Pilates equipment and gears market CAGR to be at 10.5% | $521.8 million Industry Revenue by 2031

Pilates Equipment and Gears Market generated $144.2 million in 2015, and is estimated to reach $521.8 million by 2031, witnessing a CAGR of 10.5% by 2031

DELAWARE, WILMINGTON, UNITED STATES, July 10, 2024 /EINPresswire.com/ -- Increase in the number of fitness & health clubs, rise in awareness about fitness among consumers, increase in incidence of obesity among the0 population, health advantages offered by pilates equipment and gears propel the growth of the global pilates equipment and gears market. Based on application, the commercial space segment would lead the market in terms of revenue during the forecast period.

According to the report published by Allied Market Research, the global Pilates Equipment and Gears Market generated $144.2 million in 2015, and is estimated to reach $521.8 million by 2031, witnessing a CAGR of 10.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

➡️𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-sample/13268

Covid-19 Scenario:

The outbreak of the COVID-19 pandemic led to the rise in awareness among individuals of maintaining proper fitness, resulting in the opening of new pilates studios and fitness centers.
This influenced the sales of equipment in the residential sector as consumers were eager to perform exercises at their homes to improve their fitness. This boosted the growth of the pilates equipment and gears market.

The report offers a detailed segmentation of the global pilates equipment and gears market based on type, application, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on type, the pilates reformers segment held the largest share in 2015, accounting for nearly one-fourth of the global pilates equipment and gears market, and would maintain its dominance during the forecast period. However, the others segment is estimated to witness the fastest CAGR of 14.7% during the forecast period.

Based on application, the commercial space segment held the largest share in 2015, accounting for nearly three-fifths of the global pilates equipment and gears market and would lead the market in terms of revenue during the forecast period. However, the residential space segment would witness the fastest CAGR of 11.5% during the forecast period.

➡️ 𝐋𝐈𝐌𝐈𝐓𝐄𝐃-𝐓𝐈𝐌𝐄 𝐎𝐅𝐅𝐄𝐑 – 𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝟏𝟓 % 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/checkout-final/badc9ab99fd7f84fe73d29ffc9f45696

Based on distribution channel, the specialty stores segment held the largest share in 2015, accounting for around two-fifths of the global pilates equipment and gears market and would lead the market during the forecast period. However, the e-commerce segment would witness the fastest CAGR of 11.3% during the forecast period.

Based on region, the market in Asia-Pacific was the largest in 2015, accounting for nearly one-third of the global pilates equipment and gears market share, and is likely to maintain its leadership status during the forecast period. The same market is expected to manifest the highest CAGR of 11.3% from 2022 to 2031. The other regions analyzed in the study include North America, Europe, and LAMEA.

Leading players of the global pilates equipment and gears market analyzed in the research include Balanced Body, Inc., Beverly Hills Fitness LLC., Align-Pilates Equipment Ltd., Stamina Products, Inc., Gratz Industries, LLC., Mad Dogg Athletics, Inc., Aeromat/Ecowise, Elina Pilates, DECATHLON S.A., and Merrithew International Inc.

The report analyzes these key players of the global pilates equipment and gears market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

➡️𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/13268

➡️𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
• Pilates & Yoga Studios Market is projected to reach $215,811 million by 2025
https://www.alliedmarketresearch.com/pilates-and-yoga-studios-market

• Gym Accessories Market is projected to reach $12.01 billion by 2031
https://www.alliedmarketresearch.com/gym-accessories-market-A16938

• Hiking Gear & Equipment Market is projected to reach $28,789.7 million by 2026
https://www.alliedmarketresearch.com/hiking-gear-and-equipment-market-A06089

• Pilates Equipment Market Opportunity Analysis and Industry Forecast 2021-2028
https://www.alliedmarketresearch.com/pilates-equipment-market-A31489

• Europe Pilates & Yoga Studios Market is projected to reach $71,156.6 million by 2030
https://www.alliedmarketresearch.com/europe-pilates-and-yoga-studios-market-A10850

David Correa
Allied Market Research
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