According to the report, "Asia-Pacific Yoga Accessories Market Outlook, 2027" published by Bonafide Research, the market was valued at around USD 5360 Billion in 2021, which is anticipated to grow at more than 13% CAGR for 2022–2027. According to the obtained data, the maximum number of yoga physicians and consultants are in the Asia-Pacific region. Impacts such as the local government's activities for funding the yoga business, such as the AYUSH initiative launched by the Indian government in 2018, are driving the region's increased demand for yoga. Also, factors such as the presence of low-cost labor and abundant availability of raw materials, awareness of fitness and preference towards a fit and healthy lifestyle among the youth, and the existence of numerous local manufacturers are liable for propelling the demand in the Asia-Pacific region. This is owing to the rise in the number of yoga studios, the increase in the attractiveness of yoga practices in Asia, and the rise in sales of yoga gear at different studios. However, Asia-Pacific is projected to record the highest CAGR during the estimated period, owing to the rich yogic ethos in countries such as India, reliable knowledge throughout the Indian sub-continent, and the vast number of yoga schools and studios across the region.
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