Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Speed Bags Market by Type (Heavy Bags, Speed Bags), By Application (Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Speed Bags Market by Type (Heavy Bags, Speed Bags), By Application (Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 306658 4200 Consumer Goods 377 244 Pages 4.9 (36)
                                          

Market Overview:


The global speed bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fitness and training equipment, rising awareness about the benefits of using speed bags, and growing popularity of boxing and other combat sports. The global speed bags market can be segmented on the basis of type into heavy bags and speed bags. On the basis of application, it can be segmented into fitness studios and gyms, training and sports centers, schools and universities, others (including military establishments). The North American region is expected to account for a major share in terms of revenue in the global Speed Bags Market during 2018-2030 owing to factors such as high disposable income levels among consumers coupled with an increasing trend towards health & fitness across this region.


Global Speed Bags Industry Outlook


Product Definition:


A speed bag is a small, air-filled bag that is attached to a platform and used to improve hand speed, accuracy, and power. The importance of speed bags lies in the fact that they help increase hand speed and coordination.


Heavy Bags:


Heavy bags are designed to carry more weight than Speed Bags. They can be used for multiple purposes such as self-defense, sports training and fitness activities, home gym equipment or just for fun. The product is gaining popularity among consumers due to its features including high strength and durability along with extra cushioning which provides comfort during exercise.


Speed Bags:


Speed bags are small, lightweight, and flexible targets that can be used to improve hand-eye coordination. They are usually made of leather or heavy fabric and come in various sizes. The bag is filled with sand or air and then hit with a mallet for increased momentum. It helps develop accuracy, power, rhythm, speed as well as timing in the process of improving the player's overall game.


Application Insights:


The fitness studios and gyms application segment led the global speed bags market in 2017. This is attributed to a rise in demand for speed bag training as part of a fitness routine at health clubs, sports centers, and other similar facilities. Furthermore, rising demand for high-intensity interval training (HIIT) has also positively influenced the growth of this segment.


The schools and universities application segment is expected to witness significant growth over the forecast period owing to an increase in student enrollment across various countries including China, India, Brazil etc., which has resulted in an increased need for new classrooms or school buildings which require construction work at lightning speeds. In addition, governments are encouraging educational institutions/schools to install these bags as part of physical education curriculum so that students learn proper technique early during their career life. These factors are anticipated to drive product demand over the coming years.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for speed bags from fitness studios and gyms, as well as schools and universities. In addition, rising popularity of outdoor activities such as hiking and cycling is anticipated to fuel product demand in North America over the forecast period.


Asia Pacific is expected to witness significant growth over the coming years owing to increasing number of commercial spaces such as offices, malls, clubs and restaurants that are investing in gym facilities for their employees or members. This will lead to increased adoption of speed bags by application during workouts at these commercial spaces which would drive regional market growth over the projected time frame. Moreover, growing interest among children & teenagers towards sports activities including football has led them using speed bags for practice purpose thereby driving product sales across this region significantly higher than other regions during 2016-2017 timeframe (as per a survey conducted by Adidas).


Growth Factors:


  • Increasing demand for speed bags in the fitness industry as a means to improve overall fitness and conditioning.
  • Growing popularity of boxing and other martial arts disciplines that use speed bags as part of their training regimen.
  • Increased availability of affordable, quality speed bags through online retailers and sporting goods stores.
  • Advances in materials technology that have led to the development of more durable, longer lasting speed bags.
  • The increasing popularity of Crossfit-style workouts, which often incorporate speed bag training into their routines

Scope Of The Report

Report Attributes

Report Details

Report Title

Speed Bags Market Research Report

By Type

Heavy Bags, Speed Bags

By Application

Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others

By Companies

Everlast, Century llc, Ringside, Maxxmma, Outslayer, Cleto Reyes, RDX Sports, Title Boxing, AQUA TRAINING BAG, Balazs Fitness, Everlast

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

244

Number of Tables & Figures

171

Customization Available

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


Global Speed Bags Market Report Segments:

The global Speed Bags market is segmented on the basis of:

Types

Heavy Bags, Speed Bags

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

Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others

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. Everlast
  2. Century llc
  3. Ringside
  4. Maxxmma
  5. Outslayer
  6. Cleto Reyes
  7. RDX Sports
  8. Title Boxing
  9. AQUA TRAINING BAG
  10. Balazs Fitness
  11. Everlast

Global Speed Bags Market Overview


Highlights of The Speed Bags 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. Heavy Bags
    2. Speed Bags
  1. By Application:

    1. Fitness Studios and Gyms
    2. Training and Sports Centers
    3. Schools and Universities
    4. Others
  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 Speed Bags 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.

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Global Speed Bags 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?


Speed Bags are a type of airbag that deploys from the front or side of a vehicle in the event of an accident. They help protect people by deploying quickly and helping to reduce injuries.

Some of the major companies in the speed bags market are Everlast, Century llc, Ringside, Maxxmma, Outslayer, Cleto Reyes, RDX Sports, Title Boxing, AQUA TRAINING BAG, Balazs Fitness, Everlast.

The speed bags market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Speed Bags 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 Speed Bags Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Speed Bags 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 Speed Bags 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 Speed Bags Market Size & Forecast, 2020-2028       4.5.1 Speed Bags Market Size and Y-o-Y Growth       4.5.2 Speed Bags Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Heavy Bags
      5.2.2 Speed Bags
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Fitness Studios and Gyms
      6.2.2 Training and Sports Centers
      6.2.3 Schools and Universities
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Speed Bags 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 Speed Bags 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Heavy Bags
      9.6.2 Speed Bags
   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  Market Size Forecast by Applications
      9.10.1 Fitness Studios and Gyms
      9.10.2 Training and Sports Centers
      9.10.3 Schools and Universities
      9.10.4 Others
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Heavy Bags
      10.6.2 Speed Bags
   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  Market Size Forecast by Applications
      10.10.1 Fitness Studios and Gyms
      10.10.2 Training and Sports Centers
      10.10.3 Schools and Universities
      10.10.4 Others
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Heavy Bags
      11.6.2 Speed Bags
   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  Market Size Forecast by Applications
      11.10.1 Fitness Studios and Gyms
      11.10.2 Training and Sports Centers
      11.10.3 Schools and Universities
      11.10.4 Others
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Heavy Bags
      12.6.2 Speed Bags
   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  Market Size Forecast by Applications
      12.10.1 Fitness Studios and Gyms
      12.10.2 Training and Sports Centers
      12.10.3 Schools and Universities
      12.10.4 Others
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Heavy Bags
      13.6.2 Speed Bags
   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)  Market Size Forecast by Applications
      13.10.1 Fitness Studios and Gyms
      13.10.2 Training and Sports Centers
      13.10.3 Schools and Universities
      13.10.4 Others
   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 Speed Bags Market: Competitive Dashboard
   14.2 Global Speed Bags Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Everlast
      14.3.2 Century llc
      14.3.3 Ringside
      14.3.4 Maxxmma
      14.3.5 Outslayer
      14.3.6 Cleto Reyes
      14.3.7 RDX Sports
      14.3.8 Title Boxing
      14.3.9 AQUA TRAINING BAG
      14.3.10 Balazs Fitness
      14.3.11 Everlast

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