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Wetsuit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global wetsuit market is expected to grow at a CAGR of around 4% during 2019-2024. A wetsuit is a garment worn by swimmers, divers, canoeists and individuals who engage in water sports and activities. The suit is made using foamed neoprene bubbles that provide thermal insulation, abrasion resistance and buoyancy to the user. It assists in retaining the body heat and avoiding the condition of hypothermia under water. It also protects against cuts and bruises from rocky reefs and jellyfish stings. Wetsuits are available in a wide variety of thickness and styles such as hooded, sleeveless, convertible, etc.

Global Wetsuit Market Report

Increasing participation in water-based sports activities and development of inland surfing grounds are the key factors driving the growth of the market. Furthermore, the introduction of novel technologies in the creation of artificial waves and wave parks are further enhancing product demand. Manufacturers are extensively focusing on creating eco-friendly wetsuits using materials such as natural rubber and water-based glue as a substitute to neoprene. Additionally, green wetsuits are also being manufactured using recycled plastics, water bottles and fishing nets, which are gaining immense popularity amongst the consumers. Various product innovations such as the introduction of shark repellant wetsuits that consist of Shark Attack Mitigation System (SAMS) have significantly impacted the market growth. It camouflages the diver using disruptive coloration and portrays him/her as a potential threat to the carnivore. Moreover, the implementation of favorable policies to promote health management through surfing and diving activities along with rising disposable incomes, is expected to impact the market positively in the coming years.

IMARC Group’s latest report provides a deep insight into the global wetsuit market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wetsuit market in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Product Type:
    • Hooded Wetsuits 
    • Full Wetsuits
    • Convertible Wetsuits
    • Sleeveless Wetsuits
    • Shortly/Spring Wetsuits
    • Others
       
  • Market Breakup by Thickness:
    • 1mm-2mm
    • 2mm-3mm
    • 3mm-4mm
    • 4mm-5mm
    • > 5mm
       
  • Market Breakup by End-User:
    • Male
    • Female
    • Kids
       
  • Market Breakup by Application:
    • Surfing
    • Scuba Diving
    • Triathlon
    • Others
       
  • Market Breakup by Distribution Channel:
    • Sport Variety Stores
    • Third Party Online Channels
    • Direct to Customer Channels
    • Franchised Stores
    • Modern Trade Channels
       
  • Market Breakup by Region:
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • Latin America
       

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being O'Neill, Billabong, Rip Curl, Body Glove, Quiksilver, Helly Hansen, Boz Wetsuits, Arena Italia SPA, Hurley, Patagonia, Hyperflex Wetsuits, Speedo, GUL, Typhoon, Isurus, etc.

Key Questions Answered in This Report:

  • How has the global wetsuit market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global wetsuit industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the thickness?
  • What is the breakup of the market based on the end-user?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global wetsuit industry?
  • What are the key driving factors and challenges in the global wetsuit industry?
  • What is the structure of the global wetsuit industry and who are the key players?
  • What is the degree of competition in the global wetsuit industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Wetsuit Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Product Type
    5.4    Market Breakup by Thickness
    5.5    Market Breakup by End-User
    5.6    Market Breakup by Application
    5.7    Market Breakup by Distribution Channel
    5.8    Market Breakup by Region
    5.9    Market Forecast
6    Market Breakup by Product Type
    6.1    Hooded Wetsuits
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Full Wetsuits
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Convertible Wetsuits
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Sleeveless Wetsuits
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Shortly/Spring Wetsuits
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Others
        6.6.1    Market Trends
        6.6.2    Market Forecast
7    Market Breakup by Thickness
    7.1    1mm-2mm
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    2mm-3mm
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    3mm-4mm
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    4mm-5mm
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    > 5mm
        7.5.1    Market Trends
        7.5.2    Market Forecast
8    Market Breakup by End-User
    8.1    Male
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Female
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Kids
        8.3.1    Market Trends
        8.3.2    Market Forecast
9    Market Breakup by Application
    9.1    Surfing
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Scuba Diving
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Triathlon
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Others
        9.4.1    Market Trends
        9.4.2    Market Forecast
10    Market Breakup by Distribution Channel
    10.1    Sport Variety Stores
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Third Party Online Channels
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Direct to Customer Channels
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Franchised Stores
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Modern Trade Channels
        10.5.1    Market Trends
        10.5.2    Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Europe
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Asia Pacific
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porter’s Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    O'Neill
        16.3.2    Billabong
        16.3.3    Rip Curl
        16.3.4    Body Glove
        16.3.5    Quiksilver
        16.3.6    Helly Hansen
        16.3.7    Boz Wetsuits
        16.3.8    Arena Italia SPA
        16.3.9    Hurley
        16.3.10      Patagonia
        16.3.11      Hyperflex Wetsuits
        16.3.12      Speedo
        16.3.13      GUL
        16.3.14      Typhoon
        16.3.15      Isurus

List of Figures

Figure 1: Global: Wetsuit Market: Major Drivers and Challenges
Figure 2: Global: Wetsuit Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Wetsuit Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Wetsuit Market: Breakup by Thickness (in %), 2018
Figure 5: Global: Wetsuit Market: Breakup by End-User (in %), 2018
Figure 6: Global: Wetsuit Market: Breakup by Application (in %), 2018
Figure 7: Global: Wetsuit Market: Breakup by Distribution Channel (in %), 2018
Figure 8: Global: Wetsuit Market: Breakup by Region (in %), 2018
Figure 9: Global: Wetsuit Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 10: Global: Wetsuit Industry: SWOT Analysis
Figure 11: Global: Wetsuit Industry: Value Chain Analysis
Figure 12: Global: Wetsuit Industry: Porter’s Five Forces Analysis
Figure 13: Global: Wetsuit (Hooded Wetsuits) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Wetsuit (Hooded Wetsuits) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Wetsuit (Full Wetsuits) Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: Global: Wetsuit (Full Wetsuits) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Wetsuit (Convertible Wetsuits) Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Global: Wetsuit (Convertible Wetsuits) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Wetsuit (Sleeveless Wetsuits) Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Global: Wetsuit (Sleeveless Wetsuits) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Wetsuit (Shortly/Spring Wetsuits) Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Global: Wetsuit (Shortly/Spring Wetsuits) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Wetsuit (Other Product Types) Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Global: Wetsuit (Other Product Types) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Wetsuit (1mm-2mm) Market: Sales Value (in Million US$), 2013 & 2018
Figure 26: Global: Wetsuit (1mm-2mm) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Wetsuit (2mm-3mm) Market: Sales Value (in Million US$), 2013 & 2018
Figure 28: Global: Wetsuit (2mm-3mm) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Wetsuit (3mm-4mm) Market: Sales Value (in Million US$), 2013 & 2018
Figure 30: Global: Wetsuit (3mm-4mm) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Wetsuit (4mm-5mm) Market: Sales Value (in Million US$), 2013 & 2018
Figure 32: Global: Wetsuit (4mm-5mm) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Wetsuit (> 5mm) Market: Sales Value (in Million US$), 2013 & 2018
Figure 34: Global: Wetsuit (> 5mm) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Global: Wetsuit (Male) Market: Sales Value (in Million US$), 2013 & 2018
Figure 36: Global: Wetsuit (Male) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Global: Wetsuit (Female) Market: Sales Value (in Million US$), 2013 & 2018
Figure 38: Global: Wetsuit (Female) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Global: Wetsuit (Kids) Market: Sales Value (in Million US$), 2013 & 2018
Figure 40: Global: Wetsuit (Kids) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Global: Wetsuit (Surfing) Market: Sales Value (in Million US$), 2013 & 2018
Figure 42: Global: Wetsuit (Surfing) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Global: Wetsuit (Scuba Diving) Market: Sales Value (in Million US$), 2013 & 2018
Figure 44: Global: Wetsuit (Scuba Diving) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 45: Global: Wetsuit (Triathlon) Market: Sales Value (in Million US$), 2013 & 2018
Figure 46: Global: Wetsuit (Triathlon) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 47: Global: Wetsuit (Other Applications) Market: Sales Value (in Million US$), 2013 & 2018
Figure 48: Global: Wetsuit (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 49: Global: Wetsuit Market: Sales through Sport Variety Stores (in Million US$), 2013 & 2018
Figure 50: Global: Wetsuit Market Forecast: Sales through Sport Variety Stores (in Million US$), 2019-2024
Figure 51: Global: Wetsuit Market: Sales through Third Party Online Channels (in Million US$), 2013 & 2018
Figure 52: Global: Wetsuit Market Forecast: Sales through Third Party Online Channels (in Million US$), 2019-2024
Figure 53: Global: Wetsuit Market: Sales through Direct to Customer Channels (in Million US$), 2013 & 2018
Figure 54: Global: Wetsuit Market Forecast: Sales through Direct to Customer Channels (in Million US$), 2019-2024
Figure 55: Global: Wetsuit Market: Sales through Franchised Stores (in Million US$), 2013 & 2018
Figure 56: Global: Wetsuit Market Forecast: Sales through Franchised Stores (in Million US$), 2019-2024
Figure 57: Global: Wetsuit Market: Sales through Modern Trade Channels (in Million US$), 2013 & 2018
Figure 58: Global: Wetsuit Market Forecast: Sales through Modern Trade Channels (in Million US$), 2019-2024
Figure 59: North America: Wetsuit Market: Sales Value (in Million US$), 2013 & 2018
Figure 60: North America: Wetsuit Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 61: Europe: Wetsuit Market: Sales Value (in Million US$), 2013 & 2018
Figure 62: Europe: Wetsuit Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 63: Asia Pacific: Wetsuit Market: Sales Value (in Million US$), 2013 & 2018
Figure 64: Asia Pacific: Wetsuit Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 65: Middle East and Africa: Wetsuit Market: Sales Value (in Million US$), 2013 & 2018
Figure 66: Middle East and Africa: Wetsuit Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 67: Latin America: Wetsuit Market: Sales Value (in Million US$), 2013 & 2018
Figure 68: Latin America: Wetsuit Market Forecast: Sales Value (in Million US$), 2019-2024

List of Tables

Table 1: Global: Wetsuit Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Wetsuit Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Wetsuit Market Forecast: Breakup by Thickness (in Million US$), 2019-2024
Table 4: Global: Wetsuit Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Wetsuit Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 6: Global: Wetsuit Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
Table 7: Global: Wetsuit Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 8: Global: Wetsuit Market Structure
Table 9: Global: Wetsuit Market: Key Players

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