The Asia Pacific Sailing Jackets Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 352.8 thousand units, showcasing a growth of 7.6% (2019-2022).
The offline distribution channel remains a significant aspect of the sailing jackets market, offering a tactile and personalized shopping experience that appeals to many sailors and enthusiasts. Brick-and-mortar retailers, specialty sailing shops, and outdoor gear stores serve as key players in the offline distribution network, providing a physical space for consumers to interact with sailing jackets, receive personalized assistance, and make informed purchasing decisions. Thus, the China Market utilized 87.2 thousand units of Sailing Jackets through offline distribution channel in 2022.
The China market dominated the Asia Pacific Sailing Jackets Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19,233.6 Thousands by 2030. The Japan market is experiencing a CAGR of 6.9% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 8.3% during (2023 - 2030).
Sailing jackets find application across various activities, extending beyond traditional sailing expeditions to encompass various water sports, outdoor pursuits, and everyday wear. As the name suggests, they are primarily designed for sailors navigating various bodies of water, from coastal cruising to offshore racing. These jackets provide essential protection against wind, rain, spray, and cold temperatures, ensuring comfort and safety for sailors in diverse marine conditions.
Additionally, these jackets are also widely used in various water sports beyond sailing. Kayakers, canoeists, paddleboarders, and windsurfers rely on sailing jackets to stay dry and warm while engaging in their respective activities. The waterproof and windproof properties of sailing jackets make them ideal for water sports enthusiasts who need reliable protection against splashes and immersion. Beyond water-based activities, these jackets are versatile outerwear options for various outdoor pursuits. Hikers, campers, mountaineers, and skiers often turn to sailing jackets for their weather-resistant properties. They shield against rain, wind, and cold temperatures in rugged terrain and alpine environments. The durability and functionality of sailing jackets make them well-suited for outdoor adventurers seeking reliable protection in the wilderness.
Rising disposable income levels in China fuel a growing appetite among affluent consumers for luxury goods and lifestyle products, including sailing jackets. In the first three quarters of 2023, China’s per capita disposable income was 29,398 yuan (about 4,094.71 US dollars), an increase of 6.3 percent nominally year over year. Additionally, the urban per capita disposable income increased to 39,428 yuan, or 5.2% nominally and 4.7% practically. Meanwhile, per capita income in rural areas stood at 15,705 yuan, up 7.6 percent in nominal terms and 7.3 percent in real terms. Thus, the expansion of the textile industry and increasing disposable income in the region are driving the market’s growth.
Free Valuable Insights: The Global Sailing Jackets Market is Predict to reach USD 259.4 Million by 2030, at a CAGR of 7.2%
Based on Distribution Channel, the market is segmented into Offline and Online. Based on End User, the market is segmented into Men, Women and Kids. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Distribution Channel (Volume, Thousand Units, USD Million, 2019-2030)
By End User (Volume, Thousand Units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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