Global Yoga Mat Market- Overview
It is estimated for the global yoga mat market to witness growth at a CAGR of 6.2% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 4.8% during the previous forecast period of 2018 to 2021. Yoga mats are specially fabricated mats used to prevent hands and feet slipping during asana practice in modern yoga as exercise. It provides a non-slip and cushioned surface, which makes it easier to perform yoga asanas safely and comfortably. These factors of the yoga mat are driving the growth of the market during the forecast period.
Global Yoga Mat Market- Growth Factors
The growing awareness about yoga is estimated to boost the growth of the market around the globe. The growing awareness about the health benefits associated with the practice of yoga is benefitting the growth of the market around the globe. Apart from this, the spreading of awareness about the practice of yoga by various celebrities around the globe is also estimated to boost the growth of the market during the forecast period. Also, the growing number of yoga classes around the globe is also estimated to drive the growth of the market during the forecast period. The teaching of yoga sessions on various platforms of internet has also created convenience on the part of a majority of the audience in adapting to the practice of yoga from the comfort of their place and this factor is also fostering the growth of the market during the forecast period.
Global Yoga Mat Market- Market Trends
The growing awareness about the health benefits associated with the practice of yoga is benefitting the growth of the market around the globe.
Also, the growing number of yoga classes around the globe is also estimated to drive the growth of the market during the forecast period.
The teaching of yoga sessions on various platforms of internet has also created convenience on the part of a majority of the audience in adapting to the practice of yoga from the comfort of their place and this factor is also fostering the growth of the market during the forecast period.
Global Yoga Mat Market Segmentation
The global yoga mat market is segmented based on product type and distribution channel.
Based on product type, the market is segmented into,
PVC
TPE
Rubber
PE
Cotton/Jute
Based on distribution channel, the market is been segmented into,
Specialty Store
Departmental Store & Hypermarket
Online Channel
Global Yoga Mat Market Regional Analysis
It is estimated for the region of Asia Pacific to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The US region is also estimated to witness a notable growth rate in the market.
Global Yoga Mat Market Key Market players
Lululemon; Manduka; Jade Yoga; prAna; Hugger Mugger; Khataland; Liforme Ltd.; Dragonfly; Tomuno; and Alo Yoga, Inc. are the major players that are driving the growth of the market during the forecast period.
