Reports And Data
The Global Yoga Mat Market size is expected to reach USD 25.16 Billion in 2028 and register a revenue CAGR of 6.6% during the forecast period.
NEW YORK CITY, NEW YORK, USA, July 20, 2022 /EINPresswire.com/ -- The Global Yoga Mat Market size is expected to reach USD 25.16 Billion in 2028 and register a revenue CAGR of 6.6% over the forecast period, according to the latest report by Reports and Data. Increasing participation in physical training and sports activities, especially among millennial generation due to adoption of sedentary lifestyle and busy schedule, and higher prevalence of chronic diseases globally are key factors driving market revenue growth.
Yoga mats are usually made using Polyvinyl Chloride (PVC) that does not break down in landfills and is difficult and expensive to recycle. This, along with, growing environmental concerns is positively impacting adoption of eco-friendly yoga mats around the world. Yoga mats are comfortable, foldable, easy to carry, and can be used anywhere. In addition, leading manufacturers are offering ultraviolet-resistant products with closed-cell construction to prevent germs from being absorbed into the mats.
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Companies are introducing latest designs and innovative features to provide extra benefits. For instance, Yoga Design Lab introduced Infinity Mat, which is a novel type of yoga mat. It is best for all yoga and fitness exercises and contains the right amount of cushions. The product is made of biodegradable, natural wood rubber, providing comfort and professional-level performance. Such initiatives would help to create new opportunities for yoga mat producers in the market.
Top 10 Profiled in the Global Yoga Mat Market Report:
• Adidas AG,
• EuProMed,
• Hugger Mugger Yoga Products,
• Jade Yoga,
• Lululemon Athletica,
• Manduka, LLC
• Others
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Market Segmentation:
Material Type Outlook (Revenue, USD Billion; 2018-2028)
• Polyvinyl Chloride (PVC)
• Thermoplastic Elastomer (TPE)
• Natural Rubber
• Cotton or Jute
• Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
• Supermarkets or Hypermarkets
• Specialty Stores
• E-commerce
• Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
• Yoga & Fitness Clubs
• Households
• Others
Some Key Highlights From the Report
• PVC segment accounted for the largest revenue share in 2020, owing to its cost-effectiveness and easy availability It also offers durability and flexibility, as well as is easy to wash, as compared to other materials. Due to its lightweight and friction resistance properties, many developing countries such as Argentina, India, Brazil, and Mexico are using PVC mats.
• Natural rubber segment is expected to expand at a faster revenue growth rate over the forecast period. Natural rubber yoga mat is eco-friendly, comfortable, and has a superior grip. This mat also has antimicrobial properties that help to keep it clean.
• E-commerce segment is expected to expand at a significant rate in terms of revenue over the forecast period. Revenue growth of this segment is attributed to high internet accessibility. E-commerce also offers a better price for a product and consumers can easily compare the price of different products which are available in multiple websites. Some other benefits include advancement in digital payment options, discounts or coupons, clear information about products, easy product replacement and refund, and availability of fast delivery options.
Key Takeaways of the Global Yoga Mat Market Report:
• A comprehensive overview of the global Yoga Mat industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the global Yoga Mat market.
• Elaborate study of the leading regional markets in the global Yoga Mat market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.
Key Regional Markets Covered in the Report:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Russia
o U.K.
o Germany
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o Israel
Rest of Middle East & Africa
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