Press release
Global Wetsuit Market Evaluation Targets Advancement Anticipated until 2026 || Market Participants- Rip Curl, Helly Hansen, Billabong international, Quiksilver Inc., Boz Wetsuits, Buell Wetsuits
Report SummaryThe global wetsuit market is estimated to gain traction due to increasing awareness about water sports worldwide. Wetsuits are made using closed-cell neoprene with large uniform bubbles. The neoprene used for wetsuits is lined with fabric and sprays for addition of strength and color. The thickness of wetsuit ranges between 1 mm to 9 mm, with 3 mm used for warm water, 5 mm for temperate water and 7 mm for cold water. Wetsuits are made from multiple layers to trap and reflect heat. Some wetsuits are also lined with titanium or copper for reflection of body heat back inside. Wetsuits are worn underwater to protect the body from the cooling effect of water and cuts & scrapes. Upon wearing a wetsuit, the body rapidly heats the thin layer of water that gets in while providing insulation from the cool surrounding water. Wetsuits are used for water sports activities such as scuba diving, and surfing.
Increasing living standards and growing trend of water sports boost the growth of Wetsuit market
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There has been a growing demand for water sports and adventure activities which drives the growth of the market. The rise in disposable income and improving living standards encourage consumers to take part in adventure activities, supporting the growth of the market. The significant growth in demand for activities such as scuba diving, and surfing has increased the adoption of wetsuits worldwide. The significant increase in the number of women participating in water sports, growth of e-commerce platforms, and improving living standards are other factors supporting the growth of the market. Supportive initiatives from governments and private organizations to promote water activities have accelerated the adoption of wetsuits across the globe.
However, increasing adoption of dry suits, and seasonality of water sports activities hampers the global wetsuit market.
Global Wetsuit Market Taxonomy
The global Wetsuit market is segmented on the basis of application, type, and geography.
By Type
• Steamers
• Shorties
• Others
By Application
• Surfing
• Scuba Diving
• Triathlon
• Others
Geographically, the global Wetsuit market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Increasing demand for water activities and supportive initiatives by organizations boost the market growth in North America
On the basis of geography, North America is expected to dominate the global wetsuit market over forecast period. The increasing population, and growing demand for water sports drive the growth of this market. Increasing initiatives by governments and private organizations to support surfing and diving activities are expected to boost the adoption of wetsuits. Technological advancements in artificial waves and development of wave parks further increase the adoption of wetsuit market in the region. Asia-Pacific is expected to grow at the highest growth during the forecast period owing to growing preference of consumers towards surfing and diving activities, and increasing disposable income in countries such as China, Japan, and India among others.
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Key players in the global Wetsuit market are:
• Billabong international
• Quiksilver Inc.
• Rip Curl
• Helly Hansen
• Carapace Wetsuits
• Boz Wetsuits
• Arena Italia SPA
• Body Glove
• Buell Wetsuits
• O’Neill
• Patagonia
• Glidz Wetsuits
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact us
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com
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