Global Wetsuits Market Growth 2023-2029

Global Wetsuits Market Growth 2023-2029

A wetsuit is a special garment, usually made of foamed neoprene, which is worn by surfers, divers, windsurfers, canoeists, and others engaged in water sports, providing thermal insulation, abrasion resistance and buoyancy.

Wetsuits are used for thermal insulation for activities where the user is likely to be immersed in water, or frequently doused with heavy spray, often approaching from near-horizontal directions, where normal wet-weather clothing is unlikely to keep the water out.

The insulation properties depend on bubbles of gas enclosed within the material, which reduce its ability to conduct heat. The bubbles also give the wetsuit a low density, providing buoyancy in water.

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

This Insight Report provides a comprehensive analysis of the global Wetsuits 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 Wetsuits portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wetsuits market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wetsuits and breaks down the forecast by type, by end-user, 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 Wetsuits.

The global Wetsuits market size is projected to grow from US$ 3310.4 million in 2022 to US$ 4556 million in 2029; it is expected to grow at a CAGR of 4556 from 2023 to 2029.

Global Wetsuits key players include O'Neill, Quiksilver, Billabong, Rip Curl, Body Glove, etc. Global top five manufacturers hold a share over 65%.

USA is the largest market, with a share over 35%, followed by Oceania and Europe, both have a share over 35%.

In terms of application, the largest application is Leisure and Sports, followed by Professionals, Military, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Wetsuits market by product type, end-user, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Hooded Wetsuits

Full Wetsuits

Convertible Wetsuits

Sleeveless Wetsuits

Shorty or Spring Wetsuits

Others

Segmentation by end-user

Leisure and Sports

Professionals

Military

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.

O'Neill

Quiksilver

Billabong

Rip Curl

Body Glove

Aqua Lung

GUL

Hurley

Patagonia

Cressi

Osprey

Scubapro

Mares

Poseidon

Typhoon

TWF

Spartan

C-Skins

TUSA

Saekodive

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wetsuits market?

What factors are driving Wetsuits market growth, globally and by region?

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

How do Wetsuits market opportunities vary by end market size?

How does Wetsuits break out type, end-user?

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.