Industry Outlook and Trend Analysis
The global Yoga and Exercise Mats market has encountered significant development over the years and is foreseen to grow tremendously over the forecast period. Yoga and exercise mats are manufactured mats that are used for exercises and yoga. Yoga and exercise mats are gaining significance as of late because of increasing trend of routine with regards to exercise among people. Practicing yoga and exercising everyday are critical in maintaining balance in the body and also helps in the advancement of body flexibility and strength. Physical exercises not just enhance the health but also enhance the psychological dependability by decreasing depression, tension, and anxiety. The growing awareness towards being healthy and aversion of medical problems, for example, elevated cholesterol, diabetes, and obesity are prompting interest towards regular yoga and exercise among the populace thereby, boosting the development rate of the worldwide yoga and exercise mats market. Leading players of yoga and exercise mats focus on advancement and usage of manageable raw materials which are made of natural cotton, jute, and rubber.
Product Outlook and Trend Analysis
In 2016, the exercise mats section commanded the market and is anticipated to continue its dominance over the forecast period. This fragment incorporates distinctive sorts of mats, for example, pilates mats, general wellness tangles, and gym mats. A vast number of establishments use exercise mats widely because of the expanding number of health clubs and fitness centers, which, thus, will increase the sales of exercise mats in the coming years. The mono-brand stores represented most of the sales of yoga and exercise mats in 2016 and are anticipate continuing its dominance over the forecast period.
Distribution Channel Outlook
The mono-brand stores represented most of the sales of yoga and exercise mats in 2016 and are anticipate to continuing dominating he market over the forecast period. In addition to the superior look and feel of these stores, the accessibility of an extensive variety of products that are fabricated under a similar brand will likewise drive the more shoppers towards these stores, which thusly, will drive the development of the market in this fragment.
Regional Outlook and Trend Analysis
The yoga and exercise mats market in North America including U.S. Canada is foreseen to catch a substantial piece of the yoga and exercise mats piece of the overall industry in 2016 because of the rising number of health and other fitness clubs. Expanded awareness towards staying healthy is creating a positive effect upon the North America yoga and exercise mats market. The yoga and exercise mat market of North America is trailed by Europe in 2016. On the other side, the yoga and exercise mat market of Asia Pacific locale is foreseen to witness the most encouraging interest of yoga and exercise mats amid the conjecture time frame.
The leading players in the market are Gaia Inc, TriMax Sports Inc, Nike, Manduka, Merrithew Corporation, Boheme Yoga, JadeYoga, Body-Solid and Yoga Direct. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Yoga and Exercise Mats market is segmented as follows-
By Distribution Channel:
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?