The global rise in yoga's popularity is fueled by its numerous health benefits, including improved immunity. Increasing awareness about these benefits, coupled with investments in the healthcare industry, has contributed to the exponential growth of the yoga market. Furthermore, the shift towards online yoga courses, especially during the pandemic, has led to the development of numerous accessible online yoga platforms, further boosting the segment's growth and making yoga more accessible to people worldwide.
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Data Bridge Market Research analyses that the Canada Yoga Market is expected to grow at a CAGR of 7.5% in the forecast period of 2023 to 2030. The market was valued at USD 634.97 million in 2022 and will grow to USD 1,132.45 million by 2030. In today's fast-paced and demanding lifestyle, people often experience high levels of stress and anxiety. Yoga provides a holistic approach to relaxation and mental rejuvenation, offering effective techniques to manage stress. Through calming breathwork, mindful movement, and meditation, yoga offers a sanctuary for individuals to unwind, promoting emotional well-being and reducing the impact of modern life's stresses.
Key Findings of the Study
Diverse yoga styles is expected to drive the market's growth rate
The diverse range of yoga styles and techniques available in Canada allows individuals to choose practices that align with their specific preferences, fitness levels, and wellness goals. Whether it's Hatha, Vinyasa, Ashtanga, Kundalini, or Yin yoga, each style offers unique benefits and experiences. This variety not only attracts seasoned practitioners but also entices newcomers, creating a broader audience base for yoga in Canada. The accessibility of different yoga options plays a significant role in driving the market's growth and popularity.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Service (Online Yoga Course, Offline Yoga Course, And Yoga Accreditation Training Programs ), Practitioner Type (Male, Female)
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Market Players Covered
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Alo Moves (U.S.), FLYOGI LLC.(U.S.)., Downward Dog Yoga Centre (Canada), YYOGA (Canada), Halifax Yoga (Canada), and Life Yoga Studio (Czech Republic)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The yoga market is segmented on the basis of service and practitioner type
- On the basis of service, the yoga market is segmented into online yoga course, offline yoga course, and yoga accreditation training programs
- On the basis of practitioner type, the yoga market is segmented into male, female.
Major Players
Data Bridge Market Research recognizes the following companies as the major yoga market players in yoga market are Alo Moves (U.S.), FLYOGI LLC.(U.S.)., Downward Dog Yoga Centre (Canada), YYOGA (Canada), Halifax Yoga (Canada), and Life Yoga Studio (Czech Republic)
Market Development
- In 2022, yoga retreats are organized in Binh Lap island for tourists who come to resorts in the coastal glam ping areas as a new and interesting experience
- In 2021, Ananda in the Himalayas introduced tailor-made yoga sessions to traditional hath yoga in the resort as a quick getaway from the hustle and bustle of city life
For more detailed information about the yoga market report, click here – https://www.databridgemarketresearch.com/ko/reports/canada-yoga-market
