DUBLIN--(BUSINESS WIRE)--The "Wetsuit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global wetsuit market is expected to grow at a CAGR of around 4% during 2019-2024.
Increasing participation in water-based sports activities and development of inland surfing grounds are the key factors driving the growth of the market. Furthermore, the introduction of novel technologies in the creation of artificial waves and wave parks are further enhancing product demand.
Manufacturers are extensively focusing on creating eco-friendly wetsuits using materials such as natural rubber and water-based glue as a substitute to neoprene. Additionally, green wetsuits are also being manufactured using recycled plastics, water bottles and fishing nets, which are gaining immense popularity amongst the consumers.
Various product innovations such as the introduction of shark repellant wetsuits that consist of Shark Attack Mitigation System (SAMS) have significantly impacted the market growth. It camouflages the diver using disruptive coloration and portrays him/her as a potential threat to the carnivore.
Moreover, the implementation of favorable policies to promote health management through surfing and diving activities along with rising disposable incomes, is expected to impact the market positively in the coming years.
The report has also analysed the competitive landscape of the market with some of the key players being O'Neill, Billabong, Rip Curl, Body Glove, Quiksilver, Helly Hansen, Boz Wetsuits, Arena Italia SPA, Hurley, Patagonia, Hyperflex Wetsuits, Speedo, GUL, Typhoon, Isurus, etc.
Key Questions Answered in This Report
- How has the global wetsuit market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global wetsuit industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the thickness?
- What is the breakup of the market based on the end-user?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global wetsuit industry?
- What are the key driving factors and challenges in the global wetsuit industry?
- What is the structure of the global wetsuit industry and who are the key players?
- What is the degree of competition in the global wetsuit industry?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Wetsuit Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Thickness
5.5 Market Breakup by End-user
5.6 Market Breakup by Application
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product Type
6.1 Hooded Wetsuits
6.2 Full Wetsuits
6.3 Convertible Wetsuits
6.4 Sleeveless Wetsuits
6.5 Shortly/Spring Wetsuits
7 Market Breakup by Thickness
7.5 > 5mm
8 Market Breakup by End-User
9 Market Breakup by Application
9.2 Scuba Diving
10 Market Breakup by Distribution Channel
10.1 Sport Variety Stores
10.2 Third Party Online Channels
10.3 Direct to Customer Channels
10.4 Franchised Stores
10.5 Modern Trade Channels
11 Market Breakup by Region
11.1 North America
11.4 Middle East and Africa
11.5 Latin America
12 SWOT Analysis
13 Value Chain Analysis
14 Porter's Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.3 Rip Curl
16.3.4 Body Glove
16.3.6 Helly Hansen
16.3.7 Boz Wetsuits
16.3.8 Arena Italia SPA
16.3.11 Hyperflex Wetsuits
For more information about this report visit https://www.researchandmarkets.com/r/ant171