Portable Kayaks Market | Leading Segments, Trends, Drivers and Challenges
Advanced Elements Inc., AIRE Inc., Aqua Marina, Long Haul Folding Kayaks, NAUTIRAID, Oru Kayak Inc., and Tahe Outdoors are among the key market vendors
The portable kayaks market is expected to grow by $ 9.46 billion, accelerating at a CAGR of almost 1.58% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.
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Portable Kayaks Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Product (Inflatable kayaks and Folding kayaks) and Geography (North America, Europe, APAC, South America, and MEA).
- 41% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for portable kayaks in the region. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Portable Kayaks Market size.
Portable Kayaks Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Growing preference for recreational kayaking will be a significant factor in driving the growth of the Portable Kayaks Market.
- Increasing number of paddle sports contests will be instrumental in driving the market growth during the forecast period.
- The rising preference for artificial water sports experiences is one of the key trends that is driving the portable kayaks market
- High costs of kayaks lead to higher preference for rentals is a hurdle that needs to be crossed on the path to success.
Portable Kayaks Market: Vendor Analysis
- The market is fragmented.
- Advanced Elements Inc., AIRE Inc., Aqua Marina, Aqua Xtreme, Klepper Lifestyle GmbH, Long Haul Folding Kayaks, NAUTIRAID, Oru Kayak Inc., Point 65 Sweden AB, and Tahe Outdoors are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Portable Kayaks Market Split by Product
- Inflatable kayaks
- Folding kayaks
- Portable Kayaks Market Split by Geography
- North America
- Europe
- APAC
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Advanced Elements Inc.
- AIRE Inc.
- Aqua Marina
- Aqua Xtreme
- Klepper Lifestyle GmbH
- Long Haul Folding Kayaks
- NAUTIRAID
- Oru Kayak Inc.
- Point 65 Sweden AB
- Tahe Outdoors
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
Related Markets of Interest:
In-The-Water Sports Equipment Market: Global in-the-water sports equipment market is likely to post an incremental growth of $ 4.39 billion, accelerating at a CAGR of about 3% during the forecast period.
Life Jacket Market: Life jacket market is set to post an incremental growth of $ 1 billion during 2021-2025. The market will be progressing at a CAGR of 6.54% during the forecast period.
Scuba Diving Equipment Market: The scuba diving equipment market is expected to grow by $ 537.80 million, accelerating at a CAGR of almost 3% during the forecast period.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of over 1.58%.
- What is the incremental growth of the market?
The market is expected to grow by $ 9.46 bn through 2021-2025.
- What is a key factor driving this market?
Growing preference for recreational kayaking will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
41% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Advanced Elements Inc., AIRE Inc., Aqua Marina, Aqua Xtreme, Klepper Lifestyle GmbH, Long Haul Folding Kayaks, NAUTIRAID, Oru Kayak Inc., Point 65 Sweden AB, and Tahe Outdoors
- What are the market segments covered in this report?
The market is segmented by Product (Inflatable kayaks and Folding kayaks) and Geography (North America, Europe, APAC, South America, and MEA)
