Global Canoeing and Kayaking Equipment Market Growth 2023-2029

Global Canoeing and Kayaking Equipment Market Growth 2023-2029

Canoeing – recreational boating activity or paddle sport in which you kneel or sit facing forward in an open or closed-decked canoe, and propel yourself with a single-bladed paddle, under your own power. Kayaking – use of a kayak for moving across water. It is distinguished from canoeing by the sitting position of the paddler and the number of blades on the paddle. A kayak is a boat where the paddler faces forward, legs in front, using a double-bladed paddle. Most kayaks have closed decks.

LPI (LP Information)' newest research report, the “Canoeing and Kayaking Equipment Industry Forecast” looks at past sales and reviews total world Canoeing and Kayaking Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Canoeing and Kayaking Equipment sales for 2023 through 2029. With Canoeing and Kayaking Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Canoeing and Kayaking Equipment industry.

This Insight Report provides a comprehensive analysis of the global Canoeing and Kayaking Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Canoeing and Kayaking Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Canoeing and Kayaking Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Canoeing and Kayaking Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Canoeing and Kayaking Equipment.

The global Canoeing and Kayaking Equipment market size is projected to grow from US$ 1253.3 million in 2022 to US$ 1421.5 million in 2029; it is expected to grow at a CAGR of 1421.5 from 2023 to 2029.

Increased awareness of a healthy lifestyle and growing number of water sports enthusiasts are the major factors boosting the water sports equipment market in the Americas. The Americas is expected to maintain its leading position during the forecast period as well. A large number water sporting sites spread across Europe and outdoor sports enthusiasts make it the second-largest revenue contributor to the global water sports equipment market. France and Germany are the major contributors to the market in Europe. APAC is a fast-growing region among all the other geographic regions in the global water sports equipment market. South Korea and Australia are the prime markets for water sports equipment in the region, along with other prominent countries such as Indonesia, Hong Kong, Taiwan, Thailand, and Singapore.

This report presents a comprehensive overview, market shares, and growth opportunities of Canoeing and Kayaking Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Canoes and Kayaks
Accessories

Segmentation by application
Sporting Goods Retailers
Department Stores
Hypermarkets and Supermarkets
Online Retailers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AIRE
BIC Sport
HYSIDE
NRS
SOTAR
AIRHEAD
Aqua Marina
Ocean Kayak
Malibu Kayaks
Rave Sports
Vanguard Inflatables

Key Questions Addressed in this Report

What is the 10-year outlook for the global Canoeing and Kayaking Equipment market?

What factors are driving Canoeing and Kayaking Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Canoeing and Kayaking Equipment market opportunities vary by end market size?

How does Canoeing and Kayaking Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.