2020 Fitness & Yoga Wear Market Overview
According to a new report from Global Yoga Apparel Market Research & Consulting Services, Inc., a global research and consulting firm, the yoga apparel market is expected to experience a CAGR of 6% over the forecast period from 2020 to 2020. The global yoga apparel market is set to grow at a 4.5% B2B rate in 2020 and 5.0% in 2020. [Sources: 8, 9, 12]
It covers the expected growth scenarios for the years 2020 to 2026 and also includes an in-depth analysis of current and future trends in the yoga apparel market. It covers the emerging players and growth stories for each year considered, as well as the competitive landscape and key players in each region. The regional analysis for this market covers countries such as North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. [Sources: 4, 10, 11]
In this region, the North American yoga apparel market is expected to dominate the global yoga apparel market for the duration of the forecast period. The growth of the yoga apparel market in the US, Canada and Europe is expected to fuel demand for yoga apparel in these countries as well as in other regions such as Asia-Pacific and the Middle East and Africa during this forecast period. In addition, yoga apparel in Latin America is expected to see a huge increase in prices over the forecast period and is considered a key driver for the growth and development of this market over a period of time. [Sources: 3, 7, 13]
In the recent past, the Asia-Pacific market has held the largest share of the global yoga apparel market in terms of sales and is expected to continue to dominate in the forecast period. This is due to the presence of a large number of yoga practitioners in the region and the high demand for yoga clothing in this region. [Sources: 5, 7]
For global reach, the Fitness Yoga Wear study also classifies the market into segments in which an important market demographic has established itself due to its largest market share. The market for fitness yoga wear is divided into segments, Segments 1 and 2. Subsegment 1, which dominates the global fitness yoga wear market with USD XX million in 2019, is further divided into Segment 3, Segment 4 and Segment 5. [Sources: 2, 10]
This provides valuable insights into the global market, including key players in the yoga apparel market, including Shatki, Be present to shine, Shakti and Shatsha, who are the key players in the yoga apparel market with a market share of over 50% in 2019. [Sources: 1, 13]
This research will help identify and analyse market requirements, market size and competition using a range of analytical tools. This report provides an in-depth analysis of the global yoga apparel market. It provides carefully studied data and a comprehensive analysis of the size, market share and market share of each segment and region, as well as overall market growth. [Sources: 4, 9, 13]
The Fitness Yoga Wear Market Report also offers various important insights and important information about the Fitness Yoga Wear Market. The report provides an in-depth analysis of the global yoga apparel market by product and region. It also includes the market share of each product in the yoga apparel market, as well as the overall market growth. As a general market study, it also contains risks that should not be neglected when it comes to the fitness apparel industry. [Sources: 2, 11, 13]
The report also includes a detailed analysis of pandemics and their impact on the current situation and the future of the fitness industry. [Sources: 9]
The growing awareness of a healthy lifestyle and the need to maintain a balanced physical fitness should encourage the use of yoga and expand the market for clothing products. In addition, the increasing health awareness of professionals due to lifestyle changes and high workloads has led to people engaging in yoga activities, which has increased the introduction of fitness yoga clothing. The growing focus on health and fitness in the region is driving the growth of the yoga mat market, which is expected to be boosted during the evaluation period by the growth of the yoga mat market. [Sources: 1, 3, 7]
The global yoga apparel market is worth $31.3 billion and is expected to grow by 6%. The North American yoga apparel market is to be followed by Europe, Asia-Pacific, Latin America and the Middle East and Africa (MEA). [Sources: 0, 13]
The Global Sports Apparel market is expected to experience a CAGR of 4.11% over the forecast period from 2020 to 2025. [Sources: 6]
The market for fitness yoga wear has grown continuously in recent years and is expected to grow even further in the forecast period from 2020 to 2026. The yoga mat market is forecast to reach $2.5 billion by 2020, up from $1.2 billion in 2017, with a CAGR of 4.1%. X was valued at USD XX XX xx billion in the 2017 global fitness yoga wear market and is expected to be valued at approximately USD xx million in 2019 and grow at an annual rate of 5.0% over this period (2016-2027). The Global Fitness Yoga Wear Market The yoga apparel market for fitness yoga is growing at an average annual pace of 3.9% in 2015-2018 and the yoga apparel market is expected to experience constant growth of 6.4% over the next five years (2017-2020). [Sources: 3, 4, 7, 9]
Sources:
[0]: https://www.wellnesscreatives.com/yoga-industry-trends/
[1]: https://www.verifiedmarketresearch.com/product/women-yoga-clothing-market/
[2]: https://www.marketwatch.com/press-release/impact-of-covid-19-on-fitness-and-yoga-wear-industry-2021-market-challenges-business-overview-and-forecast-research-study-2026-2021-05-06
[3]: https://icrowdnewswire.com/2020/10/06/fitness-and-yoga-wear-market-to-see-promising-growth-ahead-nike-inc-adidas-ag-under-armour-inc/
[4]: https://ipsnews.net/business/2020/06/27/fitness-and-yoga-wear-market-outlook-2020-the-year-on-a-positive-note-nike-adidas-under-armour/
[5]: https://www.fractovia.org/news/worldwide-fitness-yoga-wear-market-study-for-2020-to-2025-providing-information-on-key-players-growth-drivers-and-industry-challenges/33793
[6]: https://www.mordorintelligence.com/industry-reports/global-sports-apparel-market-industry
[7]: https://www.marketresearchfuture.com/reports/yoga-mat-market-8490
[8]: https://www.businesswire.com/news/home/20200824005469/en/COVID-19-Pandemic-Impact-on-Global-Yoga-Apparel-Market-2020-2024-Technavio
[9]: https://jumbonews.co.uk/news/3223059/global-fitness-and-yoga-wear-market-size-study-by-product-type-organic-cotton-recycled-materials-and-others-by-end-use-professional-athletic-and-amateur-sport-and-regional-forecasts-2020-2026/
[10]: https://www.datalibraryresearch.com/reports/fitness-yoga-wear-market-398
[11]: https://clarkcountyblog.com/uncategorized/101472/global-fitness-yoga-wear-market-to-observe-exponential-growth-by-2020-2026-global-marketers/
[12]: https://www.yahoo.com/now/covid-19-pandemic-impact-global-043000953.html
[13]: https://apnews.com/5c47676a827a8bc0f5562f77c2df4e42
