Product ID: SQSG30L2048
Global Exercise Band Market Size, Share, Growth Analysis, By Product(Strip Exercise Bands, Tube Exercise Bands), By Distribution Channel(Online, Offline), By End-use(Individual Users, Health Clubs) - Industry Forecast 2024-2031
Report ID:
SQSG30L2048 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
89 |
Figures:
76
Global Exercise Band Market Insights
Exercise Band Market size was valued at USD 53.46 billion in 2019 and is poised to grow from USD 61.3 billion in 2023 to USD 186.14 billion by 2031, growing at a CAGR of 14.6% in the forecast period (2024-2031).
Increased demand for low-cost fitness products for at-home workouts is expected to drive market growth. Physical activities and regular exercise to improve flexibility, mobility, and agility of the body are expected to drive exercise band market growth. Exercise bands can be used for a variety of exercises involving the shoulders, feet, knees, and elbows. These bands can improve core body strength by reducing muscular imbalance.
Rising online purchasing trends are driving up demand for exercise bands. E-commerce provides a wide range of brands to choose from, as well as various offers and discounts. As a result, the demand for exercise bands is increasing. Furthermore, the low cost of resistance bands and their numerous applications for whole-body workouts support exercise band market demand.
US Exercise Band Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Exercise Band Market Report Snapshots
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