Yoga Market Size is Estimated to grow at a CAGR of 9.1% during the forecast period

Yoga Market Size is Estimated to grow at a CAGR of 9.1% during the forecast period

  • The yoga market was valued at 110.2 billion globally in 2022, and over the forecast period, a compound annual growth rate (CAGR) of 9.1% is anticipated.
  • The main factors driving the market's expansion are the growing number of yoga centers across the globe and people's growing awareness of the need to maintain a healthy lifestyle.
  • The industry is expanding due to rising demand for yoga courses, gear, retreats, clothing, accessories, and internet resources. The reasons behind the rise of this industry include mental wellbeing and spiritual development.

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Growth Drivers

  • Yoga is becoming more and more popular as people become more health conscious due to its many mental, spiritual, and physical health advantages.
  • Yoga provides efficient stress-reduction methods, drawing those who are looking for calm and mindfulness exercises in today's hectic environment. One of the main factors driving the market's growth is the growing tendency toward holistic health approaches.
  • The growing inclination towards a more holistic approach, along with yoga's emphasis on the mind-body connection, is fueling the demand for yoga in the global market.
  • The aging population is driving up demand for hot yoga, power yoga, and aerial yoga, which appeals to a variety of tastes and demographics and is rapidly developing the market.

Segmentation

End-User

·?????????Male

·?????????Female

Delivery Mode

·?????????Offline Yoga Course

·?????????Online Yoga Course

Age-Group

·?????????Below 18 years

·?????????18-29 years

·?????????30-50 years

·?????????Above 50 years

Regional Outlook

·?????????Asia Pacific

·?????????North America

·?????????Latin America

·?????????Europe

·?????????Middle East and Africa

Key Players

·?????????Lululemon Athletica

·?????????Manduka

·?????????Yogaworks

·?????????Gala, Inc

·?????????Alo Yoga

·?????????Core Power Yoga

·?????????Yoga Alliance

·?????????Gaiam

·?????????Yoga Journal

·?????????Yoga International

·?????????Other Players

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