The Kayaking Equipment Market is being driven by Rising interest in outdoor recreation
The Kayaking Equipment Market is expected to grow at a CAGR of 4.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 230.2 million. The global kayaking equipment market is witnessing a significant trend with the introduction of innovative new products. On May 5, 2024, Pelican International, a leading player in the industry, expanded its product portfolio by launching the iEscape110, an inflatable tandem kayak. This convertible design caters to both solo and tandem paddlers. Pelican's entry into the inflatable kayak segment is a strategic move following its acquisition of Advanced Elements. The iEscape110 boasts Durazone polyester material for durability and abrasion resistance, three Safetech air chambers for safety, a rigid I-beam floor for enhanced tracking, and Boston air valves with pressure relief for optimal inflation. Additional features include carry handles for easy transport, bungee deck lacing for ample gear storage, and an open cockpit design for effortless entry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
198 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.3% |
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Market growth 2025-2029 |
USD 230.2 million |
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Market structure |
market_structure.ucfirst |
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YoY growth 2024-2025(%) |
4.3 |
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Key countries |
US, Germany, Australia, Canada, UK, Japan, France, Brazil, Italy, and Spain |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Kayaking Equipment Market encompasses safety gear, specialized equipment for white-water kayaks and fishing kayaks, and other water recreation equipment. Digital marketing strategies are essential for engaging potential customers, including adventure tourism operators, rental services, water sports clubs, and retailers. New launches, customer service, and protective gear are key focus areas. Repeat demand comes from casual participants, experienced paddlers, and outdoor enthusiasts. Sales and marketing efforts include dealer visits, field events, and sales channels. Consumption expenditure is driven by a rapid change in the market, with new customers drawn to the healthy lifestyle benefits and smart, portable, and lightweight equipment for recreational paddling, endurance training, and white-water rafting. Safety gear, storage compartments, and brand stores are essential for meeting the needs of this diverse market.
The global leisure products market encompasses a range of sectors, including sports equipment, musical instruments, camping gear, recreational vehicles, bicycles, toys, and other consumer-focused games. According to Technavio, the global household durables market is determined by the consolidated revenue generated by manufacturers of household durables, comprising consumer electronics, home furnishings, homebuilding products, household appliances, housewares and specialties, and leisure products. The expansion of the global leisure products market is anticipated to be fueled by several factors, such as the surge in health and fitness club memberships. This trend is driven by the increasing recognition of the health benefits associated with regular exercise and the expanding number of health and fitness clubs. Furthermore, the growing popularity of adventure sports, such as kayaking and canoeing, is leading to a surge in demand for associated equipment, including fishing kayak accessories, canoe rentals, and adventure gear. Water sports retailers and outdoor gear stores are capitalizing on this trend by offering specialized products and participating in water sports events to attract customers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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