Pilates Equipment Market to record USD 106.44 Mn — Driven by increasing demand for home fitness equipment – QNT Press Release


NEW YORK, Sept. 16, 2022 /PRNewswire/ — The “Pilates Equipment Market by Product and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The report expects the market size to grow by USD 106.44 million between 2021 and 2026, accelerating at a CAGR of 9.22% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download PDF Sample Report

The global pilates equipment market is fragmented. The market has multiple established players, and they face stiff competition with a wide array of products. Market players compete based on factors such as price, quality, brand, and variety. They also follow different strategies to increase their market share. Product innovation with a focus on developing countries, especially the ones that have stable economic growth, is expected to be a key trend in the market. The acquisition of new brands will provide an opportunity for the leading players in the market to maintain their dominance in the market during the forecast period.

The practice of sustainability is essential for future production and has been adopted by major vendors and other prominent vendors in the market. The intense competition in the market, coupled with rapid changes in technology and consumer preferences, constitute significant risk factors for competitors’ operations. Therefore, to survive and succeed in a stiff competitive environment, it is imperative for vendors in the market to distinguish their product offerings through a clear and unique value proposition.

Technavio identifies Align Pilates Equipment Ltd, Balanced Body Inc., BASI Systems Pilates Sanayi Ticaret Anonim Sirketi, Bonpilates SL, CAP Barbell, CASA Pilates Equipment, Easy Tra de Group srl, Gratz Industries LLC, Mad Dogg Athletics Inc., Merrithew International Inc. , Metalife, Pilates Scandinavia, PilatesEquip The Joint Workshop Pty Ltd., Sivan Health and Fitness, Stamina Products Inc., The Mad Group HQ Ltd, Tirado Pilates Apparatus, VIVA FITNESS, and Zhejiang Woods Technology Co. Ltd. as market participants.

Although the increasing demand for home fitness equipment will offer immense growth opportunities, the rising popularity of other forms of fitness formats will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

The global pilates equipment market is segmented as below:

  • Product
    • Pilates Machines
    • Pilates Mats
    • Pilates Rings
    • Pilates Balls
    • Others

The market will observe maximum demand for pilates machines during the forecast period. The increasing adoption of reformers as well as cadillacs in medical clinics and health clubs for therapies and injury rehabilitation is driving the growth of the segment.

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa

North America will dominate the market growth, occupying 37% of the global market share over the forecast period. The rise in the number of recreational sports centers and the presence of a large millennial population are driving the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our pilates equipment market report covers the following areas:

Pilates Equipment Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the pilates equipment market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the pilates equipment market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Pilates Equipment Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist pilates equipment market growth during the next five years
  • Estimation of the pilates equipment market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pilates equipment market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pilates equipment market vendors

Related Reports:

Pilates Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.22%

Market growth 2022-2026

$106.44 million

Market structure

Fragmented

YoY growth (%)

8.7

Full story available on Benzinga.com



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