Pilates Equipment Market

Pilates Equipment Market Snapshot (2023 to 2033)

The global pilates equipment market was valued at around US$ 116.8 million in 2022 and is projected to accelerate at a CAGR of 9.2% to top US$ 281.6 million by 2032.

Pilates equipment includes exercise machines such as Cadillacs, reformers, chairs, barrels and arcs, Pilates towers, and other accessories. They aid in the development of physical power, flexibility, posture, and cognitive interpretation. Diabetes, hypertension, obesity, and respiratory ailments are all common. Thus, rising healthcare consciousness and obesity have bolstered the market for pilates equipment.

Report Attributes	Details
Anticipated Base Year Value (2021)	US$ 107 Million
Expected Market Value (2022)	US$ 116.8 Million
Projected Forecast Value (2032)	US$ 281.6 Million
Global Growth Rate (2023 to 2033)	9.2% CAGR
Expected Market Share of the U.S. Market (2032)	40%
Anticipated Market Value of Europe (2023 to 2033)	34%
Major Pilates Equipment Service Providers	Ace Glass Inc.; Agilent Technologies Inc.; GE Healthcare; Gilson Inc.; Hamilton Company; MACHEREY-NAGEL GmbH & Co. KG; MicroSolv Technology Corporation; Perkin Elmer Inc.; Restek Corporation; Spectrum chromatography; Stoelting Co.; Thermo Fisher Scientific Inc.; Trajan Scientific and Medical; Valco Instruments Company Inc.; DWK Life Science GmbH; Valiant Co. Ltd.

Revenue Analysis of Pilates Equipment from 2018 to 2022 Vs Market Projections for 2023 to 2033

As per Fact.MR, a market research and competitive intelligence provider, the global market for pilates equipment was valued at US$ 107 Million in 2022. Many individuals around us are struggling with diseases such as diabetes, elevated blood pressure, obesity, and other lung problems. The increase in health awareness and the prevalence of obesity are two significant factors that have stimulated the expansion of the pilates equipment market over the last few decades.

People are devoting time from their hectic schedules to their health and body. Individuals nowadays acknowledge the importance of physical activity, which encourages them to make healthy and beneficial determinations about a variety of factors such as nutrients, physical exercise, sexual preference, sleep, the consumption of alcohol and drugs, self-care, and the proper use of health care facilities. This motivates people to purchase pilates equipment and will further drive market growth over the upcoming years. All of these factors are expected to drive the market at a 9.2% CAGR from 2022 to 2032.

Which are Some Prominent Drivers of the Pilates Equipment Market?

Millennials Contribute Significantly to Market Sales revenue

Millennials prefer individualized fitness, so clothing store studios with on-demand and individualized workout routines are in high demand. Customization has prompted boutique studios to provide more personalized services as well as lesser, more focused exercises. Tailored exercises will remain popular as millennials account for a higher proportion of health club subscriptions globally. Along with personally tailored sessions, the 'Instagrammable' nature of boutique studios is expanding Pilates' popularity. The social atmosphere of the boutique studio helps clients achieve results quicker, fueling requirements for Pilate equipment. Pilates has been utilized as a rehabilitation aid for centuries, but its popularity has recently expanded owing to its perceived and demonstrated benefits.

Pilates as a Rehabilitation Tool to Emerge as Positive Results to Open Up New Market Opportunities

Pilates has been utilized as a rehabilitation tool for the last several years; moreover, the popularity of Pilates equipment in rehabilitation programs has recently raised due to their perceived as well as proven benefits.

A 2017 review study conducted at Macquarie University in Australia discovered that Pilates has been favorable in the vast bulk of clinical trials, resulting in positive outcomes, particularly in the lowering of pains and impairment. Following the clinical utility, a majority of establishments, such as Pilates rehabilitation centers, have been ascertained, especially for injury rehab programs.

The rapid growth of Pilates equipment in rehab centers has contributed to the dissemination of information about the beneficial properties of Pilates in rehabilitation programs, particularly in proactively addressing and minimizing the impact of musculoskeletal disorders and other medical conditions.

What are the Challenges Faced by the Pilates Equipment Market?

High costs will impede product demand

The elevated prices of the product, as well as its low penetration in emerging economies, will most likely appear as market constraints for the development of pilates equipment in the forthcoming years.

Which Regional Market is the Most Profitable for Pilates Equipment Manufacturers?

Due to the increasing popularity of physical and psychological activities such as yoga among consumers across the United States, Canada, and Mexico, North America continues to dominate the pilates market globally. People across the United States and Canada are inspired by many fitness activities and integrating them into their regular lifestyle, which is sparking the region's market growth.

Women are more concerned about regular exercise since it has been proven that it improves body structure and upholds individual tasks. Pilates strengthens the abs, hips, buttocks, and lower spine. As a result, pilates equipment is more popular among women. This factor is intended to catapult the market in this region.

Pilates equipment sales are rising in Europe as folks get more energetic. These facilities are used by everyone. Many European schoolchildren participate in Pilates as a co-curricular activity. Many European athletes have shifted to virtual fitness programs that include meditation, yoga, and exercises. In Europe, the digital training program became prominent. Consumers can use social media to advertise their pilates benefits and encourage others to join a gym or purchase equipment. All of these factors contribute to regional demand for pilates equipment.

Country-wise Analysis

Which Country in the Asia Pacific Will Grow Significantly?

The key cause of Pilates equipment market expansion in China is rising per capita income

Due to the increase in government interventions to increase awareness about physical well-being, China is among the countries in the Asia-Pacific region that is growing at a rapid pace in terms of revenue production.

Population explosion and rising per capita income are the primary drivers of Pilates equipment market growth in China. Furthermore, increased fitness awareness and lifestyle changes provide an opportunity for Pilates equipment suppliers to gain a competitive edge in the market. Furthermore, businesses in this country are relying heavily on advertising marketing initiatives to improve sales and grow their clientele.

Why Will United States Witness High Market Growth?

Due to rising consumer enthusiasm for Pilates Activities, the US industry is consistently growing

Pilates is the most recognized and popular exercise in the United States. Such factors are propelling this country's market growth at a CAGR of 10.2%. Because of the greater consumer enthusiasm for Pilates training, the number of studios offering it is steadily expanding.

Furthermore, while women make up the majority of yoga and Pilates attendees, male participation has increased over the last five years, bolstering the growth of the Pilates equipment industry in the U.S.

Country-wise Forecast CAGRs for the Pilates Equipment Industry

Region	CAGR
China	10%
U.S.	10.2%
Australia	8%
France	8.7%

Category-wise Insights

Which Sales Channel Segment will witness Major Growth?

Many Automakers have a large online presence that provides digital branding

Attractive discounts and the growing popularity of home gyms are the primary factors driving the surge in fitness equipment sales via the online sales channel. Pilates equipment market leaders are collaborating with popular e-commerce platforms to enhance product exposure.

Furthermore, enterprises in the Pilates equipment market such as Merrithew Corporation, Stamina Products, Inc., Peak Pilates, and Balanced Body have a robust online presence that provides both branding and e-retailing purposes. As a result, the third-party online segment will expand rapidly in the coming decades.

Which Product Type segment will Dominate the Industry?

In recent years, the Pilates reformers segment has captured the largest market revenue

The Pilates reformers segment is holding the largest market share in 2022. Advanced Pilates can be performed on Pilates reformers, which reinforces the core muscles.

Pilates reformers improve flexibility, maintain balance, mobilize the spine, and improve coordination. These factors are causing consumers to buy reformers, which is driving the segment's growth.

Market Competition

Key players in the Pilates Equipment market are CASA Pilates Equipment, Dezhou Kangbei Fitness Equipment Co., Ltd., Sivan Health and Fitness, SPIN FITNESS, Bonepilates, Tirado Pillates Apparatus, Balanced Body, Gratz™ Pilates, MAD DOGG ATHLETICS, INC., The Joint Workshop Pty Ltd., Merrithew Corporation, Stamina Products Incorporation, AGM Group, Re-Juvenate Pilates and many others.

• Merrithew Corporation introduced an all-black Jumpboard in May 2022, a stylish inclusion to the SPX® Onyx or MPXTM Reformer. This board has a firm, padded jumping surface that permits biomechanically correct foot placement during plyometric and aerobic exercise.
• Balance Body's lightweight Pilates ArcTM, which was launched in February 2020, offers a supportive position for spinal reinforcing and flexibility. Ideal for treating hyperkyphosis and forward head posture.

Key Segments Profiled in the Pilates Equipment Industry Survey

• Product Type

  • Cadillac
  • Reformers
  • Chairs
  • Barrels & Arcs
  • Pilates Towers and Accessories

• Buyer Type

  • Individual
  • Institutional
  • Pilates clubs
  • Health clubs

• Sales Channel

  • Specialty Stores
  • Modern Trade Channel
  • Direct-to-Customer Channels
  • Third Party Online Channels