North America Resistance Band Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

List of Tables

The North America resistance band market is expected to grow from US$ 213.34 million in 2022 to US$ 269.85 million by 2028. It is estimated to grow at a CAGR of 4.0% from 2022 to 2028.

Rising Popularity of Strength Training is Fuels North America Resistance Band Market

Sports trainers, physiotherapists, rehabilitation physicians, and orthopedists are adopting innovative exercise methods to treat their patients and increase their strength. In recent years, the popularity of strength training has been increasing, making it the most popular workout. Some of the significant health benefits of strength training are increased muscle mass, stronger bones, joint flexibility, weight control, and increased flexibility and balance, among others. Resistance bands are beneficial for strength and muscular endurance. The more the band is stretched, its resistance to stretch becomes higher. Because of this, coaches often use elastic bands to increase an athlete's strength. In addition, the benefits of resistance bands, such as versatility, muscle recruitment, affordability, and portability, have surged their use in strength training. Additionally, women are opting for strength training over traditional cardio, owing to the benefits of strength training, such as improved posture and balance, combating natural loss of bone density, reduced risk of injury, improved mental wellness, and strength building.

Moreover, according to the data from eBay, due to the striking increase in the adoption of strength training, online purchases of resistant training equipment such as resistance bands have increased.

North America Resistance Band Market Overview

The resistance bands market in North America is further segmented into the US, Canada, and Mexico. In North America, the popularity of resistance bands is increasing due to their lightweight, portability, and versatility, as well as cost-effectiveness for workout at homes.

Over the past few years, governments of several countries and various associations across the region have been taking initiatives and recommending guidelines regarding exercises to maintain good health. According to the World Health Organization (WHO), on October 5, 2022, insufficiently physically active people across North America had a 20-30% increased mortality risk compared to sufficiently physically active people. Hence, the WHO has established partnerships to support Member States in promoting physical activities. It has resulted in increased adoption of physical activities among the population, which tends to increase the demand for physical training tools. For instance, the EU partnered with the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2017 to advance and align the implementation of GAPPA and the Kazan Action Plan on physical education, sports, and physical activity. Eventually, this resulted in increased adoption of physical activities, which tends to increase the purchase of physical training tools. These aforementioned factors are expected to increase the demand for resistance bands in the coming years

North America Resistance Band Market Revenue and Forecast to 2028 (US$ Million)

North America Resistance Band Market Segmentation

The North America resistance band market is segmented into type, distribution channel, and country.

Based on type, the North America resistance band market is segmented into pull-up bands, tube bands, therapy bands, and others. The others segment held registered the largest North America resistance band market share in 2022.

Based on distribution channel, the North America resistance band market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest North America resistance band market share in 2022.

Based on country, the North America resistance band market has been categorized into the US, Canada, and Mexico. The US dominated the North America resistance band market share in 2022.

Decathlon SA; Fitness Anywhere LLC; Perform Better; Performance Health Holding Inc; and Serious Steel, LLC are the leading companies operating in the resistance band market in the region.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America resistance band market.
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Scrutinize in-depth North America market trends and outlook coupled with the factors driving the resistance band market as well as those hindering it
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Product Code: BMIRE00028766

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Resistance Bands Market, by Type
- 1.3.2 Resistance Bands Market, by Distribution Channel
- 1.3.3 Resistance Bands Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:

4. North America Resistance Bands Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Expert Opinion

5. North America Resistance Bands Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Consumer Inclination Toward Home Fitness and Workout Activities
- 5.1.2 Rising Popularity of Strength Training
5.2 Market Restraints
- 5.2.1 High Popularity of Substitute Products
5.3 Market Opportunities
- 5.3.1 Growth of E-commerce Platform
5.4 Future Trends
- 5.4.1 Increasing Influence of Social Media on Fitness Activities
5.5 Impact Analysis of Drivers and Restraints

6. Resistance Bands- North America Market Analysis

6.1 Resistance Bands Market Overview
6.2 North America Resistance Bands Market -Revenue and Forecast to 2028 (US$ Million)

7. North America Resistance Bands Market Analysis - By Type

7.1 Overview
7.2 North America Resistance Bands Market, By Type (2021 and 2028)
7.3 Pull-Up Bands
- 7.3.1 Overview
- 7.3.2 Pull-Up Bands: North America Resistance Bands Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Tube Bands
- 7.4.1 Overview
- 7.4.2 Tube Bands: North America Resistance Bands Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Therapy Bands
- 7.5.1 Overview
- 7.5.2 Therapy Bands: North America Resistance Bands Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: North America Resistance Bands Market - Revenue and Forecast to 2028 (US$ Mn)

8. North America Resistance Bands Market Analysis - By Distribution Channel

8.1 Overview
8.2 North America Resistance Bands Market, By Distribution Channel (2021 and 2028)
8.3 Supermarkets and Hypermarkets
- 8.3.1 Overview
- 8.3.2 Supermarkets and Hypermarkets: North America Resistance Bands Market- Revenue and Forecast to 2028 (US$ Mn)
8.4 Specialty Stores
- 8.4.1 Overview
- 8.4.2 Specialty Stores: North America Resistance Bands Market- Revenue and Forecast to 2028 (US$ Mn)
8.5 Online Retail
- 8.5.1 Overview
- 8.5.2 Online Retail: North America Resistance Bands Market- Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: North America Resistance Bands Market- Revenue and Forecast to 2028 (US$ Mn)

9. North America Resistance Bands Market- Country Analysis

9.1 North America: Resistance Bands Market
- 9.1.1 North America: Resistance Bands Market, by Key Country
  - 9.1.1.1 US: Resistance Bands Market- Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.1.1 US: Resistance Bands Market, By Type
    - 9.1.1.1.2 US: Resistance Bands Market, by Distribution Channel
  - 9.1.1.2 Canada: Resistance Bands Market- Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.2.1 Canada: Resistance Bands Market, By Type
    - 9.1.1.2.2 Canada: Resistance Bands Market, by Distribution Channel
  - 9.1.1.3 Mexico: Resistance Bands Market- Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.3.1 Mexico: Resistance Bands Market, By Type
    - 9.1.1.3.2 Mexico: Resistance Bands Market, by Distribution Channel

10. Company Profiles

10.1 Performance Health Holding Inc
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
10.2 Decathlon SA
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
10.3 Perform Better
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
10.4 Fitness Anywhere LLC
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
10.5 Serious Steel, LLC
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments