Surface Water Sports Equipment Market Size to Record USD 11.21 Billion Growth, Increasing participation in surface water sporting activities to be a Key Trend - Technavio

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  • Author(s): PR Newswire
  • Source:
    PR Newswire US. 10/10/2022.
  • Additional Information
    • Alternate Title:
      TECHNAVIO-sports-mkt
    • Subject Terms:
      New York
    • Abstract:
      NEW YORK, Oct. 10, 2022 /PRNewswire/ -- One of the key trends in the surface water sports equipment market includes the increasing participation in surface water sporting activities. The increasing participation in various water sporting activities has also led to a rise in the number of water sports tournaments across the world, further propelling the growth of the market. Across the various sports categories tracked by the Sports and Fitness Industry Association (SFIA), water sports witnessed the largest year-over-year increase in participation at 2.3% in 2022 compared to 2021. Thus, the growing participation in water sports will drive the growth of the market during the forecast period. The global surface water sports equipment market size is expected to grow by USD 11.21 at a CAGR of 7.31% between 2021 to 2026, according to Technavio's latest market report. Get a comprehensive report summary describing the market size and forecast along with research methodology Download Free Sample Report. [ABSTRACT FROM PUBLISHER]