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Canada Water Sports Gear Market Overview, 2028


Water sports have been a part of Canadian culture for centuries. The earliest recorded instance of kayaking in Canada dates back to the 17th century, when it was used by Indigenous peoples for tran... もっと見る

 

 

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Summary

Water sports have been a part of Canadian culture for centuries. The earliest recorded instance of kayaking in Canada dates back to the 17th century, when it was used by Indigenous peoples for transportation and hunting. Canoeing is also a traditional Canadian sport, and it was used by Indigenous peoples and early European settlers for transportation, trade, and warfare. Sailing has also been a popular sport in Canada for many years, and it was once used by the Canadian Navy as a training tool. There is a wide variety of water sports gear available in Canada, from basic items such as life jackets and paddles to more specialized items such as wetsuits and wakeboards. The type of water sports gear that is popular in Canada varies depending on the region. For example, kayaking and canoeing are more popular in the eastern provinces, while sailing is more popular in the western provinces. The climate in Canada is also conducive to water sports, with many warm summers and mild winters. This means that people can enjoy water sports all year round. Water sports are a popular tourist activity in Canada, and many people come to the country specifically to enjoy them. This helps to create a demand for water sports gear. Safety is a top priority for many people who enjoy water sports. There are many safety regulations in place for water sports, and it is important to follow these regulations to stay safe. Some of the most important safety gear for water sports includes life jackets, helmets, and flotation devices. Canada is home to some of the coldest surf spots in the world, particularly in places like Tofino and Nova Scotia. Surfers brave freezing temperatures to catch waves, and specialized cold-water wetsuits and gear are a must. Canadian outdoor gear manufacturers have a reputation for innovation. Many Canadian brands, such as MEC (Mountain Equipment Co-op) and Arc'teryx, are known for producing high-quality outdoor gear, including water sports equipment. Canada boasts some of the most famous and scenic waterways in the world, including the Yukon River, Bowron Lake Circuit, and the Nahanni River. These attract adventurers from around the globe. Canada has the longest coastline of any country globally, stretching over 202,080 kilometers. This vast coastline offers endless opportunities for exploration and water sports adventures. Canada is often referred to as the "Whitewater Capital of the World." It offers some of the most challenging and thrilling whitewater kayaking and rafting experiences on rivers like the Ottawa River in Ontario and the Kicking Horse River in British Columbia.

According to the research report "Canada Water Sports Gear Market Overview, 2028," published by Bonafide Research, the Canada Water Sports Gear market was valued more than USD 1.50 Billion in 2022. Canada is blessed with an abundance of pristine lakes, rivers, and coastlines, making it an ideal destination for water sports. The country's natural beauty attracts enthusiasts, driving the demand for water sports gear. Canadians have a strong affinity for outdoor activities, and water sports are an integral part of their outdoor lifestyle. This cultural preference encourages people to invest in water sports equipment. Canada is a popular destination for tourists seeking water-based recreational activities. Kayaking, canoeing, and paddleboarding are among the activities that draw tourists, contributing to the demand for rental and gear purchase. Coastal provinces like British Columbia and Atlantic Canada have thriving coastal communities where water sports culture is deeply ingrained. The presence of enthusiasts in these regions drives the demand for gear. Canada hosts numerous water sports events and competitions, attracting participants and spectators. These events stimulate the sale of gear and encourage participation in water sports. Canadian water sports gear manufacturers are known for innovation in product design and materials. This innovation attracts consumers looking for high-performance and durable equipment. Seasonal variations influence gear sales, with summer being the peak season for many water sports. However, winter sports like ice fishing and ice kayaking also drive demand during colder months. The increasing focus on health and wellness encourages Canadians to engage in physically active pursuits like water sports, driving demand for fitness-oriented gear. Water sports, particularly kayaking, canoeing, and paddle boarding, are becoming increasingly popular among the younger generation in Canada. Schools and youth organizations often introduce these activities, creating a growing market among the youth. The popularity of winter water sports, such as ice fishing, ice canoeing, and winter kayaking, continues to grow in Canada, driving demand for specialized gear for these activities. Canadian athletes' success in water sports at the Olympic level inspires a new generation of enthusiasts and drives interest in the associated gear.

Based on product type the market is divided into water sports clothes, Boards, Sailboat, Swim Mask & Goggles, Personal Watercarft, Life Jackets , BCD (Buoyancy Control Device), Cylinder & Diving Propulsion Vehicle, Swim Fins, Decompression Chamber, Others (Kayak Accessories, Surfing Accessories, Diving Accessories, Balls, Goal Posts, Water Shoes, Watches, Safety Helmets). Water sports, including snorkeling and diving, have gained popularity over the years due to their recreational and fitness benefits. As more Canadians seek outdoor activities, the demand for water sports gear, such as swim masks and goggles, is likely to increase. Canada is known for its beautiful lakes, rivers, and coastal areas, making it a popular destination for tourists interested in water-based activities. This influx of tourists can drive the demand for water sports gear, particularly snorkeling and diving equipment. The demand for swim masks and goggles can be seasonal, with peak sales during the summer months and holidays. Manufacturers and retailers may strategize marketing and inventory management accordingly to capitalize on these seasonal trends. In addition, Canada's abundant lakes, rivers, and coastlines provide ample opportunities for water sports enthusiasts. The appeal of activities like paddleboarding, windsurfing, surfing, and bodyboarding has grown due to their accessibility and the sense of adventure they offer. Canada attracts tourists from around the world who are interested in outdoor and adventure activities. This includes water sports such as surfing, windsurfing, and paddleboarding. Tourists often rent or purchase gear locally, contributing to the growth of the market. The growth of rental and tour businesses focused on water sports has made these activities more accessible to people who might not have their equipment. These businesses often purchase a significant number of boards, contributing to market growth.

In terms of age group the market is divided into adults, kids and geriatric. Adults typically have more discretionary income compared to younger age groups, which allows them to invest in water sports gear. They are more likely to purchase high-quality and specialized equipment, contributing to higher market share. Adults, especially those in their 20s to 50s, tend to have a higher participation rate in water sports compared to children and seniors. They often engage in activities such as paddleboarding, kayaking, windsurfing, and surfing, driving the demand for gear. Adults often engage in water sports with friends and peer groups. Positive experiences and peer influence can drive more adults to participate in these activities and invest in the necessary gear. In addition based on distribution channel, online stores provide unparalleled convenience for consumers. Shoppers can browse, compare, and purchase water sports gear from the comfort of their homes or on the go, 24/7. This accessibility appeals to a wide range of customers. Online stores can offer a more extensive and diverse range of water sports gear compared to physical stores, which are often limited by shelf space. Customers have access to a broader selection of brands, styles, and price points, increasing the likelihood of finding the perfect product. Online stores offer various payment options, including credit/debit cards, digital wallets, and buy-now-pay-later services, making it convenient for customers to complete transactions. For instance, some of the most popular online channels for water sports gear in Canada include Amazon Canada, Altitude Sports, and Altitude Sports, MEC, Sail and more.

Considered in this report:
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028


Aspects covered in this report:
• Canada Water Sports Gear market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type
• Water sports Clothes (Surfing Apparel, Swimwear, Diving Suit, Water Polo Swimsuits and Caps)
• Boards (Stand-up Paddle Board, Windsurf Boards, Surfing, Body board)
• Sailboat
• Swim Mask & Goggles (Snorkel, Snorkelling Masks & Diving Mask)
• Personal Watercraft
• Life Jackets
• BCD {Buoyancy Control Device}
• Cylinder & Diving Propulsion Vehicle
• Swim Fins (Snorkelling Fins & Diving Fins)
• Decompression Chamber
• Others (Kayak Accessories, Surfing Accessories, Diving Accessories, Balls, Goal Posts, Water Shoes, Watches, Safety Helmets)

By Age Group
• Adults
• Kids
• Geriatric

By Distribution Channel
• Franchise Store
• Specialty Store
• Online Store
• Supermarket/Hypermarket
• Others (Resort Shops, Boating and Marine Supply Stores, Direct Sales, Tour Operators, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Gems & Jewelry industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.







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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Canada Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Canada Water Sports Gear Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Age Group
6.4. Market Size and Forecast By Distribution Channel
7. Canada Water Sports Gear Market Segmentations
7.1. Canada Water Sports Gear Market, By Product Type
7.1.1. Canada Water Sports Gear Market Size, By Water Sports Clothes, 2017-2028
7.1.2. Canada Water Sports Gear Market Size, By Boards, 2017-2028
7.1.3. Canada Water Sports Gear Market Size, By Sailboat, 2017-2028
7.1.4. Canada Water Sports Gear Market Size, By Swim Mask & Goggles, 2017-2028
7.1.5. Canada Water Sports Gear Market Size, By Personal Watercraft, 2017-2028
7.1.6. Canada Water Sports Gear Market Size, By Life Jackets, 2017-2028
7.1.7. Canada Water Sports Gear Market Size, By BCD (Buoyancy Control Device), 2017-2028
7.1.8. Canada Water Sports Gear Market Size, By Cylinder & Diving Propulsion Vehicle, 2017-2028
7.1.9. Canada Water Sports Gear Market Size, By Swim Fins, 2017-2028
7.1.10. Canada Water Sports Gear Market Size, By Decompression Chamber, 2017-2028
7.1.11. Canada Water Sports Gear Market Size, By Others, 2017-2028
7.2. Canada Water Sports Gear Market, By Age Group
7.2.1. Canada Water Sports Gear Market Size, By Adults, 2017-2028
7.2.2. Canada Water Sports Gear Market Size, By Kids, 2017-2028
7.2.3. Canada Water Sports Gear Market Size, By Geriatric, 2017-2028
7.3. Canada Water Sports Gear Market, By Distribution Channel
7.3.1. Canada Water Sports Gear Market Size, By Franchise Store, 2017-2028
7.3.2. Canada Water Sports Gear Market Size, By Specialty Store, 2017-2028
7.3.3. Canada Water Sports Gear Market Size, By Online Store, 2017-2028
7.3.4. Canada Water Sports Gear Market Size, By Supermarket/Hypermarket, 2017-2028
7.3.5. Canada Water Sports Gear Market Size, By Others, 2017-2028
8. Canada Water Sports Gear Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Age Group, 2023 to 2028
8.3. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: Canada Water Sports Gear Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Age Group
Figure 4: Market Attractiveness Index, By Distribution Channel
Figure 5: Porter's Five Forces of Canada Water Sports Gear Market

List of Table

Table 1 : Influencing Factors for Canada Water Sports Gear Market, 2022
Table 2: Canada Water Sports Gear Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Canada Water Sports Gear Market Size and Forecast By Age Group (2017, 2022 & 2028F)
Table 4: Canada Water Sports Gear Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 5: Canada Water Sports Gear Market Size of Water Sports Clothes (2017 to 2028) in USD Billion
Table 6: Canada Water Sports Gear Market Size of Boards (2017 to 2028) in USD Billion
Table 7: Canada Water Sports Gear Market Size of Sailboat (2017 to 2028) in USD Billion
Table 8: Canada Water Sports Gear Market Size of Swim Mask & Goggles (2017 to 2028) in USD Billion
Table 9: Canada Water Sports Gear Market Size of Personal Watercraft (2017 to 2028) in USD Billion
Table 10: Canada Water Sports Gear Market Size of Life Jackets (2017 to 2028) in USD Billion
Table 11: Canada Water Sports Gear Market Size of BCD (Buoyancy Control Device) (2017 to 2028) in USD Billion
Table 12: Canada Water Sports Gear Market Size of Cylinder & Diving Propulsion Vehicle (2017 to 2028) in USD Billion
Table 13: Canada Water Sports Gear Market Size of Swim Fins (2017 to 2028) in USD Billion
Table 14: Canada Water Sports Gear Market Size of Decompression Chamber (2017 to 2028) in USD Billion
Table 15: Canada Water Sports Gear Market Size of Others (2017 to 2028) in USD Billion
Table 16: Canada Water Sports Gear Market Size of Adults (2017 to 2028) in USD Billion
Table 17: Canada Water Sports Gear Market Size of Kids (2017 to 2028) in USD Billion
Table 18: Canada Water Sports Gear Market Size of Geriatric (2017 to 2028) in USD Billion
Table 19: Canada Water Sports Gear Market Size of Franchise Store (2017 to 2028) in USD Billion
Table 20: Canada Water Sports Gear Market Size of Specialty Store (2017 to 2028) in USD Billion
Table 21: Canada Water Sports Gear Market Size of Online Store (2017 to 2028) in USD Billion
Table 22: Canada Water Sports Gear Market Size of Supermarket/Hypermarket (2017 to 2028) in USD Billion
Table 23: Canada Water Sports Gear Market Size of Others (2017 to 2028) in USD Billion

 

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