Market Overview:
The global yoga rally band market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the benefits of yoga and rising demand for fitness and wellness products. In addition, growing number of health-conscious people and increase in disposable income are also contributing to the growth of this market. The global yoga rally band market is segmented on the basis of type, application, and region. On the basis of type, it is divided into natural rubber and synthetic rubber. The natural rubber segment dominates this market owing to its properties such as durability, elasticity, and strength that make it suitable for use in yoga rally bands. On the basis of application, it is classified into home use and commercial use segments.
Product Definition:
A Yoga Rally Band is an elastic band that is used to help people stretch and perform poses in yoga. The importance of a Yoga Rally Band is that it can provide resistance to help people improve their flexibility and strength.
Natural Rubber:
Natural rubber (NR) is a polymer, extracted from the latex of the rubber tree. It is also known as gutta-percha or guayule. The growth factor in yoga rally band market for natural rubber is its unique physical and chemical properties that make it suitable to be used in various end-use industries such as automotive, construction, consumer goods and medical among others.
Synthetic Rubber:
Synthetic rubber is a man-made product and has no natural sources. It is also known as Polyisoprene Rubber or SBR. The key properties of synthetic rubber include high tensile strength, good resilience, abrasion resistance, excellent elasticity and low heat distortion temperature (HDT). These are the major factors that make it suitable for use in yoga rally band market.
Application Insights:
The commercial use segment dominated the global yoga rally band market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising adoption of these devices for cardiovascular and strength training at gyms, health clubs and sports centers. Commercial applications include use at hotels, restaurants and shopping malls for promoting fitness activities among consumers as well as attracting their attention towards the establishment.
The home use category is expected to witness considerable growth over the forecast period owing to increasing penetration of smartphones with features such as music storage/playback capability which enables users to listen to their favorite beats while doing yoga postures or sitting in meditation pose. Furthermore, manufacturers are introducing smart devices that can track user¢â‚¬â„¢s performance during yoga postures or while meditating through built-in sensors thereby encouraging consumers further.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising health consciousness and increasing disposable income of consumers. Furthermore, government initiatives promoting sports activities are also expected to drive demand for yoga mats in this region. For instance, In India, as a part of International Yoga Day celebrations on June 21st every year, the Indian Ministry of Tourism has been conducting an annual yoga event since 2014 with more than 2000 schools and colleges across India participating simultaneously. Such government-sponsored programs are anticipated to boost product sales over the next eight years.
North America is projected to be one of the fastest growing regional markets from 2018 to 2030 due high consumer awareness about fitness and well-being along with rising adoption rates for new age fitness trends such as aerobics or power training classes at home or gymnasiums under various brand names such as Power Yoga or Bikram Yoga etc.
Growth Factors:
- Increasing health awareness and the benefits of yoga among people.
- Rising disposable income of people, which enables them to spend on yoga products and services.
- Growing popularity of yoga as a form of exercise across the globe.
- Proliferation of online channels for purchasing yoga-related products and services, which makes it convenient for consumers to buy these items from anywhere in the world.
Scope Of The Report
Report Attributes
Report Details
Report Title
Yoga Rally Band Market Research Report
By Type
Natural Rubber, Synthetic Rubber
By Application
Home Use, Commercial Use
By Companies
Hugger Mugger, Infinity Strap, Clever Yoga, Gaiam, Suzhou Aiflex Sports, Yangzhou Chenhong, Chooyou
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Yoga Rally Band Market Report Segments:
The global Yoga Rally Band market is segmented on the basis of:
Types
Natural Rubber, Synthetic Rubber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hugger Mugger
- Infinity Strap
- Clever Yoga
- Gaiam
- Suzhou Aiflex Sports
- Yangzhou Chenhong
- Chooyou
Highlights of The Yoga Rally Band Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Rubber
- Synthetic Rubber
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Yoga Rally Band Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Yoga Rally Band is a yoga and wellness band that provides physical, mental, and emotional support to people of all ages. The band offers classes in yoga and mindfulness for beginners, intermediate students, and experts.
Some of the major companies in the yoga rally band market are Hugger Mugger, Infinity Strap, Clever Yoga, Gaiam, Suzhou Aiflex Sports, Yangzhou Chenhong, Chooyou.
The yoga rally band market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yoga Rally Band Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Yoga Rally Band Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yoga Rally Band Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Yoga Rally Band Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Yoga Rally Band Market Size & Forecast, 2020-2028
4.5.1 Yoga Rally Band Market Size and Y-o-Y Growth
4.5.2 Yoga Rally Band Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural Rubber
5.2.2 Synthetic Rubber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yoga Rally Band Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Yoga Rally Band Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural Rubber
9.6.2 Synthetic Rubber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural Rubber
10.6.2 Synthetic Rubber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural Rubber
11.6.2 Synthetic Rubber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural Rubber
12.6.2 Synthetic Rubber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural Rubber
13.6.2 Synthetic Rubber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Yoga Rally Band Market: Competitive Dashboard
14.2 Global Yoga Rally Band Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hugger Mugger
14.3.2 Infinity Strap
14.3.3 Clever Yoga
14.3.4 Gaiam
14.3.5 Suzhou Aiflex Sports
14.3.6 Yangzhou Chenhong
14.3.7 Chooyou
