Strength Training Equipment Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Equipment Type;

Free Weights, Weight Machines, Resistance Bands, Kettlebells and Smith Machines

By End Use;

Home Gyms, Commercial Gyms, Health Clubs and Fitness Studios

By Material;

Steel, Plastic, Iron and Aluminum

By Distribution Channel;

Online Retail, Offline Retail and Direct Sales

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn225712365 Published Date: December, 2025 Updated Date: January, 2026

Strength Training Equipment Market Overview

Strength Training Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Strength Training Equipment Market was valued at USD 18556.75 million. The size of this market is expected to increase to USD 27902.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Strength Training Equipment Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

*Market size in USD million

CAGR 6.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)6.0 %
Market Size (2025)USD 18556.75 Million
Market Size (2032)USD 27902.49 Million
Market ConcentrationMedium
Report Pages372
18556.75
2025
27902.49
2032

Major Players

  • Precor Incorporated
  • Life Fitness (KPS Capital)
  • Shandong EM Health Industry Group Co., Ltd.
  • Icon Health & Fitness
  • Johnson Health Tech
  • Nautilus, Inc.
  • TRUE
  • Technogym
  • Torque Fitness
  • Core Health & Fitness
  • Impulse Health Technology Co., Ltd.
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Strength Training Equipment Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

Fragmented - Highly competitive market without dominant players


Strength Training Equipment Market has experienced significant growth as consumers increasingly focus on improving their physical fitness and well-being. The demand for equipment like free weights, resistance bands, and machines has surged, with over 25% growth in adoption in the past few years. This shift reflects a broader trend towards home fitness solutions, driven by convenience and increased health awareness post-pandemic.

A key driver of the market’s growth is the rising popularity of personalized fitness routines. With an emphasis on customization, the market has seen a 30% increase in demand for equipment tailored to individual needs, including adjustable dumbbells and weighted vests. Moreover, the growing trend of virtual fitness coaching has encouraged consumers to invest in high-quality equipment that complements digital training platforms.

The market has been shaped by innovative technological advancements, particularly in smart fitness equipment. Devices with integrated sensors that track performance and provide feedback have gained a 40% increase in demand, particularly among tech-savvy users. These advancements have improved the user experience and boosted the effectiveness of strength training, attracting a broader consumer base.Consumers are prioritizing compact and multifunctional equipment that supports a variety of workouts in smaller spaces. As a result, the demand for foldable weight benches and space-efficient resistance machines has grown by 20%. This reflects a shift towards more cost-effective solutions that don’t compromise on performance, which is particularly appealing to urban dwellers with limited space.

In the competitive arena, companies are increasingly investing in innovative product offerings and collaborations to gain market share. The rise in demand for eco-friendly equipment has led to an increase in companies producing sustainable and recyclable materials for fitness gear, showing a 15% rise in sales for these products. Companies are also tapping into the growing trend of digital fitness integration to differentiate their brands and expand their consumer base.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Material
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Strength Training Equipment Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Health Consciousness
        2. Increasing Gym and Fitness Center Investments
        3. Rise in Home Fitness Trends
      2. Restraints
        1. High Equipment Costs
        2. Space Constraints in Residential Areas
        3. Economic Downturns Affecting Consumer Spending
      3. Opportunities
        1. Technological Advancements in Equipment
        2. Expansion in Emerging Markets
        3. Integration of Smart Fitness Devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Strength Training Equipment Market, By Equipment Type, 2021 - 2031 (USD Million)
      1. Free Weights
      2. Weight Machines
      3. Resistance Bands
      4. Kettlebells
      5. Smith Machines
    2. Strength Training Equipment Market, By End Use, 2021 - 2031 (USD Million)
      1. Home Gyms
      2. Commercial Gyms
      3. Health Clubs
      4. Fitness Studios
    3. Strength Training Equipment Market, By Material, 2021 - 2031 (USD Million)
      1. Steel
      2. Plastic
      3. Iron
      4. Aluminum
    4. Strength Training Equipment Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Retail
      2. Offline Retail
      3. Direct Sales
    5. Strength Training Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Life Fitness
      2. Technogym
      3. Johnson Health Tech
      4. Precor
      5. Cybex
      6. Matrix Fitness
      7. Hammer Strength
      8. Body Solid
      9. TKO Strength and Performance
      10. Torque Fitness
      11. Abs Company
      12. Batca
      13. Spirit Commercial
      14. BodyCraft Fitness
      15. Bowflex
  7. Analyst Views
  8. Future Outlook of the Market