The analysts forecast the global kiteboarding equipment market to grow at a CAGR of 9.65% during the period 2018-2022.
Kiteboarding is a surface water sport combining aspects of wakeboarding, windsurfing, surfing, paragliding, and gymnastics into one extreme sport. A kiteboarder harnesses the power of the wind with a large controllable power kite to be propelled across the water on a kiteboard similar to a wakeboard or a small surfboard.
The report covers the present scenario and the growth prospects of the global kiteboarding equipment market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of products including kites, accessories and boards.
The latest trend gaining momentum in the market is the innovative product launches heightening user safety. Vendors are introducing innovative and ergonomically-designed equipment like bars, locks, harnesses, kites, boards, and others.
One of the major drivers for this market is the increased participation and inclusion of kiteboarding in Olympics. Kiteboarding has seen increased participation from all over the world since the last couple of years.
The report states that one of the major factors hindering the growth of this market is the risk of accidents limiting interest in kiteboarding. One of the most pertinent factors hindering the growth of the market is the high degree of risks associated with water sports, including kiteboarding.
- Boards and More
- Pryde Group
- RICCI INTERNATIONAL
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Distribution Channel
08. Customer Landscape
09. Market Segmentation By Product
10. Regional Landscape
11. Decision Framework
12. Drivers And Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
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