Pune, Dec 8 2022: Maximize Market Research has published a report on the Pilates and Yoga Studios Market that provides a detailed analysis for the forecast period of 2022 to 2029. According to the report, Pilates and Yoga Studios Market size was valued at US$ 140.12 Bn. in 2021 and the total revenue is expected to grow at 11.4% of CAGR through 2022 to 2029, reaching nearly US$ 332.35 Bn.
Pilates and Yoga Studios Market Research Methodology:
The research methodology used to estimate and forecast the pilates and yoga studios market began with capturing data on key vendor revenues. The market size of individual segments was determined through various secondary sources including industry associations, white papers, and journals. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up approach was employed to arrive at the overall size of the market, by considering the pilates and yoga studios adoption rate and Pilates and Yoga Studios pricing by key players, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as Vice Presidents (VPs), directors, and related executives in the market. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.
Pilates and Yoga Studios Market Overview:
Yoga is based on three main tenets: exercise, meditation, and breathing. Pilates is a series of roughly 500 exercises inspired by yoga, ballet, and callisthenics. Pilates and yoga studios can be any space, structure, or location where training sessions for these disciplines are held.
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Pilates and Yoga Studios Market Dynamics:
The pilates and yoga studios market is growing fast due to increased awareness of the advantages that yoga and pilates provide. Pilates helps your shoulders, neck, and upper back relax while also enhancing your posture and flexibility. It also strengthens and tones your muscles. Additionally, pilates helps with stress management by promoting relaxation and enhances alertness, attention, and body awareness. Numerous exercises that are part of pilates must be done while controlling your abdominal muscles and using suitable breathing techniques. Pilates can be divided into two main categories: mat-based and equipment-based. Both of these types aid in coordination and balance as well as improving body posture.
On the other hand, yoga poses, also known as asanas, improve the functioning of the cardiovascular system by bringing blood pressure levels back to normal. Additionally, it makes the digestive system function better by enhancing blood flow, enhancing muscular power, enhancing body composition, and preventing osteoporosis. During the period of the investigation, it is predicted that all of these advantages would fuel the pilates and yoga studios market.
Pilates and Yoga Studios Market Regional Insights:
Geographically, Asia Pacific recognized a noticeable share of the Pilates and Yoga Studios Market. The regional pilates and yoga studios market is anticipated to grow more quickly than average over the course of the forecast period due to rising awareness of the spiritual and therapeutic advantages of yoga as well as the striking increase in the number of yoga schools and studios in this region.
Pilates and Yoga Studios Market Segmentation:
by Applications
by Activity
The Yoga Classes segment accounted for the largest market share at a growing rate of 12.40% during the forecasted period. This is due to an increase in the adoption of yoga for balancing stress which is in daily routine.
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Pilates and Yoga Studios Market Key Competitors:
Maximize Market Research is leading research firm, has also published the following reports:
Yoga Clothing Market was valued at US$ 22.71 Bn. in 2021. Global Yoga Clothing Market size is expected to grow at a CAGR of 8.3 % through the forecast period. The popularity of fitness apps is contributing significantly to the increase in consumption. During the first half of 2021, the fitness app had a 50 % increase.
Yoga Mat Market size was valued at US$ 18.7 Bn. in 2021. Offline, one of the segments reviewed in our reports dominated the Yoga Mat Market. Increasing awareness of yoga, spiritual practice, and their health benefits is expected to increase the demand for yoga mats.
Health & Wellness Foods Market size was valued at US$ 0.75 Bn. in 2021 and the total revenue is expected to grow at 9.10% through 2022 to 2027, reaching nearly US$ 1.26 Bn. The increasing trend of eating healthy and natural foods is the primary driving factor for the global health and wellness foods market.
Key Questions answered in the Pilates and Yoga Studios Market Report are:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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