Pilates Equipment Market Size Is Set To Grow By USD 106.44 Million From 2021 To 2026 Descriptive Analysis Of Five Forces Model, Market Dynamics, And Segmentation- Technavio

(MENAFN- PR Newswire)

NEW YORK, Feb. 8, 2023 /PRNewswire/ --
According to Technavio, the global pilates equipment market size is estimated to grow by USD
106.44 million from 2021
to 2026. The market is estimated to grow at a CAGR of about
9.22% during the forecast period. North America will account for the largest share of the global market during the forecast period.

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

Pilates equipment market - Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers–

• Bargaining power of buyers
  
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Pilates equipment market – Customer Landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Pilates equipment market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on product (Pilates machines, Pilates mats, Pilates rings, Pilates balls, and Others).

• The pilates machines
  segment will account for a significant share of the global market during the forecast period. Factors such as
  product innovations, the rising demand for lightweight, eco-friendly materials, and the increased adoption of pilates machines in developed countries are expected to drive the growth of this segment during the forecast period.

Geography Overview
By geography, the global pilates equipment market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global pilates equipment market.

• North America is estimated to account for 37% of the growth of the global market during the forecast period.
  A rise in the millennial population joining fitness and recreational sports centers, coupled with technologically innovative fitness equipment specially designed for end-users, will facilitate the
  pilates equipment market growth in North America over the forecast period.
  

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Pilates equipment market – Market Dynamics
Key factor driving market growth

• The increasing demand for home fitness equipment is one of the factors driving the
  pilates equipment market growth.
• Time constraint, especially among working professionals, makes it difficult for people to have definite workout schedules. However, home fitness equipment enables people to undertake workouts without stepping out of their houses.
  
• From March 2020, the sales of home fitness equipment, including pilates equipment, witnessed a significant surge through the online channel owing to the outbreak of COVID-19.
  
• The rise in the adoption of a sedentary lifestyle is exposing people to a high risk of developing health conditions, such as anxiety, obesity, type-2 diabetes, and osteoporosis.
• There is an increase in the prevalence of chronic back pain globally due to the lack of physical activity among youth. Furthermore, hectic work schedules and an increase in health issues have compelled people to undertake some form of exercise daily to remain healthy and prevent health-related issues.
• The increasing awareness about the importance of a healthy lifestyle has led to a rise in the demand for fitness equipment, including pilates equipment.
  

Leading trends influencing the market

• The increasing number of online fitness training programs is one of the key
  pilates equipment market trends fueling the market growth.
• Primarily, in this digital era, information is only a click away. Moreover, people are increasingly using the internet and its applications in their daily life.
• The lack of healthy lifestyles and fitness is becoming a concern for people, which encourages them to enroll in fitness centers.
• Several portals and websites on the internet provide free fitness training at nominal subscription fees. This attracts a lot of fitness-conscious customers as it provides them the comfort of practicing in their homes instead of going to gyms and health clubs.
• The
  training programs are very convenient for working women, housewives, and those unable to travel to health clubs and fitness centers due to the time crunch. Thus, the increasing number of online fitness training programs is expected to positively influence the growth of the global pilates equipment market during the forecast period.

Major challenges hindering market growth

• The rising popularity of other forms of fitness formats is one of the key factors challenging the
  pilates equipment market growth.
• Fitness products and equipment, including pilates equipment, face significant competition from other fitness activities, such as yoga and cardio exercises. Yoga not only helps in relaxing the mind but also aids in burning calories and toning up muscles with all the stretching.
• The
  traditional workouts offer the same benefits as a strength workout, such as improving strength and relaxing the muscles. Also, the twisting, stretching, and folding poses in yoga help strengthen the digestive system and circulatory systems.
• Consumers prefer other strength equipment, such as weight plates and bars, benches and racks, home gyms, barbells, and kettlebells. Some of the barbells are designed in such a way that they are ultra-lightweight
  with a small diameter and can be loaded with light weights. They also act as effective equipment for performing cardio workouts.
• The
  alternative formats involve low initial investment and low cost of operations in terms of both sourcing and maintaining the equipment compared with pilates equipment. Besides, they also have greater reach in terms of higher awareness compared with pilates programs in both developed as well as developing economies. Hence, the presence of substitute fitness equipment will pose a challenge to the growth of the market during the forecast period.

drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. find more insights in a sample report!

What are the key data covered in this pilates equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pilates equipment market between 2022 and 2026
• Precise estimation of the size of the pilates equipment market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the pilates equipment market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of pilates equipment market vendors

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Pilates Equipment Market Scope
Report Coverage	Details
Page number	135
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 9.22%
Market growth 2022-2026	USD 106.44 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	8.7
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 37%
Key countries	US, Canada, China, UK, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents

1 Executive Summary

• 1.1 Market overview
  • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
  • Exhibit 06: Executive Summary – Chart on Incremental Growth
  • Exhibit 07: Executive Summary – Data Table on Incremental Growth
  • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
  • Exhibit 09: Parent market
  • Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
  • Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
  
  • Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
  
  • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
  • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
  
  • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
  
  • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
  
  • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
  
  • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
  • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
  • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
  • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
  • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product
  
  • Exhibit 26: Chart on Comparison by Product
  • Exhibit 27: Data Table on Comparison by Product

• 5.3 Pilates machines - Market size and forecast 2021-2026
  
  • Exhibit 28: Chart on Pilates machines - Market size and forecast 2021-2026 ($ million)
  • Exhibit 29: Data Table on Pilates machines - Market size and forecast 2021-2026 ($ million)
  • Exhibit 30: Chart on Pilates machines - Year-over-year growth 2021-2026 (%)
  • Exhibit 31: Data Table on Pilates machines - Year-over-year growth 2021-2026 (%)

• 5.4 Pilates mats - Market size and forecast 2021-2026
  
  • Exhibit 32: Chart on Pilates mats - Market size and forecast 2021-2026 ($ million)
  • Exhibit 33: Data Table on Pilates mats - Market size and forecast 2021-2026 ($ million)
  • Exhibit 34: Chart on Pilates mats - Year-over-year growth 2021-2026 (%)
  • Exhibit 35: Data Table on Pilates mats - Year-over-year growth 2021-2026 (%)

• 5.5 Pilates rings - Market size and forecast 2021-2026
  
  • Exhibit 36: Chart on Pilates rings - Market size and forecast 2021-2026 ($ million)
  • Exhibit 37: Data Table on Pilates rings - Market size and forecast 2021-2026 ($ million)
  • Exhibit 38: Chart on Pilates rings - Year-over-year growth 2021-2026 (%)
  • Exhibit 39: Data Table on Pilates rings - Year-over-year growth 2021-2026 (%)

• 5.6 Pilates balls - Market size and forecast 2021-2026
  
  • Exhibit 40: Chart on Pilates balls - Market size and forecast 2021-2026 ($ million)
  • Exhibit 41: Data Table on Pilates balls - Market size and forecast 2021-2026 ($ million)
  • Exhibit 42: Chart on Pilates balls - Year-over-year growth 2021-2026 (%)
  • Exhibit 43: Data Table on Pilates balls - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
  
  • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
  • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
  • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
  • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Product
  
  • Exhibit 48: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
  
  • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
  
  • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
  • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
  
  • Exhibit 52: Chart on Geographic comparison
  • Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
  
  • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
  • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
  
  • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
  
  • Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
  
  • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
  • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
  
  • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
  
  • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
  • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
  • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
  • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026
  
  • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
  • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
  • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
  • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
  
  • Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
  • Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
  • Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
  • Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
  
  • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
  • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
  • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
  • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
  
  • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
  • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
  • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
  • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
  
  • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
  
  • Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
  • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
  • Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks
  • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
  • Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors
  
  • Exhibit 100: Matrix on vendor position and classification

• 10.3 Align Pilates Equipment Ltd
  
  • Exhibit 101: Align Pilates Equipment Ltd - Overview
  • Exhibit 102: Align Pilates Equipment Ltd - Product / Service
  • Exhibit 103: Align Pilates Equipment Ltd - Key offerings

• 10.4 Balanced Body Inc.
  • Exhibit 104: Balanced Body Inc. - Overview
  • Exhibit 105: Balanced Body Inc. - Product / Service
  • Exhibit 106: Balanced Body Inc. - Key offerings

• 10.5 BASI Systems Pilates Sanayi Ticaret Anonim Sirketi
  
  • Exhibit 107: BASI Systems Pilates Sanayi Ticaret Anonim Sirketi - Overview
  • Exhibit 108: BASI Systems Pilates Sanayi Ticaret Anonim Sirketi - Product / Service
  • Exhibit 109: BASI Systems Pilates Sanayi Ticaret Anonim Sirketi - Key offerings

• 10.6 CAP Barbell
  • Exhibit 110: CAP Barbell - Overview
  • Exhibit 111: CAP Barbell - Product / Service
  • Exhibit 112: CAP Barbell - Key offerings

• 10.7 Gratz Industries LLC
  • Exhibit 113: Gratz Industries LLC - Overview
  • Exhibit 114: Gratz Industries LLC - Product / Service
  • Exhibit 115: Gratz Industries LLC - Key offerings

• 10.8 Mad Dogg Athletics Inc.
  
  • Exhibit 116: Mad Dogg Athletics Inc. - Overview
  • Exhibit 117: Mad Dogg Athletics Inc. - Product / Service
  • Exhibit 118: Mad Dogg Athletics Inc. - Key offerings

• 10.9 Merrithew International Inc.
  
  • Exhibit 119: Merrithew International Inc. - Overview
  • Exhibit 120: Merrithew International Inc. - Product / Service
  • Exhibit 121: Merrithew International Inc. - Key offerings

• 10.10 PilatesEquip The Joint Workshop Pty Ltd.
  
  • Exhibit 122: PilatesEquip The Joint Workshop Pty Ltd. - Overview
  • Exhibit 123: PilatesEquip The Joint Workshop Pty Ltd. - Product / Service
  • Exhibit 124: PilatesEquip The Joint Workshop Pty Ltd. - Key offerings

• 10.11 Sivan Health and Fitness
  
  • Exhibit 125: Sivan Health and Fitness - Overview
  • Exhibit 126: Sivan Health and Fitness - Product / Service
  • Exhibit 127: Sivan Health and Fitness - Key offerings

• 10.12 Stamina Products Inc.
  
  • Exhibit 128: Stamina Products Inc. - Overview
  • Exhibit 129: Stamina Products Inc. - Product / Service
  • Exhibit 130: Stamina Products Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
  
  • Exhibit 131: Inclusions checklist
  • Exhibit 132: Exclusions checklist

• 11.3 Currency conversion rates for US$
  
  • Exhibit 133: Currency conversion rates for US$

• 11.4 Research methodology
  • Exhibit 134: Research methodology
  • Exhibit 135: Validation techniques employed for market sizing
  • Exhibit 136: Information sources

• 11.5 List of abbreviations
  
  • Exhibit 137: List of abbreviations

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