Home Weight Lifting The Weight Lifting Belt Market Size, Share, Trends and Forecast to 2027....

The Weight Lifting Belt Market Size, Share, Trends and Forecast to 2027. – Hunter Women’s Chronicle

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Weight lifting is a recreational and professional exercise that requires an individual maintain body tension in order to exert force and apply joint torque, generate power, transfer momentum, and improve athletic performance. A weight belt unit is worn around the torso to help stabilize the spine and other valuable close-range extremities from injury. This research provides a comprehensive analysis of key players that are currently producing weight lifting belts including global market trends, pricing patterns, market size forecast and the opportunities emerging regions have.

Weight Lifting Belt market size

The weight lifting belt market is estimated to grow at a CAGR of 9.8% over the forecast period, as the number of users owing to rising demand and strong economic growth are driving an increasing market share.

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Weight Lifting Belt Industry Forecast

The weight lifting belt market size is set to reach USD 391.9 Million by 2027, at a CAGR of 5.73% between 2017 and 2027 With a whole lot of information available, I’ve narrowed this category down a bit. There is a projected 2 year LY revenue given the weight lifting marketplace is expected to reach $7.69 billion by 2027. That’s a compound annual growth rate (CAGR) of 4%. The number of companies in this industry has been going up over the last half decade and market share concentration amongst them is still at the small level of 10%.

Key Topics Covered: Size of the weight lifting belt opportunity

The weight lifting belt market size is expected to reach USD 2.44 billion by 2027, growing at a CAGR of 5.9% from 2018 to 2022. The weights belts incorporate elastic and supportive materials on the inside that are designed to hold and support the muscles, so they don’t have to work as hard when lifting heavier weights.

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The Five Forces that are Impacting the weight lifting belts industry

The opportunities of weight lifting holders marketplace are increasing. It is all because the raw materials used to make such devices are sturdy and require less maintenance. These strong materials provide the assurance that consumers can use a weight lifting belt for more than a year without experiencing any adverse effects. This factor is helping to boost the overall market demand of goods.

Weight lifting tools market size, Share and Trends to 2027

The Weight Lifting Belt (WB) market size reached USD 44.59 billion in 2018 and is expected to reach USD 48.22 billion by the end of 2027. Reebok, adidas, and Under Armour compete in the weight lifting belt market. One of the problems for this industry is a lack of gender equity. Women are less likely to use weight belts when doing weightlifting as many don’t trust them to protect their pelvic bones.

 


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