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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

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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..

Technavio has announced its latest market research report titled Global Pilates Equipment Market 2024-2028

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

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.

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