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Global Wetsuits Sales Market Report 2023
SKU ID : QYR-23310694 | Publishing Date : 27-Mar-2023 | No. of pages : 153
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.
Market Analysis and Insights: Global Wetsuits Market
Due to the COVID-19 pandemic, the global Wetsuits market size is estimated to be worth US$ 3384 million in 2022 and is forecast to a readjusted size of US$ 4622 million by 2029 with a CAGR of 4.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Hooded Wetsuits accounting for % of the Wetsuits global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Leisure and Sports segment is altered to an % CAGR throughout this forecast period.
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.
Global Wetsuits Scope and Market Size
The global Wetsuits market is segmented by company, region (country), type and end-user. Players, stakeholders, and other participants in the global Wetsuits market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and end-user for the period 2018-2029.
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
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other 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
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.
Market Analysis and Insights: Global Wetsuits Market
Due to the COVID-19 pandemic, the global Wetsuits market size is estimated to be worth US$ 3384 million in 2022 and is forecast to a readjusted size of US$ 4622 million by 2029 with a CAGR of 4.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Hooded Wetsuits accounting for % of the Wetsuits global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Leisure and Sports segment is altered to an % CAGR throughout this forecast period.
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.
Global Wetsuits Scope and Market Size
The global Wetsuits market is segmented by company, region (country), type and end-user. Players, stakeholders, and other participants in the global Wetsuits market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and end-user for the period 2018-2029.
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
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other 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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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