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Wetsuits Market Report By Regional Revenue & Growth Forecast 2019-2025

Author : Rahul Varpe | Published Date : 2019-07-30 

U.S. wetsuits market was estimated at over USD 110 million in 2015, with the regional surfing industry valued at over 7 billion in the same year. U.S. triathlon market revenue was over USD 2.5 billion in 2014, which is expected to prove favourable for wetsuit sales.

Asia Pacific wetsuits market size is predicted to witness significant growth owing to increasing spending on leisure activities. North America wetsuits market is anticipated to experience considerable growth from 2016 to 2023. Distribution channels include surf shops, general purpose sporting goods stores, company-owned stores, fashion retailers, and online stores.

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Global wetsuits market size is estimated to grow at a CAGR of over 4% from 2016 to 2023. Increasing demand for luxury sports is likely to boost the industry over the forecast period. Water sports need waterproof apparel with various characteristics such as breathability and thermal padding. Growing urbanization accompanied by dual-earning households is likely to increase disposable income and contribute to consumption.

Neoprene contains small nitrogen gas bubbles, which reduce transport of heat via gas by convection similar to cloth fabric. The suits are required to have snug fit for working efficiently when immersed. Loose fitting may allow outside cold water to enter continuously, especially from the openings at cross joints. These suits provide buoyancy, abrasion resistance, and thermal insulation as they are produced using foamed neoprene. The insulation is directly proportional to the gas bubbles enclosed in the garment material. This in turn helps in reducing heat conduction capacity.

The suits are mainly used for thermal insulation when the user is immersed in water or frequently drenched with heavy spray. Activities such as sailing, underwater diving, river rafting, surfing, white-water kayaking, endurance swimming, and sea rescue operations are anticipated to fuel wetsuits market growth. Growing participation of women in water sports is also expected to boost demand.

The Wetsuits Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Wetsuits Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis 
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends

4. Wetsuits Industry Product Insights
5. Wetsuits Industry Application Insights

6. Wetsuits Industry Regional Insights
7. Competitor Profiles

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/wetsuits-market

Semi-dry suits are effective costumes with efficient seals at the neck, ankles & wrist and zipper. This seal prevents water from entering inside and the user remains comfortable in spite of getting wet. Furthermore, the trapped water does not affect the insulating ability. These are usually produced from thick neoprene that provides high thermal protection at low levels.

However, it loses its buoyancy and thermal protection abilities as the gas bubbles compress at depth. These are most appropriate for use where the water temperature ranges from 50° F to 68° F.

Reasons to Buy This Report:

1. Wetsuits Market size & share forecast by product & application 2019-2025

2. Growth drivers, pitfalls & industry challenges

3. Key Wetsuits Market growth opportunities & emerging business models

4. Competitive benchmarking with market share analysis and company profiles

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Key players accumulating major wetsuits market share include O'Neill, Billabong International, Quiksilver, and Patagonia. Other notable participants are Buell Wetsuits, Body Glove, C-Skins, Musto, Helly Hansen, Rip Curl, and Xcel Brands. Taiwan’s Sheico Group is a major exporter of wetsuits, and employs vertical integration as a key growth strategy.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Read more news - https://www.marketwatch.com/press-release/redispersible-polymer-powder-market-2019-regional-insights-industry-growth-forecast-to-2025-2019-07-30

https://www.marketwatch.com/press-release/silver-nanowires-market-2019-2025-by-industry-growth-regional-forecast-2019-07-30

 

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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