Article

Yogawear segment gets its own ‘movement space’ during stay-at-home days

Topic: FashionPublished October 1, 2020
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COVID-19 has been having its way since the beginning of its time and among many impacts it had and is having on the economy, on businesses, another noticeable one has been people—both men and women staying at home going through stress, anxiety, and depression. In order to combat this and to keep calm and stay strong, a lot of people have added meditation and yoga to their lockdown routine. According to a report by Grand View Research, Inc., the yoga clothing market size globally is expected to reach US $ 47.8 billion by 2025, growing at a CAGR of 6.2 per cent over the forecast period. In that, the women segment generated revenue of US $ 20.7 billion in 2018, while the children segment is to register the fastest CAGR of 7.5 per cent from 2019 to 2025. “In India, yoga has established itself as a strong sport. The growth rate of people practising yoga increased three times in the past 4 years. Yoga has become a way of living, a habit, and a trend among the youth. Since 2015, when the world started celebrating International Yoga Day, it has created a huge recognition for itself among Indians. Decathlon took this opportunity in offering the right outfits according to the users, level of practice – starting from Hatha to Power Yoga, classifying our offer from beginners to experts,” asserts Swati, Decathlon India. For more insights, click @ Apparel Resources

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