Market Overview:
The global yoga rings market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing awareness about the health benefits of yoga and rising demand for fitness equipment. Additionally, growing popularity of online retail is also propelling the growth of this market. Based on type, regular yoga rings accounted for a majority share in 2017 and is expected to maintain its dominance during the forecast period as well. However, with massage bumps type is projected to grow at a higher CAGR owing to its ability to provide relief from pain and tension in muscles. Based on application, online retail held a dominant position in 2017 and is anticipated to maintain its lead during the forecast period as well.
Product Definition:
The rings are a prop that is used to improve balance and stability, as well as increase the range of motion in the joints.
Regular:
Regular yoga rings are made of flexible, durable material such as rubber or plastic and are designed to provide a comfortable fit. They come in various sizes ranging from 3-5 inches in diameter and have different uses. The most common application is for stretching purposes but they also find use in other applications such as strengthening muscles, improving flexibility, etc.
With Massage Bumps:
With massage bumps, it is possible to adjust the hardness of the massage. It is a silicone gel-filled cushion that comes with three different density levels. The higher the bump, the harder will be your massage; while lower bumps offer softer pressure. This product was created by an aromatherapy company and later on acquired by LELO who now markets this product under their brand name of With Massage Bumps.
Application Insights:
The retail application segment led the global yoga rings market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to rising demand for fitness products among consumers, especially in developed regions such as North America and Europe. Furthermore, increasing penetration of online retailers is expected to fuel demand for yoga rings globally.
Online application dominated the overall industry with a share of more than 40% in 2017 owing to growing e-commerce sales channels and consumer preference for purchasing goods through digital mediums. Consumers prefer buying these products from reputed online retailers due to safety measures taken by them against frauds and counterfeits during transactions. This trend is likely to continue over the forecast period as online retailers are increasingly adopting innovative technologies that help them provide an exceptional customer experience while shopping on their websites or via mobile apps.
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 disposable income, increasing population of millennials and rapid urbanization & development. In addition, growing popularity of various types of yoga as a result of increased availability on TV channels will drive demand for rings in this region.
North America is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due to presence on online retailers such as Amazon and eBay where consumers can easily access products related information from different sellers across the globe. Furthermore, growing number fitness centers across U.S., Canada and Mexico are driving demand for yoga accessories including mats, blocks & straps that aid proper alignment during poses which will further fuel product demand in North America over next eight years (2018 - 2030).
Growth Factors:
- Increasing health awareness and the benefits of Yoga Rings among consumers.
- Rising disposable income of consumers, which enables them to spend on yoga products such as rings.
- Growing popularity of yoga as a form of exercise, which is driving demand for yoga rings and other related products.
- Innovative marketing by manufacturers to create awareness about the benefits of using Yoga Rings among consumers, which is helping to boost sales growth for this market segment 5 Increased focus by fitness enthusiasts on improving their overall well-being through regular practice of yoga, which is resulting in an increase in demand for Yoga Rings
Scope Of The Report
Report Attributes
Report Details
Report Title
Yoga Rings Market Research Report
By Type
Regular, With Massage Bumps, Others
By Application
Online, Retail, Wholesale, Others
By Companies
Synergee, Inspire Uplift, YNXing, Haujile, Vanace, Sunsign, Poska Balance, ROSRAN, Navmen, Lakeli, Atenia, PIDO, HAJINOSU
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Yoga Rings Market Report Segments:
The global Yoga Rings market is segmented on the basis of:
Types
Regular, With Massage Bumps, Others
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
Online, Retail, Wholesale, Others
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:
- Synergee
- Inspire Uplift
- YNXing
- Haujile
- Vanace
- Sunsign
- Poska Balance
- ROSRAN
- Navmen
- Lakeli
- Atenia
- PIDO
- HAJINOSU
Highlights of The Yoga Rings 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:
- Regular
- With Massage Bumps
- Others
- By Application:
- Online
- Retail
- Wholesale
- Others
- 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 Rings 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 Rings are a type of exercise equipment that is used to help improve balance and coordination. They are made from a durable, stretchy material and come in different sizes to fit most users.
Some of the key players operating in the yoga rings market are Synergee, Inspire Uplift, YNXing, Haujile, Vanace, Sunsign, Poska Balance, ROSRAN, Navmen, Lakeli, Atenia, PIDO, HAJINOSU.
The yoga rings market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Yoga Rings 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 Rings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yoga Rings 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 Rings 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 Rings Market Size & Forecast, 2020-2028
4.5.1 Yoga Rings Market Size and Y-o-Y Growth
4.5.2 Yoga Rings 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 Regular
5.2.2 With Massage Bumps
5.2.3 Others
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 Online
6.2.2 Retail
6.2.3 Wholesale
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yoga Rings 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 Rings 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 Regular
9.6.2 With Massage Bumps
9.6.3 Others
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 Online
9.10.2 Retail
9.10.3 Wholesale
9.10.4 Others
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 Regular
10.6.2 With Massage Bumps
10.6.3 Others
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 Online
10.10.2 Retail
10.10.3 Wholesale
10.10.4 Others
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 Regular
11.6.2 With Massage Bumps
11.6.3 Others
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 Online
11.10.2 Retail
11.10.3 Wholesale
11.10.4 Others
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 Regular
12.6.2 With Massage Bumps
12.6.3 Others
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 Online
12.10.2 Retail
12.10.3 Wholesale
12.10.4 Others
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 Regular
13.6.2 With Massage Bumps
13.6.3 Others
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 Online
13.10.2 Retail
13.10.3 Wholesale
13.10.4 Others
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 Rings Market: Competitive Dashboard
14.2 Global Yoga Rings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Synergee
14.3.2 Inspire Uplift
14.3.3 YNXing
14.3.4 Haujile
14.3.5 Vanace
14.3.6 Sunsign
14.3.7 Poska Balance
14.3.8 ROSRAN
14.3.9 Navmen
14.3.10 Lakeli
14.3.11 Atenia
14.3.12 PIDO
14.3.13 HAJINOSU
