Water Sports Equipment - Belgium
Belgium- in Belgium, a country known for its rich history and vibrant culture, also plays a significant role in the Water Sports Equipment market.
- In 2024, the revenue in this market segment is projected to reach US$53.1m.
- Looking ahead, the market is expected to experience an annual growth rate of 2.74% between 2024 and 2029, according to the compound annual growth rate (CAGR).
- When comparing Belgium's revenue figures to the global market, it becomes evident that India generates the highest revenue in this sector.
- In 2024, India is predicted to generate a staggering US$2.1bn in revenue.
- To put these numbers into perspective, it is essential to consider the population size.
- In Belgium, the per person revenue generated in 2024 is estimated to be US$4.53.
- This figure showcases the economic impact of the Water Sports Equipment market on a per capita basis.
- Overall, Belgium's presence in the Water Sports Equipment market demonstrates its contribution to the global industry, albeit with revenue figures that are lower compared to countries like India.
- Nonetheless, the market's growth potential and the per person revenue highlight Belgium's significance in this sector.
- Belgium's water sports equipment market is experiencing a surge in demand due to the country's strong emphasis on outdoor activities and its numerous waterways.
- Key regions:
- Asia,
- Italy,
- Worldwide,
- China,
- Europe
Definition:
Water sports equipment includes products designed for various water-related activities such as swimming, diving, surfing, and kayaking. This category includes swimsuits, wetsuits, fins, goggles, snorkels, surfboards, kayaks, and other protective gear. Technological advancements, increasing interest in water sports, and the growing popularity of beach tourism are some of the factors driving the water sports equipment market.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Johnson Outdoors, Arena, Decathlon, and Aqua Lung. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Sailboards, surfboards, bodyboards, and paddles
- Kayaks
- Water skis and wakeboards
- Swimming and snorkeling gear
Out-Of-Scope
- Swimsuits, wetsuits, and other sports apparel
- Flip-flops, sandals, beach shoes, and sports footwear
