Global Pilates Equipment Market, By Type (Machines, Mats, Rings, Balls), Application (Commercial, Household), Buyer Type (Individuals, Institutional, Pilate Clubs, Health Clubs) Distribution Channel (Speciality Store, Modern Trade Channel, Direct to Customer, Third Party Online) – Industry Trends and Forecast to 2030.
Pilates Equipment Market Analysis and Size
The major challenges of our modern life sedentary lifestyle and inactivity, which lead to weakening body composition, blood parameters and physical measurements. Staying physically active and performing regular exercise facilitate daily life, maintain mental focus, improve overall health and improve balance and mobility. Hence, pilates equipment helps to improve strength, flexibility, and balance. It is normally used in pilates studios or gyms, but pilates equipment, such as small props and mats, can also be used at home
Data Bridge Market Research analyses that the pilates equipment market is expected to reach USD 172.33 million by 2030, which is USD 112.29 million in 2022, registering a CAGR of 5.50% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Pilates Equipment Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Pilates Machines, Pilates Mats, Pilates Rings, Pilates Balls), By Application (Commercial, Household), Buyer Type (Individuals, Institutional, Pilate Clubs, Health Clubs) Distribution Channel (Speciality Store, Modern Trade Channel, Direct to Customer, Third Party Online)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Bonpilates (U.S.), Xtend Pilates (Spain), Balanced Body (U.S.), GratzPilates (India), Elina Pilates (Switzerland), Merrithew Corporation (Canada), MAD DOGG ATHLETICS (U.S.), Stamina Products, Inc. (U.S.), Align-Pilates (U.K)
|
|
Market Opportunities
|
|
Market Definition
Pilates equipment refers to exercise equipment such as barrels and arcs, pilates towers, cadillac, reformers, chairs, and other accessories. They promote posture, cognitive perception, physical strength, flexibility, Pilates strengthens bones and joints. It's an important aspect of spinal or joint injury recovery. Pilates improves blood circulation and breathing.
Global Pilates Equipment Market Dynamics
Drivers
- Increasing awareness and health consciousness among people
Nowadays, diabetes, obesity, high blood pressure and respiratory issues are common in people. Increased obesity and health consciousness have increased the growth of the pilates equipment market. Exercise is the best therapy for chronicconditions such as cancer and asthma. People realise the advantages of physical exercise, which aids them make good and healthy choices regarding nutrition, self-care, physical activity, and health care systems. This is increasing the growth of the market for pilates equipment market.
• Growing demand for virtual fitness
The growing demand for virtual fitness will spur the demand for high-quality pilates equipment that can be easily installed at homes. As a result of hectic and busy working schedules, consumers prefer to undertake online fitness classes at their homes according to their convenience. Therefore, the growing demand for pilates equipment at home is anticipated to drive the market's growth during the forecast period.
Opportunities
- Growing importance of fitness among millennials
People prefer personalized fitness; boutique studios are extremely popular for individualized workout routines. Personalization has stimulated boutique studios to provide more zed offerings and focused workouts. As millennials make up an increasing share of health club memberships globally, tailored workouts will continue popular. Along with the personalized periods, boutique studios' 'Instagrammable' nature is increasing the popularity of pilates which is expected to fuel the demand for pilate equipment. Thus, growing importance of fitness among millennials will create immense opportunities for the growth of the market.
- Rising demand of pilates equipment in domestic places
The demand for pilates equipment increases in domestic places is anticipated to create ample opportunites for the market growth in upcoming years. Restrictions imposed by the countries governments on gymnasiums during the pandemic situation is likely to further increase the demand of pilates equipment at home and iboosts the market growth.
Restraints/ Challenges
- Availability of alternative options for weight loss
Running and swimming will provide a more strenuous physical workout than the pilates equipment. Hence, Pilates is not perfect for weight loss. As a result of the presence of these alternatives options, reduce the demand for the pilates equipment which will hamper the growth of the market.
- Less effective than other form of exercises
Some people feel frustrated at a seeming dearth of progress with the usage of pilates equipment. This is because pilates workouts generally don’t providethe same kind of returns that you achieve with the other forms of exercise. As a result this, reduces the demand for the pilates equipment which will obstruct the growth of the market.
This pilates equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pilates equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pilates Equipment Market Scope
The pilates equipment market is segmented on the basis of type, application, buyer type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Machines
- Mats
- Rings
- Balls
Application
- Commercial
- Household
Buyer Type
- Individuals
- Institutional
- Pilate Clubs
- Health Clubs
Distribution Channel
- Speciality Store
- Modern Trade Channel
- Direct to Customer
- Third Party Online
Pilates Equipment Market Regional Analysis/Insights
The pilates equipment market is analyzed and market size insights and trends are provided by country, type, application, buyer type and distribution channelas referenced above.
The countries covered in the pilates equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the pilates equipment market in terms of revenue and market share owing increasing popularity of physical and mental exercises such as yoga in consumers in the U.S., Mexico and Canada. Furthermore, increasing awareness regarding healthy lifestyle further boost the market growth.
Europe is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the growing popularity of pilates studio in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pilates Equipment Market Share Analysis
The pilates equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pilates equipment market.
Some of the major players operating in the pilates equipment market are:
- Bonpilates (U.S.
- Xtend Pilates (Spain)
- Balanced Body (U.S.)
- Gratz™ Pilates (India)
- Elina Pilates (Switzerland)
- Merrithew Corporation (Canada)
- MAD DOGG ATHLETICS (U.S.)
- Stamina Products, Inc. (U.S.)
- Align-Pilates (U.S.)
SKU-