Pilates & Yoga Studios Market Strong Demand, Future Growth and Key Players 2018-2025

"Rise in trend of fitness activities is projected to drive the growth of the market in the near future. In addition, increase in young population willing to maintain healthy lifestyle is expected to be the major driver for the market. Moreover, healthy benefit, increase in workplace wellness program and high promotion activities significantly boosts the pilates & yoga studios market growth."

Pilates & yoga studios market size was valued at $87,926 million in 2017, and is projected to reach $215,811 million by 2025, growing at a CAGR of 11.7% from 2018 to 2025. U.S. held nearly two-fifths share of the global market in 2017.

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Growth in health awareness related to Pilates & yoga, promotional events by celebrities, and several government initiatives are the factors expected to drive the growth of the Pilates & yoga studios market. However, presence of gym, fitness centers, and other alternative facilities is anticipated to hamper the market growth globally.

The top factors influencing the growth of pilates & yoga studios market include increase in health consciousness, rise in obese population across world, initiatives by government to promote healthy lifestyle, health benefits associated with yoga & Pilates and celebrity endorsement & promotion. The major factor that limits the growth of the Pilates & yoga studios market is the presence of numerous substitutes.

Increased awareness regarding health & fitness is expected to significantly drive the growth of the pilates & yoga studios market. Although fitness consciousness is higher in urban areas, the market is expected to witness steady growth in semi-urban areas of the developing economies.

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The global Pilates & yoga studios market is segmented based on activity and region. Based on activity, the Pilates & yoga studios market is categorized into yoga classes, Pilates classes, Pilates & yoga accreditation training, and merchandise sales. Based on region, the Pilates & yoga studios market is studied across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa and rest of Latin America).

Key leading players operating in the Pilates and Yoga Studios industry are Alona Pilates, Authentic Pilates Ltd., Body & Soul yoga club(China), Core Pilates, Fitness Firm Yoga and Pilates Studio, Fitness Unlimited, Flex Studio, M Pilates+Yoga, Pilates Plus LLC., and Studio Pilates & Yoga, LLC.

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