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Wetsuits Industry Is Expected to Grow at a CAGR of 4.5% from 2018 - QY Research

The Wetsuits Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study researches the market size of Wetsuits, presents the global Wetsuits sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Wetsuits in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Wetsuits for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. A wetsuit is a special garment, usually made of foamed neoprene, which is worn by surfers, divers, windsurfers, canoeists, and others engaged in water sports, providing thermal insulation, abrasion resistance and buoyancy.

Wetsuits are used for thermal insulation for activities where the user is likely to be immersed in water, or frequently doused with heavy spray, often approaching from near-horizontal directions, where normal wet-weather clothing is unlikely to keep the water out. The insulation properties depend on bubbles of gas enclosed within the material, which reduce its ability to conduct heat. The bubbles also give the wetsuit a low density, providing buoyancy in water. Developed countries are the main wetsuit consuming countries. The United States is the world's largest consumer market. Its sales account for about 40% of the world.

Consumption of Europe mainly concentrated in south of the Mediterranean and the United Kingdom. Its sales account for a quarter of the world. The Australia with vast coastal resources is the world's third consumer market, accounting for about 20% share of the world. Generally, the main materials are nylon-neoprene-nylon or spandex-neoprene-spandex, but recently, there are some new materials of plant used in wetsuits industry. In my opinion, in future, wetsuits industry must be promoted in the high-end direction, and the raw materials will be more flexible and resistant.

In 2018, the global Wetsuits market size was 2820 million US$ and is forecast to 4010 million US in 2025, growing at a CAGR of 4.5% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wetsuits.

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This report includes the following manufacturers; we can also add the other companies as you want.

O'Neill

Quiksilver

Billabong

Rip Curl

Body Glove

Aqua Lung

GUL

Hurley

Patagonia

Cressi

Market Segment by Product Type

Hooded Wetsuits

Full Wetsuits

Convertible Wetsuits

Sleeveless Wetsuits

Shorty or Spring Wetsuits

Market Segment by Application

Men

Women

Kids

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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