IMARC Group, a leading market research company, has recently releases report titled “Pilates & Yoga Studios Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global Pilates & yoga studios market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Pilates & Yoga Studios market?
The global Pilates & yoga studios market size reached US$ 166.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 365.1 Billion by 2032, exhibiting a growth rate (CAGR) of 8.82% during 2024-2032.
What are Pilates & Yoga Studios?
A Pilates and yoga studio is a dedicated space where individuals can engage in Pilates and yoga practices, fostering stress relief and enhancing their overall sense of wellness. Pilates and yoga represent distinct fitness approaches: Pilates emphasizes core strength, while yoga promotes holistic physical and mental well-being. These studios provide various services, including personalized training sessions, group classes, and virtual instruction from skilled trainers to support individuals in attaining their fitness objectives. Furthermore, these establishments offer a wide range of products such as apparel, mats, and various accessories essential for Pilates and yoga activities.
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What are the growth prospects and trends in the Pilates & Yoga Studios industry?
The Pilates & yoga studios market is experiencing significant growth due to several key factors. One major driver is the increasing awareness of health and fitness, particularly among the younger population. This heightened awareness is a response to the rising prevalence of sedentary lifestyles and various health issues like diabetes and obesity. Another contributing factor to the market’s growth is the substantial investment in innovative promotional and marketing strategies. These strategies encompass both online and offline advertising as well as celebrity endorsements, resulting in a higher number of memberships for Pilates and yoga studios. Moreover, a noteworthy trend is the incorporation of yoga and contemplation sessions by corporate entities as part of their employee wellness programs. This trend has a positive impact on the global market.
Who are the key players operating in the industry?
The report covers the major market players including:
- Authentic Pilates Ltd.
- Balance Pilates
- Core Pilates & Yoga
- Everyday Club Pty Ltd.
- Fitness Firm Yoga and Pilates Studio
- Fitness Unlimited
- Flex Studios Inc.
- Harmony Yoga Pilates Studio
- Innerstellar Pilates & Yoga Studio
- Longevita Pilates & Yoga Studio
- M Pilates and Yoga NJ
- Pilates Plus Online
- Pilates Unlimited
- Studio A Pilates & Yoga
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Activity Type:
- Yoga Classes
- Pilates Classes
- Pilates and Yoga Accreditation Training
- Merchandise Sale
Breakup by Application:
- Small Scale
- Medium Scale
- Massive
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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