Watersports Suits Market
Global Watersports Suits Market Size, Share, and Trends Analysis Report, By Type (Wetsuits, Life Jackets, Swim Wears, Drysuits, and Others) By Application (Scuba Diving, Surfing, Kayaking, and Others) By Raw Material (Polystyrene, Rubber Neoprene, and Foamed Neoprene), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global watersports suits market is anticipated to grow at a CAGR of 5.3% during the forecast period. The global watersports suit market growth is driven by the factors such as the rising inclination of people towards numerous watersports activities which include wakeboarding, water skiing, scuba diving, and rising sports tournaments and recreational activities globally. Moreover, these suits are gaining immense popularity owing to their diversified applications in sea rescue and other commercial operations, which in turn drive market growth. The rising adoption of modern materials and technologies, including polytherm tri-laminate material and no-stitch technology in watersports suits design and manufacturing, is expected to impel market growth.
Snorkeling and scuba diving are becoming an integral part of recreational activities, particularly among adventure and soft sports enthusiasts. Due to this, watersports suit manufacturers are investing in R&D to enhance the overall consumer experience. Apart from these, many government bodies globally are promoting watersports in their regions to increase tourism revenue and to motivate people towards an active lifestyle. Growing urbanization and financial boost in overall household income globally have enabled people to increase their spending on luxury sports and services thereby offering significant opportunities for industry growth.
The watersports suits market has registered a decline in growth during the COVID-19 pandemic. The pandemic led to the closure of all outdoor activities to curb the spreading of the virus among people by avoiding gatherings. This has affected the overall production of watersports suits and significantly impacted sales of wetsuits across all continents. Moreover, most of the recreational activities, major international sports, and tournaments had been postponed by the sports academics which hampered the overall production of the product at the time of the pandemic.
Segmental Outlook
The global watersports suits market is segmented based on type, application, and raw material. Based on type, the market is sub-segmented into wetsuits, life jackets, swim wears, drysuits, and others. Among these, the wetsuit segment is projected to gain the highest share owing to the growing popularity of water sports such as surfing, waterskiing, wakeboarding, swimming, Scuba, kayaking, triathlons, and others. Based on application, the market is subdivided into scuba diving, surfing, kayaking, and others. Based on raw materials, the market is classified into polystyrene, rubber neoprene, and foamed neoprene.
Based on material type, the rubber neoprene segment is likely to contribute a considerable share to the market growth during the forecast period. The increasing usage and demand for watersports suits made of foamed neoprene globally. Neoprene which is also known as polychloroprene is a very pliable rubber-like material with insulating properties like rubber or other solid plastics. Owing to an excellent temperature range performance, and flexible, stretchy, and water-resistant qualities, neoprene rubber is a premier material broadly used for designing watersports suits.
Regional Outlook
Geographically, the global watersports suits market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Europe is predicted to show notable growth in the global watersports suits market during the forecast period. A surge in scuba diving has been one of the major growth enablers for the watersports suits market. Countries such as Croatia and Italy mostly have adventurous cruises. For instance, Croatia’s Liveaboard boats are mostly adventure cruises that are snorkeling friendly. Italy has many great snorkeling spots, mostly on islands such as the Egadi Islands, Sicily, Capri, and others. Due to this, the demand for the product is high in the region.
Global Watersports Suits Market Growth by Region, 2022-2028
Asia-Pacific Held the Highest Share in the Global Watersports Suits Mark
Asia-Pacific region held the highest share in 2021 in the watersports suits market. The region is likely to dominate the market by accounting significant share during the forecast period. The rising number of diving centers has increased the demand for watersports suits. Apart from these centers, rising tourism, and human interference in marine life in some Asian marine hotspots also positively impact the demand for watersports suits in the region. Major sporting events, such as the Olympic Games, and football and rugby championships have become powerful tourism attractions- making a very positive contribution to the tourism image of the host destination. In 2017, Asia was the second-largest destination for international visitors and boasted the second-largest volume of international tourism receipts.
Market Players Outlook
The major market players in the global watersports suits market include Bare Sportswear Corp., Body Glove, Cressi-Sub S.p.A., Gaastra Sportswear (Star Collections B.V.), Pommec B.V., Typhoon International, Ltd., and TWF International, Ltd. among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2020, Body Glove expanded its watersports suits collection by launching Tati West Eco-Collection, a new eco-friendly swimwear collection designed in collaboration with professional surfer and 2021 Olympic qualifier, Tatiana Weston-Webb. The Tati West Eco-Collection is the company’s second collaboration with Tati.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in global watersports suit market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Watersports Suits Market by Type
4.1.1. Wetsuits
4.1.2. Life Jackets
4.1.3. Swimwears
4.1.4. Drysuits
4.1.5. Others
4.2. Global Watersports Suits Market by Application
4.2.1. Scuba Diving
4.2.2. Surfing
4.2.3. Kayaking
4.2.4. Others
4.3. Global Watersports Suits Market by Raw Material
4.3.1. Polystyrene
4.3.2. Rubber Neoprene
4.3.3. Foamed Neoprene
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. Aquanaut India
6.2. Bare Sportswear Corp.
6.3. Body Glove
6.4. Cressi-Sub S.p.A.
6.5. Gaastra Sportswear (Star Collections B.V.)
6.6. Gill Marine American, Inc.
6.7. HOIMO Co., Ltd.
6.8. JMJ Manufacture, Inc.
6.9. Jobe Sports International (Sport & Recreatie Den Bol B.V.)
6.10. Magic Marine (North Actionsports B.V.)
6.11. Marinepool
6.12. Pommec B.V.
6.13. Pro-Limit (Kubus Sports B.V.)
6.14. Typhoon International, Ltd.
6.15. TWF International, Ltd.
1. GLOBAL WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL WETSUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL LIFE JACKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SWIMWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL DRY SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHER WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL WATERSPORTS SUITS FOR SCUBA DIVING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL WATERSPORTS SUITS FOR SURFING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL WATERSPORTS SUITS FOR KAYAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL WATERSPORTS SUITS FOR OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
13. GLOBAL POLYSTYRENE WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL RUBBER NEOPRENE WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL FOAMED NEOPRENE WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. NORTH AMERICAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
21. EUROPEAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
23. EUROPEAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. EUROPEAN WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
29. REST OF THE WORLD WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32. REST OF THE WORLD WATERSPORTS SUITS MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
1. GLOBAL WATERSPORTS SUITS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL WATERSPORTS SUITS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
3. GLOBAL WATERSPORTS SUITS MARKET SHARE BY RAW MATERIAL, 2021 VS 2028 (%)
4. GLOBAL WATERSPORTS SUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
5. GLOBAL WETSUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL LIFE JACKETS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SWIM WEARS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL DRY SUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL OTHER WATERSPORTS SUITS TYPES, MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL WATERSPORTS SUITS FOR SCUBA DIVING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL WATERSPORTS SUITS FOR SURFING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL WATERSPORTS SUITS FOR KAYAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL WATERSPORTS SUITS FOR OTHER APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL POLYSTYRENE WATERSPORTS SUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL RUBBER NEOPRENE WATERSPORTS SUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL FOAMED NEOPRENE WATERSPORTS SUITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD WATERSPORTS SUITS MARKET SIZE, 2021-2028 ($ MILLION)
