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Argentina Yoga Accessories Market Overview, 2027

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    Report

  • 50 Pages
  • October 2022
  • Region: Argentina
  • Bonafide Research
  • ID: 5669921
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Yoga is becoming more popular as people become more concerned about their health and fitness as a result of rising health issues such as obesity and others. Yoga's growing popularity is generating demand for yoga equipment such as mats, straps, clothing, and bricks all across the world. Yoga accessories are the objects that a person uses to support and enhance their yoga practice. This can include anything from a simple yoga mat to more complex items such as yoga blocks, straps, and blankets. The popularity of yoga has led to an increase in demand for high-quality yoga accessories. Yoga accessories aid all levels of practitioners in gaining the sensitivity of yoga positions while still enjoying the benefits and not overdoing it. For instance, the best things about the Yoga mats are that they are utilized while practicing to keep hands and feet stable and forestall wounds. The rising interest for wellness gear and extras is relied upon to drive Market development. Additionally, developing number of yoga studios across the country, expanded reception of yoga by a colossal number of the populace because of its few medical advantages and drives are taken by the public authority in certain areas of the Market Revenue.

According to the report, “Argentina Yoga Accessories Market Overview, 2027” the market is projected to grow with significant growth rate during the forecast period. This growth can be attributed to the rising popularity of yoga and an increase in the prevalence of lifestyle diseases across the country. Major manufacturers are focusing on launching yoga clothes that are specially designed to absorb sweat while letting the skin breathe. Yoga bricks provide an improved alignment with stability and balance. These bricks or blocks are prepared from cork or high density foam. Odor proof, moisture resistant, eco-friendly yoga bricks are gaining importance and are contributing towards increasing demand of yoga accessories. Also, increasing obesity and other health diseases among individuals across the globe is another key factor supporting the growth of yoga activities and this, in turn, is expected to support the penetration of yoga accessories across the country.

Further, increasing concerns regarding health and fitness among population, owing to rising health problems such as obesity and others has led to increasing adoption of Yoga. Rising popularity of yoga is fueling demand for yoga accessories such as yoga mats, yoga straps, yoga clothes, and yoga bricks across the world. Manufacturers are switching to recyclable raw materials and biodegradable products for development of these accessories, to avoid adverse impacts on the environment. Raw materials such as natural rubber, jute and cotton are preferred over polyurethane, nylon, leather and synthetic rubber for sustainable and eco-friendly yoga mats. Increasing number of people are opting for eco-friendly products, owing to rising awareness regarding adverse effects of using polyurethane, nylon, leather and synthetic rubber products. Lower emissions generated in manufacturing of eco-friendly, sustainable mats encourages consumer to adopt these products, which is creating conductive environment for growth of yoga mats and other yoga accessories.

According to the report, the market is segmented into various product types including mats, clothing, straps, blocks and others. Among these types, yoga mat is anticipated to occupy largest market share during the upcoming timeframe. Yoga mat act as an insulation between the human body and the ground. This prevents any loss of heat, charge or energy from the body to the ground and thereby provides a thermo-insulation. Due to anti-slipping nature of yoga mat, it helps the person to keep strong hold on the surface hence; the rise in popularity of yoga is projected to drive the growth of the yoga mat market. Further, the market is segregated into online and offline sales channel. Among them, online segment is leading the market in 2021. Businesses have been able to reach their potential customers by setting online stores where the products offered by manufacturers can be accessed on a larger base. This channel includes online marketplaces, such as Amazon, Walmart, and eBay, along with third-party e-retailers who provide business merchandising online. Accessories such as yoga mats, witnessed a high demand due to the COVID-19-enforced lockdown on health clubs and gymnasiums. This has led to an increase in the expansion of online distribution channels and demand for yoga accessories.

Covid-19 Impacts:

While Covid-19 brought the world at risk of anxiety and post-traumatic stress disorder yoga was preached as an aid to deal with such crises. Yoga has also played a significant role in the psycho-social care and rehabilitation of Covid-19 patients in quarantine and isolation. It particularly helped in allaying the fears and anxiety. With more millennial drawn towards this ancient practice, the market for yoga accessories is expected to grow with an anticipated to gain higher momentum in Argentina by 2027.

Considered In the Report

  • Geography: Argentina
  • Historical year: 2016
  • Base year: 2021
  • Estimated year: 2022
  • Forecasted year: 2027

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 Summary
2. Introduction
2.1. Market Definition
2.2. Market Scope & Segmentation
2.3. Research Methodology
3. Argentina Macro Economic Indicators
4. Argentina Yoga Accessories Market Category Analysis
4.1. Key findings
4.2. Market Drivers
4.3. Market Restraints
4.4. Opportunities
4.5. Policies & Certification
4.6. Value Chain Analysis
4.7. Key Developments - 2021
5. Argentina Yoga Accessories Market Trends
6. Argentina Yoga Accessories Market Overview
6.1. Market Size By Value
6.2. Market Share
6.2.1. By Product Type Type
6.2.2. By Sales Channel
7. Argentina Yoga Accessories Market Segmentations
7.1. Argentina Yoga Accessories Market, By Product Type
7.1.1. Argentina Yoga Accessories Market Size, By Yoga Mats, 2016 - 2027F
7.1.2. Argentina Yoga Accessories Market Size, By Yoga Clothing, 2016 - 2027F
7.1.3. Argentina Yoga Accessories Market Size, By Yoga Straps, 2016 - 2027F
7.1.4. Argentina Yoga Accessories Market Size, By Yoga Blocks, 2016 - 2027F
7.1.5. Argentina Yoga Accessories Market Size, By Others, 2016 - 2027F
7.2. Argentina Yoga Accessories Market, By Sales Channel
7.2.1. Argentina Yoga Accessories Market Size, By Online, 2016 - 2027F
7.2.2. Argentina Yoga Accessories Market Size, By Offline, 2016 - 2027F
8. Argentina Yoga Accessories Market Opportunity Assessment
8.1. By Product Type, 2022E to 2026F
8.2. By Sales Channel, 2022E to 2026F
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profiles
10. Strategic Recommendations11. Disclaimer
List of Figures
Figure 1: Argentina Yoga Accessories Market Size By Value 2016 to 2027F (In USD Million)
Figure 2: Argentina Yoga Accessories Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 3: Market Attractiveness Index, By Product Type
Figure 4: Market Attractiveness Index, By Sales Channel
Figure 5: Porter's Five Forces Meter of Yoga Accessories Industry in Argentina
List of Table
Table 1: Argentina Yoga Accessories Market Share By Product Type (2016, 2021 & 2027F)
Table 2: Argentina Yoga Accessories Market Size of Yoga Mats (2016 to 2027F) in USD Million
Table 3: Argentina Yoga Accessories Market Size of Yoga Clothing (2016 to 2027F) in USD Million
Table 4: Argentina Yoga Accessories Market Size of Yoga Straps (2016 to 2027F) in USD Million
Table 5: Argentina Yoga Accessories Market Size of Yoga Blocks (2016 to 2027F) in USD Million
Table 6: Argentina Yoga Accessories Market Size of Others (2016 to 2027F) in USD Million
Table 7: Argentina Yoga Accessories Market Size of Online (2016 to 2027F) in USD Million
Table 8: Argentina Yoga Accessories Market Size of Offline (2016 to 2027F) in USD Million