Global Kiteboarding Equipment is Expected To Reach USD 515 Million by 2022 Owing to Rise in Popularity of Kiteboarding as a Sport and Increase in Kiteboarding Championships & Tournaments Worldwide: Ken Research
The report will facilitate the reader with the identification and in-depth analysis of the existing and future trends and issues that impacts the industry and has anticipated growth in the future depending upon changing industry dynamics in coming years. The report is useful for water sports equipment manufacturers, distributors, specialty sporting goods stores, kiteboard equipment manufacturers, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.
• Kiteboarding equipments especially Kiteboards and Kites in the price range of USD 401 – USD 800 are the highest selling products in the market. These are generally bought by retail customers through company stores, specialty stores, online stores and in hypermarkets.
• US has been the market leader in terms of manufacturing and consumption demand of kiteboarding equipments worldwide. Major players operating in the region includes Cabrinha, Naish International and Slingshot. These players would dominate the competition landscape even in the forecast period due to higher investments done towards new product launches and brand marketing activities.
• Owing to rise in stringent government regulations expected in future, protective kiteboarding gear products would continue to dominate sales within the kiteboarding equipment category in the forecast period.
In the recent years it has been observed that an investment for the kiteboarding infrastructure is rising and this shall act as a strong supporting factor for the kiteboarding equipment market. It would result in well-established kiteboarding infrastructure. Sustainability is being considered as the most important factors before production by the manufacturers in the market. Hence, it is expected that more eco-friendly and recyclable equipments shall be introduced in the market in the coming years. Americas is expected to be the leading geographical region in the global kiteboarding equipment market in the coming five years. The region is anticipated to witness an increased participation from the female participants in the coming years raising the overall participation rate in the sports. The region shall be followed by Europe, APAC and MEA. The move to include kiteboarding into the 2020 Tokyo Olympics has been initiated by the World Sailing Executive Committee and the International Olympic Committee (IOC), which is trying to include events that appeal to the youth and encourage gender equity in the Olympic Games. As the sport of kiteboarding meets both criteria, the committee is pushing for its inclusion. The IOC has planned to allocate a medal for the sport. This is expected to raise the popularity of the sport in the coming years.
Analysts at Ken Research in their latest publication “Global Kiteboarding Equipment Market by Equipments (Kite Boards, Accessories, Kites & Protective Gear), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand, by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets and Others) and by Equipment Price-Outlook to 2022” believe that the market would register a CAGR of around 8% during the period 2017-2022.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.
This release was published on openPR.
Permanent link to this press release:
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 Kiteboarding Equipment is Expected To Reach USD 515 Million by 2022 Owing to Rise in Popularity of Kiteboarding as a Sport and Increase in Kiteboarding Championships & Tournaments Worldwide: Ken Research here
News-ID: 1899357 • Views: 122
More Releases from Ken Research
Rising Product Demand in Online Market, Emerging Innovative Products and Demand …
Various untreated mosquito net sellers with a strong foothold in the market, such as 'Vimal Filaments' and 'Archie Mosquito Nets', have started to expand their brand presence on online sales channels and are selling products at a retail margin of 50.0% or more. Specialty modern stores such as 'First Cry' and 'Mee Mee' have started selling infant bed nets since people are willing to pay a premium price for baby products.
Is there an entry space for a Soda Ash Manufacturer in Indonesia: Ken Research
Country Outlook Indonesia, being one of the highest South-East Asian economies is highly dependent on imports for most of its industrial products. Being devoid of any soda ash manufacturing plant, Indonesia is ranked 3rd worldwide for soda ash imports to meet the requirements for rapidly growing local end-user industries. Positives and Negatives Setup of Soda Ash the manufacturing plant will meet the End User Industry consumption requirements in Indonesia and other southeast Asian
Acquisitions and Expansion Activities by Major Players, Introduction of Technolo …
Leading players such as Healthcare at Home are investing heavily in digitizing their business model starting from booking an appointment to monitoring patient's vitals & managing the case on a real time basis. The number of remotely monitored patients in 2016 was estimated to be around 7.1 million and is forecasted to reach approximately 50.2 million by the year ending 2021. Few major players such as Right at Home and Home Instead
How the Face of Cold Chain Industry in Philippines is Changing with Evolvement o …
It was in 2002 when the Philippines cold chain the business really picked up the momentum; And despite the industry accounting only 0.08% of the total GDP in 2019, the demand for cold storage and transport services has been growing year-on-year. Foundations of cold chain industry of the Philippines date back to the 1980s when high average annual temperature ranging from 21C to 32C augmented the demand for low-temperature control
More Releases for Kite
Gene Therapy Market 2019 – 2025 Analysis Scrutinized in new research | Kite Ph …
The Global Gene Therapy market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Gene Therapy Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global
Non Dairy Cheese Market 2019 Global Analysis By Key Players – Daiya Foods, Gal …
Non Dairy Cheese Market 2019 Wiseguyreports.Com adds “Non Dairy Cheese Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Report Details: This report provides in depth study of “Non Dairy Cheese Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Non Dairy Cheese Market report also provides an in-depth survey of key players in the market which is based
T-Cell Immunotherapy Pipeline - Key Players Analysis Novartis, Celllular Biomedi …
The study analyzed that the T-cell immunotherapy pipeline comprised of 139 therapeutic candidates in different stages of development. The high prevalence of cancer across the globe fuels the extensive research and development for the T-cell immunotherapeutic. T-cell immunotherapy is emerging as novel and promising approach for the treatment of cancer. It is gaining huge traction globally, for its several advantages over conventional therapies such as very low or no side effects
Kite Hill Exhibits Full Innovative Product Line At Natural Products Expo West 20 …
Kite Hill, the inventive California-based company that has established itself as the gold standard in artisanal almond milk products, will be showcasing its full roster at this years’ Natural Products Expo West. Trade show attendees will have the opportunity to sample Kite Hill’s breakthrough line of products at booth #8315. As the only company to marry time-honored traditional dairy making techniques with a fresh almond milk base, Kite Hill has
KiteDesk Record Winner for Building World's Largest Kite
Tampa, FL - April 1, 2016 - Area software company can now add World’s Record Holder to list of achievements. KiteDesk is proud to announce it has accomplished a new GUINNESS WORLD RECORDS™ title achievement for constructing the world’s largest kite. This stunning feat was accomplished using over 1,000 yards of nylon, kevlar, and dacron, over 750 dowels, and countless balls of twine. “Our preference would have been to stick with
Omegawave Receives Financing from KITE CAPITAL
Portland, Oregon, USA/Munich, Germany, May 19, 2007 – Omegawave announces it has completed a first growth financing round with KITE CAPITAL. The investment was led by Christian B. Mueller, founder of KITE CAPITAL. Other investors include Dr. Roman Rittweger, founder of Advisors in Healthcare, and senior executives of three leading European private equity firms. As part of today’s announcement, Omegawave appointed Christian B. Mueller and Dr. Roman Rittweger to the