Yoga Clothing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Yoga Clothing Market
The global yoga clothing market size was valued at USD 27.63 billion in 2023 and is projected to grow from USD 39.69 billion in 2024 to USD 55.65 billion by 2032, exhibiting a CAGR of 8.17% during the forecast period of 2024-2032.
The COVID-19 pandemic has influenced the consumption of the Yoga Clothing Market as customers are more inclined to buy convenient and versatile clothing that can be used for practicing Yoga and other workouts. This has led to an increase in the market for yoga pants, tops, and accessories for yoga and leisure at home, affecting the yoga clothing market growth.
Some critical current and future tendencies that influence the growth of the yoga clothing market are the global tendency to develop yoga and wellness activities, The booming of the athleisure trend among people of all ages, and the changing human perception of clothing as comfortable wear for various activities.
The yoga clothing market is now leaning towards environmentally friendly production due to consumers’ awareness. Decreasing the number of products damaged to the environment has become another critical issue, as brands are using recycled materials, organic cotton, and refilling. They include management development of environmentally sensitive production methods, companies’ reduction of their impact on the environment, and the treatment of workers relatively, impeding a global rise in yoga clothing market share. Companies follow this concept since the buyers are becoming conscious of the environmental status and are willing to pay more for yoga clothing that is friendly to the environment.
Comprehensive Analysis of Yoga Clothing Market
The yoga clothing market is segmented into three categories: Most respondents selected type, end-user, and distribution channel as the most relevant information for segmenting their SMC-IT product. Based on the type, the market has categorization into top wear, bottom wear, and others, with bottom wear projected to have a higher demand due to its use by yoga enthusiasts. The top wear segment is also likely to rise because people like to wear comfortable Casual wear, Ethnic wear, and Formal wear. Based on end-users, the market is segmented as males and females; females have a sensitive part in their body, which is the reproductive system, and this makes them want to ensure they are comfortable and healthy, hence adopting yoga clothing. The female segment is projected to be the largest market since the brands invest in appealing products for the female gender. Regarding the distribution channel, it can be divided into offline and online stores, and due to the possibility of touching the products before purchasing, offline stores are expected to take the most significant share. However, e-commerce stores will likely be busy today because consumers are busy. They want to shop from home at their convenience time.
The North American region led the yoga clothing market by benefitting a size of USD 8.99 billion in 2023 due to the improved economic status and the general standard of living.
The leading players in the yoga clothing market significantly influence its growth trajectory and set industry standards. These key players, including Adidas AG (Germany), Alo Yoga (U.S.), Athleta Inc. (U.S.), Hanesbrands Inc. (U.S.), Lululemon Athletica Inc. (Canada), Nike Inc. (U.S.), PUMA SE (Germany), Ralph Lauren Corp. (U.S.), Under Armour Inc. (U.S.), and Outdoor Voices (U.S.), contribute to a competitive landscape, driving innovation and market advancement in the yoga clothing industry.
In September 2022, Spanx entered the activewear market quite successfully; they launched some new items with comfortable, functional prints, like track pants, yoga pants, and tennis skirts with pockets. This has also witnessed the company diversifying its production to meet market needs for more than just the simple, functional athletic wear.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 8.17% from 2024 to 2032
Unit Value (USD billion)
Segmentation By Type
Top Wear
Bottom Wear
Others
By End-User
Male
Female
By Distribution Channel
Offline Stores
E-Commerce Stores
By Region
North America (By Type, End-User, Distribution Channel and by Country)
- U.S. (By Type)
- Canada (By Type)
- Mexico (By Type)
Europe (By Product Type, End-User, Distribution Channel, and by Country)
- Germany (By Type)
- France (By Type)
- Italy (By Type)
- U.K. (By Type)
- Russia (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Type, End-User, Distribution Channel, and by Country)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Rest of Asia Pacific (By Type)
South America (By Type, End-User, Distribution Channel, and by Country)
- Brazil (By Type)
- Argentina (By Type)
- Rest of South America (By Type)
Middle East and Africa (By Type, End-User, Distribution Channel and by Country)
- UAE (By Type)
- South Africa (By Type)
- Rest of the Middle East and Africa (By Type)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global 3D Secure Pay Authentication Key Players Market Share/Ranking, 2022
- 5. Global 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 5.1. Key Findings
- 5.2. By Type (USD)
- 5.2.1. Access Control Server
- 5.2.2. Merchant Plug-in
- 5.2.3. Others (Directory Server, etc.)
- 5.3. By Application (USD)
- 5.3.1. Merchant and Payment Processors
- 5.3.2. Banks
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 6. North America 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 6.1. Key Findings
- 6.2. By Type (USD)
- 6.2.1. Access Control Server
- 6.2.2. Merchant Plug-in
- 6.2.3. Others (Directory Server, etc.)
- 6.3. By Application (USD)
- 6.3.1. Merchant and Payment Processors
- 6.3.2. Banks
- 6.4. By Country (USD)
- 6.4.1. United States
- 6.4.2. Canada
- 6.4.3. Mexico
- 7. South America 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 7.1. Key Findings
- 7.2. By Type (USD)
- 7.2.1. Access Control Server
- 7.2.2. Merchant Plug-in
- 7.2.3. Others (Directory Server, etc.)
- 7.3. By Application (USD)
- 7.3.1. Merchant and Payment Processors
- 7.3.2. Banks
- 7.4. By Country (USD)
- 7.4.1. Brazil
- 7.4.2. Argentina
- 7.4.3. Rest of South America
- 8. Europe 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 8.1. Key Findings
- 8.2. By Type (USD)
- 8.2.1. Access Control Server
- 8.2.2. Merchant Plug-in
- 8.2.3. Others (Directory Server, etc.)
- 8.3. By Application (USD)
- 8.3.1. Merchant and Payment Processors
- 8.3.2. Banks
- 8.4. By Country (USD)
- 8.4.1. United Kingdom
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Spain
- 8.4.5. Italy
- 8.4.6. Russia
- 8.4.7. Benelux
- 8.4.8. Nordics
- 8.4.9. Rest of Europe
- 9. Middle East & Africa 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 9.1. Key Findings
- 9.2. By Type (USD)
- 9.2.1. Access Control Server
- 9.2.2. Merchant Plug-in
- 9.2.3. Others (Directory Server, etc.)
- 9.3. By Application (USD)
- 9.3.1. Merchant and Payment Processors
- 9.3.2. Banks
- 9.4. By Country (USD)
- 9.4.1. Turkey
- 9.4.2. Israel
- 9.4.3. GCC
- 9.4.4. North Africa
- 9.4.5. South Africa
- 9.4.6. Rest of MEA
- 10. Asia Pacific 3D Secure Pay Authentication Market Size Estimates and Forecasts, By Segments, 2019-2030
- 10.1. Key Findings
- 10.2. By Type (USD)
- 10.2.1. Access Control Server
- 10.2.2. Merchant Plug-in
- 10.2.3. Others (Directory Server, etc.)
- 10.3. By Application (USD)
- 10.3.1. Merchant and Payment Processors
- 10.3.2. Banks
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. India
- 10.4.4. South Korea
- 10.4.5. ASEAN
- 10.4.6. Oceania
- 10.4.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Visa Inc.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Mastercard Inc.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. The American Express Company
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Broadcom Inc.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Modirum
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. SIA S.p.A.
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Fiserv, Inc.
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Cardknox Development, Inc.
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Marqeta, Inc.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. ENTERSEKT
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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