Global Yoga Mat Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
2 Jun, 2021
The yoga mat market consists of sales of yoga mats by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing and selling yoga mats. Yoga mats are also commonly known as non-slip mats, non-skid mats, or sticky mats. These mats are specially fabricated mats used to accommodate the body of a person while practicing yoga to prevent hands and feet from slipping during practicing yoga.
Global Yoga Mat Market Size And Drivers:
The global yoga mat market is expected to grow from $9.97 billion in 2020 to $10.76 billion in 2021 at a compound annual growth rate (CAGR) of 7.9%.The growth is mainly due to the increasing health consciousness among consumers and the rising prevalence of lifestyle diseases and obesity. The yoga mat market is expected to reach $13.49 billion in 2025 at a CAGR of 5.8%. The increasing popularity of yoga is expected to drive the growth of the yoga mat market in the forecast period.
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Trends In The Global Yoga Mat Market
The launch of eco-friendly products is a key trend in the yoga mat market. Major companies are focusing on manufacturing eco-friendly mats to attract more customers and survive in the competitive business environment. For instance, in August 2020, Organic Apoteke, a UK-based company launched an eco-travel yoga mat. The eco-travel yoga mat is biodegradable, odor-resistant, and antimicrobial. It has a wet grip surface which helps to maintain balance while practicing yoga.
Global Yoga Mat Market Segments:
The global yoga mat market is further segmented based on type and geography.
By Material: Natural Rubber, Polyvinyl Chloride, Polyurethane, Thermoplastic Elastomer, Others
By Distribution Channel: E- Commerce, Supermarket and Hypermarket, Specialty Store
By End User: Yoga & Fitness Clubs, Household, Others
By Geography: The global yoga mat market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the yoga mat market.
Read More On The Report For The Global Yoga Mat Market At:https://www.thebusinessresearchcompany.com/report/yoga-mat-global-market-report
Yoga Mat Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides yoga mat market overviews, analyzes and forecasts market size and growth for the global yoga mat market, yoga mat market share, yoga mat market players, yoga mat market segments and geographies, yoga mat market’s leading competitors’ revenues, profiles and market shares. The yoga mat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.