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What are the recent trends in market size and growth for the resistance bands market?
The resistance bands market size has grown rapidly in recent years. It will grow from $1.48 billion in 2024 to $1.68 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to heightened physical activities and daily exercise, increased affordability and accessibility of resistance bands, rising home-based gym activity among people around the world.
The resistance bands market size is expected to see rapid growth in the next few years. It will grow to $2.7 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to surging demand for resistance bands in physical therapy, growing adoption of physical activities and regular exercise, increasing awareness about fitness and health, and increasing preference for compact and portable exercise tools. Major trends in the forecast period include advancements in material science, increasing demand for more advanced and specialized resistance bands, increasing research and development activities, the integration of technology into resistance bands, and initiatives for technological advancements.
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What key drivers have fueled the resistance bands market’s development over the years?
The awareness of fitness and health is expected to propel the growth of the resistance band market going forward. Fitness and health are interrelated concepts that refer to the overall well-being of an individual, both physically and mentally. Fitness generally refers to the physical aspects of health, including strength and endurance, while health encompasses a broader spectrum, including physical, mental, and social well-being. Resistance bands are helpful in fitness and health betterment as they aid with ease of use and advantages for strength training, weight reduction, sports performance, injury rehabilitation, and functional fitness. For instance, in May 2022, according to the Planet Fitness Inc., a US-based fitness company, planet Fitness, Inc. announced its first-quarter 2022 results, reporting a total revenue increase of 66.9% compared to the same period last year, totaling $186.7 million. Therefore, the growing awareness of fitness and health is driving the growth of the resistance bands market.
What is the segmentation for the resistance bands market?
The resistance bands market covered in this report is segmented –
1) By Type: Tube Resistance Bands, Pull-up Resistance Bands, Therapy Resistance Bands, Other Resistance Bands
2) By Material: Fabric, Latex
3) By Distribution Channel: Specialty Stores, Super markets and Hyper markets, Online Retail, Other Distribution Channels
4) By Application: Individuals, Health and Sports Clubs
Subsegments:
1) By Tube Resistance Bands: Single Tube Bands, Double Tube Bands, Triple Tube Bands
2) By Pull-up Resistance Bands: Light Resistance Bands, Medium Resistance Bands, Heavy Resistance Bands
3) By Therapy Resistance Bands: Physical Therapy Bands, Rehabilitation Bands
4) By Other Resistance Bands: Figure 8 Resistance Bands, Loop Resistance Bands, Flat Resistance Bands
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Who are the most influential companies in the resistance bands market?
Major companies operating in the resistance bands market are Lifeline Fitness, Everlast Worldwide Inc., Rogue Fitness Inc., Gaia Inc., Perform Better Inc., RDX Sports, Body-Solid Inc., SPRI Products Inc., ProsourceFit, WODFitters, Theraband Inc., Bodylastics USA Inc., Black Mountain Products Inc., GoFit LLC, Fitness Gear, Serious Steel Fitness, Power Systems Inc., NordicTrack Inc., Fitness Anywhere LLC (TRX), Gold’s Gym International Inc., Liveup Sports Co.Ltd., Sling Shot, Wacces Inc., RitFit Inc
What are the top industry trends projected to impact the resistance bands market?
Major companies operating in the resistance bands market are developing innovative products, such as stretchable bands, to enhance user experience and improve workout effectiveness. Stretchable bands refer to elastic resistance bands that can be stretched to different lengths to provide varying levels of resistance during workouts, enhancing strength training and flexibility exercises. For instance, in January 2024, RXBAR, a US-based manufacturing company, launched RXBands. RXBands are limited run edition resistance bands designed to help Canadians achieve their fitness goals while offering rewards for participation. Users can unlock unique codes during workouts for a chance to win prizes in a national giveaway.
What are the major regional insights for the resistance bands market, and which region holds the top position?
North America was the largest region in the resistance bands market in 2024. The regions covered in the resistance bands market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Resistance Bands Market Report 2025 Offer?
The resistance bands market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Resistance bands refer to elastic bands made of latex or other materials designed for strength training and physical therapy. They come in various shapes, sizes, and resistance levels, offering a versatile and portable alternative to traditional weights and machines. These resistance bands are easily adjusted by using different bands or by changing the grip on the band.
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