Pilates Equipment Market to Grow by USD 146.3 Million (2024-2028), Driven by Rising Demand for Home Fitness Gear, with AI Driving Market Transformation – Technavio
NEW YORK, Nov. 18, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global pilates equipment market size is estimated to grow by USD 146.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 12% during the forecast period. Increasing demand for home fitness equipment is driving market growth, with a trend towards increasing number of online fitness training programs. However, rising popularity of other forms of fitness formats poses a challenge.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, 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..
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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
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.
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. Fitness enthusiasts, rehabilitation facilities, and professional Pilates studios are major buyers of Pilates equipment, which includes machines like Cadillacs, Reformers, Chairs, Barrels, Arcs, and mats, as well as accessories like resistance bands, rings, balls, and towers. The market also targets exercise enthusiasts seeking at-home workout options and smart features, such as interactive mirrors, AI-driven training applications, and combination chairs. Novel materials, eco-friendly collections, and organic fabrics are gaining popularity, making Pilates equipment more accessible and appealing to a wider audience. Additionally, the market is expanding to include virtual fitness and gymnasiums, offering diverse workout options for individuals with different physical abilities and preferences.
In today’s digital age, people are increasingly turning to online fitness platforms for convenience and affordability. The rise of fitness websites and portals offering virtual Pilates training is a response to the growing concern for healthy lifestyles and the lack of time for gym visits. These platforms provide easy access to fitness programs, exercise tutorials, and dietary advice at reasonable subscription fees. Their flexibility makes them an attractive option for busy individuals, including working women and housewives, who cannot travel to fitness centers. Online Pilates training offers a convenient and cost-effective solution to maintaining fitness from the comfort of one’s home.
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Market Challenges
The Pilates Equipment Market is witnessing significant growth due to increasing health awareness and the desire for effective fitness solutions. Diabetes, obesity, lung problems, and other chronic conditions drive the demand for Pilates equipment as a low-impact exercise option. Physical activity, self-care, and health care facilities are key sectors fueling market growth. Pilates machines like Reformers, Cadillacs, Chairs, Barrels, Arcs, and towers cater to various fitness needs. Pilates mats, rings, balls, and resistance bands offer versatility for at-home workouts. High blood pressure and respiratory issues find relief in Pilates, making it an essential tool for managing chronic conditions. Male participation is on the rise, with Pilates offering benefits for sexual health and overall wellness. Fitness enthusiasts appreciate the health advantages of Pilates, which complements other activities like running, swimming, weight loss programs, and yoga. Virtual fitness, smart features, and novel materials are transforming Pilates equipment. Interactive mirrors, AI-driven training applications, and eco-friendly collections are gaining popularity. Rehabilitation facilities and professional Pilates studios are major buyers, ensuring continuous market growth.
The pilates equipment market experiences notable competition from various fitness activities, such as yoga and traditional strength training. Yoga, for instance, offers both mental relaxation and physical benefits, including calorie burning and muscle toning. Traditional workouts like walking, jogging, cycling, and dancing also provide comparable advantages. Consumers often prefer conventional strength equipment, including weight plates and bars, benches and racks, home gyms, barbells, and kettlebells, due to their versatility and effectiveness.
This pilates equipment market report extensively covers market segmentation by
Product
1.1 Pilates machines
1.2 Pilates mats
1.3 Pilates rings
1.4 Pilates balls
1.5 Others
Distribution Channel
Geography
1.1 Pilates machines- The Pilates equipment market is experiencing notable growth, particularly in the segment for Pilates machines. Popular machines include cadillacs, reformers, pilates towers, and trapezes, with pilates chairs and other products also available. The increasing use of reformers and cadillacs in medical clinics and health clubs for therapy and injury rehabilitation is a significant market driver. Product innovations and the shift towards eco-friendly manufacturing materials are also contributing factors. For instance, BASI Systems Pilates Sanayi Ticaret Anonim Sirketi’s pilates reformer features an enhanced pulley system and expanded gear system for precise control. Traditionally, pilates machines were made from amber and bamboo, but modern equipment is increasingly manufactured using nanomaterials and carbon fiber for lightweight and eco-friendly options. These factors, along with the rising demand for pilates machines in developed countries, are expected to fuel the growth of this segment in the coming years.
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Research Analysis
The Pilates Equipment Market has witnessed significant growth in recent years due to the increasing health awareness and the need for effective solutions to address various health issues such as diabetes, obesity, and lung problems. Pilates, with its low-impact and full-body workouts, has gained popularity as a preferred choice for those seeking to improve their overall health and fitness. Pilates equipment includes various types of machines and accessories such as mats, resistance bands, Pilates balls, rings, towers, Cadillacs, Reformers, Chairs, Barrels, and Arcs. These tools help individuals perform exercises that enhance physical activity, self-care, and promote better sleep. Pilates is also beneficial for individuals dealing with sexual preference issues, alcohol, and drug addiction recovery, as it helps improve mental and emotional well-being. Pilates equipment is used not only in gyms and professional Pilates studios but also in the comfort of one’s own home. The Pilates method, with its focus on proper alignment, breathing, and controlled movements, offers a holistic approach to health and wellness.
Market Research Overview
The Pilates Equipment Market is experiencing significant growth due to the increasing health awareness and the need for effective solutions to address various health issues such as diabetes, obesity, lung problems, and musculoskeletal disorders. Pilates equipment, including machines like Cadillacs, Reformers, Chairs, Barrels, Arcs, and mats, balls, rings, and towers, are popular choices for those seeking to improve their physical health and overall well-being. These devices offer numerous health advantages, making them an essential addition to fitness regimens, rehabilitation facilities, and professional Pilates studios. The market caters to diverse populations, including those with chronic conditions such as high blood pressure, respiratory issues, and cancer, as well as exercise enthusiasts looking to enhance their fitness routine. Pilates equipment is also gaining popularity in virtual fitness and at-home workout options, making it accessible to a wider audience. Smart features, novel materials, and eco-friendly collections are some of the trends shaping the Pilates Equipment Market. Moreover, Pilates equipment is not only beneficial for individuals with specific health concerns but also for those seeking to maintain a healthy lifestyle. It is an effective tool for weight loss, improving flexibility, and promoting self-care. Additionally, Pilates is a low-impact form of physical exercise, making it suitable for individuals with sexual preference preferences or those recovering from injuries. The Pilates method, controlled movements, proper alignment, and focus on the core, is gaining popularity as an alternative to traditional forms of exercise like running and swimming. Pilates equipment offers a more personalized and interactive experience, with smart features like AI-driven training applications and interactive mirrors, providing a more engaging workout experience. In conclusion, the Pilates Equipment Market is poised for continued growth as more individuals seek effective solutions to improve their health and well-being. With a focus on smart features, novel materials, and eco-friendly collections, Pilates equipment is an excellent investment for those looking to enhance their fitness routine and maintain a healthy lifestyle.
7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix
About Technavio
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.
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