Global Yoga Mat Market 2024-2028
Technavio has been monitoring the yoga mat market and is forecast to grow by USD 2876.5 mn during 2023-2028, accelerating at a CAGR of 5.5% during the forecast period. Our report on the yoga mat market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product premiumization owing to more innovation in yoga accessories, large obese population and increasing health consciousness, and wellness initiatives being undertaken by government and corporate agencies.
Technavio's yoga mat market is segmented as below:
By Distribution Channel
By End-user
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing focus on using sustainable raw materials as one of the prime reasons driving the yoga mat market growth during the next few years. Also, increasing availability of custom yoga mats and increasing introduction of smart mats will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the yoga mat market covers the following areas:
- Yoga mat market sizing
- Yoga mat market forecast
- Yoga mat market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading yoga mat market vendors that include Adidas AG, Barefoot Yoga Co., Body Solid Inc., Decathlon SA, Hugger Mugger Yoga Products LLC Inc., JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon athletica Inc., Manduka LLC, Merrithew International Inc., New Balance Athletics Inc., Nike Inc., NoCoast Beer Co., OPTP, Second Earth Pty Ltd., Trimax Sports Inc., Yoga Direct LLC, Yogamatters Ltd., and YogiKuti Pvt. Ltd.. Also, the yoga mat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.