Yoga Mat Market Scope, Global Analysis | Regional Trend, Industry Demand, Current and Future Plans by Forecast to 2025
Research Reports
Dec 29, 2020
Market Overview
The focus on wellness and health has increased considerably, and this is estimated to benefit the yoga mat market in 2020. The consumer and retail reports are made by Market Research Future, which includes market choices for development. A USD, 2.5 Billion income, is projected for the market by 2025 at a CAGR of 7.2%.
The improved quality and variations in yoga mats are estimated to reinforce further the yoga mat market share in the forecast period. The eco-friendly and easily recyclable qualities are predicted to additionally enhance the yoga mat market in the approaching period.
Competitive Analysis
The fortifying effects of government policies are estimated further to reduce the achievement of future goals in the market. It is estimated that the factors of the market that were previously not leveraged will be employed to boost the potential of the market in the approaching period. The rivalry in the market is estimated to take a muted course in the progression of the forecast period.
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The important companies in the Yoga Mat Market are Shenzhen HAIFUXING Technology Co., Ltd. (China)-HFX, Outdoor GEARLAB LLC (US), Elysian (Taiwan), Shanghai EVERSUCCESS Industries Co., Ltd (China), Shanghai Fitness Sourcing Inc. (China), Prana Revolution, Jiangxi LVETEN Plastic Industry Co., Ltd. (China), KOLCKMANN GmbH (Germany)-AKO yoga, Hugger Mugger (US), Tapas, Eco-Rich, Earth Elements, Shrine Sports Distributors (India)-Stag, Jade Yoga (US), LIFORME Ltd (UK), Mandala Yoga Mat (US), Aerolite (India), Hefei BODYUP Sports Co., Ltd. (China) and Microcell Composite Company (Taiwan).
Segmental Analysis
The segmental review of the Yoga Mat Market is carried out based on type, end-user, distribution channel, and region. Based on the distribution channel, the yoga mat market is segmented into store-based and non-store-based. Based on the type, the yoga mat market is segmented into rubber yoga mats, PVC yoga mats, TPE yoga mats, cotton yoga mats. Based on the region, the yoga mat market is segmented into Asia Pacific, North America, Europe, the rest of the regions in the world. Based on the end-user, the yoga mat market is divided into adults and children.
Detailed Regional Analysis
The regional insight into the yoga mat market includes Asia Pacific, North America, Europe, the rest of the regions in the world. The Asia Pacific yoga mat market held the biggest market segment and is anticipated to go on to be the dominant player in the forecast period. The national market in India is leading the Asia Pacific region as it has a high number of practitioners. The expanding frequency of lifestyle diseases has directed to an emphasis on health and fitness and the implementation of yoga and meditation. This is projected to stimulate the development of the yoga mat market in the North American regional market in the forecast period. The development of the yoga industry is also backing the development of the market in the European region has a huge client base for yoga mats.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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