LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global yoga accessories market size and it is poised to grow by USD 830.47 million during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Barefoot Yoga Co., Hugger Mugger Yoga Products LLC Inc. , JadeYoga, La Vie Boheme Yoga, Liforme Ltd., lululemon athletica Inc., Manduka LLC, Sequential Brands Group Inc., Yoga Direct LLC, and ANYMATIC LLC are some of the major market participants. The introduction of smart mats will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Yoga Accessories Market 2020-2024: Segmentation

Yoga Accessories Market is segmented as below:

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Yoga Accessories Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The yoga accessories market report covers the following areas:

This study identifies the product premiumization as one of the prime reasons driving the Yoga Accessories Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.

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Yoga Accessories Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Distribution channel

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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Research Report: Global Yoga Accessories Market 2020-2024|Introduction of Smart Mats to Boost Market Growth | Technavio - Business Wire