Jump Ropes Market Report Overview
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The global jump ropes market size was USD 1.955 billion in 2021. As per our research, the market is expected to reach USD 2.620 billion in 2031, exhibiting a CAGR of 3.3% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with jump ropes experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
A jump rope, also known as a skipping rope, is a device used in the jump rope sport, in which one or more competitors jump over a rope that has been swung such that it passes beneath their feet and over their heads. Skipping/jump rope has many variations, including single freestyle, single speed, pairs, three-person speed (Double Dutch), and three-person freestyle (Double Dutch freestyle).
The turners should be spaced apart comfortably, and the rope should be long enough to effortlessly pass over the jumper's or jumpers' heads. Standing between the turners, leap. Place the rope to the right or left of your feet while facing one of them. When the rope reaches your opposite side, jump when they throw it over your head. The rise in demand for jumping ropes among those looking to maintain their health and fitness can be due to growing awareness of the advantages of jumping rope.
COVID-19 Impact: Strain on Demand and Supply Chain Due to Pandemic to Hamper Market Growth
The jump ropes industry's whole supply chain has been badly damaged by the COVID-19 epidemic. The jump ropes market has been impacted by the suspension of production and end-use sector operations. The COVID-19 pandemic's sudden spread had resulted in the imposition of strict lockdown laws across various nations, which had a negative impact on the industry's overall growth. Jump rope import and export activities were disrupted as a result. Three key ways in which COVID-19 had an impact on the world economy were through direct impact on supply and demand, supply chain and market disruption, and financial impact on businesses and financial markets.
Latest Trends
"Cost Efficiency of the Product to Fuel Market Growth"
People of all ages and fitness levels can utilize jumping ropes since they are a low-cost, high-value fitness item. Jumping rope is an aerobic activity that strengthens the heart and burns calories. Jumping rope is a terrific way to keep in shape during the winter when outdoor activities are restricted by the weather or to get in shape for the summer.
Jump Ropes Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into automatic counting jump ropes and traditional jump ropes.
In terms of product, traditional jump ropes are the largest segment.
- By Application Analysis
Based on application, the market can be divided into household, gym and school.
In terms of application, gym is the largest segment.
Driving Factors
"Application of the Product as a Sport to Help Market Gain Fame"
Jump rope is frequently practiced as an exercise or leisure activity, and a number of significant organizations encourage jump rope as a competitive sport. Events feature hundreds of competitive teams from throughout the world, frequently divided by sex and age. School jump rope teams are uncommon in many countries, and only a few states have approved primary school-level competitions. In freestyle competitions, jumpers perform a one-minute routine using a variety of fundamental and advanced techniques. The routine is scored by a head judge, content judges, and performance judges.
"Ancient Benefits of Skipping to Promote Market Growth"
Jump rope is an annual competitor in the AAU Junior Olympic Games and is a member of the Amateur Athletic Union. Tiny vinyl cords are used to make speed jump ropes. Because they will quickly deteriorate on concrete or other harsh surfaces, they are better used indoors. Jumping ropes are a cheap piece of exercise equipment that can be used for a quick workout anytime, anywhere and don't require any additional equipment beyond the jump rope itself. As shown by the representations on Egyptian tombs, the jump rope has been around since antiquity.
Restraining Factors
"Health Risks Involved in Use of Jumping Rope to Impede Market Expansion"
Jumping rope is a fantastic joint exercise, but it comes with certain dangers. Jumping rope can be very taxing on the knees and other joints, which can hasten their deterioration. Jumping rope might not be the best exercise for someone who already has joint problems. If someone is still interested in giving it a try, they must be careful to go slowly and safely, and they must always seek medical advice before beginning any new fitness regimen. This is anticipated to boost jump ropes market growth.
Jump Ropes Market Regional Insights
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"North America to Dominate the Market Due to Numerous Manufacturers"
Jump rope sales are primarily concentrated in North America and owns largest jump ropes market share. The region's rising demand is mostly due to the presence of numerous manufacturers who released their products with cutting-edge features to draw consumers. Furthermore, North America is home to a sizable population of athletes who participate in sports and manufacture the equipment used in these competitions.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- SPRI (U.S.)
- Fitness Gear (U.S.)
- Reebok (U.S.)
- GoFit (Indonesia)
- Nike (U.S.)
- UFC (U.S.)
- SKLZ (U.S.)
- All Pro Exercise (U.S.)
- Body-Solid (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1.955 Billion in 2021 |
Market Size Value By |
US$ 2.62 Billion by 2031 |
Growth Rate |
CAGR of 3.3% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global jump ropes market expected to touch by 2031?
The global jump ropes market is expected to touch USD 2.620 billion in 2031.
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What CAGR is the jump ropes market expected to exhibit during 2022-2031?
The jump ropes market is expected to exhibit a CAGR of 3.3% over 2022-2031.
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Which are the driving factors of the jump ropes market?
Application of the product as a sport and ancient benefits of skipping are the driving factors of the jump ropes market.
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Which are the top companies operating in the jump ropes market?
SPRI, Fitness Gear, Reebok, GoFit, Nike, UFC, SKLZ, All Pro Exercise, Body-Solid, Everlast, Gaiam, Harbinger, Rage, Tandem, Champion Sports, Buddy Lee, BSK, Dimart, Lerela Ropes, Olympia Sports are the top companies operating in the jump ropes market.