The treadmill market is still expanding at a healthy pace, with growth coming from three directions at once: home fitness demand, commercial gym upgrades, and the spread of connected cardio equipment.
treadmill market statistics
The result is a category that remains large on its own while also benefiting from the faster growth of smart fitness hardware and subscription-driven training ecosystems.
Treadmill Market Statistics (Top Highlights)
Global treadmill market size:$6.05 billion in 2025.
2026 market estimate:$6.38 billion.
2034 forecast:$10.18 billion.
Expected CAGR:6.01% from 2026 to 2034.
North America share:39.60% in 2025.
Electric treadmill share:67.31% in 2026.
Residential segment share:74.55% in 2026.
Residential treadmill revenue:$4.51 billion in 2025.
Offline retail share:60.04% in 2026.
U.S. treadmill market: projected to reach $2.12 billion in 2026.
China treadmill market: projected to reach $0.54 billion in 2026.
India treadmill market: projected to reach $0.34 billion in 2026.
Japan treadmill market: projected to reach $0.25 billion in 2026.
Europe treadmill CAGR:6.32% during the forecast period.
China treadmill CAGR:6.71% during the forecast period.
U.S. institutional treadmill sales growth:23.5% in 2023.
U.S. consumer treadmill sales growth:10.1% in 2023.
Global gym memberships: up 6% in 2024.
Global fitness industry revenue: up an average of 8% in 2024.
Global fitness facility count: up nearly 4% in 2024.
Global Treadmill Market Size Statistics
The headline number for this market is straightforward: treadmills remain a multi-billion-dollar category, and the forecast still points to steady mid-single-digit growth rather than a post-pandemic collapse.
The category is dominated by premium and home-oriented demand. Electric models, residential buyers, and offline retail all control major shares of the current market structure.
Label
Bar
Value
North America share
39.60%
Electric treadmill share
67.31%
Offline retail share
60.04%
Residential share
74.55%
Max = 74.55. Widths: North America share 53.12%, Electric treadmill share 90.29%, Offline retail share 80.54%, Residential share 100.00%.
Country-Level Treadmill Market Statistics
The U.S. remains the clear single-country leader in the published country forecasts, while China and India show why Asia is important to future unit and revenue expansion.
Label
Bar
Value
U.S. market (2026)
$2.12B
China market (2026)
$0.54B
India market (2026)
$0.34B
Japan market (2026)
$0.25B
Max = 2.12. Widths: U.S. market (2026) 100.00%, China market (2026) 25.47%, India market (2026) 16.04%, Japan market (2026) 11.79%.
Connected Fitness Statistics That Matter to Treadmills
Smart treadmills are no longer a niche add-on story. They sit inside a much faster-growing connected fitness hardware market, which helps explain why premium treadmill makers continue to invest in screens, software, classes, and data features.
Metric
Global connected gym equipment
U.S. connected fitness equipment
Europe connected fitness equipment
2024 market size
$2.75B
$1.17B
$582.92M
2025 market value
$3.03B
$1.28B
$634.94M
2033 forecast
$14.03B
$5.26B
$2.59B
Forecast CAGR
21.1%
19.3%
19.2%
Largest share signal
North America 51.03% in 2024
Cardio 60.19% in 2024
Cardio 63.75% in 2024
Channel signal
B2C 76.74% in 2024
B2C 84.44% in 2024
UK share 20.1%; Germany CAGR 22.3%
Commercial Demand Statistics
Commercial demand is improving again, which matters because gym refresh cycles can lift treadmill sales well beyond the home segment.
Institutional fitness equipment sales increased 11.8% in 2023.
Treadmills led institutional growth with a 23.5% increase in 2023.
Consumer fitness equipment sales increased 8.0% in 2023.
Treadmills led major consumer cardio gains with 10.1% growth in 2023.
Global gym memberships climbed 6% in 2024.
Average global fitness industry revenue increased 8% in 2024.
Fitness facility counts expanded nearly 4% in 2024.
91% of operators expected additional revenue gains in 2025.
Median facility revenue growth was 9.9% in 2024.
Median net membership growth was 5.5% in 2024.
Median member retention was 66.4% in 2024.
Safety and Regulation Statistics
Safety remains a real market variable, especially for premium connected treadmills used in homes with children and pets.
125,000+ Peloton Tread+ units were included in the 2021 recall announcement.
The recall followed one child death and 70 incidents referenced in the initial joint announcement.
A later CPSC update said Peloton had received 335 incident reports, including 87 injury reports.
Key Takeaways
The treadmill market is not a fading pandemic category. The core market is projected to keep growing, North America still leads, residential demand remains dominant, and smart cardio is creating a second growth layer above the base equipment business. The most important numbers to watch next are residential share, offline-to-online mix, commercial replacement cycles, and how quickly connected cardio keeps pulling buyers toward higher-priced treadmill models.
Sources
Fortune Business Insights, Treadmill Market: https://www.fortunebusinessinsights.com/treadmill-market-110438
SFIA, Manufacturers’ Sales by Category Report: https://sfia.org/resources/sfias-manufacturers-sales-by-category-report-shows-industry-grew-by-4-2-in-2023-up-26-8-since-2019/
Health & Fitness Association, 2025 U.S. Health and Fitness Consumer Report: https://www.healthandfitness.org/research-reports/2025-u-s-health-and-fitness-consumer-report/
Health & Fitness Association, 2025 U.S. Fitness Industry Benchmarking Report: https://www.healthandfitness.org/research-reports/2025-u-s-fitness-industry-benchmarking-report/
Grand View Research, Connected Gym Equipment Market: https://www.grandviewresearch.com/industry-analysis/connected-gym-equipment-market
Grand View Research, U.S. Connected Fitness Equipment Market: https://www.grandviewresearch.com/industry-analysis/us-connected-fitness-equipment-market-report
Grand View Research, Europe Connected Fitness Equipment Market: https://www.grandviewresearch.com/industry-analysis/europe-connected-fitness-equipment-market-report
U.S. Consumer Product Safety Commission, Peloton Tread+ Recall: https://www.cpsc.gov/Recalls/2021/Peloton-Recalls-Tread-Plus-Treadmills-After-One-Child-Death
