Water Sports Apparel Market Scope
Increase in the number of water sports enthusiasts, which in turn drives the demand for water sports apparel. Online platforms or e-commerce are becoming a popular medium for the purchase of water sports apparel among the custom. Changing lifestyle and fashion trends are projected to drive the global sports apparel market during the forecast period.
Key players are exploring the market in new areas by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. Key players are introducing new products to avail competitive advantage Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Water Sports Apparel market throughout the predicted period.
Billabong (United States), Columbia Sportswear (United States), Fox Watersports (United States), Jet Pilot (Australia), o 'Neill (United States), Rip Curl (United States) and Salt Life (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Water Sports Apparel market by Type (Wetsuits and Swimwear) and Region with country level break-up.
On the basis of geography, the market of Water Sports Apparel 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).
Influencing Trend:
Increasing Number of Water Sports Facilities Across the Globe and Developing Water Sports Apparel with New Fabrics
Market Growth Drivers:
Growing Number of Water Sports Enthusiasts and Rising Disposable Income levels, especially in the Emerging Economies
Challenges:
Availability of Counterfeit Product
Restraints:
Fluctuation in the Price of Raw Material
Opportunities:
Increased the Number of Participants in Water Sports Activities, Rapid Growth of Online Retail Platform and Growing Women Involvement in Water Sports
The U.S. Customs and Border Protection (CBP) and the Federal Trade Commission (FTC) enforce labeling laws and acts in the United States. In general, textile and apparel products sold in the United States must be labeled with the following information: the fiber content, the country of origin, the manufacturer or dealer identity, and the care instructions
Key Target Audience
Manufacturers of Water Sports Apparel, Suppliers of Water Sports Apparel, Wholesalers, Distributors, and Retailers of Water Sports Apparel, Apparel industry, Sports Industry, Governmental Bodies, Market Research Firms and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.