Technavio has been monitoring the yoga mat market and it is poised to grow by USD 480.87 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Yoga Mat Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- What are the major trends in the market?
- Wellness initiatives being undertaken by government and corporate agencies is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 6%, the incremental growth of the market is anticipated to be USD 480.87 million.
- Who are the top players in the market?
- ANYMATIC LLC, Barefoot Yoga Co., Hugger Mugger Yoga Products LLC Inc., JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon athletica Inc., Manduka LLC, Sequential Brands Group Inc., and Yoga Direct LLC. are some of the major market participants.
- What are the key market drivers and challenges?
- Increasing health consciousness is one of the major factors driving the market. However, the inconsistent pricing of raw materials restraints the market growth.
- How big is the North America market?
The North America region will contribute 34% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ANYMATIC LLC, Barefoot Yoga Co., Hugger Mugger Yoga Products LLC Inc. , JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon athletica Inc., Manduka LLC, Sequential Brands Group Inc., and Yoga Direct LLC are some of the major market participants. The increasing health consciousness will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Yoga Mat Market 2020-2024: Segmentation
Yoga Mat Market is segmented as below:
- North America
- South America
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Yoga Mat Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The yoga mat market report covers the following areas:
- Yoga Mat Market Size
- Yoga Mat Market Trends
- Yoga Mat Market Analysis
This study identifies wellness initiatives being undertaken by government and corporate agencies as one of the prime reasons driving the yoga mat market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Yoga Mat Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist yoga mat market growth during the next five years
- Estimation of the yoga mat market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the yoga mat market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of yoga mat market vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline – Market size and forecast 2019-2024
- Online – Market size and forecast 2019-2024
- Market opportunity by Distribution channel
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- ANYMATIC LLC
- Barefoot Yoga Co.
- Hugger Mugger Yoga Products LLC Inc.
- La Vie Boheme Yoga
- Liforme Ltd.
- lululemon athletica Inc.
- Manduka LLC
- Sequential Brands Group Inc.
- Yoga Direct LLC
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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