Yoga Accessories Market Strategies and Share 2031
The Yoga Accessories Market is expected to register a CAGR of 3.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Yoga Accessories market report is segmented by product type (Yoga Mats, Yoga Straps, Yoga Blocks, Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others, and geography. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Yoga Accessories Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Yoga Accessories Market Segmentation
Product Type- Yoga Mats
- Yoga Straps
- Yoga Blocks
- Others
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Strategic Insights
Yoga Accessories Market Growth Drivers- Growing popularity of Yoga: As a mainstream activity for the development of healthy bodies and minds, more people use related accessories such as mats, blocks, straps, worldwide.
- Growing Health and Wellness Trend: The growing awareness of wellness globally, adding mental health to that list, has led people to opt for yoga as part of their holistic approach to wellness.
- Home Gym: With increased growth in at-home exercise, most of which started after the start of the COVID-19 pandemic, demand for accessories that promote yoga at home is rising.
- Increasing demand for eco-friendly materials: Most consumers prefer yoga accessories that are made from environmentally friendly materials, including natural rubber, cork, and organic cotton. Yoga accessories should be able to meet the lifestyles of consumers who remain environmentally conscious when consuming such products.
- Technological Integration: The latest thing to hit the market is a smart yoga mat with sensor-embedded accessories that can provide real-time monitoring of posture and performance.
- Personalized Yoga Equipment: A trend towards individually designed and color-coordinated mats and accessories, like personalized colors, textures, and branding.
- New Demographics to Target: A bigger push for marketing toward men and into older demographics who increasingly are taking up the practice of yoga for both their physical and mental advantage.
- More Online Retail Channels: A much bigger playing around with e-commerce as a distribution channel and direct-to-consumer for broader reach, particularly in the influencer space in wellness.
- Yoga Retreats & Corporate Wellness Programs: The surfacing demand for yoga retreats, wellness programs and corporate wellness initiatives opens a door into this market by offering accessories geared to these spaces.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Yoga Accessories Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Yoga Accessories Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 3.5% during 2021–2031.
The major drivers are the increasing popularity of yoga and other fitness trends and growing consciousness about health, along with the improvement in the functionality of accessories, such as smart mats and sustainable materials.
Key trends in the market include eco-friendly and sustainable materials in yoga accessories, like natural rubber mats, and smart yoga accessories, such as smart mats that record the poses are some of the future trends of this market.
Major players include adidas AG, Barefoot Yoga Co, Hugger Mugger, JadeYoga, La Vie Boheme Yoga, LIFORME, lululemon athletica, Manduka, Ryan Overseas,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Yoga Accessories Market - By Product Type
1.3.2 Yoga Accessories Market - By Distribution Channel
1.3.3 Yoga Accessories Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. YOGA ACCESSORIES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. YOGA ACCESSORIES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. YOGA ACCESSORIES MARKET - GLOBAL MARKET ANALYSIS
6.1. YOGA ACCESSORIES - GLOBAL MARKET OVERVIEW
6.2. YOGA ACCESSORIES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. YOGA ACCESSORIES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. YOGA MATS
7.3.1. Overview
7.3.2. Yoga Mats Market Forecast and Analysis
7.4. YOGA STRAPS
7.4.1. Overview
7.4.2. Yoga Straps Market Forecast and Analysis
7.5. YOGA BLOCKS
7.5.1. Overview
7.5.2. Yoga Blocks Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. YOGA ACCESSORIES MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. YOGA ACCESSORIES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Yoga Accessories Market Overview
9.1.2 North America Yoga Accessories Market Forecasts and Analysis
9.1.3 North America Yoga Accessories Market Forecasts and Analysis - By Product Type
9.1.4 North America Yoga Accessories Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Yoga Accessories Market Forecasts and Analysis - By Countries
9.1.5.1 United States Yoga Accessories Market
9.1.5.1.1 United States Yoga Accessories Market by Product Type
9.1.5.1.2 United States Yoga Accessories Market by Distribution Channel
9.1.5.2 Canada Yoga Accessories Market
9.1.5.2.1 Canada Yoga Accessories Market by Product Type
9.1.5.2.2 Canada Yoga Accessories Market by Distribution Channel
9.1.5.3 Mexico Yoga Accessories Market
9.1.5.3.1 Mexico Yoga Accessories Market by Product Type
9.1.5.3.2 Mexico Yoga Accessories Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Yoga Accessories Market Overview
9.2.2 Europe Yoga Accessories Market Forecasts and Analysis
9.2.3 Europe Yoga Accessories Market Forecasts and Analysis - By Product Type
9.2.4 Europe Yoga Accessories Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Yoga Accessories Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Yoga Accessories Market
9.2.5.1.1 Germany Yoga Accessories Market by Product Type
9.2.5.1.2 Germany Yoga Accessories Market by Distribution Channel
9.2.5.2 France Yoga Accessories Market
9.2.5.2.1 France Yoga Accessories Market by Product Type
9.2.5.2.2 France Yoga Accessories Market by Distribution Channel
9.2.5.3 Italy Yoga Accessories Market
9.2.5.3.1 Italy Yoga Accessories Market by Product Type
9.2.5.3.2 Italy Yoga Accessories Market by Distribution Channel
9.2.5.4 United Kingdom Yoga Accessories Market
9.2.5.4.1 United Kingdom Yoga Accessories Market by Product Type
9.2.5.4.2 United Kingdom Yoga Accessories Market by Distribution Channel
9.2.5.5 Russia Yoga Accessories Market
9.2.5.5.1 Russia Yoga Accessories Market by Product Type
9.2.5.5.2 Russia Yoga Accessories Market by Distribution Channel
9.2.5.6 Rest of Europe Yoga Accessories Market
9.2.5.6.1 Rest of Europe Yoga Accessories Market by Product Type
9.2.5.6.2 Rest of Europe Yoga Accessories Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Yoga Accessories Market Overview
9.3.2 Asia-Pacific Yoga Accessories Market Forecasts and Analysis
9.3.3 Asia-Pacific Yoga Accessories Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Yoga Accessories Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Yoga Accessories Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Yoga Accessories Market
9.3.5.1.1 Australia Yoga Accessories Market by Product Type
9.3.5.1.2 Australia Yoga Accessories Market by Distribution Channel
9.3.5.2 China Yoga Accessories Market
9.3.5.2.1 China Yoga Accessories Market by Product Type
9.3.5.2.2 China Yoga Accessories Market by Distribution Channel
9.3.5.3 India Yoga Accessories Market
9.3.5.3.1 India Yoga Accessories Market by Product Type
9.3.5.3.2 India Yoga Accessories Market by Distribution Channel
9.3.5.4 Japan Yoga Accessories Market
9.3.5.4.1 Japan Yoga Accessories Market by Product Type
9.3.5.4.2 Japan Yoga Accessories Market by Distribution Channel
9.3.5.5 South Korea Yoga Accessories Market
9.3.5.5.1 South Korea Yoga Accessories Market by Product Type
9.3.5.5.2 South Korea Yoga Accessories Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Yoga Accessories Market
9.3.5.6.1 Rest of Asia-Pacific Yoga Accessories Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Yoga Accessories Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Yoga Accessories Market Overview
9.4.2 Middle East and Africa Yoga Accessories Market Forecasts and Analysis
9.4.3 Middle East and Africa Yoga Accessories Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Yoga Accessories Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Yoga Accessories Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Yoga Accessories Market
9.4.5.1.1 South Africa Yoga Accessories Market by Product Type
9.4.5.1.2 South Africa Yoga Accessories Market by Distribution Channel
9.4.5.2 Saudi Arabia Yoga Accessories Market
9.4.5.2.1 Saudi Arabia Yoga Accessories Market by Product Type
9.4.5.2.2 Saudi Arabia Yoga Accessories Market by Distribution Channel
9.4.5.3 U.A.E Yoga Accessories Market
9.4.5.3.1 U.A.E Yoga Accessories Market by Product Type
9.4.5.3.2 U.A.E Yoga Accessories Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Yoga Accessories Market
9.4.5.4.1 Rest of Middle East and Africa Yoga Accessories Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Yoga Accessories Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Yoga Accessories Market Overview
9.5.2 South and Central America Yoga Accessories Market Forecasts and Analysis
9.5.3 South and Central America Yoga Accessories Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Yoga Accessories Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Yoga Accessories Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Yoga Accessories Market
9.5.5.1.1 Brazil Yoga Accessories Market by Product Type
9.5.5.1.2 Brazil Yoga Accessories Market by Distribution Channel
9.5.5.2 Argentina Yoga Accessories Market
9.5.5.2.1 Argentina Yoga Accessories Market by Product Type
9.5.5.2.2 Argentina Yoga Accessories Market by Distribution Channel
9.5.5.3 Rest of South and Central America Yoga Accessories Market
9.5.5.3.1 Rest of South and Central America Yoga Accessories Market by Product Type
9.5.5.3.2 Rest of South and Central America Yoga Accessories Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. YOGA ACCESSORIES MARKET, KEY COMPANY PROFILES
11.1. ADIDAS AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAREFOOT YOGA CO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HUGGER MUGGER
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JADEYOGA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LA VIE BOHEME YOGA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LIFORME
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LULULEMON ATHLETICA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MANDUKA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RYAN OVERSEAS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YOGADIRECT
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.adidas AG
2.Barefoot Yoga Co
3.Hugger Mugger
4.JadeYoga
5.La Vie Boheme Yoga
6.LIFORME
7.lululemon athletica
8.Manduka
9.Ryan Overseas
10.YogaDirect
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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