Water Sports Equipment And Accessories Market Analysis - Global Industry Growth, Size, Share, Opportunities & Competitive Analysis, 2016 – 2028

The Global Water Sports Equipment And Accessories Market generated revenue of around USD 6792.5 million in 2021 and is anticipated to grow a CAGR of over 5.80% during the forecast period from 2022 to 2028 to reach around USD 9526.73 million in 2028. While, cumulative growth opportunity presented by the global Water Sports Equipment And Accessories is around USD 2734.23 million during 2022 to 2028.

Growing consumer interest in outdoor recreational activities, combined with greater involvement across all age groups, has fuelled the construction of numerous water sports facilities worldwide. With an increased interest in recreational water sports, the market for water sports equipment and accessories is expected to grow significantly in the coming years. An rising number of novel water sports equipment launches is a new trend that is predicted to considerably contribute to market growth throughout the forecast period. The many steps implemented by various governments to promote water sports and water tourism in their respective countries also contribute to the market's growth. Several nations have initiated programmes to assist the development of water sports facilities, hence boosting the growth of the water sports equipment and accessories market. The water sports equipment market's growth is anticipated to be constrained by the limited penetration of water sport equipment and accessories in developing regions. The market for water sports equipment and accessories is growing, but there are several risks involved with them that could potentially be fatal. Additionally, the government's COVID-19 regulations had an effect on the market's expansion.

The global Water Sports Equipment And Accessories market is segmented into sports type, product type, distribution channel, and Geography. On the basis of sports type, the market is segmented into Swimming, Diving & Snorkeling, Kayaking & Boating, Water Surfing, Water Polo, Water Skiing & Tow Sports. Based on product type the market is categorized into Equipment, and Accessories. On the basis of distribution channel, the market is segmented into online retail and direct retail. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.

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Water Sports Equipment and Accessories Market Scope

Segmentation of Global Water Sports Equipment and Accessories Market-

Global Water Sports Equipment and Accessories Market – By Sport Type

Global Water Sports Equipment and Accessories Market – By Product Type

Global Water Sports Equipment and Accessories Market – By Distribution Channel

"Equipment Garnered Largest Share in 2017"

Based on product type, the water sports equipment & accessories market was led by the equipment type segment in 2017. Water sports equipment are further segmented into surfboards & skis, leash, paddle connectors, boat oars, docking & anchoring equipment, water polo ball, and surf wax/traction pads, towable, etc. among others. Rising popularity of different types of water sporting activities is influencing the growth of this segment. Moreover, continuous innovation and development in the water sports equipment is significantly contributing towards the market growth as consumers prefer purchasing new and improved equipment that are well-suited to their specific needs.

"Swimming, Diving & Snorkeling held Largest Market Share in 2017"

In 2017, the global water sports equipment & accessories market, based on sports type was dominated by the swimming, diving & snorkeling segment and likely to remain dominant in the years to come. Increasing health benefits associated with these water sports is enhancing the growth of this segment. It helps in refining the overall fitness of the body and improves breathing, cardiovascular health, joint mobility, mental health, etc. Further, water surfing likely to grow at a significant rate and emerge as the fastest growing segment during the forecast period from 2018 to 2026. Increasing interest amongst individuals in surfing as a lifestyle sport, easy access to the sport through pools and surf-parks expected to facilitate the growth of this segment.

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1.3.3. Phase III – Expert Panel Review

2.1. Market Snapshot: Global Water Sports Equipment and Accessories Market

3. Market Dynamics & Factors Analysis

3.1.1. Global Water Sports Equipment and Accessories Market Value, 2016-2028, (US$ Bn)

3.4. Porter’s Five Forces Analysis

3.4.2. Bargaining Power of Buyers/Consumers

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.4. Major Strategies Adopted by Key Players

5.1. Global Water Sports Equipment and Accessories Market Pre Vs Post COVID 19, 2019 - 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6.1. North America Water Sports Equipment and Accessories Market, by Country, 2016-2028(US$ Bn)

6.2. North America Water Sports Equipment and Accessories Market, by Product Type, 2016-2028(US$ Bn)

6.3. North America Water Sports Equipment and Accessories Market, by Distribution Channel, 2016-2028(US$ Bn)

6.4. North America Water Sports Equipment and Accessories Market, by Sport Type, 2016-2028(US$ Bn)

6.4.7. Water Skiing & Tow Sports

13.16. Aquatec – Duton Industry Co., Ltd

FIG. 1 Global Water Sports Equipment and Accessories Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Water Sports Equipment and Accessories Market Segmentation

FIG. 4 Global Water Sports Equipment and Accessories Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Water Sports Equipment and Accessories Market, by Product Type, 2019 (US$ Bn)

FIG. 6 Global Water Sports Equipment and Accessories Market, by Sport Type, 2019 (US$ Bn)

FIG. 7 Global Water Sports Equipment and Accessories Market, by Distribution Channel, 2021 (US$ Bn)

FIG. 8 Global Water Sports Equipment and Accessories Market, by Geography, 2021 (US$ Bn)

FIG. 9 Attractive Investment Proposition, by Geography, 2021

FIG. 10 Global Market Positioning of Key Water Sports Equipment and Accessories Market Manufacturers, 2019

FIG. 11 Global Water Sports Equipment and Accessories Market Value Contribution, By Distribution Channel, 2021 & 2028 (Value %)

FIG. 12 Global Water Sports Equipment and Accessories Market, by Online, Value, 2016-2028 (US$ Bn)

FIG. 13 Global Water Sports Equipment and Accessories Market, by Offline, Value, 2016-2028 (US$ Bn)

FIG. 14 Global Water Sports Equipment and Accessories Market Value Contribution, By Product Type, 2021 & 2028 (Value %)

FIG. 15 Global Water Sports Equipment and Accessories Market, by Equipment , 2016-2028 (US$ Bn)

FIG. 16 Global Water Sports Equipment and Accessories Market, by Accessories, Value, 2016-2028 (US$ Bn)

FIG. 17 Global Water Sports Equipment and Accessories Market, by Others, Value, 2016-2028 (US$ Bn)

FIG. 18 Global Water Sports Equipment and Accessories Market Value Contribution, By Sport Type, 2021 & 2028 (Value %)

FIG. 19 Global Water Sports Equipment and Accessories Market, by Diving & Snorkelling, 2016-2028 (US$ Bn)

FIG. 20 Global Water Sports Equipment and Accessories Market, by Consumer goods, 2016-2028 (US$ Bn)

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