What is Yoga Apparel Market?
Yoga apparel are basically designed for exercise of yoga and other physical activities which include lots of stretching movement, and bending. The yoga apparel are made with blend of cotton, nylon, wool, lycra spandex, polyester. These are available in various styles and types which also includes traditional boot-cut and flared yoga cloths.
The market study is being classified by Type (Bottom wear, Top wear and Accessories), by Application (Household, Yoga club and Others) and major geographies with country level break-up. According to AMA, the Global Yoga Apparel market is expected to see growth rate of 5.7%
Adidas (Germany), Hanesbrands (United States), Lululemon Athletica (Canada), Nike Inc. (United States), PUMA (Germany), Under Armour (United States), VF Corporation (United States), ROUND2 LA (United States), Amer Sports (Finland), Columbia Sportswear (United States) and Eddie Bauer (United States) are some of the key players profiled in the study.
The market appears to be fragmented with the presence of many companies. Factors such as the manufacturing of innovative yoga apparel with respect to technology and features and growing number of yoga practitioners, will provide considerable growth opportunities to yoga apparel market manufacturers. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Yoga Apparel market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Yoga Apparel market by Type, Application and Region.
On the basis of geography, the market of Yoga Apparel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Number of Yoga Practitioners Worldwide
- Rising Awareness of Yoga in Most Parts of the World
Market Trend
- High Demand for Comfortable, Casual, Sports and Athletic wear
Restraints
- Availability of Low Quality and Counterfeit Products in Emerging Countries
Opportunities
- Increasing Health Awareness Program and Increasing Fitness Activities in Both Developed and Developing Economies
- Growing Adoption Patterns, New Colors, and Basic Design of Yoga Apparel
Challenges
- Volatile in Raw Material Prices
Key Target Audience
Yoga Apparel Manufacturers, Raw Material Suppliers, Product Supplier/Distributors, End User and Others