Overview of the global riverboarding gears market
According to Technavio’s market research report, the rising popularity of riverboarding as a competitive sport will be one of the major factors that will have a positive impact on the global riverboarding gears market during the forecast period. Based on the riverboarding gears market insightful analysis, our market research analysts predict that this market will grow at a CAGR of close to 7% by 2022. Water sports enthusiasts globally pursue riverboarding as a competitive sport and many riverboarding championships and other competitions are organized at the local, regional, and national level all over the year. For instance, Riverboarding World Championship is an annual world riverboarding championship that interests many riverboarders from several different sport fields and geographic regions. This will propell the riverboarding gears market growth.
The increased partnership initiatives between adventure sports tour operators and mass tourism outlets is one of the key trends that will contribute to the riverboarding gears industry share in the forthcoming years. The adventure sports enthusiasts are increasingly looking out for exclusive or new travel destinations and activities. To offer them an improved experience, the adventure sports operators are joining hands with mass tourism outlets like resorts and hotels to provide shorter one-day trips to attract travelers.
Companies covered
Characterized by the presence of several players, the riverboarding gears market appears to be fragmented. This industry research report offers information about the competitive environment among the players in the adventure sports equipment market and offers an analysis of the key companies and their products. Additionally, our analysts also offer information about the key areas the players currently focus on and the strategies they follow to sustain the competition.
This research report provides an analysis of the various companies in this market including
- Carlson Riverboards
- EXTRACTOR
- FLUID Kayaks
- Kern Riverboards
- MOOVING SARL
Segmentation by product and analysis of the riverboarding gears market
- River boards
- Protective gear
- Fins
The riverboards product segment accounted for the major share of riverboarding gears market during 2017. Our industry analysis experts predict that this product segment will continue to lead the market till 2022.
Geographical segmentation and analysis of the riverboarding gears market
- Americas
- APAC
- EMEA
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the adventure sports equipment market throughout the forecast period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global riverboarding gears market?
- What are the key market trends impacting the growth of the global riverboarding gears market?
- What are the challenges to market growth?
- Who are the key vendors in the global riverboarding gears market?
- What are the market opportunities and threats faced by the vendors in the global riverboarding gears market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global riverboarding gears market?
Technavio also offers customization on reports based on specific client requirement.