NEW YORK, Aug. 21, 2023 /PRNewswire/ — The pilates equipment market in Japan is estimated to increase by USD 11,465.46 thousand from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 9.22% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know the exact growth variance and the Y-O-Y growth rate Request a sample report.
Pilates Equipment Market in Japan 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our pilates equipment market in Japan report covers the following areas:
- Pilates Equipment Market in Japan size
- Pilates Equipment Market in Japan Trends
- Pilates Equipment Market in Japan industry analysis
Pilates Equipment Market in Japan 2023-2027: Market Dynamics
The growing geriatric population is a key factor driving market growth. The demographic change in Japan due to the largest elderly population in the world has increased the demand for Pilates equipment among this age group. Many adults appreciate gentle, stress-free Pilates for those with physical limitations and are increasingly looking for ways to stay active and healthy. For example, the Japanese government is also focusing on promoting healthy aging and has launched “Health Japan 21,” which focuses on promoting healthy aging and reducing medical costs for the elderly. Hence, these factors are expected to drive market growth during the forecast period.
Major Trends- The growing adoption of clinical Pilates is a major trend in the market.
Significant Challenges- The rising popularity of other forms of fitness formats is a significant challenge restricting market growth.
Pilates Equipment Market in Japan 2023-2027: Segmentation
Pilates Equipment Market in Japan is segmented as below:
- Pilates Machines
- Pilates Mats
- Pilates Rings
- Pilates Balls
- Distribution Channel
The market share growth in the pilates machines segment will be significant during the forecast period. The most used Pilates machines are the Cadillac, Reformer, Pilates Tower, and Trapeze. Besides, Pilates chairs and other products are also available in the market. The increasing adoption of Reformers and Cadillacs in healthcare settings such as clinics and gyms for the purposes of injury treatment and rehabilitation has fueled the growth of the market. In addition, product innovation, increased adoption of Pilates equipment in Japan, and growing demand for lightweight and eco-friendly materials are also driving growth. Hence, these factors are expected to drive market growth during the forecast period.
Pilates Equipment Market in Japan 2023-2027: Company Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. We provide a detailed analysis of around 25 companies operating in the Pilates Equipment Market in Japan, including some of the companies such as Balanced Body Inc., Corefirst, Decathlon SA, Intopilates Co. Ltd., J.S. Haverly Ltd., Japan Conditioning Academy, Mad Dogg Athletics Inc., Merrithew International Inc., SALT and HONEY, Stamina Products Inc., URBNFit, Apexline Inc., Gaia Inc., Gratz Industries LLC, and Oak Mountain Products LLC. Backed with competitive intelligence and benchmarking, our research reports on the Pilates Equipment Market in Japan are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Pilates Equipment Market in Japan 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist the pilates equipment market in Japan growth during the next five years
- Estimation of the pilates equipment market in Japan size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the pilates equipment market in Japan
- Analysis of the market’s competitive landscape and detailed information on companies
- Comprehensive details of factors that will challenge the growth of the pilates equipment market among Japanese companies
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The pilates equipment market size is estimated to grow at a CAGR of 9.49% between 2022 and 2027. The market size is forecast to increase by USD 101.05 million. This pilates equipment market report extensively covers market segmentation by channel (offline and online), product (pilates machines, pilates mats, pilates rings, pilates balls, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa. Increase in the number of boutique fitness studios driving the market growth.
The connected gym equipment market is estimated to grow at a CAGR of 28.15% between 2022 and 2027. The size of the market is forecast to increase by USD 16,348.77 million. This report extensively covers market segmentation by end-user (residential and commercial), product (cardiovascular training equipment and strength training equipment), and geography (North America, Europe, APAC, Middle East and Africa, and South America). Increasing smartphone penetration and growing demand for connected gym services are notably driving the connected gym equipment market growth.
Pilates Equipment Market Scope in Japan
Growth momentum & CAGR
Accelerate at a CAGR of 9.22%
Market growth 2023-2027
USD 11,465.46 thousand
YoY growth 2022-2023 (%)
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled
Balanced Body Inc., Corefirst, Decathlon SA, Intopilates Co. Ltd., J.S. Haverly Ltd., Japan Conditioning Academy, Mad Dogg Athletics Inc., Merrithew International Inc., SALT and HONEY, Stamina Products Inc., URBNFit, Apexline Inc., Gaia Inc., Gratz Industries LLC, and Oak Mountain Products LLC
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Table Of Contents
Historic Market Size
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by Product
Market Segmentation by Geography
Drivers, Challenges, and Trends
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