Kiteboarding equipment market size to grow by USD 260.97 million from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- Technavio categorizes the global kiteboarding equipment market as a part of the leisure products market, the parent market. The leisure products market covers a variety of categories, including home fitness equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. The global kiteboarding equipment market size is estimated to increase by USD 260.97 million from 2022 to 2027. The market's growth momentum will accelerate at a CAGR of 6.75%.

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Global kiteboarding equipment market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global kiteboarding equipment market – Vendor analysis

Vendor landscape - The global kiteboarding equipment market is fragmented, with a considerable number of competitors. A few prominent vendors that offer kiteboarding equipment in the market are AXIS Foils, Best Kiteboarding, BOARDS and MORE GmbH, Cabrinhakites Inc., Crazy Fly s.r.o, Epic Kites LLC, Equipe Trading BV, F ONE, Go Foil Inc., Good Breeze Kiteboarding Inc., and others.

The market is expected to witness a rise in production capacity to aid competitors in meeting the growing demand for kiteboarding equipment. The vendors in the market compete on the basis of price, quality, brand, and variety. They conduct various marketing strategies to increase their market shares. The acquisition of new brands will help the leading vendors maintain their dominance in the market during the forecast period. They are increasingly adopting sustainable practices. Online shopping is also gaining popularity among customers of kiteboarding equipment.

Vendor offerings -

• AXIS Foils: The company offers kiteboarding equipment such as foilboards and wings.
• Best Kiteboarding: The company offers kiteboarding equipment such as ROCA v4 Tarifa, ROCA v4, twintips, surf boards, and bars.
• BOARDS and MORE GmbH: The company offers kiteboarding equipment under its brand Duotone.
• Cabrinhakites Inc.: The company offers kiteboarding equipment such as kites, boards, foils, and wings.
• For details on vendors and their offerings – Buy report!

Global kiteboarding equipment market - Segmentation assessment

Geography overview

Based on geography, the global kiteboarding equipment market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and an accurate estimation of the contribution of all regions to the growth of the global kiteboarding equipment market.

• Europe held 47% of the global kiteboarding equipment market in 2022. The region is home to many popular brands, such as F-ONE and Switch Kiteboarding. It also has various destinations and is a hub for many kiteboarding schools. Some of the countries with high popularity of kiteboarding are Spain, Italy, Greece, and the Netherlands.

Segment overview

Based on the distribution channel, the global kiteboarding equipment market is segmented into retail and others.

• The market share growth of the retail segment will be higher than the other segments during the forecast period. Kiteboarding equipment is generally sold through retail distribution channels, which include specialty stores and online retail stores. Moreover, the rise in the number of Internet users and market visibility of kiteboarding equipment have significantly impacted the online demand for these products.

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Global kiteboarding equipment market – Market dynamics

• Impactful driver - The inclusion of kiteboarding at the Olympics is driving the global kiteboarding equipment market growth. Kiteboarding as a sport debuted at the Youth Olympic Games (YOG) in Buenos Aires in 2018. The Executive Board of the International Olympic Committee (IOC) also announced the inclusion of the sport at the Paris 2024 Summer Olympics. Moreover, the number of upcoming kiteboarding events, such as the Central American and Caribbean Games, the GKA Surf World Cup Canary Islands, the Open World Championships, the Hempel Sailing World Championships, the KiteSpeed World Championships, and the GKA Surf World Cup Mauritius, will witness an intense competition. These factors have increased participation and led to a rise in the number of kiteboarding events held globally. This, in turn, has increased the demand for kiteboarding equipment and will drive the growth of the market during the forecast period.
• Key trend - Innovative product launches that enhance end-user safety are a key trend in the kiteboarding equipment market. Vendors are introducing innovative and ergonomically designed kiteboarding equipment, such as bars, locks, harnesses, kites, and boards. For instance, OZONE's new release system, Click-In Loop, is designed based on the same principle as car seat belt locks. This innovative system saves and improves reaction time. Such factors are expected to support the growth of the market during the forecast period.
   
• Major challenge - The risk of accidents that limit interest in kiteboarding challenges the global kiteboarding equipment market growth. Most participants do not have sufficient training or knowledge about sports such as kiteboarding, which can lead to accidents. Abrasions, contusions, lacerations, joint sprains, fractures, anterior cruciate ligament (ACL) injuries, posterior cruciate ligament (PCL) injuries, and polytrauma are some of the most common injuries that can occur during kiteboarding. Hence, people who are new to the sport hesitate to participate. These factors restrain the growth of the market.

Driver, trends, and challenges are the factors of market dynamics that state about consequences and sustainability of businesses. Find a few insights from a free sample report!

What are the key data covered in this kiteboarding equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the kiteboarding equipment market between 2023 and 2027
• Precise estimation of the size of the kiteboarding equipment market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the kiteboarding equipment market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of kiteboarding equipment market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global kiteboarding equipment market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global kiteboarding equipment market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Retail - Market size and forecast 2022-2027
• Exhibit 34: Chart on Retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Retail - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Retail - Year-over-year growth 2022-2027 (%)

• 6.4 Others - Market size and forecast 2022-2027
• Exhibit 38: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 42: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 43: Chart on Product - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 45: Chart on Comparison by Product
• Exhibit 46: Data Table on Comparison by Product

• 7.3 Kites - Market size and forecast 2022-2027
• Exhibit 47: Chart on Kites - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Kites - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Kites - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Kites - Year-over-year growth 2022-2027 (%)

• 7.4 Accessories - Market size and forecast 2022-2027
• Exhibit 51: Chart on Accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Accessories - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Accessories - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Accessories - Year-over-year growth 2022-2027 (%)

• 7.5 Boards - Market size and forecast 2022-2027
• Exhibit 55: Chart on Boards - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Boards - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Boards - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Boards - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 59: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027
• Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027
• Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 Australia - Market size and forecast 2022-2027
• Exhibit 97: Chart on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Australia - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Australia - Year-over-year growth 2022-2027 (%)

• 9.12 Italy - Market size and forecast 2022-2027
• Exhibit 101: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 AXIS Foils 
• Exhibit 112: AXIS Foils - Overview
• Exhibit 113: AXIS Foils - Product / Service
• Exhibit 114: AXIS Foils - Key offerings

• 12.4 Best Kiteboarding 
• Exhibit 115: Best Kiteboarding - Overview
• Exhibit 116: Best Kiteboarding - Product / Service
• Exhibit 117: Best Kiteboarding - Key offerings

• 12.5 BOARDS and MORE GmbH 
• Exhibit 118: BOARDS and MORE GmbH - Overview
• Exhibit 119: BOARDS and MORE GmbH - Product / Service
• Exhibit 120: BOARDS and MORE GmbH - Key offerings

• 12.6 Cabrinhakites Inc. 
• Exhibit 121: Cabrinhakites Inc. - Overview
• Exhibit 122: Cabrinhakites Inc. - Product / Service
• Exhibit 123: Cabrinhakites Inc. - Key offerings

• 12.7 Crazy Fly s.r.o 
• Exhibit 124: Crazy Fly s.r.o - Overview
• Exhibit 125: Crazy Fly s.r.o - Product / Service
• Exhibit 126: Crazy Fly s.r.o - Key offerings

• 12.8 Equipe Trading BV 
• Exhibit 127: Equipe Trading BV - Overview
• Exhibit 128: Equipe Trading BV - Product / Service
• Exhibit 129: Equipe Trading BV - Key offerings

• 12.9 F ONE 
• Exhibit 130: F ONE - Overview
• Exhibit 131: F ONE - Product / Service
• Exhibit 132: F ONE - Key offerings

• 12.10 Go Foil Inc. 
• Exhibit 133: Go Foil Inc. - Overview
• Exhibit 134: Go Foil Inc. - Product / Service
• Exhibit 135: Go Foil Inc. - Key offerings

• 12.11 Good Breeze Kiteboarding Inc. 
• Exhibit 136: Good Breeze Kiteboarding Inc. - Overview
• Exhibit 137: Good Breeze Kiteboarding Inc. - Product / Service
• Exhibit 138: Good Breeze Kiteboarding Inc. - Key offerings

• 12.12 Litewave Kiteboards 
• Exhibit 139: Litewave Kiteboards - Overview
• Exhibit 140: Litewave Kiteboards - Product / Service
• Exhibit 141: Litewave Kiteboards - Key offerings

• 12.13 Motion Sports LLC 
• Exhibit 142: Motion Sports LLC - Overview
• Exhibit 143: Motion Sports LLC - Product / Service
• Exhibit 144: Motion Sports LLC - Key offerings

• 12.14 Naish International 
• Exhibit 145: Naish International - Overview
• Exhibit 146: Naish International - Product / Service
• Exhibit 147: Naish International - Key offerings

• 12.15 North Actionsports B.V. 
• Exhibit 148: North Actionsports B.V. - Overview
• Exhibit 149: North Actionsports B.V. - Product / Service
• Exhibit 150: North Actionsports B.V. - Key offerings

• 12.16 RICCI INTERNATIONAL SRL 
• Exhibit 151: RICCI INTERNATIONAL SRL - Overview
• Exhibit 152: RICCI INTERNATIONAL SRL - Product / Service
• Exhibit 153: RICCI INTERNATIONAL SRL - Key offerings

• 12.17 Switch Kiteboarding 
• Exhibit 154: Switch Kiteboarding - Overview
• Exhibit 155: Switch Kiteboarding - Product / Service
• Exhibit 156: Switch Kiteboarding - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 157: Inclusions checklist
• Exhibit 158: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 159: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 160: Research methodology
• Exhibit 161: Validation techniques employed for market sizing
• Exhibit 162: Information sources

• 13.5 List of abbreviations 
• Exhibit 163: List of abbreviations

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