Market Overview:
The global water sports equipment and accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of water sports, rising disposable income, and growing demand for premium quality products. The global water sports equipment and accessories market can be segmented on the basis of type into equipment and accessories. On the basis of application, the market can be segmented into online retail and direct retail. Geographically, the global water sports equipment and accessories market can be segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
Product Definition:
Water sports equipment and accessories are items that are used for activities such as swimming, diving, surfing, and kayaking. These items can include things like swim goggles, flippers, surfboards, and kayaks. The importance of water sports equipment and accessories lies in their ability to make these activities safer and more enjoyable.
Equipment:
Water sports equipment and accessories are the products used for recreational activities like swimming, surfing, boating or any other water-based sports. The market is expected to witness significant growth over the forecast period owing to increasing health awareness among people and growing disposable income levels in developing countries.
The global market was valued at USD 44.5 billion in 2014.
Accessories:
An accessory is a device or an appurtenance that is attached to or integrated with another product for improving its functionality, performance, quality and/or appearance in various water sports. The most common types of accessories include snorkeling masks & goggles, swimming caps & hats, fins & surfboards and wet suits.
Application Insights:
The online retail segment dominated the global water sports equipment and accessories market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to factors such as increasing internet penetration across the globe, rising disposable income among consumers, and rapid urbanization that has led to an increase in spending on recreational activities such as swimming and surfing. Moreover, companies are investing significantly in building their e-commerce business by launching new products with enhanced features that appeal to a wider consumer base. For instance, Body Glove introduced a waterproof Bluetooth earpiece under its WaterFlex series with noise cancellation technology for swimmers who need to stay focused while training or competing at their peak performance level.
The direct retail segment is expected witness significant growth over the forecast period owing to growing popularity of aquatic activities among adults along with children across various regions including North America.
Regional Analysis:
North America dominated the global water sports equipment and accessories market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing participation in water sports activities, presence of a large number of manufacturers and suppliers, easy availability of quality products, and high disposable income among consumers.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in spending power among middle-class population groups coupled with rising disposable incomes especially in developing countries such as China & India. Furthermore, government initiatives encouraging people from all age groups including kids are likely to contribute towards increased product sales across this region during the forecast period from 2018 to 2030 (USD Mn).
Europe was valued at USD X billion (EUR 2.3 billion)in 2017 owing both volume (high demand/low supply).
Growth Factors:
- Increasing popularity of water sports and activities: The increasing popularity of water sports and activities is one of the key growth drivers for the global water sports equipment and accessories market. This is because people are becoming more health conscious and are looking for new ways to stay fit and active. Water sports offer a great way to stay active, have fun, and enjoy the outdoors.
- Rising disposable income: Another key growth driver for the global water sports equipment market is rising disposable income levels in emerging markets such as China, India, Brazil, etc. This is because as disposable incomes rise, people have more money to spend on leisure activities such as water sports.
- Growing awareness about health benefits of aquatic exercise: There has been a growing awareness about the health benefits of aquatic exercise in recent years among both consumers and healthcare professionals alike. This has led to an increase in demand for aquatic fitness equipment such as treadmills, bikes etc., which are used for exercising in swimming pools or open waters respectively thereby driving demand for related accessories too..
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Sports Equipment And Accessories Market Research Report
By Type
Equipment, Accessories
By Application
Online Retail, Direct Retail
By Companies
Speedo International Limited, Arena S.p.A., Apollo Sports USA Inc., Mikasa, Billabong International Limited, KAP7 International, Inc., Baden Sports, Inc., Nike, Inc., Adidas AG, Aqua Lung International, Cressi, Seavenger, Sherwood Scuba, Johnson Outdoors, Inc., Beuchat, Aquatec - Duton Industry Co., Ltd.
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Water Sports Equipment And Accessories Market Report Segments:
The global Water Sports Equipment And Accessories market is segmented on the basis of:
Types
Equipment, Accessories
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
Online Retail, Direct Retail
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:
- Speedo International Limited
- Arena S.p.A.
- Apollo Sports USA Inc.
- Mikasa
- Billabong International Limited
- KAP7 International, Inc.
- Baden Sports, Inc.
- Nike, Inc.
- Adidas AG
- Aqua Lung International
- Cressi
- Seavenger
- Sherwood Scuba
- Johnson Outdoors, Inc.
- Beuchat
- Aquatec - Duton Industry Co., Ltd.
Highlights of The Water Sports Equipment And Accessories 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:
- Equipment
- Accessories
- By Application:
- Online Retail
- Direct Retail
- 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 Water Sports Equipment And Accessories 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?
Water sports equipment and accessories are items used for enjoying water activities such as swimming, boating, surfing, and kayaking. These items can include swim fins, lifejackets, paddles, helmets, and other safety gear.
Some of the major players in the water sports equipment and accessories market are Speedo International Limited, Arena S.p.A., Apollo Sports USA Inc., Mikasa, Billabong International Limited, KAP7 International, Inc., Baden Sports, Inc., Nike, Inc., Adidas AG, Aqua Lung International, Cressi, Seavenger, Sherwood Scuba, Johnson Outdoors, Inc., Beuchat, Aquatec - Duton Industry Co., Ltd..
The water sports equipment and accessories market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size & Forecast, 2018-2028
4.5.1 Water Sports Equipment And Accessories Market Size and Y-o-Y Growth
4.5.2 Water Sports Equipment And Accessories Market Absolute $ Opportunity
Chapter 5 Global Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Type
5.2.1 Equipment
5.2.2 Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Applications
6.2.1 Online Retail
6.2.2 Direct Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Analysis and Forecast
9.1 Introduction
9.2 North America Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Type
9.6.1 Equipment
9.6.2 Accessories
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 Water Sports Equipment And Accessories Market Size Forecast by Applications
9.10.1 Online Retail
9.10.2 Direct Retail
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 Water Sports Equipment And Accessories Analysis and Forecast
10.1 Introduction
10.2 Europe Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Type
10.6.1 Equipment
10.6.2 Accessories
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 Water Sports Equipment And Accessories Market Size Forecast by Applications
10.10.1 Online Retail
10.10.2 Direct Retail
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 Water Sports Equipment And Accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Type
11.6.1 Equipment
11.6.2 Accessories
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 Water Sports Equipment And Accessories Market Size Forecast by Applications
11.10.1 Online Retail
11.10.2 Direct Retail
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 Water Sports Equipment And Accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America Water Sports Equipment And Accessories 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 Water Sports Equipment And Accessories Market Size Forecast by Type
12.6.1 Equipment
12.6.2 Accessories
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 Water Sports Equipment And Accessories Market Size Forecast by Applications
12.10.1 Online Retail
12.10.2 Direct Retail
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) Water Sports Equipment And Accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Water Sports Equipment And Accessories 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) Water Sports Equipment And Accessories Market Size Forecast by Type
13.6.1 Equipment
13.6.2 Accessories
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) Water Sports Equipment And Accessories Market Size Forecast by Applications
13.10.1 Online Retail
13.10.2 Direct Retail
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 Water Sports Equipment And Accessories Market: Competitive Dashboard
14.2 Global Water Sports Equipment And Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Speedo International Limited
14.3.2 Arena S.p.A.
14.3.3 Apollo Sports USA Inc.
14.3.4 Mikasa
14.3.5 Billabong International Limited
14.3.6 KAP7 International, Inc.
14.3.7 Baden Sports, Inc.
14.3.8 Nike, Inc.
14.3.9 Adidas AG
14.3.10 Aqua Lung International
14.3.11 Cressi
14.3.12 Seavenger
14.3.13 Sherwood Scuba
14.3.14 Johnson Outdoors, Inc.
14.3.15 Beuchat
14.3.16 Aquatec – Duton Industry Co., Ltd.
