The Global Sailing Jackets Market size is expected to reach $259.4 million by 2030, rising at a market growth of 7.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,404.2 thousand units, experiencing a growth of 7.2% (2019-2022).
Europe’s vibrant tourism industry and recreational opportunities further drive demand for sailing jackets among visitors and locals. Thus, the Europe region acquired $43,766.5 thousand revenues in 2022. Also, the Russia Market utilized 63.2 thousand units of Sailing Jackets in 2022. European manufacturers of water sports goods, including sailing jackets, often leverage extensive export networks to distribute their products worldwide. Thus, the increasing water sports equipment industry drives the market’s growth.
Recreational sailing has become increasingly popular as people seek outdoor recreational activities and adventure experiences. Sailing jackets are essential equipment for recreational sailors, providing protection from the elements and enhancing comfort during extended periods on the water. Hence, increasing participation in water sports is propelling the market’s growth.
Additionally, new materials offer improved performance characteristics such as better waterproofing, breathability, and durability. For sailing jackets, these advancements translate into garments that can better withstand harsh marine environments while keeping sailors comfortable and dry. Therefore, growing advancements in material technology are driving the market’s growth.
However, High-performance sailing jackets often come with a premium price tag, making them less accessible to entry-level or budget-conscious consumers. The elevated cost can deter individuals, especially newcomers to sailing or occasional enthusiasts, from investing in quality gear, thus limiting market expansion. Therefore, the elevated cost of high-performance equipment is hampering the market’s growth.
Based on end user, the market is divided into kids, women, and men. In 2022, the men segment garnered 58.1% revenue share in the market. Traditionally, sailing and other water sports have been male-dominated activities. As a result, the market for sailing jackets has historically catered more extensively to the needs and preferences of male consumers.
Based on distribution channel, the market is categorized into online and offline. The online segment procured a 30.1% revenue share in the market in 2022. Online platforms provide access to a global marketplace, allowing customers to explore and purchase sailing jackets from anywhere.
Free Valuable Insights: Global Sailing Jackets Market size to reach USD 259.4 Million by 2030
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed a 37.2% revenue share in the market in 2022. The popularity of outdoor recreation fuels the demand for sailing jackets among individuals looking to explore the region’s waterways and coastlines.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 150.7 Million |
Market size forecast in 2030 | USD 259.4 Million |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 7.2% from 2023 to 2030 |
Number of Pages | 213 |
Number of Table | 490 |
Quantitative Data | Volume in Thousand Units, Revenue in USD Million, and CAGR from 2019 to 2030 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Distribution Channel, End User, Region |
Country scope |
|
Companies Included | Decathlon S.A. (Asociacion Familiale Mulliez) (Oxelo), Canadaian Tire Corporation, Limited, Henri-Lloyd (ODLO International AG), Marinepool Sportartikel GmbH & Co. KG, Sail Racing International AB, Burke Marine (Antell Nominess Pty Limited), Zhik Pty Limited, Regatta Ltd. (Risol Imports Ltd), Magic Marine, Slam S.p.A |
By Distribution Channel (Volume, Thousand Units, USD Million, 2019-2030)
By End User (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.