Yoga Clothing Market to go up by USD 18.88 billion from 2024-2028: Know Why!
Introduction
The global yoga clothing market size is estimated to grow by USD 18.88 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.36% during the forecast period. A growing number of yoga practitioners is driving market growth, with a trend towards the introduction of new technologies and features in yoga clothing. However, unpredictable raw material prices pose a challenge. Key market players include Adidas AG, ANTA Sports Products Ltd., ASICS Corp., Authentic Brands Group LLC, BasicNet Spa, Berkshire Hathaway Inc., Columbia Sportswear Co., Frasers Group plc, Hanesbrands Inc., Hugger Mugger Yoga Products LLC Inc., La Vie Boheme Yoga, lululemon athletica Inc., Manduka LLC, New Balance Athletics Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., Under Armour Inc., VF Corp., and Yoga Direct LLC.
Key Market Trends Fueling Growth
The yoga clothing market has seen significant advancements in technology and features over the last decade and a half. Manufacturers focus on consumer preferences, such as wicking, comfort, grip, stickiness, and sustainability, to enhance user experience. Innovations like moisture-wicking fabrics, thermal technology, and compression fabric have emerged, with Nike Inc., Under Armour Inc., and others incorporating these technologies into their products. These developments are expected to positively impact the global yoga clothing market.
Additionally, eco-friendly and sustainable materials are becoming increasingly important in the market. Consumers are looking for yoga clothing that is not only comfortable and stylish but also environmentally conscious. Overall, the yoga clothing market is thriving with a wide range of trends to suit every yogi’s needs.
Market Research Overview
The Yoga Clothing Market encompasses a wide range of apparel designed for practicing yoga and promoting flexibility, comfort, and mindfulness. These garments include leggings, tops, shorts, pants, bras, and mats. The materials used are often breathable and moisture-wicking, such as cotton, spandex, and polyester.
Yoga clothing is popular due to its versatility, allowing individuals to move freely and comfortably during their practice. Additionally, the market offers various styles, colors, and designs to cater to diverse preferences and needs. The industry continues to grow as more people discover the benefits of yoga and seek suitable attire for their practice.
Disclaimer: The above content is originally posted on Prnewswire.com. We have reposted the article. The relevant information is provided by Technavio Research. All credit goes to their respective Copy Right Holders. (Technavio Research)
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