PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505136
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505136
The global yoga and exercise mats market size is expected to reach USD 13,238.89 Million by 2032, according to a new study by Polaris Market Research. The report "Yoga and Exercise Mats Market Share, Size, Trends, Industry Analysis Report, By Material (Natural Rubber, Suede, Coconut Fiber, Others); By Distribution Channel; By End-Use; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Yoga mats and exercise mats have distinct differences in their purpose, thickness, and materials used. Yoga mats are specifically designed for low-impact exercises like yoga, featuring a thinner profile and materials that offer exceptional grip and stability. On the other hand, exercise mats are constructed for higher-impact workouts, with thicker foam and materials that provide cushioning and shock absorption.
Mats are available in various materials, including PVC, natural rubber, and biodegradable fibers like hemp or cotton. PVC mats are flexible and offer added grip, making them suitable for standard yoga practices. However, for hot yoga, a towel-style surface mat is recommended to absorb sweat and prevent slipping.
Furthermore, the integration of technology into yoga mats, such as AI-enabled smart yoga mats, provides real-time feedback on body position, flexibility, and power stretching. These advanced features are expected to drive the demand for yoga mats in the market. Yoga mats have a rougher texture for enhanced grip during poses, while exercise mats are smoother and easier to clean due to increased sweating during vigorous workouts. The differences in thickness, density, and texture cater to the specific needs of each type of activity.
The increasing prevalence of lifestyle diseases has led to a significant burden of chronic health issues worldwide, affecting millions of people. These diseases, including obesity, diabetes, heart disease, and mental health disorders, are primarily caused by factors such as poor diet, lack of physical activity, and stress. Governments and healthcare organizations are actively addressing these issues by promoting healthy lifestyle behaviors, including regular exercise and physical activity. Yoga and exercise are viewed as effective preventative measures against these lifestyle diseases, promoting physical fitness, mental well-being, and overall vitality.
The natural rubber segment is expected to experience substantial growth in the coming years, particularly in 2023. This is due to the exceptional durability and resilience of yoga and exercise mats made from natural rubber, which also offer excellent anti-skid performance.
The global market is primarily dominated by the supermarket and hypermarket segment, owing to their physical presence in prime locations within a city. These brick-and-mortar retail stores offer a diverse range of products, including groceries, frozen foods, personal care, and toiletries.
The Asia Pacific region has established its dominance in the global market and is expected to show the highest CAGR over the forecasting years. This is due to the region's strong cultural affinity for yoga and traditional wellness practices, which have their roots in this region. Due to its deep cultural roots, the communities in Asia-Pacific perceive yoga as more than just a physical exercise but as a way of life and spiritual pursuit.
The global key market players include Adidas AG, ALO LLC, Barefoot Yoga Co., Freedom At the Mat, Inc., Gaiam, Hugger Mugger, Jade Yoga, Lululemon Athletica, Manduka, TEGO FIT, etc.
Polaris Market Research has segmented the yoga and exercise mats market report based on material, distribution channel, end-use, and region: