Market Overview:
The global racing rowing boats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising popularity of water sports, increasing disposable income, and growing awareness about health and fitness. Based on type, the global racing rowing boats market is segmented into 1-seat boat, 2-seat boat, 4-seat boat, and 8-seat boat. The 1-seater segment is expected to account for the largest share of the global racing rowing boats market in 2018 owing to its low cost and easy portability. However, the 4-seater segment is projected to grow at a higher CAGR during the forecast period due to its growing popularity among consumers for use in team events. Based on application, men accounted for majority of sales in 2017 owing to their greater participation in water sports than women globally. However, women are increasingly participating in water sports activities such as rowing which is likely propel demand for racing rowing boats specifically designed for women during the forecast period.
Product Definition:
Racing Rowing Boats are specifically designed boats that are used for competitive rowing. They are typically longer and narrower than other types of boats, and they have a more pointed bow and stern. Racing Rowing Boats provide an advantage in speed and stability, making them ideal for competition use.
1-Seat Boat:
1-seat boat, also known as single scull or one-piece boat, is a type of rowing vessel in which the rower sits alone without any support. It is generally used for training and racing purposes. The boats are light weight and easy to transport due to their small size. Also, they have low maintenance costs and can be built according to the user requirements with respect to design and materials.
2-Seat Boat:
2 seat boats are also known as single sculls or one-person boats. They are usually lightweight and have low storage space. The design of the boat is very simple, having just enough room for a passenger to sit in the front and steer with an outboard motor or oars. 2-seater racing boats can be used by people of any age, gender and fitness level as they are easy to use and require no special skill to operate them effectively.
Application Insights:
Men application segment dominated the global racing boats market in 2017, accounting for a share of over 60.0% owing to the growing participation rate and interest among male adults in rowing as a fitness activity. In addition, this segment is expected to register the fastest CAGR from 2018 to 2030 due to increasing participation rates and popularity of multi-day races across various regions including North America and Europe.
The women application segment is expected witness significant growth during the forecast period owing to increased number of female participants taking part in recreational rowing activities as well as training regimens at commercial gyms across major cities such as New York City, Los Angeles County, Chicago Ridge etc. Furthermore, an increase in focus on developing fitness standards by FISA and Rowing Canada for competitive rowers will boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. U.S., being a developed economy, has higher disposable income and thus, prefers high-end products such as racing boats. Moreover, rowing as a sport is gaining popularity among people in this region due to its low-impact on the environment and high cardiovascular benefits offered by it.
Asia Pacific is anticipated to be one of the fastest growing regions with China at its forefront owing to increasing popularity of water sports and fitness activities among Chinese population especially youth group including students & working class people which will drive demand for racing boats over next eight years from 2018 till 2030 The Middle East & Africa (MEA) accounted for second largest share followed by Latin America owing both regional markets have potential growth opportunities that can be capitalized upon through product innovation.
Growth Factors:
- Increasing popularity of water sports and adventure activities
- Growing demand for eco-friendly and energy-efficient boats
- Proliferation of rowing clubs and competitions
- Rising disposable income of consumers
- Technological advancements in boat manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Racing Rowing Boats Market Research Report
By Type
1-Seat Boat, 2-Seat Boat, 4-Seat Boat, 8-Seat Boat
By Application
Men, Women
By Companies
Liteboat, Whitehall Rowing＆Sail, Echo Rowing, Sykes, Little River Marine, MartinRůžička (ROSEMAN), Empacher, HUDSON, Concept2, WINTECH Racing, Swift Racing, Filippi, Hangzhou Kanghua, Maas Boat, Peinert Boat Works
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Racing Rowing Boats Market Report Segments:
The global Racing Rowing Boats market is segmented on the basis of:
Types
1-Seat Boat, 2-Seat Boat, 4-Seat Boat, 8-Seat Boat
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Liteboat
- Whitehall Rowing＆Sail
- Echo Rowing
- Sykes
- Little River Marine
- MartinRůžička (ROSEMAN)
- Empacher
- HUDSON
- Concept2
- WINTECH Racing
- Swift Racing
- Filippi
- Hangzhou Kanghua
- Maas Boat
- Peinert Boat Works
Highlights of The Racing Rowing Boats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1-Seat Boat
- 2-Seat Boat
- 4-Seat Boat
- 8-Seat Boat
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Racing Rowing Boats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Racing rowing boats are typically used for racing. They are designed to be fast and efficient.
Some of the major companies in the racing rowing boats market are Liteboat, Whitehall Rowing＆Sail, Echo Rowing, Sykes, Little River Marine, MartinRůžiÄka (ROSEMAN), Empacher, HUDSON, Concept2, WINTECH Racing, Swift Racing, Filippi, Hangzhou Kanghua, Maas Boat, Peinert Boat Works.
The racing rowing boats market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Racing Rowing Boats Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Racing Rowing Boats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Racing Rowing Boats Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Racing Rowing Boats Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Racing Rowing Boats Market Size & Forecast, 2020-2028
4.5.1 Racing Rowing Boats Market Size and Y-o-Y Growth
4.5.2 Racing Rowing Boats Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1-Seat Boat
5.2.2 2-Seat Boat
5.2.3 4-Seat Boat
5.2.4 8-Seat Boat
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Racing Rowing Boats Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Racing Rowing Boats Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1-Seat Boat
9.6.2 2-Seat Boat
9.6.3 4-Seat Boat
9.6.4 8-Seat Boat
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1-Seat Boat
10.6.2 2-Seat Boat
10.6.3 4-Seat Boat
10.6.4 8-Seat Boat
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1-Seat Boat
11.6.2 2-Seat Boat
11.6.3 4-Seat Boat
11.6.4 8-Seat Boat
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1-Seat Boat
12.6.2 2-Seat Boat
12.6.3 4-Seat Boat
12.6.4 8-Seat Boat
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1-Seat Boat
13.6.2 2-Seat Boat
13.6.3 4-Seat Boat
13.6.4 8-Seat Boat
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Racing Rowing Boats Market: Competitive Dashboard
14.2 Global Racing Rowing Boats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Liteboat
14.3.2 Whitehall Rowing＆Sail
14.3.3 Echo Rowing
14.3.4 Sykes
14.3.5 Little River Marine
14.3.6 MartinRůžička (ROSEMAN)
14.3.7 Empacher
14.3.8 HUDSON
14.3.9 Concept2
14.3.10 WINTECH Racing
14.3.11 Swift Racing
14.3.12 Filippi
14.3.13 Hangzhou Kanghua
14.3.14 Maas Boat
14.3.15 Peinert Boat Works
