Global Canoe and Kayak Market, By Type (Canoes and Kayaks, Accessories), Product Type (Rigid, Folding, Inflatable), Applications (Recreational, Touring, Racing Activities), Distribution Channel (Sports Goods Retailers, Online Retail, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Canoe and Kayak Market
The canoe and kayak market is expected to witness market growth at a rate of 2.50% in the forecast period of 2022 to 2029. Data Bridge Market Research report on canoe and kayak market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of canoe and kayak market.
A canoe refers to an open vessel with the person that either sits or kneels inside the canoe. The person can use single-bladed paddle for pushing the craft through the water. A kayak is defined as an enclosed vessel with the person that sits inside the vessel with legs extended using a double-bladed paddle.
The rise in number of outdoor activities across the globe acts as one of the major factors driving the growth of canoe and kayak market. The rise in the adoption of both the canoeing and kayaking sport among population owing to the enhanced aerobic fitness, strength, and flexibility accelerate the market growth. The surge in recreational activities and high popularity of indoor adventure sports further influence the market. Additionally, rise in prevalence of health-related problems, increase in disposable income, high e-commerce sales channels and smart strategic marketing activities by manufacturers positively affect the canoe and kayak market. Furthermore, rise in consumer awareness and new product launches extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the canoe and kayak is expected to obstruct the market growth. The high number of stringent competition is projected to challenge the canoe and kayak market in the forecast period of 2022-2029.
This canoe and kayak market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on canoe and kayak market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Canoe and Kayak Market Scope and Market Size
The canoe and kayak market is segmented on the basis of type, product type, applications and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the canoe and kayak market is segmented into canoes and kayaks, and accessories.
- On the basis of product type, the canoe and kayak market is segmented into rigid, folding and inflatable.
- On the basis of applications, the canoe and kayak market is segmented into recreational, touring and racing activities.
- On the basis of distribution channel, the canoe and kayak market is segmented into sports goods retailers, online retail and others.
Canoe and Kayak Market Country Level Analysis
The canoe and kayak market is segmented on the basis of type, product type, applications and distribution channel.
The countries covered in the global canoe and kayak market report are the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America dominates the canoe and kayak market because of the high participation in paddle sports such as kayaking within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2022 to 2029 because of the rise in number of recreational activities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Canoe and Kayak Market Share Analysis
The canoe and kayak market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to canoe and kayak market.
Some of the major players operating in the canoe and kayak market reports are Aire, Tahe Outdoors, Naish International, O'Brien Watersports, Starboard Value LP, Airhead, Aquamarina Water Theme Park & Resort, BELASSI GmbH, BomBoard., Imagine Surf, Rave Sports, Solstice Sports., SURFTECH, LLC., Wing Inflatables, Vanguard Inflatables, SRR Aqua., Bhawna Engineering Works., AquaProcess Technologies, Rae Sport Pvt Ltd., and THUNDER MONKEY among others.
SKU-