Product Code: GVR-4-68040-443-3
Surface Water Sports Equipment Market Growth & Trends:
The global surface water sports equipment market size is expected to reach USD 19,577.5 million by 2030, and is anticipated to grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is undergoing significant transformation, fueled by the growing popularity of water sports, technological advancements, and a rising focus on health and wellness.
As more people turn to outdoor water sports activities for recreation and fitness, the demand for high-quality water sports gear is on the rise. This report explores the latest trends, key growth drivers, manufacturers' strategies, and emerging opportunities in this dynamic market. With the rise of adventure tourism, water sports such as kayaking, paddleboarding, and jet skiing are becoming major attractions. Many destinations are promoting eco-friendly water sports activities, further boosting the demand for related equipment.
Technological innovations are revolutionizing surface water sports equipment. Gear now features smart capabilities like GPS tracking, fitness monitoring, and advanced safety enhancements, including automatic inflators on life jackets, which appeal to tech-conscious consumers.
Water sports are valued not only for their recreational appeal but also for their health benefits. Activities like paddleboarding and kayaking provide excellent cardiovascular exercise, and the growing wellness trend is encouraging more people to invest in equipment that supports enjoyable fitness routines.
The market is poised for sustained growth, propelled by innovative product designs, impactful campaigns, strategic collaborations, and expanding distribution networks. Manufacturers and industry stakeholders have substantial opportunities to leverage shifting consumer trends and solidify their presence in the global surface water sports equipment market.
Leading brands are prioritizing research and development to meet market needs with innovative products. Companies such as Hobie and Naish are consistently launching new designs and materials to improve performance and enhance the user experience.
Surface Water Sports Equipment Market Report Highlights:
- Based on sports type, the board sports equipment segment possess a share of 52.5% in 2023. Many of these sports, including board sports, can be enjoyed in coastal areas, lakes, and rivers, making them widely accessible to a large number of enthusiasts. The growing availability of surf schools, rental shops, and accessible coastal locations has further fueled the growth of these activities.
- Based on price range, premium priced segment is expected to witness a CAGR of 5.2% from 2024 to 2030.Premium priced equipment frequently integrates cutting-edge technological advancements, including upgraded materials such as carbon fiber and advanced composites, improved hydrodynamics, and smart features such as GPS tracking and performance analytics.
- The sale of surface water sports equipment through online distribution channels is expected to witness a CAGR of 5.7% from 2024 to 2030. Many manufacturers are increasingly shifting to direct-to-consumer sales through their websites, bypassing traditional retail channels. This strategy enables them to offer lower prices and exclusive products, which in turn boosts online sales.
- North America held a market share of 38.3% in 2023. The rising interest in these sports is fueling demand for related equipment. In North America, higher disposable incomes allow consumers to invest more in recreational activities and premium-quality gear.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sports Types & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Sports Type Outlook
- 2.3. Price Range Outlook
- 2.4. Distribution Channel Outlook
- 2.5. Regional Outlook
- 2.6. Competitive Insights
Chapter 3. Surface Water Sports Equipment Types Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis - Porter's
- 3.5. Market Entry Strategies
Chapter 4. Surface Water Sports Equipment Market: Sports Type Analysis & Estimates
- 4.1. Sports Type Analysis & Market Share, 2023 & 2030
- 4.2. Paddle Sports Equipment
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.3. Ski Sports Equipment
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.4. Board Sports Equipment
- 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 5. Surface Water Sports Equipment Market: Price Range Analysis & Estimates
- 5.1. Price Range Analysis & Market Share, 2023 & 2030
- 5.2. Mass
- 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3. Premium
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Surface Water Sports Equipment Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Sporting Goods Retailers
- 6.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.2. Online
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3. Supermarkets & hypermarkets
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4. Exclusive Brand Outlets
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5. Others
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Surface Water Sports Equipment Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key country dynamics
- 7.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key country dynamics
- 7.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Key country dynamics
- 7.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. Key country dynamics
- 7.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Key country dynamics
- 7.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Key country dynamics
- 7.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5. Spain
- 7.3.5.1. Key country dynamics
- 7.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Key country dynamics
- 7.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. Key country dynamics
- 7.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5. Australia & New Zealand
- 7.4.5.1. Key country dynamics
- 7.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. Key country dynamics
- 7.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Recent developments & impact analysis, by key market participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Sports Type Benchmarking
- 8.6. Company Market Share Analysis, 2023 (%)
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.9. Company Profiles
- 8.10. Belassi GmbH
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Sports Type Benchmarking
- 8.10.4. Strategic Initiatives
- 8.11. Blue Sea Watersports
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Sports Type Benchmarking
- 8.11.4. Strategic Initiatives
- 8.12. BomBoard LLC
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Sports Type Benchmarking
- 8.12.4. Strategic Initiatives
- 8.13. Decathlon SA
- 8.13.1. Company Overview
- 8.13.2. Financial Performance
- 8.13.3. Sports Type Benchmarking
- 8.13.4. Strategic Initiatives
- 8.14. Escalade Inc.
- 8.14.1. Company Overview
- 8.14.2. Financial Performance
- 8.14.3. Sports Type Benchmarking
- 8.14.4. Strategic Initiatives
- 8.15. Imagine Nation Sports LLC
- 8.15.1. Company Overview
- 8.15.2. Financial Performance
- 8.15.3. Sports Type Benchmarking
- 8.15.4. Strategic Initiatives
- 8.16. Johnson Outdoors Inc.
- 8.16.1. Company Overview
- 8.16.2. Financial Performance
- 8.16.3. Sports Type Benchmarking
- 8.16.4. Strategic Initiatives
- 8.17. Kent Water Sports LLC
- 8.17.1. Company Overview
- 8.17.2. Financial Performance
- 8.17.3. Sports Type Benchmarking
- 8.17.4. Strategic Initiatives
- 8.18. KJK Sports
- 8.18.1. Company Overview
- 8.18.2. Financial Performance
- 8.18.3. Sports Type Benchmarking
- 8.18.4. Strategic Initiatives
- 8.19. Marine Products Corp.
- 8.19.1. Company Overview
- 8.19.2. Financial Performance
- 8.19.3. Sports Type Benchmarking
- 8.19.4. Strategic Initiatives