openPR Logo
Press release

Global Kayak Market Forecast, Trend Analysis & Competition Assessment by 2026

06-12-2018 03:31 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of Kayak Market. The study is titled as “Kayak Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the Global Kayak Market.

Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=530

With water sport season drawing near, sales of kayaks have revved up worldwide. Swift activities are being undertaken related to construction of artificial waterbodies, so as to enable sports enthusiasts in pursuing kayaking. With indoor adventure sports gaining enormous popularity, enthusiasts are able to participate in the sport although staying far away from relevant water bodies. Awareness about fitness & health has been rapidly surging among the common public, encouraging them to take part in water sports such as kayaking and rafting.

As these activities act as effective cardiovascular workout, people across the globe are increasingly taking interest in the sport. Improved balance & coordination, provision of endurance training, and strength build-up are key benefits of kayaking that are driving its popularity. Apart from the provision of health benefits, kayaking also enables individuals in having a close interaction with nature, which in turn helps in reducing tension and stress. Gradual realization of benefits associated with kayaking has been attracting more individuals towards the sport, thereby driving sales of kayaks.

According to a new research study of Fact.MR, the global kayak market will exhibit a moderate rise during the forecast period, 2017 to 2026.

Sports variety stores and modern trade channels offer popular brands of kayak, which has made them attractive shopping destinations. These sales channels enable a closer evaluation of the products, meanwhile providing the required intelligence and support to customers. Presence of expert customer service personnel has further propelled popularity of these sales channel in the global kayak market. Sports variety stores and modern trade are set to account for the largest revenue shares of the market during the forecast period.

Pervasiveness in high demand for recreational kayak will remain intact in the upcoming years. Recreational kayak will continue to be sought-after among various products available in the market, as these are suitable for paddlers with all abilities in light of their characteristics such as ease of paddling & comfort, stability, and user-friendly design. Revenues from recreational kayak sales will remain slightly larger than those from touring and racing product segments combined.

Key Projections on Future of Kayak Market for the Forecast Period 2017-2026

1) North America is set to record the fastest kayak sales expansion through 2026, trailed by Asia-Pacific excluding Japan. Revenues from kayak sales in North America will account for bulk share of the market during 2017 to 2026.
2) Revenues from kayak sales in Europe and APEJ are also anticipated to remain significant. In contrast, revenues from kayak sales in Middle-East & Africa and Latin America will continue to be sluggish.
3) Recreational kayak are expected to remain dominant among products in the global kayak market. Approximately half revenue share of the market is projected to be held by recreational kayak during the forecast period.
4) Touring kayaks are also expected to endure as popular product in the market, with sales poised to exceed revenues worth US$ 160 Mn by 2026-end. Racing kayaks, on the other hand, will continue to remain the least lucrative product in the market.
5) In terms of revenues, sports variety stores are set to spearhead the global kayak market on the basis of sales channels, followed by modern trade channels and third party online channel. Direct to customer online channel will account for the smallest market revenue share during 2017 to 2026.

Browse Full Report with TOC @https://www.factmr.com/report/530/kayak-market

Competition Tracking

The global kayak market is relatively more competitive across established western markets. Prevailing competition along with technological upgrades that have been and are being made in kayaks is likely to have a positive influence on the market expansion. In a bid to acquire a competitive advantage, distinguishing product & service offerings via a unique and clear value proposition has become imperative for prominent players in the global kayak market.

While new market entrants are focusing on product innovation, established players are competing one another in terms of brand, quality, and cost. Key players supporting expansion of the market, as identified by the report, include Advanced Elements, Aqua Xtreme, Klepper Faltbootwerft, BIC Sport, Nautiraid, and TRAK Kayaks.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=530

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports MarketResearch Reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Follow us on LinkedIn: https://www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Kayak Market Forecast, Trend Analysis & Competition Assessment by 2026 here

News-ID: 1079392 • Views: 231

More Releases from Fact.MR

Cold box Module Market Aims to Expand at Double-Digit Growth Rate Covid-19 Analy …
The New Report "Cold box Module Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Cold box Module market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2016
Heating tape Market will touch a new level in upcoming year Growth 2021-2031 | F …
The New Report "Heating tape Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Heating tape market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2013 Through the
Cryogenic Column Market to Signify Strong Growth by 2021-2031 | Universal Indust …
The New Report "Cryogenic Column Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Cryogenic Column market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2011 Through the
Chondroitin Sulfate Market Growth, Overview with Detailed Analysis 2021-2031 | S …
The New Report "Chondroitin Sulfate Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Chondroitin Sulfate market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2006 Through the

All 5 Releases


More Releases for Kayak

03-17-2021 | Sports
Fact.MR
Kayak Market to Increase Exponentially During 2026
According to a new research study of Fact.MR, the global kayak market will exhibit a moderate rise during the forecast period, 2017 to 2026. Top-Notch Fishing Kayaks offered by Manufacturers to Influence the Market Expansion With the season of water sports being in close proximity of enthusiasts, kayak sales are witnessing a significant surge across the globe. Fishing kayaks account for majority of the sales. If You Want To Know More About
Kayak Trolling Motor Market to Garner Brimming Revenues by 2030
Kayak Trolling Motor Market: Introduction: A kayak is a small, narrow watercraft which is propelled by either of double-bladed paddle or electric kayak trolling motor. The motor which is used to propel the kayak is known as kayak trolling motor. The kayak trolling motor is a vital equipment for kayaking in sea or in fresh waters. Furthermore, the kayak trolling motor market can be segmented into three types including, bow mount,
Global Kayak Accessories Market Analysis by 2020-2025
Global Info Research offers a latest published report on Kayak Accessories Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Kayak Accessories Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/Global-Kayak-Accessories_p510683.html Market
Kayak and Kayak Accessories Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Kayak and Kayak Accessories market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Kayak and Kayak Accessoriesmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of Kayak and Kayak Accessoriesmarket, market definition,
Global Kayak and Kayak Accessories Market Analysis by 2020-2025
Global Info Research offers a latest published report on Kayak and Kayak Accessories Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Kayak and Kayak Accessories Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full
Global Canoe-Kayak Accessories Market Research Report 2017
Summary This report studies Canoe-Kayak Accessories in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering North Water HIKO sport Aquadesign Peakuk PSP Marine Tapes Advanced Elements RTM Kayaks Klepper Aire Aquarius Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=788294&ptitle=Global+Canoe-Kayak+Accessories+Market+Research+Report+2017&req=Sample Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Canoe-Kayak