The global treadmill market is valued at USD 9.50 billion in 2025 and is projected to reach USD 11.67 billion by 2030, registering a 4.20% CAGR.Market expansion is driven by rising lifestyle-related health issues, ongoing technological innovations, and stronger government initiatives encouraging physical activity across all age groups.
Smartphone penetration continues to reshape user behavior.Modern treadmills are now seamlessly integrated into digital fitness ecosystems, enabling users to track performance data, follow virtual coaching programs, and engage in online fitness challenges. While commercial gym development remains strong, residential treadmill adoption is accelerating, fueled by the demand for home workouts, flexible schedules, and personalized training experiences.
To meet these evolving needs, manufacturers are prioritizing space-saving designs, low-noise motors, and cost-effective financing solutions.Additionally, global supply chains are shifting toward the Asia-Pacific region, where cost advantages, rapid manufacturing capabilities, and growing regional demand are strengthening production and distribution networks.
Key Report Takeaways
By Product Type
Electric treadmills dominated the market with 84.93% revenue share in 2024.
Manual treadmills are projected to grow at a 5.89% CAGR through 2030, driven by increasing interest in budget-friendly and maintenance-free options.
By End-Use
The commercial segment accounted for 75.19% of the market in 2024, supported by gym expansions and corporate fitness programs.
The residential segment is forecast to grow at a 7.21% CAGR as consumers increasingly invest in home fitness environments.
By Function
Single-function treadmills represented 69.01% of market share in 2024, favored for their affordability and simplicity.
Multifunctional models—equipped with training programs, incline systems, entertainment consoles, and smart integration—are advancing at a 6.92% CAGR.
By Distribution Channel
Offline retail led with 85.15% market share in 2024, owing to consumer preference for physical product testing and in-store consultation.
Online channels continue to gain momentum, forecast to grow at 7.24% CAGR, buoyed by e-commerce expansion and demand for convenient purchasing.
By Geography
Europe contributed 35.81% of global revenue in 2024, supported by strong commercial gym penetration and health awareness.
Asia-Pacific is expected to be the fastest-growing region, achieving 8.54% CAGR from 2025–2030, driven by urbanization, rising middle-class income, and expanding fitness culture.
