The Europe resistance bands market is expected to grow from US$ 195.05 million in 2022 to US$ 252.14 million by 2028; it is expected to grow at a CAGR of 4.4% from 2022 to 2028.
Resistance bands are used in various exercises and workout activities to improve strength and maintain balance while exercising. In addition, resistance bands are also used in the physical therapy and rehabilitation of patients. These bands are available in various color codes which define tension levels such as yellow, green, and red. Consumers can choose their equipment according to their fitness and muscle endurance.
The Europe resistance bands market is expected to grow from US$ 195.05 million in 2022 to US$ 252.14 million by 2028; it is expected to grow at a CAGR of 4.4% from 2022 to 2028. The European population is increasingly engaged in rigorous exercises that aid in weight control and increase strength and stamina, consequently improving the overall health of the body. The adoption of physical activities and regular exercise has increased to improve flexibility, mobility, and agility of the body. The preventive healthcare sector in Europe, coupled with an increase in preference for customized workout regimes with comfortable home environments, has surged the demand for home fitness activities. In addition, the rising number of fitness training applications and sites has further contributed to the growth of home fitness. Online fitness sites and mobile applications allow consumers to train at home with professionals who make their skills available through the tools of the network. The factors mentioned above are contributing to the demand for at-home fitness equipment, such as resistance bands. Resistance bands are gaining popularity as at-home fitness equipment due to their benefits in strength training and maintaining balance while exercising.
Key Market Segments
Based on type, the Europe resistance bands market is segmented into pull-up bands, tube bands, therapy bands, and others. In 2021, the pull-up bands segment held the largest share of the market. The therapy bands segment is expected to register the highest CAGR during the forecast period. These bands are wide and flat, making them easy to wrap around hands and adjust the length easily. They can also be cut into smaller pieces or used to stretch. Therapy bands have gained popularity in Pilates programs to add resistance, and they can also be used for general strength training. The advantages of therapy bands, such as specific muscle targeting, stabilization, adjustability, and cost-effectiveness, have surged their use for various therapy treatments at home.
Based on distribution channel, the Europe resistance bands market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share in 2021. The online retail segment is expected to register the highest CAGR over the forecast period. Online retail is one of the fastest-growing distribution channels due to its shopping and product delivery convenience. Online retail offers a wide variety of fitness equipment with heavy discounts, and consumers can conveniently buy desirable products remotely. Besides, home delivery service attracts a large group of customers to shop through e-commerce platforms.
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the report on the Europe resistance bands market are company websites, annual reports, financial reports, national government documents, and statistical databases. Performance Health Holding Inc, Decathlon SA, 4D Rubber Ltd, Fitness Anywhere LLC, Optibelt GmbH, Crown World Marketing Ltd, Physical Co Ltd, Starwood Sports Ltd, Flexible Sports GmbH, and Meglio Ltd are among the major companies listed in the report.
Reasons to Buy Report
Company Profiles
Strategic insights for the Europe Resistance Bands provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 195.05 Million |
Market Size by 2028 | US$ 252.14 Million |
Global CAGR (2022 - 2028) | 4.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Resistance Bands refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe Resistance Bands Market is valued at US$ 195.05 Million in 2022, it is projected to reach US$ 252.14 Million by 2028.
As per our report Europe Resistance Bands Market, the market size is valued at US$ 195.05 Million in 2022, projecting it to reach US$ 252.14 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
The Europe Resistance Bands Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Resistance Bands Market report:
The Europe Resistance Bands Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Resistance Bands Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Resistance Bands Market value chain can benefit from the information contained in a comprehensive market report.