Back Stretchers Market Growth Accelerated by Increased adoption of E-commerce Platforms
Back stretchers are medical devices used primarily to
relieve lower back pain by stretching the muscles of the back. They help the
user achieve spinal decompression, stretching the spine to take pressure off
the discs and nerves. The increasing prevalence of poor lifestyle habits and
sedentary office jobs has significantly contributed to the rising incidence of
lower back pain across the globe. This has accelerated the demand for back
stretchers as an inexpensive and convenient option for back pain relief at
home. The global Back Stretchers Market is estimated to be valued at US$ 162.2
Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
One of the major trends disrupting the back stretchers market is the rapid
growth in the e-commerce industry. Earlier, back stretchers were primarily sold
through retail specialty stores and physical therapists' clinics. However, the
proliferation of smartphones and tablets along with optimized online checkout
and payment processes have made e-commerce an attractive sales platform for
back stretcher manufacturers. Major brands like Nubax, Theraband, and Stamina
Products Inc. are heavily focusing on selling directly through their own
websites as well as marketplaces like Amazon and Flipkart. This allows
consumers to conveniently browse product options, read reviews, and have the
products delivered right at their doorsteps. The increased adoption of
e-commerce is expected to drive the overall sales volume in the back stretchers
market over the forecast period.
Segment Analysis
The global back stretchers market is dominated by the manual segment. Manual
back stretchers accounted for nearly 60% share of the overall market in 2021. Manual
stretchers offer an affordable and convenient option for back exercises at home
without the need for electricity. Their easy portability and storage have made
them a preferred choice among consumers.
Key Takeaways
The global back stretchers market is expected to witness high growth over the
forecast period, driven by the increasing prevalence of back pain and rise in
health awareness.
Regional analysis: North America currently dominates the
global market and is expected to maintain its leading position during the
forecast period. High awareness about healthcare and wellness, growing elderly
population vulnerable to back issues, and easy availability of innovative back
stretcher products are some of the key factors contributing to the region's large
share. Asia Pacific is projected to witness the fastest growth over the next
few years. Rising income levels, expanding middle class, and growing health and
fitness consciousness are boosting the demand for back stretchers in the
region.
Key players operating in the back stretchers market
are Nubax, Backbridge, Nayoya Wellness, Theraband, Chirp, LumbarTrac, Teeter
Hang Ups, Zen Health, DJO Global, Fit for Life LLC, OPTP, Gaiam, AmazonBasics,
ProsourceFit, and Stamina Products Inc. Nubax and Backbridge currently dominate
sales, helped by their wide distribution channels and innovative product
portfolio. Theraband and LumbarTrac are also expanding aggressively through new
product launches catering to varied consumer needs.
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