The Enterprise Analysis Firm’s Yoga Mat World Market Report 2021: COVID-19 Development And Change
LONDON, GREATER LONDON, UK, June 1, 2021 /EINPresswire.com/ — The launch of eco-friendly merchandise is a key development within the yoga mat market. Main firms are specializing in manufacturing eco-friendly mats to draw extra prospects and survive within the aggressive enterprise atmosphere. As an example, in August 2020, Natural Apoteke, a UK-based firm launched an eco-travel yoga mat. The eco-travel yoga mat is biodegradable, odor-resistant, and antimicrobial. It has a moist grip floor which helps to keep up steadiness whereas practising yoga.
Different yoga mat market traits embrace mergers and acquisitions. In December 2020, Thrasio, a USA-based shopper merchandise firm introduced the acquisition of Maximo Health for $200 million. Maximo Health is a UK-based firm that’s into manufacturing, designing, and supplying health club and life-style merchandise together with train mat/yoga mats. With the acquisition of Maximo Health, Thrasio plans to develop the patron merchandise portfolio of the corporate within the UK.
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The global yoga mat market size is predicted to develop from $9.97 billion in 2020 to $10.76 billion in 2021 at a compound annual development charge (CAGR) of seven.9%. The expansion is especially as a result of growing well being consciousness amongst customers and the rising prevalence of life-style ailments and weight problems. The yoga mat market is predicted to achieve $13.49 billion in 2025 at a CAGR of 5.8%.
Main gamers within the yoga mat business are Jade Yoga, Manduka LLC, Hugger Mugger Yoga Merchandise, Liforme Ltd, Barefoot Yoga Co, Fabrication Enterprises Inc., Accent Arcade, Ningbo Mylon Rubber & Plastic Co Ltd, Winboss Worldwide Co Ltd, Xiamen Sanfan Sports activities Merchandise Co Ltd, and Hefei Bodyup Sports activities Co Ltd.
Asia Pacific was the biggest area within the yoga mat market in 2020. The areas coated within the yoga mat market report are Asia-Pacific, Western Europe, Jap Europe, North America, South America, Center East and Africa.
The worldwide yoga mat market is segmented by materials into pure rubber, polyvinyl chloride, polyurethane, thermoplastic elastomer, others, by distribution channel into e- commerce, grocery store and hypermarket, specialty retailer, and by finish person into yoga & health golf equipment, family, others.
Yoga Mat Global Market Report 2021: COVID-19 Development And Change is one in all a collection of recent experiences from The Enterprise Analysis Firm that gives yoga mat world market overview, forecast yoga mat market dimension and development for the entire market, yoga mat world market segments, and geographies, yoga mat world market traits, yoga mat market drivers, restraints, main opponents’ revenues, profiles, and market shares.
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