Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Yoga Equipment market. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2018, and key prospects over the forecast period 2018 – 2028.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Yoga Equipment market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Yoga Equipment market.
After reading the Yoga Equipment market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the Yoga Equipment market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
- Technologies and business models with disruptive potential
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The Yoga Equipment market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The evaluation of the competitive landscape in the Yoga Equipment market covers the profile of the following top players:
BKR Yoga Equipment & Accessories, Bombay Incense Co, Jo Sha Yoga Equipment & Accessories, Jivanaprops, Manduka, Yoga Design Lab, Gaiam, Unisoul, and others.
The yoga equipment market is segmented on the basis of product type, sales channel, end user, and region.
By product type, the yoga equipment market is segmented into yoga blocks and bricks, yoga belts, bolsters & zafus, yoga chairs & feet up, yoga ropes & swings, exercise balls, yoga weigh bars, and others.
By sales channel, the yoga equipment market is segmented into specialty stores, modern trade channels, direct to customer channels, third-party online stores, and others.
By end users, the yoga equipment market is segmented into homes, yoga studios, gyms, community/wellness centres, and others.
On the basis of geography, the yoga equipment market is segmented across 6 key regions; North America, Europe, Japan, Latin America, Asia Pacific excluding Japan, and Middle East & Africa. Yoga has its origins in Asia, and the industry has seen an upsurge of 84% since 2004, according to Murfest. The yoga equipment market is expected to grow at a significant CAGR in order to fulfill the rising demand for yoga equipment in this region. Yoga is the fourth-fastest growing industry in North America, with a total amount of 10.3 billion dollars spent per year in the United States on yoga centres, accessories, and equipment. People in North America have spent the highest on yoga equipment in comparison to other regions, which has created various opportunities for the growth of the yoga equipment market in this region. The rising demand for yoga equipment among African females will create significant opportunities for the growth of the yoga equipment market in the MEA region. Increasing awareness about yoga will uplift the growth of the yoga equipment market in Latin America
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The global Yoga Equipment market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Some important questions that the Yoga Equipment market report tries to answer exhaustively are:
- Key strategic moves by various players in the Yoga Equipment market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
- Which strategies will enable top players in the Yoga Equipment market to expand their geographic footprints?
- Which new business models are expected to change the course of growth of key regional markets in near future?
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
- Which products segments have in recent years have seen new, lucrative application areas?
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