Sport
Pilates Equipment Market is expected to display a steady growth of 5% due to the rise in obesity around the world| UnivDatos Market Insights
Pilates equipment is used to perform various physical exercises to improve flexibility, posture, physical strength, and mental awareness. Pilates is a system of repetitive movements performed on a yoga mat or other equipment to promote strength, stability, and flexibility. Pilates exercises develop the body through muscular effort starting at the core. Pilates is popular with dancers, but it appeals to a wider audience especially youngsters.
The growing adoption of pilates equipment is mainly attributed to the growing rate of obesity-related health problems. Moreover, the rising disposable income of individuals around the world coupled with the growing health awareness among consumers is expected to drive the market during the analysis time period.
Some of the major players operating in the market include Balanced Body, Beverly Hills Fitness LLC, Align-Pilated, Stamina Products Inc, Gratz Industries, MAD DOGG ATHLETICS INC, Aeromat/Ecowise, Trending Fit LLC, Decathlon, and Merrithew Corporation.
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the pilates equipment industry, production was stopped and the supply chain was disrupted. However, the industry observed a steep rise in demand from the residential as the gyms were closed and people had very limited options for workout.
The global pilates equipment market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
North America is anticipated to lead the pilates equipment market. This is mainly due to the rising popularity of physical as well as mental well-being in the region. Furthermore, the growing obesity in the countries like the USA and Canada is expected to influence market growth. Moreover, the region has developed economies such as the USA and Canada have greater disposable income which allows them to spend more physical well-being coupled with the presence of key market players is expected to drive the market in the region.
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Pilates Equipment market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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