Market Overview:
The global yoga wheels market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing awareness about the benefits of yoga, rising disposable income, and growing demand for fitness equipment. The global yoga wheels market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wood, PU (polyurethane), and other materials. The PU segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its properties such as durability and resistance to weather conditions. On the basis of application,the market is divided into man and woman segments. The man segment dominatesthe global yoga wheelsmarket due to high demand from men for fitness equipment across all regions studied in this research study.
Product Definition:
A Yoga Wheel is a circular piece of equipment that helps deepen stretches and increase flexibility. It is often used in conjunction with other yoga poses to improve balance, alignment, and range of motion.
Wood:
Wood is one of the most commonly used material in yoga wheels. It is available in various forms such as solid, plywood and particle board. Wood can be classified on the basis of its density, durability and strength which helps to determine its usage in yoga wheel manufacturing.
On the basis of growth factor, wood can be segmented into hardwood trees and softwood trees. The growth factor for wood depends upon climatic conditions under which it grows i.e.
PU:
PU or Polyurethane is a closed-cell foam made from the reaction of polyols and urethanes. It has high compressive strength, good insulation properties, and excellent resistance to solvents. PU is lightweight; it can be easily handled by people with weak hands and arms due to its light weight property.
It also helps in reducing stress on the body parts while performing yoga poses for long duration which makes it easier for yogis to hold the position longer.
Application Insights:
The man application segment held the largest share of over 70.0% in 2017. The use of yoga wheels for man-related problems is gaining popularity owing to increasing awareness about health and fitness among men across the globe. According to a survey, it has been found that majority of Indian population (over 80%) practices yoga daily but only few understand its benefits and how it can help them become healthier. Therefore, companies are involved in producing yogawheels especially designed for men with similar functions as a woman¢â‚¬â„¢s yoga wheel but with different designs and specifications according to their requirements.
The woman application segment is expected to grow at fastest CAGR during the forecast period due to rising number of female athletes participating in sports including aerobics, cycling, golfing, hiking.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to growing consumer awareness regarding health, fitness and physical appearance. The region is expected to witness significant growth over the forecast period due to rising disposable income of consumers and increasing penetration of organized sports.
North America is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to high demand for products that help with joint mobility, stability, comfort and support. Moreover, new product launches are anticipated as a key driver for this market during the same period. For instance, in September 2016; Body Back Buddy launched its first line of yoga accessories including mat bags & straps in U S A that provide additional support while practicing yoga postures thereby boosting product sales across this region as well (Gurwitch et al., 2016).
Growth Factors:
- Increasing demand for yoga as a form of exercise to improve overall health and well-being
- Rising awareness about the benefits of yoga among people across all age groups
- Growing popularity of yoga studios and classes, which is driving demand for yoga wheels
- Increased focus on preventive healthcare, which is boosting the use of yoga as a tool for improving overall health and well-being
- Technological advancements that are making it easier to manufacture high quality Yoga Wheels at affordable prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Yoga Wheels Market Research Report
By Type
Wood, PU, Other
By Application
Man, Woman
By Companies
Shenzhen Haifuxing Technology, Unisoul, CHOOYOU, Yangzhou Chenhong Plastic and Rubber Products, Fuzhou Bohanson Trading
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Yoga Wheels Market Report Segments:
The global Yoga Wheels market is segmented on the basis of:
Types
Wood, PU, Other
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
Man, Woman
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:
- Shenzhen Haifuxing Technology
- Unisoul
- CHOOYOU
- Yangzhou Chenhong Plastic and Rubber Products
- Fuzhou Bohanson Trading
Highlights of The Yoga Wheels 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:
- Wood
- PU
- Other
- By Application:
- Man
- Woman
- 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 Wheels 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 Wheels are a type of exercise equipment that help people to improve their balance and coordination. They are made from hard plastic or metal and have several small, round discs attached to them. When you use Yoga Wheels, you move them around in a circle while keeping your balance.
Some of the key players operating in the yoga wheels market are Shenzhen Haifuxing Technology, Unisoul, CHOOYOU, Yangzhou Chenhong Plastic and Rubber Products, Fuzhou Bohanson Trading.
The yoga wheels market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Yoga Wheels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Yoga Wheels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yoga Wheels Market - Supply Chain
4.5. Global Yoga Wheels Market Forecast
4.5.1. Yoga Wheels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yoga Wheels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Yoga Wheels Market Absolute $ Opportunity
5. Global Yoga Wheels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Yoga Wheels Market Size and Volume Forecast by Type
5.3.1. Wood
5.3.2. PU
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Yoga Wheels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Yoga Wheels Market Size and Volume Forecast by Application
6.3.1. Man
6.3.2. Woman
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Yoga Wheels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Yoga Wheels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Yoga Wheels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Yoga Wheels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Yoga Wheels Demand Share Forecast, 2019-2026
9. North America Yoga Wheels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Yoga Wheels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Yoga Wheels Market Size and Volume Forecast by Application
9.4.1. Man
9.4.2. Woman
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Yoga Wheels Market Size and Volume Forecast by Type
9.7.1. Wood
9.7.2. PU
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Yoga Wheels Demand Share Forecast, 2019-2026
10. Latin America Yoga Wheels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Yoga Wheels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Yoga Wheels Market Size and Volume Forecast by Application
10.4.1. Man
10.4.2. Woman
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Yoga Wheels Market Size and Volume Forecast by Type
10.7.1. Wood
10.7.2. PU
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Yoga Wheels Demand Share Forecast, 2019-2026
11. Europe Yoga Wheels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Yoga Wheels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Yoga Wheels Market Size and Volume Forecast by Application
11.4.1. Man
11.4.2. Woman
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Yoga Wheels Market Size and Volume Forecast by Type
11.7.1. Wood
11.7.2. PU
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Applicatio
11.10.4. By Sales Channel
11.11. Europe Yoga Wheels Demand Share, 2019-2026
12. Asia Pacific Yoga Wheels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Yoga Wheels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Yoga Wheels Market Size and Volume Forecast by Application
12.4.1. Man
12.4.2. Woman
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Yoga Wheels Market Size and Volume Forecast by Type
12.7.1. Wood
12.7.2. PU
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Yoga Wheels Demand Share, 2019-2026
13. Middle East & Africa Yoga Wheels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Yoga Wheels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Yoga Wheels Market Size and Volume Forecast by Application
13.4.1. Man
13.4.2. Woman
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Yoga Wheels Market Size and Volume Forecast by Type
13.7.1. Wood
13.7.2. PU
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Yoga Wheels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Yoga Wheels Market: Market Share Analysis
14.2. Yoga Wheels Distributors and Customers
14.3. Yoga Wheels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shenzhen Haifuxing Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Unisoul
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CHOOYOU
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yangzhou Chenhong Plastic and Rubber Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuzhou Bohanson Trading
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
