Barbell Market Size, Share, Growth, and Industry Analysis, By Type (Functional Barbell, Olympic Weightlifting Barbell And Others), By Application (Speciality, General Fitness And Others) Regional Forecast to 2031

Updated On: 08 April 2024

Barbell Market REPORT OVERVIEW

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The global barbell market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

The product is a piece of weight training, bodybuilding, weightlifting, powerlifting, and strongman exercise equipment that consists of a long bar with weights attached at each end. The length of a bar can range from 1.2 metres (4 feet) to more than 2.4 metres (8 ft). The central portion of the bar ranges in diameter from 25 millimetres (0.98 in) to 50 millimetres (1.96 in) (e.g., Apollon's Axle) and is frequently engraved with a knurled crosshatch pattern to assist lifters in maintaining a firm grip. Weight plates slide onto the bar's outer edges to increase or decrease the total weight.  Collars are used to keep plates from moving outward unevenly, causing uneven force on the lifter.

The bar is a longer version of the dumbbell used for free weight training and competitive sports like powerlifting, Olympic weightlifting, and CrossFit. They can be used for a variety of exercises, including bicep curls, bench presses, Olympic weightlifting, overhead presses, deadlifts, and squats. Olympic bars are typically 20 kilogrammes in weight (44 lb). The bar is used in a variety of fitness categories for a variety of reasons. Powerlifters, for example, use the bar to perform compound exercise movements.

COVID-19 Impact: Lockdown affects the market positively

The covid 19 pandemic had a positive effect on the barbell market. To control the spread of the virus, the pandemic imposed new norms and regulations such as social distancing and lockdowns. As a result, people all over the world were forced to sit at home, resulting in new trends such as at-home fitness. During the pandemic, the rising popularity of at-home workouts fuelled the demand for fitness equipment. Increased emphasis on self-care, fitness, and health helped fitness centres and platforms gain significant traction in the aftermath of the pandemic, causing the product market to benefit from the lockdown. Furthermore, the outbreak has a positive impact on the business operations of the enterprises, affecting the overall market share of the product. This has had an effect on the industry.

LATEST TRENDS

"The Growing trend of Olympic Weight-lifting to stimulate market expansion"

A men's Olympic bar is 2.2 metres (7.2 feet) long and weighs 20 kilogrammes (44 lb). It is the standard used in competitive weightlifting at the highest levels, including the Commonwealth Games, World Championships, and Olympics. This type of bar must have adequate "whip" (ability to store elastic energy) and sleeves that rotate smoothly, as well as the ability to withstand dropped lifts from above. A women's Olympic bar is similar to a men's Olympic bar, but it is shorter and lighter. In addition, unlike the men's bar, the women's bar lacks a centre knurl. Thus, the process of developing new trends of Olympic Weightlifting is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Barbell Market SEGMENTATION

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• By Type

The market is divided into categories based on type, Functional Barbell, Olympic Weightlifting Barbell and others.

• By Application

The market is divided into Speciality, General Fitness and other categories based on application.

DRIVING FACTORS

"Increasing Awareness of Olympic Powerlifting among people that Boosts the Market"

Powerlifting, in general, necessitates the use of stiffer bars to better accommodate the heavier weights used in the sport. The deadlift is typically the longest, thinnest, and most flexible, allowing for greater weight lift. Because powerlifting does not need to rotate as quickly as Olympic weightlifting, they use simpler, more robust bushings. Powerlifting bar sleeves are sometimes extended as well. Furthermore, powerlifting bars have grip marks that are closer together, and the International Powerlifting Federation requires using the same type of bar on all lifts. The total weight of the product varies depending on the type and number of plates loaded onto the ends of the bar, as well as the lift being performed, resulting to attract maximum number of citizens to participate and practise powerlifting. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and increasing awareness of Olympic Powerlifting among people. It will help the consumer goods sector flourish and accelerate the Barbell market growth.

"Increasing Awareness of Healthy Lifestyle is expanding to support market expansion"

Increased awareness of the benefits of fitness and healthy living has resulted in increased participation in health clubs. These facilities offer a wide range of services and equipment to customers, allowing them to engage in a variety of exercise routines. Health clubs also address individual health concerns, assisting them in developing a personalised fitness regimen. Health and wellness clubs are poised to gain tremendous traction with massive memberships, fuelling the need for modern fitness equipment deployment in these settings. With rising interest in regular exercise, health and fitness remain a megatrend in the region. This leads to adopt the product in these health clubs and fitness centres.  Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing awareness of healthy lifestyle.

RESTRAINING FACTORS

"Negative Side Effects Caused by excessive use of the product Will Prevent Market Expansion"

One significant disadvantage of the product is that they can cause muscle imbalances. Most of us have one dominant side, and when you use them, you may find that this side does more of the work, causing you to weaken your weaker side more than you would like. Another potential issue with product is the risk of overdoing it by adding too much weight, which can lead to injuries. With less flexibility, you may find yourself in more uncomfortable situations. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.

Barbell Market REGIONAL INSIGHTS

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"The Market is Globally Dominated by North America"

Since this area is the largest user of the product, the market for Barbell in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the Speciality, General Fitness and other industries is one of the important factors driving the Barbell Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials. 

List of Market Players Profiled

• Decathlon (France)
• CAP Barbell (U.S.)
• PowerBlock (U.S.)
• Net2Fitness (U.S.)
• Troy barbell (U.S.)
• Iron Grip (U.S.)
• York Barbell (U.S.)
• IVANKO (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Barbell market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.