Pilates and Yoga Studios Market Growing at a CAGR 11.2% | Key Player - Fitness Firm Yoga and Pilates Studio
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Rise in health awareness and surge in the number of fitness enthusiasts are expected to drive market revenue growth
VANCOUVER, BC, CANADA, November 16, 2022 /EINPresswire.com/ -- The global Pilates and yoga studios market size is expected to reach USD 340.61 Billion in 2030 and register a revenue CAGR of 11.2% over the forecast period, according to latest report by Emergen. Rapid increase in obese population is boosting health awareness activities and celebrity endorsement and promotion, which are expected to drive global Pilates and yoga studios market revenue growth during the forecast period.
Pilates and yoga studios provide convenient workout sessions with instructors, for giving proper guidance and encouragement to clients to help them achieve their fitness goals. Pilates focuses on core strength, breath awareness, and spine alignment, whereas yoga is a collection of movements that stimulate and rejuvenate the entire body. Increasing prevalence of obesity, owing to unhealthy food habits and lifestyles, is considered the main reason behind chronic health issues, such as diabetes, thyroid disease, and others. People are, therefore, becoming more health conscious, which is expected to drive the global Pilates and yoga studios market revenue growth. Furthermore, growth of Pilates and yoga studios is also being driven by increase in Pilates and yoga memberships, as well as supportive government initiatives to promote healthy lifestyles.
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How will this Report Benefit you?
The 250-page report by Emergen Research contains 194 tables and 189 charts and graphs. Anyone in need of a commercial, in-depth assessment of the global Pilates and Yoga Studios market and comprehensive market segment analysis can benefit from our new research. With the latest research, you can estimate the entire Pilates and Yoga Studios regional and global markets. To grow your market share, get financial analysis of the entire market and its various segments. We believe there is great potential for fast-growing energy storage technology in this industry. Find out how to leverage current and potential revenue streams in this area. Research also helps you make better strategic decisions, allowing you to formulate growth strategies, enhance competitive analysis, and improve business productivity.
Some Key Highlights from the Report
In November 2020, Restored Motion and Pilates, a Pilates studio in the U.S., launched a new venture called DUO Coffee and Pilates, where customers can choose their favorite coffee along with workout, whether it is professional Pilates, classical or contemporary Pilates, or yoga. This strategic initiative has successfully increased its customer base.
Yoga classes segment accounted for a significantly large revenue share in 2020. Yoga is recognized to counterbalance a busy and overworked lifestyle that lacks sufficient exercise and relaxation.
Private segment accounted for a significantly large revenue share in 2020, which can be attributed to social distancing mandates enforced all over the world to prevent the spread of coronavirus.
Medium scale enterprise segment revenue is expected to register a rapid growth rate during the forecast period. Innovative strategies undertaken by key market players is a major factor expected to drive revenue growth of this segment.
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Pilates and Yoga Studios market.
Key players involved:
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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Emergen Research has segmented the global Pilates and yoga studios market on the basis of type, application, enterprise size, sales channel, and region:
Type Outlook (Revenue, USD Billion, 2018–2030)
Yoga Classes
Pilates Classes
Pilates & Yoga Accreditation Training
Merchandise Sales
Application Outlook (Revenue, USD Billion, 2018–2030)
Private
Group
Enterprise Size Outlook (Revenue, USD Billion, 2018–2030)
Small Scale Enterprise
Medium Scale Enterprise
Large Scale Enterprise
Sales Channel Outlook (Revenue, USD Billion, 2018–2030)
Manufacturer
Distributor
Service Provider
Aftermarket
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Outlook of Pilates and Yoga Studios Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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What Questions Should You Ask before Buying a Market Research Report?
How is the Pilates and Yoga Studios-market evolving?
What is driving and restraining the Pilates and Yoga Studios market?
How will each Pilates and Yoga Studios submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Pilates and Yoga Studios submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Pilates and Yoga Studios markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Pilates and Yoga Studios projects for these leading companies?
How will the industry evolve during the period between 2020 and 2030? What are the implications of Pilates and Yoga Studios projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Pilates and Yoga Studios market?
Where is the Pilates and Yoga Studios-market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
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