Yoga Mat Market to Witness Remarkable Growth, Anticipated to Attain US$ 20.0 Billion by 2028

The latest report published by IMARC Group, titled "Yoga Mat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on yoga mat market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global yoga mat market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.

A yoga mat is a specialized mat designed to improve your yoga practice by providing a non-slip, cushioned surface between you and the floor. It is manufactured from various materials such as PVC, rubber, or TPE, yoga mats come in different thicknesses and sizes to suit individual needs. It is essential for performing asanas safely and comfortably, helping to ensure proper alignment and balance. Yoga mat also offers insulation, protecting you from cold or hard floors during your practice. Additionally, it is portable and often come with carrying straps, making them convenient for use in various settings, be it a yoga studio, gym, or at home. Investing in a high-quality yoga mat can significantly enhance your experience, providing the stability and support needed to execute complex poses and sequences.

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Market Trends:

The global market is primarily driven by rising health awareness, lifestyle changes, and product innovation. Moreover, stressful routines and work environments are pushing individuals to seek activities that offer mental peace and physical fitness, and yoga fits this requirement well. Furthermore, social media influence and celebrity endorsements have amplified the aspirational value of yoga, indirectly contributing to the yoga mat market. Apart from this, product innovation is playing a significant role in market growth. Manufacturers are introducing eco-friendly, non-toxic, and highly durable yoga mats, targeting the environmentally conscious consumer. Specialized mats with features, such as sweat absorption, better grip, and portability are also entering the market, widening consumer choice.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Adidas AG
• ALO LLC (Color Image Apparel Inc.)
• Barefoot Yoga Co
• Ecoyoga Ltd
• EuProMed s.r.o.
• Hugger Mugger
• JadeYoga
• Liforme Ltd.
• Lululemon Athletica
• Manduka
• prAna (Columbia Sportswear)
• Yaazhtex

Yoga Mat Market Segmentation:

Our report has categorized the market based on region, material, end use and distribution channel.

Material Insights:
• PVC
• TPE
• Rubber
• Cotton and Jute
• Others

End Use Insights:
• Yoga and Fitness Clubs
• Household
• Others

Distribution Channel Insights:
• Supermarket and Hypermarket
• Specialty Stores
• Online Stores
• Others

Regional Insights:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.