Press release
The water sports industry is focusing on access implanted with automated technology.
The global water sports accessories market was valued at USD 47.2 billion in 2021 and is estimated to reach USD 62.2 billion by 2028, with a CAGR of 4.2% during the forecast period of 2022-2028. Water sports accessories are clothes & tools that a person wears while serving watersports activities such as swimming, snorkeling, rafting, scuba diving, boating, etc. These water sports accessories increase the efficiency of water sports enthusiasts and protect them while serving any watersport activities. These gears include wetsuits, drysuits, safety helmets, swim watches, wrist dive computers, swim masks & goggles, and others. Moreover, these water sports accessories are easily available through various distribution channels, including franchise stores, online stores, supermarkets, specialty stores, etc. The continued growth of online marketing is anticipated to push the growth of the water sports accessories market in terms of value sales during the forecast period.Free Sample Request: https://www.shingetsuresearch.com/sample-request/global-water-sports-accessories-market/
Product Overview in the Global Water Sports Accessories:
Based on product segmental analysis, the market is segmented into Foot Straps, Leashes, Harnesses, Traction Pads and others. Water sports accessories fulfill different functions and protect the body during underwater activities. Traction pads are monopolized the water sport accessories market during the forecast period of 2022-2028. Surfboards traction pads are created to be stuck on the tail of your surfboard (back-end) to stop your back foot from sliding off. A surfboard without any traction or grip is a bit like trying to walk on ice. It just does not stay on your feet; that's why traction pads are very effective and useful in the water sports accessories market.
Distribution Overview in the Global Water Sports Accessories:
The market is segmented online and offline based on distribution channel segmental analysis. The offline segment is classified into sporting goods retailers, hypermarkets, and franchise stores. The franchise store segment also shows the highest market share in the global water sports gear market. The franchise stores offer a greater geographical presence to the manufacturers through which they expand their customer reach, making water sports gear easily accessible to the customers.
Buyer Overview in the Global Water Sports Accessories:
By buyer segmental analysis, the market is segmented into surfboards and individuals. Surfboard dominates the water sport accessories market. Latest surfboards are created of polyurethane or polystyrene foam coated with layers of fiberglass cloth and polyester or epoxy resin. The effect is a light and strong surfboard that is buoyant and maneuverable.
Regional Overview in the Global Water Sports Accessories:
By regional segmental analysis, the market is segmented into North America, Europe, Asia-Pacific, South America and The Middle East & Africa. North America is expected to maintain a substantial share during the forecasted period. On the other side, the European region is expected to hold the second-leading share and further grow with a CAGR of 2.2% during the forecast period. The market in the region garnered a gain of USD 6775.1 Million in the year 2021 and is further cast to reach USD 691.6 Million by the end of 2028. The development of the market in the region can largely be attributed to the increasing trade of boats and water sports accessories.
Read Full Report Description: https://www.shingetsuresearch.com/water-sports-accessories-market/
Global Water Sports Accessories: Competitive Market:
The companies include Speedo International Limited, Arena S.p.A, Apollo Sports USA Inc., Mikasa, Billabong International Limited, KAP & International, Inc., Baden Sports, Inc., Nike Inc., Adidas, AG, Cressi and other prominent players in the global water sports accessories market.
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