Upward facing dog: Increased participation and emphasized health merits will boost industry demand
Pilates & Yoga Studios The Pilates and Yoga Studios industry has benefited from the burgeoning number of individuals that participate in yoga. Over the five years to 2018, industry revenue is expected to grow. Pilates participation rates have remained somewhat stagnant over the past five years, however, this trend has not offset robust yoga participation rates, which have bolstered industry revenue during the period. The industry has grappled with mounting external competition. For example, to attract budget-conscious consumers, many health and fitness clubs, which may also offer yoga and Pilates classes, have slashed their membership rates and offered monthly memberships. Furthermore, some yoga-centered websites have inundated the market with on-demand yoga services. Nevertheless, many consumers still preferred to attend classes offered by Pilates and yoga studios, due to their interactive, community-based nature. Over the five years to 2023, industry revenue is forecast to continue growing, albeit at a slower rate. Many yoga studios will emphasize the health merits of yoga to attract the burgeoning elderly population, but the market will become more saturated. Also, some regulations, namely the proliferation of fitness taxes, may hinder consumer demand for Pilates and yoga memberships.
This industry comprises facilities that offer Pilates and yoga instruction to individuals or groups. Pilates is a body conditioning routine used to build strength and flexibility, while yoga is a physical and spiritual practice focused on breath control, flexibility and strength. This industry does not include Pilates and yoga classes taught at gyms or other health club centers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Our reports have been used by over 10K customers, including:
Working on it: Growth in per capita disposable income will fuel this industry’s recovery Abstract Gym, Health & Fitness Clubs in New Jersey This industry operates fitness and recreational sports facilities that feature exercise and other active physical fitness conditioning or recreational sports activities,...
Stumbling along: Industry revenue is forecast to fall in the current year due to the effects of COVID-19 Abstract Athletic Shoe Stores in the UK This industry includes retailers that sell athletic shoes, such as running shoes, basketball shoes and trainers. These stores may also sell apparel. Used goods...
Thrills and chills: Revenue is expected to recover as sector establishments have been permitted to reopen Abstract Arts, Entertainment and Recreation in the US Since the experiences provided by operators in the Arts, Entertainment and Recreation sector are considered nonessential, revenue is highly...
Non-event: The COVID-19 pandemic has strongly reduced demand for industry services Abstract Event Promotion and Management Services in Australia Industry participants primarily provide event management, event promotion and ticketing services. The industry also includes tourist information centre operations,...
The global sports medicine market is projected to reach USD 7.2 billion by 2025 from USD 5.5 billion in 2020 at a CAGR of 5.7%. Growth in the sports medicine market can be attributed to factors such as the increasing incidence of sports injuries, continuous influx of new products and treatment modalities, developments in the field of regenerative...
Abstract Gym, Health & Fitness Clubs in China The Gym, Health and Fitness Clubs industry in China includes enterprises providing fitness and bodybuilding equipment, space and services. Public sports centers and school stadiums are not included in the industry. This report covers the scope, size, disposition...
Stumped: The COVID-19 pandemic has disrupted many sporting events, causing revenue to decline Abstract Sports Administrative Services in Australia SMEs in the Sports Administrative Services industry are primarily engaged in the administration of sports or physical recreation organisations and competitions....
In the zone: The push for additional revenue streams via advertising and online content will likely boost revenue Abstract Spectator Sports in Canada The Spectator Sports industry in Canada entertains millions of Canadian consumers on an annual basis, and the diversity of service offerings typically...
The Economist Intelligence Unit expects the Liberal Democratic Party (LDP)-Komeito governing coalition to serve a full term, which expires in 2021, and to remain dominant in that year and beyond 2022. The chances of the prime minister, Shinzo Abe, securing a third term as leader of the LDP in September 2018 have improved in...
Metropolis in turmoil: Examining dangerous issues faced by some of the world’s most important cities
Whilst some cities are booming and transforming into Megacities, and others generate huge portions of their countries wealth, they are also, where the biggest social, economic and environmental problems are...
Real Gross Domestic Product
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.