Market Overview:
The global wakeboard bindings market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The lace-up wakeboard bindings segment is expected to dominate the market, in terms of value, during the forecast period. In terms of application, sports race held the dominant share in 2017 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
wakeboard bindings are a type of water sport shoe that is typically worn by wakeboarders. They attach to the board and provide a way to securely fasten your feet to the board, which improves your control and stability while riding.
Lace-Up Wakeboard Bindings:
Lace-up wakeboard bindings are the most common type of wakeboard binding. It is also known as Velcro board binding, after the brand of fastener used to make it. Lace-up bindings have a large number of Velcro straps that go around the entire perimeter of each foot and ankle. The rider can adjust these straps to get a secure fit, but also has the option to remove some or all if he/she so desires.
Buckled Wakeboard Bindings:
Buckled wakeboard bindings and it's usage in the wakeboard binding market is a combination of two sports equipment, which are combined to make one functional unit. The basic function of these devices is to provide safety while riding the board during aerials or wipeouts. The other main function of this device is to stop the rider from falling off the board during turns or slides.
The buckled wakeboard binding system has three main components, namely straps, buckles.
Application Insights:
The sports race application segment held the largest share of over 50.0% in 2017. The rising popularity of wakeboarding as a recreational activity among adults and children has resulted in an increased number of resorts and parks offering wakeboard lessons, which is boosting the demand for bindings suitable for sports racing. Moreover, increasing participation levels across various age groups have boosted the growth of this segment further. For instance, according to statistics published by American wakesports Association (AWSA), there were more than 5 million participants across all age groups from 2010 to 2015; however, from 2016 to 2018 the number decreased by around 40%, mainly due to aging population and less participation rate among kids aged 6-17 years old group (revenue decrease - USD 22 million). However, it must be mentioned that AWSA does not represent all Wakeboard Associations around the world; therefore these numbers might vary slightly compared with other estimates provided hereinafter.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few variations in terms of product demand and sales. The U.S., as well as Canada, are the largest consumers of wakeboard bindings globally due to increased participation and awareness about water sports activities among youth population in these countries over past few years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing popularity and awareness about wakeboarding across emerging economies including China, India, Thailand, Malaysia etc., especially after gaining independence from Great Britain in 1947 AD till now 2016 AD (Anno Domini). Wakeboard events were not held before 2004AD at those places but since then they have been organized quite often which has boosted up regional growth significantly over past few years.
Growth Factors:
- Increasing popularity of wakeboarding as a recreational activity
- Growing demand for customized wakeboard bindings to suit individual preferences
- Rising number of extreme sports enthusiasts globally
- Proliferation of online retail platforms that offer a wide range ofwakeboard bindings at competitive prices
- Introduction of innovative binding technologies and features
Scope Of The Report
Report Attributes
Report Details
Report Title
Wakeboard Bindings Market Research Report
By Type
Lace-Up Wakeboard Bindings, Buckled Wakeboard Bindings
By Application
Sports Race, Entertainment
By Companies
Jobe, Cabrinha Kites, Spinera, Liquid Force Kiteboarding, Slingshot Sports, O’Brien, Crazy Fly, Hyperlite, Connelly skis, Ron Marks, AIRHEAD SPORTS GROUP, Ronix
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Wakeboard Bindings Market Report Segments:
The global Wakeboard Bindings market is segmented on the basis of:
Types
Lace-Up Wakeboard Bindings, Buckled Wakeboard Bindings
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
Sports Race, Entertainment
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:
- Jobe
- Cabrinha Kites
- Spinera
- Liquid Force Kiteboarding
- Slingshot Sports
- O’Brien
- Crazy Fly
- Hyperlite
- Connelly skis
- Ron Marks
- AIRHEAD SPORTS GROUP
- Ronix
Highlights of The Wakeboard Bindings 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:
- Lace-Up Wakeboard Bindings
- Buckled Wakeboard Bindings
- By Application:
- Sports Race
- Entertainment
- 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 Wakeboard Bindings 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.
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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?
Wakeboard bindings are a type of ski binding that attach to the feet and ankles, allowing riders to perform tricks on a wakeboard.
Some of the key players operating in the wakeboard bindings market are Jobe, Cabrinha Kites, Spinera, Liquid Force Kiteboarding, Slingshot Sports, O’Brien, Crazy Fly, Hyperlite, Connelly skis, Ron Marks, AIRHEAD SPORTS GROUP, Ronix.
The wakeboard bindings market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wakeboard Bindings 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 Wakeboard Bindings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wakeboard Bindings 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 Wakeboard Bindings 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 Wakeboard Bindings Market Size & Forecast, 2020-2028 4.5.1 Wakeboard Bindings Market Size and Y-o-Y Growth 4.5.2 Wakeboard Bindings 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 Lace-Up Wakeboard Bindings
5.2.2 Buckled Wakeboard Bindings
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 Sports Race
6.2.2 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wakeboard Bindings 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 Wakeboard Bindings 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 Lace-Up Wakeboard Bindings
9.6.2 Buckled Wakeboard Bindings
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 Sports Race
9.10.2 Entertainment
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 Lace-Up Wakeboard Bindings
10.6.2 Buckled Wakeboard Bindings
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 Sports Race
10.10.2 Entertainment
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 Lace-Up Wakeboard Bindings
11.6.2 Buckled Wakeboard Bindings
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 Sports Race
11.10.2 Entertainment
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 Lace-Up Wakeboard Bindings
12.6.2 Buckled Wakeboard Bindings
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 Sports Race
12.10.2 Entertainment
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 Lace-Up Wakeboard Bindings
13.6.2 Buckled Wakeboard Bindings
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 Sports Race
13.10.2 Entertainment
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 Wakeboard Bindings Market: Competitive Dashboard
14.2 Global Wakeboard Bindings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jobe
14.3.2 Cabrinha Kites
14.3.3 Spinera
14.3.4 Liquid Force Kiteboarding
14.3.5 Slingshot Sports
14.3.6 O’Brien
14.3.7 Crazy Fly
14.3.8 Hyperlite
14.3.9 Connelly skis
14.3.10 Ron Marks
14.3.11 AIRHEAD SPORTS GROUP
14.3.12 Ronix