Canoeing and Kayaking Equipment Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR44600
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The canoeing and kayaking equipment market has the potential to grow by $ 105.37 mn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2%.

The canoeing and kayaking equipment market report extensively covers market segmentations by Product (canoes and kayaks and accessories), Geography (North America, Europe, APAC, South America, and MEA), and Distribution Channel (sports goods retailers, online retail, and others) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Canoeing And Kayaking Equipment Market Size be in 2021?

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Canoeing And Kayaking Equipment Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing preference for recreational kayaking is notably driving the canoeing and kayaking equipment market growth, although factors such as high costs of canoes and kayaks leading to preference for rentals may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the canoeing and kayaking equipment market get your FREE report sample now.

This canoeing and kayaking equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Canoeing And Kayaking Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • AIRE Inc.
  • Airhead Sports Group
  • Aqua Marina
  • BIC Sport
  • Confluence Outdoor
  • GUMOTEX akciova spolecnost
  • HYSIDE Inflatables
  • Johnson Outdoors Inc.
  • Malibu Kayaks
  • NRS

The canoeing and kayaking equipment market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The canoeing and kayaking equipment market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the canoeing and kayaking equipment market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Canoeing And Kayaking Equipment Market?

Canoeing and Kayaking Equipment Market Share by Geography

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US, Australia, Italy, Canada, and France are the key markets for canoeing and kayaking equipment market in North America. Learn about the key, emerging, and untapped markets from our canoeing and kayaking equipment market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 41% of the market’s growth will originate from North America during the forecast period.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. drivers.2 will facilitate the canoeing and kayaking equipment market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Canoeing And Kayaking Equipment Market?

Canoeing and Kayaking Equipment Market Share by Product

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The canoeing and kayaking equipment market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the canoeing and kayaking equipment market size.

Canoeing And Kayaking Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 105.37 million

Market structure

Fragmented

YoY growth (%)

-1.23

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 41%

Key consumer countries

US, Australia, Italy, Canada, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AIRE Inc., Airhead Sports Group, Aqua Marina, BIC Sport, Confluence Outdoor, GUMOTEX akciova spolecnost, HYSIDE Inflatables, Johnson Outdoors Inc., Malibu Kayaks, and NRS

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Canoeing And Kayaking Equipment Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive canoeing and kayaking equipment market growth during the next five years
  • Precise estimation of the canoeing and kayaking equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the canoeing and kayaking equipment market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of canoeing and kayaking equipment market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The canoeing and kayaking equipment market growth will increase by $124.44 million during 2019-2024.
The canoeing and kayaking equipment market is expected to grow at a CAGR of 1.84% during 2019-2024.
Technavio has segmented the canoeing and kayaking equipment market by product (Canoes and kayaks and Accessories) ,distribution channel (Sports goods retailers, Department stores, hypermarkets, and supermarkets, Online retail, and Others) , and geographic (North America, Europe, APAC, South America, and MEA).
AIRE Inc., Airhead Sports Group, Aqua Marina, BIC Sport, Confluence Outdoor, GUMOTEX akciova spolecnost, HYSIDE Inflatables, Johnson Outdoors Inc., Malibu Kayaks, NRS are a few of the key vendors in the canoeing and kayaking equipment market.
North America will register the highest growth rate of 37.74% among the other regions. Therefore, the canoeing and kayaking equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the canoeing and kayaking equipment market growth are:
  • Growing preference for recreational kayaking
The canoeing and kayaking equipment market vendors should focus on grabbing business opportunities from the canoes and kayaks segment as it accounted for the largest market share in the base year.
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