Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Running Belts & Armbands Market by Type (Men Type, Women Type), By Application (Professional, Amateur) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Running Belts & Armbands Market by Type (Men Type, Women Type), By Application (Professional, Amateur) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 278096 4200 Consumer Goods 377 237 Pages 4.7 (47)
                                          

Market Overview:


The global running belts & armbands market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for running belts and armbands from professional as well as amateur runners. Additionally, rising awareness about the health benefits associated with running is also propelling the growth of this market. On the basis of type, men type segment accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to growing popularity of men’s health and fitness products among male population across globe. However, women type segment is projected to grow at a higher CAGR owing to increasing number of women participants in various running events across different geographies. Based on application, professional runners segment held majority share in 2017 and is anticipated witness highest growth rate over next decade due high adoption rates by athletes and sportspersons for training purposes or competitions .


Global Running Belts & Armbands Industry Outlook


Product Definition:


A running belt is a piece of gear worn around the waist to store small personal belongings while running. This can include items such as keys, cards, money, and phones. Running belts come in a variety of sizes and designs, but all serve the same purpose: to keep your hands free while you're working out.


An armband is similar to a running belt but is designed to be worn on the arm instead of around the waist. Armbands are perfect for holding phones or music players when you're working out, as they allow you to keep your hands free without having to carry anything in your pockets.


Men Type:


Men type is the most commonly used sensors in running belts and armbands. It accounts for more than 50% of the market share. The growth factor can be attributed to men being the largest consumer segment of these devices, followed by women and children.


Women Type:


Women type is a device that helps to measure the strength of women athletes during their menstrual cycle. It does this by measuring the amount of oxygen consumed and carbon dioxide produced by the body during physical activity. The data collected is then used to calculateVO2 max, which isthe maximum oxygen uptake possible under normal conditions.


Application Insights:


The professional application segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing number of ultra-marathon runners and gym-goers across the globe. Professional athletes including boxers, tennis players, cyclists, swimmers and football players often use these products to improve their performance during training or competition. Rising popularity among professional athletes is also a key factor driving product demand in this segment.


Professional running belts are primarily used by endurance athletes for strength training while running or jogging as it provides support to various muscle groups thereby improving overall performance during long distance runs or cycling tours. These belts have built-in sensors that measure stride length, cadence and calories burnt which helps track fitness levels post completion of a workout session thus encouraging users to continue regular workouts leading to increased product adoption over the forecast period.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing participation in sports and fitness activities, high disposable income of consumers, and rising adoption of health clubs across U.S., Canada, and Mexico. Asia Pacific is anticipated to witness significant growth over the next eight years owing to growing popularity of various sports including track & field, marathon running, road racing (cycling), triathlon swimming & cycling events among others across countries such as China Japan India Australia New Zealand South Korea Thailand Singapore Indonesia Malaysia Philippines Vietnam Brazil Colombia etc’such a rise that it has become one of the most lucrative markets for global companies operating in this industry such as Nike Inc.; Under Armour Inc.; Adidas AG; Asics Ltd; Puma Suede Shoes GmbH; Reebok International Ltd.


Growth Factors:


  • Increasing popularity of running as a form of exercise
  • Growing awareness about the health benefits of running
  • Rising number of runners and fitness enthusiasts
  • Technological advancements in running belts and armbands that make them more comfortable and functional
  • Increased marketing and promotional activities by leading players in the market

Scope Of The Report

Report Attributes

Report Details

Report Title

Running Belts & Armbands Market Research Report

By Type

Men Type, Women Type

By Application

Professional, Amateur

By Companies

Nike, FlipBelt, Griffin Technology, Nathan, SPIbelt, Amphipod, Giosport, Nike

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

237

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Running Belts & Armbands Market Report Segments:

The global Running Belts & Armbands market is segmented on the basis of:

Types

Men Type, Women Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Professional, Amateur

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Nike
  2. FlipBelt
  3. Griffin Technology
  4. Nathan
  5. SPIbelt
  6. Amphipod
  7. Giosport
  8. Nike

Global Running Belts & Armbands Market Overview


Highlights of The Running Belts & Armbands Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Men Type
    2. Women Type
  1. By Application:

    1. Professional
    2. Amateur
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Running Belts & Armbands Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Running Belts & Armbands Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Running belts and armbands are devices worn around the waist to help runners maintain a consistent pace. They typically consist of a band that goes around the torso and attaches at either side, or an adjustable strap that fits over the shoulder. The belt helps keep the runner's stomach in line, while the armband keeps their arms from swinging back and forth excessively.

Some of the key players operating in the running belts & armbands market are Nike, FlipBelt, Griffin Technology, Nathan, SPIbelt, Amphipod, Giosport, Nike.

The running belts & armbands market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Running Belts & Armbands Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Running Belts & Armbands Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Running Belts & Armbands Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Running Belts & Armbands Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Running Belts & Armbands Market Size & Forecast, 2018-2028       4.5.1 Running Belts & Armbands Market Size and Y-o-Y Growth       4.5.2 Running Belts & Armbands Market Absolute $ Opportunity

Chapter 5 Global Running Belts & Armbands Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Running Belts & Armbands Market Size Forecast by Type
      5.2.1 Men Type
      5.2.2 Women Type
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Running Belts & Armbands Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Running Belts & Armbands Market Size Forecast by Applications
      6.2.1 Professional
      6.2.2 Amateur
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Running Belts & Armbands Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Running Belts & Armbands Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Running Belts & Armbands Analysis and Forecast
   9.1 Introduction
   9.2 North America Running Belts & Armbands Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Running Belts & Armbands Market Size Forecast by Type
      9.6.1 Men Type
      9.6.2 Women Type
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Running Belts & Armbands Market Size Forecast by Applications
      9.10.1 Professional
      9.10.2 Amateur
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Running Belts & Armbands Analysis and Forecast
   10.1 Introduction
   10.2 Europe Running Belts & Armbands Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Running Belts & Armbands Market Size Forecast by Type
      10.6.1 Men Type
      10.6.2 Women Type
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Running Belts & Armbands Market Size Forecast by Applications
      10.10.1 Professional
      10.10.2 Amateur
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Running Belts & Armbands Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Running Belts & Armbands Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Running Belts & Armbands Market Size Forecast by Type
      11.6.1 Men Type
      11.6.2 Women Type
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Running Belts & Armbands Market Size Forecast by Applications
      11.10.1 Professional
      11.10.2 Amateur
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Running Belts & Armbands Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Running Belts & Armbands Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Running Belts & Armbands Market Size Forecast by Type
      12.6.1 Men Type
      12.6.2 Women Type
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Running Belts & Armbands Market Size Forecast by Applications
      12.10.1 Professional
      12.10.2 Amateur
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Running Belts & Armbands Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Running Belts & Armbands Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Running Belts & Armbands Market Size Forecast by Type
      13.6.1 Men Type
      13.6.2 Women Type
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Running Belts & Armbands Market Size Forecast by Applications
      13.10.1 Professional
      13.10.2 Amateur
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Running Belts & Armbands Market: Competitive Dashboard
   14.2 Global Running Belts & Armbands Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Nike
      14.3.2 FlipBelt
      14.3.3 Griffin Technology
      14.3.4 Nathan
      14.3.5 SPIbelt
      14.3.6 Amphipod
      14.3.7 Giosport
      14.3.8 Nike

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