Global Yoga Apparel Market Size, Share and Trends Analysis Report, By Type (Top Wear and Bottom Wear), By Distribution Channel (Online and Offline), Forecast (2022-2028)
The global yoga apparel market is expected to grow at a CAGR of 6.0% during the forecast period (2022-2028). An increase in the adoption of yoga practice and adopting a healthy lifestyle is a driving factor for the global yoga apparel market. People are more inclined towards having a session of yoga every day as it is scientifically proved to be useful in many health conditions. Yoga keeps the body healthy, and flexible and supports in reducing stress. Yoga needs some specific clothing for a comfortable session. Lululemon Align is 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 apparel for men and women. Organic cotton, recycled wool, hemp, and recycled polyester are main materials which are used in making yoga clothes by the company. Orion legging 2 is a product from Epoque evolution. This product is wrinkle-resistant and durable.
The company which deals with yoga clothes are making advances by expanding its business. For instance, in February 2020, Yogamatters which is a yoga apparel and lifestyle retailer acquired Gossypium. Gossypium is online yoga apparel 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, Nike Inc., and Lululemon Athletica 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 August 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 financials. As per the company, the activewear space is trending and is going to boom in coming years.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Adidas AG, Nike Inc., and Lululemon Athletica Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Yoga Apparel Market Report by Segment
By Type
- Top Wear
- Bottom Wear
By Distribution Channel
- Online
- Offline
Global Yoga Apparel Market Report By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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