Snorkeling is similar to swimming, except it requires the use of special equipment to breathe underwater. A snorkel (a curved plastic tube used for breathing), a mask (to protect the nose and face from water), and diving fins are the three fundamental pieces of snorkeling equipment (wear on the feet to swim deep levels). Snorkeling requires less gear than scuba diving. It is swimming on the water's surface, with its head and nose submerged. Divers can take a variety of training courses to learn about snorkeling equipment and swimming techniques. Snorkeling is a popular activity in areas with clean, warm waters.
MARKET SCOPE
The "Global snorkeling equipment Market Analysis to 2028" is a specialized and in-depth study of the snorkeling equipment Market with a special focus on the global market trend analysis. The report aims to provide an overview of snorkeling equipment market with detailed market segmentation by product and distribution channel. The global snorkeling equipment market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading snorkeling equipment market player and offers key trends and opportunities in the snorkeling equipment market.
MARKET SEGMENTATION
- Based on product the market is segmented as, snorkels, snorkeling masks, snorkeling fins.
- Further, based on distribution channel the market is segmented as, sports and specialty stores, online, rentals, others.
MARKET DYNAMICS
Drivers
- Increasing water sports activities, rising disposable incomes and growth in coastal tourism are all expected to boost market growth during the forecast period.
- Wide range of availability for advanced equipment.
- High demand for water activities like, scuba, snorkeling, swimming are likely to fuel market growth during the forecast period.
Restraints
- Snorkeling activities are not done on all coastal areas which is likely to hinder market growth along with rising pollution in ocean is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global snorkeling equipment market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The snorkeling equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting snorkeling equipment Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the snorkeling equipment market in these regions.
IMPACT OF COVID-19 ON SNORKELING EQUIPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the snorkeling equipment market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from snorkeling equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for snorkeling equipment market. Below mentioned is the list of few companies engaged in the snorkeling equipment market.
The report also includes the profiles of key snorkeling equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Apollo Sports
- Aqua Lung International
- Beuchat International
- Cressi
- H2Odyssey
- Johnson Outdoors Inc.
- Mares S.p.A
- Poseidon Diving Systems AB
- Poseidon Diving Systems AB
- Sherwood Scuba
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.