Wetsuits Market 2024-2028
The wetsuits market is forecasted to grow by USD 735 mn during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the wetsuits market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in triathlon and water sports activities, evolving customer preferences, and awareness of health and fitness.
Technavio's wetsuits market is segmented as below:
- By Application
- Water sports
- Wind sports
- By Product
- Full wetsuit
- Short wetsuit
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increase in disposable income as one of the prime reasons driving the wetsuits market growth during the next few years. Also, product innovations and branding and promotions and growth of online and omnichannel retail will lead to sizable demand in the market.
The report on the wetsuits market covers the following areas:
- Wetsuits Market sizing
- Wetsuits Market forecast
- Wetsuits Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wetsuits market vendors that include Aqualung Trading, Arena Spa, Boardriders, Buell Wetsuits and Surf, C Skins, Cressi Sub Spa, Head, Helly Hansen AS, Henderson Sport Group, Isurus Inc., Johnson Outdoors Inc., KMD Brands Ltd., Marquee Brands, ONeill Europe BV, Patagonia Inc., Pentland Brands Ltd., SHEICO Group, Swimwear Anywhere Inc., Typhoon International Ltd., and Xcel Wetsuits. Also, the wetsuits market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.