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Global Yoga Mat Market during 2020-2027

<br>A study recently conducted by the strategic consulting and market research firm, BlueWeave Consulting revealed that the global yoga mat market was worth USD 12.1 Billion in the year 2020. It is estimated to grow at the CAGR of 4.9 %, earning revenue of around USD 17.1 Billion by the end of 2027.

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Global Yoga Mat Market during 2020-2027

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  1. Global Yoga Mat Market

  2. A study recently conducted by the strategic consulting and market research firm, BlueWeave Consulting revealed that the global yoga mat market was worth USD 12.1 Billion in the year 2020. It is estimated to grow at the CAGR of 4.9 %, earning revenue of around USD 17.1 Billion by the end of 2027. Innovations in yoga accessories and the availability of various product variants in the market are majorly responsible for the growth of the global yoga mat market. Additionally, people are enrolling in yoga and exercise classes as a result of growing obesity rates and increased health awareness. Also, many wellness initiatives being undertaken by government and corporate agencies have been providing vendors with significant growth opportunities. However, factors such as the unpredictable pricing of raw materials and the rising admiration of outdoor sports activities may limit the market growth. Yoga is a modern practice based on Indian scriptures and practices that aims to develop harmony in one's body, mind, and environment. Yoga has long been thought to be the most effective way to keep the body and mind healthy.

  3. Growth Drivers The growing health awareness among people The key driving factor in the growth of the yoga mat market is the rising health awareness among people. People have become more health-conscious and signing up for yoga programs to stay healthy. Fitness-conscious people across the globe prefer going to yoga studios and fitness clubs to practice yoga. Lifestyle disorders such as obesity, hypertension, stress, etc., are some factors encouraging people to practice yoga, which is assisting the growth of the yoga mat market. Favorable government policies Yoga sessions are supported by a number of regulatory bodies and governments from around the world. This has bolstered many sources of financing and savings for the creation of new and creative yoga products (such as yoga mats), which in turn is contributing to the market's expansion. Sample Copy of the Report :https://www.blueweaveconsulting.com/global-yoga-mat-market-report/report-sample

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