Kayak Accessories Market Share with Emerging Growth of Top Companies | Forecast 2027
Kayak Accessories Market -Overview
The surge in the outdoor living trend is estimated to
motivate the kayak accessories market. Reports created by MRFR detail the
developments in the industry that can be expected in the market through the
forecast period. The market is estimated to gain an income base of USD 279.6
million with a 3.85 % CAGR by 2027.
The development of the active lifestyle trend and that of
mobile living is estimated to create traction for the kayak accessories market
in the future. The development of adventure camps by clubs is estimated to
create further impetus in the kayak accessories market in the upcoming period.
The improvements in the overall durability and design of kayaks are estimated
to favour further growth in the kayak
accessories market share in the impending period.
Competitive Analysis
The use of online channels is estimated to gain more
precedence as the market comes to terms with the new business realities. The
government support is estimated to have a positive scope for the development in
several key areas of the global market. The market is estimated to move forward
with caution due to the experiences gained during the pandemic. The surge in
innovation and resynchronization of the operation and distribution cycle is
estimated to create a constructive situation for the overall market's future.
The rise in acquisitions and mergers is estimated to recreate an encouraging
environment for the players, leading to several new product offerings. The
promotion of international trade is predicted to create a promising overall
effect on the market, with many companies choosing this period to test new and
untapped markets. The advancement in the global distribution chains is
estimated to further enrich the market's progress in the coming period.
The notable contenders in the kayak accessories market are
Johnson Outdoors Inc. (US), Delta Kayaks Ltd (Canada), Eddyline Kayaks, LLC
(US), Kokatat, Inc. (US), Hobie Company, Inc. (US), Northwest River Supplies
(NRS) (US), Pelican International Inc. (Canada), Bending Branches (US),
Confluence Outdoor (US) and Werner Paddles, Inc. (US).
Segmental Analysis
The segmentation of the kayak accessories market is carried
out on the basis of product type, distribution channel, and region. The product
type segment of the kayak
accessories market research report consists of paddles and paddlers, seats,
bags, apparel and helmets, storage, and life jackets and safety gear. The kayak
accessories market segment consists of Asia Pacific, Europe, North America, and
other crucial regions. The distribution channel segment of the kayak
accessories market consists of non-store-based and store-based
Detailed Regional Analysis
The regional examination of the kayak accessories market
includes regions such as Asia Pacific, Europe, North America, and other crucial
regions. The North American region will hold the largest kayak accessories
market share in 2019.
The regional transactions of kayak accessories have been
climbing due to the increasing inclination for recreational sports pursuits. In
addition, the mounting need for kayak accessories from foreign and national
tourists is also propelling the kayak accessories market in the region. Also,
the speedy development of surfing contests and events is projected to
contribute to the growth of the North American market during the forecast
period. The Asia Pacific kayak accessories market is a new revenue segment for
the global market. The mounting population in the nations of China and India
has shaped an optimistic market for the existing companies. A high
predisposition for sports activities in the youth segment and the upward
approval of fishing are motivating the development of the kayak accessories
market in the region.
Industry Updates:
Mar 2021 Oru, the California-based company, has introduced
its latest models, which double down on the feature that makes these kayaks
unique and beneficial. With novel design tweaks and enhancements across almost
all of its kayaks, the brand's 2021 lineup unites better performance with
outstanding portability. Each of Oru's kayaks now is equipped with sturdier
footrests for improved comfort and toughness and new, more inflexible
floorboards that are similar to tech debuted on the Inlet, which helps them
follow better on the water.
Nov 2020 Gearo, an outdoor gear marketplace, has launched
the world's primary gear rental pass through their network of 200+ outdoor
sellers and 75+ cities. The card gives customers a reasonable way to access
thousands of rental merchandise. The groups that regulars have access to
consist of kayak, snowboard, ski, bike, SUP and camp gear that are obtainable
throughout the year.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and
Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013,
United States of America
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