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Exercise Bands Market Trends

Report ID: GMI6042
Published Date: Jun 2023
Report Format: PDF

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Exercise Bands Market Trends

During the COVID-19 pandemic, with gym closures and restrictions on outdoor activities, many individuals turned to at-home workouts to maintain their fitness routines. For instance, according to a survey conducted by RunRepeat in 2020, around 59% of respondents reported exercising at home more often during the pandemic. Hence, the convenience and accessibility of at-home workouts have driven the demand for home fitness equipment, including exercise bands.

Additionally, the smart exercise bands can track workout metrics such as heart rate, calories burned, and repetitions, providing users with data to monitor their progress and optimize their training. Smart exercise bands offer real-time feedback, personalized training programs, and the ability to connect with fitness apps or platforms, enhancing user engagement and motivation.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Exercise bands industry valuation reached more than USD 1 billion in 2022 and is projected to reach around USD 2.3 billion by 2032 attributed to the rising popularity of online fitness programs and increasing focus on fitness and wellness.

Strip exercise band market generated USD 605.1 million in 2022 and is projected to grow at steady CAGR from 2023 to 2032 owing to their user-friendly nature and high versatility.

U.S. exercise bands market is anticipated to reach around USD 779.2 million in 2032 driven by the growing influence of social media platforms, fitness influencers, and online communities.

Performance Health, LLC, Black Mountain Products Inc., Decathlon SA, Fit Simplify, Perform Better Inc., Rougue Fitness, Xtreme Bands, and Bodylastics International Inc. are among the leading firms engaged in the exercise bands industry.