Europe Water Sports Gear Market Outlook, 2028

Europe Water Sports Gear Market Outlook, 2028

In recent years, the water sports gear industry in Europe has been making significant waves, propelled by a combination of factors. One of the key drivers of this growth is the increasing interest in outdoor recreation among Europeans. Water sports, with their unique blend of adventure and communion with nature, have emerged as a popular choice for leisure and fitness. Europe's investment in waterfront infrastructure has played a pivotal role in fueling the industry's growth. Marinas, rental facilities, and water sports schools have sprung up across many European countries, making water sports activities accessible to both locals and tourists alike. Environmental consciousness runs deep in Europe, and this commitment to sustainability extends to the water sports gear industry. Many enthusiasts are now opting for eco-friendly gear made from recycled materials, a choice that aligns seamlessly with the continent's broader focus on environmental responsibility. Europe has also positioned itself at the forefront of technological advancements in the water sports gear sector. European manufacturers are continually innovating, developing high-performance gear with cutting-edge materials. These innovations not only enhance the overall experience for water sports enthusiasts but also contribute to the industry's global competitiveness. One striking feature of the European water sports gear market is its regional specialization. Innovations in the European water sports gear industry are not limited to materials and design. Sustainable practices, advanced paddleboarding equipment, state-of-the-art wetsuit technology, and custom surfboard shaping are just a few examples of the industry's evolution. Stand-up paddleboarding (SUP), in particular, is booming across Europe. Manufacturers are responding with innovations in inflatable boards, adjustable paddles, and lightweight accessories, making it easier than ever to explore Europe's waterways.

According to the research report, “Europe Water Sport Gear Market Outlook, 2028” published by Bonafide Research, the Europe Water Sport Gear market is anticipated to add over USD 5.79 Billion from 2023 to 2028. The European population is increasingly interested in participating in water sports for a variety of reasons, such as fitness, fun, and relaxation. This is being driven by a number of factors, including the growing popularity of beach tourism, the increasing availability of water sports facilities, and the rising disposable income of European consumers. The growing popularity of beach tourism is another major driver of the Europe water sports gear market. Europe is home to some of the most beautiful beaches in the world, and many people come to these beaches to enjoy water sports activities such as swimming, surfing, and sailing. There is a growing demand for sustainable water sports gear. This is due to the increasing awareness of the environmental impact of water sports activities. Tourist destinations in Europe often include opportunities for water sports. Waterfront development, such as the creation of rental facilities and water sports schools, has increased gear demand. Europe enjoys a relatively high standard of living, and many consumers have the disposable income to invest in water sports gear. This economic prosperity supports the growth of the industry. Europe is home to world-renowned surfing destinations, such as Portugal's Nazaré beach, known for its gigantic waves, and Biarritz in France, a surfing mecca. These destinations attract surfers from around the world and drive the European surf gear market. Europeans have a strong appreciation for an outdoor lifestyle, contributing to the popularity of water sports. Many individuals prioritize staying active and enjoying nature, leading to the growth of the water sports gear market.

Based on the countries, Spain is expected to grow with prominent CAGR during the forecast period. Spain is one of the leading tourist destinations, known for its beautiful beaches, vibrant culture, and historic sites. If the tourism industry continues to thrive, it can positively impact the water sports gear market as tourists seek out water-based activities, such as paddleboarding, windsurfing, and sailing. Spain has been known to host various water sports events and competitions, such as surfing contests and sailing races. These events can attract athletes and enthusiasts from around the world, boosting the local water sports gear industry. Spain, like many European countries, places importance on environmental sustainability. This can lead to increased interest in eco-friendly water sports gear, contributing to market growth. Investment in waterfront infrastructure, including marinas and rental facilities, can make water sports more accessible and attractive to both locals and tourists. Spain's culture often embraces an outdoor lifestyle, with many residents valuing physical activity and nature. This mindset can contribute to the popularity of water sports.

Based on the Products types includes the water sports clothes, boards, sailboats, swim masks and goggles, personal watercraft, life jackets, buoyancy control devices, cylinders and diving propulsion vehicles, swim fins, decompression chambers, and others. Among them, water sports clothing such as surfing apparel, swimwear, diving suits, water polo swimsuits, and caps is leading the market. In Europe Boards likes Stand-up Paddle Board, Windsurf Boards, Surfing and Bodyboard, Europe offers a wide range of scenic and accessible waterfront locations, including coastlines along the Mediterranean, Atlantic Ocean, and North Sea, as well as numerous lakes and rivers. These diverse water bodies provide ideal settings for various board-based water sports, encouraging their popularity. Europe is a major tourist destination, attracting visitors from around the world. Tourists often seek water-based recreational activities, including board sports, during their trips. The tourism industry's demand for rental gear and lessons can drive growth in the water sports gear market. Surfing has a rich cultural history in Europe, particularly in countries like Portugal, Spain, France, and the UK. Surf towns and communities have developed along Europe's coastlines, fostering a surf culture that includes not only experienced surfers but also newcomers to the sport.

Based on the age group includes the Adults, Kids and Geriatric, among them the Adult is used more water sport gear, Europe has a vast coastline with access to various bodies of water, including the Mediterranean Sea, the Atlantic Ocean, the Baltic Sea, and numerous lakes and rivers. This abundant access to water makes it convenient for people to engage in water sports. In many European countries, water sports have deep cultural roots. For example, countries like Greece and Croatia have a long history of sailing and water-based activities. In places like Scandinavia, swimming in cold waters is a traditional pastime. These cultural influences can lead adults to continue or take up water sports. There's a growing awareness of the health benefits of water sports. Activities like swimming, paddleboarding, and kayaking are excellent for physical fitness and mental well-being. As health and fitness trends continue to rise, more adults may choose water sports as a way to stay active. Water sports often have strong social and community components. People join clubs or groups to participate in activities like rowing, sailing, or diving. These social aspects can be a strong motivator for adults to get involved in water sports.
 
Distribution channel includes the Franchise Store, Specialty Store, Online Store, Supermarket/Hypermarket, Others (Resort Shops, Boating and Marine Supply Stores, Direct Sales, Tour Operators, etc.), in Europe Specialty Store also growing in the market, Specialty stores often have knowledgeable staff who are enthusiasts or experts in water sports. Customers appreciate the advice and guidance they receive when choosing the right gear, especially if they are beginners. Furthermore, these stores typically offer a wide range of water sports equipment and accessories, catering to various interests and skill levels. Customers can find everything they need in one place. Many specialty stores allow customers to try on or test equipment before purchasing. This is especially important for items like wetsuits or kayaks, where a proper fit is crucial. There are many water sport gear speciality stores that are available in Europe includes the Decathlon, Surfdome, Blue Tomato, Aquapac, Jobe Watersports and many more.

Companies Covered In this Report:

The Columbia Sportswear Company, Adidas AG, Decathlon S.A., Under Armour, Inc, Speedo International Limited, Beneteau, Johnson Outdoors Inc, Aqua Lung International, Patagonia, Inc., Quiksilver, Sea-Doo, Helly Hansen AS, Head Sport GmbH, Cressi Sub SpA, TYR Sport, Inc., Zoggs International Limited, Beuchat International and VF Corporation.

Considered in this report

• Geography: Europe
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Europe Water Sport Gear with its value and forecast along with its segments
• Country-wise Water Sport Gear market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:

• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia

By Products

• Water sports Clothes
• Boards
• Sailboat
• Swim Mask & Goggles
• Personal Watercraft
• Life Jackets
• Buoyancy Control Device
• Cylinder & Diving Propulsion Vehicle
• Swim Fins
• Decompression Chamber
• Others

By Age Group

• Adults
• Kids
• Geriatric

By Distribution Channel

• Franchise Store
• Specialty Store
• Online Store
• Supermarket/Hypermarket
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Gems & Jewelry industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.




***Please Note: It will take 48 hours (2 Business days) for delivery of the report upon order confirmation.