About Monofin
A monofin is a kind of flipper that holds the two feet together and furnishes additional force with each kick. As a feature of a mermaid tail, it additionally gives a few or the entirety of the shape and structure of the mermaid balance. Swimmable mermaid tails with monofins arrive in an assortment of monofin types and sizes. The kind of monofin ought to be the main consideration to consider while picking a mermaid tail.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Monofin market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Leaderfins (United Kingdom), Sopras Group (France), Specialfins (Estonia), SPETTON (United States), Cetma Composites Srl (Italy), Fin Fun (United States), Mertailor (United States) and Sun Tail Mermaid (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Monofin market by Type (Classic Monofins, Recreational & Training Monofins and Professional Monofins (AKA Hyper Monofins, Rocket Monofins)), Application (Personal Use and Professional Use) and Region.
On the basis of geography, the market of Monofin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Monofins Group, the sub-segment i.e. Freediving will boost the Monofin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Monofin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Adults will boost the Monofin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing government support for promoting sports activities
Market Growth Drivers:
Increasing participation of the player in the Fin Swimming a competitive sport at a world championship level
Challenges:
Availability of local manufacturers
Restraints:
Fluctuated price of raw material
Opportunities:
Increasing demand from developing countries such as India
In November 2022,CapeCali launched their first mermaid tails and matching divewear. mermaid tails are now made of eco-friendly fabric.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Monofin Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.