Industry Analysis & Industry Trends
Operators in this industry offer Pilates and yoga instruction to individuals or groups. Yoga and Pilates exercises involve physical exercises designed to develop breath control, flexibility and core strength. Originally an ancient Indian belief system, yoga has now become part of Britain's mainstream health and fitness sector. The growing popularity of yoga as a gentle and holistic way to exercise, relax and disengage from working life has stimulated demand for industry services in recent years and has pushed the industry's activities into mainstream society.
Consumers' increasing willingness to spend on health and beauty treatments has kept the industry afloat over the past five years... purchase to read more
Industry Report - Industry Analysis Chapter
The Pilates and Yoga Studios industry has expanded over the past five years. An increasingly health-conscious society has been keen to engage in more experimental health activities. The wide variety of yoga classes available has appealed to busy consumers trying to create healthier lifestyles and alleviate stress through gentle exercise and meditation. Greater awareness of the benefits of good health and well-being has supported the industry. Over the five years through 2016-17, industry revenue is expected to rise at a compound annual rate of 2.3%. However, low consumer confidence due to the EU referendum is expected to limit industry growth in the current year. Revenue is projected to rise by 1.9% in 2016-17 to reach £812.4 million.
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