The Pilates Equipment Market is being driven by Increasing demand for home fitness equipment
The Pilates Equipment Market is expected to grow at a CAGR of 12% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 146.3 million. In today's digital age, consumers have easy access to fitness information through various online platforms. The rising concern for maintaining a healthy lifestyle and the inconvenience of visiting gyms or health clubs regularly have led to an increase in the popularity of virtual fitness training. Several websites and applications offer affordable subscription fees for fitness programs, providing users with the convenience of practicing at home. These platforms offer expert guidance on exercises, diet plans, and fitness regimens, catering to the needs of busy professionals, housewives, and individuals with mobility issues. The convenience and affordability of these virtual fitness solutions make them an attractive alternative to traditional fitness centers.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
166 |
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 |
fragmentation |
YoY growth 2023-2024(%) |
9.6 |
Key countries |
US, China, Germany, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, US, China, UK, India, Japan, Germany, Canada, South Korea, France, Japan, Italy, Brazil, and UAE |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Pilates equipment market encompasses a range of gear designed for effective workout sessions. Key features include spring tension adjustment for customized resistance, equipment durability for long-term use, and exercise progression for varying workout intensities. Proper form, breathing techniques, instructor certification, and studio design ensure safe and efficient workouts. Client assessment, exercise selection, and personalized programs cater to individual needs, while safety guidelines and injury rehabilitation promote recovery. Postural correction, movement efficiency, muscle control, mind-body connection, and controlled movements are essential for precise execution and muscle isolation. Strength building, full-body workouts, and exercises for the lower and upper body are available through various equipment such as reformers, cadillacs, chairs, barrels, and mats. Pilates equipment selection offers exercise variations to keep workouts engaging and effective.
The Pilates equipment market is a segment of the larger household durables market, which encompasses categories such as consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. According to Technavio, the global household durables market is projected to grow due to several factors, including the expansion of health and fitness clubs and the subsequent increase in memberships. Specifically within the leisure products sector, the Pilates equipment market includes Reformer machines, Cadillac spring systems, chair designs, barrel equipment, and ladder barrels. These pieces of equipment cater to the rising demand for home-based fitness solutions and the growing trend towards holistic wellness. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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