Press release
Yoga Mat Market Size, Growth And Segmentation, Trends Forecast Report To 2032
The global yoga mat market size grew from $11.47 billion in 2022 to $12.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. 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 market size of global yoga mat is expected to grow to $15.89 billion in 2027 at a CAGR of 6.8%.
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Major players in the yoga mat market are Jade Yoga, Manduka LLC, Hugger Mugger Yoga Products, Liforme Ltd., Barefoot Yoga Co, Fabrication Enterprises Inc., Accessory Arcade, Ningbo Mylon Rubber & Plastic Co Ltd., Winboss International Co Ltd., Xiamen Sanfan Sports Products Co Ltd., and Hefei Bodyup Sports Co Ltd.
The launch of eco-friendly products is a key trend in the yoga mat market. Major companies are focusing on manufacturing eco-friendly mats to attract more customers and survive in the competitive business environment. For instance, in August 2020, Organic Apoteke, a UK-based company launched an eco-travel yoga mat. The eco-travel yoga mat is biodegradable, odour-resistant, and antimicrobial. It has a wet grip surface which helps to maintain balance while practising yoga.
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The Yoga Mat market is segmented -
1) By Material: Natural Rubber, Polyvinyl Chloride, Polyurethane, Thermoplastic Elastomer, Other Materials
2) By Distribution Channel: E- Commerce, Supermarket and Hypermarket, Specality Store
3) By End User: Yoga & Fitness clubs, Household, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Yoga Mat market.
The Business Research Company's "Global Yoga Mat Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Yoga Mat Market Include:
1. Executive Summary
2. Yoga Mat Market Characteristics
3. Yoga Mat Market Trends And Strategies
4. Yoga Mat Market - Macro Economic Scenario
5. Yoga Mat Market Size And Growth
.....
26. Africa Yoga Mat Market
27. Yoga Mat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Yoga Mat Market
29. Yoga Mat Market Future Outlook and Potential Analysis
30. Appendix
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