Global Sailing Jackets Market Size, Share & Trends Analysis Report By Distribution Channel (Offline and Online), By End User (Men, Women and Kids), By Regional Outlook and Forecast, 2023 - 2030
The Global Sailing Jackets Market size is expected to reach $259.4 million by 2030, rising at a market growth of 7.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,404.2 thousand units, experiencing a growth of 7.2% (2019-2022).
Europe’s vibrant tourism industry and recreational opportunities further drive demand for sailing jackets among visitors and locals. Thus, the Europe region acquired $43,766.5 thousand revenues in 2022. Also, the Russia Market utilized 63.2 thousand units of Sailing Jackets in 2022. European manufacturers of water sports goods, including sailing jackets, often leverage extensive export networks to distribute their products worldwide. Thus, the increasing water sports equipment industry drives the market’s growth.
Recreational sailing has become increasingly popular as people seek outdoor recreational activities and adventure experiences. Sailing jackets are essential equipment for recreational sailors, providing protection from the elements and enhancing comfort during extended periods on the water. Hence, increasing participation in water sports is propelling the market’s growth.
Additionally, new materials offer improved performance characteristics such as better waterproofing, breathability, and durability. For sailing jackets, these advancements translate into garments that can better withstand harsh marine environments while keeping sailors comfortable and dry. Therefore, growing advancements in material technology are driving the market’s growth.
However, High-performance sailing jackets often come with a premium price tag, making them less accessible to entry-level or budget-conscious consumers. The elevated cost can deter individuals, especially newcomers to sailing or occasional enthusiasts, from investing in quality gear, thus limiting market expansion. Therefore, the elevated cost of high-performance equipment is hampering the market’s growth.
By Distribution Channel Analysis
Based on distribution channel, the market is categorized into online and offline. The online segment procured a 30.1% revenue share in the market in 2022. Online platforms provide access to a global marketplace, allowing customers to explore and purchase sailing jackets from anywhere.
By End User Analysis
Based on end user, the market is divided into kids, women, and men. In 2022, the men segment garnered 58.1% revenue share in the market. Traditionally, sailing and other water sports have been male-dominated activities. As a result, the market for sailing jackets has historically catered more extensively to the needs and preferences of male consumers.
By Regional Analysis
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed a 37.2% revenue share in the market in 2022. The popularity of outdoor recreation fuels the demand for sailing jackets among individuals looking to explore the region’s waterways and coastlines.
List of Key Companies Profiled
- Decathlon S.A. (Asociacion Familiale Mulliez) (Oxelo)
- Canadaian Tire Corporation, Limited
- Henri-Lloyd (ODLO International AG)
- Marinepool Sportartikel GmbH & Co. KG
- Sail Racing International AB
- Burke Marine (Antell Nominess Pty Limited)
- Zhik Pty Limited
- Regatta Ltd. (Risol Imports Ltd)
- Magic Marine
- Slam S.p.A
Global Sailing Jackets Market Report Segmentation
By Distribution Channel (Volume, Thousand Units, USD Million, 2019-2030)
By End User (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA