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.
Developed countries are the main wetsuit consuming countries.
The United States is the world's largest consumer market. Its sales account for about 40% of the world.
Consumption of Europe mainly concentrated in south of the Mediterranean and the United Kingdom. Its sales account for a quarter of the world.
The Australia with vast coastal resources is the world's third consumer market, accounting for about 20% share of the world.
Generally, the main materials are nylon-neoprene-nylon or spandex-neoprene-spandex, but recently, there are some new materials of plant used in wetsuits industry.
In my opinion, in future, wetsuits industry must be promoted in the high-end direction, and the raw materials will be more flexible and resistant.
According to this study, over the next five years the Wetsuits market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 3690 million by 2024, from US$ 2820 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wetsuits business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wetsuits market by product type, application, key manufacturers and key regions and countries.
This study considers the Wetsuits value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hooded Wetsuits
Full Wetsuits
Convertible Wetsuits
Sleeveless Wetsuits
Shorty or Spring Wetsuits
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Men
Women
Kids
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wetsuits consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wetsuits market by identifying its various subsegments.
Focuses on the key global Wetsuits manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wetsuits with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wetsuits submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Wetsuits . Industry analysis & Market Report on Wetsuits is a syndicated market report, published as Global Wetsuits Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Wetsuits market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.