Watersports suits market is anticipated to grow at a CAGR of 5.3% during the forecast period. The global watersports suit market growth is driven by the factors such as the rising inclination of people towards numerous watersports activities which include wakeboarding, water skiing, scuba diving, and rising sports tournaments and recreational activities globally. Moreover, these suits are gaining immense popularity owing to their diversified applications in sea rescue and other commercial operations, which in turn drive market growth. The rising adoption of modern materials and technologies, including polytherm tri-laminate material and no-stitch technology in watersports suits design and manufacturing, is expected to impel market growth.
Snorkeling and scuba diving are becoming an integral part of recreational activities, particularly among adventure and soft sports enthusiasts. Due to this, watersports suit manufacturers are investing in R&D to enhance the overall consumer experience. Apart from these, many government bodies globally are promoting watersports in their regions to increase tourism revenue and to motivate people towards an active lifestyle. Growing urbanization and financial boost in overall household income globally have enabled people to increase their spending on luxury sports and services thereby offering significant opportunities for industry growth.
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The watersports suits market has registered a decline in growth during the COVID-19 pandemic. The pandemic led to the closure of all outdoor activities to curb the spreading of the virus among people by avoiding gatherings. This has affected the overall production of watersports suits and significantly impacted sales of wetsuits across all continents. Moreover, most of the recreational activities, major international sports, and tournaments had been postponed by the sports academics which hampered the overall production of the product at the time of the pandemic.
Watersports Suits Market Segmentation
By Type
- Wetsuits
- Life Jackets
- Swimwears
- Drysuits
- Others
By Application
- Scuba Diving
- Surfing
- Kayaking
- Others
By Raw Material
- Polystyrene
- Rubber Neoprene
- Foamed Neoprene
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Aquanaut India
- Bare Sportswear Corp.
- Body Glove
- Cressi-Sub S.p.A.
- Gaastra Sportswear (Star Collections B.V.)
- Gill Marine American, Inc.
- HOIMO Co., Ltd.
- JMJ Manufacture, Inc.
- Jobe Sports International (Sport & Recreatie Den Bol B.V.)
- Magic Marine (North Actionsports B.V.)
- Marinepool
- Pommec B.V.
- Pro-Limit (Kubus Sports B.V.)
- Typhoon International, Ltd.
- TWF International, Ltd.
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