The latest research report published by Fact.MR on the Yoga Equipment Market is intended to offer reliable data on various key factors shaping the growth curve of the market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders. The segment accounted for a considerable share in the Yoga Equipment Market in forecast period 2018-2028. The share in this segment comes with a wide range of opportunities including manufacturing products, distribution, retail, and marketing services.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 for Demand of Yoga Equipment Market, both at global and regional levels.
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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. Key stakeholders in the Yoga Equipment Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities. Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Yoga Equipment Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period 2018-2028
- What is present competitive scenario of the global Yoga Equipment Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Yoga Equipment Market
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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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Regional Segments Analyzed Include
- 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)
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