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In-The-Water Sports Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR70124
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The in-the-water sports equipment market share is expected to increase by USD 5.78 billion by 2026 at a progressive CAGR of 3.91%.

The in-the-water sports equipment market research extensively covers in-the-water sports equipment market segmentation by product (sports gear and sports apparel), distribution channel (offline and online), type (swimming, water aerobics, and water polo), and geography (North America, Europe, APAC, South America, and MEA).

The in-the-water sports equipment market report also offers information on several market vendors, including adidas AG, Arena SPA, Baden Sports Inc., Boardriders Inc., KAP7 International, Mikasa Corp., Nike Inc., Pentland Brands Ltd., Turbo Swim, and Under Armour Inc. among others. Furthermore, this market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the In-The-Water Sports Equipment Market Size be During the Forecast Period?

In-The-Water Sports Equipment Market Size

Download the Free Report Sample to Unlock the In-The-Water Sports Equipment Market Size for the Forecast Period and Other Important Statistics

 

In-The-Water Sports Equipment Market: Key Drivers, Trends, and Challenges

The technological advances in water sports equipment are notably driving the in-the-water sports equipment market growth, although factors such as may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the in-the-water sports equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key In-The-Water Sports Equipment Market Driver

One of the key factors driving growth in the in-the-water sports equipment market is the technological advances in water sports equipment. The key competitors in the market are innovating their products in terms of design, color, shape, and weight to meet the needs of individual consumers. The demand for water sports equipment is increasing as the number of beginners transitioning to seasoned recreational water sports enthusiasts is rising. Thus, many water sports equipment manufacturers are offering new lightweight and advanced equipment to cater to their requirements. The increased awareness of the benefits of leading a healthy lifestyle, which will further propel the growth of the global in-water sports equipment market during the forecast period.

Key In-The-Water Sports Equipment Market Trend

The greater popularity of in-water sports is one of the key in-the-water sports equipment market trends that will support the market growth in the coming years. In water sports, especially swimming and water polo, have been popular sports at the Olympic Games. Swimming has a history of being a part of every modern Summer Olympics. Over the past few years, the participation of women in different sports has increased across the world. One of the biggest achievements on this front is the shrinking of the gender gap between the number of male and female athletes in the Olympic Games. The water sports sector also acts as a stable employment medium. Therefore, many initiatives are being undertaken to promote the proper growth and expansion of water sports facilities. such factors will further support the market growth.

Key In-The-Water Sports Equipment Market Challenge

The strict regulations on high-tech swimsuits will be a major challenge for the in-the-water sports equipment market growth during the forecast period. High-tech swimsuits are those swimsuits that are made up of scientifically-advanced fabrics and materials such as nylon composites and spandex. These swimsuits were being used in swimming competitions as they help reduce the resistance that normal fabrics have against water. However, FINA banned the use of these swimsuits due to the usage of high-technology swimwear fabric in swimming competitions.

  • The guidelines set by FINA in 2015 require that swimsuits should be permeable to water, and should not contain any metal, rubber, or polyurethane. It also set certain coverage requirements banning the use of neck-to-ankle suits in both men's and women's competitions.

These strict regulations are hampering the growth of the global in-water sports equipment market.

This in-the-water sports 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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global in-the-water sports equipment market as a part of the global leisure products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the in-the-water sports equipment market during the forecast period.

Who are the Major In-The-Water Sports Equipment Market Vendors?

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

 

  • adidas AG
  • Arena SPA
  • Baden Sports Inc.
  • Boardriders Inc.
  • KAP7 International
  • Mikasa Corp.
  • Nike Inc.
  • Pentland Brands Ltd.
  • Turbo Swim
  • Under Armour Inc.

 

This statistical study of the in-the-water sports equipment market encompasses successful business strategies deployed by the key vendors. The in-the-water sports equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Adidas AG - The company offers IT monitoring tools such as system monitoring, dependency monitoring, and integrated and API monitoring.

  • adidas AG - Under the unified segment, the company offers products such as BMC Helix Service and Operations Management, TrueSight IT Operations and Automation, Mainframe, Control-M Workflow Orchestration.

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.

The in-the-water sports equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

In-The-Water Sports Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the in-the-water sports equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for In-The-Water Sports Equipment Market?

In-The-Water Sports Equipment Market Market segmentation by region

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45% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for in-the-water sports equipment in North America. Market growth in this region will be faster than the growth of the market in the European, APAC, and MEA regions.

The promotional campaigns and initiatives and high participation rate in water sports will facilitate the in-the-water sports equipment market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The market in North America was adversely affected in 2020 due to the outbreak of the COVID-19 pandemic. This outbreak led the governments of several countries in the region to impose a total lockdown, which led to the isolation of people in their homes. The pandemic had a negative impact on practicing activities, as most people could not participate in fitness activities, especially in swimming pools and sports clubs. In 2021, the market for in-water sports equipment will grow due to the increasing relaxation of lockdown regulations and the opening of sports clubs, water sports events, and others. This will drive the need for in-water sports equipment and accessories, which will concurrently drive the market in focus during the forecast period.

What are the Revenue-generating Product Segments in the In-The-Water Sports Equipment Market?

In-The-Water Sports Equipment Market Segmentation

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The in-the-water sports equipment market share growth by the sports gear segment will be significant during the forecast period. The water sporting gear segment is expected to gain pace in the coming years with the rising popularity of different types of water sporting activities and the reopening of water sports events, clubs, and amusement parks after the pandemic.

This report provides an accurate prediction of the contribution of all the segments to the growth of the in-the-water sports equipment market size and actionable market insights on post COVID-19 impact on each segment.

 

In-The-Water Sports Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.91%

Market growth 2022-2026

$ 5.78 billion

Market structure

Fragmented

YoY growth (%)

2.57

Regional analysis

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

Performing market contribution

North America at 45%

Key consumer countries

US, UK, China, France, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

adidas AG, Arena SPA, Baden Sports Inc., Boardriders Inc., KAP7 International, Mikasa Corp., Nike Inc., Pentland Brands Ltd., Turbo Swim, and Under Armour Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the 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 Data Covered in this In-The-Water Sports Equipment Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive in-the-water sports equipment market growth during the next five years
  • Precise estimation of the in-the-water sports equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the in-the-water sports equipment industry 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 in-the-water sports equipment market vendors

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1. Executive Summary                         

               1.1 Market overview 

                              Exhibit 01: Executive Summary – Chart on Market Overview

                              Exhibit 02: Executive Summary – Data Table on Market Overview

                              Exhibit 03: Executive Summary – Chart on Global Market Characteristics

                              Exhibit 04: Executive Summary – Chart on Market by Geography

                              Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user

                              Exhibit 06: Executive Summary – Chart on Incremental Growth

                              Exhibit 07: Executive Summary – Data Table on Incremental Growth

                              Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 09: Parent market

                              Exhibit 10: Market Characteristics

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 11: Offerings of vendors included in the market definition

               3.2     Market segment analysis             

                              Exhibit 12: Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021-2026   

                              Exhibit 15: Chart on Global - Market size and forecast 2021-2026 ($ million)

                              Exhibit 16: Data Table on Global - Market size and forecast 2021-2026 ($ million)

                              Exhibit 17: Chart on Global Market: Year-over-year growth 2021-2026 (%)

                              Exhibit 18: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 17: Five forces analysis - Comparison between2021 and 2026

               4.2 Bargaining power of buyers            

                              Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

               4.3 Bargaining power of suppliers        

                              Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

               4.4 Threat of new entrants     

                              Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

               4.5 Threat of substitutes          

                              Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

               4.6 Threat of rivalry   

                              Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

               4.7 Market condition 

                              Exhibit 25: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel                     

               5.1 Market segments

                              The segments covered in this chapter are Offline and Online.

                              Exhibit 26: Chart on Distribution Channel - Market share 2021-2026 (%)

                              Exhibit 27: Data Table on Distribution Channel - Market share 2021-2026 (%)

               5.2 Comparison by Distribution Channel           

                              Exhibit 28: Chart on Comparison by Distribution Channel

                              Exhibit 29: Data Table on Comparison by Distribution Channel

               5.3 Offline - Market size and forecast 2021-2026          

                              Exhibit 30: Chart on Offline - Market size and forecast 2021-2026 ($ million)

                              Exhibit 31: Data Table on Offline - Market size and forecast 2021-2026 ($ million)

                              Exhibit 32: Chart on Offline - Year-over-year growth 2021-2026 (%)

                              Exhibit 33: Data Table on Offline - Year-over-year growth 2021-2026 (%)

               5.4 Online - Market size and forecast 2021-2026          

                              Exhibit 34: Chart on Online - Market size and forecast 2021-2026 ($ million)

                              Exhibit 35: Data Table on Online - Market size and forecast 2021-2026 ($ million)

                              Exhibit 36: Chart on Online - Year-over-year growth 2021-2026 (%)

                              Exhibit 37: Data Table on Online - Year-over-year growth 2021-2026 (%)

               5.5 Market opportunity by Distribution Channel           

                              Exhibit 38: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by Product               

               6.1 Market segments

                              The segments covered in this chapter are Sports gear and Sports apparel.

                              Exhibit 39: Chart on Product - Market share 2021-2026 (%)

               6.2 Comparison by Product    

                              Exhibit 40: Chart on Comparison by Product

                              Exhibit 41: Data Table on Comparison by Product

               6.3 Sports gear - Market size and forecast 2021-2026  

                              Exhibit 42: Chart on Sports gear - Market size and forecast 2021-2026 ($ million)

                              Exhibit 43: Data Table on Sports gear - Market size and forecast 2021-2026 ($ million)

                              Exhibit 44: Chart on Sports gear - Year-over-year growth 2021-2026 (%)

                              Exhibit 45: Data Table on Sports gear - Year-over-year growth 2021-2026 (%)

               6.4 Sports apparel - Market size and forecast 2021-2026           

                              Exhibit 46: Chart on Sports apparel - Market size and forecast 2021-2026 ($ million)

                              Exhibit 47: Data Table on Sports apparel - Market size and forecast 2021-2026 ($ million)

                              Exhibit 48: Chart on Sports apparel - Year-over-year growth 2021-2026 (%)

                              Exhibit 49: Data Table on Sports apparel - Year-over-year growth 2021-2026 (%)

               6.5 Market opportunity by Product     

                              Exhibit 50: Market opportunity by Product ($ million)

7 Market Segmentation by Type                     

               7.1 Market segments

                              The segments covered in this chapter are Swimming, Water aerobics, and Water polo.

                              Exhibit 51: Chart on Type - Market share 2021-2026 (%)

                              Exhibit 52: Data Table on Type - Market share 2021-2026 (%)

               7.2 Comparison by Type          

                              Exhibit 53: Chart on Comparison by Type

                              Exhibit 54: Data Table on Comparison by Type

               7.3 Swimming - Market size and forecast 2021-2026   

                              Exhibit 55: Chart on Swimming - Market size and forecast 2021-2026 ($ million)

                              Exhibit 56: Data Table on Swimming - Market size and forecast 2021-2026 ($ million)

                              Exhibit 57: Chart on Swimming - Year-over-year growth 2021-2026 (%)

                              Exhibit 58: Data Table on Swimming - Year-over-year growth 2021-2026 (%)

               7.4 Water aerobics - Market size and forecast 2021-2026         

                              Exhibit 59: Chart on Water aerobics - Market size and forecast 2021-2026 ($ million)

                              Exhibit 60: Data Table on Water aerobics - Market size and forecast 2021-2026 ($ million)

                              Exhibit 61: Chart on Water aerobics - Year-over-year growth 2021-2026 (%)

                              Exhibit 62: Data Table on Water aerobics - Year-over-year growth 2021-2026 (%)

               7.5 Water polo - Market size and forecast 2021-2026  

                              Exhibit 63: Chart on Water polo - Market size and forecast 2021-2026 ($ million)

                              Exhibit 64: Data Table on Water polo - Market size and forecast 2021-2026 ($ million)

                              Exhibit 65: Chart on Water polo - Year-over-year growth 2021-2026 (%)

                              Exhibit 66: Data Table on Water polo - Year-over-year growth 2021-2026 (%)

               7.6 Market opportunity by Type          

                              Exhibit 67: Market opportunity by Type ($ million)

6. Customer landscape                        

                              Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               6.1 Customer landscape overview       

                              Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape                     

               9.3 North America - Market size and forecast 2021-2026          

                              Exhibit 69: Chart on North America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 70: Data Table on North America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 71: Chart on North America - Year-over-year growth 2021-2026 (%)

                              Exhibit 72: Data Table on North America - Year-over-year growth 2021-2026 (%)

               9.4 Europe - Market size and forecast 2021-2026         

                              Exhibit 73: Chart on Europe - Market size and forecast 2021-2026 ($ million)

                              Exhibit 74: Data Table on Europe - Market size and forecast 2021-2026 ($ million)

                              Exhibit 75: Chart on Europe - Year-over-year growth 2021-2026 (%)

                              Exhibit 76: Data Table on Europe - Year-over-year growth 2021-2026 (%)

               9.5 APAC - Market size and forecast 2021-2026             

                              Exhibit 77: Chart on APAC - Market size and forecast 2021-2026 ($ million)

                              Exhibit 78: Data Table on APAC - Market size and forecast 2021-2026 ($ million)

                              Exhibit 79: Chart on APAC - Year-over-year growth 2021-2026 (%)

                              Exhibit 80: Data Table on APAC - Year-over-year growth 2021-2026 (%)

               9.6 South America - Market size and forecast 2021-2026          

                              Exhibit 81: Chart on South America - Market size and forecast 2021-2026 ($ million)

                              Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)

                              Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)

               9.7 Middle East and Africa - Market size and forecast 2021-2026           

                              Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                              Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                              Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

               9.8 US - Market size and forecast 2021-2026   

                              Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)

                              Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)

                              Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)

                              Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)

               9.9 France - Market size and forecast 2021-2026          

                              Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ million)

                              Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ million)

                              Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)

                              Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)

               9.10 China - Market size and forecast 2021-2026          

                              Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)

                              Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)

                              Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)

                              Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)

               9.11 Canada - Market size and forecast 2021-2026       

                              Exhibit 100: Chart on Canada - Market size and forecast 2021-2026 ($ million)

                              Exhibit 101: Data Table on Canada - Market size and forecast 2021-2026 ($ million)

                              Exhibit 102: Chart on Canada - Year-over-year growth 2021-2026 (%)

                              Exhibit 103: Data Table on Canada - Year-over-year growth 2021-2026 (%)

               9.12 Market opportunity by geography            

                              Exhibit 104: Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              10.1.1 Technological advances in water sports equipment

                              10.1.2 Increasing interest and participation in water sports

                              10.1.3 Growing consumer preference for fitness

               8.2 Market challenges              

                              10.2.1 Strict regulations on high tech swimsuits

                              10.2.2 Religious restrictions on swimwear

                              10.2.3 Lack of sponsorships and mass media appeal

               8.3 Impact of drivers and challenges   

                              Exhibit 105: Impact of drivers and challenges in 2021 and 2026

               8.4 Market trends      

                              10.4.1 Greater popularity of in water sports

                              10.4.2 Increase in the number of female participation in water sports

                              10.4.3 Growing number of water pools worldwide

9. Vendor Landscape                            

               9.1 Overview

               9.2 Vendor landscape

                              Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

               9.3 Landscape disruption         

                              Exhibit 107: Overview on factors of disruption

               9.4 Industry risks        

                              Exhibit 108: Impact of key risks on business

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 109: Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 110: Matrix on vendor position and classification

               12.3 adidas AG            

                              Exhibit 111: adidas AG - Overview

                              Exhibit 112: adidas AG - Business segments

                              Exhibit 113: adidas AG - Key news

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
Technavio

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
Technavio

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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In-the-Water Sports Equipment market growth will increase by $5788.79 million during 2022-2026.
The in-the-water sports equipment market is expected to grow at a CAGR of 3.91% during 2022-2026.
Technavio has segmented the in-the-water sports equipment market by distribution channel (Sports gear and Sports apparel) ,product (Offline and Online) , and type (Swimming, Water aerobics, and Water polo).
adidas AG, Aqua Lung International, Arena Spa, BEUCHAT INTERNATIONAL S.A.S, Boardriders Inc., Apollo Sports USA, Billabong, Cressi Sub Spa, Johnson Outdoors Inc., KAP7 International, Mares Spa, Mikasa Corp., Nike Inc., Obrien, Pentland Brands Ltd., Speedo International Ltd, Turbo Swim, Under Armour Inc. are a few of the key vendors in the in-the-water sports equipment market.
North America will register the highest growth rate of 44.62% among the other regions. Therefore, the in-the-water sports equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the in-the-water sports equipment market growth are:
  • Technological advances in water sports equipment
  • Greater popularity of in water sports
The in-the-water sports equipment market vendors should focus on grabbing business opportunities from the sports gear segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
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  • What are the key factors driving and challenging this market’s growth?
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  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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