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Global Yoga Apparel Industry Market to Witness Huge Growth by 2023: Leading Key Players Adidas, Manduka, Nike, PUMA, Under Armour, VF Corporation (VFC)

Yoga Apparel Industry Market

 

Houston, TX -- (SBWIRE) -- 08/09/2018 -- Yoga Apparel Industry Market
Yoga apparel is used by consumers to perform various forms of physical exercises, which include yoga, pilates, stretching exercise, general fitness exercise, and core exercises. Various end-users of yoga apparel use the product for different types of workouts and prefer technologically advanced products.
Researcher analysts forecast the global yoga apparel market to grow at a CAGR of 3.16% during the period 2018 -2023.
Commenting on the report, an analyst from Researcher team said: "One trend in the market is technological advances in product features. The manufacturers of yoga apparels are continuously looking to improve the technology and features of the product to achieve higher customer satisfaction. The consumers of yoga apparels analyze the quality of the products on various parameters."

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The report covers the present scenario and the growth prospects of the global yoga apparel market for 2018-2021. To calculate the market size, the report considers the revenue generated through the sales of different types of yoga apparels.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Researcher report, Global Yoga Apparel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- adidas
- Manduka
- Nike
- PUMA
- Under Armour
- VF Corporation (VFC)
Other prominent vendors
- Amer Sports
- ASICS America Corporation
- Columbia Sportswear
- Eddie Bauer
- Everlast Worldwide
- Hanesbrands
- HuggerMugger
- La Vie Boheme Yoga
- YogaDirect
Market driver
- Rise in the popularity of yoga
- For a full, detailed list, view our report
Market challenge
- Volatility in raw material cost
- For a full, detailed list, view our report
Market trend
- Technological advances in product features
- For a full, detailed list, view our report
According to the report, one driver in the market is rise in the popularity of yoga. Yoga is one of the ancient forms of workout and meditation that originated in India. In recent years, yoga has gained a significant popularity globally, especially in North America. The popularity of yoga in the US and Canada is continuously increasing. The region exhibited a significant acceptance of yoga in last few years.
Further, the report states that one challenge in the market is volatility in raw material cost. In the present market scenario, fitness wear manufacturers are experiencing fluctuations in their profit margins. This is due to the fluctuating prices of raw materials and the increasing competition among vendor. An influx of local players has been observed in recent times because the establishment costs are low.

Table Of Content

Global Yoga Apparel Industry Market Research Report
Chapter 1Yoga Apparel Industry Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix