Apparel Online India Magazine May 1-15, 2019 | Page 10

WORLD WRAP S W E AT I N G I N S T Y L E Yoga apparel taking the world by storm T he global yoga apparel market is expected to post an incremental growth of over US $ 3.4 billion during 2019-2023. Rising popularity of yoga in most parts of the world owing to the growing awareness among people towards fitness and wellness is a major factor that is fuelling the growth of the market. In recent years, yoga, the ancient form of workout and meditation that originated in India, has gained a significant popularity globally, especially in North America. With expanding study on this field, yoga is being received equally well by housewives as well as by different businesses. The global yoga apparel market is highly fragmented, though major growth is coming from Western markets with the presence of multiple competitors. Key market competitors of this domain are today emphasising more on business expansion to make their presence felt in developing regions which are still less explored for this segment. Hectic work schedules and increasing health issues have been compelling people to opt for different sports activities as a form of exercise. In line with growing popularity, the manufacturing of innovative yoga apparel is also catching up like a fire worldwide. With the help of technology and enhanced features, the global yoga apparel market is expected to mask a notable CAGR of 11.3 per cent during the projected period. Various end-users of yoga apparel use the products for different types of workouts and prefer technologically advanced products. “The booming travel and tourism industry will significantly contribute to the growth and expansion of the global yoga apparel market. Use of improved raw materials in yoga apparel has become one of the major distinguishing factors ESSENTIALS Lululemon’s original fabric, Luon, with a high proportion of nylon microfibre as opposed to a more typical polyester blend, was trademarked in the US in 2005. Many of its newer fabrics are branded and geared toward specific uses. among key competitors. The key competitors must comply with strict environmental regulations in various countries for the supply of raw materials,” said Sharan J, a Lead Retail Goods and Services Research Analyst from Technavio. Stretching up The journey of yoga apparel started long back in 1970s, when people used to wear leotards, unitards or yogatards, which are still marketed by Marie Wright Yogawear. But the problem with these apparels was that you really couldn’t go to the bathroom without peeling the whole thing off! And then the era of yoga capri was born. The first pair of yoga pants came in for women to wear at the studio and Lululemon sold it in 1998. They were a mix of nylon and lycra-synthetic elastic fibres that provided the stretch and softness needed to manage all those sweat- inducing contortions during a lengthy session on the mat. The pants filled a niche for yogis, who were simply looking for a higher-end alternative to plain cotton leggings. Lululemon’s original fabric, Luon, with a high proportion of nylon microfibre as opposed to a more typical polyester blend, was trademarked in the US in 2005. Many of its newer fabrics are branded and geared toward specific uses. Luxtreme is a moisture-wicking, four-way stretch fabric that’s meant to fit like a second skin. Nulux is a compression fabric meant for sweatier workouts. Silverescent is sold as Lululemon’s stink-conquering technology, using silver bonded to the surface of fibres to stop bacteria from reproducing. A T-shirt made from the material costs US $ 68. Two decades later, they’ve conquered the closet, even for people who never stepped inside a yoga studio. 10 Apparel Online India | MAY 1-15, 2019 | www.apparelresources.com