Market Overview:
The global watersports suits 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 awareness about the health benefits associated with water sports. The global watersports suits market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into wetsuits, life jackets, swimwears, and other products. Wetsuits are further sub-segmented into neoprene wetsuits and non-neoprene wetsuits. Life jackets are further sub-segmented into inflatable life jackets and foam life jackets. On the basis of application, professional athletes account for a major share in terms of revenue in this market followed by amateur athletes segments respectively . However , there exists potential for growth in other applications such as tourism & recreational activities which offer immense opportunity owing to increase spending capacity by consumers across regions .
Product Definition:
A watersports suit is a type of clothing designed to be worn while participating in water sports, such as swimming, surfing, and diving. The purpose of a watersports suit is to provide protection from the elements and to keep the wearer warm and comfortable.
Wetsuits:
Wetsuit is a type of neoprene suit, which is made from the closed cell polymer and it's sole purpose is to provide thermal insulation. The suits are waterproof and can be worn under water for a long time. Wetsuit was initially designed for surfing but now they are used in different sports as well like surfing, bodyboarding, wakeboarding among others.
Life Jackets:
Life jackets are wearable devices that help in preventing the wearer from accidental drowning. They work on the principle of resistance to underwater pressure and provide a floatation device in case of being capsized by waves or thrown out of the boat.
Application Insights:
The professional application segment held the largest share of over 70.0% in 2017. The rising number of water sports events including surfing, wakeboarding, waterskiing and skydiving is expected to increase the demand for recreational activities among the professionals. Furthermore, increasing investments by government bodies and private companies in promoting tourism is anticipated to boost the overall industry growth during future years.
Amateur applications are expected to witness significant growth over the forecast period owing to increased participation levels across various countries including China, India, Australia and New Zealand among others. Increasing leisure time spending by adults on water sports activities such as surfing has boosted this segment significantly since past few years along with professional applications which was earlier observed only in western countries like U.S., UK etcetera).
Regional Analysis:
North America dominated the global watersports suits market in 2017. The region is expected to witness a growth rate of 3.9% over the forecast period, owing to an increase in water-related sports activities and participation rates. In addition, increasing awareness regarding personal safety while swimming at beaches is anticipated to fuel product demand in North America watersports suit market over the forecast period.
Asia Pacific was estimated as the second-largest regional segment by revenue in 2017 and this trend is expected to continue until 2030 due to growing popularity of watersports across countries such as China, India, Australia among others are anticipated boost industry growth during the forecast period The Middle East & Africa region accounted for a small share of global revenues but it’s likely that this will change with time as more people become aware of these products benefits especially for water sports events and competitions held annually across countries such as UAE (UAE), Saudi Arabia (KSA).
Growth Factors:
- Increasing popularity of water sports and adventure activities
- Rising disposable income of consumers
- Growing demand for premium quality products
- Proliferation of online retailing platforms
- Expansion of global tourism industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Watersports Suits Market Research Report
By Type
Wetsuits, Life Jackets, Swimwears, Other
By Application
Professional, Amateur
By Companies
Magic Marine, Gul, Mystic, TWF International Ltd., Neo Sport, Jobe Sports, Gaastra Wetsuits, Body Glove, Pro-Limit, Tribord, Marinepool, O'Neill, Gill Marine, Underwave, Vade Retro, LALIZAS, Bare, Cressi-Sub, Gun Sails, Zhik Pty, Crewsaver, Ron Marks, Typhoon International
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Watersports Suits Market Report Segments:
The global Watersports Suits market is segmented on the basis of:
Types
Wetsuits, Life Jackets, Swimwears, Other
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
Professional, Amateur
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:
- Magic Marine
- Gul
- Mystic
- TWF International Ltd.
- Neo Sport
- Jobe Sports
- Gaastra Wetsuits
- Body Glove
- Pro-Limit
- Tribord
- Marinepool
- O'Neill
- Gill Marine
- Underwave
- Vade Retro
- LALIZAS
- Bare
- Cressi-Sub
- Gun Sails
- Zhik Pty
- Crewsaver
- Ron Marks
- Typhoon International
Highlights of The Watersports Suits 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:
- Wetsuits
- Life Jackets
- Swimwears
- Other
- By Application:
- Professional
- Amateur
- 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 Watersports Suits 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Watersports suits are a type of clothing that is designed to protect the wearer from water damage. They typically consist of a waterproof jacket and pants, as well as special boots or shoes that help keep the wearer's feet dry. Watersports suits can also include features such as hoods and raincoats to help protect the wearer from wind and rain.
Some of the major players in the watersports suits market are Magic Marine, Gul, Mystic, TWF International Ltd., Neo Sport, Jobe Sports, Gaastra Wetsuits, Body Glove, Pro-Limit, Tribord, Marinepool, O'Neill, Gill Marine, Underwave, Vade Retro, LALIZAS, Bare, Cressi-Sub, Gun Sails, Zhik Pty, Crewsaver, Ron Marks, Typhoon International.
The watersports suits market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Watersports Suits Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Watersports Suits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Watersports Suits Market - Supply Chain
4.5. Global Watersports Suits Market Forecast
4.5.1. Watersports Suits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Watersports Suits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Watersports Suits Market Absolute $ Opportunity
5. Global Watersports Suits Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Watersports Suits Market Size and Volume Forecast by Type
5.3.1. Wetsuits
5.3.2. Life Jackets
5.3.3. Swimwears
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Watersports Suits Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Watersports Suits Market Size and Volume Forecast by Application
6.3.1. Professional
6.3.2. Amateur
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Watersports Suits Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Watersports Suits Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Watersports Suits Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Watersports Suits Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Watersports Suits Demand Share Forecast, 2019-2026
9. North America Watersports Suits Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Watersports Suits Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Watersports Suits Market Size and Volume Forecast by Application
9.4.1. Professional
9.4.2. Amateur
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Watersports Suits Market Size and Volume Forecast by Type
9.7.1. Wetsuits
9.7.2. Life Jackets
9.7.3. Swimwears
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Watersports Suits Demand Share Forecast, 2019-2026
10. Latin America Watersports Suits Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Watersports Suits Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Watersports Suits Market Size and Volume Forecast by Application
10.4.1. Professional
10.4.2. Amateur
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Watersports Suits Market Size and Volume Forecast by Type
10.7.1. Wetsuits
10.7.2. Life Jackets
10.7.3. Swimwears
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Watersports Suits Demand Share Forecast, 2019-2026
11. Europe Watersports Suits Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Watersports Suits Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Watersports Suits Market Size and Volume Forecast by Application
11.4.1. Professional
11.4.2. Amateur
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Watersports Suits Market Size and Volume Forecast by Type
11.7.1. Wetsuits
11.7.2. Life Jackets
11.7.3. Swimwears
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Watersports Suits Demand Share, 2019-2026
12. Asia Pacific Watersports Suits Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Watersports Suits Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Watersports Suits Market Size and Volume Forecast by Application
12.4.1. Professional
12.4.2. Amateur
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Watersports Suits Market Size and Volume Forecast by Type
12.7.1. Wetsuits
12.7.2. Life Jackets
12.7.3. Swimwears
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Watersports Suits Demand Share, 2019-2026
13. Middle East & Africa Watersports Suits Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Watersports Suits Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Watersports Suits Market Size and Volume Forecast by Application
13.4.1. Professional
13.4.2. Amateur
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Watersports Suits Market Size and Volume Forecast by Type
13.7.1. Wetsuits
13.7.2. Life Jackets
13.7.3. Swimwears
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Watersports Suits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Watersports Suits Market: Market Share Analysis
14.2. Watersports Suits Distributors and Customers
14.3. Watersports Suits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Magic Marine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gul
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mystic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TWF International Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Neo Sport
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jobe Sports
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gaastra Wetsuits
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Body Glove
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pro-Limit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tribord
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Marinepool
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. O'Neill
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gill Marine
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Underwave
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vade Retro
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LALIZAS
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Bare
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Cressi-Sub
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Gun Sails
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Zhik Pty
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
