Global Wetsuits Market Research Report 2023

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.

Highlights

The global Wetsuits market was valued at US$ 3384 million in 2022 and is anticipated to reach US$ 4622 million by 2029, witnessing a CAGR of 4.5% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.

Global Wetsuits key players include O'Neill, Quiksilver, Billabong, Rip Curl, Body Glove, etc. Global top five manufacturers hold a share over 65%.

USA is the largest market, with a share over 35%, followed by Oceania and Europe, both have a share over 35%.

In terms of application, the largest application is Leisure and Sports, followed by Professionals, Military, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Wetsuits, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wetsuits.

The Wetsuits market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wetsuits market comprehensively. Regional market sizes, concerning products by type, by end-user and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Wetsuits manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by end-user and by regions.


By Company


O'Neill

Quiksilver

Billabong

Rip Curl

Body Glove

Aqua Lung

GUL

Hurley

Patagonia

Cressi

Osprey

Scubapro

Mares

Poseidon

Typhoon

TWF

Spartan

C-Skins

TUSA

Saekodive


Segment by Type


Hooded Wetsuits

Full Wetsuits

Convertible Wetsuits

Sleeveless Wetsuits

Shorty or Spring Wetsuits

Others

Segment by End-User

Leisure and Sports

Professionals

Military


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Wetsuits manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Sales, revenue of Wetsuits in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by end-user, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 9: The main points and conclusions of the report.