What is Yoga Accessories?
Growing public concern about health and fitness, as a result of rising health issues such as obesity and others, has resulted in increased adoption of Yoga. Yoga's growing popularity is fueling global demand for yoga accessories such as yoga mats, yoga straps, yoga clothes, and yoga bricks. To avoid negative environmental impacts, manufacturers are switching to recyclable raw materials and biodegradable products for the development of these accessories. Natural rubber, jute, and cotton are preferred over polyurethane, nylon, leather, and synthetic rubber for long-lasting and environmentally friendly yoga mats. Because of growing awareness about the negative effects of using polyurethane, nylon, leather, and synthetic rubber products, an increasing number of people are opting for eco-friendly products. Lower emissions produced during the manufacturing of eco-friendly, sustainable mats encourage consumers to adopt such products, creating a conducive environment for growth of yoga mats as well as other yoga accessories.
|Unit||Value (USD Million)|
|Key Companies Profiled||Manduka LLC (United States), Lululemon Athletica Inc. (United States)Adidas AG (Germany), NIKE Inc. (United States), Hanesbrands Inc. (United States), Barefoot Yoga Co. (United States), La Vie Boheme Yoga (United States), Body-Solid Inc. (United States), NOLI YOGA (United States), Jade Yoga (United States) and Beyond Yoga (United States)|
The market study is broken down by Type (Mats, Straps, Blocks, Bolsters, Clothes (Pants, Shorts, Tops, Socks) and Others), by Application (Homes, Yoga Studios, Gyms and Community/Wellness Centres) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Yoga Accessories market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Manduka LLC (United States), Lululemon Athletica Inc. (United States)Adidas AG (Germany), NIKE Inc. (United States), Hanesbrands Inc. (United States), Barefoot Yoga Co. (United States), La Vie Boheme Yoga (United States), Body-Solid Inc. (United States), NOLI YOGA (United States), Jade Yoga (United States) and Beyond Yoga (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Onzie, Inc. (United States) and teeki, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Yoga Accessories market by Type, Application and Region.
On the basis of geography, the market of Yoga Accessories has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Yoga Accessories market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 30 Jun 2020, Lululemon Athletica has announced that it has entered into a definitive agreement to acquire Mirror, an in-home fitness startup that sells a wall-mounted device that streams live and pre-recorded classes.
- Increasing Online Sales Channel
- The Increasing Popularity Of Customized Yoga Apparel
- Surging Yoga Activities Across The World
- The Growing Health Conscious Population Worldwide
- The Rapid Increase In Yoga Institutes And Classes In Both Developing And Developed Nations
- Fluctuated Price Of Raw Material
- High Competition Between Local Manufacturers
Key Target AudienceYoga Accessories Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Manduka LLC (United States), Lululemon Athletica Inc. (United States)Adidas AG (Germany), NIKE Inc. (United States), Hanesbrands Inc. (United States), Barefoot Yoga Co. (United States), La Vie Boheme Yoga (United States), Body-Solid Inc. (United States), NOLI YOGA (United States), Jade Yoga (United States) and Beyond Yoga (United States) etc.
2. Can we have customized study for Yoga Accessories Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Yoga Accessories Market by 2027?
Analysts at AMA estimates Yoga Accessories Market to reach USD Million by 2027.