Baby Car Seat Market Size Worth $10.9 Billion By 2025

The global baby car seat market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. Growing awareness regarding child safety, along with the implementation of numerous government regulations in countries including France, Germany, and U.S., is driving the market. For instance, in U.S., there are laws stated by the Insurance Institute of Highway Safety for 50 states, which need to be followed for child safety.

The convertible product segment is expected to expand at the fastest CAGR of 7.1% from 2019 to 2025. It is more economical as compared to other products as it is well suited for both infants and toddlers. It provides both rear and front-facing seats for children.

Europe accounted for the largest share in 2018 and is expected to maintain its lead over the forecast period. Increasing number of government initiatives to use the product for a child of age-group between 0 to 12 years has driven the market. Asia Pacific is expected to be the fastest growing market at a CAGR of 10.4% from 2019 to 2025.

Increasing number of accidents in developing countries such as India and China has led to the rise in installation of the product. However, despite the implementation of various laws, these are not being followed by the national citizens. According to the General Administration of Quality Supervision, Inspection and Quarantine, approximately 18,500 babies die every year due to car accidents in China.

Hypermarkets and supermarkets dominated the industry, accounting for 55.6% share of the overall revenue in 2018. High penetration of these distribution channels in developed economies including U.S. and Germany, along with preference for the technical know-how about the products, has been fueling the growth of this sector.

Key producers of this industry include Dorel Industries Inc.; Goodbaby International Holdings; UPPAbaby; RENOLUX FRANCE INDUSTRY; RECARO Holding GmbH; Newell Brands; Mothercare plc; InfaSecure; Kiwi Baby; and Artsana Group. Product innovation is expected to remain one of the key strategies over the next few years.

For instance, in 2018, Goodbaby International Holdings Limited launched a convertible baby car seat, Cybex Sirona M. This product features sensor safe technology and enables the smart phone connectivity. The smart phone connectivity renders an alert to the driver if the seat is unbuckled during traveling in case of extreme cold or hot temperatures.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/baby-car-seat-market

Further key findings from the study suggest:

By product, the infant segment held the largest share of 32.2% in 2018
Online channel is expected to register the fastest CAGR of 7.1% from 2019 to 2025
Asia Pacific is expected register the fastest CAGR of 10.4% from 2019 to 2025
Europe held the largest share of more than 30.0% in 2018.

Sunglasses Market Size Worth $17.0 Billion By 2025

The global sunglasses market size is expected to reach USD 17.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period. The market is expected to witness significant growth due to rising consumer preference for luxury and premium sunglasses, along with increasing disposable income.

Non-polarized sunglasses accounted for the largest market share in 2018 owing to easy availability and cheap pricing. Moreover, these sunglasses are available in many dark shades, which protect the eyes from the harmful sun rays. Polarized sunglasses are anticipated to expand at the highest CAGR of 2.6% from 2019 to 2025. Apart from providing 100% protection from the UV rays, these glasses also provide clear vision as compared to non-polarized glasses. Increasing awareness concerning eye health and harmful effects of sun rays and other emissions is expected to influence the consumer purchasing decision.

Offline distribution channel dominated the market in 2018. Many brands have their personalized stores worldwide to provide customer service and increase their distribution in the market. Customer preference to try out various pairs of sunglasses before purchasing is driving the market demand in this segment. Online distribution is expected to witness accelerated growth in the forecast period as manufacturers are increasing their advertising and promotional activities via digital channels. This distribution channel allows the manufacturers to reach out to a wider audience in less cost.

Europe held the largest market share in terms of revenue in 2018 due to the presence of major players and latest fashion trends followed in this region. Asia Pacific is anticipated to witness substantial growth due to increasing penetration of major brands in this region. Changing consumer preference driven by high disposable income is another factor propelling the market growth in this region.

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https://www.grandviewresearch.com/industry-analysis/sunglasses-market

Further key findings from the report suggest:

In terms of revenue,online distribution channel is projected to expand at a CAGR of 2.5% over the forecast period
By product, the non-polarized segment dominated the market in 2018 owing to high visibility of the product in the emerging market
Europe held the largest sunglasses market share in 2018 owing to presence of major eyewear manufacturers in the region
The industry is highly competitive with a monopoly created by Luxottica Group. Various eyewear brands like Ray-Ban, Oakley, Sunglass Hut, Persol, and Vogue have been acquired by Luxottica to expand its brand portfolio in the market
In January 2017, Essilor, one of the major eyewear manufacturers, merged with Luxottica. This move was initiated to expand Luxottica’s brand portfolio and improve market penetration of Luxottica by leveraging Essilor’s target markets.

Powered Surgical Instruments Market Size Worth $2.8 Billion By 2026

The global powered surgical instruments market size is expected to reach USD 2.8 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.8%. Increasing number of surgical procedures, coupled with technological advancements, is anticipated to drive the market. Moreover, increasing awareness and affordability of plastic or reconstructive surgeries and surgeries for sports injuries is likely propel growth over the forecast period.

Increase in factors such as demand for minimally invasive surgeries & robot-aided procedures as well as improving accessibility to healthcare is contributing to growth. In addition, increasing geriatric population and rising awareness about availability of surgical procedures are likely to boost the market.

Increase in number of road accidents and rising healthcare expenditure in emerging economies are other factors likely to boost revenue generation in the market. According to the U.S. Census Bureau, the global healthcare expenditure is expected to reach USD 18.28 trillion by 2040, growing at a CAGR of 2.6%. According to WHO, the global population aged 60 years and above is expected to reach 2 billion by 2050, from 900 million in 2015. This demographic is more susceptible to a vast number of diseases, increasing the need for effective treatments, thereby boosting the market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/powered-surgical-instruments-market

Further key findings from the study suggest:

North America accounted for the largest share of over 42.0%, owing to high prevalence of chronic disorders, favorable reimbursement policies, presence of key players, and government initiatives.
Asian countries are estimated to show the highest growth rate of 5% over the forecast period, due to an increasing adoption of advanced technologies, increasing investments, improving reimbursement scenario, and increasing medical tourism.
Handpiece powered surgical instruments is expected to dominate over the forecast period. It accounted for more than more than 40.0% of share in 2018.
Based on application, orthopedic, followed by cardiovascular surgery, were leading segments in the market, owing to high use of powered instruments, rising geriatric population, and growing incidence of osteoporosis and heart conditions.
Key players in powered surgical instruments market are opting for strategies, such as partnerships & acquisitions, introduction of new products, and investments in new technologies, to expand their product portfolio and to strengthen global footprint. For instance, in November 2018, Stryker Corporation announced acquisition of K2M Group Holdings, Inc., thereby expanding its product portfolio.

Swimwear Market Size Worth $29.1 Billion By 2025

The global swimwear market size is expected to reach USD 29.1 billion by 2025, expanding at a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Growing population, rising awareness regarding health consciousness, rapid surge in poolside and beachside vacations, increasing water based activities, and rapid changes in fashion trends are the key factors responsible for industry growth.

Increasing rate of population across the globe and product innovation to fulfill the need of a special type of clothing for various water sports and poolside or beachside vacations are driving the market. Growing fitness concerns among various age groups are fueling the demand for swimming as a best physical exercise. This is, in turn, paving a roadmap for the purchase of swimwear products in large number. In some of the western countries, exposing their body is a common phenomenon, which has effectively increased the sale of beachwear products in the market. Growth of beauty and spa industries and increased demand for specialty swimwear by women are also driving the swimwear and beachwear market to some extent.

Asia Pacific is anticipated to witness substantial growth owing to growing rate of population, rising health awareness among people, and product innovation, especially in developed economies. Additionally, growth in the participation rate of water sports and fitness among developing countries such as China and India at a domestic level is expected to positively influence the regional market growth.

Western countries hold a significant market share due to relative growth in the acceptance of swimwear in western European countries in recent times. Continuous increase in the expenditure on leisure goods, coupled with increasing preference for swimming as a recreational activity, is driving the market in North America. U.S dominated the market in terms of revenue in 2018, accounting for above 80% share in North America. It is estimated that on an average, an American woman alone owns four swimsuits. Most of the designer swimsuits are sold in North America due to their luxury beading, hardware features, and comfort. These are the factors that are expected to spur the market growth in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/swimwear-market

Further key findings from the study suggest:

In terms of revenue, the polyester fabric type is projected to expand at a CAGR of 7.3% over the forecast period
The women end user segment dominated the global market with an overall revenue share of 66.6% in 2018
The Swimwear market in France, Italy, Spain, Germany, and U.K. has also expanded to a great extent in the last few years.

Tactical Footwear Market Worth $2.37 Billion By 2027

The global tactical footwear market size is anticipated to reach USD 2.37 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% from 2020 to 2027. Tactical footwear is usually heavier in terms of weight compared with conventional shoes and are used by military personal, paratrooper, public safety workers, and adventure sports enthusiasts.

However, increasing technological innovation in design has been an important aspect of driving the demand for tactical footwear. For instance, in January 2018, TBL Licensing LLC launched FlyRoam tactical boots, which are built with durable leather materials and Aerocore energy system technology that features an aerodynamic design and ultra-lightweight tactical boots with enhanced cushioning.

Tactical footwear provides the wearer many benefits compared to other traditional boots, including flexibility, slip resistance, sturdy uppers, and breathability, which promote airflow to keep the feet cool during performing rigorous exercise. Most of the tactical footwear feature enhanced insole and outsole, which offers extra cushioning, traction, and flexibility and comes with a toe rand that wraps over the exterior of the shoe’s toe for added protection.

Covid-19 pandemic has affected the sales of tactical footwear adversely as people have become more focused on their buying behavior and consider avoiding buying expensive apparel and footwear. The sale of the complete footwear market has been severely impacted by the lockdown condition and supply chain disruption. According to The European Textile, Clothing, Leather, and Footwear (TCLF) Association, the disruption of supply chains, and the shutdown of retail outlets due to the Covid-19 pandemic have completely destabilized these industries. This has dramatically reduced the sales, leading to extreme contractions of revenues and financial distress among the companies.

Based on the product, the tactical boots segment led the market and accounted for 68.5% share of the global revenue in 2019. Renowned footwear manufacturers such as Adidas AG and Under Armour, Inc. have been offering innovative tactical boots with advanced attributes, which has been fueling the segment growth. For instance, in June 2019, Adidas announced the launch of a military-inspired, tactical boot called GSG9.2 Boot. The boot is made up of full-grain leather upper with water-resistant treatment and comes with the ADITUFF feature offering high abrasion resistance in the toe. Tactical boots are highly preferred by law enforcement professionals‚ military service members, private and public security personnel, and adventure aspirants looking for protection from sand‚ mud‚ water‚ difficult terrain‚ and other hazards on the ground.

By distribution channel, the offline segment dominated the market and accounted for 76.7% share of the global revenue in 2019. Physical verification and durability check of the footwear are among the prominent reasons fueling the segment growth. Tactical shoes are comparatively costlier than other shoes and come with specific features suited for various applications owing to which consumers mostly prefer to buy these products after carefully examining the making of the footwear. In addition, wide product range and offering and seasonal discounts are the key strategies opted by such offline channel stores to increase revenue and footfall in any store.

North America dominated the market for tactical footwear and accounted for 38.7% share of the global revenue in 2019. Growth in the market is powered by the strong presence of many manufacturers, including Adidas AG, 5.11 Tactical, and Maelstrom Footwear, along with a well-developed supply chain in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/tactical-footwear-market

Further key findings from the report suggest:

Asia Pacific is expected to expand at the fastest CAGR of 5.4% from 2020 to 2027. Social media marketing campaigns and growing preference for tactical footwear by law enforcement personnel are expected to drive the market in the region
The online segment is expected to witness the fastest growth throughout the forecast period. The increasing availability of a wide number of tactical footwear of different brands at a competitive price on e-retailer platforms is one of the main reasons fueling the segment growth
Tactical footwear offers many additional benefits while doing vigorous physical activities, such as comfort, extra cushioning, breathability, and slip resistance feature to maintain sure footing on ice‚ grease or slick liquids.

Vegan Women’s Fashion Market Size Worth $1,095.6 Billion By 2027

The global vegan women’s fashion market size is anticipated to reach USD 1,095.6 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.6% from 2020 to 2027. Increasing the inclination of people towards cruelty-free fashion is an important aspect of driving the demand for fashion apparel made from vegan material.

People in developed countries, especially in the U.S, the U.K., France, and Germany have become more receptive to the concepts of veganism and have been following this practice in all walks of life, including food habits and clothing. These consumers do not mind paying higher prices for vegan women’s fashion, thus fueling the growth of the market.

Enthused by the opportunity existence, companies pertaining to vegan fashion not only focus on providing the latest styles but also cater to cultural trends and burgeoning style quotient to attract a varied set of consumers through constant product launch. For instance, in August 2019, an Amsterdam-based denim brand called Kings of Indigo, announced itself to be a fully-vegan company with the launch of ‘no new cotton’ capsule collection- Re Gen, offering a limited edition of jeans and jacket collection for women, men, and kids. Such developments are expected to create a healthy demand for the product over the forecast period.

Based on the product, the vegan footwear segment led the market and accounted for 41.3% share of the global revenue in 2019. The growing popularity of animal safety among consumers has goaded established footwear manufacturers to offer elegant footwear made from natural ingredients to pique the interest of the informed customers. For instance, in November 2019, Reebok International Limited, a company owned by Adidas AG, unveiled the design for its first plant-based running shoe, called Floatride GROW. The upper part of the shoe is made primarily from eucalyptus whereas its soles are made from castor beans and natural rubber. The company had launched this design two years after it started selling a vegan version of its famed Newport Classic shoes made with cotton and corn.

By distribution channel, specialty stores dominated the market and accounted for 31.4% share of the global revenue in 2019. Wide product range, offers, and discounts attracting a larger number of consumers are the key strategies opted by such channels to increase revenue and footfall in any store. In addition, these stores keep their stores more updated with the latest vegan fashion trends in the market, thus attracting more consumers who are looking for variety in the product.

Covid-19 pandemic has affected the sales of vegan women’s fashion adversely as people have become more focused on their buying behavior and consider avoiding buying fashionable apparel or accessories. The vegan fashion market is in the burgeoning stage and has been severely impacted by the lockdown condition and supply chain disruption. According to the entrepreneur.com, the U.K. apparel sector is expected to be the worst affected with a decline of more than 41% in the usual spending by consumers since the outbreak of the coronavirus.

North America dominated the market for vegan women’s fashion and accounted for 34.6% share of the global revenue in 2019. Growth in the market is powered by the strong presence of manufacturers, including Whimsy & Row and Reformation, along with a well-developed supply chain in the region. Moreover, people in countries such as the U.S. have a large number of animal rights organizations, such as the American Society for the Prevention of Cruelty to Animals, and The Anti-Cruelty Society, which have been promoting the concept of veganism.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vegan-womens-fashion-market

Further key findings from the study suggest:

Europe is expected to expand at the fastest CAGR of 14.5% from 2020 to 2027. Social media marketing campaigns, growing preference for vegan women’s fashion apparel by millennials, and the presence of a large number of manufactures are expected to drive the market in the region. The U.K. and Germany are among the top two countries witnessing the growth of the market
The e-commerce segment is expected to emerge as the fastest distribution channel over the forecast period. The increasing availability of a wide number of vegan women’s fashion clothing and accessories of different brands at affordable prices on e-retailer platforms is one of the main factors fueling the segment growth.
The specialty store distribution channel segment held the leading revenue share in 2019. Adoption of key strategies such as offers and discounts by the market players along with the availability of a wide range of products is anticipated to attract a larger consumer base and fuel the growth of the segment
By product, the vegan footwear segment dominated the market and accounted for a share of 41.3% in 2019 as it is becoming more of a fashion statement among women. Moreover, increasing popularity of animal safety among consumers is fueling the demand for these products

Socks Market Size Worth $63.5 Billion By 2025

The global socks market size is expected to reach USD 63.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Growing demand for various footwear products, particularly athletic shoes, as a result of increasing spending among working class adults on gym training and outdoor sports activity is expected to have a positive impact on the market growth. Additionally, rising concerns over adverse effects associated with foot ulcers among diabetic patients at a global level is projected to promote the utility of advanced sock variants as a foot protective medium in the near future.

Casual variants dominated the socks market for the year 2018. Growing inclination among adults towards casual socks in new color designs as a result of new product launches by socks manufacturing companies in e-commerce portals is expected to have a positive impact on the segment growth. Furthermore, increasing awareness among the youth population of developed economies including U.K. and Germany regarding wearing socks during night in order to prevent hot flashes and improve cracked heals is expected to remain a key trend.

Asia Pacific accounted for the largest share of global revenue in 2018. Expansion of middle class income groups in emerging economies including China and India is expected to remain a key driving factor for the market. Furthermore, positive outlook towards the sports industry in countries including China, India, and Australia as a result of increasing number of sports events including Indian Premier League (IPL) and Big Bash League is expected to open new avenues over the next few years.

Key manufacturers in the industry include Nike Inc.; Puma S.E.; Adidas A.G.; Asics Corporation; Renfro Corporation; THORLO, Inc.; Hanesbrands Inc.; Balega; Drymax Technologies Inc.; and Under Armour, Inc. Companies are pursuing efforts on designing new products to increase their market share.

For instance, in 2018, Kickstarter, PBC launched 10 abstract designed socks under the brand, Say Possible. Furthermore, Black Socks SA launched premium socks collection in 2017. The company also provides subscription option where they will deliver these products at customer’s door step after a particular period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/socks-market

Further key findings from the study suggest:

Formal products accounted for more than 30.0% share of the global socks market revenue in 2018
Athletic variants are projected to ascend at a CAGR of 6.7% from 2019 to 2025
The women segment is expected to expand at the fastest CAGR of 6.7% from 2019 to 2025
Asia Pacific is expected to exhibit the fastest CAGR of 7.2% from 2019 to 2025.

Fashion Face Mask Market Worth $2.38 Billion By 2027

The global fashion face mask market size is expected to reach USD 2.38 billion by 2027, expanding at a CAGR of 22.7% over the forecast period, according to a new report by Grand View Research, Inc. Adoption of the product for different purposes ranging from a medically recommended diagnosis kit to a fashionable protective face cover is a major factor driving the market.

The spread of coronavirus worldwide has set the tone for the face mask industry with surge in demand for different products. This has also encouraged many manufacturers, such as Vogmask and Respro, to ramp up their production capacity as well as improvise the supply change strategies to cater to the unprecedented spike in the demand for both medical- and consumer-grade products.

Celebrities, social media influencers, and fashion designers have been instrumental in driving the product demand. For instance, in February 2018, the New York Fashion Week party host and social media influencer Esther Berg flaunted a white colored mask with crafted design. Similarly, in 2014, many designers incorporated trendy pollution-blocking masks with sportswear collection during a China Fashion Week show.

Based on product, anti-pollution mask held the largest share of 66.1% in 2019. Increasing awareness regarding the harmful effects of air pollution among consumers is fueling the segment growth. According to the World Health Organization estimations, close to 4.2 million people die every year from exposure to air pollution globally. Consumers have been opting for stylish and comfortable face masks, which can protect them from pollution and other diseases without compromising on aesthetic appeal.

Asia Pacific emerged the largest regional market, accounting for a share of more than 30.0% in 2019. Increasing concerns over air pollution is one of the main factors driving the product demand in the region. As per the 2019 report released by IQAir, a group that conducts surveys pertaining to air pollution worldwide, close to 80% of the world’s top 20 populated cities are located in China and India. Deteriorating quality of air has been increasing the regional product demand.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fashion-face-mask-market

Further key findings from the report suggest:

Based on product, anti-pollution fashion mask accounted for the largest share of 66.1% in 2019 and is expected to maintain its lead over the forecast period
Online distribution channel is projected to expand at the fastest CAGR of 22.8% from 2020 to 2027. Wide range of products, special pricing, and great discounts offered by the online retailers are enhancing the segment growth
North America is anticipated to be the second fastest growing regional fashion face mask market with a CAGR of 22.6% from 2020 to 2027. A large number of companies in the region are focusing on manufacturing air filtration masks, which are engineered for both fashion and function
Major manufacturers are adopting various strategies for entering into new markets. For instance, in 2016, Vogmask, a U.S.-based company, partnered with fashion designer Manish Arora to offer a new range of trendy masks in the Indian market

Sustainable Footwear Market Worth $11.8 Billion By 2027

The global sustainable footwear market size is expected to reach USD 11.8 billion by 2027, expanding at a CAGR of 5.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. The market growth is attributed to the advancements and innovations pertaining to sustainable production methods and materials, along with functionality and comfort of footwear without compromising on the appeal.

Growing awareness among consumers, increasing education levels, social influences, and preference for sustainable products are anticipated to bode well for the market. Millennials and Gen X are more inclined towards individualized products. Young consumers want unique and customized products.

Footwear brands and companies are engaged in retaining their customers by practicing sustainable business practices across manufacturing and supply chain. 68% of consumers consider sustainability to be a driving factor, and hence a part of final purchase.

The sustainable footwear market is segmented into athletic and non-athletic footwear. Athletic shoe is gaining importance, and hence the innovations and developments made by the brands are necessary. Nike is perpetually on the top list in sustainable sportswear as it launched sustainable sneakers made of Flyknit material, which is made from 50% recycled fibre.

Many leading global players such as New Balance, Adidas, Nike, and Reebok have changed their way of production to be eco-friendlier. The current practice involves tackling plastic pollution via recycling. For instance, Vivobarefoot designed a line of shoes that is made of recycled bottles and Converse Renew collection uses 100% recycled plastic bottles for its shoes.

Asia Pacific dominated the market in 2019 and is expected to maintain its lead over the forecast period. Increasing disposable income, growing influence of latest fashion trends, and rapid urbanization are the key factors driving the market in Asia Pacific.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/sustainable-footwear-market

Further key findings from the report suggest:

By type, the non-athletic footwear accounted for the largest share of the overall revenue in 2019
Based on end user, the men segment held the largest share in 2019
Asia Pacific dominated the market in 2019 and is expected to maintain its lead over the forecast period. China and India, the two most populous countries, offer a huge marketplace for the big players to tap into
Some of the key players operating in the global market are Tropicalfeel, Adidas group, Nike, New Balance, Rothy’s, Veja, Reformation, Nisolo, native shoes, Matisse footwear, Amour Vert, and Threads 4 thought.

Resistance Bands Market Worth $1.62 Billion By 2025

The global resistance bands market size is expected to reach USD 1.62 billion by 2025, expanding at a CAGR of 12.4% over the forecast period according to a new report by Grand View Research, Inc. Rising awareness for the fit and healthy lifestyle among millennials with a cost-effective fitness product which can be accessible in the least amount of space is the key factor for the augmented sales of resistance bands in the market. In addition to this, increasing applications of these bands such as in the rehabilitation centers, sports, and medical field across the globe is propelling the demand for resistance bands.

Over the past few years, exercise with these resistance bands has become one of the effective ways of functional training, which helps to gain body flexibility, muscle endurance, agility and it helps to boost cardio fitness too. These exercise bands are also beneficial for improving the body’s metabolism and hence widely used for weight management by many of the therapists. In addition, some of the physical therapists provide the resistance band training to arthritis. These factors are expected to expand the market scope of exercise resistance bands over the forecast period.

Health organizations across the globe are taking initiatives to decrease the rising physical inactivity in the millennials and the adults. According to a health and wellness journal ‘The Lancet Global Health’ published in September 2018, around 28% of the world population which is approximately 1.4 billion people in the world are inactive. In order to reduce this inactivity, WHO is set to reduce physical inactivity by 10% by 2025 and 15% by 2030 as per the new ‘Global Action Plan.

North America was the largest market for resistance bands with a share of more than 35% in 2018. The increased importance of fitness management programs among millennials in countries such as the U.S. and Canada as a result of rising health awareness from social media channels including YouTube and Facebook is expected to promote the resistance bands market scope of over the next eight years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/resistance-bands-market

Further key findings from the report suggest:

Asia Pacific is anticipated to be the fastest-growing market with a CAGR of 13.0% from 2019 to 2025 owing to increasing awareness towards the healthy and for lifestyle among the millennials and the working-class population in emerging economies including China and India.
Exercise bands were the largest product segment with a market share of more than 50% in 2018. This segment is expected to witness growth as a result of the increased utility of these products among fitness freak people in their daily workouts.
The online sales channel is the fastest-growing market segment with a CAGR of 12.8% from 2018 to 2025 owing to convenience and ease of shopping associated with the channel.
Key market players include Performance Health, LLC (TheraBand), Wacces Store, Black Mountain Products Inc., Prosource, ZAJ FIT, XTREMEBANDS, Bodylastics USA Inc., Four D Rubber Co Ltd, and Fitness Anywhere LLC