The global yoga mat market size is expected to grow from $10.76 billion in 2021 to $11.37 billion in 2022 at a compound annual growth rate (CAGR) of 5.7%. The yoga mats market is expected to grow to $14.36 billion in 2026 at a CAGR of 6%.
What is the Global Yoga Mat Market?
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.
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What drives the Global Yoga Mat Market?
The increasing popularity of yoga is expected to drive the growth of the yoga mat market in the forecast period. The surge in the practice of yoga across the globe is generating higher demand for specialized equipment and accessories such as yoga mats. According to the US Yoga Population Statistics, about 55 million American people practiced yoga in 2021, with 72% of the female practitioners. Moreover, Americans spend approximately $16 billion on yoga equipment, classes, clothing, and accessories. Therefore, the rise in the popularity of yoga is boosting the demand for the yoga mat market.
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https://www.thebusinessresearchcompany.com/report/yoga-mat-global-market-reportGlobal Yoga Mat Market Segments
The global yoga mat market is segmented:
By Material: Natural Rubber, Polyvinyl Chloride, Polyurethane, Thermoplastic Elastomer, Others
By Distribution Channel: E-Commerce, Supermarket and Hypermarket, Specialty Store
By End-User: Yoga and Fitness Clubs, Household, Others
By Geography: The regions covered in the yoga mat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Yoga Mat Global Market Report 2022 provides market size and growth forecasts for the global yoga mat market, global yoga mat market share, yoga mat market segments and geographies, yoga mat market competitive landscape including 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.
Global Yoga Mat Industry Players include Jade Yoga, Manduka LLC, Hugger Mugger Yoga Products, Liforme Ltd, Barefoot Yoga Co, Fabrication Enterprises Inc., Accessory Arcade, Ningbo Mylon Rubber & Plastic Co Ltd, Winboss International Co Ltd, Xiamen Sanfan Sports Products Co Ltd and Hefei Bodyup Sports Co Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.