Yoga Mat Market Size – USD 8.83 Billion in 2019, Market Growth – at 3.1% CAGR, Market Trend – Growing Use of Natural Rubber to Produce Yoga Mats
VANCOUVER, BC, CANADA, Jan. 9, 2022 /EINPresswire.com/ – The global yoga mat market is estimated to be worth $ 11.13 billion by 2027, according to current analysis from Emergen Research. This market growth can be attributed to the growing awareness of the health benefits of yoga among the new generation as well as the elderly population. The growing need to reduce stress in the body by activating the parasympathetic nervous system has led to the adoption of the practice of yoga. The increasing incidence of chronic back pain in the elderly has increased the uptake of yoga among the geriatric population, as yoga relieves back pain. This, in turn, has boosted the demand for yoga mats.
This report on the Global Yoga Mats Market provides the reader with all the essential tools to decipher their position in the industry on the basis of growing revenue or sales. It provides a comprehensive assessment of the global Yoga Mats market from different angles to provide detailed, informative, and accurate analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments influencing the global yoga mat market. It also focuses on the global and regional expansion of the Yoga Mat Market industry to give the overall analysis.
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The main players in the market are: Columbia Sportswear, Manduka, LLC, Lululemon Athletica, Hugger Mugger Yoga Products, Jade Yoga, Liforme Yoga, Fabrication Enterprises Inc., Sequential Brands Group, Inc., Barefoot Yoga Co. and ADIDAS AG
Further, the study on Yoga Mats market for the forecast period 2017-2027 quantifies the share occupied by major industry players and enlightens business owners of the fast growing investment pockets and the market. competitive landscape. Further, the industry is categorized into various segments with detailed assessment of each aspect such as gross margin, profit, import and export status and others. All vital statistics are presented using graphs, tables and graphic images, which can be easily integrated into any business presentation.
Highlights of the report
The e-commerce segment held the largest market share of 52.9% in 2019. The increasing penetration and accessibility of the internet and the growing use of smartphones in developing economies has driven the segment.
The natural rubber segment is expected to grow at the fastest CAGR of 3.8% during the forecast period. Growing investments by manufacturers to produce eco-friendly and biodegradable yoga mats are encouraging the use of natural rubber for the production of yoga mats.
Asia-Pacific accounted for the largest market share of the global yoga mat market in 2019. The increase in government initiatives to promote healthy lifestyle is boosting the yoga mat market in the region.
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Emergen Research has segmented the global yoga mat market in terms of distribution channel, material, and region:
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Supermarket & Hypermarket
Material Outlook (Revenue, USD Billion; 2017-2027)
Others (Jute and Cotton)
Regional outlook: (Revenue, billion USD; 2017-2027)
North America (United States) (Canada) (Mexico)
Europe (Germany) (United Kingdom) (France) (BENELUX) (Rest of Europe)
Asia-Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (rest of LATAM)
Data triangulation and market allocation
Research hypotheses Research data, including primary and secondary data
Primary data includes distribution of primaries and key industry information
Secondary data includes key data from secondary sources
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Objectives of the report
Examine the size of the Global Yoga Mat Market on the basis of value and volume parameters.
Accurately calculate the market share, consumption, and other essential aspects of the various segments of the global Yoga Mat Market.
Explore the underlying dynamics of the global yoga mat market.
Highlight the significant trends of the Global Yoga Mat Market based on factors such as production, revenue and sales.
Thoroughly introduce the major players in the Global Yoga Mat Market and show how they compete in the industry.
Study the manufacturing processes and costs, product prices and the various trends associated with them.
Analyze the performance of different regions and countries in the Global Yoga Mat Market.
Forecast the market size and share of all segments and regions of the global landscape.
Here are the questions we answer …
What are the future in-store opportunities for the vendors operating in the Yoga Mat market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Yoga Mat market performance?
What are the main trends and dynamics?
What regulations will impact the industry?
Which segment will offer the most growth opportunities between 2017 and 2018?
Where will most of the development take place in the long run?
Who are the most important suppliers and what market share do they occupy?
What are the latest technologies or discoveries influencing the growth of the Yoga Mat market worldwide?
The report segments the Yoga Mat market on the basis of geography, end user, end use, product application, type, share, growth rate and size for reveal where the industry will be in the years to come. Researchers assessing the industry have included details on recent decisions and events such as acquisitions and mergers, collaborations, product launches and investments. Important decisions related to such events are useful for business owners when positioning their brands in the global market and finalizing marketing strategies.
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