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Pilates and Yoga Studios in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pilates and Yoga Studios Market Research Report | Consumer Goods & Services | Sports & Recreation | Apr 2016

Core strength: Increasing health awareness has boosted demand for industry services

The Pilates and Yoga Studios market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
1.6%
Annual Growth 16-21
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Profit
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Employment
11,563
Businesses
2,664
Industry Analysis & Industry Trends

A growing consumer trend towards healthy lifestyles has supported modest growth in the Pilates and Yoga Studios industry. The core disciplines of yoga and Pilates have become more popular over the past decade. Adoption of industry services has risen strongly, with yoga and Pilates becoming widely accepted as a means of physical exercise. While it has continued to grow, the industry has transitioned from the growth stage to the mature stage of its life cycle over the past five years. In line with this stage, industry revenue is expected to grow by an annualised 1.6% over the five years through 2015-16, to $1.0 billion. This modest growth includes a rise of 1.0% in 2015-16.

Competition among providers is strong, with industry services largely homogenous at the basic level... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Pilates and Yoga Studios industry is in the mature stage of its life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to rise by a compound annual rate of 1.3%, a weak performance when compared with annualised GDP growth of 2.6%. This indicates that the industry is growing at a slightly slower pace than the overall economy. However, it is strong competition among providers rather than weak demand that has limited growth over the past five years.

The industry's services have become increasingly accepted as a form of physical exercise. Health-conscious people, particularly women, have flocked to group fitness classes, driving demand upwards... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pilates and Yoga Studios Industry?

This industry comprises facilities that offer Pilates and yoga instruction to individuals or groups. Pilates is a body conditioning routine to build strength and flexibility while yoga is a physical and spiritual practice focused on breath control, flexibility and strength. The industry includes Pilates and yoga classes taught at gyms or other health clubs.

Industry Products
Yoga classesPilates and hybrid classesAccreditation and trainingPrenatal and postnatal classesEquipment and accessories retailing
 
Industry Activities
Pilates and yoga studio operationPilates and yoga classesSpecialised training involving Pilates and yoga activitiesPilates and yoga accreditation trainingAccessories and equipment sales


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