The watersports suits market is anticipated to grow at a CAGR of 5.3% during the forecast period (2022-2028). Divers, surfers, and other persons who participate in water sports activities wear a watersports suit, which is often composed of foamed neoprene. The primary purpose of these garments is to provide thermal protection. It also aids buoyancy and protects against UV exposure, abrasion, and stings from aquatic critters. The market phase is being driven by expanding tourism and water sports activities throughout the globe. Moreover, the new product launches by prominent players operating in watersports suit the market and are another crucial factor creating the new prospect for market growth. In April 2022, SRFACE launched a new, more eco-conscious Yulex-based spring/summer wetsuit. Producing wetsuits in small batches allows the company to continuously update and improve its designs, based on customer feedback.
The global watersports suits market is segmented based on the type, application, and raw material. Based on the type, the market is sub-segmented into wetsuits, life jackets, swimwear, drysuits, and others. Based on the application, the market is sub-segmented into scuba diving, surfing, kayaking, and others. Based on the raw material, the market is sub-segmented into polystyrene, rubber neoprene, and foamed neoprene. Among these segments, the foamed neoprene segment is expected to propel the growth of the market due to the increasing usage and demand for watersports suits made of foamed neoprene globally.
The major market players in the global watersports suits market are Bare Sportswear Corp., Body Glove, Cressi-Sub S.p.A., Gaastra Sportswear (Star Collections B.V.), Pommec B.V., Typhoon International, Ltd., and TWF International, Ltd. among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2027, Aqualung, the world’s premier designer and producer of dive and water sports equipment, launched the XSCAPE range. For instance, in February 2020, Nike, renowned sports and athletic brand announced the launch of a small swim line. The Nike Victory Full-Coverage Swimsuit is part of the collection, which also includes swim separates including the Nike Victory Swim Hijab, Nike Victory Swim Tunic Top, and Nike Victory Swim Leggings.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Raw Material
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Bare Sportswear Corp., Body Glove, Cressi-Sub S.p.A., Gaastra Sportswear (Star Collections B.V.), Pommec B.V., Typhoon International, Ltd., and TWF International, Ltd. among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Watersports Suits Market Report by Segment
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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