Global Rafting Equipment Market Outlook to 2022
by Equipments (Protective Rafting Gear, Rafting Accessories & Inflatable Rafting Boats), by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, Department Stores & Supermarkets and Others)
May 2018
61
About the Report
About the Report
Global Rafting Equipment Market Size and Overview
Market Overview: International tourist arrivals and international tourism expenditure has been increasing at a steady pace over the review period (2012-2017), globally. Coupled with an increase in interest of people towards soft adventure sports, rising popularity of rafting & adventure sports and growing awareness regarding fitness-benefits of opting rafting has supported growth in this industry. Americas has been the biggest market in terms of expenditure incurred by consumers in rafting equipment’s followed by Europe, APAC and Middle East & Africa. Increase in demand has also been affected by growing base of Millennial, higher per capita income in major markets, presence of well-established players and expanded distribution network in new regions/countries.
Market Size: Increase in variety of rafting equipment’s available in the market, primarily, in terms of size, quality, capacity and utility, major players have been using diverse product portfolios and aggressive marketing & sales strategies to position themselves in the market. This has helped the market to grow at a CAGR of close to 3% during 2012-2017. Increased trade has been observed amongst major producing and consuming countries. Several leading manufacturers have invested huge amount in research & development segment to foster product innovations to increase durability and sturdiness of rafting equipments. By and large, Global rafting equipment market has increased by significant amount in the review period.
Market Segmentation
By Equipment: Protective Rafting Gear has captured a major market segment in 2017. Major reason for protective gears to hold highest revenue share in the market is its bulk sales. These equipments are bought by rafting participants, retail clients as well as by large-scale and small scale water sporting institutes in large quantities. Rafting Accessories accounted for the second highest share in the market. Rafting inflatables accounted for the smallest share in 2017. The boats are usually long lasting due to which the replacement demand is comparatively low. This has been primarily associated with its lower share in the consumer expenditure generated in the overall rafting equipment market.
By Region: The global rafting equipment market was dominated by Americas in the year 2017. The region occupies the largest share owing to the presence of well-established water sports infrastructure and large number of rafting enthusiasts. In the recent years, rafting has been adopted as a recreational activity along with being taken-up professionally. Europe accounted for the second largest share in the rafting equipment market. The presence of increased number of water sporting sites across Europe makes it the second-largest revenue contributor. APAC region also witnessed growth in demand for rafting equipments with an increase in both consumption and production especially in Japan, Australia, China, India, Singapore, Malaysia and Taiwan. Middle East and Africa has accounted for the lowest share in the rafting equipment market in 2017.
By Distribution Channel: Company Stores and Specialty Stores dominated the market in 2017. This sales channel has been highly popular since major large scale manufacturers of rafting equipments usually operate through own brand stores that exclusively sell equipments of their brand. These are known as Exclusive Brand Outlets of the companies located in various countries across the world. The purchase of sports equipments online has been gaining high popularity over the years. Online stores have accounted for second highest contribution in 2017. Some of the major online retailers selling sports equipments are Amazon and Alibaba. Hypermarkets, department stores and supermarkets have accounted for double digit share in terms consumption expenditure. Some of the well-known stores include Walmart and Tesco.
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 market 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. It is a similar 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. These players compete against each other on the basis of parameters such as price, product differentiation (product portfolio size and product innovations), distribution network, geographical penetration/geographical presence and research & development activities.
Future Analysis and Projections
Global rafting equipment market has been anticipated to showcase a sound growth at a CAGR of close to 2% during the forecast period (2017-2022). Growth during this period is expected to be supported by the rising popularity of rafting as a recreational and profession activity, increase in the number of rafting championships and tournaments, increase in demand from Millennial, increased awareness regarding fitness benefits of rafting, expanding geographical presence of major manufacturers, intensifying distribution channels, expansion of online retailing, new product launches, government initiative to promote the usage of protective rafting equipments and others.
Key Topics Covered in the Report
- Global Rafting Equipment Market Introduction
- Global Rafting equipment Market Size
- Global Rafting Equipment Market Segmentation by Equipments (Protective Rafting Gear, Rafting Accessories & Inflatable Rafting Boats), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand, by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, department stores & supermarkets and Others) and by Equipment Price
- Competitive Landscape in Global Rafting Equipment Market
- Company profiling for major players in Global Rafting Equipment Market
- Global Rafting Equipment Market future outlook and projections
- SWOT Analysis
- Government Regulations in Global Rafting equipment market
- Analyst Recommendations in Global Rafting equipment market
Products
Products
Companies
Table of Contents
Table of Contents
1. Executive Summary
Market Potential
Market Segmentation
Competitive Landscape
Future Analysis and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Approach - Market Sizing
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Regression Matrix
Limitations
3. Global Rafting Equipment Market Value Chain
Value Chain in a Nutshell
4. Global Rafting Equipment Market Size, 2012-2017
5. Global Rafting Equipment Market Segmentation, 2017
5.1. By Equipment (Protective Rafting Gear, Rafting Accessories and Inflatable Rafting Boats), 2017
5.2. By Regions (Americas, Europe, APAC and Middle East and Africa), 2017
5.3. By Existing and New Demand, 2017
5.4. By Distribution Channel (Company Stores and Specialty Stores, Department stores, Hypermarkets and supermarkets, Online Stores and Others), 2017
5.5. By Price of Equipments, 2017
6. Competition Landscape
6.1. Competition Scenario (Market Nature, Bargaining Power, Entry Barriers, Market Positioning, Competition Parameters), 2017
6.2. Market Share of Major Players (NRS, Wing Inflatables, HYSIDE Inflatables, SOTAR and Others), 2017
6.3. Strengths and Weaknesses of Major Players in Global Rafting Equipment market, 2017
6.4. Company Profiles
6.4.1. Wing Inflatables
6.4.2. HYSIDE Inflatables
6.4.3. SOTAR
6.4.4. Northwest River Supplies
6.4.5. Other players (Maravia and AIRE)
7. SWOT Analysis of Global Rafting Equipment Market
8. Government Regulations in Global Rafting Equipment Market
9. Global Rafting Equipment Market Future, 2018E-2022E
9.1. Market Size By Consumer Expenditure, 2018E-2022E
9.2. Market Segmentation, 2022E
9.2.1. By Equipment (Protective Rafting Gear, Rafting Accessories and Inflatable Rafting Boats)
9.2.2. By Regions (Americas, Europe, APAC and Rest of the World)
9.2.3. By Distribution Channel (Company Stores and Specialty Stores, Online Stores, Hypermarkets and Others)
10. Analyst Recommendations
Disclaimer
Contact Us
List of Figure
Figure 3-1: Flow Chart for Global Rafting Equipment Market Value Chain Including Entities Involved and Equipment Flow.
Figure 4-1: Global Rafting Equipment Market Size by Consumer Expenditure in USD Million and Growth Rate in Percentage (%), 2012-2017
Figure 5-1: Global Rafting Equipment Market Segmentation by Equipment (Protective Rafting Gear, Rafting Accessories and Inflatable Rafting Boats) on the basis of Consumer Expenditure in Percentage (%), 2017
Figure 5-2: Global Rafting Equipment Market Segmentation by Region (Americas, Europe, APAC and Middle East and Africa) on the basis of Consumer Expenditure in Percentage (%), 2017
Figure 5-3: Number of Participants in Rafting in the US in Millions and Growth Rate in Percentage (%), 2011-2016
Figure 5-4: Global Rafting Equipment Market Segmentation by Demand from Customers (Existing and New Demand) on the basis of Consumer Expenditure in Percentage (%), 2017
Figure 5-5: Global Rafting Equipment Market Segmentation by Distribution Channel (Company Stores and Specialty Stores, Online Stores, Hypermarkets and Others) on the Basis of Consumer Expenditure in Percentage (%), 2017
Figure 9-1: Future Projections for Global Rafting Equipment Market on the Basis of Consumer Expenditure in USD Million and Growth Rate in Percentage (%), 2018E-2022E
Figure 9-2: Global Rafting Equipment Future Market Segmentation by Equipments (Protective Rafting Gear, Rafting Accessories and Inflatable Rafting Boats) on the basis of Consumer Expenditure in Percentage (%), 2022E
Figure 9-3: Global Rafting Equipment Future Market by Region (Americas, APAC, Europe and Rest of the World) on the basis of Consumer Expenditure in Percentage (%), 2022E
Figure 9-4: Global Rafting Equipment Future Market by Distribution Channel (Company Stores and Specialty Stores, Online Stores, Hypermarkets and Others) on the basis of Consumer Expenditure in Percentage (%), 2022E
List of Table
Table 2-1: Global Rafting Equipments Market Definitions.
Table 2-2: Global Rafting Equipment Market Abbreviations.
Table 2-3: Correlation Matrix for Global Rafting Equipment Market
Table 2-4: Regression Coefficient for Global Rafting Equipment Market.
Table 3-1: Global Rafting Equipment Market Value Chain Analysis Including Entities Involved (Manufacturers, Authorized Distributors, Retailers, and Customers), Description and Challenges Faced.
Table 4-1: Rationale & Description for Global Rafting Equipment Market Size by Consumer Expenditure in USD Million, 2012-2017
Table 5-1: Rationale and Description for Global Rafting Equipment Market Segmentation by Equipment (Protective Rafting, Gear Rafting Accessories and Inflatable Rafting Boats) on the basis of Consumer Expenditure in USD Million, 2017
Table 5-2: Rationale and Description for Global Rafting Equipment Market Segmentation by Region (Americas, Europe, APAC and Middle East and Africa) on the basis of Consumer Expenditure in USD Million, 2017
Table 5-3: Rafting Equipment Regional Market Analysis Including Major Players, Countries and Business Activity in Rafting, 2017
Table 5-4: Rationale and Description for Global Rafting Equipment Market Segmentation by Demand from Customers (Existing and New Demand) on the basis of Consumer Expenditure in USD Million, 2017
Table 5-5: Average life Span and Replacement Demand for Rafting Equipments, 2017
Table 5-6: Rationale and Description for Global Rafting Equipment Market Segmentation by Distribution Channel (Company Stores and Specialty Stores, Online Stores, Department stores, Hypermarkets and supermarkets and Others) on the basis of Consumer Expenditure in USD Million, 2017
Table 5-7: Rationale and Description for Global Rafting Equipment Market Segmentation by Price of Equipment (Rafts) in terms of Consumer Preferences in Percentage (%), 2017
Table 6-1: Competition Scenario in Global Rafting Equipment Market Including Competition Stage, Company Positioning and Competition Parameters, 2017
Table 6-2: Market Share of Major Global Rafting Equipment Players (NRS, Wing Inflatables, HYSIDE Inflatables, SOTAR and Others) by Revenue Generated in Percentage (%), 2017
Table 6-3: Strengths and Weaknesses of Major Companies (SOTAR, HYSIDE Inflatables, Wing Inflatables and NRS) in Global Rafting Equipment Market, 2017
Table 6-4: Company Profile of Wing Inflatables Including Company Overview, Year of Establishment, Best Sellers, Products, Geographical Presence, Manufacturing, Distribution, Online Sales & Recent Developments, 2017
Table 6-5: Product Portfolio of Wing Inflatables Including Product Type (Sponsons, Tubes and Collars, Combat Rubber Raiding Craft, WingCat Tubes, SkiCollar and Small Inflatable Boats) and Product Features, 2017
Table 6-6: Company Profile of HYSIDE Inflatables Including Company Overview, USP, Products, Repair Centers, Manufacturing, Distribution, Online Sales, 2017
Table 6-7: HYSIDE Inflatables Product Portfolio Including Product Type (Rafts, Kayaks, Catarafts, Neo Line, Boat Parts & Accessories, Boat Care & Repair, Safety & Rescue and Clothing & Swag), Number of Products Offered and Prices, 2017
Table 6-8: SOTAR Company Profile Including, 2017 Company Overview, USP, Products, Manufacturing and Online Sales, 2017
Table 6-9: SOTAR Product Portfolio in Rafts (ST Rafts, SL Rafts & Strike) Including Raft Type, Product Description and Price Range, 2017
Table 6-10: North West Supplies (NWS) Company Profile Including Company Overview, Products, Distribution, Online Sales, 2017
Table 6-11: Company Profiles of Other Prominent Players in the Global Rafting Equipment Market Including Maravia and AIRE, 2017
Table 7-1: SWOT Analysis for Global Rafting Equipment Market, 2012-2017
Table 8-1: Major Safety Guidelines for Rafting in the US, 2017
Table 9-1: Future Outlook & Growth Opportunities for Global Rafting Equipment Market on the basis of Consumer Expenditure, 2018E-2022E
Table 9-2: Future Projections of Global Rafting Equipment Market Segmentation by Equipments (Protective Rafting Gear, Rafting Accessories and Inflatable Rafting Boats) on the basis of Consumer Expenditure in USD Million, 2022E
Table 9-3: Global Rafting Equipment Future Market by Region (Americas, Europe, APAC and Rest of the World) on the basis of Consumer Expenditure in USD Million, 2022E
Table 9-4: Global Rafting Equipment Future Market Segmentation by Distribution Channel (Company Stores and Specialty Stores, Hypermarkets, Online Stores and Others) on the basis of Consumer Expenditure in USD Million, 2022E
Table 10-1: Analyst Recommendations for Global Rafting Equipment Market
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.