Global Sailing Jackets Market Size is estimated to expand rapidly in coming years, at a CAGR of xx.xx % from 2018 to 2025. In 2017, the global market valuation was USD 0.25 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. One of the biggest market drivers is the growing number of sailing events organized by different organizations. In-source participation is expected to continue to fuel demand for jackets for small sailboats, yacht racing, yacht cruising, powerboat racing, motor boat racing and other such activities.
Consumer preferences have shifted in recent years to free products for perfluorocarbons (PFCs). For the manufacture of waterproof outdoor apparel, including sailing jacks, PFC is commonly used. PFC is non-biodegradable, however. However, textile producers replace PFCs for waterproof jacket production with hydrocarbon-polymer-based and bio-based chemicals. Major firms produced free PFC jackets in accordance with consumption demand. Sailing is a popular leisure program in developed countries such as the United States, France, and the UK. SIFA reports that some 62% of American sailors have an annual household income of over USD 75 thousand, according to the Sports and Fitness Industry Association. However, marine sports associations encourage consumers to participate in the sport on medium and relatively low incomes.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global sailing jackets market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global sailing jackets market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Application Insights: On the basis of application, global sailing jackets market has been segmented into men, women, and kids. Men retained the biggest proportion of the industry in sales in 2018. More than thirds of the masculine respondents are fifteen or more occasions a year, according to the US survey of sailing. In Asia-Pacific countries, the gender gap is greater. Consequently in Asia Pacific men's racing suits have a slightly bigger industry than in North America and Europe. Over the forecast period, the Male Application Segment should proceed to hold major market share.
By Distribution Channel Insights: On the basis of distribution channel, global sailing jackets market has been segmented into offline and online. In 2018, the offline distribution channel was the industry leader in income. The most common supply chains in the globe are sports and custom retail shops.
The online portal is planned to grow from 2018 to 2025 with the highest CAGR. Some of the leading internet vendors in sailing suits are Amazon, Wetsuit Outlet and Sailing Pro Shop. The increasing amount of smart-phones and internet customers worldwide has increased the number of internet customers. More customers should opt for internet retail due to the clean purchasing experience along with simple billing procedures.
The sailing jackets market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
The leading share market was in North America in 2018. Recreational yachting is one of America's most famous hobby events. The sector in this area has been reinforced by increased involvement in naval activity. In addition, the lenient rules encouraged yacht acceptance as a sport. As a consequence, there has been important increase in supply for yacht facilities and clothing including coats. Furthermore, there are a big amount of sea sports organizations that have caused racing suits to be consumed in this area. Asia Pacific is anticipated to grow from 2018 to 2025 at its highest CAGR. The prominent global economies for coats are China, Australia, Vietnam, Thailand and South Korea. The development of the global economy is anticipated to increase as well as the number of marine operations and the accessibility of accessible coaching programs.
Global Sailing Jackets Market Size, Share Analysis by Region 2018
Global Sailing Jackets Market Study Objective
1. To forecast the market size of sailing jackets market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of sailing jackets market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of sailing jackets market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of sailing jackets market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the sailing jackets market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Canadian Tire Corporation, Limited, Gill Marine, Henri-Lloyd International Ltd., Marinepool, Sail Racing International, SLAM, Decathlon S.A., Burke Marine, Zhik Australia, and Magic Marine are some of the key players in the market of sailing jackets. In recent years, important competitors are involved in fusions and purchases to grow their enterprises.
Global Sailing Jackets Market Study Report Offer You!
The global sailing jackets market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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