North America Wetsuit Market

North America Wetsuit Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Offline, and Online), By Product (Surfing, Scuba Diving, Triathlon, and Wind Sports), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18450 Publication Date: October-2023 Number of Pages: 94
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Analysis of Market Size & Trends

The North America Wetsuit Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 2,627.2 thousand units, showcasing a growth of 5.0% (2019-2022).

Zipperless wetsuits are gaining popularity due to their enhanced flexibility and reduced water entry points. These designs often use innovative closures like magnetic or hook-and-loop systems for ease of use. Some wetsuits now incorporate thermal linings and advanced insulation materials to enhance warmth in cold water. These linings help extend the comfort range of wetsuits, making them suitable for a broader range of conditions. Manufacturers are developing affordable entry-level wetsuits to make water sports more accessible to beginners. These wetsuits balance performance and affordability, attracting newcomers to water activities.

Aerogel, an ultra-lightweight and highly insulating material, is being incorporated into wetsuit designs. It offers exceptional thermal protection and flexibility, making it ideal for cold-water activities. Wetsuits embedded with smart fabric technology can adjust their insulation properties based on environmental conditions. These fabrics respond to changes in temperature and moisture, providing optimal comfort to the wearer. 3D printing technology creates custom-fit wetsuits that conform precisely to an individual's body shape. This results in a superior fit, reducing water entry and improving performance. Some wetsuits are treated with hydrophobic coatings that repel water, reducing drag and maintaining buoyancy.

The United States boasts diverse underwater environments with varying water temperatures. The water temperature can range from cool to warm in regions like California, Florida, and Hawaii, where scuba diving is popular. Many dive destinations in the United States are known for their diverse marine life and stunning underwater landscapes. The US attracts dive tourists from around the world, contributing to the growth of the scuba diving industry. Scuba diving events, competitions, and dive festivals are held in various regions of the US. Participants often use wetsuits for safety, performance, and buoyancy control.

The US region dominated the North America Wetsuit Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $559 Million by 2030. The Canada region is experiencing a CAGR of 7.7% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 6.7% during (2023 - 2030).

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Product, the market is segmented into Surfing, Scuba Diving, Triathlon, and Wind Sports. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Wetsuit Market is Predict to reach USD 1.9 Billion by 2030, at a CAGR of 5.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arena S.p.A, Aqua Lung, TYR Sport, Inc., Body Glove, Buell Wetsuits & Surf, Boardriders, Inc., The Helly Hansen Group, Hyperflex Wetsuits, Isurus, Inc., JMJ Manufacture, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel (Volume, Thousand Unit, USD Million, 2019-2030)

  • Offline
  • Online

By Product (Volume, Thousand Unit, USD Million, 2019-2030)

  • Surfing
  • Scuba Diving
  • Triathlon
  • Wind Sports

By Country (Volume, Thousand Unit, USD Million, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Arena S.p.A
  • Aqua Lung
  • TYR Sport, Inc.
  • Body Glove
  • Buell Wetsuits & Surf
  • Boardriders, Inc.
  • The Helly Hansen Group
  • Hyperflex Wetsuits
  • Isurus, Inc.
  • JMJ Manufacture, Inc.
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