Global Windsurfing Equipment Market to Reach US$ 450 Mn in Revenues by 2022

Albany, USA, 2017-Oct-09 — /EPR Network/ —There are many watersports around the world, however windsurfing is a perfect combination of surfing and sailing and has become one of the most popular watersports. A comprehensive report “Global Windsurfing Equipment Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022” offering market analysis and forecast has been added to Market Research Reports Search Engine (MRRSE) recently. According to the report findings, windsurfing has emerged as one of the fastest growing watersports and the windsurfing aficionados continue to look for different means to their safety. This further leads to the rapid growth of global windsurfing equipment market.

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As per the report, the manufacturers of windsurfing equipment from boards to sails continue to adapt to the changing market of windsurfing equipment globally. Additionally, the prominent features of windsurfing equipment including improved sturdiness, low replacement rate and long product life cycle are the primary reason behind the growth of global windsurfing equipment market.

As per the informative report, there are ten types of windsurfing equipment available in the market and these are savage windsurfing sail, matrix windsurfing sail, pilot windsurfing sail, vapor windsurfing sail, coolrider windsurfing board, freetime windsurfing sail, 3S windsurfing board, rocket windsurfing board, manta windsurfing board, and bullitt windsurfing board.

As windsurfing allows one to sail and surf both, it is recognized as a surface watersports wherein the windsurfer is able to navigate through low tides and high tides on an aquadynamic board. The windsurfing boards are driven by wind moving over sea surface as the sail is attached to the board. The selection of each windsurfing equipment depends on the weight of the windsurfer, type of windsurfing, the skill of windsurfer and wind conditions.

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According to the report study, the global market for windsurfing equipment is expected to deliver a moderate CAGR with revenue over US$ 450 Mn by 2022 during the forecast period 2017 to 2022.

The report states that from 2017 onwards, the demand for coolrider windsurfing boards will continue to be higher in comparison to other type of products. The sale of 3S windsurfing boards is also expected to be considerably higher with a CAGR of 4.1% by the end of 2022. It also says that the demand for savage windsurfing sails is expected to be lowest with sluggish CAGR during the forecast period 2017 to 2022.

As per the report, the sales numbers for windsurfing equipment through stores will be comparatively low, considering the shortened presence of watersports gear in ordinary outlets. The franchised stores are expected to be the largest channel in the global windsurfing equipment market with revenues nearly US$ 100 Mn by the end of 2022. The demand across e-commerce platforms for windsurfing equipment will also gain traction and expected to reach more than US$ 85 Mn in global revenues in 2017.

The report throws some light on competition involved in global windsurfing market and profiled some of the key players such as Witchcraft Windsurfing, Mistral International B.V., Drops Boards SAS, Point 7 International Ltd., Kai Nalu Incorporated, Shriro Holdings Ltd., TABOU SURFBOARDS, Ricci International Srl, S.A and Societe BIC.

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