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Meditation Market, Current Trends, Sales, Shares And New Opportunities Report 2023 - 2032
Meditation Global Market
The Business Research Company's Meditation Global Market Report 2023 identifies increased incidence of stress and anxiety as the major driver for the Meditation market's growth in the forecast period. 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.
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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Major competitors in the Meditation market are Smiling Mind, Inner Explorer Inc., Committee for Children, Stop Breathe and Think PBC, Simple Habit Inc., Calm, Headspace Inc.
A key trend in the Meditation market includes Mobile or electronic application development. Major companies operating in the meditation market are focused on developing innovative solutions to strengthen their position in the market.
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The Meditation market is segmented -
1) By Type: Open Monitoring, Focused Attention, Self-Transcending Meditation
2) 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
3) By Age: Adult, Children
4) 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.
The Business Research Company's "Global Meditation 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 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
……
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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