In 2023, the yoga and meditation market is expected to be worth US$ 6,063.57 million. By 2033, the market is expected to grow to US$ 23,000 million. Additionally, a 14.3% CAGR is anticipated for the market’s growth from 2023 to 2033.
In order to better grasp the current state of the market, this report aims to provide deeper information of the personal exercise mats market size, revenue share, year-over-year growth, market dynamics, competitive landscape, and much more. This analysis is helpful for developing long-term strategy for both new rivals and existing businesses due to its meticulous compilation.
Personal exercise mat sales have increased over the past few years, in keeping with the current demand for yoga and various other In 2023, the yoga and meditation market is expected to be worth US$6,063.57 million. By 2033, the market is expected to grow to US$ 23,000 million. Additionally, a 14.3% CAGR is anticipated for the market’s growth from 2023 to 2033.
In order to better grasp the current state of the market, this report aims to provide deeper information of the personal exercise mats market size, revenue share, year-over-year growth, market dynamics, competitive landscape, and much more. This analysis is helpful for developing long-term strategy for both new rivals and existing businesses due to its meticulous compilation.
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According to this report, sales of personal exercise mats surpassed 130 thousand units in 2018. By the end of 2019, it is anticipated that sales would register a Y-o-Y growth of 7%.
There has been a standard shift of consumers to improved lifestyle practices which has indeed functioned as a prominent factor supporting sales of personal exercise mats. Furthermore, the report highlights that an increasing count of institutional buyers would reinforce strong demand determinant in the coming years.
Technologically Advanced Mat Variants Becoming Prime Focus for Manufacturers
Manufacturers are advancing with the implementation of cutting-edge technology to offer long-lasting, anti-skid, sweat-proof, and other options for personal exercise mats in the market.
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However, the market appeal of personal exercise mats has been actively stimulated by the continuously increasing penetration of these mats, which provide a calming sensation and are useful during yoga and meditation. It’s interesting to see that businesses like Blank Yoga have concentrated their efforts on the creation of self-cleaning yoga mats, a product that is anticipated to grow in popularity in the global market for personal workout mats.
Competitive Outlook
With the report coming to an end, readers are offered the convenience to gain vital data regarding the leading players operating in the global personal exercise mats market.
Moreover, a majority of brands contending in the personal exercise mats industry are gaining from the mounting potential of European market, and proliferation of E-commerce to trade yoga mats.
Each of the mentioned manufacturer in this report is analyzed in terms of sales footprint, product portfolio and strategy overview. All such clear-cut data points make this assessment a rich source that bifurcates the global personal exercise mats for better discernment.
Key Players
- Smiling Mind
- Inner Explorer Inc.
- Committee for Children
- Stop, Breathe & Think PBC
- Simple Habit Inc.
- Calm Headspace Inc.
- Inscape
- Insight Network Inc.
- Waking Up, LLC
- FeelVeryBien S.a.S
- MEDITOPIA
- BetterMe
- Aura Health
- Sanity & Self
- TEN PERCENT HAPPIER
- Inward Inc.
- Portal Labs Ltd.
- MOBIO INTERACTIVE
- Mindfulness Everywhere
Key Segments in the Yoga and Meditation Industry
By Product:
- Websites
- Apps
- Yoga centers
- Meditation workshops
- Books
- Others
By Indication:
- Physical
- Mental
By Source:
- Internet
- Instructor
- Gym
- Meditation centers
By End Use:
- Home
- Schools
- Corporates
- Meditation Centers
- Others
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