Pilates Equipment Market To Grow By USD 146.3 Million (2024-2028), Rising Demand For Home Fitness Equipment Boosts Market, With AI Driving Evolution -...
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Pilates Equipment Market Scope | |
Report Coverage | Details |
Base year | 2023 |
Historic period | 2018 - 2022 |
Forecast period | 2024-2028 |
Growth momentum & CAGR | Accelerate at a CAGR of 12% |
Market growth 2024-2028 | USD 146.3 million |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 9.6 |
Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution | North America at 37% |
Key countries | US, UK, China, Germany, and Canada |
Key companies profiled | ActiveMine, Align-Pilates Equipment Ltd., Aeromat/Ecowise, ARREGON Pilates Industries S.L., Balanced Body, BASI Systems, Beverly Hills Fitness LLC, CAP Barbell, DECATHLON S.A, Elina Pilates, Equipilates, Gratz Industries, LLC, Health Mark, Inc., HF Industries, IndoPilates, Lindywell, Mad Dogg Athletics, Inc., Merrithew Corporation, Pilates Designs LLC, Stamina Products, Inc. |
Market Driver
The Pilates Equipment Market is experiencing significant growth due to increasing health awareness and the rise of chronic conditions such as diabetes, obesity, lung problems, and musculoskeletal disorders. The market caters to various customer segments, including those with high blood pressure, respiratory issues, and chronic conditions like cancer and asthma. The Pilates method, with its low-impact workouts, is gaining popularity as a fitness solution for individuals seeking to improve their overall health and well-being. Pilates equipment includes machines like Cadillacs, Reformers, Chairs, Barrels, Arcs, and mats, as well as accessories such as resistance bands, rings, balls, and towers. Boutique studios and rehabilitation facilities are key buyers, while gyms and exercise enthusiasts also contribute to the market's growth. At-home workout options, smart features, and eco-friendly collections are trends driving the market. Virtual fitness, AI-driven training applications, and combination chairs are also gaining traction. Novel materials, organic fabrics, and recyclable materials are being used to cater to the growing demand for self-care and sustainable products.
In today's digital age, people are turning to online fitness platforms for convenience and affordability. The rise of the Internet has made fitness training accessible to a larger audience. Subscription-based websites and applications offer fitness programs at reasonable fees, allowing individuals to exercise from the comfort of their homes. These platforms provide valuable information on exercises, diets, and fitness activities, catering to the needs of busy professionals, housewives, and those with mobility issues. The convenience and affordability of online fitness training have attracted a significant number of fitness-conscious customers, addressing the growing concern for healthy lifestyles.
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Market Challenges
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Segment Overview
This pilates equipment market report extensively covers market segmentation by
- Offline
- Online
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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