Global Riverboarding Gears Market 2018-2022

Global Riverboarding Gears Market 2018-2022

About Riverboarding Gears

Riverboarding is a popular surface water sport and is also known as hydrospeed in the European region and white-water sledging in New Zealand. It is categorized as a boardsport in which the participants navigate through the river rapids by lying prone on different types of riverboards and wearing fins for propulsion. Riverboards, protective gear, and fins are some of the gears used in this high-intensity water sport.

Technavio’s analysts forecast the global riverboarding gears market to grow at a CAGR of 6.70% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global riverboarding gears market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Riverboarding Gears Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Carlson Riverboards
• EXTRACTOR
• FLUID Kayaks
• Kern Riverboards
• MOOVING SARL

Market driver

• Increasing popularity of riverboarding as a competitive sport
• For a full, detailed list, view our report

Market challenge

• Growing market for pre-owned riverboarding gears
• For a full, detailed list, view our report

Market trend

• Rise in water sports facilities worldwide
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Global Riverboarding Gears Market 2018-2022

Technavio recognizes the following companies as the key players in the global riverboarding gears market: Carlson Riverboards, EXTRACTOR, FLUID Kayaks, Kern Riverboards, and MOOVING SARL.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rise in water sports facilities worldwide. Recreational water sports market has been growing at a rapid rate, providing a novel business opportunity to many coastal cities or regions that have water bodies like rivers or lakes. Also, pertaining to the extremely labor-intensive nature of the water sports industry, it additionally creates stable employment opportunities for the local population. As a result, several initiatives are being undertaken to promote the proper growth and expansion of water sports facilities across the globe.”

According to the report, one of the major drivers for this market is the increasing popularity of riverboarding as a competitive sport. Riverboarding is not just a recreational adventure activity since it is also pursued as a competitive sport. Various riverboarding championships and other competitions are held at the local, regional, and national level throughout the year and participants are judged based on factors such as their free-flow style and riverboard controlling skills.

Further, the report states that one of the major factors hindering the growth of this market is the growing market for pre-owned riverboarding gears. Tourists across the world often prefer adventure travel once or twice in a year and they highly prefer renting pre-owned riverboarding gears instead of purchasing them. This drives the growth of pre-owned sports equipment, which impacts the sales of new riverboarding gears.

Companies Mentioned

Carlson Riverboards
EXTRACTOR
FLUID Kayaks
Kern Riverboards
MOOVING SARL