Water Sports Gear and Equipment Market to Witness Substantial Growth through 2025
Increasing number of water
sports enthusiasts to drive global water sports gear and equipment market
According
to TechSci Research report, “Global Water
Sports Gear and Equipment Market By Sports Type (Underwater Sports Gear and
Equipment, In-the-water Sports Gear and Equipment, On-the-water Sports Gear and
Equipment), By Product Type (Water Sports Equipment, Water Sports Apparel
(Swimwear, Swim Caps, Swim Goggles, Others)), By End User (Women, Men,
Children), By Distribution Channel (Sporting Goods Retailers,
Hypermarkets/Supermarkets, Online), By Region, Forecast & Opportunities, 2025”, the market
is expected to witness substantial growth during the forecast period. Key
factors propelling the growth of global water sports gear and equipment market
are growing awareness about health benefits associated with water sports
activities and increasing number of water sports enthusiasts around the world.
Technological advancements in the water sports gear and equipment manufacturing
are also acting as a major growth driver for this market. Moreover, increasing
number of water sports facilities across various regions are expected to boost
the market growth in the coming years. Also, water sports activities are now
being undertaken as a part of extracurricular activities in various schools and
colleges, which is further creating the demand for water sports gear and
equipment.
Additionally, increasing popularity of soft adventure
sports like rafting, sailing and scuba diving are fueling the growth of global
water sports gear and equipment. The market is also witnessing growing demand
for eco-friendly water sports gear and equipment, which is expected to provide
huge growth opportunity for manufacturers. Furthermore, thriving online retail
industry is also supporting the market growth as the players are widely selling
water sports gear and equipment across the world. However, the market is also
prone to some challenges. The outbreak of COVID-19 has led to temporarily
restrictions on almost all forms of water sports activities, which is expected
to hamper the market growth through 2025. Moreover, religious restrictions on
swimwear is also acting as a restraining factor for global water sports gear
and equipment market.
Browse
XX market data Tables and XX Figures spread through XXX
Pages and an in-depth TOC on"Global Water Sports Gear and
Equipment Market"
https://www.techsciresearch.com/report/water-sports-gear-and-equipment-market/5031.html
The global
water sports gear and equipment market is segmented based on sports type,
product type, end user, distribution channel and region. Based on sports type,
the market can be segmented into underwater sports gear and equipment,
in-the-water sports gear and equipment and on-the-water sports gear and
equipment. Among them, the underwater sports gear and equipment segment is
expected to witness high growth during the forecast period owing to the
increasing popularity of underwater sports activities such as snorkeling and
scuba diving.
Based
on product type, the market can be segmented into water sports equipment and water
sports apparel. The water sports apparel segment is further split into swimwear,
swim caps, swim goggles and others. Among them, water sports equipment segment
is expected to be the highest revenue generating segment during the forecast
period due to the growing inclination of people towards water sports such as water
aerobics, snorkeling, scuba diving, boating and jet skiing.
Major players operating in the global water
sports gear and equipment market include Arena Italia
S.p.A., Aquatec - Duton Industry Co., Ltd, Apollo Sports USA, Sunsets
Watersports, Body Glove International, Billabong International Limited, Speedo
International Ltd, Sherwood Scuba, Swimwear Anywhere, Inc., Beuchat
International, Dive Rite, Johnson Outdoors Inc. and Mares SpA. The market
players are using advanced technological methodologies for the manufacture of
water sports gear and equipment.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=5031
Customers can also request for 10% free
customization on this report.
“North America is expected to dominate the global water
sports gear and equipment market, followed by Europe during the forecast period.
Presence of a large number of water sporting sites in these two regions is
making them a lucrative market for water sports gear and equipment
manufacturers. However, Asia Pacific is also evolving as a high revenue
generating market along with South Korea and Australia being the prime markets,”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Global
Water Sports Gear and Equipment Market By Sports Type (Underwater Sports Gear
and Equipment, In-the-water Sports Gear and Equipment, On-the-water Sports Gear
and Equipment), By Product Type (Water Sports Equipment, Water Sports Apparel
(Swimwear, Swim Caps, Swim Goggles, Others)), By End User (Women, Men,
Children), By Distribution Channel (Sporting Goods Retailers,
Hypermarkets/Supermarkets, Online), By Region, Forecast & Opportunities,
2025” has evaluated the future growth potential of global water
sports gear and equipment market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global water
sports gear and equipment market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Website : https://www.techsciresearch.com/