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Global Surface Water Sports Equipment Market 2017-2021

Global Surface Water Sports Equipment Market 2017-2021

About Surface Water Sports Equipment

The growing interest in active outdoor recreational activity and the rising number of water sports enthusiasts are expected to be the major growth drivers for the Americas, which is expected to continue leading the market over the next five years. The presence of a large number outdoor sports enthusiasts and water sporting sites across Europe make it the second-largest revenue contributor to the global water sports equipment market. France and Germany are the leading contributors to the market in Europe. APAC is one of the fastest-growing regions in the global water sports equipment market. South Korea and Australia are the prime markets for water sports equipment in the region, along with other prominent sites in Indonesia, Hong Kong, Taiwan, Thailand, and Singapore.

Technavio’s analysts forecast the global surface water sports equipment market to grow at a CAGR of 10.74% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global surface water sports equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of surface water sports equipment.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Surface Water Sports Equipment Market 2017-2021, 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
  • AIRE
  • BIC Sport
  • Naish International
  • O’Brien
  • STARBOARD
Other prominent vendors
  • Airhead SUP Accessories
  • Aqua Marina
  • BELASSI
  • BomBoard
  • IMAGINE PADDLE SURF
  • Rave Sports
  • Solstice Sports
  • Surftech
  • Wing Inflatables
  • Vanguard Inflatables
Market driver
  • Growing number of water sporting facilities globally
  • For a full, detailed list, view our report
Market challenge
  • High degree of risk involved with surface water sports
  • For a full, detailed list, view our report
Market trend
  • Artificial water sporting experiences
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Surface Water Sports Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global surface water equipment market: AIRE, BIC Sport, Naish International, O’Brien, and STARBOARD

Other Prominent Vendors in the market are: Airhead SUP Accessories, Aqua Marina, BELASSI, BomBoard, IMAGINE PADDLE SURF, Rave Sports, Solstice Sports, Surftech, Wing Inflatables, and Vanguard Inflatables

Commenting on the report, an analyst from Technavio’s team said: “Artificial waterbodies for kayaking and rafting are gaining popularity among water sports enthusiasts. The US National Whitewater Center situated in Charlotte, North Carolina, US, has the largest artificial river in the world, which is suitable for rafters and kayakers. The Kielder Water in northern Europe is one of the largest man-made lakes in the region, and has become extremely popular among tourists for canoeing, wind surfing, and water-skiing. Another well-known example is that of surf parks integrated with artificial wave technology. Currently, there are at least 10 to 15 such water surf parks that are scheduled to start operating in the next few years in Russia, Spain, and Hawaii. These artificial, man-made attractions not only provide consumers with a convenient and easier option, but also allow various tourist businesses like resorts and lodging options to thrive.”

According to the report, the recreational water sports market has been growing significantly over the last few years, providing a novel business opportunity to many coastal cities as well as regions that have water bodies like rivers or lakes. Also, as the water sports sector is highly labor intensive, it also creates stable employment opportunities. Most countries have such water sporting activities in small units that are fragmented and, hence, do not always have the necessary investments to grow. Therefore, many initiatives are being undertaken to promote the growth and expansion of water sporting facilities across the globe.

Further, the report states that in the present market scenario, surface water sports equipment manufacturers are experiencing fluctuations in their profit margins owing to the fluctuating prices of raw materials and the increasing vendor competition. Because of the low establishment costs, an influx of local players has been observed in recent years. The emergence of local players leads to price wars among competitors, which force global competitors to reduce their product prices, in turn reducing their profit margins.

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Companies Mentioned

AIRE, BIC Sport, Naish International, O’Brien, STARBOARD, Airhead SUP Accessories, Aqua Marina, BELASSI, BomBoard, IMAGINE PADDLE SURF, Rave Sports, Solstice Sports, Surftech, Wing Inflatables, and Vanguard Inflatables

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Global water sports equipment market
      • Table Global water sports equipment market by sport type
    • Global surface water sports equipment market
      • Table Popular surface water sports
      • Table Global surface water sports equipment market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global surface water sports equipment market by product type
      • Table Global surface water sports equipment market by product type 2016 and 2021
    • Global paddle sports equipment market
      • Table Global paddle sports equipment market 2016-2021 ($ billions)
    • Global board sports equipment market
      • Table Global board sports equipment market 2016-2021 ($ billions)
    • Global ski sports equipment market
      • Table Global ski sports equipment market 2016-2021 ($ billions)
  • Market segmentation by retail format
    • Global surface water sports equipment by retail format
      • Table Global surface water sports equipment market by retail format
      • Table Global surface water sports equipment market by retail format 2016
      • Table Global surface water sports equipment market by retail format 2021
      • Table Global surface water sports equipment market by retail format 2016 and 2021 ($ billions)
      • Table Analysis of different retail formats based on key parameters
  • Geographical segmentation
    • Global surface water sports equipment by geography
      • Table Global surface water sports equipment market by geography 2016 and 2021
    • Surface water sports equipment market in the Americas
      • Table Surface water sports equipment market in the Americas 2016-2021 ($ billions)
    • Surface water sports equipment market in Europe
      • Table Surface water sports equipment market in Europe 2016-2021 ($ billions)
    • Surface water sports equipment market in ROW
      • Table Surface water sports equipment market in ROW 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Artificial water sporting experiences
    • Fitness benefits associated with surface water sports
    • Novel surface water sporting activities
  • Vendor landscape
    • Competitive scenario
      • Table Major players in global surface water sports equipment market
      • Table Global surface water sports equipment market: Radar chart analysis
    • AIRE
      • Table AIRE: Product portfolio
    • BIC Sport
      • Table BIC Sport: Net sales by geography 2015
      • Table BIC Sport: Product portfolio
    • Naish International
      • Table Naish International: Product portfolio
    • O'Brien
      • Table O'Brien: Product overview
    • STARBOARD
      • Table STARBOARD: Product portfolio
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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