Global Canoeing and Kayaking Equipment Market 2023-2027

Global Canoeing And Kayaking Equipment Market 2023-2027
The canoeing and kayaking equipment market is forecasted to grow by USD 173.35 mn during 2022-2027, accelerating at a CAGR of 2.51% during the forecast period. The report on the canoeing and kayaking equipment 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 growing preference for recreational kayaking, increasing number of paddle sports contests, and rising interest in soft adventure sports activities.

Technavio's canoeing and kayaking equipment market is segmented as below:

By Distribution ChannelSports goods retailersDepartmentstores/ hypermarkets & supermarketsOnline retailOthersBy ProductCanoesKayaksAccessoriesBy GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the artificial water sports experiences as one of the prime reasons driving the canoeing and kayaking equipment market growth during the next few years. Also, fitness benefits associated with canoeing and kayaking and rising demand for distribution through online channels and retailers will lead to sizable demand in the market.

The report on the canoeing and kayaking equipment market covers the following areas:Canoeing and kayaking equipment market sizingCanoeing and kayaking equipment market forecastCanoeing and kayaking equipment market industry analysisThe 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 canoeing and kayaking equipment market vendors that include AIRE Inc., Airhead Sports Group, Aqua Marina, Baroda Polyform Pvt Ltd, Confluence Outdoor, Gumotex Group, HYSIDE Inflatables, Imagine Nation Sports LLC, Johnson Outdoors Inc., Kirton Kayaks LTD, Northshore Kayaks, NRS Inc., Obrien, Pyranha Mouldings Ltd, Rockpool Kayaks Ltd., Sea Kayaking, Tahe Outdoors France SASU, Valley Kayaks, Venture Kayaks, and YOLO Kayaks. Also, the canoeing and kayaking equipment 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 research - both primary and secondary. 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 the accurate market growth.