Inflatable & Folding Kayaks Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
Throughout 2018-2022, the market for inflatable and folding kayaks witnessed a steady increase in demand, particularly in regions like North America and Europe, where outdoor and water-based recreational activities are highly popular. According to market data, the global market share for these types of kayaks reached notable levels as the industry adapted to consumer needs, providing options with better stability, ease of use, and affordability. Innovations in materials, such as drop-stitch fabrics and high-pressure air chambers, enhanced performance and provided the consumer with a safer and more enjoyable kayaking experience.
As we transition to the period from 2023 to 2033, the demand for inflatable and folding kayaks is expected to rise even further. The increased focus on eco-tourism, environmental awareness, and sustainable travel practices is driving individuals to opt for more portable and eco-friendly outdoor recreational equipment. Technological advancements in design and material technology will also play a significant role in this growth. Key players in the market are already shifting towards incorporating environmentally friendly materials, offering consumers high-performance kayaks without compromising sustainability.
The demand for inflatable and folding kayaks is anticipated to be highly driven by factors such as the growing popularity of water sports, ease of transportation, and storage advantages. Furthermore, manufacturers are likely to continue focusing on making these kayaks more compact, durable, and functional, which will undoubtedly cater to the evolving preferences of the modern-day consumer. The market is also expected to benefit from the rise in adventure tourism, as more people seek kayaking as part of their outdoor experiences.
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The inflatable and folding kayaks market has experienced significant growth between 2018 and 2022, driven by various factors such as increasing outdoor recreational activities, rising demand for lightweight watercraft, and advancements in manufacturing technology. The trend of enjoying nature through kayaking and paddling in remote areas has become more popular, attracting a diverse group of consumers from different age groups and backgrounds. In this period, manufacturers have been focusing on improving the durability, portability, and performance of inflatable and folding kayaks, catering to the rising demands of enthusiasts and adventure seekers.
Advanced Elements
Klepper
Aqua Xtreme
AIRE
BIC Sport
Nautiraid
Oru Kayak
Point65 Sweden
ZEBEC
Gumotex
Rotomod
Perception Kayaks
Aquaglide
STAR
ITIWIT
Sea Eagle
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Inflatable & Folding Kayaks Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Inflatable & Folding Kayaks market share In 2023.
Inflatable Kayaks
Folding Kayaks
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Inflatable & Folding Kayaks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Inflatable & Folding Kayaks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Inflatable & Folding Kayaks Market, By Type
6. Global Inflatable & Folding Kayaks Market, By Application
7. Global Inflatable & Folding Kayaks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Inflatable & Folding Kayaks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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