Yoga Mat Market Outlook On The Basis Of Material, Distribution Channel, Region And Forecast To 2025 

18/mag/2020 14:15:33 Grand View Research Contatta l'autore

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Yoga Mat Market

San Francisco, 18 May 2020: The Report Yoga Mat Market Size, Share & Trends Analysis Report By Material (Cotton/Jute, PVC, TPE, Rubber, PE), By Distribution Channel (Specialty Store, Online Channel), By Region, And Segment Forecasts, 2019 - 2025

The global yoga mat market size is anticipated to reach USD 17.32 billion by 2025 registering a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Supportive government initiatives to promote yoga across the world will fuel the product demand over the forecast period. Rising number of yoga studios due to growing popularity of the technique in countries including U.S., China, and Australia is also expected to boost the product demand in the coming years.

The Polyvinyl Chloride (PVC) material segment accounted for the maximum market share of 40.3% in 2018 due to high efficiency and low cost of these materials. However, manufacturers are focusing on developing products from eco-friendly and biodegradable materials, such as rubber and Thermoplastic Elastomer (TPE), owing to stringent government regulations on use of plastic. Thus, rubber material segment is anticipated to expand at the fastest CAGR of 7.1% over the forecast period. Moreover, rubber is highly UV-resistant and easy to clean, which drives the segment further.

Access Research Report of Yoga Mat Market https://www.grandviewresearch.com/industry-analysis/yoga-mat-market

Further key findings from the study suggest:

  • North America is anticipated to be the largest regional market over the forecast period. Increasing awareness about the health benefits of yoga is expected to boost the product demand
  • However, Asia Pacific is projected to be the fastest-growing regional market at a CAGR of 7.3% from 2019 to 2025
  • Online distribution channel segment is anticipated to witness the fastest growth rate over the forecast period
  • Increasing usage of smartphones and internet, especially in developing countries like India and China, is expected boost product sales through online channel
  • The global yoga mats market is highly competitive. Some of the top companies are Alo Yoga, Inc.; Lululemon; Manduka; Jade Yoga; prAna; Hugger Mugger; Khataland; Liforme Ltd.; Dragonfly; and Tomuno

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/clothing-footwear-and-accessories

Grand View Research has segmented the global yoga mats market on the basis of material, distribution channel, and region:

Yoga Mats Material Outlook (Revenue, USD Million, 2015 - 2025)

  • PVC
  • TPE
  • Rubber
  • PE
  • Cotton/Jute

Yoga Mats Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Specialty Store
  • Departmental Store & Hypermarket
  • Online Channel

Yoga Mats Region Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Access Press Release of Yoga Mat Market @ https://www.grandviewresearch.com/press-release/global-yoga-mats-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

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