Global Canoeing and Kayaking Equipment Market to Grow at a CAGR of 3.50% During 2017-2021

MarketResearchReports.Biz has announced addition of new report “Global Canoeing And Kayaking Equipment Market 2017-2021” to its database.


Albany, NY -- (SBWIRE) -- 02/09/2017 -- About Canoeing and Kayaking Equipment

Increased awareness of a healthy lifestyle and growing number of water sports enthusiasts are the major factors boosting the water sports equipment market in the Americas. The Americas is expected to maintain its leading position during the forecast period as well. A large number water sporting sites spread across Europe and outdoor sports enthusiasts make it the second-largest revenue contributor to the global water sports equipment market. France and Germany are the major contributors to the market in Europe. APAC is a fast-growing region among all the other geographic regions in the global water sports equipment market. South Korea and Australia are the prime markets for water sports equipment in the region, along with other prominent countries such as Indonesia, Hong Kong, Taiwan, Thailand, and Singapore.

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Technavios analysts forecast the global canoeing and kayaking equipment market to grow at a CAGR of 3.50% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global canoeing and kayaking equipment market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Technavio's report, Global Canoeing and Kayaking Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
BIC Sport

Other prominent vendors
Aqua Marina
Ocean Kayak
Malibu Kayaks
Rave Sports
Vanguard Inflatables

Market driver
Growing number of water sporting facilities worldwide.
For a full, detailed list, view our report

Market challenge
High costs of canoes and kayaks leading to preference for rentals.
For a full, detailed list, view our report

Market trend
Fitness benefits associated with canoeing and kayaking.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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