Pilates Equipment Market in Japan to witness growth by USD 11465.46 th revenue through 2023-2027
Japan’s Pilates market is ascending new heights with a growing geriatric population, growing demand for home fitness equipment, and increasing awareness of the benefits of Pilates. In the next five years, the market for Pilates Equipment in Japan is estimated to grow by USD 11,465.46 thousand which accounts for growth at a CAGR of 9.22%.
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Navigating the growth drivers of the market: The primary key driver that is responsible for market expansion is Japan's pediatric population followed by some more determinants.
- Japan has one of the largest elderly populations in the world, and this demographic has increased the demand for Pilates equipment among this age group. Many older adults appreciate gentle, stress-free Pilates, therefore, it presents a huge opportunity for the Japanese Pilates equipment market.
- The adoption of clinical Pilates across Japan has continued to drive the demand for Pilates Equipment in the market. Pilates equipment, such as the Clinical Reformer and Clinical Cadillac, and many other Pilates equipment and accessories are being used for Pilates training in clinical settings.
- In addition, Japan's Health Industry recognizes the benefits of clinical Pilates in promoting rehabilitation, pain relief, and injury prevention boosting the growth of the Japan Pilates Equipment Market.
- Vendors are incorporating various strategies to enhance their presence in the market, prominent market players worth mentioning in this industry are Core First, Decathlon SA, Intopilates Co. Ltd., J.S. Haverly Ltd., Japan Conditioning Academy, Stamina Products Inc., URBNFit, Apexline Inc., Gaia Inc., Gratz Industries LLC, Oak Mountain Products LLC.
Our report projects the growth trajectory of the market traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking with a wider understanding of the business ecosystem for the Pilates Equipment Market in Japan. Order a free sample today.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 9.22%.
- What is the incremental growth of the market?
The market is expected to grow by $ 11465.46 th USD through 2023-2027.
- What is a key factor driving this market?
The growing geriatric population will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Japan is the key region featured in this research report.
- Which is the leading geographic region for this market:
100% growth will originate from APAC
- What are the market segments covered in this report?
The market is segmented by Product (Pilates machines, Pilates mats, Pilates rings, Pilates balls, and Others), Application (Commercial and Residential), and Distribution Channel (Offline and Online)