Yoga Mat Market 2025 Share, Trend, Global Industry Size, Price, Future Analysis, Regional Outlook

1. Yoga Mat Market Emerging Trends, Application Scope, Size, Status, Analysis And Forecast To 2025 “Yoga Mat Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast” The global yoga mat market size was worth USD 11.67 billion in 2018 and is anticipated to grow at a CAGR of 5.8% over the forecast period. The rising popularity of yoga particularly in countries such as Canada, the U.S., and the U.K. is projected to propel the demand for yoga mats. In addition, the health benefits associated with doing yoga is also boosting the market growth. According to a report, in 2016, over 36 million Americans practiced yoga. Additionally, the growing number of yoga studios across the globe is driving the demand for the product. Moreover, government authorities are taking up initiatives to promote the Ayurveda, and yoga. For example, in 2017, the Indian government opened over 100 parks for yoga across the country. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/global-yoga-mat-market/request-sample In 2018, the government invested over INR 1000 crore for developing a medicine system called AYUSH. The fast-growing wellness tourism sector and the addition of ancient techniques in modern education is anticipated to have a significant impact on market growth. According to studies, the number of people doing yoga is increased from 5% in 2008 to 11% in 2018. Polyvinyl chloride (PVC) type mats have dominated the market in 2018, owing to its low price, and high efficiency. Although, manufacturers are now focusing on producing mats using biodegradable and eco-friendly materials such as thermoplastic elastomer (TPE), and rubber. Due to the strict policies by the government on the usage of plastics, the rubber segment is projected to grow at the highest rate in the coming few years. Material Insights

2. Based on material, the yoga mat market is bifurcated into PVC, TPE, rubber, PE, and cotton/Jute. In 2018, the PVC, held the largest market share of over 40% in the overall market. Owing to its low price, the segment is expected to increase the demand for the product. However, due to the adverse effects of using PVC as it is non-recyclable, this material is anticipated to lose its split in the market. Rubber material is projected to grow at the highest rate from 2019 to 2025. The polyurethane rubber is gaining popularity and is expected to boost the market growth. This rubber is lighter in weight and is easy to recycle. Distribution Channel Insights In 2018, the specialty stores channel held the largest market share in the overall market. The segment is expected to grow substantially over the forecast period, owing to its high presence in countries such as Australia, China, and South Korea. The departmental store is projected to grow at the CAGR of 4.8% during the forecasted period. Online channel is projected to grow at a rate of 6.4% over the forecast period. This channel has low sales when compared to others; however, the growing network of online platforms along with the increasing penetration of smartphones is expected to propel the segment growth. Moreover, rising number of online retailers such as Amazon, Yogaoutlet.com, and Walmart are projected to support the market growth. Regional Insights In 2018, North America accounted for the largest market share in the overall market. In the region, there is a high demand for the product due to the growing awareness regarding health, and rising number of yoga studios. The Asia Pacific region is estimated to grow at a CAGR of 7.3% from 2019 to 2025. The supportive initiatives by the government are a major factor driving the growth of the product. Additionally, an increasing number of yoga studios in cities such as Shanghai, Beijing, and other cities in Asia are estimated to foster market growth. Yoga Mat Market Share Insights Leading players in the market include, Lululemon; Dragonfly; Manduka; Liforme Ltd.; prAna; Hugger Mugger; Jade Yoga; Alo Yoga, Inc., and Tomuno. Key players are taking various strategic initiatives such as merger & acquisition, new product launch, increasing their research & development expenditure and others to compete with each other. The market poses moderate to high entry barriers to new players. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-yoga-mat-market Table Of Contents 1Yoga Mat Overview 2Global Yoga Mat Application Estimates & Trend Analysis 3Global Yoga Mat Size and Growth Prospects 4Global Yoga Mat Analysis by Region

3. 5Global Yoga Mat Analysis by Type 6Global Yoga Mat Analysis by Application 7Global Yoga Mat Manufacturers Analysis 8Global Yoga Mat Technology and Development Trends See More Reports Of This Category By Million Insights @ https://www.millioninsights.com/industry/consumer-goods Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184