NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report on how AI is driving market transformation — According to Technavio, the global Pilates equipment market size will reach 146.3 billion from 2024 to 2028. It is estimated to grow by USD 1 million. The market is estimated to grow at a CAGR of approximately 12% during the forecast period. The increasing demand for home fitness equipment is driving the market growth, leading to an increase in the number of online fitness training programs. However, the growing popularity of other forms of fitness poses challenges. Key market players include Balanced Body Inc., BASI Systems Pilates Sanayi Ticaret Anonim Sirketi, Bonpilates SL, CAP Barbell, Etsy Inc., Gratz Industries LLC, Mad Dogg Athletics Inc., Merrithew International Inc., Metalife, PILATES DESIGNS LLC, Includes Pilates Scandinavia. , PilatesEquip The Joint Workshop Pty Ltd., Sivan Health and Fitness, Stamina Products Inc., The Mad Group HQ Ltd., Tirado Pilates Apparatus, Trending Fit LLC, VIVA FITNESS, XtendPilates, Zhejiang Woods Technology Co. Ltd.
Technavio has published its latest market research report titled Global Pilates Equipment Market 2024-2028.
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Forecast period
2024-2028
base year
2023
historical data
2018-2022
Target segment
Products (Pilates machines, Pilates mats, Pilates rings, Pilates balls, etc.), distribution channels (offline and online), geography (North America, Europe, APAC, South America, Middle East and Africa)
Target area
North America, Europe, Asia Pacific, South America, Middle East and Africa
Introduction of major companies
Balanced Body Inc., BASI Systems Pilates Sanayi Ticaret Anonim Sirketi, Bonpilates SL, CAP Barbell, Etsy Inc., Gratz Industries LLC, Mad Dogg Athletics Inc., Merrithew International Inc., Metalife, PILATES DESIGNS LLC, Pilates Scandinavia, PilatesEquip The Joint Workshop Pty Ltd., Sivan Health and Fitness, Stamina Products Inc., The Mad Group HQ Ltd, Tirado Pilates Apparatus, Trending Fit LLC, VIVA FITNESS, XtendPilates, and Zhejiang Woods Technology Co. Ltd.
Key market trends driving growth
In today’s digital age, the convenience of online fitness training is driving the growth of the global Pilates equipment market. With more and more people making health and fitness a priority, the availability of affordable online training programs is a big draw. These programs offer flexibility for people with busy schedules or mobility issues, allowing them to practice Pilates exercises at home. The market is expected to expand due to the growing demand for convenient and cost-effective fitness solutions. Online platforms offer a wide range of resources, including exercise coaching, dietary advice, and fitness tips, making them an attractive alternative to traditional gym memberships.
The Pilates equipment market is witnessing significant growth due to rising health awareness and rising incidence of chronic diseases such as diabetes, obesity, lung problems, and musculoskeletal diseases. People are prioritizing self-care and looking to healthcare facilities and boutique studios for physical exercise solutions. Because of its low-impact nature, Pilates is becoming increasingly popular among people with high blood pressure, respiratory problems, chronic illnesses such as cancer and asthma. Pilates equipment is in high demand, including machines such as Cadillacs, Reformers, Chairs, Barrels, Arcs, Mats, Resistance Bands, Pilates Balls, and Rings. Fitness enthusiasts are also turning to Pilates as a complementary workout alongside activities such as running, swimming, and yoga. Virtual fitness and gyms are also integrating Pilates equipment into their services, making Pilates more accessible to a wider audience. Male participation in Pilates is also on the rise, as is the trend toward a healthy lifestyle that includes proper nutrition, physical activity, and self-care. Alcohol and drug use are recognized as being harmful to health, further increasing the demand for Pilates equipment and methods. Overall, the Pilates Equipment market is poised for continuous growth in the coming years.
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market challenges
The fitness industry is highly competitive, and Pilates equipment faces challenges from various alternatives such as yoga and traditional strength training equipment. Yoga has benefits such as relaxation through stretching poses, burning calories, and toning muscles. Traditional strength training equipment such as weight plates, bars, benches, racks, home gyms, barbells, and kettlebells provide an effective workout that targets multiple muscle groups with exercises like the Big Four Barbell Workout. These alternatives have lower initial investment and operating costs compared to Pilates equipment. In addition, the market reach is also increasing due to increasing recognition in both developed and developing countries. Therefore, the existence of these substitutes poses a major challenge for the growth of the global Pilates equipment market. The Pilates equipment market is growing as more people seek the health benefits of Pilates for fitness and rehabilitation. However, there are challenges to increasing male participation due to perceived gender bias. This market includes a variety of equipment such as Pilates machines (Reformer, Cadillac, Chair, Barrel, Arc), mats, rings, balls, and resistance bands. They are used not only at home, but also in gyms, professional Pilates studios, and rehabilitation facilities. Patients with high blood pressure, respiratory diseases, chronic illnesses, cancer, and asthma benefit from Pilates. Virtual fitness and smart features like interactive mirrors, AI-driven training applications, and smart reformers are popular trends. Eco-friendly collections using organic fabrics and recyclable materials are also attracting attention. Exercise enthusiasts can choose from a variety of equipment for running, swimming, weight loss, yoga and maintaining a healthy lifestyle.
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Segment overview
This Pilates Equipment market report extensively covers the market segmentation as follows:
Products 1.1 Pilates Machine 1.2 Pilates Mat 1.3 Pilates Ring 1.4 Pilates Ball 1.5 Others Distribution Channel Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa
1.1 Pilates Machines – The Pilates equipment market is experiencing significant growth, with the machines sector leading the way. Major equipment includes Cadillacs, Reformers, Pilates towers, trapezes, Pilates chairs, and other products. Reformers and Cadillacs are increasingly being employed in clinics and fitness clubs for treatment and injury rehabilitation. Product innovation and shift towards environmentally friendly manufacturing materials are major driving factors for the market. For example, BASI Systems’ Pilates Reformer features a reinforced pulley system and an expanded gear system for precise control. Traditionally Pilates machines were made from amber or bamboo, but modern machines use nanomaterials and carbon fiber for lightweight and sustainable manufacturing. These factors, along with rising demand in developed countries, are expected to drive market expansion.
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research analysis
The Pilates equipment market has experienced significant growth in recent years due to increasing health awareness and the need for effective physical exercise solutions. Diabetes, obesity, lung problems, and other health issues have led people to prioritize self-care and physical activity. Pilates has emerged as a popular choice due to its low-impact and versatile nature. Pilates equipment, including machines such as Cadillacs, Reformers, Chairs, Barrels, Arcs, Pilates Mats, Resistance Bands, Pilates Balls and Pilates Rings, caters to a variety of fitness levels and needs. These tools will help improve your flexibility, core strength, and overall health. The Pilates method incorporates physical exercise, nutrition, and self-care, making it an attractive option for those dealing with sleep issues, alcohol, drugs, or sexual preference issues. Pilates equipment is now widely available in gyms and professional Pilates studios, and the range continues to expand.
Market research overview
The Pilates equipment market is witnessing significant growth due to increasing health awareness and the need for effective fitness solutions for various chronic diseases such as diabetes, obesity, lung problems, and musculoskeletal diseases. Due to its low-impact and gentle nature, Pilates is becoming a popular choice for people looking to improve their overall health and well-being. Pilates equipment includes machines such as Cadillacs, Reformers, chairs, barrels, arcs, and mats, as well as accessories such as resistance bands, Pilates balls, rings, and towers. These tools help users improve strength, flexibility, and balance, making them ideal for those dealing with chronic illness, high blood pressure, respiratory problems, and cancer. This marketplace caters to a variety of fitness preferences, including virtual fitness, gyms, professional Pilates studios, and rehabilitation facilities. Exercise enthusiasts can choose at-home workout options, and fitness enthusiasts can explore smart features, novel materials, and interactive mirrors. Eco-friendly collections, organic fabrics and recyclable materials are also gaining popularity in the market. Pilates offers many health benefits, including weight loss, improved sleep, and reduced stress. It is also beneficial for those dealing with sexual orientation, alcohol, and drug-related issues as part of a self-care or rehabilitation process. The market is expected to continue to grow as more people prioritize their health and seek innovative fitness solutions.
table of contents:
1 Overview
2 Market scenery
3 Determining market size
4 Past market size
5 Five Forces Analysis
6 Market segmentation
Products Pilates Machine Pilates Mat Pilates Ring Pilates Ball Others Distribution Channel Geography North America Europe APAC South America Middle East & Africa
7 Customer situation
8 Geographic Landscape
9 drivers, challenges and trends
10 Company scenery
11 Company analysis
12 Appendix
About Technavio
Technavio is the world’s leading technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market position. Provide.
With over 500 expert analysts, Technavio’s report library consists of over 17,000 reports covering 800 technologies across 50 countries, and growing. The company’s customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing and potential market opportunities and gain a competitive advantage within the changing market scenario. We are evaluating the status of
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