Emerging research
Rising health awareness and increasing number of fitness enthusiasts are expected to drive the market revenue growth
SURREY, BRITISH COLUMBIA, CANADA, May 17, 2022 /EINPresswire.com/ — The Global Pilates and Yoga Studios Market research report published by Emergen research has been formulated based on the analysis of key details commercial and the wide geographic distribution of Pilates and yoga studios Merchant industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Pilates and Yoga Studios market along with crucial statistical data of the Pilates and Yoga Studios market. The report also profiles established and emerging market players, covering business overview, product portfolio, strategic alliances, and business expansion strategies.
Rising health awareness and increasing number of fitness enthusiasts are expected to drive the market revenue growth
Pilates and Yoga Studios Market Size – USD 116.74 Billion in 2020, Market Growth – at a CAGR of 11.2%, Market Trend – High Demand from Asia Pacific
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Pilates and yoga studios offer hands-on workouts with instructors, to provide proper guidance and encouragement to clients to help them achieve their fitness goals. Pilates focuses on core strength, breath awareness, and spinal alignment, while yoga is a collection of movements that energize and rejuvenate the whole body.
The increasing prevalence of obesity, due to unhealthy eating habits and lifestyles, is believed to be the main reason for chronic health problems, such as diabetes, thyroid diseases and others. People are therefore becoming more health conscious which is expected to drive the revenue growth of the global Pilates and yoga studios market. In addition, the growth of Pilates and yoga studios is also being spurred by increased Pilates and yoga memberships, as well as supportive government initiatives to promote healthy lifestyles.
The expansion of Pilates and yoga studios is driven by increased health awareness, increasing disposable income in developing countries, and the growing popularity of fitness activities. Promotions and marketing activities have always been an effective approach for Pilates and yoga businesses to expand their market reach. However, the presence of other alternatives, such as multi-specialty gyms, fitness centers, and therapeutic programs, limits the revenue growth of the Pilates and Yoga studios market.
Some highlights of the report
In November 2020, Restored Motion and Pilates, a Pilates studio in the United States, launched a new business called DUO Coffee and Pilates, where customers can choose their favorite coffee while exercising, whether it’s be it Professional Pilates, Classic or Contemporary Pilates or Yoga. . This strategic initiative has succeeded in increasing its customer base.
The yoga class segment accounted for a significantly large revenue share in 2020. Yoga is known to counterbalance a busy and overworked lifestyle that lacks sufficient exercise and relaxation.
The private segment accounted for a significantly large revenue share in 2020, which can be attributed to social distancing mandates enforced around the world to prevent the spread of the coronavirus.
Mid-sized segment revenue is expected to register a rapid growth rate during the forecast period. Innovative strategies undertaken by leading market players are a major factor that is expected to boost the revenue growth of this segment.
Revenue from the service provider segment is expected to register a rapid growth rate over the forecast period, owing to the growing demand for private instructors and yoga teachers across the globe.
The Asia-Pacific market accounted for the largest revenue share in 2020, driven by rising consumer healthcare spending. Over the past two decades, fitness trends and growing knowledge of alternative health practices in Asia-Pacific have led to growing interest in yoga and Pilates.
Major players in the market report are Pilates Plus LLC, The Pilates Yoga Company, Authentic Pilates, Fitness Firm Yoga and Pilates Studio, Core Pilates & Yoga, Flex Studios, Inc., M Pilates+Yoga, Yoga Vida, O2 Yoga and Fitness. Unlimited.
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Market scope:
One of the central elements of the report is the broad segmentation of the Pilates and Yoga Studios market which includes product type range, application spectrum, end-user industry landscape, important geographical regions and the main market competitors. The financial positions of key players, along with their gross profit, sales volume, sales revenue, manufacturing cost, and other financial ratios, have been accurately assessed in the report. In addition, several analytical tools such as investment assessment, SWOT analysis and Porter’s five forces analysis have been implemented by our analyst team to assess the production and distribution capabilities of players in the market for pilates and yoga studios.
Emergen Research has segmented the global Pilates and Yoga studios market on the basis of type, application, company size, sales channel and region:
Type Outlook (Revenue, USD billion, 2018-2030)
Pilates classes
Pilates & Yoga Accreditation Training
Sale of goods
Application Outlook (Revenue, USD Billion, 2018-2030)
Private
Group
Company Size Outlook (Revenue, USD Billion, 2018-2030)
Small business
Medium-sized company
Large-scale business
Sales Channel Outlook (Revenue, USD Billion, 2018-2030)
Maker
Distributer
Service provider
Secondary market
Table of Content of Global Pilates and Yoga Studios Market Report:
Chapter 1 describes Pilates and Yoga Studios introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2 analyzes the major manufacturers of Pilates and Yoga Studios and the sales, revenue and price of Pilates and Yoga Studios during the forecast period.
Chapter 3 studies the competitive situation among key manufacturers and suppliers, with the sales, revenue and market share.
Chapter 4 analyzes the global market by regions, with the Pilates and Yoga Studios sales, revenue and market share, for each region, from 2020 to 2027.
Chapter 5, 6, 7, 8, and 9 analyze the Pilates and Yoga Studios market by type, application, regions and manufacturers, with sales, revenue and market share by key countries in these regions… Continued
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