The yoga mat market is expected to be growing at a growth rate of 6.40% in the forecast period of 2022 to 2029 and is likely to reach the USD 13.01 billion by 2029.
This market study on yoga mats offers information on recent developments, trade laws, production analysis, value chain optimization, market share, and the effects of domestic and regional market participants. It also examines opportunities for new revenue streams, regulatory changes, market size, category market expansions, application niches and dominance, product approvals, product launches, and geographic experience. For more information on the yoga mat market, get in touch with We Market Research for an analyst brief. Our staff will assist you in making an informed choice to build your market.
A thorough study of the industry is provided in the Global “Yoga Mat Market” report for 2023, which also covers regional segmentation, important manufacturers, product categories, and applications. To give accurate and reliable market estimations and predictions, the report makes use of a strong research methodology and statistical analysis techniques like market breakdown and data triangulation. It also offers a straightforward framework for assessing and defining the standing of businesses engaged in this industry. The study also highlights the market shares, product portfolios, and operational status of the major market players, illuminating the competitive landscape of the global market.
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Global Yoga Mat Market – Segmentation
The global yoga mat market is segmented based on product type and distribution channel.
Based on product type, the market is segmented into,
• PVC
• TPE
• Rubber
• PE
• Cotton/Jute
Based on distribution channel, the market is been segmented into,
• Specialty Store
• Departmental Store & Hypermarket
• Online Channel
Global Yoga Mat Market – Key Market players
Lululemon; Manduka; Jade Yoga; prAna; Hugger Mugger; Khataland; Liforme Ltd.; Dragonfly; Tomuno; and Alo Yoga, Inc. are the major players that are driving the growth of the market during the forecast period.
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Global Yoga Mat Market- Growth Factors
The growing awareness about yoga is estimated to boost the growth of the market around the globe. The growing awareness about the health benefits associated with the practice of yoga is benefitting the growth of the market around the globe. Apart from this, the spreading of awareness about the practice of yoga by various celebrities around the globe is also estimated to boost the growth of the market during the forecast period. Also, the growing number of yoga classes around the globe is also estimated to drive the growth of the market during the forecast period. The teaching of yoga sessions on various platforms of internet has also created convenience on the part of a majority of the audience in adapting to the practice of yoga from the comfort of their place and this factor is also fostering the growth of the market during the forecast period.
Market Trends:
One of the main driving forces behind the market expansion is the increase in people’s participation in sports and physical activity as a result of sedentary lives, busy schedules, and the rising incidence of chronic diseases. Yoga mats are typically composed of polyvinyl chloride (PVC), which is difficult and expensive to recycle and does not decompose in landfills. This is encouraging the global adoption of eco-friendly yoga mats, along with growing environmental concerns. In addition, the demand for travel mats is being stimulated by the rising popularity of outdoor and adventure sports as well as the expanding travel and tourist sector. These mats can be used anywhere and are foldable, cozy, and portable.
In this study the following important queries are resolved:
● What focused approach and constraints are holding the Yoga Mat?
● What are the key market trends impacting the growth of the Yoga Mat?
● Who are the global key manufacturers of the Yoga Mat?
● What are the Yoga Mat opportunities and threats faced by the vendors?
● What are the different sales, marketing, and distribution channels in the global industry?
● What is the global sales value, production value, consumption value, import and export of Yoga Mat?
● What is the Yoga Mat size at the regional and country-level?
