According to the latest report by IMARC Group, titled “Pilates & Yoga Studios Market by Activity Type (Yoga Classes, Pilates Classes, Pilates and Yoga Accreditation Training, Merchandise Sale), Application (Small Scale, Medium Scale, Massive), and Region 2023-2028,” the global pilates & yoga studios market size reached US$ 150.86 Billion in 2022. Pilates and yoga studios are tranquil, inviting spaces designed to promote calm and relaxation. They include single rooms, buildings with multiple study halls, props, and heated humified rooms. They are also equipped with numerous facilities that help offer professional guidance and classes. They are led by certified trainers and provide an environment conducive to the practice of exercises that enhance flexibility and build core strength. They maintain a clean, calm, and quiet environment for meditation. They are used for personal training sessions, group workouts, and virtual classes with instructors to motivate and train the users to achieve their desired fitness goals.
Global Pilates & Yoga Studios Market Trends:
The rising awareness among the masses about the health benefits of yoga and Pilates, including enhanced flexibility, reduced stress, improved posture and balance, and overall wellness, represents one of the key factors contributing to the market growth. Additionally, the increasing prevalence of sedentary lifestyles and associated health problems are encouraging individuals to adopt healthier habits, which is strengthening the market growth. Furthermore, the trend of corporate wellness programs, wherein employers incorporate Pilates and yoga classes to reduce workplace stress and improve employee productivity, is offering a favorable market outlook. The integration of advanced technologies, coupled with the rising trend of virtual classes and online tutorials, is also positively influencing the market. Moreover, partnerships, collaborations, and strategic acquisitions amongst major players for expanding their reach and offerings are supporting the market growth. Besides this, the advent of boutique fitness studios offering personalized training experiences that caters to the demand for specialized and premium services is propelling the market growth. Looking forward, the market value is projected to reach US$ 276.77 Billion by 2028, expanding at a CAGR of 10.10% during 2023-2028.
- Based on the activity type, the market has been segmented into yoga classes, Pilates classes, Pilates and yoga accreditation training, and merchandise sale. Yoga classes currently hold the largest market share.
- Based on the application, the market has been classified into small scale, medium scale, and massive. At present, small scale accounts for the majority of the market share.
- Region-wise, the market has been categorized into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
- The competitive landscape of the market has also been examined, with some of the key players being 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, and Studio A Pilates & Yoga.
|Base Year of the Analysis
|Activity Types Covered
||Yoga Classes, Pilates Classes, Pilates and Yoga Accreditation Training, Merchandise Sale
||Small Scale, Medium Scale, Massive
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||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, etc.
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