Latest News- Yoga Accessories Market: Yoga mats is expected to lead the Product segment during 2025-2029

The Yoga Accessories Market is being driven by Product premiumization due to more innovation in yoga accessories

The Yoga Accessories Market is expected to grow at a CAGR of 7.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7316.6 million. The burgeoning health and fitness industry is fueling the demand for yoga accessories, with these items playing a pivotal role in health and fitness clubs. Yoga-related products, including accessories, are essential for various applications, such as weight training, flexibility enhancement, and diverse fitness exercises. The increasing prioritization of health and wellness is leading to the expansion of health and fitness club brands, with the number of establishments projected to increase significantly during the forecast period. Notable brands in this sector include Planet Fitness, YMCA of the USA, Lifetime Fitness, Anytime Fitness, and ClubCorp. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Yoga mats
  • Yoga straps
  • Yoga blocks
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Product premiumization due to more innovation in yoga accessories
• Growing number of yoga practitioners
• Wellness initiatives of government and corporate agencies

However, the market also witnesses some limitations, which are as follows:

• Fluctuating raw material prices
• Intense Competition and Low Replacement Cycle
• Infrequent purchases and growing popularity of outdoor sports

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Market Scope in Yoga Accessories Market Research Report

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Research Analysis Overview

The Yoga accessories market is thriving due to the increasing health consciousness and popularity of yoga as a healthy lifestyle activity. Beginners and practitioners alike seek essential items for optimal performance during yoga poses. Products cater to various needs, including those with physical disabilities, injuries, and seasonal demand. Product innovation, celebrity endorsements, personalization, and low-cost alternatives drive growth in this market. E-commerce platforms expand accessibility, offering components such as mats made of grass or mud for unique experiences. Yoga enhances health benefits for yoga enthusiasts by addressing illnesses like blood sugar imbalances and bodily fluid regulation in healthcare and fitness.

Market Research Overview

The Yoga accessories market is a significant segment of the larger global textiles, apparel, and luxury goods market. This market encompasses businesses involved in the production and distribution of yoga props, catering to both beginner and advanced yoga practitioners, as well as those with physical disabilities. Key growth drivers for this market include the increasing health consciousness trend and the expanding population of yoga enthusiasts. Technavio projects that the global textiles, apparel, and luxury goods market, which includes the Yoga accessories segment, will experience substantial expansion due to the growing working women population and the subsequent rise in disposable income, leading to increased spending on wellness products such as yoga accessories.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/