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Yoga Mat Market 2022 Driving Factors Forecast Research 2028

11-11-2022 08:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Yoga Mat Market

Yoga Mat Market

The global yoga mat market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2022-2028). Rising demand for yoga mats made up of natural and eco-friendly materials is likely to come up as a prospective driver for the growth of the global yoga mat market. Product innovations and inclination of consumer demand toward eco-friendly mats made up of materials such as PVC free and natural rubber creates newer opportunities for the companies to expand the business. Manufacturers in the industry are focusing towards production of mats with benefiting and high quality raw materials to provide a high level of relaxation and comfort to the consumers.

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For instance, in 2020, Badra, a yoga brand announced the launch of its eco-friendly yoga mats made of natural rubbers with high quality, stitch labeled, 100% cotton straps for easy storage and carrying. Using real natural rubbers the company has launched three types of mats: TPE, NR, and NBR with each model come in more than 7 colors. The product features high durability, maximum water resistance, adhesion, non-slip function with open cell foaming technology and leaf-texture design. In addition, all products from Badra are PVC free. Moreover, the development of innovative technical solutions by using AI (artificial intelligence) and IoT (Internet of Things) to provide high-quality yoga and exercise mats is further escalating the demand of the product in the market. For instance, in 2021, YogiFi, a smart yoga mat, announced their Make-in-India inaugural launch on Independence Day. YogiFi is a flagship product of Wellnesys, which is embedded with multi-patented sensors and non-intrusive posture tracking technologies to record one's daily practice while measuring their progress on flexibility, strength, balance etc. YogiFi unifies the fusion of smart mat and computer vision enabled via smartphone app delivering audio visual instructions with real-time feedback in multiple regional languages. YogiFi Mat can also be optionally paired with third-party wearables such as Apple Watch, Fitbit etc., to acquire key vital signs and measure effectiveness of sessions.

A full report of Global Yoga Mat Market available @ https://www.omrglobal.com/industry-reports/yoga-mat-market

• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Global Yoga Mat Market Report Segment
By Material
• PVC
• TPE
• Rubber
• Cotton/Jute
• Others
By End User
• Yoga & Fitness Clubs
• Household
• Others
By Distribution Channel
• Online
• Offline

Global Yoga Mat Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global Yoga Matmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/yoga-mat-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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