Research Report with COVID-19 Forecasts - Exercise Resistance Bands Market 2020-2024 | Advent of Smart Exercise Resistance Bands to Boost Growth | Technavio

Technavio has been monitoring the exercise resistance bands market and it is poised to grow by USD 90.56 million during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200522005302/en/

Technavio has announced its latest market research report titled Global Exercise Resistance Bands Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Black Mountain Products Inc., Bodylastics USA Inc., Fit Simplify, Perform Better Inc, ProsourceFit, Reehut, Rogue Fitness, Sequential brands group Inc., TheraBand, and Wacces Store are some of the major market participants. The advent of smart exercise resistance bands will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Advent of smart exercise resistance bands has been instrumental in driving the growth of the market.

Exercise Resistance Bands Market 2020-2024: Segmentation

Exercise Resistance Bands Market is segmented as below:

• Product
  • Strip Exercise Resistance Bands
  • Tube Exercise Resistance Bands
• End-user
  • Individual Users
  • Health Clubs and Gyms
  • Other Commercial Users
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40899

Exercise Resistance Bands Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our exercise resistance bands market report covers the following areas:

• Exercise Resistance Bands Market size
• Exercise Resistance Bands Market trends
• Exercise Resistance Bands Market industry analysis

This study identifies low price and easy usage enhancing consumer adoption as one of the prime reasons driving the exercise resistance bands market growth during the next few years.

Exercise Resistance Bands Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the exercise resistance bands market, including some of the vendors such as Black Mountain Products Inc., Bodylastics USA Inc., Fit Simplify, Perform Better Inc, ProsourceFit, Reehut, Rogue Fitness, Sequential brands group Inc., TheraBand, and Wacces Store. Backed with competitive intelligence and benchmarking, our research reports on the exercise resistance bands market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Exercise Resistance Bands Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist exercise resistance bands market growth during the next five years
• Estimation of the exercise resistance bands market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the exercise resistance bands market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of exercise resistance bands market vendors

Table Of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Strip exercise resistance bands - Market size and forecast 2019-2024
• Tube exercise resistance bands - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End user placement
• Individual users - Market size and forecast 2019-2024
• Health clubs and gyms - Market size and forecast 2019-2024
• Other commercial users - Market size and forecast 2019-2024
• Market opportunity by End user

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Black Mountain Products Inc.
• Bodylastics USA Inc.
• Fit Simplify
• Perform Better Inc
• ProsourceFit
• Reehut
• Rogue Fitness
• Sequential brands group Inc.
• TheraBand
• Wacces Store

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200522005302/en/