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China Water Sports Gear Market Overview, 2028


China boasts a diverse range of water bodies, including the Pacific Ocean, the South China Sea, the East China Sea, numerous rivers, lakes, and reservoirs. This extensive water network provides amp... もっと見る

 

 

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2023年8月31日 US$1,950
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Summary

China boasts a diverse range of water bodies, including the Pacific Ocean, the South China Sea, the East China Sea, numerous rivers, lakes, and reservoirs. This extensive water network provides ample opportunities for various water sports, influencing the demand for gear. China has a rich history of traditional water activities such as dragon boat racing, canoeing, and fishing. These activities have deep cultural roots and continue to be popular, driving the need for specialized gear. With China's rapid urbanization, there has been a surge in leisure activities, including water sports. Cities with waterfronts are increasingly developing water sports facilities and infrastructure. The expanding middle-class population in China has more disposable income, allowing for greater participation in recreational activities like water sports. This has led to increased demand for high-quality gear. Coastal regions like Hainan Island have embraced surfing culture, with surfers from across China flocking to the waves. The popularity of surfing has boosted the demand for surfboards, wetsuits, and related gear. Paddleboarding (SUP) and kayaking are becoming trendy water sports in China, especially in urban areas. The need for paddleboards, kayaks, and related accessories is on the rise. China's growing interest in sailing and yachting is reflected in the demand for sailboats, yachts, and sailing gear. The country has developed marinas and sailing clubs along its coasts to cater to this market. Popular dive sites like Sanya and the South China Sea attract divers and snorkelers. The demand for diving and snorkeling gear, including masks, snorkels, fins, and underwater cameras, has increased. Water skiing and wakeboarding are gaining traction in China, particularly in tourist destinations with artificial lakes. Enthusiasts invest in water skis, wakeboards, and tow ropes. Schools and organizations in China are introducing youth to water sports through programs and summer camps. This initiative stimulates the demand for junior-sized gear. China hosts various water sports competitions and events, including international sailing races and dragon boat festivals. These events generate interest and gear sales. Water sports are increasingly seen as a way to stay fit and relax. Activities like SUP yoga and aqua fitness are popular, driving demand for specialized gear and accessories. China's tourism industry promotes water sports in scenic destinations, leading to an influx of tourists seeking gear rentals and experiences like river rafting and snorkeling. With growing environmental awareness, there's a demand for eco-friendly and sustainable water sports gear made from recycled or biodegradable materials. Chinese manufacturers are innovating in the water sports gear sector, introducing products with advanced materials and designs to enhance performance and comfort.

According to the research report "China Water Sports Gear Market Overview, 2028," published by Bonafide Research, the China Water Sports Gear market was valued more than USD 2.10 Billion in 2022. China's rapid urbanization has led to increased access to water bodies and waterfront areas. As more people move to cities with access to rivers, lakes, and coastal regions, there is a growing interest in water sports, driving the demand for water sports gear. The expanding middle-class population in China has more disposable income for leisure activities, including water sports. This demographic group is more likely to invest in high-quality gear, such as paddleboards, kayaks, and surfboards. Coastal regions in China, like Hainan Island and Fujian Province, have embraced surfing and water sports culture. Surfing competitions and festivals have become popular, boosting the demand for surfboards, wetsuits, and related gear. Dragon boat racing is deeply ingrained in Chinese culture, especially during the Dragon Boat Festival. The tradition continues to thrive, driving the demand for dragon boat racing gear, including paddles, dragon boats, and accessories. China's participation in international sporting events, such as the Olympics and Asian Games, has raised awareness and interest in water sports among the Chinese population. This has a positive impact on the demand for water sports gear. Water sports businesses in China have better access to funding and investment as the government encourages the development of the outdoor and recreational industry. This financial support fuels the growth of the market. The availability of water sports gear rental services in tourist destinations and urban areas makes water sports more accessible to individuals who may not want to invest in their own equipment. This rental market drives demand for a variety of gear. On-going innovations in material science have led to the development of high-performance, lightweight, and durable materials for water sports gear. These advancements improve the quality and lifespan of gear, attracting consumers looking for top-notch equipment. The sharing economy has reached the water sports gear market in China. Digital platforms and apps dedicated to gear sharing allow users to rent or borrow equipment from others, reducing the cost of ownership.

In terms of 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). Personal watercraft, such as jet skis and personal watercraft (PWC), offer thrilling and exciting recreational experiences on the water. They are popular among individuals and families looking for fun and adventure. As China's economy continues to grow, disposable income levels have increased. This has allowed more people to afford personal watercraft, which are considered luxury items. Younger generations in China, including millennials and Gen Z, are increasingly interested in outdoor recreational activities. Personal watercraft offers an exciting and dynamic experience that appeals to this demographic. Personal watercraft markets in smaller cities and emerging regions are experiencing growth as more people discover the thrill of this watercraft. Manufacturers and retailers are expanding their reach to tap into these markets. In addition, Safety is a top priority for water sports participants. Life jackets are a crucial safety component, and an increasing number of individuals are recognizing their importance in preventing accidents and ensuring personal safety while participating in water sports. China has implemented stricter regulations and safety standards for water sports activities, including mandatory life jacket usage. This has driven demand for certified and reliable life jackets. The proliferation of water parks and resorts across China has resulted in a greater demand for life jackets, as these venues often require visitors to wear them when enjoying water attractions.

Based on age group the market is divided into adults, kids and geriatric. Many adults engage in water sports as part of family bonding activities. They may introduce their children to these activities, further expanding the market for gear tailored to both adults and children. Gender equality in sports has been a growing trend in China. Both men and women participate in various water sports activities, leading to increased demand for gender-specific gear. Increased media coverage, social media influencers, and water sports events have raised awareness and interest in water sports among adults. This heightened awareness leads to more participation and gear purchases. Retirees who are active and looking for new hobbies often turn to water sports as a way to stay fit and enjoy their leisure time. This age group contributes to the adult segment's growth. In addition based on distribution channel, Supermarkets and hypermarkets are widely distributed across urban and suburban areas in China. Their extensive network of physical stores makes it convenient for consumers to access water sports gear on a regular basis. Shoppers can find a wide range of products, including water sports gear, in one place. This convenience encourages consumers to purchase gear alongside their regular groceries and other items. Shoppers can find a wide range of products, including water sports gear, in one place. This convenience encourages consumers to purchase gear alongside their regular groceries and other items. Supermarkets and hypermarkets often offer competitive prices due to their purchasing power and ability to negotiate with suppliers. Consumers can find affordable water sports gear without having to shop around. For instance, the most popular supermarkets/hypermarkets for water sports gear in China include Decathlon, Go Sport, Intersport, Suning, Taobao and more.

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

Aspects covered in this report:
• China 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. China 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. China 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. China Water Sports Gear Market Segmentations
7.1. China Water Sports Gear Market, By Product Type
7.1.1. China Water Sports Gear Market Size, By Water Sports Clothes, 2017-2028
7.1.2. China Water Sports Gear Market Size, By Boards, 2017-2028
7.1.3. China Water Sports Gear Market Size, By Sailboat, 2017-2028
7.1.4. China Water Sports Gear Market Size, By Swim Mask & Goggles, 2017-2028
7.1.5. China Water Sports Gear Market Size, By Personal Watercraft, 2017-2028
7.1.6. China Water Sports Gear Market Size, By Life Jackets, 2017-2028
7.1.7. China Water Sports Gear Market Size, By BCD (Buoyancy Control Device), 2017-2028
7.1.8. China Water Sports Gear Market Size, By Cylinder & Diving Propulsion Vehicle, 2017-2028
7.1.9. China Water Sports Gear Market Size, By Swim Fins, 2017-2028
7.1.10. China Water Sports Gear Market Size, By Decompression Chamber, 2017-2028
7.1.11. China Water Sports Gear Market Size, By Others, 2017-2028
7.2. China Water Sports Gear Market, By Age Group
7.2.1. China Water Sports Gear Market Size, By Adults, 2017-2028
7.2.2. China Water Sports Gear Market Size, By Kids, 2017-2028
7.2.3. China Water Sports Gear Market Size, By Geriatric, 2017-2028
7.3. China Water Sports Gear Market, By Distribution Channel
7.3.1. China Water Sports Gear Market Size, By Franchise Store, 2017-2028
7.3.2. China Water Sports Gear Market Size, By Specialty Store, 2017-2028
7.3.3. China Water Sports Gear Market Size, By Online Store, 2017-2028
7.3.4. China Water Sports Gear Market Size, By Supermarket/Hypermarket, 2017-2028
7.3.5. China Water Sports Gear Market Size, By Others, 2017-2028
8. China 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: China 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 China Water Sports Gear Market

List of Table

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

 

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