Different Applications in Pilates Equipment Industry Market Size, Share, Status, Growth Rate and Forecast Analysis

6 min read

Updated on 12/03/2024

Commercial Pilates equipment is usually used in commercial establishments such as Pilates gyms. This type of place provides more professional equipment and Pilates guidance, which requires the use of large equipment such as Pilates beds, as well as small equipment such as Pilates mats and Pilates balls.

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For reasons of cost and storage, when people purchase home-use Pilates equipment, they usually choose equipment that is easy to store, occupies a small area, and is movable, such as Pilates mats, Pilates balls, etc.

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In 2022 of the global Pilates equipment market, the Commercial sector was valued at 251.39 M USD and is projected to grow to 393.94 M USD by 2029, with a CAGR of 6.63%. The Household sector, starting at 26.91 M USD in 2022, is expected to reach 43.34 M USD by 2029, reflecting a slightly higher CAGR of 7.04%. The Total market size, combining both sectors, was 278.30 M USD in 2022 and is anticipated to expand to 437.28 M USD by 2029, with an overall CAGR of 6.67%. This data suggests robust growth in the Pilates equipment market, with the Household sector showing a marginally faster growth rate compared to the Commercial sector over the forecast period.

 

2022

2029

CAGR (2022-2029)

Commercial

251.39

393.94

6.63%

Household

26.91

43.34

7.04%

Total

278.30

437.28

6.67%

In 2018, the Commercial sector led with sales of 857.9 K Units, while the Household sector contributed 115.7 K Units, resulting in a total market size of 973.5 K Units. Moving forward to 2019, the Commercial sector saw an increase in sales to 892.0 K Units, and the Household sector also grew to 120.6 K Units, bringing the total to 1012.6 K Units. However, in 2020, there was a slight dip in the Commercial sector to 850.8 K Units, while the Household sector remained relatively stable at 115.4 K Units, with the total sales slightly decreasing to 966.3 K Units.

By 2023, the Commercial sector further increased its sales to 1087.7 K Units, and the Household sector also saw a significant rise to 149.3 K Units, culminating in a total market size of 1237.1 K Units. This data indicates a general growth trend in the Pilates equipment market, with the Commercial sector consistently outperforming the Household sector in terms of sales volume.

 

2018

2019

2020

2021

2022

2023

Commercial

857.9

892.0

850.8

930.4

1014.4

1087.7

Household

115.7

120.6

115.4

126.8

138.8

149.3

Total

973.5

1012.6

966.3

1057.1

1153.2

1237.1

The Commercial sector is anticipated to experience a significant increase in sales, starting from 1087.7 K Units in 2023 and projected to reach 1701.5 K Units by 2029. The Household sector, while starting with lower sales figures, also shows a steady upward trend, with an expected rise from 149.3 K Units in 2023 to 238.0 K Units in 2029.

The total market is forecasted to grow from 1237.1 K Units in 2023 to 1939.5 K Units in 2029, reflecting an overall positive outlook for the Pilates equipment industry. The data suggests that both sectors will contribute to the market’s expansion, with the Commercial sector driving the majority of the growth. This forecast highlights the increasing demand for Pilates equipment in both commercial and household settings, indicating a healthy future for the industry.

 

2023

2024

2025

2026

2027

2028

2029

Commercial

1087.7

1179.9

1269.3

1363.3

1463.1

1581.1

1701.5

Household

149.3

162.5

175.3

189.1

203.8

220.9

238.0

Total

1237.1

1342.3

1444.6

1552.4

1666.9

1802.0

1939.5

The Commercial sector has consistently held a dominant position, with its market share slightly decreasing from 88.12% in 2018 to a forecasted 87.73% in 2029. Despite this minor decline, the Commercial sector remains the backbone of the market, indicating a stable demand for Pilates equipment in commercial settings such as gyms and studios.

Conversely, the Household sector, while starting at a smaller market share of 11.88% in 2018, shows a gradual increase, with projections reaching 12.27% by 2029. This trend suggests a growing interest in Pilates equipment for home use, possibly due to the convenience and privacy it offers to consumers.

Overall, the market share data indicates a balanced yet dynamic market where the Commercial sector maintains a strong lead, while the Household sector experiences a steady growth, reflecting changing consumer preferences and the expanding reach of Pilates as a fitness option in both commercial and personal environments.

2018

2019

2020

2021

2022

2023

Commercial

88.12%

88.09%

88.05%

88.01%

87.96%

87.93%

Household

11.88%

11.91%

11.95%

11.99%

12.04%

12.07%

Total

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

2023

2024

2025

2026

2027

2028

2029

Commercial

87.93%

87.90%

87.86%

87.82%

87.77%

87.74%

87.73%

Household

12.07%

12.10%

12.14%

12.18%

12.23%

12.26%

12.27%

Total

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

For the global Pilates equipment market share by Revenue, the Commercial sector has maintained a substantial majority share of the market, starting at 90.49% in 2018 and experiencing a gradual decline to 90.09% by 2029. Despite this slight decrease, the Commercial sector continues to dominate the market, reflecting the significant revenue generated from businesses such as gyms, studios, and other commercial fitness facilities.

On the other hand, the Household sector, while initially holding a smaller share at 9.51% in 2018, shows a consistent upward trend, increasing to 9.91% by 2029. This growth suggests a rising preference for home-based Pilates equipment, possibly influenced by factors such as convenience, privacy, and the increasing trend toward home workouts.

2018

2019

2020

2021

2022

2023

Commercial

90.49%

90.46%

90.42%

90.37%

90.33%

90.29%

Household

9.51%

9.54%

9.58%

9.63%

9.67%

9.71%

Total

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

 

2023

2024

2025

2026

2027

2028

2029

Commercial

90.29%

90.26%

90.23%

90.18%

90.14%

90.10%

90.09%

Household

9.71%

9.74%

9.77%

9.82%

9.86%

9.90%

9.91%

Total

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

The Commercial sector has seen a general upward trend in prices, starting at 235 USD per unit in 2018 and reaching 253 USD per unit by 2023, indicating a steady increase in the cost of commercial-grade Pilates equipment. The Household sector, while beginning at a lower price point of 183 USD per unit in 2018, has also experienced a gradual rise, closing at 198 USD per unit in 2023. This suggests that the demand for home-use Pilates equipment has been growing, possibly due to an increasing trend towards home fitness solutions.

The Average price, which takes into account both sectors, has also increased over the years, from 229 USD per unit in 2018 to 247 USD per unit in 2023. This overall growth in pricing reflects the market’s expansion and the increasing value placed on Pilates equipment, both for commercial and personal use.

 

2018

2019

2020

2021

2022

2023

Commercial

235

229

237

242

248

253

Household

183

179

185

189

194

198

Average

229

223

231

236

241

247

The Household sector, beginning at 198 USD per unit in 2023, is also projected to see a minor decline, reaching 182 USD per unit by 2029. This could indicate a maturation of the market or the influence of more affordable options becoming available for home users. And the Commercial sector is expected to start at 253 USD per unit in 2023 and experience a slight decrease to 232 USD per unit by 2029. This suggests a potential market adjustment or increased competition in the commercial Pilates equipment space.

The Average price, which reflects the combined pricing trend of both sectors, is forecasted to decrease from 247 USD per unit in 2023 to 225 USD per unit in 2029. This overall downward trend in pricing could be due to a variety of factors, including technological advancements, increased production efficiency, or a shift in consumer preferences towards more cost-effective options.

The data indicates that while the market for Pilates equipment is expected to continue growing, the prices for both commercial and household equipment are likely to become more competitive over the next few years, possibly leading to a broader accessibility of Pilates equipment to a wider range of consumers.

 

2023

2024

2025

2026

2027

2028

2029

Commercial

253

250

251

247

242

237

232

Household

198

196

197

194

190

186

182

Average

247

244

245

241

236

231

225

Updated on 12/03/2024
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