Global Wetsuits Market Size study, by Product (Wind Sports, Surfing, Scuba Diving, Triathlon) and Regional Forecasts 2018-2025

Report Id

90787

Publisher Name

Bizwit Research & Consulting LLP

Published Date

1-Apr-19

No of Pages

200

Market Scenario

Global Wetsuits Market valued approximately USD 925.4 million in 2017 is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2018-2025. The Wetsuits Market is continuously growing in the global scenario at significant pace. A wetsuit provides thermal protection for divers and works on the principle that human body is the best source of heat. To help contain this heat underwater, these suits are made with a closed-cell foam material, which is filled with thousands of tiny gas bubbles trapped within the structure. When diver enters the water, the material allows a thin layer of water through the suit, filling the space between diver’s body and the inner layer of material. This layer of water warms up thanks to body temperature and helps keep diver comfortably insulated throughout the dive. Growing occurrence & participation rate of triathlon, rising trends of participation of women in water sports and increasing demand for women wetsuits are the substantial driving factors of the market during the forecast period. Moreover, proliferation of technological advancements is the factor that likely to creating lucrative opportunity in the near future. In addition, wetsuits offers various benefits such as it is flexible & comfortable to do water activities, it improves ability to swim at faster speed, it provide warmth to the swimmer in the cold water and so on. With these benefits, demand of wetsuits is growing among its end-users in all over the world. However, rising adoption of dry suits over wetsuits and seasonality of water sport activities are the factor that limiting the market growth of Wetsuits during the forecast period. The regional analysis of Global Wetsuits Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to favorable government support to promote water sports and increasing demand for water activities among people in the region. Further, Europe is estimated to grow as stable rate in the global Wetsuits market over the upcoming years. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to increasing spending on leisure activities and growing consumer interest towards surfing and diving across the region. The major market player included in this report are: Arena Italian SPA Aqua Lung Billabong Body Glove Boz Wetsuits C-Skins Wetsuits Ltd. Hyperflex Wetsuits Musto Ltd. Quiksilver Inc. Patagonia The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product: Wind Sports Surfing Scuba Diving Triathlon By Regions: North America U.S. Canada Europe UK Germany Asia Pacific China India Japan Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025 Target Audience of the Global Wetsuits Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

Table of Contents

Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Key Trends 1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion) 1.3.1. Wetsuits Market, by Product, 2015-2025 (USD Billion) 1.3.2. Wetsuits Market, by Region, 2015-2025 (USD Billion) 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Wetsuits Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Industry Evolution 2.2.2. Scope of the Study 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Wetsuits Market Dynamics 3.1. See Saw Analysis 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Wetsuits Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Buyers 4.1.2. Bargaining Power of Suppliers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model 4.2. PEST Analysis 4.2.1. Political Scenario 4.2.2. Economic Scenario 4.2.3. Social Scenario 4.2.4. Technological Scenario 4.3. Value Chain Analysis 4.3.1. Supplier 4.3.2. Manufacturers/Service Provider 4.3.3. Distributors 4.3.4. End-Users 4.4. Key Buying Criteria 4.5. Regulatory Framework 4.6. Cost Structure Analysis 4.6.1. Raw Material Cost Analysis 4.6.2. Manufacturing Cost Analysis 4.6.3. Labour Cost Analysis 4.7. Investment Vs Adoption Scenario 4.8. Analyst Recommendation & Conclusion Chapter 5. Wetsuits Market, by Product 5.1. Market Snapshot 5.2. Market Performance - Potential Model 5.3. Key Market Players 5.4. Wetsuits Market, Sub Segment Analysis 5.4.1. Wind Sports 5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 5.4.2. Surfing 5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 5.4.3. Scuba Diving 5.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.4.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) 5.4.4. Triathlon 5.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion) 5.4.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion) Chapter 6. Wetsuits Market, by Regional Analysis 6.1. Wetsuits Market, Regional Market Snapshot (2015-2025) 6.2. North America Wetsuits Market Snapshot 6.2.1. U.S. 6.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.2.1.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.2.2. Canada 6.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.2.2.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3. Europe Wetsuits Market Snapshot 6.3.1. U.K. 6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.1.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3.2. Germany 6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.2.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3.3. France 6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.3.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.3.4. Rest of Europe 6.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.3.4.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.4. Asia Wetsuits Market Snapshot 6.4.1. China 6.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.4.1.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.4.2. India 6.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.4.2.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.4.3. Japan 6.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.4.3.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.4.4. Rest of Asia Pacific 6.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.4.4.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.5. Latin America Wetsuits Market Snapshot 6.5.1. Brazil 6.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.5.1.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.5.2. Mexico 6.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.5.2.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.6. Rest of The World 6.6.1. South America 6.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.6.1.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) 6.6.2. Middle East and Africa 6.6.2.1. Market estimates & forecasts, 2015-2025 (USD Billion) 6.6.2.2. Product breakdown estimates & forecasts, 2015-2025 (USD Billion) Chapter 7. Competitive Intelligence 7.1. Company Market Share (Subject to Data Availability) 7.2. Top Market Strategies 7.3. Company Profiles 7.3.1. Arena Italian SPA 7.3.1.1. Overview 7.3.1.2. Financial (Subject to Data Availability) 7.3.1.3. Summary 7.3.1.4. Recent Developments 7.3.2. Aqua Lung 7.3.3. Billabong 7.3.4. Body Glove 7.3.5. Boz Wetsuits 7.3.6. C-Skins Wetsuits Ltd. 7.3.7. Hyperflex Wetsuits 7.3.8. Musto Ltd. 7.3.9. Quiksilver Inc. 7.3.10. Patagonia Chapter 8. Research Process 8.1. Research Process 8.1.1. Data Mining 8.1.2. Analysis 8.1.3. Market Estimation 8.1.4. Validation 8.1.5. Publishing 8.1.6. Research Assumption

Methodology

This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain

research-methodology

Research Tools and Models

  • Top-Down Approach and Bottom-Up Approach
  • QFD Modeling for Market Size and Share Calculation
  • Regression, Variable and Impact Analysis
  • Penetration Modeling

Qualitative Research

  • It comprises briefing about market dynamics and business opportunities and strategies.
  • Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.

Quantitative Research

It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:

  • Identification of market variables and market size derivation
  • Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
  • Evaluation historical market trends and derivation of present and future year-on-year growth trends

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