Pilates & Yoga Studios Market 2020- Impact of COVID-19, Future Growth Analysis and Challenges | Alona Pilates, Authentic Pilates Ltd, Body&Soul yoga club(china), CORE PILATES, Fitness Firm Yoga and Pilates Studio
The 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.
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Rise in health awareness, increase in disposable incomes in developing countries, and popularity of physical fitness activities drive the growth of the Pilates & yoga studios market. Pilates & yoga studios market players have adopted promotional & marketing activities as their key strategy to increase their market reach.
The yoga classes segment is the top investment pocket owing to several health benefits including both physical and mental health. Also, this sector is anticipated to grow at the highest growth rate during the forecast period. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific generated the highest revenue in 2017. Increase in adoption of Pilates & yoga practices is largely attributed to consumers inclination towards healthy living and government initiatives such as International yoga day and organizing yoga campaigns by influential yogis such as Ramdev Baba in the Asia-Pacific region.
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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 & 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.
Other players in the Pilates & Yoga Studios industry include Endurance Pilates & Yoga, CORE Pilates & Yoga Studio, Breathe Pilates & Yoga, Pure International, The flow yoga and Pilates, Azulfit, The Movement Studio, Power Pilates Studio, Absolute Pilates SA, and Pilates Unlimited.
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