Overview of the global jet skiing equipment market

According to the jet skiing equipment market analysis, the global jet skiing equipment market is anticipated to grow rapidly and will post a CAGR of more than 12% during the forecast period. The increasing number of soft adventure sports enthusiasts will drive the prospects for the jet skiing equipment market size and growth until the end of 2021. It has been observed that a lot of health-conscious sports enthusiasts prefer alternative physical activities such as outdoor and  HYPERLINK "/report/global-general-retail-goods-and-services-hard-adventure-sports-equipment-market" adventure sports, including outdoor backpacking, scuba diving, rafting, snorkeling, stand-up paddle boarding, wakeboarding, jet skiing, and leaf peeping. Also, according to the market research information, with the increasing hectic lifestyle, people falling under the age bracket of 25-44 years are increasingly looking for recreational game activities, which will drive the demand for water sports like jet skiing recreational activities in the future. Moreover, with the increasing trend in global tourism, the demand for adventure tourism is also increasing. Furthermore, support from government bodies to escalate the revenue generated from the tourism industry across the globe, promotional campaigns organized by governments, rising number of recreational expenditures, and a shift in consumer preferences will increasingly boost the interests in recreational water sports including jet skiing.

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In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market’s growth in the region is the growing popularity of the sport, participation in water sports and the presence of multiple active vendors in the jet skiing equipment market.

Competitive landscape and key vendors

The global jet skiing equipment market is highly fragmented and competitive due to the presence of a large number of vendors across the globe. These vendors are focusing on increasing their production capacity to expand their geographical reach and enhance their customer base. Also, according to the industry research report, several vendors in the market compete against each other based on factors such as the price, quality, and brand.

Key vendors in this market are 

• Dongguan Eyson Lifesaving Equipment
• Jettribe
• Kawasaki Motors
• O’Brien
• Sea-Doo
• Yamaha Motor

Other prominent vendors in the market include BELLASI, Billabong, BODY GLOVE, BomBoard, Cressi, Dive Rite, Jetpilot, Quadrofoil, and Rave Sports.

Segmentation by product and analysis of the jet skiing equipment market

• Protective gear
• PWCs
• Clothing
• Telescoping Paddle

The protective gear segment accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the growing demand for protective gears such as life jackets and helmets is the compulsory use of these products by all jet ski enthusiasts.

Segmentation by distribution channel and analysis of the jet skiing equipment market

• Sporting goods retailers
• Departmental stores, hypermarkets, and supermarkets
• Online retail

The sporting goods retailers sector accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. Some of the major factors responsible for the growing preference for these shops among consumers is the availability of popular brands of jet skiing equipment and a wide range of brands and product portfolios. 

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global jet skiing equipment market?
• What are the key market trends impacting the growth of the global jet skiing equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global jet skiing equipment market?
• What are the market opportunities and threats faced by the vendors in the global jet skiing equipment market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and ROW?
• What are the key outcomes of the five forces analysis of the global jet skiing equipment market?

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