Global Wetsuits Consumption Market is segmented on the basis of
product, end users, distribution channel, and geography. Wetsuits are worn by
deep-sea divers, windsurfers, canoeists, surfers, triathletes, and others
involved in water and wind-related sports activities; as water sports need
waterproof clothes with peculiarities like thermal padding and
breathability. A wetsuit is manufactured
using foamed neoprene that provides thermal buoyancy, insulation, and abrasion
resistance. Wetsuits insulation depends on the bubbles of gas enclosed within
the material of the wetsuit. This decreases their capacity to conduct heat. The
bubbles of gas also provide buoyancy in water and maintain low density.
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Different applications of wetsuits contain water sports activities
such as surfing, whitewater rafting, sailing, and diving and sea rescue
operations. The growth forecasts for the wetsuits consumption market are bullish
due to rise in water sports and recreational activities like diving, surfing,
and water skiing. The increase in number
of women participating actively in water sports has led to a major growth in
the wetsuits consumption market across the globe. The number of female surf
participants across seaside regions has increased over the past few years.
Increase in e-commerce, growing demand for women wetsuits, and increased
disposable income is expected to drive wetsuits consumption market in future.
Based on product, wetsuits consumption market is segmented into
convertible wetsuits, full wetsuits, sleeveless wetsuits, shorty or spring
wetsuits, wind sports, surfing, scuba diving, triathlon, wetsuit tops, wetsuit
vests, wetsuit jackets, rash guards, and so on. The segment “surfing” is
expected to hold the largest market share in the wetsuits consumption in the
next couple of years. “Full wetsuits” provide protection to the whole body and
they are best suited for cold water surfers; whereas “sleeveless wetsuits” do
not provide full protection to the body and they are best suited for warm water
surfing.
Full wetsuits allow individuals to stay in poor weather conditions
for long. Some wetsuits come with attached hoods as well. “Wetsuit tops” are
designed to cover the diver till the upper waist. These tops can have long
sleeves or short sleeves. “Wetsuit vests” are similar to wetsuit tops with the
only difference that the former category offers better thickness. Based on end users, wetsuits consumption
market is segmented into men, women, and kids. Based on distribution channel,
wetsuits consumption market is segmented into fashion retailers, surf shops,
general purpose sporting goods stores, company owned stores, online stores, and
so on. Based on geography, wetsuits consumption market is segmented into Asia
Pacific, Latin America, Europe, North America, and Middle East & Africa.
North America is expected to dominate the wetsuits consumption
market and account for the largest share in the upcoming years. Asia Pacific is
expected to be a profitable region for the wetsuits consumption market. The
growth of wetsuits clothes in this region is attributed to increasing
inclination towards water and wind based sports activities and events
associated with them. Also, India and China are expected to give impetus to
wetsuits due to favorable government initiatives encouraging water based
sports.
Key players operating in the wetsuits consumption market are
O'Neill, Quiksilver Inc., Billabong, Rip Curl, Body Glove, Caraspace Wetsuits,
Aqua Lung, GUL, Hurley, Shieco Group, Patagonia, Cressi, Osprey, Scubapro,
Mares, Arena Italia SPA, Billabong, Pittasoft, Poseidon, Typhoon, Body Glove,
Glidz Wetsuits, TWF, Spartan, C-Skins, TUSA and Saekodive.
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