Rowing boats and kayaks are popular watercraft used worldwide for different activities. Rowing boats propel forward with oars and come in forms like sculls and sweep boats, mainly for competitive rowing and leisure. Kayaks use a double-bladed paddle and are usually closed-deck, suited for diverse activities such as touring, white water rafting, and fishing. Both types offer various designs tailored to specific water conditions and personal preferences, showcasing their widespread appeal and versatility across different aquatic settings.
Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/global-rowing-boats-and-kayaks-market
Global Rowing Boats and Kayaks Market is expected to reach USD 18.33 billion by 2031 from USD 11.98 billion in 2023, growing with CAGR of 5.5% during forecast period of 2024 to 2031.
Key Findings of the Study
- Growth in Adventure Tourism Across the Globe
The growing tourism and recreational interest in water sports are driving strong demand for rowing boats and kayaks on a global scale. These activities are increasingly favored by travellers seeking immersive outdoor experiences in natural aquatic settings such as coastal areas, lakes, and rivers.
Coastal regions are prime destinations for water sports enthusiasts, offering scenic beauty and diverse marine environments. Tourists visit coastal towns, islands, and peninsulas where they can rent kayaks or join guided tours to explore rugged coastlines, sea caves, and vibrant marine life. This not only satisfies recreational desires but also stimulates local economies through equipment rentals, tour fees, and related services like accommodations and dining. In addition, the growth in tourism has prompted significant investments in infrastructure to support water sports activities, including enhancements in access points, rental facilities, and safety measures. Marketing initiatives through travel agencies, digital platforms, and local promotions emphasize the accessibility and allure of kayaking and rowing adventures, encouraging more tourists to engage during their visits.
The expansion of tourism and recreational activities centered on water sports is driving substantial demand for rowing boats and kayaks. This trend not only boosts tourism revenues but also supports the sustainable development and conservation of natural aquatic environments worldwide and is also expected to drive the growth of global rowing boats and kayaks market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016 - 2021)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Product Type (Rowing Boats and Kayaks), Material (Plastic, Composite Materials, Inflatable Materials, Wood, and Metal), By End User/Consumer (Recreational Users, Professional Users, and Military & Rescue Operations)
|
|
Countries Covered
|
U.S., Canada, Mexico, China, Australia, Japan, India, South Korea, New Zealand, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Germany, France, U.K., Belgium, Turkey, Italy, Netherlands, Spain, Russia, Switzerland, Rest Of Europe, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., Bahrain, Egypt, South Africa, and Rest of Middle East And Africa
|
|
Market Players Covered
|
Empacher (Germany), Fluidesign Inc. (Canada), Swift International (China), POCOCK (U.S.), Falcon Racing Europe (France), Baumgarten Bootsbau (Germany), Echo Rowing (U.S.), Sun Dolphin Boats (U.S.), Eddyline Kayaks (U.S.), Laszlo Boats NZ (New Zealand), Filippi Lido srl (Italy), Hudson Boat Works (Canada), Vespoli USA, Inc. (U.S.), Carl Douglas Racing Shells (U.K.), Hobie Cat Company (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Segment Analysis
The global rowing boats and kayaks market is segmented into three notable segments based on product type, material, and end user/consumer.
- On the basis of product type, the market is segmented into rowing boats and kayaks
In 2024, the rowing boats segment is expected to dominate the global Rowing boats and kayaks market
In 2024, the rowing boats segment is expected to dominate the market with a market share of 95.31% due to rising interest in competitive rowing and recreational activities, driving demand and innovation in the market.
- On the basis of material, the market is segmented into plastic, composite materials, inflatable materials, wood, and metal
In 2024, the plastic segment is expected to dominate the global Rowing boats and kayaks market
In 2024, the plastic segment is expected to dominate the market with a 39.37% market due to its cost-effectiveness, durability, and versatility. Innovations in plastic technology enhance performance and sustainability, making it a preferred material across multiple applications.
- On the basis of end user/consumer, the market is segmented into recreational users, professional users, military & rescue operations. In 2024, the recreational segment is expected to dominate the market with a 58.02%
Major Players
Data Bridge Market Research analyzes Hobie Cat Company (U.S.), Eddyline Kayaks (U.S.), FILIPPI LIDO SRL (Italy), Empacher (Germany), Baumgarten Bootsbau (Germany) as the major players in the global rowing boats and kayaks market.
Market Developments
- In August 2024, FILIPPI LIDO SRL boats shine at the Paris 2024 Games, winning 27 medals including 9 golds. Notable successes included a historic gold for the US men's four and four golds on August 1st
- In February 2024, Empacher launched a new fin series that will merge the strengths of aluminum and carbon fins for enhanced stability across all speeds. Redesigned with optimized flow area and angles, they minimize drag and debris entanglement, improving durability and rowing efficiency
- In January 2024, Empacher launched its X C R 54, which is a newly designed 4+ and 4x model, that is positioned as the successor to the Quad 44, tailored for rowers weighing 80kg to 95kg. It boasts a streamlined build with narrower waterline width and reduced draft, enhancing speed and stability, and offers versatile rigger interchangeability
- In December 2023, Vespoli new VHP40 Quad and VHP56 Eight have been launched with carbon or aluminum riggers. The feature is upgraded VHP23 footboards and seat tops that boost performance, and the VHP Fin offers improved stability and durability
- In November 2021, the company opened a new production facility in Queretaro, Mexico, to meet high demand while maintaining US-based manufacturing and commitment to quality and innovation
Regional Analysis
Geographically, the countries covered in the global rowing boats and kayaks market report are U.S., Canada, Mexico, China, Australia, Japan, India, South Korea, New Zealand, Singapore, Thailand, Malaysia, Philippines, Indonesia, rest of Asia-Pacific, Germany, France, U.K., Belgium, Turkey, Italy, Netherlands, Spain, Russia, Switzerland, rest of Europe, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., Bahrain, Egypt, South Africa, and rest of Middle East And Africa.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global Rowing boats and kayaks market
North America is expected to dominate the market due to due to its well-established water sports infrastructure, extensive recreational waterways, and high consumer spending on outdoor activities. Additionally, the region benefits from a strong presence of leading manufacturers and retailers, catering to both competitive and recreational enthusiasts.
Europe is estimated to be the fastest-growing region in the global Rowing boats and kayaks market
Europe is expected to fastest growing region due to increasing participation in water sports and growing investment in recreational and competitive facilities. The region's diverse waterways and rising interest in outdoor activities.
For more detailed information about the global Rowing boats and kayaks market report, click here – https://www.databridgemarketresearch.com/ko/reports/global-rowing-boats-and-kayaks-market
