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Middle East & Africa Yoga Accessories Market Outlook, 2027

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    Report

  • 56 Pages
  • September 2022
  • Region: Africa, Middle East
  • Bonafide Research
  • ID: 5660388
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For a long time, yoga was not seen as acceptable in the conservative Islamic kingdom. Because yoga was primarily considered a Hindu practice, yoga was not allowed in Saudi Arabia for decades. Extremists challenged the notion that yoga was incompatible with Islamic practices. The market got a boost when yoga received formal recognition as a sporting activity in November 2017. This has allayed the misplaced fears among many in the Arab and the Muslim World that the practice of Yoga was incompatible with Islamic beliefs and gave confidence to several Muslim Yoga practitioners around the world.

According to the report, “Middle East & Africa Yoga Accessories Market Outlook, 2027” the market witnessed over 1 Billion difference in revenue share from 2016 to 2027. Further, the market is anticipated to grow with more than 12% CAGR during the forecast period. The past year, especially the months under the shadow of the Covid pandemic have led to increased awareness about personal health. Residents of the region have started investing in wearable devices, fitness apps, and telemedicine services to keep track of the wellbeing of their bodies and mind. The yoga clothing segment wasn’t able to make for much of the market share given the region’s clothing restrictions and beliefs.

The online sales segment in the region dominated because of the lack of awareness and the availability of these products through the local vendors. The online segment accounted for more than 65% of the region’s share. The key is to have flexibility within a structured, data-driven process. Some players have driven growth by broadening their delivery assortment. Against this, the offline sales channel segment is to grow with a growth rate of more than 11%. 47 Islamic nations among the 177 countries of the United Nations General Assembly (UNGA) officially co-sponsored with India, a resolution to establish the International Day of Yoga. Afghanistan, Bangladesh, Turkey, Iran, Indonesia, UAE, Qatar, and Oman were among the Islamic nations that co-sponsored the UN resolution. Arab countries have begun to practice yoga, most specifically in Saudi Arabia and Egypt. In 2010, the formation of the Arab Yoga Foundation provided a platform for Yoga enthusiasts to practice Yoga and remain connected. South Africa is expected to be dominating the region with the highest share by the end of the forecasted period.

Mega brands such as Reebok and Nike do not track yoga accessories as a separate category but say there has been a jump in demand for accessories used for practice. Major companies mentioned in the report are: Adidas AG, Aurorae, Barefoot Yoga Co, Gaiam, Hugger Mugger Yoga Products LLC, LululemonAthleticaInc, Manduka LLC, Nike INC.

Major Companies present in the market

Adidas AG, Lululemon Athletica Inc, Manduka, Nike Inc

Considered In the Report

  • Geography: Middle East & Africa
  • Historical year: 2016
  • Base year: 2021
  • Estimated year: 2022
  • Forecasted year: 2027

Countries covered:

  • Saudi Arabia
  • UAE
  • South Africa

Aspects Covered In the Report

  • Market Size By Value for the historic time period (2016-2021)
  • Market Size By Value for the forecast time period (2022-2027)
  • Market Share by Product (Mats, Clothing, Straps, Blocks, others)
  • Market Share by Sales Channel (Online & Offline)
  • Market Share by Region (2016, 2021 & 2027F)
  • Market Share by Country (2016, 2021 & 2027F)

Intended Audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the yoga accessories manufacture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definitions
3.3. Covid-19 Impacts
4. Economic /Demographic Snapshot
5. Global Yoga Accessories Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Country
5.2.3. By Company
5.2.4. By Product Type
5.2.5. By Sales Channel
6. Middle East & Africa Yoga Accessories Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Country
6.2.2. By Product Type
6.2.3. By Sales Channel
6.3. Saudi Arabia Yoga Accessories Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share
6.3.2.1. By Product Type
6.3.2.2. By Sales Channel
6.4. UAE Yoga Accessories Market Outlook
6.4.1. Market Size by Value
6.4.2. Market Share
6.4.2.1. By Product Type
6.4.2.2. By Sales Channel
6.5. South Africa Yoga Accessories Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Share
6.5.2.1. By Product Type
6.5.2.2. By Sales Channel
7. Market Dynamics
7.1. Key Drivers
7.2. Key Challenges
8. Market Trends and Developments
9. Competitive Landscape
9.1. Porter’s Five Force Model
9.2. Company Profiles
9.2.1. Adidas AG
9.2.2. Aurorae Yoga
9.2.3. Barefoot Yoga Company
9.2.4. Gaiam
9.2.5. Hugger Mugger
9.2.6. Lululemon Athletica Inc.
9.2.7. Manduka
9.2.8. Nike, Inc.
10. Strategic Recommendations11. Disclaimer
List of Figures
Figure 1: Global Yoga Accessories Market Size - By Value 2016 to 2027F (In USD Million)
Figure 2: Global Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 3: Middle East & Africa Yoga Accessories Market Size - By Value 2016 to 2027F (In USD Million)
Figure 4: Middle East & Africa Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 5: Saudi Arabia Yoga Accessories Market Size - By Value 2016 to 2027F (In USD Million)
Figure 6: Saudi Arabia Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 7: UAE Yoga Accessories Market Size - By Value 2016 to 2027F (In USD Million)
Figure 8: UAE Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 9: South Africa Yoga Accessories Market Size - By Value 2016 to 2027F (In USD Million)
Figure 10: South Africa Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 11: Porter’s Five Force Model for Yoga Accessories
List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Yoga Accessories Market Share by Region (2016, 2021 & 2027F)
Table 5: Global Yoga Accessories Market Share by Country (2016, 2021 & 2027F)
Table 6: Global Yoga Accessories Market Share by Company (2016, 2021 & 2027F)
Table 7: Global Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 8: Middle East & Africa Yoga Accessories Market Share By Country (2016, 2021, & 2027F)
Table 9: Middle East & Africa Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 10: Saudi Arabia Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 11: UAE Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 12: South Africa Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 13: Key Facts of Adidas AG
Table 14: Key Facts of Aurorae Yoga
Table 15: Key Facts of Barefoot Yoga Company
Table 16: Key Facts of Gaima
Table 17: Key Facts of Hugger Mugger
Table 18: Key Facts of Lululemon Athletica Inc
Table 19: Key Facts of Manduka
Table 20: Key Facts of Nike Inc