Surface Water Sports Equipment Market Size to Record USD 11.21 Billion Growth, Increasing participation in surface water sporting activities to be a Key Trend - Technavio

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Oct 10, 2022, 04:00 ET

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- One of the key trends in the surface water sports equipment market includes the increasing participation in surface water sporting activities. The increasing participation in various water sporting activities has also led to a rise in the number of water sports tournaments across the world, further propelling the growth of the market. Across the various sports categories tracked by the Sports and Fitness Industry Association (SFIA), water sports witnessed the largest year-over-year increase in participation at 2.3% in 2022 compared to 2021. Thus, the growing participation in water sports will drive the growth of the market during the forecast period. The global surface water sports equipment market size is expected to grow by USD 11.21 at a CAGR of 7.31% between 2021 to 2026, according to Technavio's latest market report. Get a comprehensive report summary describing the market size and forecast along with research methodology Download Free Sample Report.

Technavio has announced its latest market research report titled Global Surface Water Sports Equipment Market 2022-2026

Surface Water Sports Equipment Market: Vendor Landscape

The surface water sports equipment market is fragmented due to the presence of many global, regional, and local vendors. Vendors are deploying growth strategies such as brand, labor, quality, and innovation to compete in the market. They are also placing a strong emphasis on creating novel products as well as establishing their brands and brand equity.

Surface Water Sports Equipment Market: Key Vendor Offering

Escalade Inc. - The company offers surface water sports equipment such as trampolines, floats, slides, chutes, stand-up paddleboards, and towable tubes.
Imagine Nation Sports LLC - The company offers surface water sports equipment such as hard paddleboards, inflatable paddleboards, and paddles.
Kent Water Sports LLC - The company offers surface water sports equipment under the brands such as Kona, Bote, Freedom Foil, Aqua glide, and Margaritaville.
KJK Sports - The company offers surface water sports equipment such as stand-up paddle toggle, sure toggle, wing toggle, windsurf toggle, kayak toggle, open skiff toggle, and dinghies.
Naish International - The company offers surface water sports equipment such as Wing Surfer LE, Wing Surfer MK4, and Matador.

Surface Water Sports Equipment Market: Major Segmentation

The Surface Water Sports Equipment Market has been segmented into the product (apparel and others), type (surfing, boarding, sailing, skiing, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). By product, the apparel will witness maximum growth during the forecast period owing to the rising popularity of activewear products is likely to spur the growth of this segment, with marketers continually rolling out new lines of water sports equipment to cater to customer requirements. By type, the surfing segment will grow during the forecast period with the establishment of public surfing facilities and artificial reefs, the number of surfers worldwide has increased. By geography, North America will account for 46% of the market's growth during the forecast period. The growing interest in recreational sports activities, the increasing number of overseas and domestic tourists, rapid growth in surfing championships and events, and the presence of prominent vendors will facilitate the surface water sports equipment market growth in North America over the forecast period. To gain insights into the factors impacting the growth of the market Download Free Sample Report.

Surface Water Sports Equipment Market: Major Growth Drivers

The growing number of water sporting facilities globally is one of the major drivers impacting the surface water sports equipment market growth. Water Sports Industry (FAWI) project, which aims to improve facilities for the water sports industry. The project is aimed at professionalizing and economically strengthening the water sports industry through sustainable development, upgrades, quality improvements, and cross-border collaborations in the water sports segment. The growing number of water sporting facilities in various countries around the globe will drive the growth of the market during the forecast period.

Reasons to Buy Surface Water Sports Equipment Market Report:

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist surface water sports equipment market growth during the next five years
Estimation of the surface water sports equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the surface water sports equipment market across North America, Europe, APAC, South America, and Middle East and Africa
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of surface water sports equipment market vendors

Related Reports:

Surface Water Sports Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.31%
Market growth 2022-2026	USD 11.21 billion
Market structure	Fragmented
YoY growth (%)	6.52
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 46%
Key consumer countries	US, Mexico, Australia, France, and Italy
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Absolute Outdoor Inc., AIRE Inc., Belassi GmbH, Blue Sea Watersports, BomBoard LLC, Escalade Inc., Imagine Nation Sports LLC, Johnson Outdoors Inc., Kent Water Sports LLC, KJK Sports, Magnus Amusement Machines Pvt. Ltd., Marine Products Corp., Miami Nautique International, Naish International, North Technology Group LLC, Oriental Recreational Products Shanghai Co. Ltd., Starboard Co. Ltd., Sunny Water Sports Products Pvt. Ltd., SURFTECH LLC, Vanguard Inflatables, and Wing Group
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 25: Chart on Product - Market share 2021-2026 (%)
Exhibit 26: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product

5.3 Apparel - Market size and forecast 2021-2026

Exhibit 29: Chart on Apparel - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Apparel - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Apparel - Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Apparel - Year-over-year growth 2021-2026 (%)

5.4 Others - Market size and forecast 2021-2026

Exhibit 33: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 37: Market opportunity by Product ($ million)

6 Market Segmentation by Type

6.1 Market segments

Exhibit 38: Chart on Type - Market share 2021-2026 (%)
Exhibit 39: Data Table on Type - Market share 2021-2026 (%)

6.2 Comparison by Type

Exhibit 40: Chart on Comparison by Type
Exhibit 41: Data Table on Comparison by Type

6.3 Surfing - Market size and forecast 2021-2026

Exhibit 42: Chart on Surfing - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Surfing - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Surfing - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Surfing - Year-over-year growth 2021-2026 (%)

6.4 Boarding - Market size and forecast 2021-2026

Exhibit 46: Chart on Boarding - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Boarding - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Boarding - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Boarding - Year-over-year growth 2021-2026 (%)

6.5 Sailing - Market size and forecast 2021-2026

Exhibit 50: Chart on Sailing - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Sailing - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Sailing - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Sailing - Year-over-year growth 2021-2026 (%)

6.6 Skiing - Market size and forecast 2021-2026

Exhibit 54: Chart on Skiing - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Skiing - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Skiing - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Skiing - Year-over-year growth 2021-2026 (%)

6.7 Others - Market size and forecast 2021-2026

Exhibit 58: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Others - Year-over-year growth 2021-2026 (%)

6.8 Market opportunity by Type

Exhibit 62: Market opportunity by Type ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 64: Chart on Market share by geography 2021-2026 (%)
Exhibit 65: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 66: Chart on Geographic comparison
Exhibit 67: Data Table on Geographic comparison

8.3 North America - Market size and forecast 2021-2026

Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.4 Europe - Market size and forecast 2021-2026

Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.5 APAC - Market size and forecast 2021-2026

Exhibit 76: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026

Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 US - Market size and forecast 2021-2026

Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)

8.9 France - Market size and forecast 2021-2026

Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)

8.10 Australia - Market size and forecast 2021-2026

Exhibit 96: Chart on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on Australia - Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on Australia - Year-over-year growth 2021-2026 (%)

8.11 Italy - Market size and forecast 2021-2026

Exhibit 100: Chart on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on Italy - Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on Italy - Year-over-year growth 2021-2026 (%)

8.12 Mexico - Market size and forecast 2021-2026

Exhibit 104: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
Exhibit 105: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
Exhibit 106: Chart on Mexico - Year-over-year growth 2021-2026 (%)
Exhibit 107: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

8.13 Market opportunity by geography

Exhibit 108: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 109: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 111: Overview on factors of disruption

10.4 Industry risks

Exhibit 112: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 113: Vendors covered

11.2 Market positioning of vendors

Exhibit 114: Matrix on vendor position and classification

11.3 Belassi GmbH

Exhibit 115: Belassi GmbH - Overview
Exhibit 116: Belassi GmbH - Product / Service
Exhibit 117: Belassi GmbH - Key offerings

11.4 Escalade Inc.

Exhibit 118: Escalade Inc. - Overview
Exhibit 119: Escalade Inc. - Product / Service
Exhibit 120: Escalade Inc. - Key offerings

11.5 Imagine Nation Sports LLC

Exhibit 121: Imagine Nation Sports LLC - Overview
Exhibit 122: Imagine Nation Sports LLC - Product / Service
Exhibit 123: Imagine Nation Sports LLC - Key offerings

11.6 Kent Water Sports LLC

Exhibit 124: Kent Water Sports LLC - Overview
Exhibit 125: Kent Water Sports LLC - Product / Service
Exhibit 126: Kent Water Sports LLC - Key offerings

11.7 KJK Sports

Exhibit 127: KJK Sports - Overview
Exhibit 128: KJK Sports - Product / Service
Exhibit 129: KJK Sports - Key offerings

11.8 Naish International

Exhibit 130: Naish International - Overview
Exhibit 131: Naish International - Product / Service
Exhibit 132: Naish International - Key offerings

11.9 North Technology Group LLC

Exhibit 133: North Technology Group LLC - Overview
Exhibit 134: North Technology Group LLC - Product / Service
Exhibit 135: North Technology Group LLC - Key offerings

11.10 Starboard Co. Ltd.

Exhibit 136: Starboard Co. Ltd. - Overview
Exhibit 137: Starboard Co. Ltd. - Product / Service
Exhibit 138: Starboard Co. Ltd. - Key offerings

11.11 SURFTECH LLC

Exhibit 139: SURFTECH LLC - Overview
Exhibit 140: SURFTECH LLC - Product / Service
Exhibit 141: SURFTECH LLC - Key offerings

11.12 Vanguard Inflatables

Exhibit 142: Vanguard Inflatables - Overview
Exhibit 143: Vanguard Inflatables - Product / Service
Exhibit 144: Vanguard Inflatables - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 145: Inclusions checklist
Exhibit 146: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 147: Currency conversion rates for US$

12.4 Research methodology

Exhibit 148: Research methodology
Exhibit 149: Validation techniques employed for market sizing
Exhibit 150: Information sources

12.5 List of abbreviations

Exhibit 151: List of abbreviations

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