Over the past decade, yoga has become increasingly popular, with millions of people worldwide incorporating it into their daily routines. According to the International Yoga Federation, there were approximately 300 million yoga practitioners globally by 2020. This popularity shows no signs of slowing down, and the market for yoga studios, products, and services is projected to continue growing.
One of the driving forces behind this growth is the increasing awareness of the benefits of yoga on physical and mental health. Studies have shown that yoga can help alleviate stress, anxiety, and depression while improving strength, flexibility, and overall well-being. As more people discover these benefits, the demand for high-quality yoga studios and instructors has risen, making yoga franchises more appealing to potential investors.