Yoga Clothing Market Overview
The growing popularity of yoga is driving the growth of the yoga clothing market. Obesity prevalence is on the rise, particularly in urban areas. According to the World Health Organization, the number of obese people has increased dramatically over the world. Obesity is linked to a variety of health issues and ailments, including cardiovascular disease, diabetes, and hypertension. As a result, the demand for yoga clothes has risen significantly due to an increase in the number of people practicing yoga and growth in fitness awareness. This key factor is expected to boost the growth of the Yoga Clothing Market.
Furthermore, the growing number of yoga classes and health & fitness clubs around the world, as well as their marketing activities, has increased the number of yoga practitioners, which is predicted to propel the global yoga clothing market forward. The yoga clothes market is expected to develop because of an increase in R&D expenditure to improve the features, usability, efficacy, and comfort of yoga mats. Yoga also reduces stress by encouraging controlled breathing and mental focus. This leads to a better sleep cycle, which aids in the prevention of mood swings, depression, and other diseases. As a result of these features, customers are more likely to participate in yoga sessions, which is a major driver of the global yoga clothing market.
On the other hand, the yoga clothing market is being challenged by an increase in the number of accidents that occur while practicing yoga.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Product Type, End User, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Nike, Puma, Asics, Under Armour, Inc., Adidas, Lululemon Athletica, Manduka, Prana, Hugger, Mugger, Aurorae Yoga, LLC. |
Covid-19 Impact on Yoga Clothing Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Yoga Clothing Market Segment Overview
According to Product Type, the Bottom Wear segment dominated the global yoga clothing market in 2020. This is mostly due to an increase in the number of yoga classes and health & fitness clubs around the world, as well as their promotional activities, which has resulted in an increase in the number of yoga practitioners, which is predicted to move the global market forward. Based on the end-user, the women segment is a major segment in the global market. Women's participation in yoga is increasing due to an increased awareness of body aesthetics among women. Additionally, female celebrities practice yoga and have sponsored and promoted it internationally. This crucial fact supports to the development of the market to a large extend.
Yoga Clothing Market, By Product Type
· Top Wear
· Bottom Wear
Yoga Clothing Market, By End User
· Men
· Women
Yoga Clothing Market, By Distribution Channel
· Supermarkets/Hypermarkets
· Specialty Stores
· E-Commerce
· Others
Yoga Clothing Market Regional Overview
Geographically, North America is anticipated to dominate the global Yoga Clothing Market. Also, it is projected to increase rapidly as compared to the other regions. In addition to this, the US is projected to hold the maximum market share in North America in the forecast period. Factors such as the growing popularity of yoga to maintain a healthy body and increasing awareness about the benefits of yoga across the region are contributing significantly towards the growth of the market in this region. Furthermore, Asia Pacific is one of the most prominent regions for the Yoga Clothing Market. Yoga became one of the most essential retinues facts among the population in this region because Yoga helps to avoid various diseases and maintain good health. Additionally, Europe, South America, and Middle East & Africa are projected to contribute to the yoga Clothing Market during the forecasted period.
Yoga Clothing Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Yoga Clothing Market, Key Players
· Nike
· Puma
· Asics
· Under Armour, Inc.
· Adidas
· Lululemon Athletica
· Manduka
· Prana
· Hugger Mugger
· Aurorae Yoga, LLC.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Yoga Clothing market?
The growing number of yoga classes and health & fitness clubs around the world, as well as their marketing activities, has resulted in an increase in the number of yoga practitioners, which is predicted to propel the global yoga clothing market forward
Q2. What are the restraining factors for the global Yoga Clothing market?
The yoga clothing market is being challenged by an increase in the number of accidents that occur while practicing yoga.
Q3. Which segment is projected to hold the largest share in the global Yoga Clothing market?
Women segment is projected to hold the largest share in the global Yoga Clothing market.
Q4. Which region holds the largest share in the global Yoga Clothing market?
North America held the largest share in the global Yoga Clothing market.
Q5. Which are the prominent players in the global Yoga Clothing market?
Nike, Puma, Asics, Under Armour, Inc., Adidas, Lululemon Athletica, Manduka, Prana, Hugger, Mugger, Aurorae Yoga, LLC. are some key players in the global Yoga Clothing market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Yoga Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Top Wear
- 5.2.2. Bottom Wear
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Men
- 5.3.2. Women
- 5.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.4.1. Supermarkets/Hypermarkets
- 5.4.2. Specialty Stores
- 5.4.3. E-Commerce
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Yoga Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Top Wear
- 6.2.2. Bottom Wear
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Men
- 6.3.2. Women
- 6.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.4.1. Supermarkets/Hypermarkets
- 6.4.2. Specialty Stores
- 6.4.3. E-Commerce
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Yoga Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Top Wear
- 7.2.2. Bottom Wear
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Men
- 7.3.2. Women
- 7.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.4.1. Supermarkets/Hypermarkets
- 7.4.2. Specialty Stores
- 7.4.3. E-Commerce
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Yoga Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Top Wear
- 8.2.2. Bottom Wear
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Men
- 8.3.2. Women
- 8.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.4.1. Supermarkets/Hypermarkets
- 8.4.2. Specialty Stores
- 8.4.3. E-Commerce
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Yoga Clothing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Top Wear
- 9.2.2. Bottom Wear
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Men
- 9.3.2. Women
- 9.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.4.1. Supermarkets/Hypermarkets
- 9.4.2. Specialty Stores
- 9.4.3. E-Commerce
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Nike
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Puma
- 10.6. Asics
- 10.7. Under Armour, Inc.
- 10.8. Adidas
- 10.9. Lululemon Athletica
- 10.10. Manduka
- 10.11. Prana
- 10.12. Hugger Mugger
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model