Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Water Sports Type (Surfing, Scuba Diving, Jet Ski, Snorkelling, Kite Boarding, Canoeing & Kayaking, Rafting, Parasailing), By Age (18-30 Years, 31-50 Years, Under 18 Years, Above 50 Years), By Gender (Male, Female) And Competitive Landscape
Product Code: ETC079253 | Publication Date: Aug 2021 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Latin America Water Sports Equipment Market is experiencing major growth with a growing number of enthusiasts flocking to the continentโs coastal areas for windsurfing, surfing, and paddleboarding. This led to a rise in demand for water sports equipment of better quality. Growth in eco-friendly products is the major latest development of the Latin America Water Sports Equipment Industry. A large number of manufacturers are producing equipment which is made up of recycled materials and designed with less impact on marine ecosystems. The use of technology in such equipment is another trend driving the Latin America Water Sports Equipment Market Share. There is a plethora of gadgets from GPS tracking equipment to waterproof cameras as well as advanced surfboard designs for water sports enthusiasts. The key players in the market have been supporting it to effectively align with the requirements of the customers.ย
The Latin America water sports equipment market is likely to witness growth in the upcoming years. Artificial indoor water sporting facilities are anticipated to attain augmented popularity in the Latin America water sports equipment market, especially for rafting and kayaking. Some of the major factors boosting the water sports equipment market growth are technological advancements, changes in manufacturing processes, growth of water sports infrastructure in various regions, an increasing number of sports championships organized and the development of artificial water bodies. Further, the outbreak of the COVID-19 pandemic has created a negative impact on the growth of the Water Sports equipment market and the market is expected to recover over the next few years.
According to 6Wresearch, the Latin America Water Sports Equipment Market size is anticipated to register growth during 2021-2027. The major factors that may support growth during the forecast period include rising interest among people for water sports activities, technological advancements carried out by the players in the market, increasing participation rates and changing demographics. In recent years it has been observed that artificial water bodies for kayaking and rafting are gaining increased popularity among water sports enthusiasts, a similar trend would facilitate market size in the future. The technological changes have led to the growth of more technical and complex water sports equipment.
Based on water sports type, the water sports equipment market is categorized into Surfing, Scuba Diving, Jet Ski, Snorkeling, Kite Boarding, Canoeing & Kayaking, Rafting and Parasailing. The Canoeing & Kayaking and Rafting segments are expected to lead the water sports equipment market share in the coming years. At present, raw materials are being emerging in a way that withstands the corrosive ocean atmosphere, which not only surges the longevity of water sports equipment but also makes these types of equipment more comfortable to use.
Latin America water sports equipment market report thoroughly covers the market by water sports type, age, gender and key countries including Brazil, Mexico, Argentina and the rest of Latin America. Latin America water sports equipment market outlook report provides an unbiased and detailed analysis of the ongoing Latin America Water Sports Equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Some of the most significant players in the sector are Dive Rite, Body Glove, Johnson Outdoors, Aqua Lung International, Mares S.p, and Cressi Sub SpA. It is owing to the effective strategies used by these players that the market is constantly evolving. The players focus on improving water sports equipment so the sector can attain significant growth in the future. They focus on meeting the need and demand of water sports enthusiasts which enable them to meet their needs and demand effectively.ย
The Market Report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Water Sports Equipment Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Water Sports Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Water Sports Equipment Market - Industry Life Cycle |
3.4 Latin America Water Sports Equipment Market - Porter's Five Forces |
3.5 Latin America Water Sports Equipment Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Water Sports Equipment Market Revenues & Volume Share, By Water Sports Type, 2020 & 2027F |
3.7 Latin America Water Sports Equipment Market Revenues & Volume Share, By Age, 2020 & 2027F |
3.8 Latin America Water Sports Equipment Market Revenues & Volume Share, By Gender, 2020 & 2027F |
4 Latin America Water Sports Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Water Sports Equipment Market Trends |
6 Latin America Water Sports Equipment Market, 2017 - 2027 |
6.1 Latin America Water Sports Equipment Market, Revenues & Volume, By Water Sports Type, 2017 - 2027 |
6.2 Latin America Water Sports Equipment Market, Revenues & Volume, By Age, 2017 - 2027 |
6.3 Latin America Water Sports Equipment Market, Revenues & Volume, By Gender, 2017 - 2027 |
7 Brazil Water Sports Equipment Market, 2017 - 2027 |
7.1 Brazil Water Sports Equipment Market, Revenues & Volume, By Water Sports Type, 2017 - 2027 |
7.2 Brazil Water Sports Equipment Market, Revenues & Volume, By Age, 2017 - 2027 |
7.3 Brazil Water Sports Equipment Market, Revenues & Volume, By Gender, 2017 - 2027 |
8 Mexico Water Sports Equipment Market, 2017 - 2027 |
8.1 Mexico Water Sports Equipment Market, Revenues & Volume, By Water Sports Type, 2017 - 2027 |
8.2 Mexico Water Sports Equipment Market, Revenues & Volume, By Age, 2017 - 2027 |
8.3 Mexico Water Sports Equipment Market, Revenues & Volume, By Gender, 2017 - 2027 |
9 Argentina Water Sports Equipment Market, 2017 - 2027 |
9.1 Argentina Water Sports Equipment Market, Revenues & Volume, By Water Sports Type, 2017 - 2027 |
9.2 Argentina Water Sports Equipment Market, Revenues & Volume, By Age, 2017 - 2027 |
9.3 Argentina Water Sports Equipment Market, Revenues & Volume, By Gender, 2017 - 2027 |
10 Rest of Latin America Water Sports Equipment Market, 2017 - 2027 |
10.1 Rest of Latin America Water Sports Equipment Market, Revenues & Volume, By Water Sports Type, 2017 - 2027 |
10.2 Rest of Latin America Water Sports Equipment Market, Revenues & Volume, By Age, 2017 - 2027 |
10.3 Rest of Latin America Water Sports Equipment Market, Revenues & Volume, By Gender, 2017 - 2027 |
11 Latin America Water Sports Equipment Market Key Performance Indicators |
12 Latin America Water Sports Equipment Market - Opportunity Assessment |
12.1 Latin America Water Sports Equipment Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Water Sports Equipment Market Opportunity Assessment, By Water Sports Type, 2020 & 2027F |
12.3 Latin America Water Sports Equipment Market Opportunity Assessment, By Age, 2020 & 2027F |
12.4 Latin America Water Sports Equipment Market Opportunity Assessment, By Gender, 2020 & 2027F |
13 Latin America Water Sports Equipment Market - Competitive Landscape |
13.1 Latin America Water Sports Equipment Market Revenue Share, By Companies, 2020 |
13.2 Latin America Water Sports Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |