Published Date: 31-Jul-2022
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Yoga Mat Market size is expected to reach $13.4 billion by 2028, rising at a market growth of 5.8% CAGR during the forecast period.
The PVC segment acquired maximum revenue share in the Global Yoga Mat Market by Material in 2021 thereby, achieving a market value of $5.5 billion by 2028. It is because phthalates are substances that give PVC, which makes the yoga mats softer along with malleable texture. Phthalates are chemicals that give plastics their toughness and flexibility, but they also have negative effects on human health and the environment.
The Specialty Store segment is showcasing a CAGR of 5.3% during (2022 - 2028). Due to consumer concern over the items, they are purchasing for yoga and fitness activities, specialty shops are the most popular places for people to acquire yoga mats. Additionally, specialty shops give advice and recommendations based on consumer needs, allowing customers to select the accessory that is best for them.
The Yoga & Fitness Clubs segment is leading the Global Yoga Mat Market by End User in 2021 thereby, achieving a market value of $6.7 billion by 2028. It is because there are more health and exercise facilities. This is linked to a rise in consumer knowledge of the wellness advantages of yoga. A yoga studio is a space where teaching and classes on the practice of yoga are held. A structure with many classrooms, built-in props, and heated humidified chambers for hot yoga can be as simple as a single room.
The Asia Pacific market dominated the Global Yoga Mat Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4.7 billion by 2028. The Europe market is exhibiting a CAGR of 5.4% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 5.2% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/yoga-mat-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Adidas AG, Lululemon Athletica, Inc., Hugger Mugger Company, Inc., Manduka, LLC, Prana (Columbia Sportswear Company), Aurorae, LLC, Ecoyoga Ltd., EuProMed s.r.o., Jade Yoga, and Yaazhtex.
By Distribution Channel
By End User
Unique Offerings from KBV Research