Yoga Accessories Market Forecast Report 2021: USD 4.98 Billion Market Growth Opportunity by 2025|Technavio

The yoga accessories market offers a comprehensive analysis by Product (yoga mats, yoga straps, yoga blocks, and others), Distribution Channel (offline and online), and Geography (North America, Europe, APAC, South America, and MEA)

NEW YORK, June 10, 2022 /PRNewswire/ — The yoga accessories market size is expected to grow by USD 4.98 billion, progressing a CAGR of  6.15% from 2020 to 2025, according to Technavio’s latest market report. Growing enrolment in fitness and health clubs is a major trend supporting the yoga accessories market growth in the forecast period. Health and fitness clubs’ memberships have witnessed a steady increase over the past decade. Owning to the increasing demand for fitness activities. These clubs are coming up with exclusive packages to attract customers and providing them with yearly or monthly packages with discounts. The number of health clubs in the US increased by more than 18% between 2012 and 2020. This rise in the number of memberships in health and fitness clubs has resulted in a rise in the demand for yoga products, including yoga accessories. Moreover, customers usually prefer health and fitness clubs as these provide proper trainers to help them exercise. Furthermore, the growing number of memberships in fitness and health clubs is driving the demand for yoga accessories. Therefore, the growing focus of people on health and fitness is triggering the growth of health and fitness clubs’ brands.

Yoga Accessories Market: Major Growth Drivers

The yoga accessories market report the following factors as major growth drivers during the forecast period:

  • Product premiumization due to more innovation in yoga accessories
  • The growing number of yoga practitioners
  • Wellness initiatives of the government and corporate agencies

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Yoga Accessories Market: Vendor Analysis

 The yoga accessories market is fragmented and the vendors are deploying growth strategies such as portfolio expansion and product innovation to compete in the market.  The yoga accessories market report also offers information on several market vendors, including adidas AG, Barefoot Yoga Co., Hugger Mugger Yoga Products LLC Inc., JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon Athletica Inc., Manduka LLC, Sequential Brands Group Inc., and Yoga Direct LLC among others.

  • adidas AG – The company offers yoga accessories such as ADIDAS by STELLA MCCARTNEY yoga mat, ADIDAS by STELLA MCCARTNEY Training mat, and others.
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Yoga Accessories Market: Revenue Generating Segment

  •  The yoga mats segment will be significant for revenue generation for the yoga accessories market.
  • .Yoga mats are specially fabricated to prevent the slippage of feet and hands while performing yoga exercises. These mats also help in keeping the body warm, and the energy generated is retained within the body rather than getting passed on to the floor. The market for yoga mats is expected to grow steadily during the forecast period.

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The competitive scenario provided in the Yoga Accessories Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Yoga Accessories Market Forecast Report –  Buy Now!

Reasons to Buy Yoga Accessories Market Report:

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist yoga accessories market growth during the next five years
  • Estimation of the yoga accessories market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the yoga accessories market across North America, Europe, APAC, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of yoga accessories market vendors

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  • The outdoor gym equipment market share is expected to increase by USD 687.37 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.13%. Download a sample now!
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Yoga Accessories Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.15%

Market growth 2021-2025

USD 4.98 billion

Market structure

Fragmented

YoY growth (%)

5.31

Performing market contribution

North America at 34%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, Barefoot Yoga Co., Hugger Mugger Yoga Products LLC Inc. , JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon athletica Inc., Manduka LLC, Sequential Brands Group Inc., and Yoga Direct LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Global leisure products market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product – Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Yoga mats – Market size and forecast 2020-2025
    • Exhibit 17: Yoga mats – Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Yoga mats – Year-over-year growth 2020-2025 (%)
  • 5.4 Yoga straps – Market size and forecast 2020-2025
    • Exhibit 19: Yoga straps – Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Yoga straps – Year-over-year growth 2020-2025 (%)
  • 5.5 Yoga blocks – Market size and forecast 2020-2025
    • Exhibit 21: Yoga blocks – Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Yoga blocks – Year-over-year growth 2020-2025 (%)
  • 5.6 Others – Market size and forecast 2020-2025
    • Exhibit 23: Others – Market size and forecast 2020-2025 ($ million)
    • Exhibit 24: Others – Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by Product
    • Exhibit 25: Market opportunity by Product

6 Market Segmentation by Distribution channel

  • 6.1 Market segments
    • Exhibit 26: Distribution channel – Market share 2020-2025 (%)
  • 6.2 Comparison by Distribution channel
    • Exhibit 27: Comparison by Distribution channel
  • 6.3 Offline – Market size and forecast 2020-2025
    • Exhibit 28: Offline – Market size and forecast 2020-2025 ($ million)
    • Exhibit 29: Offline – Year-over-year growth 2020-2025 (%)
  • 6.4 Online – Market size and forecast 2020-2025
    • Exhibit 30: Online – Market size and forecast 2020-2025 ($ million)
    • Exhibit 31: Online – Year-over-year growth 2020-2025 (%)
  • 6.5 Market opportunity by Distribution channel
    • Exhibit 32: Market opportunity by Distribution channel

7 Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 34: Market share by geography 2020-2025 (%)
  • 8.2 Geographic comparison
    • Exhibit 35: Geographic comparison
  • 8.3 North America – Market size and forecast 2020-2025
    • Exhibit 36: North America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 37: North America – Year-over-year growth 2020-2025 (%)
  • 8.4 Europe – Market size and forecast 2020-2025
    • Exhibit 38: Europe – Market size and forecast 2020-2025 ($ million)
    • Exhibit 39: Europe – Year-over-year growth 2020-2025 (%)
  • 8.5 APAC – Market size and forecast 2020-2025
    • Exhibit 40: APAC – Market size and forecast 2020-2025 ($ million)
    • Exhibit 41: APAC – Year-over-year growth 2020-2025 (%)
  • 8.6 South America – Market size and forecast 2020-2025
    • Exhibit 42: South America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 43: South America – Year-over-year growth 2020-2025 (%)
  • 8.7 MEA – Market size and forecast 2020-2025
    • Exhibit 44: MEA – Market size and forecast 2020-2025 ($ million)
    • Exhibit 45: MEA – Year-over-year growth 2020-2025 (%)
  • 8.8 Key leading countries
    • Exhibit 46: Key leading countries
  • 8.9 Market opportunity by geography
    • Exhibit 47: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
    • Exhibit 48: Impact of drivers and challenges
  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 49: Vendor landscape
  • 10.3 Landscape disruption
    • Exhibit 50: Landscape disruption
    • Exhibit 51: Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 52: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 53: Market positioning of vendors
  • 11.3 adidas AG
    • Exhibit 54: adidas AG – Overview
    • Exhibit 55: adidas AG – Business segments
    • Exhibit 56: adidas AG – Key offerings
    • Exhibit 57: adidas AG – Segment focus
  • 11.4 Barefoot Yoga Co.
    • Exhibit 58: Barefoot Yoga Co. – Overview
    • Exhibit 59: Barefoot Yoga Co. – Product and service
    • Exhibit 60: Barefoot Yoga Co. – Key offerings
  • 11.5 Hugger Mugger Yoga Products LLC Inc.
    • Exhibit 61: Hugger Mugger Yoga Products LLC Inc.  – Overview
    • Exhibit 62: Hugger Mugger Yoga Products LLC Inc.  – Product and service
    • Exhibit 63: Hugger Mugger Yoga Products LLC Inc.  – Key offerings
  • 11.6 JadeYoga
    • Exhibit 64: JadeYoga – Overview
    • Exhibit 65: JadeYoga – Product and service
    • Exhibit 66: JadeYoga – Key offerings
  • 11.7 La Vie Boheme Yoga
    • Exhibit 67: La Vie Boheme Yoga – Overview
    • Exhibit 68: La Vie Boheme Yoga – Product and service
    • Exhibit 69: La Vie Boheme Yoga – Key offerings
  • 11.8 Liforme Ltd.
    • Exhibit 70: Liforme Ltd. – Overview
    • Exhibit 71: Liforme Ltd. – Product and service
    • Exhibit 72: Liforme Ltd. – Key offerings
  • 11.9 lululemon athletica Inc.
    • Exhibit 73: lululemon athletica Inc. – Overview
    • Exhibit 74: lululemon athletica Inc. – Business segments
    • Exhibit 75: lululemon athletica Inc. – Key news
    • Exhibit 76: lululemon athletica Inc. – Key offerings
    • Exhibit 77: lululemon athletica Inc. – Segment focus
  • 11.10 Manduka LLC
    • Exhibit 78: Manduka LLC – Overview
    • Exhibit 79: Manduka LLC – Product and service
    • Exhibit 80: Manduka LLC – Key offerings
  • 11.11 Sequential Brands Group Inc.
    • Exhibit 81: Sequential Brands Group Inc. – Overview
    • Exhibit 82: Sequential Brands Group Inc. – Business segments
    • Exhibit 83: Sequential Brands Group Inc. – Key news
    • Exhibit 84: Sequential Brands Group Inc. – Key offerings
  • 11.12 Yoga Direct LLC
    • Exhibit 85: Yoga Direct LLC – Overview
    • Exhibit 86: Yoga Direct LLC – Product and service
    • Exhibit 87: Yoga Direct LLC – Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Currency conversion rates for US$
    • Exhibit 88: Currency conversion rates for US$
  • 12.3 Research methodology
    • Exhibit 89: Research Methodology
    • Exhibit 90: Validation techniques employed for market sizing
    • Exhibit 91: Information sources
  • 12.4 List of abbreviations
    • Exhibit 92: List of abbreviations

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