Global Pilates Equipment Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Pilates is an exercise that uses a series of physical exercises to build strength, improve stability, and improve flexibility while promoting body awareness and good core control. Pilates equipment is a device that assists users in performing Pilates exercises. Small, portable equipment such as Pilates mats and rings. Large equipment such as Pilates bed and Cadillac bed.
Market Overview:The latest research study on the global Pilates Equipment market finds that the global Pilates Equipment market reached a value of USD 305.29 million in 2023. It’s expected that the market will achieve USD 437.28 million by 2029, exhibiting a CAGR of 6.17% during the forecast period.
ONCAP takes majority interest in Merrithew International
Feb 18, 2022
ONCAP announced it has purchased a majority stake in Merrithew International Inc. (Merrithew or the Company), in partnership with the Company's founders, Lindsay and Moira Merrithew. Merrithew is a global leader in mindful movement as one of the largest developers, manufacturers and retailers of Pilates equipment, accessories, content and education worldwide. The Company's innovative education and certification programs for fitness instructors operate under several global brands including STOTT PILATES®, ZEN·GA®, Total Barre®, Halo® Training, Merrithew Fascial Movement, and CORE Athletic Conditioning and Performance Training. Founded in 1988 and headquartered in Toronto, Ontario, Merrithew has trained more than 60,000 instructors and partners worldwide since inception.
People are more concerned about health
As the pandemic poses a threat to global health, more and more people are realizing the importance of exercise. Pilates is a unique gymnastics sport that originated in Germany. Long-term adherence to Pilates can improve human posture and body balance, strengthen core muscles, flexibility and muscle coordination. In recent years, more and more people have learned about and participated in this sport. As an integral part of Pilates exercise, Pilates equipment is increasingly favored by consumers. All one needs is a comfortable mat and some assistive equipment, and you can practice at home or at the gym. This convenient feature makes Pilates ideal for busy modern people who want to exercise without additional time and cost. Consumers of home Pilates equipment prefer Pilates equipment that takes up less space, is portable, and is easy to store and store. Commercial Pilates equipment is commonly used in professional training facilities such as Pilates gyms. It requires both portable equipment, such as a Pilates mat, and large equipment, such as a Pilates bed. As Pilates becomes more and more popular among the public, the demand for Pilates equipment will gradually increase.
The improvement effect of Pilates on posture
Nowadays, manners have become an indispensable part of people's face-to-face interactions. A person's deportment not only reflects his cultivation and connotation, but also directly affects his image and impression in the minds of others. Correct practice of Pilates can improve poor body posture. Whether they are people exercising in the gym or ordinary people, everyone will have posture incoordination or asymmetry due to work, housework, study, etc. By insisting on Pilates training, body incoordination can be adjusted and improved, such as common high and low shoulders, spinal deformation, forward head tilt, etc. Correct Pilates requires equipment to assist, so the market demand for Pilates equipment will also grow.
Region Overview:North America is projected to account for a considerable share of the Pilates Equipment market and is expected to become the largest region by 2028.
Company Overview:Merrithew, Balanced Body, Gratz Industries, BASI Systems, Peak Pilates are the five key players in the global Pilates Equipment market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Pilates Equipment market in the past 5 years.
Segmentation Overview:Among different product types, Pilates Machines segment is anticipated to contribute the largest market share in 2028.
Pilates Machines use a series of springs and pulleys to provide variable resistance in many different positions. It can perform most of the functions of other Pilates equipment, but it is relatively large and difficult to store.
Pilates Mats are one of the most commonly used pieces of Pilates equipment. It can provide sufficient support and cushioning, protect joints and bones, and prevent sliding.
The Pilates ring, also known as a resistance ring, was invented by the founder of Pilates and is designed to provide resistance so that users can perform strength exercises.
Pilates ball, also known as balance ball, is a colorful inflatable ball made of elastic material. Suitable for mat Pilates movements. The Pilates ball is suitable for mat Pilates movements. It increases the difficulty of the movements by increasing instability, thereby improving the strength of the core muscles and body coordination.
Application Overview:By application, the Commercial segment occupied the biggest share from 2018 to 2022.
Commercial Pilates equipment is usually used in commercial establishments such as Pilates gyms. This type of place provides more professional equipment and Pilates guidance, which requires the use of large equipment such as Pilates beds, as well as small equipment such as Pilates mats and Pilates balls.
For reasons of cost and storage, when people purchase home-use Pilates equipment, they usually choose equipment that is easy to store, occupies a small area, and is movable, such as Pilates mats, Pilates balls, etc.
Key Companies in the global Pilates Equipment market covered in Chapter 3:Pilates Health Equipment
The Mad Group (HQ) Limited
Xtend Pilates
Merrithew
Stamina Products
Gratz Industries
Peak Pilates
Balanced Body
BASI Systems
Sivan Health and Fitness
In Chapter 4 and Chapter 14.2, on the basis of types, the Pilates Equipment market from 2019 to 2030 is primarily split into:Pilates Machines
Pilates Mats
Pilates Rings
Pilates Balls
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pilates Equipment market from 2019 to 2030 covers:Commercial
Household
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)