Yoga Clothing Market Growth Statistics:
From 2022 through 2029, the MMR research Global Yoga Clothing Market explores the market in full. According to a detailed assessment of the commercial effects of the coronavirus outbreak and the resulting economic crisis, The Yoga Clothing Market was valued at US$ 24.59 Bn. in 2022. Yoga Clothing Market size is expected to grow at a CAGR of 8.3% through the forecast period.
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Yoga Clothing Market Size :
The research report on the global Yoga Clothing Market includes significant data and analytical insights with the goal of providing a thorough understanding of various aspects including market size, market share, growth trends, demand, top players, industry profiles, opportunities, value cycle, end-users, types, and applications. The research also examines prospective investment prospects in micro markets and offers a thorough analysis of the competitive landscape, including the product offerings of important rivals.
The Yoga Clothing market study assists decision-makers in identifying market segments, geographic areas, and other elements that are anticipated to see faster growth rates, as well as key areas of opportunity, by presenting both qualitative and quantitative data. Making wise choices about market strategies and investments requires access to this information.
Leading Market Players: –
1. Adidas AG2. Alo Yoga3. Athleta Inc4. Hanesbrands Inc5. Lululemon Athleta6. Nike Inc7. Puma SE8. Ralph Lauren Corp9. Under Armour10.Outdoor Voices11.Acics Corp12.Aurorae Yoga LLC13.Hugger Mugger14.Manduka15.Prana16.Green Apple Active17.Be Present18.Mika Yoga Wear
These important companies in the international Yoga Clothing Market industry are thoroughly examined in the report. To grow their market share and maintain dominating positions in various geographies, these businesses have implemented a variety of strategies, including new product releases, collaborations, expansion, joint ventures, agreements, and others. The study is significant in that it highlights company performance, operating segments, product portfolio, and strategic actions made by market participants to illustrate the competitive environment.
What is Yoga Clothing Market Segmentation:
Global Yoga Clothing Market Size, by Type (2022-2029)
• Bottom Wear
• Top Wear
Based on Product Type, the market was dominated by the Bottom Wear category in 2022 with 53.7%. This is because there are more yoga studios and health & fitness centres throughout the world, and they are promoting their services more. More people are doing yoga, which is projected to drive the market ahead. For a huge percentage of yoga practitioners worldwide, bottoms are a need.
Young people’s preference for bottom wear is a crucial component in the segment’s expansion. It is anticipated that the top wear category will grow at a strong rate. Compared to other clothing, tops are more comfy. One of the main factors driving product demand is the rise in popularity of top-wear over ordinary apparel.
Global Yoga Clothing Market Size, by Distribution Channel (2022-2029)
• Specialty Stores
Global Yoga Clothing Market Size, by End User (2022-2029)
According to End Users, women made up 60.9% of the whole market. Women are practising more yoga as they become more conscious of their bodies’ aesthetics. Female celebrities who practise yoga and have sponsored and promoted it internationally include Kim Kardashian, Demi Moore, Madonna, Shilpa Shetty, Kareena Kapoor, and Bipasha Basu. Women frequently work out to regulate their menstrual cycle and treat menstruation diseases. Brands are developing more enticing items to draw in female customers. In the upcoming years, female sector growth is anticipated to be boosted by manufacturers’ increasing attention on creating yoga attire for female clients. The male market is expanding strongly as major market players increasingly launch menswear lines.
- North America: This region dominated the market with a 41.6% share in 2022. Rising awareness of health and fitness, along with increased spending on fitness gear, is driving market growth.
- Asia Pacific: The region is expected to witness significant growth, driven by a growing number of brands catering to specific customer needs and a large population of yoga practitioners, especially in countries like India.
- Europe: The European market is expected to maintain a considerable share due to a high number of Europeans participating in physical activities, driven by health consciousness and strong spending power.
Key Questions answered in the Yoga Clothing Market Report are:
- What factors are affecting the Yoga Clothing market growth?
- Who are the key players of the Yoga Clothing market?
- Which company held the largest share in the Yoga Clothing market?
- What will be the CAGR of the Yoga Clothing market during the forecast period?
- What key trends are likely to emerge in the Yoga Clothing market in the coming years?
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