Published Date: 31-Dec-2019
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According to a new report Global Sailing Jackets Market, published by KBV Research, The Global Sailing Jackets Market size is expected to reach $178.8 Million by 2025, rising at a market growth of 6.9% CAGR during the forecast period.
In terms of revenue, in 2018, the offline distribution channel accounted for the top market share. Sports and specialty retail stores are the world's most popular forms of distribution. The online distribution channel is projected to grow from 2019 to 2025 at the fastest CAGR of 7.9%.
The men segment held the largest market share in terms of revenue in 2018. The kid End User category holds the lowest share of the global market for sailing jackets. Nonetheless, this segment is expected to see fastest growth rate of 7.6% in the near future. The women's End User sector is projected to experience the significant CAGR of 7.1% between 2019 and 2015. Yachting is steadily gaining popularity among women all over the world.
North America held a dominant market share in the regional market of Sailing Jackets in 2018. Recreational yachting is one of the most common recreational activities in the U.S. Increased participation in marine sport activities has improved the industry in this area. Europe witnessed a rapid growth rate of 6.6% during the forecast period. Italy, France, and Spain are the most common yachting destinations in Europe. Asia Pacific is expected to grow by a highest growth rate of 8.2% from 2019 to 2025. China, Australia, Vietnam, Thailand and South Korea are the leading national markets for sailing jackets.
Structural Insights: https://www.kbvresearch.com/sailing-jackets-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Canadaian Tire Corporation Limited (Helly Hansen), Henri Lloyd International AB (Aligro Group), Gill Marine International Ltd., Marinepool Sportartikel GmbH & Co. KG, Sail Racing International AB, Decathlon S.A., Slam SpA, Burke Marine Company, Zhik Pty Ltd., and Regatta Ltd. (Risol Imports Ltd.)
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