Yoga Equipment Market Forecast and CAGR
The yoga equipment market is expected to increase at a substantial rate during the forecast period with absolute $ opportunity of more than US$ 400 Mn. In 2020, the demand was seen rising at a stable rate and with the mounting implementation of strategies by key players, it is projected to increase over the projected horizon. Numerous number of health benefits by practicing yoga have stemmed rise in number of peoples practicing yoga around the world.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the Yoga Equipment Market 2021–2031 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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Who are the Key Manufacturers of Yoga Equipment?
Yoga equipment manufacturers are continuously looking for improving the features and technologies to widen their customer base.
- Barefoot Yoga
- Jade Yoga
- Lululemon Atheletica
- Manduka
- Sequentials Brands Group
- Hugger Mugger Para Rubber
- Gaiam
- Yogabum
- Aerolite
- Aurorae
- Khataland
- Lining
- Proiron
- Easy yoga
are some of the prominent players managing the global yoga equipment’s demand. These players have implemented the strategies of agreements and acquisitions to boost their position in the market.
The launch of smart mats will offer massive growth opportunities. To make most of it, the key players and vendors are focusing more on the rising prospects in the fast budding segments, while upholding their positions in the slow growing segments.
The leading suppliers are Recreational Equipment’s, South Florida Promotions, Global Store Supply, Alo Yoga, North American Mat Co., Logoit, Kamin & Associates, Mat Depot, Waitz Corp. American Rubber & Supply, MPD Holdings and Spartan Direct.
All in all, the evolution prospects of the yoga equipment’s are promising, as more number of peoples are favoring towards yoga systems and the increase in the number of wellness centers and yoga studios in an emerging market will reinforce the demand for yoga equipment’s.
The Yoga Equipment Market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing Yoga Equipment Market ?
- How the Yoga Equipment Market does looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2029?
- What innovative products are being introduced by the players in the global Yoga Equipment Market ?
- Which regions are showing the fastest market growth?
Key Countries Covered
- U.S.
- Canada
- Germany
- U.K.
- France
- Spain
- Italy
- Russia
- China
- Japan
- South Korea
- India
- Australia
- Brazil
- Mexico
- Argentina
- GCC
- South Africa
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Key Segments
By Product Type
- Yoga Blocks & Bricks
- Yoga Belts
- Bolsters & Zafus
- Yoga Chairs & Feet Up
- Yoga Ropes & Swings
- Exercise Balls
- Yoga Weigh Bars
- Others
By Sales Channel
- Modern Trade Channels
- Specialty Stores
- Direct To Customer Channels
- Third Party Online Stores
- Others
By End Users
- Yoga Clubs
- Homes
- Gyms
- Schools
- Wellness / Community Centers
- Others
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East And Africa
- GCC Countries
- Other Middle East
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments by product type, by sales channel, by end users and by geographies.
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Europe Demand Outlook for Yoga Equipment
The European market for yoga equipment is majorly dominated by the yoga clubs, gyms and individuals. Rise in obese population, increase in health awareness, influence of digitalization and health benefits associated with yoga drives the growth in European yoga equipment requirement.
Countries such as UK, Italy, Germany and France are having the world’s largest fitness centers, whereas Germany is the highest revenue generator among the Europe region. Growth in consciousness towards regular physical activities to uphold healthy lifestyle inspires entities for working out on a regular basis, which, in turn, is projected to propel the Europe yoga equipment growth.
For More insight- https://www.einpresswire.com/article/556697081/demand-for-light-duty-vehicles-wrap-films-is-surged-on-the-back-of-increasing-consumer-traction
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