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Over the forecast period of 2022-2028, it is expected that the market for card printer ribbons market will grow at a CAGR of 4%. Sales of card ribbon printers totalled US$ 759 million in 2021, and by the end of the assessment year, it is expected to reach US$ 997 million (2028).

The research report also covers analysis on the historical data, current market scenario and future market projections for a period of 10 years, starting from 2022 till 2028. Statistical analysis and key highlights are mentioned in the recent research publication titled “Card Printer Ribbons Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028)”.

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Demand for Superior Quality ID Cards to Support the Growth of Card Printer Ribbons
Retailers in the global market are pushing for superior ID cards and better printing experience with a view to spur the entire manufacturing process and associated activities. This has compelled manufacturers of card printers to shift towards thermal printing technology.

Large scale end use industries are focusing on updating their employee ID cards with latest cost efficient technology. This is expected to trigger the use of card printer ribbons in the following years. Additionally, growing demand for superior quality ID cards from information technology sector is also anticipated to contribute to the health of the global card printer ribbons market.

Increasing use of cards for withdrawals and payments has changed the preference of consumers towards cashless payments. The trend of “go cashless” is rising as increasing number of individuals are using banking cards to carry out transactions in retail stores, supermarkets, restaurants and cafes across the globe.

Changes in customer preferences to facilitate convenience and ease in transactions, enhanced security and cashless payment has triggered the demand for cards in various end use industries. This increasing demand is expected to boost the growth in demand of the card printer ribbons in the years to follow.

According to Future Market Insights, the global market for card printer ribbons is expected to reach a significant valuation of around US$ 997 Mn by end of the year of assessment (2028) from a value of about US$ 790 Mn in 2022. The global card printer ribbons market is projected to expand at a value CAGR of 4% throughout the period of assessment 2022-2028.

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Environmental Concerns Associated with Disposal of Cards, Consumables and Printers to Hinder Global Market Growth Card printers have an average life of about 8 years from the date of manufacture, depending upon its use, post which they are usually discarded. Considering their disposal across the entire globe, it adds to the cumulative electronic waste.

In addition, the disposal of huge volumes of ribbons and papers adds to total amount of non-degradable electronic waste generated in a year. This has steered the attention of government bodies and environment watchers, such as Environmental Protection Agency (EPA), who have imposed stringent regulations and rules regarding disposal of electronic consumables and card printers.

The printing ink used in card printing contains harmful chemicals, whose disposal can have a high negative impact on the health of the environment. This is expected to hinder the growth of the global card printer ribbons market.

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Manufacturers involved in this market are focusing on developing ribbons that pose minimal threat to environment. However, this calls for additional and higher investments, which has slowed down the rate of development.

Key players involved in the global card printer ribbons market are Zebra Technologies Corporation, Evolis S.A., ASSA ABLOY AB, Dai Nippon Printing Co., Ltd., HiTi Digital, Inc., Matica Technologies AG, Entrust Datacard Corporation, IDP Corp., Ltd., ICard Solutions (India) Private Limited, Kanematsu USA Inc., Magicard Ltd., AlphaCard, NBS Technologies Inc., Best Barcode System Private Limited and Pointman Technologies Inc.

Key Highlights of the Global Card Printer Ribbons Market

By type, colour segment is expected to be highly lucrative and is anticipated to witness increasing demand from end use industries. This segment dominated the global market in the past and is poised to resume with this trend in the years to follow

By printing type, dual sided segment is the most lucrative and is projected to expand at a significant rate during the assessment period. Adoption of card printer ribbons is expected to grow in banking, followed by the government sector. Sale of card printer ribbons in banking is estimated to cross US$ 300 Mn by end of 2028

China has shown high inclination towards use of card printers since past years, owing to high adoption in the manufacturing industry of the region. Moreover, this has spurred the use of card printer ribbons in the country and is expected to grow at a high rate in the following years

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Facial skincare continues to lead demand for blue light protection ingredients market, accounting for 40% of total demand, according to a latest study by Future Market Insights (FMI). The study also finds that demand for organic blue light protection products are growing briskly, creating space for new market entrants. The new study tracks blue light protection ingredients consumption in over 20 countries, analyzing key prevailing factors in high-growth markets.

Demand for blue light protection ingredients remained subdued for a long time, owing to low awareness and scant research. However, in the last five years, growing body of evidence has linked excessive smartphone usage to a number of health issues.

According to a new research report published by Harvard University in July, 2020, blue light suppresses melatonin twice as long as the green light along causing skin damage. As the proliferation of electronics with screens and energy-efficient lighting is increasing the exposure to blue wavelengths, consumers are looking at appropriate solutions.

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Key Takeaways

• Global blue light protection ingredient market to grow at 8% CAGR through 2030
• Solid/semi-solid ingredient demand higher than liquid ingredients
• Demand for organic variant increased to 36% of total consumption in 2020
• Germany, UK, France, Italy, and US among epicenters of global demand

“The increase in usage of electronic gadgets starting from smart phones to laptops is resulting in higher exposure of our skin to the blue lights emitted from these devices. For instance, according to the National Statistics of the United States, ~88% of people in the U.S use PC/laptop, while ~75% people use smartphones and this rate is expected to rise further through 2030.

This increasing adoption of electronic gadgets is anticipated to further expand the global blue-light protection ingredients market in the near future,” says an FMI analyst.

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COVID-19 Impact Analysis
The COVID-19 pandemic has resulted in decline in growth of the key end-use industries of the market such as cosmetics, skincare, and others. The outbreak of the pandemic has shifted the focus of the consumers towards more emergency services including health, wellness, and others.

Furthermore, the manufacturing units have come across various hurdles such as scarcity of raw materials, unavailability of enough manpower, and others. As most of the manufacturing hubs were closed for long during the lock down, the growth of the market has declined substantially earlier this year.

However, with the commencement of vaccination and adoption of the ‘new-normal’, the market is expected to get back on track and expand further in the coming years.

Who is Winning?
The global blue-light protection ingredients market is getting stricter in terms of competition with the passing years. In order to leverage the new opportunities, the key market players are emphasizing on launching of more quality products.

For instance, BASF Group launched its new range of blue-light protection ingredients such as DN-Aura^®, Neurobiox^®, Phytosoothe^®, and others which are inspired by plant defense strategies in the year 2019
RAHN AG launched its new extensive range of blue-light protection ingredients such as CELLIGENT^®, MYRAMAZE^®, and others in the year 2020

Key Segments

Form Type

• Solid/Semi-Solid
• Liquid

Nature

• Organic
• Conventional

Application

• Facial Skincare
  • Facial Creams and Moisturizer
  • Serums
  • Facial Gels/Oils
  • Others
• Body Care Products
• Cosmetic Products
  • Foundations
  • Primers and Concealers
  • Others

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East & Africa
• Oceania

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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End user possesses one of biggest risk to the security as they have access to the most valuable information. Therefore, companies around the world are adopting endpoint security solutions for the purpose to secure the vast company network.

Endpoint security solutions protects the endpoint compliance with cyber security standards and aims to secure every endpoint connecting to an interface. The increasing number of threats such as viruses, malware, data loss, and inbound network intrusion attempts is one of the key factors driving the growth of endpoint security solutions market.

Moreover, the cloud generation and its need to access data everywhere and on every devices, is creating opportunities for attackers to compromise endpoints and infiltrate networks. Therefore, due to the rising adoption of cloud technology, the need for endpoint security solutions is increasing rapidly.

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The demand for endpoint security solutions is increasing with the growing security risks in multiple industries applications. The rapid increase in cyber-attacks and data breach incidents on government and private networks across the world has resulted in the increased alertness and acceptance of endpoint security solutions.

Endpoint Security Solutions Market: Market Dynamics

Rising Trend of BYOD

The boost in number of mobile devices and smart devices is creating huge demand for endpoint security solutions which further is expected to drive the growth of endpoint security solutions market. Moreover, the growing trend of BYOD (Bring-Your-Own-Device) is also one of the major factors propelling the growth of endpoint security solutions market.

Rise in number of security threats

The continuous increase in number of security threats with the increase in number of connected devices such as mobile, tablets, and laptops especially in the business industries is creating the need for endpoint security solutions.

Challenges:

One of the biggest challenges for endpoint security solutions market is lack of awareness about cybersecurity. Also, increasing use of pirated endpoint due to budget concerns is one of the key factors hampering the growth of endpoint security solutions market.

Endpoint Security Solutions Market: Competition Landscape

Most of the leading players in the endpoint security solutions market are focusing on acquiring small and regional players in the endpoint security market in order to enhance customer base and geographic reach. For instance, in February 2019, Symantec has announced the acquisition of Luminate, a privately held company which offers software defined perimeter technology, in order to extend the power of integrated cyber defense in the cloud generation.

Endpoint Security Solutions Market: Regional overview

On the basis of regions, North America is expected to have substantial market share in endpoint security solutions market, due to presence of large number of endpoint security solutions provider in the region.

Europe and Asia Pacific are expected to offer impending growth opportunities for endpoint security solutions market, owing to the rise in BYOD adoption among Small and medium enterprises which is turning them towards endpoint security solutions to defend against potential threats.

The Endpoint Security Solutions market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

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The report covers exhaustive analysis on

• Endpoint Security Solutions Market Segments
• Endpoint Security Solutions Market Dynamics
• Endpoint Security Solutions Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in Endpoint Security Solutions Market
• Technology
• Value Chain of the Endpoint Security Solutions Market
• Market Drivers and Restraints

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest of LATAM)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
• Eastern Europe (Russia, Poland, Rest of Eastern Europe)
• Japan
• Asia Pacific Excluding Japan (China, India, South Korea, ASEAN, Australia & New Zealand, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

Endpoint Security Solutions Market: Segmentation

The endpoint security solutions market has been segmented on the basis of solution, deployment, and vertical

The Endpoint Security Solutions market is segmented on the basis of Solution:

• Anti-Virus/Anti-Malware
• Firewall
• Endpoint Device Control
• Intrusion Prevention
• Endpoint Application Control
• Others

The Endpoint Security Solutions market is segmented on the basis of Deployment:

• On-premises
• Cloud
• Hybrid

The Endpoint Security Solutions market is segmented on the basis of Vertical:

• BFSI
• IT & Telecom
• Government
• Healthcare & Life Sciences
• Consumer Goods & Retail
• Manufacturing
• Energy & Utilities
• Education
• Others

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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In 2022, the market for sun care products is anticipated to be worth US$ 1.3 Bn. Sales will increase at a 6.9 percent CAGR, with a total worth of US$ 2.6 Bn by 2032 as a result of rising personal care and beauty product spending around the world.

According to FMI analysts, customers are meticulously scrutinising labels on sun care products to learn the components, and organic, which has made significant inroads into many F&B and cosmetics categories, is also making a mark in the market.

The market has witnessed steady growth in the past few years, especially on the account of active ingredient incorporation, and the development of multifunctional formulations, which not only protect the user from the sun, but also provide skin lightening and anti-aging characteristics, which are also likely to boost growth.

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Nanoparticles such as zinc oxide and titanium dioxide are finding application in sun care product formulations, enabling uniform application, lower residue and higher product efficacy, which is considered to help in popularity of these products among potential buyers.

Strict regulations associated with ingredients and labeling in the North American and European industries, coupled with lower awareness about the risks of sunlight exposure in rural areas and developing countries are key challenges for market players.

FMI’s report offers an exhaustive overview, covering key market dynamics. Some of the takeaways from the report include,

• Market valued at valuation of US$ 1.3 Bn in 2022, with demand slowing down during the coronavirus pandemic
• Sun care creams expected to remain highly sought-after on the back of easier application, and potential for optimized skin nutrition profiles
• Sales of sun care products higher in women as compared to men
• US and EU4 key to growth. However, many countries in Asia Pacific are displaying highly lucrative opportunities for manufacturers for geographical expansion.

“Manufacturers have transitioned to natural and organic ingredients to appeal to new consumer demographics. In addition, the extraction of natural ingredients provides better margins through cheaper raw materials,” said a lead analyst at FMI.

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Covid-19 Impact on Sun Care Products Market

The global personal care and cosmetic industry has felt a substantial impact of the coronavirus crisis. Sales in the first half of 2020 have been largely weak. In addition, the large number of retail store closures have also affected the market.

Consumer priorities to spend discretionary income on essential commodities, coupled with the reduction in travel and outdoor recreational activities during the crisis are likely to hold back sales.

On the other hand, online sales of sun care products will witness strong growth, partially offsetting losses incurred by in-store sales.

Recovery of conventional sales and distribution is likely to be gradual. Market players are pushing for changes in promotion including significant discounts to move unsold seasonal inventory in the near term.

Who is Winning?

In its study, FMI has scrutinized the different strategies deployed my major companies participating in the sun care products market. Leading market players are focused on the development of novel formulations and strategic geographical and capacity expansion with acquisitions being a major area of focus.

Some of the key players in the market include Johnson & Johnson, Shiseido Company Limited, Beiersdorf AG, Loreal SA, The Procter & Gamble Company, Unilever, The Estee Lauder Companies Inc., Lotus Herbal Pvt. Ltd., Avon Products Inc., and Bayer AG, among others.

Sun Care Products Market by Category

Product Type:

• Creams
• Lotions, Gels & Oils
• Others

Nature:

• Organic
• Conventional

End User:

• Male
• Female
• Kids

Sales Channel:

• Wholesalers and Distributors
• Online Retailers
• Hypermarkets and Supermarkets
• Pharmacy Stores
• Specialty Stores
• Convenience Stores

Region:

• North America
• Latin America
• Eastern Europe
• Western Europe
• Asia Pacific excluding China & Japan
• Japan
• China
• Middle East & Africa

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:        
Future Market Insights
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According to Future Market Insights (FMI), the worldwide agriculture net market will exceed US$1.0 Bn in 2020 and is expected to grow at a CAGR of 5% between 2020 and 2030. There has been a remarkable movement toward increasing crop yield in order to reduce reliance on imports, which has increased demand for farm nets. These nets are widely used in both commercial and sustainable farming, acting as a support system to guarantee optimum crop growth.

Attacks by locusts, unpredictable weather patterns marked by strong hail and rain, heat, and UV light penetration have greatly increased demand for agricultural nets in recent years. These nets, which come in different grades, limit the passage of heat and UV rays, maintaining the greenhouse’s temperature at an ideal level for plant growth.

Due to urban inhabitants’ serious interest in gardening as a lucrative hobby, the global agriculture market is likewise booming. Agriculture nets or shade nets are in high demand due to a trend toward creating urban jungles and sustainable living with kitchen gardens.

The most imminent reason for burgeoning sales of agriculture nets is that it ensures reduced UV penetration, thus keeping the yield away from overexposure and damage. Today, vendors are also investing in designing agriculture nets that enhance photosynthesis, thus helping the end users create a healthy ecosystem for the plants.

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Key Takeaway from Agriculture Net Market Study

• Plastic to emerge as the leading material used in the production of agriculture nets during the forecast period
• Farming to remain principal activity that uses agriculture net, occupying a dominant share in the global market
• Rise of construction activities to raise demand for agriculture net for effecting coverings to prevent exposing unfinished buildings to excessive moisture
• South Asia to see stiff competition in the agriculture net market due to influx of local players and presence of established ones

Community-driven Initiatives for Vermicomposting Creates New Growth Avenue

Growing number of urban communities are showing an inclination towards vermicomposting, which is a delicate task has led to a steady rise in the demand for agriculture nets. These nets act as perfect dividers for making pits and can be used as canopies to create shade.

The delicate balance of light and shade that needs to be maintained for correct moisture levels in building healthy vermi compost pits is projected to drive market growth. Growing number of kitchen gardens and increasing demand for better waste management have introduced vermi compost as an effective solution. Analysts project that as these trends continue, they will continue to raise the usage of agriculture nets in the coming years.

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Impact of COVID-19 on Global Agriculture Nets Market

The COVID-19 pandemic has had a moderate impact on the global agriculture net market. While the demand for these nets plummeted in the construction industry, it was offset by the demand in the agriculture sector. The lockdowns and disrupted supply chains indicated that self-reliance with agriculture will be of paramount importance to avoid dependency on other nations for imports.

COVID-19, which led to severe lockdowns, also fuelled many to work on hobbies, creating a demand for shade nets for gardening. The sudden rise in number of enthusiasts building terrace gardens are expected to favour market growth in the coming years. Furthermore, as the pandemic situation normalizes, farmers will invest in agriculture nets to boost production.

Key Segment

Type

• Shading Nets
• Anti-hail
• Anti-insects
• Windbreak
• Others

Form

• Woven
• Non-woven Form

Application

• Farming Area
• Animal Husbandry
• Horticulture and Floriculture
• Aquaculture
• Others

End Use

• Industrial Agriculture
• Sustainable Agriculture

Price Range

• Economic
• Mid-range
• Premium

Material Type

• Metal
• Plastic
• Rubber
• Others

Sales Channel

• Hypermarkets/Supermarkets
• Specialty Stores
• Departmental Stores
• Independent Stores
• Hardware Stores
• Farm Equipment Stores
• Other Sales Channel

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• MEA

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:        
Future Market Insights
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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The smart clothing market is expected to grow at a 26.2 % CAGR from 2022 to 2032, rising from US$ 1.6 billion in 2022 to a valuation of US$ 5.3 billion by 2032.

This Smart Clothing market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Smart Clothing market.

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Smart Clothing Market: Market definition

One of the popular trends in consumer data science currently is the term of “Wearable Electronics”. When people think of wearable, they often think of the wearing smart devices such as smart watches, smart fitness monitors, and heart rate monitors that are typically worn on the wrist. However, the wearable market ranges well beyond the standard devices and into multiple emerging markets across various industries. One such emerging market is “Smart Clothing”. Smart clothing is also sometimes referred as monitor clothing, smart garments, smart wear, electronic textiles, high tech clothing smart textiles, e-textiles, or smart fabrics

Smart clothing is the next generation of clothes that have value added features such as blood pressure monitors, glucose monitors, ECG monitors, and others. Smart clothes use advanced textiles and fabrics that contains sensors and additional hardware to give it its smart functionality. These sensors and hardware’s are connected with as app or a program via Bluetooth or Wi-Fi. Smart clothing is revolutionizing the healthcare industry. The widespread use of smart clothing garments used to monitor health and help to reduce reliance on costly equipment for treatments.

Smart Clothing Market: Drivers & Challenges

As smart clothing garments are in direct contact with about 90% of skin surface, smart sensors placed in the smart clothing provides home-based and ambulatory health monitoring patents. With the rise in various chronic diseases such as diabetes, heart disease, cancer and respiratory disorders is propelling the growth of smart clothing market.

However, the lack of willingness of healthcare companies to invest in research of smart clothing, low awareness of smart garments, and high cost of smart garments are some of the factors that hindering the growth of smart clothing market.

Smart Clothing Market: Regional Outlook

Among all the regional markets, the market in North America is estimated to record a significant growth due to presence of intelligent garments providers. Whereas, Asia Pacific smart clothing markets are expected to record the strong adoption rates during the forecast period.

Smart Clothing Market: Competition Landscape

Key Players

Hexoskin; Under Armour; Microsoft; Google and others.

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The Smart Clothing Market report covers exhaustive analysis on:

• Smart Clothing  Market Segments
• Historical Actual Market Size, 2014 – 2018
• Smart Clothing  Market Size & Forecast, 2019 to 2029
• Supply & Demand Value Chain
• Smart Clothing  Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Smart Clothing  Market Drivers and Restraints

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
• East Asia (China, Japan, South Korea)
• South Asia (India, Indonesia, Malaysia, Thailand, Rest of South Asia)
• Oceania (Australia, New Zealand)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Key Segments Profiled in Smart Clothing Market

By Products:

• Shirts
• Pants
• Shoes
• others

By Types:

• Active smart textiles
• Passive smart textiles
• Advanced smart textiles

By End-Users:

• Healthcare
• Defence
• Sports
• Others

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Report Highlights: 

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
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Sales of water sports equipment is surging and is expected to continue increasing between 2020 and 2030. According to Future Market Insights (FMI), the surface water sports equipment market is a highly lucrative, and well poised to achieve a growth of over 11% over next ten years. Rising interest of people towards adventure water sports will boost sales.

The market is currently driven by frequent product launches and various technological advancements. For instance the advent of electric vehicles in water sports activities will encourage manufacturers to make their launches more interesting to consumers.

Resultantly, companies will focus on offering better technologies and making their equipment high-performing. Studies suggest smaller companies are likely to focus more on innovations to strengthen their footprint in the global market.

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For instance a New Zealand based startup called Manta5 has recently combined electric vehicle’s technology to that of watercraft to offer an exciting new equipment for surface water sports. It has launched a water bike called XE-1, which is built with carbon fiber hydrofoils on an aluminum frame.

The water bike is inbuilt with a propeller that keeps the craft lifted out of the water as the rider picks up speed. It also has a proprietary gearbox connected to a hybrid chain and shaft drive that allows the craft to stay streamlines.

Driven by the slew of product launches witnessed at regular intervals, the global water sports equipment market will exhibit impressive growth. FMI studies the various factors driving the market in detail in its recent market study.

The report offers a comprehensive overview of the global surface water sports equipment market, covering factors enabling growth and key restraints. It offers in-depth insights into the market. Some of these are:

• North America is expected to record high demand for surface sports water equipment
• The market is expected to witness growth at a higher pace in East Asia
• North America, Europe, and East Asia markets are likely to showcase a high degree of competition. Hence companies are expected to focus on technological advancements and product launches to gain edge
• Advent of electric vehicles and AI will give significant impetus to the market
• The unprecedented COVID-19 outbreak is expected to hamper growth. Lack of tourism due to the ongoing pandemic crisis might result in plummeting sales of surface water sports equipment

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Surface Water Sports Equipment Market Key Segment

Product Type

• Paddle Sports Equipment
• Ski Sports Equipment
• Board Sports Equipment

Consumer Orientation

• Adults
• Kids

Sales Channel

• Wholesalers/ Distributors
• Hypermarkets/ Supermarkets
• Exclusive Stores
• Multi-brand Stores
• Franchise Sports Chain Outlets
• Independent Sports Outlets
• Online Retailers

End User

• Beginner
• Intermediate
• Professional

Price Range

• Mass
• Premium

Region

• North America
• Europe
• Middle East and Africa
• East Asia
• South Asia
• Oceania
• Latin America

Surface Water Sports Equipment Market Who is winning?

Some of the leading companies operating in the global surface water sports equipment market are Paddle Surf, AIRE, Naish International, Rave Sports, O’Brien, BIC Sports, Aqua Marine, Belassi, BomBoard, Starboard, Solstice Sports, Surftech, and Johnson Outdoors.

Companies operating in the market usually focus on innovations. FMI observes a higher spending on research and spending to support product launches. While the market exhibits a presence of a significant number of established companies, it also offers immense prospects for smaller businesses and new entrants.

Get Valuable Insights on Surface Water Sports Equipment Market

Future Market Insights, provides an unbiased analysis of the global surface water sports equipment market in its new offering, giving historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights into the market. In terms of product, the market can be segmented into paddle sports equipment, ski sports equipment, board sports equipment.

Based on end user, the market can be segmented into beginner, professional, and intermediate. On the basis of consumer orientation, the market can be bifurcated into adults and kids and based on price range it can be bifurcated into mass and premium. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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