of the Market
A rise in the demand for economically priced home-based work-out fitness products is likely to propel exponential expansion of the global resistance bands market in the years to come. The launch of smart resistance bands have further added to the rapid growth of the global resistance bands market. The smart versions of these bands are fitted with motion sensors and Bluetooth transmitters, which make it a popular choice for many across the globe.
There has been a steady yet continuous rise in the physical inactivity of people across the globe. This has compelled many health organizations to fight off the same through various initiatives. In accordance with the data of World Health Organization (WHO) in 2010, around 23% of the adult population all over the world was not involved with any kind of physical activity. Six years later in 2016, the number of people who were not physically active rose to 28% of the total population of the world. In an effort to fight off such high prevalence of physical inactivity, World Health Organization started a global plan of action to induce physical activity. Such initiatives are likely to support growth of the global resistance bands market over the years of assessment.
In the global resistance bands market, North America is expected to account for the lion’s share of the market. The region is estimated to continue with its territorial dominance over the tenure of assessment due to a growing inclination toward a healthy lifestyle. High prevalence of various chronic diseases like cardiovascular diseases, diabetes is further expected to bolster the demand for resistance bands in the North America region.
The global resistance bands market is segmented as:
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report