Global Rowing Boats and Kayaks Market

Global Rowing Boats and Kayaks Market

The 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 a substantial CAGR of 5.5% during the forecast period of 2024 to 2031.

Global Rowing Boats and Kayaks Market, By 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 (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)– Industry Trends and Forecast to 2031

Overview of Global Rowing Boats and Kayaks Market Dynamics:

Drivers
• Growing popularity of water sports and recreational activities
• Rising health and fitness consciousness
• Growth in adventure tourism across the globe
• Government support and initiatives to promote water sports

Restraints
• High cost of quality rowing boats and kayaks
• Limited awareness in emerging markets

Opportunities
• Technological advancements and innovations in materials for rowing boats and kayaks
• Growth in rowing clubs, associations and partnerships
Challenges
• Seasonal demand for rowing boats and kayaks
• Environmental concerns related to the use of synthetic materials

Market Players:

The key market players operating in the global rowing boats and kayaks market are listed below:
• Hobie Cat Company
• Eddyline Kayaks
• Filippi Lido srl
• Vespoli U.S.A
• Empacher
• Hudson Boats Works
• Falcon Racing Europe
• Baumgarten Bootsbau
• Echo Rowing
• Fluidsign Inc.