DUBLIN, Nov 24, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Water Sports Gear and Equipment Market 2016-2020" report to their offering.
Water sports gear and equipment include gear and equipment for any sports activity conducted in water, under water, and on water. The global water sports gear and equipment market is expected to grow at a CAGR of 5.37% during the forecast period. This growth can be attributed to the increasing interest for water tourism, including sailing and boating.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is artificial water sports experiences. For every version of an outdoor adventure sport, an indoor version of the same is available today. This will likely become an important trend in the global water sports gear and equipment market during the forecast period. Water sports equipment are costlier in comparison to the other traditional sports equipment available in the market. Also, for most water sports, enthusiasts or athletes need to travel long distances during proper seasons to participate in that particular sports activity. Hence, the availability of these man-made facilities for the same is expected to boost the market's growth for significantly.
According to the report, one of the primary drivers in the market is increasing popularity and subsequent participation rates in water sports. Water sports like scuba diving, surfing, and snorkeling have become an inherent part of recreational activities over the past decade. Recently, various government bodies have actively started emphasizing the promotion of water sports to increase the revenue generated from the tourism industry across the globe. Many promotional campaigns are being run by both local governments and tour operators in several countries, which, in turn, are resulting in the growth of the water sports industry at large. Changing demographics and lifestyles, along with an increase in recreational expenditures, have been aiding in increasing the popularity of outdoor sports.
- American Underwater Products
- Aqua Lung
- Wilderness Systems
Key Topics Covered:
Table of Content
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by sports
Part 07: Market segmentation by product
Part 08: Market segmentation by retail format
Part 09: Geographical segmentation
Part 10: Key leading countries
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/l7l49s/global_water
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SOURCE Research and Markets