The report forecasts the global Pilates equipment market to grow at a CAGR of 8.04% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is increasing adoption of multi-directional training. The multi-directional approach is increasingly becoming a key aspect in strength, reflex, and speed training. Unidirectional training activities are no longer considered sufficient to physical fitness enhancement programs. In order to develop agility, steadiness, speed, strength, proprioception, reflex time, hand eye coordination, and flexibility, the training sessions need to incorporate the requisite equipment. Agility training equipment are being increasingly used in athlete training routines to enhance the effectiveness of these routines. Each product has a specific function and is used either by itself or in combination with other products, depending on the nature of the training required. Physical trainers and games coaches are incorporating the equipment and influencing product R&D in the market.
According to the report, one of the primary drivers in the market is effectiveness of Pilates exercise for injury rehabilitation. Pilates equipment has a relatively high penetration in North America and Western Europe. Besides regular strength training, Pilates is also being used for rehabilitation from injury. Muscular imbalances can cause injury to the body. Many things such as the way people walk, bend over, sit, or lie down cause these imbalances. This weakens the muscles and the body becomes susceptible to serious pulls, strains, or tears.
Further, the report states that one major challenge in the market is criticality of inventory management and product sourcing. The managing of inventory is a crucial strategy concern for the global sports equipment industry. Consumer preferences change according to the latest trends in the industry, and this speeds up the inventory turnover requirements.