Global Canoeing and Kayaking Equipment Market, By Product (Canoes and Kayaks, Accessories) Distribution Channel (Sporting Goods Retailer, Online Retail, Departmental Stores) , 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 of Canoeing and Kayaking Equipment Market
The canoeing and kayaking equipment market is expected to be growing at a growth rate of 2.5% with USD 10,240.6 million in 2029. Data Bridge Market Research analyses the factors responsible for fostering the growth of canoeing and kayaking equipment market.
Canoeing is an adventures boating activity or paddle sport in which you kneel or sit facing straight in an open or closed-decked canoe, and propel yourself with a single-bladed paddle, under your own power. Kayaking is basically the use of a kayak for moving across water.
The growing preference for recreational kayaking and rising interest in soft adventure sports activities is the major factor accelerating the growth of the canoeing and kayaking equipment market. Furthermore, increasing number of paddle sports contests, increase in the interest of customers in outdoor and water sports leisure activities and rise in adoption of outdoor activities such as mountaineering are also expected to drive the growth of the canoeing and kayaking equipment market. However, degree of risk involved in surface water sports and high price of sport activities will restrains the canoeing and kayaking equipment market, whereas, negative impact of COVID-19 is projected will challenge market growth.
In addition, technological advancements to improve the product structure will create ample opportunities for the canoeing and kayaking equipment market.
This canoeing and kayaking equipment 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, geographic expansions, technological innovations in the market. To gain more info on canoeing and kayaking equipment 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 Canoeing and kayaking Equipment Market Scope and Market Size
The canoeing and kayaking equipment market is segmented on the basis of product and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the canoeing and kayaking equipment market has been segmented into canoes and kayaks, accessories.
- On the basis of distribution channel, the canoeing and kayaking equipment market is segmented into sporting goods retailer, online retail and departmental stores.
Canoeing and Kayaking Equipment Market Country Level Analysis
The canoeing and kayaking equipment market is analyzed and market size insights and trends are provided by country, product and distribution channel as referenced above.
The countries covered in the canoeing and kayaking equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the canoeing and kayaking equipment market because of increase in interest of people in active outdoor recreational activity within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the presence of various championships in the region.
The country section of the canoeing and kayaking equipment market 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 Canoeing and Kayaking Equipment Market Share Analysis
The canoeing and kayaking equipment 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 canoeing and kayaking equipment market.
The major players operating in the canoeing and kayaking equipment market report 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 other.
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