Yoga Mat Market worth $10.5 billion by 2026
The report Yoga Mat Market by Material (Natural Rubber, Polyvinyl Chloride, Polyurethane, Thermoplastic Elastomer, Others), Distributional Channel (E-Commerce, Supermarket & Hypermarket, Specialty Store), End-Use, Region – Global Forecast to 2025", The global yoga mat market size is projected to grow from USD 8.8 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 3.1% during the forecast period 2020 to 2026. The market growth is driven by the rising awareness regarding healthy lifestyles along with the increasing popularity of yoga.
The polyvinyl chloride segment accounted for the major share of the yoga mat market in 2020.
By material, the polyvinyl chloride segment accounted for the largest market share in 2020. PVC is used for manufacturing yoga mats as it is inexpensive than other polymers, provides flexibility, durability, and is also easier to wash in comparison to other materials. Hence, PVC is preferred for manufacturing low-cost yoga mats..
The e-commerce segment accounted for the largest share of the yoga mat market in 2020.
Fitness products, such as yoga mats, witnessed a high demand due to the lockdown of health clubs and gymnasiums. This has led to an increase in the expansion of e-commerce distribution channels and demand for fitness products.
The personal segment accounted for the largest share of the yoga mat market in 2020.
Yoga mats have more uses than their basic functions, due to which its consumption has been steadily accumulative in the consumer market. This is projected to drive the growth of the yoga mats market during the forecast period.
Asia Pacific accounted for the largest share in the global yoga mat market in 2020
Factors such as the local government initiatives to support the yoga industry, such as the Ayush initiative by the Indian management, the presence of cheap labor and multitude of raw materials, the health awareness and inclination toward healthy lifestyle among the youth, and the presence of many local manufacturers of yoga mats are responsible for propelling the demand for yoga mats in the Asia Pacific region.
Fabrication Enterprises, Inc. (US), QuanzhouSansheng Rubber Plastic Foamed Shoes Materials Co., Ltd. (China), adidas AG (Germany), La Vie Boheme Yoga (US) (US), Accessory Arcade (India), Eupromed S.R.O. (Czech Republic), Ningbo Mylon Rubber & Plastic Co., Ltd. (China), Winboss International Co., Ltd (Taiwan), Xiamen Sanfan Sports Products Co, Ltd. (China), Alo Yoga (US), TEGO (India), Ecoyoga (US), Shenzhen Haifuxing Technology Co., Ltd (China), Shanghai Fitness Sourcing Inc. (China), among others are the key players operating in the yoga mat market.
By material, the polyvinyl chloride segment accounted for the largest market share in 2020. PVC is used for manufacturing yoga mats as it is inexpensive than other polymers, provides flexibility, durability, and is also easier to wash in comparison to other materials. Hence, PVC is preferred for manufacturing low-cost yoga mats..
The e-commerce segment accounted for the largest share of the yoga mat market in 2020.
Fitness products, such as yoga mats, witnessed a high demand due to the lockdown of health clubs and gymnasiums. This has led to an increase in the expansion of e-commerce distribution channels and demand for fitness products.
The personal segment accounted for the largest share of the yoga mat market in 2020.
Yoga mats have more uses than their basic functions, due to which its consumption has been steadily accumulative in the consumer market. This is projected to drive the growth of the yoga mats market during the forecast period.
Asia Pacific accounted for the largest share in the global yoga mat market in 2020
Factors such as the local government initiatives to support the yoga industry, such as the Ayush initiative by the Indian management, the presence of cheap labor and multitude of raw materials, the health awareness and inclination toward healthy lifestyle among the youth, and the presence of many local manufacturers of yoga mats are responsible for propelling the demand for yoga mats in the Asia Pacific region.
Fabrication Enterprises, Inc. (US), QuanzhouSansheng Rubber Plastic Foamed Shoes Materials Co., Ltd. (China), adidas AG (Germany), La Vie Boheme Yoga (US) (US), Accessory Arcade (India), Eupromed S.R.O. (Czech Republic), Ningbo Mylon Rubber & Plastic Co., Ltd. (China), Winboss International Co., Ltd (Taiwan), Xiamen Sanfan Sports Products Co, Ltd. (China), Alo Yoga (US), TEGO (India), Ecoyoga (US), Shenzhen Haifuxing Technology Co., Ltd (China), Shanghai Fitness Sourcing Inc. (China), among others are the key players operating in the yoga mat market." required>