Yoga Mat Market Segmentation, Industry Analysis By Production, Consumption, Revenue And Growth Rate By 2027

The latest market intelligence report, titled ‘Global Yoga Mat Market, is intended to provide the target audience with the necessary information about the global Yoga Mat Market industry. The report comprises a detailed analysis of the vital elements of the Yoga Mat Market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Yoga Mat Market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Reports and Data, is a detail-oriented compilation of the crucial aspects of the Yoga Mat Market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

The global yoga mat market size was USD 8.83 Billion in 2019 and it is anticipated to reach USD 11.13 Billion by 2027, at a CAGR of 3.1% during the forecast period. The market is primarily driven by growing awareness among the new generation as well as elderly population regarding health benefits of yoga. The sedentary lifestyle of the new generation results in rising prevalence of obesity and chronic diseases, which is driving the practice of yoga and increasing the demand for yoga mats.

The latest market study, Yoga Mat Market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2020 - 2027.This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2020 - 2027.Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.

Key Highlights of Report

In October 2020, Columbia Sportswear Company, a leading player in the global industry for active lifestyle apparel, accessories, footwear, and equipment, selected Adyen as its key payments provider. . Adyen is expected to officially introduce Columbia Sportswear Company across the U.S., Canada, and Europe. The strategic initiative would provide Columbia Sportswear Company and its family of brands access to a unified commerce platform, creating a single view of payments and customer data across in-store and online purchases.

The E-commerce segment held the largest market share of 52.9% in 2019. The increasing Internet penetration and accessibility and rising usage of smartphones in developing economies have driven the segment.

The natural rubber segment is anticipated to expand at the most rapid CAGR of 3.8% during the forecast period. Increasing investments by manufacturers to produce eco-friendly and biodegradable yoga mats are driving the use of natural rubber for production of yoga mats.

Asia Pacific accounted for the largest market share of the global yoga mat market in 2019. Increasing government initiatives to promote healthy lifestyle are driving the yoga mat market in the region.

Key market participants include Columbia Sportswear, Manduka, LLC, Lululemon Athletica, Hugger Mugger Yoga Products, Jade Yoga, Liforme Yoga, Fabrication Enterprises Inc., Sequential Brands Group, Inc., Barefoot Yoga Co., and ADIDAS AG

You Can Download Free Sample PDF Copy of Yoga Mat Market at https://www.emergenresearch.com/request-sample/438

Regional Landscape

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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