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The wetsuits market size is forecast to increase by USD 735 million at a CAGR of 6.4% between 2023 and 2028. The market is experiencing significant growth due to the rising popularity of outdoor sporting activities, including scuba diving and surfing. The increase in disposable income worldwide is fueling this trend. Natural rubber and water-based glue continue to be the primary materials used in wetsuit production. Increased participation in triathlons and other water sports has raised the demand for wetsuits, as well as triathlon clothing. However, there is a growing emphasis on sustainability, leading to the adoption of recycled plastics and wool in wetsuit manufacturing. Blind stitching is another trend gaining traction, as it enhances the suit's flexibility and durability. Market fragmentation and price-sensitive consumers pose challenges to market growth. Nevertheless, innovations in technology and materials are expected to drive market expansion in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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