Yoga Balls Market Trends, Opportunities, and Forecast by 2031

MARKET OVERVIEW

A yoga ball or exercise ball is a ball constructed of soft elastic, typically in 5 diameters of 10-centimeter increments, from 35 centimeters to 85 centimeters, and filled with air. The air pressure is changed by removing a valve stem and either filling with air or letting the ball deflate. Also known as a stability ball or exercise ball, a yoga ball is often used during exercise routines to help expand range of motion and improve balance. But with a growing number of people sitting while they work, the exercise ball has moved from the gym to the office.

MARKET SCOPE

The "Global Yoga Balls Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the yoga balls market with detailed market segmentation by distribution channel, and geography. The report provides key statistics on the market status of the leading yoga balls market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on distribution channel, the global yoga balls market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
  

MARKET DYNAMICS

Drivers:

•   Increasing disposable income.
  
•   Increase in the number of pople preferring exercise.
  

Restraints:

•   Players can develop irritant contact dermatitis, which is caused by sweating and friction.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The yoga balls market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the yoga balls market in these regions.

IMPACT OF COVID-19 ON YOGA BALLS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, because of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the yoga balls market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from yoga balls market are anticipated to witness lucrative growth opportunities in the future with the rising demand for yoga balls in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the yoga balls market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Fitball
  
•   Gaiam
  
•   Wacces
  
•   Valor Fitness
  
•   Sivan Heath and Fitness
  
•   Isokinetics
  
•   Blcak Mountain
  
•   Razor
  
•   Velocity
  
•   KooGA
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Yoga Balls Report Scope