Canoeing and Kayaking Equipment Market | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast Through 2025 | Technavio

The canoeing and kayaking equipment market in the Leisure Products industry is poised to grow by USD 105.37 million during 2021-2025. Technavio's latest market research report estimates that the canoeing and kayaking equipment market will be progressing at a CAGR of almost 2%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AIRE Inc., Airhead Sports Group, Aqua Marina, BIC Sport, Confluence Outdoor, GUMOTEX akciova spolecnost, HYSIDE Inflatables, Johnson Outdoors Inc., Malibu Kayaks, and NRS are some of the major market participants. Although the growing preference for recreational kayaking will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Canoeing and Kayaking Equipment Market 2021-2025: Segmentation

Canoeing and Kayaking Equipment Market is segmented as below: