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Colombia Water Sports Gear Market Overview, 2028


Colombia's water sports gear market has experienced rapid growth in recent years. This growth is attributed to various factors, including increased interest in outdoor activities, the country's div... もっと見る

 

 

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Summary

Colombia's water sports gear market has experienced rapid growth in recent years. This growth is attributed to various factors, including increased interest in outdoor activities, the country's diverse geography, and improved access to water bodies. Colombia's geography is incredibly diverse, featuring coastlines along the Atlantic and Pacific Oceans, numerous rivers, lakes, and mountainous regions. This diversity offers ample opportunities for a wide range of water sports activities, driving the demand for specialized gear. Colombia has a thriving surfing culture, particularly along its Pacific and Caribbean coasts. Surfing enthusiasts flock to popular surf spots like San Andres, Medellin, and Nuqui, contributing to the demand for surfboards, wetsuits, and surf accessories. Coastal communities in Colombia have a deep-seated connection to the sea and water-based activities. This connection fosters a strong water sports culture, driving the demand for related gear and equipment. Colombia has emerged as a popular destination for adventure tourism. Travelers are drawn to the country's exciting water-based activities, such as white-water rafting, scuba diving, snorkeling, and kiteboarding. The demand for water sports gear rentals and sales has consequently increased. Colombia has a burgeoning community of local artisans who craft water sports gear by hand. Wooden surfboards, paddleboards, and fishing equipment are among the unique, artisanal products available in the market. Colombia has witnessed a surge in youth participation in water sports. Young Colombians are actively engaging in activities like surfing, paddleboarding, and kayaking, creating a demand for youth-sized gear and equipment. The water sports industry in Colombia is witnessing an increase in women taking leadership roles in organizations and clubs. This promotes women's participation and influences gear development to cater to female enthusiasts. Tour operators in Colombia offer adventure travel packages that include water sports activities. Travelers can conveniently experience these activities with the necessary gear provided as part of the package. Colombia is home to several adventure water parks, offering a mix of water-based activities such as wakeboarding, water skiing, and cable park adventures. These parks have contributed to the demand for specialized gear and equipment.

According to the research report "Colombia Water Sports Gear Market Overview, 2028," published by Bonafide Research, the Colombia Water Sports Gear market is expected to reach market size of more than USD 465 Million by 2028. Colombia's water sports gear market is witnessing a surge in sustainable and eco-friendly gear options. Manufacturers are increasingly using recycled materials and sustainable production methods to create products with minimal environmental impact. This trend reflects growing environmental consciousness among both manufacturers and consumers. There's a growing trend towards using advanced materials in the construction of water sports gear. Lightweight and durable materials, such as carbon fiber and high-performance plastics, are being employed to enhance the performance of gear like paddles, surfboards, and kayaks. Water sports gear is becoming more digitally integrated. GPS tracking devices, fitness trackers, and sensors are being incorporated into gear to provide users with data on their performance, navigation, and safety. This trend is particularly prevalent in activities like sailing and kayaking. Manufacturers are increasingly catering to the youth market by developing gear specifically designed for younger enthusiasts. This includes youth-sized wetsuits, life jackets, and surfboards, encouraging the next generation to participate in water sports. The demand for female-centric water sports gear is on the rise. Manufacturers are designing gear and apparel that address the specific needs and preferences of female water sports enthusiasts, such as wetsuits and swimwear. Gear rental services are expanding in Colombia, particularly in tourist destinations. This makes it more convenient for travelers to participate in water sports activities without the need to purchase their own gear. Environmental awareness is leading to the introduction of gear recycling programs. Customers can trade in old gear for discounts on new purchases or have old gear repurposed or recycled responsibly. Smart technology is being integrated into water sports gear, such as paddleboards with GPS tracking and apps that provide real-time data on weather and water conditions.

Based on product type the market is divided into water sports clothes, Boards, Sailboat, Swim Mask & Goggles, Personal Watercraft, 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). Colombia is known for its beautiful coastline, clear waters, and vibrant marine life. As a result, there has been a growing interest in snorkeling and scuba diving among both locals and tourists. These activities require specialized gear, including snorkels, snorkeling masks, and diving masks, which are essential for underwater visibility and safety. Colombia's tourism industry has been expanding, attracting visitors who want to explore the country's underwater beauty. Tourists often engage in snorkeling and diving excursions, driving the demand for high-quality snorkel and dive masks. Colombia has safety regulations and guidelines in place for water sports, especially for activities like scuba diving and snorkeling. These regulations often stipulate the use of certified and high-quality masks and goggles, boosting demand for such products. Many resorts and hotels along Colombia's coastlines offer snorkeling and diving packages to guests. These packages typically include rental or sale of masks and goggles, providing convenient access to gear for tourists. In addition, Colombia has gained recognition as a diving tourism destination due to its rich marine biodiversity and underwater attractions, including shipwrecks and coral reefs. Divers flock to these sites, and some may require access to decompression chambers in case of emergencies related to decompression sickness (commonly known as "the bends"). Diving operators and facilities are increasingly equipping themselves with decompression chambers to enhance diver safety. Diving organizations and training centers emphasize the importance of diver safety and awareness. This includes education on decompression sickness and the availability of decompression chambers in case of emergencies. Divers are encouraged to choose operators and destinations that prioritize safety. Colombia has also seen growth in medical tourism. Some individuals from other countries come to Colombia for specialized medical treatments, including hyperbaric oxygen therapy, which may be provided in conjunction with decompression chambers.

In terms of distribution channel, the market is divided into Franchise Store, specialty store, online store, supermarket/hypermarket and others (Resort Shops, Boating and Marine Supply Stores, Direct Sales, Tour Operators, etc.). Franchise stores offer a convenient shopping experience for customers. They are often located in high-traffic areas, making it easy for shoppers to access water sports gear during their daily routines. Franchise stores may have partnerships with multiple water sports brands, allowing them to offer a diverse selection of products. This variety appeals to customers with different preferences and needs. Franchise stores benefit from customer reviews and ratings that contribute to their credibility. Positive reviews can attract new customers and reinforce the trustworthiness of the brand. Franchise stores frequently run seasonal promotions and sales events, aligning their offerings with peak water sports seasons. These promotions entice customers to make purchases and plan their water sports activities. Some franchise stores host in-store events, product demonstrations, and workshops related to water sports. These events create a sense of community and provide educational opportunities for customers. In addition, many older adults in Colombia are adopting a more active lifestyle as they seek to maintain their health and well-being. Water sports provide a low-impact exercise option, making them particularly attractive to seniors who may have joint or mobility issues. As individuals retire, they often have more leisure time on their hands. Water sports offer an enjoyable and fulfilling way for seniors to spend their free time, especially in a country with abundant coastline and water bodies. Water sports can be a social activity, and seniors often appreciate the opportunity to connect with others who share their interests. Participating in group activities like water aerobics, water polo, or even paddleboarding can foster a sense of community. Water sports can have therapeutic benefits for seniors. Aquatic environments provide buoyancy and reduce the impact on joints, making it an ideal choice for individuals with arthritis or other musculoskeletal conditions. Water exercise can improve flexibility, strength, and cardiovascular health.

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

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

List of Table

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

 

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