PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535622
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535622
Weight Training Bench Market size will record 5.2% CAGR from 2024-2032, driven by the surging awareness of the importance of physical fitness particularly among the younger demographics and fitness enthusiasts.
Advances in materials science and design are leading to the development of lighter, stronger, and more durable weight training benches. For instance, in May 2024, Leeway Fitness introduced its new FID Gym Bench LF98 using robust quality iron which has higher weight load capacity of 250kg. Meanwhile, innovations, such as foldable designs and easy storage options have grown largely appealing to home users. Rising incorporation of built-in features like digital workout tracking, connectivity with fitness apps, and smart adjustments will also drive the product uptake.
The weight training bench industry is segmented into product type, price range, end-user, distribution channel, and region.
By product type, the industry value from the folding weight bench segment is anticipated to witness strong growth between 2024 and 2032. Folding benches are ideal for home gyms or spaces where space is limited as they are compact and can be folded away after use. They are also easier to move, and store compared to traditional benches, further appealing to users who have limited space or frequently change their workout location. Rising access to multiple functionalities, such as adjustable angles for different exercises will also add to the product demand.
Based on end-user, the weight training bench market from the colleges and institutes segment will record significant expansion up to 2032. The growth can be attributed to the growing need for essential equipment for strength training exercises and the overall physical development. Many colleges and educational institutes are incorporating physical education and fitness training into their curriculum. The growing emphasis on student wellness and mental health is an important factor driving the segment growth.
Regionally, the Europe weight training bench industry size may witness substantial CAGR between 2024 and 2032, led by the emerging trend of home gyms across the region. The growth of e-commerce platforms has made it easier for consumers to purchase weight training benches online. Adjustable and multi-functional weight benches are also becoming popular in Europe as they allow a wide range of workouts in a compact space.