Press release
Global Demand for Personal Exercise Mats Is Predicted to Soar at a CAGR of 7.1% by 2033
Fact.MR, in its latest research report, reveals that worldwide demand for personal exercise mats at 6.5% CAGR from 2018 to 2022, reaching a US$ 2.26 billion valuation in 2022. The global personal exercise mats market is forecasted to exhibit 7.1% CAGR and reach US$ 5.81 billion by the end of 2033.The market for personal exercise mats is predicted to expand rapidly primarily due to increasing expenditure on lifestyle and healthcare products and rising disposable income of people around the world. In addition, increasing awareness of the benefits related to exercising is also boosting the demand for personal exercise equipment that allows comfortable practice. Moreover, increasing discretionary money is also estimated to result in rising purchases of sports apparel over the coming years.
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The readability score of the Personal Exercise Mats Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Personal Exercise Mats market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Personal Exercise Mats along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
New developments, ensuring product quality, maintaining product standards, strengthening supply chain management systems, etc., are some of the strategies adopted by market players to increase their profit share.
Suppliers of personal exercise mats are concentrating on strategic acquisitions, product launches, collaborations, etc., to expand their footprints globally.
For instance :
• In December 2020, Jade Yoga introduced a wide variety of yoga mats that were a part of the company's Christmas Holiday offers. Numerous products were included in this launch.
• In June 2020, Airex A.G. introduced its exercise mat known as Yoga Calyana Pro Personal. It offers a new underside structure and comes in trendy lemon color. It ensures optimum grip and heightened safety.
Key companies in the personal exercise mats market include ProsourceFit, Airex A.G., Excel International, EuProMed S.R.O., SPRI Products Inc., Baya, Under Armor Inc., Nivia Sports, Cosco (India) Ltd., Everlast Worldwide Inc., Dollamur Ltd., Jade Yoga, Equilibrium DFS, Kurma Grip, Uwin, Ecoyoga Ltd., Shenzen Haifuxing Technology Co. Ltd., Yoga Design Labs, and Steilelibero Ltd.
Segmentation of Personal Exercise Mats Industry Research:
• By Mat Type :
o Yoga
o Pilates
o Fitness
• By Material :
o PE (Polyethylene)
o PVC (Polyvinyl Chloride)
o Rubber
o TPE (Thermoplastic Elastomers)
• By Sales Channel :
o Modern Trade Channels
o Specialty Stores
o Direct-to-Consumer (DTC)
o DTC Institutional
o Sports Variety Stores
o Sports Retail Chains
o Third-party Online
• By Buyer Type :
o Individual
o Institutional
• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
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Questionnaire answered in the Market outlook Report of Personal Exercise Mats include:
• What is the key strategy deployed by large players to maximize Personal Exercise Mats Market growth?
• What are the main challenges faced by players in the Personal Exercise Mats market Demand?
• With the advent of technological advancement, how will the Personal Exercise Mats market landscape change over the forecast period?
• What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Personal Exercise Mats market size?
How will be insights and market estimations provided in the Fact.MR report on the Demand of Personal Exercise Mats make a difference?
• The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
• The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
• The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
• Provides scrutiny of the industry trends that have shaped recent government policies
• Provides an account of major breakthroughs in all segments that might change the course of the market considerably
• Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Personal Exercise Mats Market
• Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
• Evaluates the role of various stages of funding on new growth avenues in key regional markets
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