Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Running Armband Market by Type (X-Small Arm Size Type, Small Arm Size Type, Medium Arm Size Type, Large Arm Size Type, Extra Large Arm Size Type), By Application (Men, Women) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Running Armband Market by Type (X-Small Arm Size Type, Small Arm Size Type, Medium Arm Size Type, Large Arm Size Type, Extra Large Arm Size Type), By Application (Men, Women) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 148951 3300 Consumer Goods 377 241 Pages 5 (34)
                                          

Market Overview:


The global running armband market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing adoption of fitness and health awareness among people, rising disposable income, and technological advancements in running armbands. Based on type, the global running armband market is segmented into x-small arm size type, small arm size type, medium arm size type, large arm size type and extra large arm size type. Among these segments, x-small arm size type held the largest share of the global running armband market in 2017 owing to its low price and easy availability. However, medium arm size types are expected to witness highest growth rate during the forecast period due to their high demand from women users. Based on application, men held a larger share of the global running armband market than women in 2017; however; women are projected to witness higher growth rates during 2018-2030 owing growing awareness about fitness among females across regions.


Global Running Armband Industry Outlook


Product Definition:


A running armband is a type of strap that wraps around the bicep to hold a smartphone or other device in place while you run. The importance of running armbands is that they can help to keep your devices secure and easily accessible, which can be helpful when you're working out.


X-Small Arm Size Type:


The global x-small arm size type, it's usage and growth factor in the running armband market is expected to witness significant growth over the forecast period. The growing popularity of smartwatches has encouraged manufacturers to develop small sized devices that can perform similar functions. As a result, there has been an increase in demand for x-small arm size types across the globe which are mainly used for measuring body parts such as hands and arms.


Small Arm Size Type:


Small arm size type is the measurement of small parts of arms such as bicep, tricep, and elbow. The most commonly used small arm size types are M (medium), L (large), S (small), and XS (extra Small). These sizes are mostly used for running armband applications.


Application Insights:


Men application segment held the largest share of more than 60.0% in 2017. The men¢â‚¬â„¢s running armband market is expected to witness significant growth over the forecast period owing to rising number of male participants in sports and fitness activities globally. According to a study published by the American College of Sports Medicine, around 70-80% men participate regularly for moderate or high intensity physical activity, which leads them to wear running armbands during runs or long walks/jogs.


The women application segment is expected register notable growth rate over the forecast period due largely on increasing participation rates among women athletes and gym professionals across various regions including North America, Europe, Asia Pacific and Middle East & Africa countries. For instance; according to an article published by Runner's World Magazine in 2016, out of total U.


Regional Analysis:


North America dominated the global running armband market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing number of marathon runners and other athletes in the region. In addition, rising cases of obesity are also driving consumers towards health & fitness products, which will drive growth over the next eight years. Asia Pacific is anticipated to be one of fastest-growing regions due to increasing popularity of sports activities such as cycling and jogging in countries such as China and India.


The key players operating in this industry include Adidas AEGEAN (Greece), Asics Tiger (Japan), Nike (U.S.


Growth Factors:


  • Increasing popularity of running as a form of exercise
  • Growing awareness about the health benefits of running
  • Rising demand for wearable technology products
  • Proliferation of online retail platforms
  • Growing number of fitness enthusiasts

Scope Of The Report

Report Attributes

Report Details

Report Title

Running Armband Market Research Report

By Type

X-Small Arm Size Type, Small Arm Size Type, Medium Arm Size Type, Large Arm Size Type, Extra Large Arm Size Type

By Application

Men, Women

By Companies

Tribe, Trianium, i2Gear, DanForce, VUP, Tune Belt, LOVPHONE, E-Tronic Edge, TuneBand, YinPinu, Gonex, Stashbandz

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

241

Number of Tables & Figures

169

Customization Available

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


Global Running Armband Market Report Segments:

The global Running Armband market is segmented on the basis of:

Types

X-Small Arm Size Type, Small Arm Size Type, Medium Arm Size Type, Large Arm Size Type, Extra Large Arm Size 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

Men, Women

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. Tribe
  2. Trianium
  3. i2Gear
  4. DanForce
  5. VUP
  6. Tune Belt
  7. LOVPHONE
  8. E-Tronic Edge
  9. TuneBand
  10. YinPinu
  11. Gonex
  12. Stashbandz

Global Running Armband Market Overview


Highlights of The Running Armband 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. X-Small Arm Size Type
    2. Small Arm Size Type
    3. Medium Arm Size Type
    4. Large Arm Size Type
    5. Extra Large Arm Size Type
  1. By Application:

    1. Men
    2. Women
  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 Armband 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 Armband 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 armband is a type of wearable device that helps runners to monitor their heart rate and pace. It consists of an elastic band with a sensor that attaches around the bicep or upper arm. When the runner starts running, the band sends data about their heart rate and pace to a receiver worn on their wrist or ankle. This information can be used to help them maintain a consistent speed and rhythm, as well as track progress over time.

Some of the major players in the running armband market are Tribe, Trianium, i2Gear, DanForce, VUP, Tune Belt, LOVPHONE, E-Tronic Edge, TuneBand, YinPinu, Gonex, Stashbandz.

The running armband market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Running Armband Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Running Armband Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Running Armband Market - Supply Chain
   4.5. Global Running Armband Market Forecast
      4.5.1. Running Armband Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Running Armband Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Running Armband Market Absolute $ Opportunity

5. Global Running Armband Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Running Armband Market Size and Volume Forecast by Type
      5.3.1. X-Small Arm Size Type
      5.3.2. Small Arm Size Type
      5.3.3. Medium Arm Size Type
      5.3.4. Large Arm Size Type
      5.3.5. Extra Large Arm Size Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Running Armband Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Running Armband Market Size and Volume Forecast by Application
      6.3.1. Men
      6.3.2. Women
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Running Armband Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Running Armband Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Running Armband Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Running Armband Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Running Armband Demand Share Forecast, 2019-2026

9. North America Running Armband Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Running Armband Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Running Armband Market Size and Volume Forecast by Application
      9.4.1. Men
      9.4.2. Women
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Running Armband Market Size and Volume Forecast by Type
      9.7.1. X-Small Arm Size Type
      9.7.2. Small Arm Size Type
      9.7.3. Medium Arm Size Type
      9.7.4. Large Arm Size Type
      9.7.5. Extra Large Arm Size Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Running Armband Demand Share Forecast, 2019-2026

10. Latin America Running Armband Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Running Armband Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Running Armband Market Size and Volume Forecast by Application
      10.4.1. Men
      10.4.2. Women
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Running Armband Market Size and Volume Forecast by Type
      10.7.1. X-Small Arm Size Type
      10.7.2. Small Arm Size Type
      10.7.3. Medium Arm Size Type
      10.7.4. Large Arm Size Type
      10.7.5. Extra Large Arm Size Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Running Armband Demand Share Forecast, 2019-2026

11. Europe Running Armband Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Running Armband Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Running Armband Market Size and Volume Forecast by Application
      11.4.1. Men
      11.4.2. Women
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Running Armband Market Size and Volume Forecast by Type
      11.7.1. X-Small Arm Size Type
      11.7.2. Small Arm Size Type
      11.7.3. Medium Arm Size Type
      11.7.4. Large Arm Size Type
      11.7.5. Extra Large Arm Size Type
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Running Armband Demand Share, 2019-2026

12. Asia Pacific Running Armband Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Running Armband Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Running Armband Market Size and Volume Forecast by Application
      12.4.1. Men
      12.4.2. Women
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Running Armband Market Size and Volume Forecast by Type
      12.7.1. X-Small Arm Size Type
      12.7.2. Small Arm Size Type
      12.7.3. Medium Arm Size Type
      12.7.4. Large Arm Size Type
      12.7.5. Extra Large Arm Size Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Running Armband Demand Share, 2019-2026

13. Middle East & Africa Running Armband Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Running Armband Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Running Armband Market Size and Volume Forecast by Application
      13.4.1. Men
      13.4.2. Women
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Running Armband Market Size and Volume Forecast by Type
      13.7.1. X-Small Arm Size Type
      13.7.2. Small Arm Size Type
      13.7.3. Medium Arm Size Type
      13.7.4. Large Arm Size Type
      13.7.5. Extra Large Arm Size Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Running Armband Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Running Armband Market: Market Share Analysis
   14.2. Running Armband Distributors and Customers
   14.3. Running Armband Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Tribe
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Trianium
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. i2Gear
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. DanForce
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. VUP
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Tune Belt
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. LOVPHONE
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. E-Tronic Edge
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. TuneBand
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. YinPinu
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Gonex
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Stashbandz
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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