Global Rafting Equipment Market Research Report to 2022: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How the Global Rafting Equipment Market is Positioned in the Review Period? During the review period 2012-2017, the market displayed a stable and steady growth at an annual growth rate of ~%. The growth was supported by factors such as growing awareness of a healthy lifestyle, rising popularity of rafting, growing interest of people in soft adventure sports and others. During this period 2012-2017, an increased emphasis on water sports by various government bodies, especially tourism boards were visible especially in the leading markets like Americas and Europe. The tourism boards of countries like US, France, Germany and others have put high efforts to promote rafting and other similar water sports activities in an attempt to increase the revenue generated from the tourism industry. Moreover, changing lifestyles, with more people taking up some form of recreational sporting activity, along with an increase in recreational expenditure, have helped in increasing the popularity of outdoor sports that includes rafting. People have taken up rafting professionally with rising popularity & awareness. The major customer segment of the market comprise of individual customers. The market is affected by challenges including increased cost of inflatable rafting boats leading to preference for rentals, high degree of risk, unfavorable weather conditions and others. Improved promotional campaigns were being run by governments and tour operators in various countries in both leading and growing markets, which are adding to the popularity and growth of rafting equipment market. Increasing participation in the sport led to a rise in the number of water sports tournaments worldwide, further fueling growth in the market. For instance, the United States Rafting Association Championships divides the country into three regions: Western, Central and Eastern. Each region follows the rules of the International Rafting Federation (IRF) in competitions to determine a winner. The champions from the regions then race at the USRA National Championship Race, which then determines the US team for the World Rafting Championships. Which is the Best Selling rafting Equipment? The global rafting equipment market was dominated by the revenue generated through the sale of protective gear as of 2017. It accounted for a share of ~% in the overall consumer expenditure in the market. The protective gear includes helmets, rescue throw bags and personal floatation devices or PFDs. The major factor that supports this segment to stand out among the other rafting equipment is its bulk sales. These are bought by rafting participants and water sporting institutes. Rafting accessories accounted for a share of ~% in 2017. Rafting accessories includes products such as rafting paddles and dry bags. Rafting paddles are designed on account of various parameters of an individual like heights, abilities and budget and also on the basis of the kind of rafting being practiced. Which Region has Contributed Highest DAMONG Rafting Equipments? The global rafting equipment market was dominated by the region Americas with a share of ~% in the year 2017. The region occupies the largest share in the market owing to the presence of well-established water sports infrastructure and the presence of rafting enthusiasts in the region. In the recent years, rafting has been regarded as a recreational activity in the region. In 2017, the region Europe accounted for the second largest share of ~% in the rafting equipment market. The presence of increased number of water sporting sites across Europe makes it the second-largest revenue contributor to the global rafting equipment market. The region accounted for the third largest share of ~% in the market, which is regarded as a low share in comparison to the other two regions. Though the region has a presence of significant number of natural water bodies, it is experiencing a slow growth rate in the rafting equipment market. Middle East and Africa has accounted for the lowest share of ~% in the rafting equipment market in 2017. Rafting is not a popular sport in the region; it has relatively low participation rates and very less facilities available. Rafting EQUIPMENTS Market – Competitive Landscape Competition in the global rafting equipment market is highly fragmented due to the presence of large number of regional players. In the Americas, the competition in the concentrated however, majority of market leaders have substantial control in terms of good market and brand share in 2017. Majority of manufacturing facilities are based in this region leading to large exports to countries such as UAE, South Africa and India. Similarly is the scenario in Europe. The major players in the market carry out both manufacturing as well as trading. Competition in APAC and Middle East & Africa is still in the growing phase & highly fragmented. There are about 4 major rafting equipment manufacturers operating in the global market. Majority of manufacturing clusters of these major manufactures are located in North America and Europe. The players in the market compete on the basis of prices, product performance (durability & sturdiness), geographic presence, variety in product portfolio in terms of different sizes, material, width, capacity, texture and colors available and association with famous sportsmen/sports teams/event sponsoring for brand endorsements. The major strategy followed by the players in the market is the expansion of product lines which is perceived to enable the leading players in the market to maintain their dominance in the market. Rafting Equipments Market – Future Projections Supported by the growing popularity of the sport and rising awareness among the people regarding the health benefits associated with rafting the global rafting equipment market is expected grow at a CAGR of ~% during the forecast period 2018-2022E. The presence of ample amount of water bodies across the world largely supports the growth in the rafting equipment market. The market is expected to be dominated by the region Americas owing to growing participation rates and health concerns. In the recent years the region is witnessing an increase in the participation rates paddle sports include paddling, canoeing, kayaking, rafting and stand-up paddle boarding. High cost of the inflatable boats is expected to raise the preference for rentals over owning during the forecast period. The rental stores are expected to gain popularity among the people as they offer additional services like professional advice in choosing the rafts for the customers. Companies Cited in the Report List of Companies Companies Covered in the Report Wing Inflatables HYSIDE Inflatables Major Players in the Global Rafting Equipment Market SOTAR NRS Maravia AIRE Key Factors Considered in the Report Comprehensive analysis of Global Rafting Equipment Market and its segments Listed major players and their positioning in the market Identified major industry trends and developments in last few years and assessed the future growth of the industry Government initiatives and regulations in Global Rafting Equipment Market For more information on the research report, refer to below link: https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/global-rafting-equipment-market/149103-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/us-sports-equipment-industry-research-report/391-95.html The US sports equipment market has grown at a CAGR of 2.1% in the last 5 years from USD 27,294.0 million in 2006 https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/european-golf-industry-research-report/230-95.html European golf market is developing with increasing number of golfers of all age groups offering opportunities for golf equipment https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/india-golf-market-outlook-2020/60303-95.html Indian Golf Union, PGTI and WGAI are taking enough initiatives to organize more number of professional and amateur tournaments in India. Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Tags: America Rafting equipment market, APAC Rafting equipment market, Competition Rafting Equipment Sales, Europe Rafting equipment market, Gear and accessories of rafting market, Global Rafting equipment market, Inflatable Rafting Boats market, Lifespan of Rafting equipment, Market Share HYSIDE Inflatables, Market Share Rafting Brand NRS, Market Share Wing Inflatables, MEA Rafting equipment market, New demand of rafting equipment, Rafting accessories market, Rafting equipment Industry Growth, Rafting equipment market Trends, Rafting equipment Sector Future, Rafting market Global, Rafting protective gear market, Repeat demand of Rafting equipment market, Replacement demand of Rafting equipment, Revenue SOTAR Global, Technological advancement in rafting equipment, Water sports equipment market