Showing posts with label Lifespan Snorkeling Equipment. Show all posts
Showing posts with label Lifespan Snorkeling Equipment. Show all posts

Friday, June 1, 2018

Global Snorkeling Market Growth is Driven by Rising Technology Innovations, Increasing Popularity of the Sport, Spreading Awareness on Health Benefits of Snorkeling: Ken Research

Rising number of tourists in APAC and MEA region, rising government support for maintaining and preserving snorkeling sites, Increase in participation in water sports activities and use of updated technology in product designing were regarded as the drivers of growth for the year 2012-2017.

Global Snorkeling Market has been highly fragmented on a global level however; various manufacturing companies have strong hold in their regional/home markets. In the year 2017, the global snorkeling equipment market accounted for the share of 11.8% in the global water sports equipment market. Growth in the market was highly supported by government efforts in various countries including Spain, Dubai, Italy, India, and Australia over the past few years. These attempts in terms of higher sport-marketing were done to increase the revenue generated from the tourism industry. The largest market for snorkeling equipment in the world during the period 2012-2017 was Americas, followed by APAC.

Technology innovations, rising popularity of the sport, spreading awareness of the health benefits of snorkeling, growing interest of consumers in outdoor recreational activities, availability of wide range of snorkeling equipment and online retail market have primarily surged market growth. It is observed that most established snorkeling equipment manufacturers depend on small factories or outsourced processes for manufacturing equipment parts. Moreover, the suppliers also do not depend on one particular manufacturer for their revenues. The major customer set for the snorkeling equipment market is institutions that conduct water sports and individual customers. During last 5 years, the market has witnessed an increased emphasis on water sports activities by various government bodies especially tourism boards in the leading markets like Americas and APAC. In an attempt to generate higher revenue from the tourism industry, various tourism boards especially in the US, France, Germany and in developing countries of APAC, have been putting great efforts to promote Snorkeling and other similar water sports activities amongst tourists & travelers to generate higher revenues.

Influenced by the health benefits of the sport including enhancing lungs strength and strengthening of vital muscles throughout the body, such as calves, ankles, quads, hamstrings and hip flexors, among others, new customers have been attracted to the market.

The report titled “Global Snorkeling Equipment Market Outlook to 2022 – By Equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and other accessories), By Region (Americas, Europe, APAC and MEA) and By Distribution Channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores)” observed that the snorkels are expected to be the leading snorkeling equipment in the market supported by an increased replacement rate and being the most important equipment in the snorkeling equipment market. It is anticipated that the snorkeling equipment market revenue shall reach USD 2.1 billion by the year 2022.

For more information on the research report, refer to below link:

Related Reports:

The report covers market introduction, market nature, value chain analysis and market size on the basis of consumer expenditure in detail. Market Segmentation by Equipments (Canoes & Kayaks and Gear & Accessories), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand and by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets/Department Stores/Supermarkets and Others) have been given prime importance.


The report is useful for water sports equipment manufacturers, rafting equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.


The report facilitates the reader with the identification and in-depth analysis of the existing and future trends and issues that impact the industry. The report apprises the reader on the growth in the future depending upon changing industry dynamics in coming years. The report is useful for water sports equipment manufacturers, Jet Ski equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Global Snorkeling Equipment is Expected to Reach USD 2.14 Billion by 2022 Owing to Rise in Popularity of Snorkeling Amongst Tourists and Growth Experienced in APAC Region: Ken Research

Global snorkeling equipment market by equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and Other Snorkeling Accessories), by region (Americas, Europe, APAC and MEA) by demand from customers (repeat and new customers) and by distribution channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores), by prices of equipments including snorkels and fins along with company profiles for major players (Seavenger, Tabata Co. Ltd., Apollo Sports and Aquatec - Duton Industry)

Snorkels in the price range of USD 50 or less are the highest selling products in the market. These are generally bought by retail customers through company stores, specialty stores, online stores and in hypermarkets. Whereas, snorkeling fins priced USD 100 or less are highest selling price category of fins primarily sold through company stores.

The US has been the market leader in terms of manufacturing and consumption demand of Snorkeling equipments worldwide. Leading players are originally from Europe which includes Aqua Lung and Cressi Sub. These players would dominate the competition landscape even in the forecast period due to higher investments done towards new product launches and brand marketing activities.
Japan, Australia, New Zealand, Taiwan, South Korea have been major countries in APAC facilitating fast-pace growth in the market. These regions would dominate in the coming future with rise in both consumption and production activities.

The Snorkeling Equipment Manufacturers in the market are expected to focus more on innovative product offerings with respect to design, color, shape and weight, to meet the needs of individual consumers. The launch of innovative products in the market shall raise the replacement demand for the equipments. Additionally, competitors are focusing on developing advanced snorkeling fins that are better than regular fins currently available in the market. Many types of equipments are manufactured using high-tech materials that are strong yet lightweight, flexible and resistant to chemicals, which are being marketed by global competitors. Subsequently, consumers now prefer purchasing equipment with new and improved features that suit their specific needs. This, therefore, is likely to escalate the growth of global snorkeling equipment market during the forecast period. The region Americas is expected to dominate the market in the coming five years, owing to an increased participation rates and popularity of new snorkeling sites in the region. The US is expected to be the leading country in this region. Some of the best snorkeling sites in the country like Virginia Beach, Block Island, Riviera Beach, Key Largo and Kankakee are expected to attract more tourists. APAC is anticipated to be the fastest-growing region among all the other geographical regions in the global snorkeling equipment market.

Growth in APAC has been supported by rising popularity of soft adventure water sports and tourism. South Korea and Australia were the major markets contributing to the revenue of APAC. Australia is the most popular destination for snorkeling due to the presence of the Great Barrier Reef with more than 2,900 individual reefs, which stretches for more than 2.6 kilometers. Great Barrier Reef is one of Australia's prime tourist attractions. Most of the activities in South Korea happen in the east and south coast of the region, where water is the warmest in the south and southeast coast, with a temperature of 73.4°F. Seonjaedo, Sinuido, Hongdo, Cheongsando, Ulleungdo and Deokjeokdo are some of the top snorkeling sites preferred by tourists in the country. The number of snorkeling sites in South Korea has increased to 51 in 2015 compared to 33 in 2009. Furthermore, Indonesia, Hong Kong, Taiwan, Thailand and Singapore are some of the other prominent countries for snorkeling. Among these countries, Indonesia is situated in the middle of the Coral Triangle, which makes it a major epicenter for marine diversity and variations. A large number of marine life forms are attracted to the coasts of Indonesia due to the abundance of corals. This in turn manifests the region to house the maximum number of coral life species in the world, making it a very attractive snorkeling destination. Hong Kong has a coastline that stretches over 455 miles and offers snorkeling sites, which are shallow and warm. These are regarded as some of the major underwater attractions. Hong Kong’s East Ping Chau Island is popular for the presence of large number of turtles, anemone fishes and hard and soft coral growths, which make for an attractive snorkeling destination.

Analysts at Ken Research in their latest publication “Global Snorkeling Equipment Market Outlook to 2022 – By Equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and other accessories), By Region (Americas, Europe, APAC and MEA) and By Distribution Channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores)” believe that free trial and rental facilities, technological upgradation and major thrust from APAC region would enable the market to register a CAGR of around 6% during the forecast period.

Key Topics Covered in the Report:
Global Snorkeling Equipment Market
Worldwide Snorkeling Masks Sales
Snorkeling Fins Price Best Seller
Snorkels Sales Volume
Snorkeling Masks Revenue Market
Snorkeling Fins Market
Gear and Accessories of Snorkeling Market
Lifespan Snorkeling Equipment
Global Snorkeling Equipment Sales
World Snorkeling Participation
Snorkeling Equipment Revenue Forecast
Export Snorkeling Gear
Competition Snorkeling Equipment
Snorkeling Participation in US

For more information on the research report, refer to below link:

Related Reports

The report covers market introduction, market nature, value chain analysis and market size on the basis of consumer expenditure in detail. Market Segmentation by Equipments (Canoes & Kayaks and Gear & Accessories), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand and by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets/Department Stores/Supermarkets and Others) have been given prime importance.


The report is useful for water sports equipment manufacturers, rafting equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.


The report facilitates the reader with the identification and in-depth analysis of the existing and future trends and issues that impact the industry. The report apprises the reader on the growth in the future depending upon changing industry dynamics in coming years. The report is useful for water sports equipment manufacturers, Jet Ski equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Global Snorkeling Equipment Market Outlook to 2022: Ken Research

The report titled “Global Snorkeling Equipment Market Outlook to 2022 - by Equipments (Snorkels, Snorkeling Masks, Snorkeling Fins & Other Snorkeling Accessories), by Region (Americas, Europe, APAC & MEA), by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, Department Stores & Supermarkets and Others)” provides a comprehensive analysis of global snorkeling equipment market, 2012-2022. The report covers market introduction, market nature, market size on the basis of consumer expenditure, market segmentation by equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and Other Snorkeling Accessories), by region (Americas, Europe, APAC and MEA) by demand from customers (repeat and new customers) and by distribution channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores). The report also includes segmentation on the basis of prices of equipments namely, snorkels and fins, value chain analysis, SWOT analysis, competitive landscape (Competing parameters, company positioning and competition nature), company profiles for major players (Seavenger, Tabata Co. Ltd., Apollo Sports and Aquatec - Duton Industry) in the market and analyst recommendation.

The report facilitates the readers with in-depth analysis of the existing and future trends & issues. The report is useful for water sports equipment manufacturers, snorkeling equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Global Snorkeling Equipment Market Size and Overview
Market Overview: International tourist arrivals and international tourism expenditure has been increasing at a steady pace over the review period (2012-2017), globally. Coupled with an increase in interest of people towards soft adventure sports, rising popularity of Snorkeling & adventure sports and growing awareness regarding numerous fitness-benefits of opting snorkeling has primarily supported growth in this industry. Americas has been the biggest market in terms of expenditure incurred by consumers in snorkeling equipment’s followed by APAC, Europe and Middle East & Africa. Increase in demand has also been affected by growing base of Millennials, higher disposable income in major markets, presence of well-established players and expanded distribution network in new regions/countries.

Market Size: Low training cost, increase in variety of snorkeling equipment’s available in the market, primarily, in terms of size, quality, capacity and utility, major players have been using diverse product portfolios and aggressive marketing & sales strategies to position themselves in the market. This has helped the market to grow at a CAGR of close to 5% during 2012-2017. Several leading manufacturers have invested amount in research & development segment to foster product innovations to increase durability and sturdiness of Snorkeling equipments.

Market Segmentation
By Equipment: The snorkeling equipment market has been dominated by snorkels as of the year 2017. Average price of a snorkel is USD 30 as of 2017. Some of the major companies that manufacture snorkels include Aqua Lung International and Cressi Sub. Snorkeling masks held the second largest share in the market as of 2017. With advancement in technologies, the companies have been able to manufacture more technologically advanced masks keeping the consumer preferences in mind. Snorkeling fins, holding third highest position in terms of market share, refers to a pair of finlike accessories worn on the foot or leg for better moment in water. Other equipments in the snorkeling equipment market include snorkeling vests, clips & attachments, marker & signals, neoprene mask straps, fin straps.

By Region: The global snorkeling equipment market was dominated by Americas in the year 2017. The region occupies the largest share owing to the presence of huge coastline, well-established water sports infrastructure and large number of Snorkeling enthusiasts. In the recent years, Snorkeling has been adopted as a recreational activity along with being taken-up professionally. APAC accounted for the second largest share in the snorkeling equipment market with the presence of increased number of water sporting sites. Europe region also witnessed growth in demand for snorkeling equipments with an increase in both consumption and production especially in France & Germany. Middle East and Africa has accounted for the lowest share in the market.

By New and Existing Demand: In the year 2017, it has been observed that the repeat demand from existing users and new demand from new customers have accounted for a very close share in the market. With up-gradation of products and new launches, customers replace their current equipments with the advanced ones. Moreover, with rising competition in various regional championships and more number of snorkeling camps being established to attract tourism, repeat demand from existing customers is very strong. Influenced by the health benefits of the sport including enhancing lungs strength and strengthening of vital muscles throughout the body, such as calves, ankles, quads, hamstrings and hip flexors, among others, new customers have been attracted to the market.

By Distribution Channel: Company Stores and Specialty Stores dominate the market in 2017. This sales channel has been highly popular since major large scale manufacturers of snorkeling equipments usually operate through own brand stores that exclusively sell equipments of their brand. These are known as exclusive brand outlets of the companies located in various countries across the world. The online sales of sports equipments have been gaining high popularity over the years. Online stores and hypermarkets have accounted for an equal share, being second highest contributors in 2017. Some of the major online retailers selling sports equipments are Amazon and Alibaba. Hypermarkets, department stores and supermarkets offer a closer evaluation of products and provide the required support and information to consumers, especially through expert customer service personnel. Some of the well-known stores include Walmart and Tesco.

Competitive Landscape
Competition in the global snorkeling equipment market is highly fragmented due to the presence of large number of regional players. In the Americas, the competition is concentrated however, majority of market leaders have substantial control in terms of good share in 2017. Various manufacturing facilities are based in this region leading to large exports to countries. Similarly is the scenario in Europe. France and Italy have been major manufacturing hotspots. The major players in the market carry out both manufacturing as well as trading. Competition in APAC and Middle East & Africa is still in the growing phase & highly fragmented. Japan, Taiwan and Australia are popular manufacturing destinations. There are about 15-20 major snorkeling equipment manufacturers operating in the global market. These players compete against each other on the basis of parameters such as price, product differentiation (product portfolio size and product innovations), distribution network, geographical penetration/geographical presence and research & development activities.

Future Analysis and Projections
Global Snorkeling equipment market has been anticipated to showcase a sound growth at a CAGR of close to 6% during the forecast period (2017-2022). Growth during this period is expected to be supported by the rising popularity of snorkeling as a recreational and profession activity, increase in the number of snorkeling championships, increase in demand from tourists, increased awareness regarding fitness benefits of snorkeling, expanding geographical presence of major manufacturers, intensifying distribution channels, expansion of online retailing, new product launches, government initiative to promote the usage of protective Snorkeling equipments and others.

Key Topics Covered in the Report:
Global Snorkeling Equipment Market Introduction and Market Nature
Global Snorkeling Equipment Market Size
Global Snorkeling Equipment Market Value Chain
Global Snorkeling equipment market segmentation by equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and other accessories), by region (Americas, Europe, APAC and MEA) by demand from customers (repeat and new customers) and by distribution channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores)
Global Snorkeling Equipment Market SWOT Analysis
Competitive Landscape in Global Snorkeling Equipment Market
Company profiling for major players in Global Snorkeling Equipment Market
Global Snorkeling Equipment Market Future outlook and projections
Analyst Recommendations in Global Snorkeling Equipment Market

For more information on the research report, refer to below link:

Related Reports

The report covers market introduction, market nature, value chain analysis and market size on the basis of consumer expenditure in detail. Market Segmentation by Equipments (Canoes & Kayaks and Gear & Accessories), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand and by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets/Department Stores/Supermarkets and Others) have been given prime importance.


The report is useful for water sports equipment manufacturers, rafting equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.


The report facilitates the reader with the identification and in-depth analysis of the existing and future trends and issues that impact the industry. The report apprises the reader on the growth in the future depending upon changing industry dynamics in coming years. The report is useful for water sports equipment manufacturers, Jet Ski equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249