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Wetsuits Market Analysis By Product (Wind Sports, Surfing, Scuba Diving, Triathlon) And Segment Forecasts To 2022

$4,700

The global wetsuits market size is expected to reach USD 1.18 billion by 2022, according to a new report by Grand View Research, Inc. Wetsuit refers to a garment typically prepared from foamed neoprene, which is worn by sailors, divers, surfers, and other individuals engaged in water sports, providing buoyancy, abrasion resistance, and thermal insulation. Various applications of wetsuits include water sports activities such as whitewater rafting, surfing, sailing, diving, and sea rescue operations. The growth prospects for this market are bullish due to increase in water sports and recreational activities such as surfing, diving, and water skiing…..

Total Pages: 93

wetsuits-market-analysis-by-product-wind-sports-surfing-scuba-diving-triathlon-and-segment-forecasts-to-2022
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Wetsuits Market Analysis Overview

The global wetsuits market size is expected to reach USD 1.18 billion by 2022, according to a new report by Grand View Research, Inc.

Wetsuit refers to a garment typically prepared from foamed neoprene, which is worn by sailors, divers, surfers, and other individuals engaged in water sports, providing buoyancy, abrasion resistance, and thermal insulation. Various applications of wetsuits include water sports activities such as whitewater rafting, surfing, sailing, diving, and sea rescue operations.

The growth prospects for this market are bullish due to increase in water sports and recreational activities such as surfing, diving, and water skiing. Developing economies have been experiencing a rise in life expectancy. People with better standards of living are more prone to stay active longer and invest in premium quality sports goods.

The rise in the number of women participating actively in water sports has led to a significant increase in the wetsuits demand across the globe. The number of female surf participants across coastal regions has increased considerably over the past few years. Rise in e-commerce, growing demand for women wetsuits, and increased disposable income are projected to drive wetsuits market over the forecast period.

However, increased adoption of dry suits over wet suits owing to benefits such as warmth, safety, added weight, cost of ownership, and versatility in application is presumed to challenge the industry growth.

Wetsuits Market Trends

Scuba diving accounted for over 30% of the overall market share in 2014 and is poised for considerable growth over the next seven years. Usage in scuba diving application offers waterproof apparels with properties such as breathability and thermal padding.
Surfing application accounted for close to 50% of the overall market share in 2014, and is expected to trigger consistent demand over the forecast period. The surfing industry has grown around the coastline over the past few years. New age development of wave parks and artificial waves, owing to proliferation of technology, is expected to provide significant opportunities for industry growth.
Projected to grow at an estimated CAGR of over 4% from 2015 to 2022, scuba diving application is expected to witness healthy growth. Use of wetsuits in scuba diving provides exposure protection, not only against water’s temperature, but also to objects that can scrape, cut or string.
Asia Pacific regional market is poised for high growth throughout the forecast period. It accounted for close to 20% of the overall market share in 2014. Increasing wages in the region have boosted surfing industry revenues as people have enough disposable income to pursue leisurely activities leading to proliferation of wetsuits.

Wetsuits Market Analysis -TOC

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumption

1.3. List of Data Sources

Chapter 2. Executive Summary

2.1. Wetsuits- Industry snapshot and key buying criteria, 2012 - 2022

Chapter 3. Wetsuits Industry Outlook

3.1. Market segmentation

3.2. Market size and growth prospects

3.3. Wetsuits value chain analysis

3.3.1. Vendor landscape

3.4. Wetsuits market dynamics

3.4.1. Market driver analysis

3.4.1.1. Growing occurrence and participation rate of triathlon

3.4.1.2. Growing demand for women wetsuits

3.4.2. Market restraint analysis

3.4.2.1. Adoption of dry suits over wetsuits

3.5. Key opportunities prioritized

3.6. Industry analysis - Porter's

3.7. Wetsuits company market share analysis, 2014

3.7.1. Market strategy overview

3.8. Wetsuits market PESTEL analysis, 2014

Chapter 4. Wetsuits Product Outlook

4.1. Wind sports

4.1.1 Global market estimates and forecasts, 2012 – 2022

4.1.2. Surfing

4.1.2.1. Global market estimates and forecasts, 2012 – 2022

4.1.3. Scuba Diving

4.1.3.1. Global market estimates and forecasts, 2012 – 2022

4.1.4. Triathlon

4.1.4.1. Global market estimates and forecasts, 2012 – 2022

Chapter 5. Wetsuits Regional Outlook

5.1. North America

5.1.1. Wetsuits market by product, 2012 – 2022

5.1.2. U.S.

5.1.2.1. Wetsuits market by product, 2012 – 2022

5.1.3. Canada

5.1.3.1. Wetsuits market by product, 2012 – 2022

5.2. Europe

5.2.1. Wetsuits market by product, 2012 – 2022

5.2.2. Germany

5.2.2.1. Wetsuits market by product, 2012 – 2022

5.2.3. UK

5.2.3.1. Wetsuits market by product, 2012 – 2022

5.3. Asia Pacific

5.3.1. Wetsuits market by product, 2012 – 2022

5.3.2. China

5.3.2.1. Wetsuits market by product, 2012 – 2022

5.3.3. Japan

5.3.3.1. Wetsuits market by product, 2012 – 2022

5.3.4. Australia

5.3.4.1. Wetsuits market by product, 2012 – 2022

5.4. Latin America

5.4.1. Wetsuits market by product, 2012 – 2022

5.4.2. Brazil

5.4.2.1. Wetsuits market by product, 2012 – 2022

5.4.3. Mexico

5.4.3.1. Wetsuits market by product, 2012 – 2022

5.5. MEA

5.5.1. Wetsuits market by product, 2012 – 2022

Chapter 6. Competitive Landscape

6.1. Arena Italia SPA

6.1.1. Company Overview
6.1.2. Financial Performance
6.1.3. Product Benchmarking
6.1.4. Strategic Initiatives

6.2. Aqua Lung

6.2.1. Company Overview
6.2.2. Financial Performance
6.2.3. Product Benchmarking
6.2.4. Strategic Initiatives

6.3. Billabong

6.3.1. Company Overview
6.3.2. Financial Performance
6.3.3. Product Benchmarking
6.3.4. Strategic Initiatives

6.4. Body Glove

6.4.1. Company Overview
6.4.2. Financial Performance
6.4.3. Product Benchmarking
6.4.4. Strategic Initiatives

6.5. Boz Wetsuits

6.5.1. Company Overview
6.5.2. Financial Performance
6.5.3. Product Benchmarking
6.5.4. Strategic Initiatives

6.6. Buell Wetsuits

6.6.1. Company Overview
6.6.2. Financial Performance
6.6.3. Product Benchmarking
6.6.4. Strategic Initiatives

6.7. Carapace Wetsuits

6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives

6.8. C-Skins Wetsuits Limited

6.8.1. Company Overview
6.8.2. Financial Performance
6.8.3. Product Benchmarking
6.8.4. Strategic Initiatives

6.9. Glidz Wetsuits

6.9.1. Company Overview
6.9.2. Financial Performance
6.9.3. Product Benchmarking
6.9.4. Strategic Initiatives

6.10. Helly Hansen

6.10.1. Company Overview
6.10.2. Financial Performance
6.10.3. Product Benchmarking
6.10.4. Strategic Initiatives

6.11. Hyperflex Wetsuits

6.11.1. Company Overview
6.11.2. Financial Performance
6.11.3. Product Benchmarking
6.11.4. Strategic Initiatives

6.12. Isurus Inc.

6.12.1. Company Overview
6.12.2. Financial Performance
6.12.3. Product Benchmarking
6.12.4. Strategic Initiatives

6.13. JMJ Wetsuits

6.13.1. Company Overview
6.13.2. Financial Performance
6.13.3. Product Benchmarking
6.13.4. Strategic Initiatives

6.14. Lunasurf

6.14.1. Company Overview
6.14.2. Financial Performance
6.14.3. Product Benchmarking
6.14.4. Strategic Initiatives

6.15. Musto Limited

6.15.1. Company Overview
6.15.2. Financial Performance
6.15.3. Product Benchmarking
6.15.4. Strategic Initiatives

6.16. O’Neill

6.16.1. Company Overview
6.16.2. Financial Performance
6.16.3. Product Benchmarking
6.16.4. Strategic Initiatives

6.17. Patagonia

6.17.1. Company Overview
6.17.2. Financial Performance
6.17.3. Product Benchmarking
6.17.4. Strategic Initiatives

6.18. Quiksilver Inc.

6.18.1. Company Overview
6.18.2. Financial Performance
6.18.3. Product Benchmarking
6.18.4. Strategic Initiatives

6.19. Rip Curl

6.19.1. Company Overview
6.19.2. Financial Performance
6.19.3. Product Benchmarking
6.19.4. Strategic Initiatives

6.20. ScubaPro

6.20.1. Company Overview
6.20.2. Financial Performance
6.20.3. Product Benchmarking
6.20.4. Strategic Initiatives

6.21. Shieco Group

6.21.1. Company Overview
6.21.2. Financial Performance
6.21.3. Product Benchmarking
6.21.4. Strategic Initiatives

6.22. Speedo

6.22.1. Company Overview
6.22.2. Financial Performance
6.22.3. Product Benchmarking
6.22.4. Strategic Initiatives

6.23. Xcel Inc.

6.23.1. Company Overview
6.23.2. Financial Performance
6.23.3. Product Benchmarking
6.23.4. Strategic Initiatives


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