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2023 Global Meditation Market Size, Share Analysis, Trends, Growth And Forecast To 2032
Meditation Market Report
Meditation Market Size, Growth Rate, And Forecast:
The global meditation market size is expected to grow from $5.46 billion in 2022 to $6.65 billion in 2023 at a compound annual growth rate (CAGR) of 21.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global meditation market size is expected to grow to $14.60 billion in 2027 at a CAGR of 21.7%.
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Meditation Market Drivers:
The increased incidence of stress and anxiety is expected to propel the growth of the meditation market. Stress is defined as any type of change that causes physical, emotional, or mental pain. While anxiety refers to a sensation of tension, concerned thoughts, and bodily changes such as elevated blood pressure, Meditation induces a sense of serenity, tranquility, and balance, which can enhance both emotional health and general health. It is also used to reduce anxiety and relax by redirecting attention to something soothing. Meditation teaches to stay centered and maintain inner balance.
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Meditation Market Segments
•By Type: Open Monitoring, Focused Attention, Self-Transcending Meditation
•By Meditation Type: Zen Meditation, Metta Meditation, Spiritual Meditation Or Transcendental Meditation, Progressive Relaxation Or Body Scan Meditation, Mindfulness Meditation, Breath Awareness Meditation, Kundalini Yoga
•By Age: Adult, Children
•By End-User: Meditation Centers, Home Setting, Corporates Or Schools Or Colleges
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Meditation market.
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Meditation Market Key Players:
Major competitors in the meditation market include Smiling Mind, Inner Explorer Inc., Committee for Children, Stop Breathe and Think PBC, Simple Habit Inc., Calm, Headspace Inc., Insight Network Inc., Waking Up LLC, FeelVeryBien SAS, Meditopia, BetterMe, Aura Health, Sanity and Self, Ten Percent Happier, Portal Labs Ltd., Mobio Interactive Pte Ltd., and Mindfulness Everywhere.
The Business Research Company's "Global Meditation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Meditation Market Include:
1. Executive Summary
2. Meditation Market Characteristics
3. Meditation Market Trends And Strategies
4. Meditation Market - Macro Economic Scenario
5. Meditation Market Size And Growth
....
26. Africa Meditation Market
27. Meditation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Meditation Market
29. Meditation Market Future Outlook and Potential Analysis
30. Appendix
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