Press release
Yoga Mat Market Projected to Reach USD 48.48 Bn. by 2030 Says Maximize Market Research
The Yoga Mat Market size was valued at USD 24.88 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 10 percent from 2024 to 2030, reaching nearly USD 48.48 Bn.Maximize Market Research, has published market intelligence and competitive landscape report on the Yoga Mat Market published in June 2024. The report is a combination of primary data and secondary data and field experts have examined the Yoga Mat Market.
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Yoga Mat Market Overview:
The yoga mat market is made to keep people from slipping as they practice. Modern mats which were previously composed of rubber, now include plastic and rubber in addition to rubber to increase comfort, grip, and weight distribution. Features like alignment squares and 45-degree angled lines help ensure proper posture during different asanas.
What are the Yoga Mat Market Dynamics?
The combination of advanced technologies such as AI and digital connectivity into yoga mats is improving their functionality. YogiFi and other AI-enabled smart yoga assistants, for example offer precise feedback on body alignment and flexibility. The yoga mats market is seeing demand driven by this technological improvement. Growing consumer desire for yoga mats composed of natural and eco-friendly materials, such as natural rubber and PVC-free materials, is another factor driving the yoga mat market. This change creates new avenues for businesses to grow into the eco-friendly yoga mat market.
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The yoga mats market is seeing growth in demand due to growing knowledge of the health advantages of yoga and the rise in health problems associated with stress and anxiety. Further propelling market expansion are the expanding number of fitness and yoga facilities across the globe and the government's growing endorsement of yoga and meditation. However fluctuating costs for raw materials can impede production and impede the market's expansion for yoga mats.
North America dominate the yoga mat market with a 38% share in 2023 driven by high consumer expenditure on yoga and fitness products. The number of fitness centers in the U.S. representation from 86,996 in 2012 to 102,344 in 2022, reflecting improved demand for yoga mats. A higher-income population also supports market growth in this region. The Asia Pacific region is predictable to grow at a CAGR of 6% for 2030. Population growth in India and China and the increasing use of hybrid cotton material for yoga mats are key drivers.
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Yoga Mat Market Scope:
Market Size in 2023 USD 24.88 Bn.
Market Size in 2030 USD 48.48 Bn.
CAGR 10% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 265
No. of Tables 120
No. of Charts and Figures 112
Segment Covered by Material, Distribution Channel, and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Yoga Mat Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/yoga-mat-market/37178/
Yoga Mat Market covered the Segments:
By Material
PVC
Rubber
Others
By Distribution Channel
Offline
Online
By End User
Yoga & fitness clubs
Households
Others
Some of the current players in the Yoga Mat Market are:
Lululemon
Manduka PROlite
Jade Yoga
Hugger Mugger Para rubber
PrAna Revolutionary
Gaiam, Easyoga
HATHAYOGA
Kharma Khare
Hosa Group
Yogabum
Aerolite
Aurorae
Barefoot Yoga
Key questions answered in the Yoga Mat Market are:
What segments are covered in the Yoga Mat Market report?
Which region is expected to hold the highest share in the Yoga Mat Market?
What is the market size of Yoga Mat Market by 2030?
Who are the top key players in the Yoga Mat Market?
What was the market size of Yoga Mat Market in 2023?
Key Offerings:
Past Market Size and Competitive Landscape
Yoga Mat Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Yoga Mat Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Contact Maximize Market Research:
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Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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