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In the Water Sports Equipment Market Size & Growth Analysis Report, 2022-2028

05-17-2022 11:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The global in-the-water sports equipment market is anticipated to grow at a CAGR of 3.2% during the forecast period (2022-2028).

Water sports equipment is a set of tools and clothing that a person used during water sports activities. This equipment includes wetsuits, dry suits, hard hats, a swimming watch, a wrist dive computer, and many more things. These gears are used in water sports such as rafting, swimming, surfing, and others. Water sports activities are beneficial for health. It decreases the risk for chronic diseases and others, which attracts more people to join the water sports activities. Water sports equipment performs different functions and protects the body during water sports activities. For instance, a drysuit, keeps the body warm, exclusion of water, and provides protection from ultraviolet exposers, and stings from marine organisms.

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A full report of Global In the Water Sports Equipment Market is available at: https://orionmarketreports.com/in-the-water-sports-equipment-market/107817/

The growing number of water sports activities, increased awareness regarding healthy lifestyle are some driving factors for the growth of the global water sports equipment market. Nowadays water sports equipment manufacturers are launching equipment with innovative features, which supports them to stay competitive in the market. In addition, the initiative by the government of several countries to promote water sports are further accelerating the growth of the market.

However, the low demand for this equipment in emerging nations is expected to restrain the growth of the water sports equipment market.
Some major players in the market include Adidas AG, Nike Inc., and Under Armour, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.

The PASHANDOZ brand in water sports equipment adult swimming snorkel diving face mask is made up of silicone material. The goggle lenses used in this are made of tempered glass with good impact resistance. The mask, mouthpiece, and strap are made of food-grade silicone, which is non-toxic and durable. The mouthpiece made of plastic can be sharply folded without any impact on the function.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Product Type
o By Distribution Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Adidas AG, Nike Inc., and Under Armour, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global In the Water Sports Equipment Market Report by Segment

By Type
• Kayaking
• Windsurfing
• Surfing
• Diving
• Others

By Product Type
• Sports Gear
• Sports Apparel

By Application
• Online
• Offline

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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