September 15, 2020
According to the research report titled ‘Global Fitness and Yoga Wear Market Size study, By Product Type (Organic Cotton, Recycled Materials, and Others), By End-Use (Professional Athletic, and Amateur Sport) and Regional Forecasts 2020-2026’ available with Market Study Report, global fitness and yoga wear market is anticipated to witness significant growth during 2019-2026.
Increasing adoption of fitness and yoga wear for various sport-related activities such as jogging and hiking, owing to the light weight of the fabric is propelling the growth of global fitness and yoga wear market.
Other factors such as technological advancements in the fitness wear is further aiding the market expansion. Rising disposable income along with growing concerns pertaining to personal health as a result of changing lifestyle and stressful work environments are augmenting the growth of worldwide fitness and yoga wear industry.
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Notably, women are the primary customers of fitness and yoga wear. Therefore, rising female population coupled with escalating number of participations in events and activities such as Zumba are stimulating the global fitness and yoga wear market outlook.
Based on product type, global fitness and yoga wear market is categorized into recycled materials, organic cotton, and others. The end-user spectrum of the market comprises of amateur sports and professional athletics.
From a regional frame of reference, global fitness and yoga wear market is classified into North America, Europe, Latin America, Asia-Pacific and rest of the world, with key focus on Mexico, Brazil, China, India, Japan, Germany, UK, Canada and the United States.
According to the report, Asia-Pacific is expected to emerge as a major revenue generator for the overall market. The presence of a vast manufacturing sector along with increasing penetration of e-commerce services are facilitating the business scenario in Asia-Pacific.
The companies that hold a strong presence in global fitness and yoga wear market are Mizuno Corporation, Amer Sports Oyj, Old Navy (Gap Inc.), ANTA Sports Products Limited, VF Corporation, Puma SE, Columbia Sportswear Company, Under Armour, Inc., Adidas AG, and Nike, Inc.