Global Yoga Clothing Market 2022 Size, Growth Analysis Report, Forecast to 2028.
The global yoga clothing market is expected to grow at a CAGR of 7.5% during the forecast period (2022-2028). An increase in the adoption of yoga practice and inclination towards healthy lifestyle some driving factors supporting the market growth. People are more inclined towards having a session of yoga everyday as it is scientifically proved to be useful in several health conditions. Yoga keeps the body healthy, flexible and supports in reducing stress. Yoga needs some specific clothing for a comfortable session. Lululemon Align are specifically designed for yoga as it is taken up by many yoga instructors. It provides comfort to the lower body parts while doing yoga. These yoga pants are designed from nulu fabric which allows ample stretch. prAna brand provides yoga clothing for both men and women. Organic cotton, recycled wool, hemp, recycled polyester are main materials which are used in making yoga clothes by the company. Orion legging 2 is a product from epoque evolution, which is wrinkle-resistant and durable.
Company which deal with yoga clothing are making advances by expanding their business. For instance, in Feb 2020, Yogamatters which is a yoga clothing and lifestyle retailer acquired Gossypium. Gossypium is an online yoga clothing and activewear brand. This brand is based in London. Natural fabrics are used for making products of this brand and they are manufactured in UK. Some major players in the market include Adidas AG, Hanesbrands Inc., and Nike Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in Aug 2021, Levi Strauss and Co. announced to acquire Beyond Yoga which is a yoga apparel brand. This will expand levi’s activewear space. The company expects that this acquisition will earn them around $100 million to its revenue in next year financial. As per the company, activewear space is trending and is going to boom in the coming years.
Competitive Landscape-
Adidas AG, Hanesbrands Inc., and Nike Inc., among others.
By Type
- Top Wear
- Bottom Wear
- Others
By End-User
- Male
- Female
By Distribution Channel
- Online
- Offline
Scope of the Report
The research study analyzes the Global Yoga Clothing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Yoga Clothing Market Report
1. What was the Global Yoga Clothing Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Yoga Clothing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Yoga Clothing Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Yoga Clothing market.
- The market share of the Global Yoga Clothing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Yoga Clothing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Yoga Clothing market.
The report will be delivered within 48-72 hours after payment confirmation