Global Yoga Mat Market size was valued at US$ 18.7 Bn. in 2021. Offline, one of the segments reviewed in our reports dominated the Yoga Mat Market.
Yoga Mat Market Overview:
The Yoga Mat market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Yoga Mat Market, as well as the causes for variances in the industry’s growth in a variety of sectors.
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Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are computed using weights assigned to each segment based on usage rate and average sale price. To determine the country-wise splits of the overall market and its sub-segments, the percentage adoption or usage of the given market Size in the relevant area or nation is employed.
Segmentation: With a 41% market share in terms of material in 2021, the PVC sector dominated the market. Materials made of polyvinyl chloride (PVC) are less expensive than other materials. PVC is increasingly in demand and is readily available in a variety of sizes and colours. These elements are fueling the segment’s market expansion.
Key Players:
Secondary research is used to identify market leaders, while primary and secondary research is used to establish market revenue. Secondary research comprised a review of the leading manufacturers’ annual and financial reports, whilst primary research included thorough interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then validated using primary sources.
The biggest players in the Yoga Mat market are as follows:
- • Lululemon
• Manduka PROlite
• Jade Yoga
• Hugger Mugger Para rubber
• PrAna Revolutionary
• Gaiam, Easyoga
• HATHAYOGA
• Kharma Khare
• Hosa Group
• Yogabum
• Aerolite
• Aurorae
• Barefoot Yoga
• Keep well
• Khataland
• Microcell Composite
• Yogarugs
• Copeactive
• Yogasana, A. Kolckmann
• JiangXi Lveten Plastic
• Liforme
• Starlight Yoga
• Bean Products
Regional Analysis:
Individual market influencing components and changes in market legislation that affect current and future market trends are also covered in the Yoga Mat market study’s regional overview. Current and future trends are investigated in order to analyze the overall market potential and find profitable patterns in order to get a more firm footing. The geographical market evaluation is based on the current environment and anticipated trends.
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COVID-19 Impact Analysis on Yoga Mat Market:
End-user industries where Yoga Mat are utilized saw a decline in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in the revenues of enterprises in these industries, as well as in demand for Yoga Mat manufacturers, affecting the Yoga Mat market’s growth in 2020. End-user business demand for Yoga Mat has plummeted as a result of lockdowns and an increase in COVID-19 events throughout the world.
Key Questions Answered in the Yoga Mat Market Report are:
- In 2021, which segment accounted for the most share of the Yoga Mat market?
- What is the competitive landscape of the Yoga Mat market?
- What are the key factors influencing Yoga Mat market growth?
- In the Yoga Mat market, which region has the most market share?
- What will be the CAGR of the Yoga Mat market during the forecast period (2022-2027)?
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