Yoga Clothing Market Expected to Reach $ 70.29 Billion Globally by 2030 at 7.8% CAGR: Allied Market Research
PORTLAND, Ore., November 16, 2021 / PRNewswire / – Allied Market Research published a report titled, “Yoga Clothing Market By Product Type (Top & Bottom Clothing), End User (Men & Women) and Distribution Channel (Supermarkets / Hypermarkets, Specialty Stores, E-Commerce & Others): Global Opportunity Analysis and Industry Forecast 2021-2030 “. According to the report, the global yoga clothing industry has generated $ 33.68 billion in 2020, and should generate $ 70.29 billion by 2030, with a CAGR of 7.8% from 2021 to 2030.
Main determinants of growth
Increasing demand from emerging markets, increasing prevalence of obesity, and increasing government initiatives to promote yoga are driving the growth of the global yoga clothing market. However, the increase in the number of yoga accidents is hampering the growth of the market. On the other hand, the promotion of yoga for male practitioners presents new opportunities in the years to come.
Request a sample report at: https://www.alliedmarketresearch.com/request-sample/14563
- The outbreak of the Covid-19 pandemic has had a positive impact on the global yoga clothing market.
- People became health conscious and started taking online yoga classes during the pandemic, which drastically boosted the demand for yoga clothing.
Bottom wear segment to maintain its leadership status throughout the forecast period
On the basis of product type, the bottom clothing segment held the highest market share in 2020, accounting for more than half of the global yoga clothing market, and is expected to maintain its leading status throughout the year. forecast period. This is due to the increase in the number of yoga studios and health and fitness clubs around the world. Additionally, the same segment is expected to have the highest CAGR of 8.1% from 2021 to 2030. The report also mentions the highest wear segment.
The female segment will maintain its leading position during the forecast period
On the basis of end user, the female segment accounted for the largest share in 2020, contributing more than three fifths of the global yoga clothing market, and is expected to maintain its leading position during the forecast period. This is due to the increased participation of women in yoga. However, the male segment is expected to account for the largest CAGR of 8.3% from 2021 to 2030, due to the increasing prevalence of obesity among men across the world.
For any purchase inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/14563
North America maintain its dominance by 2030
Depending on the region, North America held the highest market share in terms of revenue in 2020, accounting for over a third of the global yoga clothing market. This is due to the increase in health awareness and fitness concerns among consumers of North America. In addition, the Asia Pacific The region is expected to experience the fastest CAGR of 8.8% from 2021 to 2030. The rise in popularity of yoga has led to many hybrid forms of yoga such as naked, hot, mighty, goddess, dog or even snowga yoga. (yoga in the snow). tailored to the needs of participants. This has drastically boosted the demand for yoga clothing thus fueling the growth of the market. Other regions discussed in the report include Europe and LAMEA.
Main market players: –
- Under Armor, Inc.
- Lululemon Athletica
- Hug Aggressor
- Aurorae Yoga, LLC
Avenue Library Subscription | Request a 14-day free trial before purchasing: https://www.alliedmarketresearch.com/avenueTrial
Get more information: https://www.alliedmarketresearch.com/library-access
Golf Apparel Market Opportunity Analysis and Industry Forecast, 2021-2030
Tracksuits Market Opportunity Analysis and Industry Forecast, 2021-2030
Football Sportswear Market Opportunity Analysis and Industry Forecast 2021-2027
Fantasy Sports Market Opportunity Analysis and Industry Forecast, 2021-2027
Sports and Fitness Apparel Market Opportunity Analysis and Industry Forecast, 2021-2028
India Luxury Clothing Market Opportunity Analysis and Industry Forecast, 2018-2025
Apparel Market Opportunity Analysis and Industry Forecast, 2020-2027
Reflective Sportswear Market Opportunities Analysis and Industry Forecast, 2020-2027
Allied Market Research (AMR) is a full-service market research and business consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global businesses as well as medium and small businesses with unmatched quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business information and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Electricity, semiconductors and electronics, automotive and transportation, ICT and media, aerospace and defense and BFSI.
We have professional relationships with various companies, which helps us extract market data which helps us generate accurate research data tables and confirm the highest accuracy in our market forecast. Each of the data presented in the reports we publish is taken from primary interviews with senior officials of the main companies in the field concerned. Our secondary data sourcing methodology includes in-depth online and offline research and discussions with industry-savvy professionals and analysts.
5933 NE Win Sivers Drive
# 205, Portland, OR 97220
UK: + 44-845-528-1300
Hong Kong: + 852-301-84916
India (Pune): + 91-20-66346060
Fax: + 1-855-550-5975
The Web: https://www.alliedmarketresearch.com
Follow us on: LinkedIn Twitter
SOURCE Allied market research