Snorkeling Fins Price Best Seller, Worldwide Snorkeling Masks Sales - Ken Research - PowerPoint PPT Presentation

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Snorkeling Fins Price Best Seller, Worldwide Snorkeling Masks Sales - Ken Research

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The report covers market introduction, market nature, market size on the basis of consumer expenditure, market segmentation by equipments (Snorkels, Snorkeling Masks, Snorkeling Fins and Other Snorkeling Accessories), by region (Americas, Europe, APAC and MEA) by demand from customers (repeat and new customers) and by distribution channel (Company Stores & Specialty Stores, Hypermarkets, Online Stores, Small Retail Stores). For more information on the research report, refer to below link: – PowerPoint PPT presentation

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Title: Snorkeling Fins Price Best Seller, Worldwide Snorkeling Masks Sales - Ken Research


1
Global Snorkeling Equipment is Expected to Reach
USD 2.14 Billion by 2022 Owing to Rise in
Popularity of Snorkeling Amongst Tourists and
Growth Experienced in APAC Region Ken Research
2
Global snorkeling equipment market by equipments
(Snorkels, Snorkeling Masks, Snorkeling Fins and
Other Snorkeling Accessories), by region
(Americas, Europe, APAC and MEA) by demand from
customers (repeat and new customers) and by
distribution channel (Company Stores Specialty
Stores, Hypermarkets, Online Stores, Small Retail
Stores), by prices of equipments including
snorkels and fins along with company profiles for
major players (Seavenger, Tabata Co. Ltd., Apollo
Sports and Aquatec - Duton Industry) Snorkels in
the price range of USD 50 or less are the highest
selling products in the market. These are
generally bought by retail customers through
company stores, specialty stores, online stores
and in hypermarkets. Whereas, snorkeling fins
priced USD 100 or less are highest selling price
category of fins primarily sold through company
stores.
3
(No Transcript)
4
The US has been the market leader in terms of
manufacturing and consumption demand of
Snorkeling equipments worldwide. Leading players
are originally from Europe which includes Aqua
Lung and Cressi Sub. These players would dominate
the competition landscape even in the forecast
period due to higher investments done towards new
product launches and brand marketing
activities. Japan, Australia, New Zealand,
Taiwan, South Korea have been major countries in
APAC facilitating fast-pace growth in the market.
These regions would dominate in the coming future
with rise in both consumption and production
activities. The Snorkeling Equipment
Manufacturers in the market are expected to focus
more on innovative product offerings with respect
to design, color, shape and weight, to meet the
needs of individual consumers. The launch of
innovative products in the market shall raise the
replacement demand for the equipments.
Additionally, competitors are focusing on
developing advanced snorkeling fins that are
better than regular fins currently available in
the market.
5
Many types of equipments are manufactured using
high-tech materials that are strong yet
lightweight, flexible and resistant to chemicals,
which are being marketed by global competitors.
Subsequently, consumers now prefer purchasing
equipment with new and improved features that
suit their specific needs. This, therefore, is
likely to escalate the growth of global
snorkeling equipment market during the forecast
period. The region Americas is expected to
dominate the market in the coming five years,
owing to an increased participation rates and
popularity of new snorkeling sites in the region.
The US is expected to be the leading country in
this region. Some of the best snorkeling sites in
the country like Virginia Beach, Block Island,
Riviera Beach, Key Largo and Kankakee are
expected to attract more tourists. APAC is
anticipated to be the fastest-growing region
among all the other geographical regions in the
global snorkeling equipment market. Growth in
APAC has been supported by rising popularity of
soft adventure water sports and tourism. South
Korea and Australia were the major markets
contributing to the revenue of APAC. Australia is
the most popular destination for snorkeling due
to the presence of the Great Barrier Reef with
more than 2,900 individual reefs, which stretches
for more than 2.6 kilometers.
6
Great Barrier Reef is one of Australia's prime
tourist attractions. Most of the activities in
South Korea happen in the east and south coast of
the region, where water is the warmest in the
south and southeast coast, with a temperature of
73.4F. Seonjaedo, Sinuido, Hongdo, Cheongsando,
Ulleungdo and Deokjeokdo are some of the top
snorkeling sites preferred by tourists in the
country. The number of snorkeling sites in South
Korea has increased to 51 in 2015 compared to 33
in 2009. Furthermore, Indonesia, Hong Kong,
Taiwan, Thailand and Singapore are some of the
other prominent countries for snorkeling. Among
these countries, Indonesia is situated in the
middle of the Coral Triangle, which makes it a
major epicenter for marine diversity and
variations. A large number of marine life forms
are attracted to the coasts of Indonesia due to
the abundance of corals. This in turn manifests
the region to house the maximum number of coral
life species in the world, making it a very
attractive snorkeling destination. Hong Kong has
a coastline that stretches over 455 miles and
offers snorkeling sites, which are shallow and
warm. These are regarded as some of the major
underwater attractions. Hong Kongs East Ping
Chau Island is popular for the presence of large
number of turtles, anemone fishes and hard and
soft coral growths, which make for an attractive
snorkeling destination.
7
Analysts at Ken Research in their latest
publication Global Snorkeling Equipment Market
Outlook to 2022 By Equipments (Snorkels,
Snorkeling Masks, Snorkeling Fins and other
accessories), By Region (Americas, Europe, APAC
and MEA) and By Distribution Channel (Company
Stores Specialty Stores, Hypermarkets, Online
Stores, Small Retail Stores) believe that free
trial and rental facilities, technological
upgradation and major thrust from APAC region
would enable the market to register a CAGR of
around 6 during the forecast period. Key Topics
Covered in the Report Global Snorkeling
Equipment Market Worldwide Snorkeling Masks
Sales Snorkeling Fins Price Best Seller Snorkels
Sales Volume Snorkeling Masks Revenue
Market Snorkeling Fins Market Gear and
Accessories of Snorkeling Market Lifespan
Snorkeling Equipment Global Snorkeling Equipment
Sales World Snorkeling Participation
8
For more information on the research report,
refer to below link https//www.kenresearch.com/c
onsumer-products-and-retail/sporting-equipments/gl
obal-snorkeling-equipment-market/149546-95.html Re
lated Reports https//www.kenresearch.com/consumer
-products-and-retail/sporting-equipments/global-ca
noeing-kayaking-equipment-market/149543-95.html Th
e report covers market introduction, market
nature, value chain analysis and market size on
the basis of consumer expenditure in detail.
Market Segmentation by Equipments (Canoes
Kayaks and Gear Accessories), by Region
(Americas, Europe, APAC MEA), by New Existing
Demand and by Distribution Channel (Company
Stores and Specialty Stores, Online,
Hypermarkets/Department Stores/Supermarkets and
Others) have been given prime importance.
https//www.kenresearch.com/consumer-products-an
d-retail/sporting-equipments/global-rafting-equipm
ent-market/149103-95.html The report is useful
for water sports equipment manufacturers, rafting
equipment manufacturers, distributors, specialty
sporting goods stores, department stores,
e-commerce portals, customers and other
stakeholders to plan their market centric
strategies in accordance with the ongoing and
expected trends in the future.
9
https//www.kenresearch.com/consumer-products-and-
retail/sporting-equipments/global-jet-ski-equipmen
t-market/149542-95.html The report facilitates
the reader with the identification and in-depth
analysis of the existing and future trends and
issues that impact the industry. The report
apprises the reader on the growth in the future
depending upon changing industry dynamics in
coming years. The report is useful for water
sports equipment manufacturers, Jet Ski equipment
manufacturers, distributors, specialty sporting
goods stores, department stores, e-commerce
portals, customers and other stakeholders to plan
their market centric strategies in accordance
with the ongoing and expected trends in the
future. Contact Us Ken Research Ankur Gupta,
Head Marketing Communications Ankur_at_kenresearch.
com 91-9015378249
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