According to the latest market research study released by Technavio, the global Pilates equipment market is expected to grow at a CAGR of more than 8% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global Pilates equipment market based on the product type:
Global Pilates equipment market share by product type 2015
|
Pilates machines |
58.12% |
|
Pilates mats |
14.34% |
|
Pilates rings |
8.56% |
|
Pilates balls |
7.07% |
|
Other Pilates equipment |
11.91% |
Source: Technavio
The top four revenue contributing product type segments are discussed below:
Global Pilates machines market
In 2015, Pilates machines accounted for around 58% share in the global Pilates machines market. Pilates machines include products such as trapeze and towers, reformers, barrels and arcs, and chairs. These machines increase agility, balance, core strength, and power; develops even musculature, and improves proprioception, co-ordination, core and joint stability, foot/hand speed, reaction time, and hand-eye co-ordination. Moreover, intensive exercises with Pilates machines helps users to improve acceleration, body movement and stretching capabilities, cutting mechanics, deceleration, and shoulder movement speed.
“Various benefits of Pilates machines has made it popular among players of team sports such as rugby, football, hockey, and basketball. This has propelled the market’s growth opportunity in countries like Germany, Spain, the US, Canada, the UK, Italy, and France, where these sports are more popular,” says Arushi Thakur, an industry expert at Technavio for research on outdoor gear.
Popular Pilates reformers include Pilates CenterLine Reformer and Ron Fletcher Reformer, AeroPilates Reformer Plus 365, and Pilates Max Reformer. Some of the popular trapezes and towers, Pilates chairs, and Pilates barrels and arcs include Reformer with Trapeze and Combo Chair; Spine Corrector; and Guillotine Tower, Pilates CenterLine Cadillac, EXO Chair, Begin Chair, Avalon Step Barrel and Pilates Arc from Balanced Body Pilates.
Global Pilates mats market
Pilates mats find application in field sports such as cricket, rugby, football, baseball, and hockey. Different formats or arrangements are followed to build the Pilates platform while exercising through Pilates mats. The key factors of Pilates mats are adjustability and portability as these products can be carried anywhere and adjusted in different arrangements. The popular Pilates mats are STOTT PILATES Eco-Friendly 6mm Mat, Sivan Health and Fitness 10mm Yoga, and Gaiam – Premium Pilates Mat. It is anticipated that the global Pilates mats market will grow at a steady rate during the forecast period.
Global Pilates rings market
In the global Pilates equipment market, Pilates rings occupy the third spot among various product segments. Pilates rings are used mostly by team players and athletes who use Pilates rings to develop their speed, body movement, dribbling skills, and reflexive motor programming. Some of the popular Pilates rings in the global market include Pilates Exercise Resistance Fitness Rings, Power Systems Pilates Ring, and Sivan Health and Fitness Pilates Resistance Fitness Ring.
Global Pilates balls market
Pilates balls are generally used by sportspersons for training for games such as hockey, rugby, and football. Benefits such as its ability to reduce body weight, strengthen the core of the body, develop agility and change of direction, and create multiple training exercises result in its increased adoption during the estimated period. The Pilates balls segment gained popularity in developed countries such as Western Europe and North America. Technavio expects that the strengthening of the sports and fitness market in developing countries will boost growth in the markets of nations such as Indonesia, India, and China in APAC, Brazil in South America; and Russia, Serbia, and Bulgaria in Eastern Europe. Various popular Pilates balls in the global market include Anti-Burst Body Ball, CAP Fitness Stability Ball, Health and Fitness Anti-Burst Yoga Fitness and Stability Ball, and Stability Ball. The top leading vendors operating in the global Pilates equipment market are:
- Balanced Body
- Gratz Industries
- Merrithew
- Stamina Products
- Xtend Pilates
Other prominent vendors in the market include AGM Group, j/fit, Peak Pilates, Sivan Health and Fitness, and Tone Pilates.
A more detailed analysis is available in the Technavio report titled, ‘Global Pilates Equipment Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Yoga and Exercise Mats Market in North America 2016-2020
- Global Exercise Bike Market 2016-2020
- Global Cardiovascular Training Equipment Market 2016-2020
- Global Sports Bicycle Market 2016-2020
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