Wakeboard Market Forecast, Trends and Growth Assessment During 2018-2028
Declining participation in water sports activities continue to create challenges for wakeboard manufacturers. There has been a steady decline in water participation rates, as other appealing recreational activities have gained traction. According to a research conducted by the Outdoor Industry Association, over 144 million Americans participated in various types of outdoor activities at least once in 2016. However, the young adult participation in wakeboarding activities declined from 617,000 in 2015 to 572,000 in 2016. The overall participation in water sports...
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