The global pilates and yoga studios market is anticipated to grow at a CAGR of 9.6% during the forecast period. The factors such as changes in lifestyle, growing modernization, and increasing inclination of health-conscious people towards pilates and yoga activities owing to the benefits offered by these activities increase the development of new pilates and yoga studios across the globe. Apart from these, the government initiatives/ efforts towards promoting yoga nationally and internationally create significant scope for market growth. For instance, 21st June is celebrated as the International Day of Yoga in India. The Government of India started this initiative on December 11 in 2015, at United Nations General Assembly. Moreover, the Central Council for Research in Yoga and Naturopathy (CCRYN) an autonomous organization under the Ministry of AYUSH, has opened 08 Yoga OPDs in Government hospitals of Delhi and Haryana. In addition, the Ministry of Home Affairs also allows foreigners to visit India on a tourist or e-tourist visa for ‘attending a short-term yoga program’ this is increasing the number of yoga centers in India. However, the market growth can be impeded by the presence of other options gyms, fitness facilities, and other mind & body relaxing therapy classes in the market.
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The pilates and yoga studios market has registered a decline in revenue during the pandemic period. The restriction on mobility and closure of the fitness and recreation activities industry lead to less or no visits to pilates and yoga studios. People were practicing these activities in their homes using digital mediums such as YouTube. Most fitness clubs and yoga studios shifted towards digital options to offer on-demand and live-stream classes to their regular members. During the pandemic period, many organizations have started providing virtual fitness subscriptions. For instance, in December 2020, Apple launched Fitness+ built service for the Apple watch and with iPhone, Apple TV, and iPads compatibility.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Pilates and Yoga Studios Market by Activity Type
- Pilate’s Classes
- Yoga Classes
- Pilates & Yoga Accreditation Training
- Merchandise Sales
Global Pilates and Yoga Studios Market by Application
- Small Scale
- Medium Scale
- Massive
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Absolute Pilates S.A.
- Alona Pilates
- Authentic Pilates Learning Centers
- Azulfit
- Body & Soul yoga club
- Breathe Pilates & Yoga
- Core Pilates and Mind, Ltd.
- Endurance Pilates & Yoga
- Fitness Firm Yoga and Pilates Studio
- Fitness Unlimited
- Flex Studio, Inc.
- M Pilates + Yoga
- Pilates Plus LLC
- Pilates Unlimited.
- Power Pilates Studio
- Pure International
- Studio Pilates & Yoga, LLC.
- The Flow Yoga and Pilates
- The Movement Studio
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pilates and yoga studios market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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