00:00In the balcony of the house or in the park of the society, whether the 24th year of yoga comes out or not, it is celebrated on the day of International Yoga Day.
00:09In fact, in 2015, the United Nations announced that every year on June 21, it will be celebrated as International Yoga Day.
00:17And a lot of credit has been given to Prime Minister Narendra Modi.
00:21Today, on June 21, International Yoga Day was celebrated all over the world.
00:25Yoga is now not just yoga, but it has become brand yoga.
00:29It also has a lot of contribution in the country's economy.
00:32Because of the brand yoga, its business is also growing.
00:35The awareness of yoga has made the words such as yoga industry and yoga economy very popular among people.
00:41In this case, if you do not believe that in what way it has a contribution in the economy and how much it has a business, we will tell you all in detail in this video.
00:50So do watch the video till the end.
00:52Yoga is not yoga now, but it is a way of living life in which spirituality is also attached.
00:58Not only this, yoga is not just one kind, but it has become of many types.
01:02As you may have heard, there is bear yoga, goat yoga, harry potter yoga, the list is quite long.
01:08And as far as the income from yoga is concerned, yoga has become a source of income in business, especially in Western countries.
01:16If we talk about the business of yoga, then active wear accessories, mats, clubs, yoga centers related to yoga all over the world, which has led to the expansion and development of many businesses.
01:25International Yoga Day was celebrated in 2015 and has been growing continuously since then.
01:30Do you know how big the business is?
01:32So according to the IMR report, between 2024 and 2032, the global market related to yoga can grow by 9% every year.
01:41Not only this, in 2023, the global market size of yoga has been around $ 115.43 billion, which can increase to $ 250.70 billion by 2032.
01:53Yoga is also considered a sustainable exercise.
01:55And this is why the mats, cushions, blocks, clothes and other items used for yoga are not only in demand, but many companies are making it from recycled materials.
02:06That's why its economy is seen as a circular economy.
02:10One of the special things about the market related to yoga is that it is growing well from offline to online.
02:16People are adopting yoga courses in yoga studios, yoga clubs, and gyms.
02:20At the same time, influencers are also giving online yoga classes on many digital platforms.
02:25Increasing criticism about yoga has increased yoga wellness among people.
02:29At the same time, the demand for their professionals is also increasing.
02:32It has become a great career option for women.
02:35Statistics show that 72% of yoga professionals around the world are women.
02:42According to a report, the revenue size of yoga classes in India is around $ 2.6 billion, while the size of the yoga industry as of now is $ 80 billion.
02:53After COVID-19, growth has been recorded up to 154%.
02:57Now if we talk about fees, in 2016, the word yoga was one of the most searched words on Google.
03:04Yoga instructors around the world are earning a lot of money in India, whose fees start from Rs. 1,34,000.
03:11It is not limited to yoga only.
03:13Now we will tell you how the brand yoga was made.
03:16So yoga as a brand has spread so much.
03:18Take a small example of this from the yoga mat.
03:21According to market research companies, the yoga mat business in America was worth $ 8.96 billion in 2023.
03:32And it is expected to reach $ 14.72 billion by 2031.
03:37Yoga pants, which have come to fashion so much that Lifestyle magazine found in GQ that the yoga pants of Lululemon, a Canadian company, are popular among women.
03:47By the way, Lululemon's pants can be bought for 80 pounds.
03:5180 pounds means 7,000 rupees.
03:53More than 17% of yoga-related markets in the US clothing market.
03:58If you calculate all these things, you will understand that there is a good business in the yoga industry.
04:04You will also see a lot of clubs around you where yoga is taught.
04:09You will also see a lot of craze among people because yoga is now considered a way of living.
04:14People also pay a lot of money to learn yoga.
04:18To do yoga, whether it is online or offline, it also earns instructors.
04:23If you wear specific clothes for yoga, it also earns that industry.
04:27So in this way, yoga has a good contribution to the economy of the country, to the growth of the country, and to boost its business.
04:35That's all in the video. I hope you found this information very unique and liked it.
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