Strength Training Equipment Market Grow with a CAGR of 5.23% through 2030F
The global Strength Training Equipment market is driven by rising health consciousness, increasing fitness
trends, growing awareness of strength training benefits, and a surge in home
workouts.
According to
TechSci Research report, “Strength Training Equipment Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the global Strength Training Equipment market stood at USD 16.23 billion in 2024 and is expected to
grow USD 27.34 billion by 2030 with a CAGR of 5.23%
during the forecast period. The global Strength Training Equipment
market is experiencing significant growth owing to the influence of social
media across the globe. Platforms like Instagram, YouTube, and TikTok have
become essential tools for fitness influencers and enthusiasts to share workout
routines, tips, and product recommendations. As these influencers promote
strength training and showcase equipment usage, they encourage their followers
to invest in similar products. Social media's ability to reach a global
audience has made fitness trends, including strength training, more accessible
and popular. Users are exposed to various types of strength training equipment
through tutorials, challenges, and transformation stories, which increases
consumer interest and purchase intent. The ability to share personal fitness
journeys and results on social media also creates a sense of community, further
motivating individuals to invest in quality strength training equipment to
achieve their fitness goals.
The global Strength
Training Equipment market is driven by technological advancements. With the
rise of smart fitness equipment, many strength training tools now feature
integrated technologies like digital tracking, performance monitoring, and
real-time feedback. These innovations allow users to track metrics such as
weight lifted, repetitions, and calories burned, enhancing the workout
experience. Also, some strength training machines are now equipped with
artificial intelligence (AI) to provide personalized workout programs based on
an individual's progress and fitness level. Wearable devices, such as
smartwatches and fitness trackers, can now sync with equipment to further
enhance data accuracy and help users optimize their training. These
technological improvements appeal to consumers who seek a more interactive,
data-driven approach to strength training, driving demand for advanced,
tech-integrated fitness equipment in both home and commercial gyms.
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"Global Strength Training Equipment Market”
The global Strength
Training Equipment market is segmented into equipment type, end user,
distribution channel, and region.
Based on the equipment
type, the benches segment is the fastest growing in the global Strength
Training Equipment market, due to their
versatility and essential role in various strength training exercises. Benches,
including flat, incline, and decline models, are integral for performing
exercises such as bench presses, dumbbell workouts, and other resistance
training routines. As fitness trends evolve, both commercial gyms and home
fitness enthusiasts increasingly seek space-efficient, multifunctional
equipment. Benches are relatively affordable and cater to a wide range of
exercises, making them a popular choice for people looking to build muscle and
improve strength. Also, the rise of home gyms, where space-saving and
multipurpose equipment are in high demand, further contributes to the rapid
growth of the benches segment in the strength training market.
Based on the
region, Asia-Pacific is the fastest-growing region in the global Strength
Training Equipment market, driven by rapid urbanization, rising disposable
incomes, and a growing middle class. Increasing health awareness and the
popularity of fitness trends such as bodybuilding, CrossFit, and weightlifting
are fueling demand for strength training equipment in countries like China,
India, and Japan. The region is also experiencing a surge in the number of
fitness centers and home gym setups, further boosting market growth. Also, the
adoption of digital fitness solutions, such as smart equipment and wearable
devices, is gaining traction among consumers seeking more personalized training
experience. As fitness culture becomes more mainstream, the Asia-Pacific region
is poised for significant growth in the strength training equipment market.
Major companies
operating in the global Strength Training Equipment market are:
- Life
Fitness
- Technogym S.p.A.,
- Johnson Health Tech Trading, Inc.,
- True Fitness Technology, Inc.’s
- Fitness Masters
- York Fitness
- Hoist Fitness Systems, Inc.
- Pro Gym Supply, Inc.
- Powerblock, Inc.
- Precor Incorporated
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“The global Strength
Training Equipment market is expected to growth in the upcoming years owing to
the increasing health consciousness across the globe. As people become more
aware of the importance of physical fitness for overall health, there is a
growing demand for strength training equipment. Regular strength training helps
improve muscle mass, metabolism, and bone density, and it also reduces the risk
of chronic diseases like obesity, heart disease, and diabetes. This heightened
awareness is motivating individuals to invest in both home gym equipment and
memberships at fitness centers. Also, the focus on preventive healthcare and
well-being has resulted in more people incorporating strength training into
their daily fitness routines, contributing to the market's expansion,” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
"Strength Training
Equipment Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Equipment Type (Weights,
Benches, Medicine Ball, Rack, Others), By End User (Residential, Commercial),
By Distribution Channel (Store-Based, Non-Store Based), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global
Strength Training Equipment market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the global Strength
Training Equipment market.
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