Global Pilates and Yoga Studios Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pilates and Yoga Studios Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A Pilates and yoga studio is a space, structure, or location where Pilates and yoga classes are taught, and it could be a single room, or a building with multiple study halls with props or heated humidified rooms. Pilates and yoga studios include group workouts with instructors who train and motivate clients to achieve their health and well-being goals. Pilates and yoga are two distinct styles of exercise that aid in development of adaptability, strength, and deep, conscious breathing, among other things.

Market Overview:

The latest research study on the global Pilates and Yoga Studios market finds that the global Pilates and Yoga Studios market reached a value of USD 51662.75 million in 2022. It’s expected that the market will achieve USD 91748.7 million by 2028, exhibiting a CAGR of 10.05% during the forecast period.

An increase in per capita disposable income

According to data released by the National Bureau of Statistics of China, in 2021, the per capita disposable income of residents nationwide will be 35,128 yuan, a nominal increase of 9.1% over the previous year. According to Statista, the per capita disposable income of Americans will be $47,241 in 2020 and $48,219 in 2021. As per capita disposable income increases, more people will have the ability to buy one-on-one Pilates and yoga classes and bundle courses financial resources required. Furthermore, higher per capita disposable income is likely to benefit the Pilates and Yoga Studios industry by spurring consumer demand for its assistive products. Hence, the projected increase in per capita disposable income will bring potential opportunities for the Pilates and Yoga Studios industry.

Increased Health Awareness Will Drive Industry Growth

Pilates and yoga studios offer convenient instructor-led workout sessions that provide clients with the proper guidance and encouragement to help them achieve their fitness goals. Pilates focuses on core strength, breath awareness, and spinal alignment, while yoga is a series of exercises that stimulate and rejuvenate the entire body. The rising prevalence of obesity due to unhealthy eating habits and lifestyles is believed to be the main reason behind chronic health problems like diabetes, thyroid disease, etc. According to Worldometer data, more than 800 million people are obese in the world. In the U.S., about 40 percent of U.S. adults are obese, according to the Centers for Disease Control (CDC). Numerous studies are showing that obesity is associated with several serious chronic diseases, including type 2 diabetes, cardiovascular disease, high blood pressure, and stroke, as well as some forms of cancer. Obesity has also become one of the important risks that threaten people's health. With the continuous rise of people's health awareness, more and more people are aware of the harm caused by obesity and begin to improve their health through various exercise methods. As people's health awareness rises, spending on maintaining physical and mental health will continue to rise. Hence, people are becoming more health conscious, which is expected to drive the growth of the global Pilates and Yoga Studios market revenue.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (32.54% in 2021).

Company Overview:

CLUB PILATES, LAVA, and CorePower Yoga were the top 3 players in the Pilates and Yoga Studios market in 2022, taking up a market share of 2.00% together.

Founded in 2007, Club Pilates is the largest Pilates brand by a number of studios, designed with the vision of making Pilates more accessible, approachable, and welcoming to everyone. Club Pilates offers extensive training certification for its instructors. Its 500-hour training program includes instruction on Pilates, barre, Triggerpoint, and TRX Suspension Trainers.

In 2002, Trevor opened the first CorePower Yoga Studio on Grant Street in downtown Denver, Colorado, offering an exclusive form of exercise, heated yoga in a modern, intimate and spa-like studio. The company focuses on the fields of yoga, health, yoga teacher training and fitness.

Segmentation Overview:

Among different product types, the Yoga Classes segment is anticipated to contribute the largest market share in 2027.

Yoga is an ancient practice that may have originated in India. It involves movement, meditation, and breathing techniques to promote mental and physical well-being. Modern yoga focuses on exercise, strength, agility, and breathing. It can help Trusted Source boost physical and mental well-being. Yoga Classes is a series of courses about yoga.

Pilates is a form of exercise that concentrates on strengthening the body with an emphasis on core strength. This helps to improve general fitness and overall well-being. Pilates Classes is a series of courses on Pilates.

Pilates & Yoga Accreditation Training Classes refers to a series of training courses that individual consumers receive in the process of becoming Pilates & yoga instructor.

Merchandise Sales refers to products or equipment related to yoga and Pilates. Such as yoga clothes, yoga mats, and so on.

Application Overview:

By application, the Private segment occupied the biggest share from 2017 to 2022.

Private means that the yoga or Pilates instructor will set up the teaching content according to the specific situation of the students to ensure the best results. The price of Private is expensive, but the time is flexible and the effect of the class is the best.

The group refers to the most common group courses in Pilates and Yoga Studios, which can be attended in the form of an annual card and monthly card.

Key Companies in the global Pilates and Yoga Studios market covered in Chapter 3:

CALDO
Hotpod Yoga
YogaSix
Li Xin Pilates
IM=X 
ZEN PLACE Co., Ltd.
LAVA
Body & Brain
CorePower Yoga
LIFE CREATE Co., Ltd.
AMI-IDA
Honor Yoga Studio
FineYoga
Fanyu International Yoga
CLUB PILATES

In Chapter 4 and Chapter 14.2, on the basis of types, the Pilates and Yoga Studios market from 2018 to 2029 is primarily split into:

Yoga Classes
Pilates Classes
Pilates & Yoga Accreditation Training
Merchandise Sales

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pilates and Yoga Studios market from 2018 to 2029 covers:

Private
Group

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) 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)