Water Skis and Wakeboard to witness a rapid growth in upcoming years

Posted by Govind TMR on September 12th, 2022

Multiple factors at play are helping the global water skis and wakeboard market chart a healthy graph over the forecast period. A detailed analysis can be had in the upcoming market report by TMR Research over the forecast period.

One of the significant factors driving growth in the global water skis and wakeboard market is the growing popularity of water sports. As per statistics, an increase in participation is note from 2005 to 2018 by a magnitude of 31.8% in the United Kingdom. About 10 million people in the region are beach goers – an increase of 30% over past four years. 17 million people are into waters ports.

Middle East is entering the fray, developing infrastructure and promoting initiative in a massive way.  Countries which are attracting traction over the period include Saudi Arabia and the UAE. It is pertinent to note here that in 2019, Abu Dhabi, Saudi Arabia, got approval from the IWWF for World Wakeboard Championship. In fact, ADIMSC is investing towards a sport academy for wakeboarding.

The global Water Skis and Wakeboard market will witness active players over the forecast period, setting new benchmarks in the market landscape that will shape the vendor landscape in a major way.

2019: Hyperlite launched a new series of wakeboards, comp life vests and wakeboard boots to improve the use experience, intensifying competition among other players. These vests are set to provide superior impact protection to the wearer. It is not wrong to state that the product line is an evolution in the surf line.

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